IDU-Concept

About IDU-Concept
IDU-Concept is a web-based corporate performance management (CPM) solution designed to assist medium-sized and large enterprises with their budgeting, forecasting, financial reporting, and fixed asset management.
IDU-Concept supports both financial and revenue budgeting, and a variety of budget types, including itemized budgeting, activity-based budgeting, project-based budgeting, depreciation budgeting, grade and employee budgeting, percentage and dynamic reallocations, and more. Data is captured automatically where possible, with a range of native ERP integrations, real-time updates and data aggregation. Users can capture budgets and view results instantly, and track budget status and progress with IDU-Concept’s visual indicators. Supporting documentation can be attached and linked when preparing budgets, and users can drill-down from company and aggregate accounts to individual accounts or cost centers.
IDU-Concept’s financial reporting module allows users to analyze variance between actual spend and forecasts, budget, and comparative years. Adverse variances which exceed preset tolerance levels can be highlighted, and managers can drill down to identify business areas responsible for any major variances, and capture reasons for variances in comments. Multiple screen layouts can be configured for specific users, to customize which calculations are performed and what data is displayed, and user-reporting profiles can also be created to display reports relevant to each user's specific requirements. IDU-Concept also offers a module for fixed asset management, verification, and monitoring.
Pricing starting from:
US$50.00/month
- Free Version
- Free Trial
- Subscription
Key benefits of IDU-Concept
Typical Customers
- Freelancers
- Small Businesses (2-50)
- Mid-size Companies (51-500)
- Large enterprises (500 and more)
Deployment
- Cloud-based
- On-premise
Supported Languages
English
Pricing starting from:
US$50.00/month
- Free Version
- Free Trial
- Subscription
Images



Features
Total features of IDU-Concept: 52
Alternatives
SAP Business One

Vena

Microsoft Excel

NetSuite

Reviews
Already have IDU-Concept?
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- Industry: Logistics & Supply Chain
- Company size: 51–200 Employees
- Used Weekly for 2+ years
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Review Source
Overall rating
- Ease of Use
- Customer Support
- Likelihood to recommend 7.0 /10
IDU Review
Reviewed on 2022/07/18
Pros
It allows us to track actuals, budget and forecast in real time and assists in preparation of reporting packs
Cons
The set up and maintenance of set up can be time consuming and if not done correctly it can cause issues
- Industry: Education Management
- Company size: 5,001–10,000 Employees
- Used Weekly for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
Not looking back a second!
Reviewed on 2020/02/28
It is very user friendly product, easy to understand and maintain. The dashboards in the admin and...
It is very user friendly product, easy to understand and maintain. The dashboards in the admin and user sites are very helpful. I've never met a team that is so proud and excited about what they are doing, keeping up with the latest developments in the software environment and their clients needs. In the more than 11 years working with the IDU team I never experience once a negative vibe or unwillingness to give assistance and support.
Pros
The adaptability of the product, it can be easily adapted to your needs when it is coming to budgeting and reporting.
Cons
There is no features that I like least. I would like for us to investigate the option to do workforce planning via IDU.
Response from IDU
Dear Antoinette
Thank you so much for leaving us such a wonderful review. I have shared your kind words with our team. We put customer experience and satisfaction as our priority, and your review reaffirms all the hard work we put in every day. We look forward to seeing you again.
- Industry: Banking
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 7.0 /10
very good rounded product that offers flexibility and ease
Reviewed on 2016/08/22
Pros
the wide variety of uses and the flexibility to customise it for your business.
Cons
to many separate modules to many add on you need to fully use the product
- Industry: Printing
- Company size: 5,001–10,000 Employees
- Used Daily for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
IDU software review
Reviewed on 2020/02/27
Really happy with the product and there is always new updates and innovation.
Really happy with the product and there is always new updates and innovation.
Pros
- Easy interface
- Good reporting and budgeting features
- Now integrated with Draftworx making statutory financials easier
- Great support from IDU
Cons
- Front end interface not easily customisable.
- No standard historic cash flow report.
Response from IDU
Dear Meeschal
Thank you so much for taking the time to write a review of idu-Concept.
It was great to read that the Draftworx integration is making your statutory financials easier. It really works well and is a very useful tool.
I have also passed your feedback with regards to customer service on to our team. They will be delighted with the positive response.
I have asked our team to look into assisting you with your concenrs over the front end interface.
- Industry: Media Production
- Company size: 1,001–5,000 Employees
- Used Daily for 2+ years
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 6.0 /10
IT Manager opinion
Reviewed on 2022/11/03
12 years with IDU and counting, I think it's a good team and a reliable product.
12 years with IDU and counting, I think it's a good team and a reliable product.
Pros
From an IT perspective the platform is stable and easy to support and configure. We are fortunate to retain SQL skills in-house so non-standard queries or requirements are easy enough to implement, in partnership with the IDU team. We have changed structures over the years so we've had to go back to our first designs a few times, but we've been successful there.
Cons
SSIS requires specialised skills to support or administer.
IDU-Concept FAQs
Below are some frequently asked questions for IDU-Concept.Q. What type of pricing plans does IDU-Concept offer?
IDU-Concept offers the following pricing plans:
- Starting from: US$50.00/month
- Pricing model: Subscription
- Free Trial: Not Available
Light, Standard & Enterprise editions available. Contact IDU for full pricing information.
Q. Who are the typical users of IDU-Concept?
IDU-Concept has the following typical customers:
51–200, 201–500, 501–1,000, 1,001–5,000
Q. What languages does IDU-Concept support?
IDU-Concept supports the following languages:
English
Q. Does IDU-Concept support mobile devices?
IDU-Concept supports the following devices:
Q. What other apps does IDU-Concept integrate with?
IDU-Concept integrates with the following applications:
Dynamics 365, Dynamics 365 Business Central, JD Edwards EnterpriseOne, NetSuite, Pastel, SAP Business One, SYSPRO, Sage 300cloud, Sage 500, Sage 50cloud Pastel, Sage X3, Xero
Q. What level of support does IDU-Concept offer?
IDU-Concept offers the following support options:
Email/Help Desk, Phone Support, Chat
Related categories
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