Capital Budgeting Pro is a free web-based investment appraisal tool developed by Projectify, a financial modelling practice focused on helping businesses, advisers and finance professionals make better-informed financial decisions.

The app turns a project idea into a structured financial case. Users enter general assumptions such as the discount rate, tax rate and project horizon, then define up to five investments with their capital expenditure, non-capitalisable costs, revenue benefits, cost savings, operating costs, working capital, depreciation and residual values.

Capital Budgeting Pro automatically builds period-by-period cash flow and profit & loss projections and calculates the key metrics commonly used in professional investment appraisal:

• Net Present Value (NPV)
• Internal Rate of Return (IRR)
• Accounting Rate of Return (ARR)
• Payback Period
• Profitability Index (PI)
• Equivalent Annual Annuity (EAA)

Users can then compare projects side by side, review rankings and appraisal charts, analyse detailed Cash Flow and P&L schedules, and use AI-assisted commentary to help interpret the results.

The in-app analysis, calculations and PDF report preview are free to use. A professional PDF report and supporting Excel workbook can be downloaded for a one-time fee of EUR 15.00.

Built On Professional Financial Modelling Experience

Projectify is built on professional financial modelling experience, including work within Big Four business modelling teams and extensive support to businesses with forecasting, valuation, financial modelling and decision-support requirements.

Our experience spans 15 years of financial modelling, with 6,000+ financial model downloads and a library of 150+ financial modelling templates developed across a wide range of industries and financial modelling applications.

Our objective is to create robust, practical and easy-to-use financial tools that follow good-practice financial modelling principles and help individuals and businesses carry out financial projections, analysis and investment appraisal in a structured and consistent way.

The same modelling discipline used in professional Excel models underpins the calculation logic, methodology and reporting structure of Capital Budgeting Pro.

You can also view feedback from Projectify customers on Trustpilot.

Tested Against Professionally Built Excel Models

Accuracy and consistency are central to the way Projectify develops web applications.

Each app is rigorously tested against professionally built Excel financial models, with key calculations, schedules, assumptions and outputs compared against the corresponding model to help ensure consistent and reliable results.

This approach combines the accessibility of a modern web application with the financial modelling discipline traditionally associated with professionally developed spreadsheet models.

Who Is Capital Budgeting Pro For?

Capital Budgeting Pro is designed for anyone who needs a structured and transparent way to assess capital investment opportunities, including:

• Business owners and management teams evaluating expansion, replacement or efficiency projects
• Finance and FP&A teams preparing investment proposals and business cases
• Advisers and consultants requiring a repeatable investment appraisal framework
• Investors and lenders reviewing project economics and financial assumptions
• Finance professionals and students looking to understand how capital budgeting techniques work in practice

The methodology is deliberately transparent, helping users understand the assumptions and financial conventions behind the results rather than relying on a black-box calculation.

Ready To Assess Your Next Investment?

Launch Capital Budgeting Pro or visit Projectify to learn more about our financial modelling tools and services.