CloudBudget - No-consulting budgeting solution on Force.com

CloudBudget - is an online budgeting start-up that allows small and medium companies plan their financial incomes and expenses. Usually excel is used for this purpose, but CloudBudget makes the budgeting process easier, faster and eliminates errors that usually follow excel calculations. In addition, it greatly facilitates the financial planning for geographically distributed companies. The service is built on Force.com platform and in the Salesforce style - note the "No Consulting" sign in the video. Unlike most competing SaaS-products (for example, Adaptive Planning) CloudBudget does not require involvement of consultants in the budgeting process. It provides a simple questionnaire on business language, that allows automatically adapt the system to individual business and industry knowledge base (for professional services, telecoms, hi-Tech, construction).

According to the developers, now they are passing the "valley of death" - the period when most start-ups die. At the moment CloudBudget is in beta version, and they need to successfully complete two pilot projects (in a pharmaceutical company and one of the largest retailers in the U.S.) and integrate the application with FinancialForce.

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