Abacum
About Abacum
Abacum is the most scalable financial planning solution to automate, analyze, and forecast for strategic impact.
Seamlessly integrating with your ERP, CRM, HRIS, and data warehouse, Abacum provides real-time updates to all your reports and forecasts. From management reports and scenario analyses to vendor-level budgeting and headcount planning, Abacum empowers finance teams to drive accountability and achieve results across their business.
Key benefits of Abacum
Automation → Strategic Finance teams spend 75% less time on manual tasks, focusing on driving business performance with just one click. Automated operational and financial reporting, performance analysis, and rolling forecasts.
Flexibility → Flexible, just like your business. Model your business plan with flexibility and in one place, forecast for the future with scenarios to unlock new opportunities and navigate uncertain times.
Insights → Connect the dots by answering the what and the why with real-time insights that everyone can understand. Gain unparalleled visibility with a 360-degree view across your business.
Collaboration → Drive accountability with stakeholders. Seamless budgeting workflows, approvals, and permissions give teams ownership of their budget, metrics, and performance. Finance moves from being the budget police to a trusted business partner.
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Reviews
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- Industry: Health, Wellness & Fitness
- Company size: 51–200 Employees
- Used Daily for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Great experience so far – I highly recommend the company and its tool.
Reviewed on 2025/02/24
In general, it has been great—the support is excellent, they are open to deploying fixes for bugs,...
In general, it has been great—the support is excellent, they are open to deploying fixes for bugs, and they promptly answer questions and requests.
Pros
The customer support and the reliability of the program have been excellent throughout the process of automating our finance models.
Cons
My only concern with the tool right now is that there’s still more to be done in the charting functionality to fully encompass some reporting features we already have in Excel or Google Sheets, but for sure is something that is coming
Alternatives Considered
NetSuiteReasons for Switching to Abacum
Price and personalization of the product- Industry: Computer Software
- Company size: 501–1,000 Employees
- Used Daily for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Transformative FP&A platform
Reviewed on 2025/02/24
Overall great - highly recommend for planning and reporting.
Overall great - highly recommend for planning and reporting.
Pros
We've been using Abacum for 6 months. The implementation team were great and got us up and running in 4 weeks. We've cut the time it takes to create and update reports to a fraction of what it was in spreadsheets. Reports and charts are automated, saving us time and reducing errors. We now have consistent data between our actuals and forecast, and we can link different data sources, drill into details, and create tons of custom views. The implementation team helped us learn the product quickly, clarify setup questions, and helped us find the best ways to implement Abacum for our business. Lots of new features released since we started. The product team are responsive and have reached out to understand our requirements more to put them onto the roadmap.
Cons
Nothing. They have continually met our expectations. Where we have encountered some product limitations, the team has listened and provided workarounds and/or permanent fixes.
Reasons for Switching to Abacum
Features, implementation and customer support, understanding our requirements and priorities, value for money.- Industry: Computer Software
- Company size: 51–200 Employees
- Used Daily for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
Great Tool to increase financial transparency
Reviewed on 2024/12/13
Pros
The user experience is one of the best features of Abacum. Especially highlighting the drill down function.
Cons
Looking at the forecasting model there are still some features that can be developed to reduce the work for the finance teams.
- Industry: Nonprofit Organization Management
- Company size: 201–500 Employees
- Used Daily for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Excellent FP&A Product!
Reviewed on 2024/12/12
We've been extremely pleased with Abacum! From the sales process (not pushy but very helpful/informa...
We've been extremely pleased with Abacum! From the sales process (not pushy but very helpful/informative) to implementation to go live and these first few months of being live, the product has been everything we hoped for and more and the team has been top notch.
Pros
So much! Easy enough to learn for non-financial stakeholders but powerful enough to do anything the finance team needs. Great API connections/integrations. Excellent customer support. They as a company are constantly adding updates/improvements.
Cons
Honestly there have been no issues with Abacum. If anything, because we're a non-profit, there's been just a few things to figure out since we look at things a little differently than a corporation, but their implementation team was excellent in helping us work that out and they've already added some improvements/changes based on things that we needed.
Reasons for Choosing Abacum
(We switched from using Sage Intacct's Budgeting/Planning tool) Easier to use, both for our finance team and our company users, and actually came out cheaper.Switched From
Sage IntacctReasons for Switching to Abacum
It was the best combination of features, functionality, and price. Also, not enough can be said for Abacum's team - sales, implementation, and customer support. They've been absolutely the best to work with.- Industry: Media Production
- Company size: 51–200 Employees
- Used Daily for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
A turning point in our Financial operations!
Reviewed on 2024/12/17
Pros
We started using Abacum a year ago. The FP&A team were very helpful during the onboarding process and helped us setup all of the models on the platform. They are generally always very responsive and always clear up any uncertainties we face both now and during the onboarding process.
The integration of Abacum into our financial operations has definitely been a significant turning point. Historically, our team has spent a lot of time on manual tasks and consolidating information. This integration has undoubtedly made a huge impact on the way we work, allowing us to spend more time on strategic decision-making.
Cons
As of now, there is nothing we have encountered that falls short of our expectations
Abacum FAQs
Below are some frequently asked questions for Abacum.Q. What type of pricing plans does Abacum offer?
Abacum offers the following pricing plans:
- Free Trial: Not Available
Q. Who are the typical users of Abacum?
Abacum has the following typical customers:
51–200, 201–500, 501–1,000
Q. What languages does Abacum support?
Abacum supports the following languages:
English, French, Portuguese, Spanish
Q. Does Abacum support mobile devices?
Abacum supports the following devices:
Q. What other apps does Abacum integrate with?
Abacum integrates with the following applications:
BambooHR, Chargebee, Databricks, Factorial, Google Drive, Google Sheets, Greenhouse, Gusto, HubSpot CMS Hub, HubSpot CRM, Looker, NetSuite, Odoo, Personio, QuickBooks Desktop, Rippling, Snowflake, Stripe, Tableau, Visma, Workday Financial Management, Xero, Xerox Workplace Suite
Q. What level of support does Abacum offer?
Abacum offers the following support options:
Email/Help Desk, FAQs/Forum, Knowledge Base, 24/7 (Live rep), Chat
Related categories
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Financial Management Software
