Abacum

Abacum

Software Development

New York City, NY 8,644 followers

Automate, analyze and forecast for strategic impact with Abacum, the most scalable FP&A platform.

About us

Abacum is the FP&A platform that automates, analyzes, and forecasts for strategic impact. End the spreadsheet struggle. Drive business results through the most scalable Financial Planning Solution We empower finance teams to: 👉Drive efficient growth with faster revenue forecasts, scenarios and headcount planning. 👉Free up time by automating Board decks and monthly performance and reforecasting reports. 👉Increase your time for analysis with all your operational and financial KPIs in one place, in real-time. 👉Drive budget owner accountability with structured workflows. Experience the power of automated FP&A with Abacum.

Industry
Software Development
Company size
51-200 employees
Headquarters
New York City, NY
Type
Privately Held
Founded
2020
Specialties
financial planning, FP&A, forecasting, financial solutions, strategic finance, corporate performance, financial modeling, collaboration, investor reporting, operational metrics, and people planning

Products

Locations

Employees at Abacum

Updates

  • View organization page for Abacum, graphic

    8,644 followers

    Let’s face it - access to more data doesn’t always mean better decisions. And choosing from 20 scenarios feels like trying to pick a movie from 20 options in your favorites list. 😵💫 Christian Wattig recommends using the 80/20 rule to narrow down to the 3-7 scenarios that truly matter. This way, your leadership team avoids drowning in choices, making everyone’s life a whole lot easier. How many scenarios do you usually plan for? 👀 #scenarioplanning #scenarioanalysis #abacum #financialplanningsolution

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  • View organization page for Abacum, graphic

    8,644 followers

    Want to know a big secret in the FP&A market? 🤫 9 out of 10 times, a software is only as good as the data you feed into it. And CFOs don’t settle for 70% accuracy. They have a high standard that demands +99% data accuracy. At Abacum, we focus on this challenge by having: 1️⃣ Over 60 powerful, self-serve integrations 2️⃣ Deep, customizable mapping of your Chart of Accounts (COA) 3️⃣ A thorough onboarding process with our in-house implementation team But there’s always room to improve data hygiene. That’s why we developed the latest Abacum Intelligence release: AI Classifier ⭐ #ai #aiclassifier #fpa #abacum

  • View organization page for Abacum, graphic

    8,644 followers

    Business leaders from industries like Healthcare, Media & Telecom and Industrial Markets are confident they will see return on their investment in #GenAI over the next 1 to 3 years. But what about finance teams? Here’s how they can supercharge their success with GenAI: 🗂️ Automate repetitive tasks, like invoice processing 📊 Boost financial forecasting with powerful data insights ⚡️ Strengthen risk management by spotting anomalies faster How is your team leveraging GenAI? Let us know your thoughts in the comments below!

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  • View organization page for Abacum, graphic

    8,644 followers

    This past Saturday, some members of our FP&A team took a break from their screens and headed outdoors for a hike to Castell de Burriac with views of Mataró, a small town near Barcelona. We love when our employees take the initiative to organize activities like this. These moments not only strengthen bonds between colleagues but also reflect the values we stand for: collaboration, well-being, and continuous growth. 💜 #abacum #teamwork #offwork

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    8,644 followers

    Ready to unlock the secrets of #NetSuite? Register to attend NoBlue2's Insights Day 2024. We’ll be on the ground at the event, talking to NetSuite users, experts and partners about how they can get the most value from their ERP and finance systems. 🗓️ Wednesday, October 9th ⏰ 10:00 - 17:00, followed by networking drinks 📍etc.venues 8 Fenchurch Street, London This is a complimentary event, with lunch and networking drinks included, opened to existing NetSuite users and those interested in learning more about the cloud ERP solution. 🔗 Reserve your place today: https://lnkd.in/gYFGr9uj

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  • View organization page for Abacum, graphic

    8,644 followers

    “Strategy is about closing doors” 🚪 As businesses grow, you’re constantly presented with more opportunities than you can realistically take on. This is especially true when it comes to budgeting. It’s tempting to want to invest in everything, but that’s when the finance and FP&A teams can step in and ensure focus. This insight was part of the discussion between Paul Barnhurst and Julio Martínez in yesterday’s webinar. If you missed it, you’re in luck! You can watch the full session here 👉 https://bit.ly/4gKXDNf #webinarfinance #abacum #financialplanningsolution

  • View organization page for Abacum, graphic

    8,644 followers

    Moneybox is one of the UK’s fastest-growing tech companies, with over 1 million customers (and counting)! But with great growth comes great responsibility (and some serious headaches for their finance team 😅). They were stuck fighting unscalable spreadsheets that couldn’t keep up with their planning requirements. And that’s when Abacum entered the scene. Curious why Alex Jacobs chose Abacum to revamp their headcount planning? Check out the full story: https://bit.ly/4dmk7Bd #customerstory #abacum #financialplanningsolution

  • View organization page for Abacum, graphic

    8,644 followers

    Jorge Lluch, COO and co-founder at Abacum, is teaming up with PayEm and Encoursa for a live webinar on how to enhance FP&A planning and implement stronger budget enforcement strategies. 🗓 Date: October 10th ⏰ Time: 11 AM ET | 5 PM CEST Join them and learn, from top industry leaders, how to make your budgeting process smoother than a fresh cup of coffee! ☕ The link to register is in the comments. #webinarfinance #payem #encoursa #abacum

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Funding

Abacum 2 total rounds

Last Round

Series A

US$ 25.0M

See more info on crunchbase