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Top 10 Best Capital Budget Software of 2026

Explore top capital budget software to streamline planning, boost accuracy, and make smarter decisions. Compare features now.

Rajesh Patel

Rajesh Patel

Feb 11, 2026

10 tools comparedExpert reviewed
Independent evaluation · Unbiased commentary · Updated regularly
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Effective capital budgeting is foundational to strategic financial decision-making, enabling organizations to align investments with long-term goals. With a diverse array of tools available—from advanced planning platforms to Excel-native solutions—selecting the right system can significantly enhance accuracy, efficiency, and scalability, as highlighted in the comprehensive review below.

Quick Overview

  1. 1#1: Anaplan - Connected planning platform for advanced capital budgeting, scenario modeling, NPV/IRR analysis, and project portfolio optimization.
  2. 2#2: Workday Adaptive Planning - Cloud-based FP&A solution with robust capital expenditure planning, forecasting, and what-if scenario capabilities.
  3. 3#3: OneStream - Unified corporate performance management platform featuring comprehensive capital budgeting, allocation, and long-term planning tools.
  4. 4#4: Oracle Fusion Cloud EPM - Enterprise performance management suite with integrated capital planning, budgeting, and strategic financial modeling.
  5. 5#5: Prophix - CPM software that streamlines capital budgeting workflows, approvals, and multi-entity project tracking.
  6. 6#6: Jedox - Agile planning platform supporting detailed capital project budgeting, ROI calculations, and integrated financial planning.
  7. 7#7: Planful - Continuous planning tool for capital budgeting, expense forecasting, and driver-based capex modeling.
  8. 8#8: Vena Solutions - Excel-native FP&A platform with customizable capital budgeting templates, workflows, and reporting.
  9. 9#9: Centage - Planning and analytics software focused on budgeting, including capex planning, forecasting, and variance analysis.
  10. 10#10: Cube - Headcount and FP&A platform with capital budgeting features for real-time modeling and integrations.

Tools were ranked based on a rigorous assessment of core features (including scenario modeling, NPV/IRR analysis, and project portfolio optimization), platform robustness, user experience, and value proposition, ensuring the list reflects the most impactful and reliable solutions in the market.

Comparison Table

Capital budget software is essential for strategic financial planning, and this comparison table examines tools like Anaplan, Workday Adaptive Planning, OneStream, Oracle Fusion Cloud EPM, Prophix, and more to help users navigate options. It breaks down key features, strengths, and suitability, empowering readers to identify the best fit for budgeting, forecasting, and team collaboration needs.

1Anaplan logo9.4/10

Connected planning platform for advanced capital budgeting, scenario modeling, NPV/IRR analysis, and project portfolio optimization.

Features
9.8/10
Ease
7.6/10
Value
8.7/10

Cloud-based FP&A solution with robust capital expenditure planning, forecasting, and what-if scenario capabilities.

Features
9.4/10
Ease
8.6/10
Value
8.4/10
3OneStream logo8.8/10

Unified corporate performance management platform featuring comprehensive capital budgeting, allocation, and long-term planning tools.

Features
9.3/10
Ease
7.8/10
Value
8.2/10

Enterprise performance management suite with integrated capital planning, budgeting, and strategic financial modeling.

Features
9.2/10
Ease
7.5/10
Value
8.0/10
5Prophix logo8.2/10

CPM software that streamlines capital budgeting workflows, approvals, and multi-entity project tracking.

Features
8.5/10
Ease
7.8/10
Value
8.0/10
6Jedox logo8.4/10

Agile planning platform supporting detailed capital project budgeting, ROI calculations, and integrated financial planning.

Features
9.1/10
Ease
7.6/10
Value
8.0/10
7Planful logo8.1/10

Continuous planning tool for capital budgeting, expense forecasting, and driver-based capex modeling.

Features
8.5/10
Ease
7.7/10
Value
7.4/10

Excel-native FP&A platform with customizable capital budgeting templates, workflows, and reporting.

Features
8.4/10
Ease
9.2/10
Value
7.6/10
9Centage logo8.0/10

Planning and analytics software focused on budgeting, including capex planning, forecasting, and variance analysis.

Features
8.2/10
Ease
8.5/10
Value
7.7/10
10Cube logo7.2/10

Headcount and FP&A platform with capital budgeting features for real-time modeling and integrations.

Features
7.4/10
Ease
8.7/10
Value
6.5/10
1
Anaplan logo

Anaplan

enterprise

Connected planning platform for advanced capital budgeting, scenario modeling, NPV/IRR analysis, and project portfolio optimization.

Overall Rating9.4/10
Features
9.8/10
Ease of Use
7.6/10
Value
8.7/10
Standout Feature

Hyperblock™ technology for lightning-fast, in-memory calculations on massive multidimensional datasets

Anaplan is a cloud-based connected planning platform that excels in capital budgeting by enabling multidimensional modeling of capex projects, scenario analysis, and portfolio optimization. It integrates capital planning seamlessly with operational and financial forecasts for real-time decision-making. Organizations use it to evaluate ROI, manage budgets across departments, and simulate what-if scenarios at enterprise scale.

Pros

  • Unmatched flexibility in multidimensional modeling for complex capital projects
  • Real-time collaboration and scenario planning across teams
  • Seamless integrations with ERP systems like SAP and Oracle

Cons

  • Steep learning curve requiring training for full utilization
  • High cost unsuitable for small businesses
  • Customization can lead to model complexity over time

Best For

Large enterprises with complex, multi-departmental capital planning and forecasting needs.

Pricing

Custom enterprise pricing via quote; typically $1,000+ per user/month or $100,000+ annual contracts.

Visit Anaplananaplan.com
2
Workday Adaptive Planning logo

Workday Adaptive Planning

enterprise

Cloud-based FP&A solution with robust capital expenditure planning, forecasting, and what-if scenario capabilities.

Overall Rating9.1/10
Features
9.4/10
Ease of Use
8.6/10
Value
8.4/10
Standout Feature

Driver-based planning that dynamically links operational drivers to capital budgets for precise, automated forecasting and variance analysis

Workday Adaptive Planning is a cloud-based enterprise planning platform that excels in financial planning, budgeting, and forecasting, with specialized capabilities for capital budgeting such as modeling capex projects, ROI analysis, and scenario planning. It supports driver-based planning to link operational metrics to capital expenditures, enabling accurate long-term forecasts and what-if simulations. Integrated within the Workday ecosystem, it provides real-time collaboration and visibility across finance and operations for strategic capital allocation.

Pros

  • Robust scenario modeling and what-if analysis for capital project evaluation
  • Seamless integration with Workday ERP and other enterprise systems
  • Real-time collaboration and AI-driven insights for agile planning

Cons

  • High enterprise-level pricing may deter smaller organizations
  • Steep learning curve for building complex custom models
  • Limited flexibility for highly specialized non-standard capex workflows

Best For

Large enterprises with complex, multi-year capital planning needs that leverage the Workday suite for integrated FP&A.

Pricing

Custom enterprise subscription pricing, typically starting at $50,000+ annually based on users, modules, and deployment scale.

3
OneStream logo

OneStream

enterprise

Unified corporate performance management platform featuring comprehensive capital budgeting, allocation, and long-term planning tools.

Overall Rating8.8/10
Features
9.3/10
Ease of Use
7.8/10
Value
8.2/10
Standout Feature

Unified Intellect AI platform that embeds predictive analytics and automation directly into capex workflows for intelligent project recommendations and forecasting.

OneStream is a comprehensive Corporate Performance Management (CPM) platform that includes specialized capital budgeting tools via its Projects module, enabling end-to-end management of capital expenditures from planning and approval to tracking and reporting. It supports scenario modeling, ROI analysis, multi-year forecasting, and seamless integration with financial consolidation, close processes, and operational planning. Designed for complex, global enterprises, it handles multi-entity, multi-currency environments with workflow automation and real-time analytics.

Pros

  • Seamless integration of capex planning with financial consolidation and reporting, reducing silos
  • Advanced scenario analysis, what-if modeling, and AI-driven insights for project prioritization
  • Robust workflow automation for approvals, budgeting, and tracking across global entities

Cons

  • Steep learning curve and complex implementation requiring significant consulting support
  • High cost makes it less accessible for mid-market or capex-only needs
  • Overkill for organizations seeking simple, standalone capital budgeting tools

Best For

Large, multinational enterprises requiring integrated capital budgeting within a full FP&A and consolidation platform.

Pricing

Custom enterprise licensing starting at $200,000+ annually, based on modules, users, and deployment scale; typically requires professional services for setup.

Visit OneStreamonestream.com
4
Oracle Fusion Cloud EPM logo

Oracle Fusion Cloud EPM

enterprise

Enterprise performance management suite with integrated capital planning, budgeting, and strategic financial modeling.

Overall Rating8.7/10
Features
9.2/10
Ease of Use
7.5/10
Value
8.0/10
Standout Feature

AI-embedded continuous planning that automates scenario generation and provides real-time recommendations for capital allocation

Oracle Fusion Cloud EPM is a cloud-based enterprise performance management suite that excels in financial planning, including dedicated capital budgeting tools within its Planning and Project Financial Planning modules. It supports detailed CapEx modeling, scenario analysis, workflow approvals, and integration with actuals from Oracle ERP for variance tracking and forecasting. Designed for large-scale enterprises, it enables strategic alignment of capital investments with business objectives through real-time collaboration and AI-driven insights.

Pros

  • Robust scenario modeling and what-if analysis for complex capital projects
  • Seamless integration with Oracle ERP Cloud for accurate budget vs. actuals tracking
  • AI-powered predictive planning and automated insights for better decision-making

Cons

  • Steep learning curve and requires skilled administrators for setup
  • High implementation costs and time for customization
  • Overkill and expensive for small to mid-sized organizations

Best For

Large enterprises with complex, multi-entity capital budgeting needs that require deep integration into Oracle's ecosystem.

Pricing

Subscription-based; custom quotes typically start at $200-500/user/month depending on modules and scale, with minimum commitments.

5
Prophix logo

Prophix

enterprise

CPM software that streamlines capital budgeting workflows, approvals, and multi-entity project tracking.

Overall Rating8.2/10
Features
8.5/10
Ease of Use
7.8/10
Value
8.0/10
Standout Feature

Workflow-driven capital expenditure requests with real-time integration into financial forecasts and consolidations

Prophix is a cloud-based Corporate Performance Management (CPM) platform that provides robust capital budgeting tools within its broader FP&A suite, enabling multi-year capex planning, project prioritization, and ROI analysis. It supports scenario modeling, workflow approvals, and seamless integration with ERP systems and Excel for accurate forecasting of capital expenditures' impact on financials. Ideal for mid-market organizations, it streamlines capital project tracking from request to execution while consolidating data into unified reports.

Pros

  • Integrated capex planning with FP&A processes for holistic financial visibility
  • Excel add-in and familiar interface reduce adoption barriers
  • Automated workflows for approvals and scenario modeling enhance efficiency

Cons

  • Steeper learning curve for complex configurations
  • Higher cost may deter smaller organizations
  • Visualization tools lag behind specialized capex platforms

Best For

Mid-sized enterprises needing integrated capital budgeting within comprehensive FP&A workflows.

Pricing

Custom quote-based pricing; modular subscriptions typically start at $50,000+ annually for mid-market deployments.

Visit Prophixprophix.com
6
Jedox logo

Jedox

enterprise

Agile planning platform supporting detailed capital project budgeting, ROI calculations, and integrated financial planning.

Overall Rating8.4/10
Features
9.1/10
Ease of Use
7.6/10
Value
8.0/10
Standout Feature

Native Microsoft Excel add-in that allows users to build and manage sophisticated capital budgeting models using familiar spreadsheets while leveraging Jedox's backend power.

Jedox is an enterprise performance management (EPM) platform specializing in integrated business planning, budgeting, forecasting, and analytics. For capital budgeting, it offers powerful scenario modeling, NPV/IRR calculations, capex project tracking, and seamless integration of capital plans with operational budgets using its in-memory OLAP database. The tool supports real-time collaboration and advanced reporting, making it suitable for complex financial planning in larger organizations.

Pros

  • Exceptional Excel integration for intuitive model building
  • Robust scenario planning and what-if analysis for capex decisions
  • Scalable performance with in-memory database for large datasets

Cons

  • Steep learning curve for non-technical users
  • High implementation and licensing costs
  • Less specialized for pure capital budgeting compared to niche tools

Best For

Mid-to-large enterprises requiring integrated EPM with strong capital budgeting and financial modeling capabilities.

Pricing

Enterprise subscription pricing, typically starting at $50,000+ annually based on users, modules, and deployment size; custom quotes required.

Visit Jedoxjedox.com
7
Planful logo

Planful

enterprise

Continuous planning tool for capital budgeting, expense forecasting, and driver-based capex modeling.

Overall Rating8.1/10
Features
8.5/10
Ease of Use
7.7/10
Value
7.4/10
Standout Feature

Planful Projects module for end-to-end capital project lifecycle management with automated approvals and what-if analysis

Planful is a comprehensive cloud-based FP&A platform that supports capital budgeting through its dedicated modules for capex planning, project management, and scenario modeling. It enables finance teams to evaluate investment opportunities, forecast capital expenditures, and integrate capex data with overall financial planning for better decision-making. With real-time collaboration and ERP integrations, it streamlines the entire capital allocation process from request to approval.

Pros

  • Robust capex planning with scenario modeling and ROI calculations
  • Seamless integration with ERPs like NetSuite and SAP
  • Real-time dashboards and collaborative workflows for finance teams

Cons

  • Steep learning curve for non-expert users
  • Enterprise-level pricing may not suit smaller organizations
  • Less specialized for pure capex compared to niche tools

Best For

Mid-to-large enterprises seeking an integrated FP&A solution with strong capital budgeting capabilities.

Pricing

Custom enterprise pricing, typically starting at $50,000+ annually based on users and modules.

Visit Planfulplanful.com
8
Vena Solutions logo

Vena Solutions

enterprise

Excel-native FP&A platform with customizable capital budgeting templates, workflows, and reporting.

Overall Rating8.1/10
Features
8.4/10
Ease of Use
9.2/10
Value
7.6/10
Standout Feature

Excel-native capital project modeling with drag-and-drop workflow automation

Vena Solutions is a cloud-based FP&A platform with robust capital budgeting capabilities, allowing finance teams to manage capex projects, perform scenario modeling, and track ROI using an Excel-native interface. It streamlines capital planning workflows from project submission and approval to portfolio optimization and reporting. The software integrates seamlessly with ERP systems and BI tools, making it suitable for enterprise-level capital expenditure management.

Pros

  • Native Excel integration for familiar, flexible capex modeling
  • Automated workflows for project approval and prioritization
  • Strong integrations with ERP and reporting tools like Power BI

Cons

  • Primarily an FP&A suite, so capex features feel like a module rather than standalone
  • Steep initial setup and customization for complex implementations
  • Enterprise pricing may be prohibitive for smaller organizations

Best For

Mid-to-large enterprises with Excel-savvy finance teams needing integrated FP&A and capital budgeting.

Pricing

Custom quote-based pricing; typically starts at $100+/user/month, scaling with users, modules, and enterprise features.

Visit Vena Solutionsvenasolutions.com
9
Centage logo

Centage

enterprise

Planning and analytics software focused on budgeting, including capex planning, forecasting, and variance analysis.

Overall Rating8.0/10
Features
8.2/10
Ease of Use
8.5/10
Value
7.7/10
Standout Feature

Driver-based CapEx planning with pre-built templates for project prioritization and automated asset lifecycle management

Centage is a cloud-based FP&A platform specializing in budgeting, forecasting, and planning, with robust capital budgeting tools for managing CapEx projects, asset planning, and ROI analysis. It enables driver-based modeling for capital expenditures, scenario planning, and integration with operational data for accurate long-term financial projections. The software supports multi-entity organizations and automates depreciation schedules and cash flow impacts from capital investments.

Pros

  • Driver-based capital planning for accurate forecasting
  • Excel-like interface with seamless Office Connect integration
  • Strong scenario modeling and what-if analysis for CapEx decisions

Cons

  • Can be overkill for organizations needing only basic capital budgeting
  • Advanced customization requires consulting support
  • Pricing scales quickly for larger deployments

Best For

Mid-sized businesses seeking integrated FP&A with comprehensive capital expenditure planning.

Pricing

Custom subscription pricing starting around $20,000 annually, based on users, entities, and modules.

Visit Centagecentage.com
10
Cube logo

Cube

enterprise

Headcount and FP&A platform with capital budgeting features for real-time modeling and integrations.

Overall Rating7.2/10
Features
7.4/10
Ease of Use
8.7/10
Value
6.5/10
Standout Feature

Spreadsheet-native modeling layer that turns Google Sheets into a powerful, multi-dimensional FP&A tool

Cube is a cloud-based FP&A platform that streamlines financial planning, budgeting, and forecasting through a spreadsheet-native interface integrated with Google Sheets or Excel. It supports capital budgeting by enabling multi-dimensional modeling for capex projects, scenario analysis, and integration with ERP systems for real-time data. While versatile for general FP&A, it provides solid but not specialized tools for capital expenditure evaluation like NPV/IRR calculations within collaborative models.

Pros

  • Spreadsheet-native interface familiar to Excel/Google Sheets users
  • Real-time collaboration and version control for team-based planning
  • Seamless integrations with accounting tools like QuickBooks and NetSuite

Cons

  • Lacks advanced capital-specific features like automated project ranking or asset lifecycle management
  • Enterprise-level pricing may not suit small businesses
  • Relies heavily on user modeling skills rather than out-of-box templates

Best For

Mid-market finance teams comfortable with spreadsheets seeking scalable collaborative FP&A that includes capital budgeting.

Pricing

Custom pricing via contact sales; typically starts at $1,500-$3,000/month for Growth tier, scaling to enterprise levels.

Visit Cubecube.com

Conclusion

The reviewed capital budget tools showcase diverse strengths, but Anaplan stands out as the top choice, leading in connected planning, scenario modeling, and portfolio optimization. Workday Adaptive Planning and OneStream also excel—Workday for cloud-based agility, and OneStream for unified performance management—offering strong alternatives based on specific needs.

Anaplan logo
Our Top Pick
Anaplan

Begin leveraging Anaplan’s robust capabilities to enhance your capital budgeting processes today, and explore Workday and OneStream if your priorities align with their unique strengths.