Abacum
4.6
53
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.
Strengths
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Automation
Automates financial forecasting and reporting
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Accuracy
Uses machine learning to improve accuracy of forecasts
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Integration
Integrates with popular accounting software
Weaknesses
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Pricing
Pricing may be too high for small businesses
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Limited Features
May not have all the features needed for complex financial analysis
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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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https://www.abacum.io/
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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
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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
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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
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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