Budgeting software refers to a wide variety of software applications designed to automate and expedite business budgeting and planning. Although many small business simply set budgets through simplistic spreadsheets, budgeting software can often take businesses to the next level - allowing them to adequately plan expansion, capital investments, expenses, new hires, or additional needs for funding.

The sophisticated budgeting software available today often combines a variety of applications into a package, helping to automate planning, forecasting and reporting. Budgeting software has generally been proven to help minimize budgeting errors, as well as reduce time involved with the process.