Abacum logo

Abacum

0(0 reviews)
Software Status:Active

About Abacum

Abacum is an AI-native FP&A platform from ABACUM designed to connect data, workflows, and teams for CFOs. It offers budgeting and forecasting, headcount planning, and revenue planning to help organizations manage their financial planning in a more integrated manner. With over 700 integrations, Abacum supports scenario planning to build multiple forecasts and shift assumptions while showing instant impacts. Additionally, it facilitates investor reporting by preparing updates that provide complete visibility to investors. Key capabilities: budgeting and forecasting headcount planning revenue planning scenario planning investor reporting Best for: CFOs and finance teams that need to improve financial planning and reporting processes effectively.

Abacum Details

Vendor
ABACUM
Year Launched
2020
Location
450 Park Avenue S, New York City, NY 10016, US
Deployment
cloud, on premise, windows
Training Options
documentation, videos, live online
Countries Served
All Countries
Languages
English, Spanish, French, German, Italian, Portuguese, Chinese, Japanese, Korean, Russian, Dutch, Arabic, Turkish, Polish, Swedish, Danish, Norwegian, Finnish, Greek, Hebrew, Hindi, Indonesian, Malay, Thai, Vietnamese
Users
Administrator, Financial Analyst, Accountant, CFO, Executive Director, Treasurer, Finance Manager, Controller.
Industries Served
Healthcare, Education, Finance, Retail, Manufacturing, Hospitality, Nonprofit
Tags
Financial Management

Abacum's In-App Market Place

Does Abacum have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

1

Mini Apps

N/A

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

USD ($), EUR (€), GBP (£), AUD (A$), CAD (C$), JPY (¥), CNY (¥), CHF (CHF), INR (₹), BRL (R$), RUB (₽), MXN (MX$), SGD (S$), HKD (HK$), SEK (kr), NZD (NZ$), KRW (₩), TRY (₺), ZAR (R), AED (د.إ), DKK (kr)

Pros & Cons

  • AI-native features like forecasting and anomaly detection drive proactive decision-making.
  • Extensive data integrations eliminate manual data handling and create a single source of truth.
  • Collaborative workflows and approvals turn planning into an efficient, organization-wide team effort.
  • Real-time reporting and customizable dashboards provide immediate, actionable financial insights.
  • The platform supports a complete set of FP&A workflows, including budgeting, headcount, and revenue planning.
  • The high degree of sophistication and AI may require a steep initial learning curve for finance teams.
  • As an enterprise-grade platform, the total cost of ownership could be significant for smaller businesses.
  • Reliance on 50+ integrations means system performance is dependent on the stability of multiple data sources.
  • The platform’s simplicity with enterprise-grade flexibility is a marketing claim that may be hard to balance in reality.
  • Adoption requires migrating from existing systems, presenting a potential integration and change management challenge.

Abacum's Support Options

Abacum's Alternatives