Beta
Abacum
4.6
53

Not Claimed

Abacum is a Business Planning platform that automates BvA reporting, budget changes, scenario building, and report sharing. It empowers Finance teams to make faster business decisions with context, model scenarios, and update their business plan in real-time.
Website
https://www.abacum.io/
Developer
Abacum
Category
ERP
HQ Location
New York City, NY
Year Founded
2020
Number of Employees
101
Twitter
@Abacum_io
Strengths
  • Automation

    Automates financial forecasting and reporting

  • Accuracy

    Uses machine learning to improve accuracy of forecasts

  • Integration

    Integrates with popular accounting software

Weaknesses
  • Pricing

    Pricing may be too high for small businesses

  • Limited Features

    May not have all the features needed for complex financial analysis

  • Ease of Use

    May require some training to use effectively

Opportunities
  • Growing demand for financial forecasting and reporting solutions
  • Opportunity to expand into new markets and industries
  • Opportunity to form partnerships with accounting software providers
Threats
  • Competitors offering similar solutions
  • Decreased demand for financial forecasting and reporting solutions during economic downturns
  • Changes in financial regulations may impact demand for the product

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Abacum Plan

Abacum offers a tiered pricing strategy with three versions, starting at $49/month, increasing in features and price up to $499/month.
Starter $ Contact Us
For fast-growing teams. Drive decisions through insights and out-of-the-box reporting. Unlimited admins & users Permission groups Guests (Investors & Board Members) Hybrid Spreadsheet modeling Automated Forecasts vs Actuals Automated multi-currency consolidations Custom reporting templates Advanced dashboarding and charts Spreadsheet + CSV imports Bi-directional Google integration Self-serve integration with 20+ (CRM, BI, HRIS) Priority support and live chat Direct API with Xero or Quickbooks
Professional $ Contact Us
For scaling companies. Forecasting, scenarios, and dynamic modeling. Everything in Starter, plus: Advanced permissions Driver based modeling Multidimensional modeling Headcount planning Scenario modelling Vendor level forecasting Direct API with Netsuite or Sage
Entreprise $ Contact Us
For best-in-class FP&A. Full real-time visibility into your business drivers. Everything in Professional, plus: Approval workflows Slack integration SAML + Single Sign-On (SSO) Predictive forecasting Multi-year forecasting Custom data modeling Custom API integrations Designated FP&A and Customer Success partner Custom contract and invoicing
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