Unlock the power of connected planning with Financial Planning and Analysis software

Revolutionize your financial planning with Abacum. Say goodbye to tedious tasks and hello to actionable insights that drive your business forward. Our advanced integration and collaboration capabilities empower you and your team to take a proactive approach to budgeting, forecasting, and business execution.

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Automated Strategic Finance for Business Performance

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Automate your BvA reporting, approve and control budget changes, build scenarios, and share reports with 1-click

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Finance departments that make better strategic decisions with Abacum

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Easily manage and sync your data with one click

Are you struggling to keep all of your business data clean and finding it burdensome to manually copy and paste during your consolidation process? Abacum's seamless integrations centralize all your business's data sources in a single location, setting your entire company up for success. With Abacum, you can easily define global variables to optimize key driver connections and boost corporate performance. By having a central place where the definitions are clearly defined, you will ensure that all functional leaders have access to the same information.

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”With Abacum, I have all the tools I need to answer the questions that would go unexplored before. I can understand the trends, write my analysis, build my graphs, and inform our leadership team with recomendations”

Pieter Hugo

Revenue Manager

Aim for both, precision and accuracy in financial modeling

When it comes to effectively analyzing a business's financial future, spreadsheets are no longer the preferred choice. While they are still a valid option, they are not dynamic enough for today's fast-paced environment. Fortunately, financial planning and analysis software like Abacum enable precise and accurate projections by allowing dimensional level modeling. By consolidating and cleaning all your business data in a centralized location, Abacum can help you streamline the forecasting process, obtain detailed results in no time and plan ahead based on reliable numbers.

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”With Abacum, we integrated our ERP, CRM and data-warehouse. Giving us a real-time overview into our performance, without the manual tasks of aggregating all that data”

Xavier Castellana

CFO

Harmonize financial collaboration: Get everyone on the same page

Abacum is a comprehensive and powerful business planning software that caters to all your financial planning and analysis needs. With its intuitive user interface and features for collaboration and visualization, Abacum enables all your budget owners to easily understand and interpret complex financial data. It offers a finance workspace that is easy to use for everyone, promoting transparency and collaboration, and empowering senior management to have meaningful and informed conversations.

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”With Abacum, I have all the tools I need to answer the questions that would go unexplored before. I can understand the trends, write my analysis, build my graphs, and inform our leadership team with recomendations”

Pieter Hugo

Revenue Manager

Financial reports now skip spreadsheets

FP&A software has transformed financial analysis by providing a centralized platform for more accurate and efficient financial consolidation. Abacum's automation and data validation features can help you save time to focus on what really matters and improve accuracy. With Abacum, you can deliver actionable insights in a visually engaging format that all stakeholders can understand. Don't get left behind in the spreadsheet dark ages!

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”With Abacum, we stopped budgeting by emailing spreadsheets. Our 30+ Budget Owners became collaborators, understood their performance, and gave us the visibility to plan with clarity”

Maria Lapucci

Senior FP&A Analyst

Forecast and manage your sales

Forecasting your company’s future performance doesn't have to be a tedious task. With the help of financial modeling software, you can make precise financial predictions based on historical performance and current trends. Your team will be able to forecast and manage sales more accurately than ever before by adopting cutting-edge technologies. Advanced software will provide you with valuable information and a greater understanding of how changes in the market will impact your company in real-time. Abacum will serve as your greatest ally, enabling you to measure success against KPIs and making sure your business is always on top of its game.

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”With Abacum, I have all the tools I need to answer the questions that would go unexplored before. I can understand the trends, write my analysis, build my graphs, and inform our leadership team with recomendations”

Pieter Hugo

Revenue Manager

As many integrations as your business needs

Abacum breaks down data barriers and empowers businesses to analyze and consolidate information from any source system with ease.

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Xero

Xero

Tableau

Tableau

Salesforce

Salesforce

Quickbooks

Quickbooks

Netsuite

Netsuite

Looker

Looker

Sage Intacct

Sage Intacct

BambooHR

BambooHR

and more...

Faster implementation

Consolidate all your business data in one source of truth

Accurate level of data detail

Dimensional level of granularity to make informed decisions

User-friendly interface

Your stakeholders will have a clear and comprehensive view of the numbers

Ready to take your business to the next level?

Tired of working through spreadsheets to keep your finance team up to speed? Abacum is here to save your day! Our FP&A software increases efficiency in real-time, turning your finance leaders into the ultimate optimization heroes. It provides a single source of truth for all the details you need to make accurate and precise financial decisions. Plus, its easy-to-use interface and syntax make cross-departmental collaboration easy, even for non-financial stakeholders. Get everyone on the same page and working towards the same goals with Abacum, and unleash the potential of your team.

What makes Abacum unique?

Our vision is to make every Finance team a hero in their organization.

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Automation

Reporting, performance analysis, and rolling forecast in 1-click

Insights

Complete visibility in financial planning and forecasting

Collaboration

No barriers in communication around Finance information

Flexibility

Total flexibility in how data is inputted or displayed

Security

Customized control for specific users with access to the necessary data

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Stay ahead of the future with Abacum

Join our finance heroes community and share your story.

Pablo L.

CFO

“Abacum is very helpful if you are looking for a collaborative financial planning and analysis tool that helps you with your budget preparation, variance analysis and reporting processes.”
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Mid-Market (51-1000)

Juan Carlos R.

VP of Finance

“The tool does not replace a FP&A person but it complements really well with their responsibilities. It has helped us automate a lot of the financial reports and reduce the preparation time.”
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Mid-Market (51-1000)

Francesc M.

CFO

“Abacum has allowed us to reduce the time it took to report to our management team and do easy modeling and forecasting, using all the information that is automatically updated into the platform.”
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Mid-Market (51-1000)

Still have questions? We’ve got answers.

How can you bring your DCF model into Abacum from Excel?

A Discounted Cash Flow (DCF) model is a valuation method used to estimate the value of an investment by projecting its future cash flows and then discounting them back to their present value. This is a powerful method that takes into account both the timing and size of future cash flows, making it an effective way to analyze investments.

If you have been using Excel to create your DCF model and want to move it to a financial modeling software like Abacum, you are in luck. Abacum is a cloud-based business planning platform that allows you to quickly and easily import your existing Excel-based DCF model, while adjusting and improving it natively. Simply upload your Excel file as a CSV, and Abacum will automatically convert it into an interactive web-based model. With just a few clicks, Abacum will generate visuals, such as graphs and charts, to help you better analyze your business’s insights and move from data to execution faster.

What are the benefits of using financial modeling software?

Financial modeling software offers precise and current information about a company's financial position in real-time, enabling firms and investors to make well-informed decisions in a fraction of the time.

You may integrate financial modeling solutions to eliminate time-consuming processes, generate reports that can be used for financial planning, automate operations that would otherwise be done manually, and analyze data from a variety of data sets. Financial modeling tools may also be used to build financial statements, including income statements, balance sheets, and cash flow statements, as well as to help you identify opportunities and risks that might not be obvious to the human eye.

Which software is used for financial modeling?

Microsoft Excel is the most widely used financial modeling software. Excel-based models allow users to create models with formulas, charts, and graphs. However, for more advanced and detailed predictions, larger businesses are increasingly adopting specialized financial modeling software, such as FP&A or business planning software.

Financial modeling software allows you to build more complex models and provides an in-depth view in real-time of a company's financial situation. This allows SaaS businesses and investors to make decisions about investments, budgeting, and financial forecasting more accurately and faster.

What does a financial model show?

A financial model is a tool used to project the future performance of a company or investment. It typically includes detailed assumptions about revenue, expenses, capital investments, and other factors that affect the company’s financial performance.

A model can be used to perform scenario analysis and make decisions about how to best allocate resources. Financial models are often used by investors and analysts to assess the potential return on investment of a project or initiative.

Can you use Excel for financial modeling?

Yes, Excel is the most popular tool used by financial analysts and other corporate finance professionals in the industry for financial modeling. It is a versatile spreadsheet program that has a wide range of features that allow users to store and analyze large amounts of data, build business models, create charts and graphs, and perform complex calculations. However, while Excel is certainly a useful tool, integrating it with powerful financial modelling software can take your business planning to the next level.

By using such software, you can unlock even more advanced features and capabilities that Excel alone cannot provide. For instance, you can use historical performance and market data to improve the accuracy of your financial forecasts or use advanced analytics tools to uncover hidden insights in the data from various functions of your business. Additionally, financial modeling software can help you automate tedious tasks, such as data entry or report generation, freeing up time for more strategic activities.

In short, while Excel is a great starting point for financial modelling, it is important to consider integrating it with more advanced software to stay ahead of the curve. Doing so can help you unlock new insights, save time, and make more informed decisions.

What is financial modeling?

Financial modeling is the process of creating a mathematical representation of a financial situation or system. It is used to analyze and forecast potential outcomes, such as future profits, cash flows, and other financial metrics.

Financial models are typically created using software programs such as Microsoft Excel or specialized financial modeling software. They can be used to evaluate the performance of a company, assess the risks associated with an investment decision, or project future cash flows.

Still have questions? We’ve got answers.

What is financial planning and analysis?

Financial planning and analysis is a business practice used by organizations to analyze the financial performance of their operations and develop accurate plans to ensure future profitability. It serves as a critical tool for strategic planning and decision-making.

Typically, FP&A includes activities such as financial budgeting, accurate forecasting, trend analysis, sensitivity analysis, cost control, benchmarking, and business modeling. These activities inform business decisions regarding investments, strategic partnerships, and other financial initiatives.

What is the difference between FP&A and Finance?

Financial Planning and Analysis is the process of developing financial plans, budgets, and forecasts to guide the direction of an organization. It involves gathering and analyzing data on past performance and trends as well as forecasting future business performance. FP&A's main role is to provide the necessary information and insights to allow senior management, investors, and other stakeholders to make sound financial decisions.

Finance, on the other hand, is a broad term used to describe activities related to managing money. It includes activities such as budgeting, forecasting, financial reporting and analysis, taxation, debt management, investments, and acquisitions. It is responsible for ensuring that the organization has sufficient funds to meet its obligations and reach its financial goals.

How can you do financial planning and analysis?

Financial planning and analysis is the process of preparing accurate, timely financial projections and analyzing business performance to make sound financial decisions. FP&A includes forecasting, budgeting, analyzing current-period results, and assessing the impact of business drivers on future performance. It also involves developing key performance indicators (KPIs) to measure progress against business goals.

The first step in FP&A is to develop an understanding of the current financial situation. This involves analyzing past performance, developing financial projections, and assessing trends. Once the current situation has been understood, strategic plans can be developed to achieve the desired results. These plans typically include budgeting, forecasting, and business modeling, and these should be used in combination with KPIs to help track progress toward financial goals. Finally, financial performance should be regularly monitored and analyzed to identify potential problems and opportunities.

How can ERP systems be utilized for effective financial planning?

Effective financial planning and analysis can be achieved with the help of ERP systems - such as Netsuite Oracle, Quickbooks, Sage Intacct, or Xero -, which offer significant value to organizations. Through the integration of financial data from various departments and functions, these systems create a centralized database that enables the identification of trends and informed decision-making.

In addition to this, automation of financial processes can reduce errors and save time, allowing finance professionals to concentrate on more strategic activities like financial analysis and planning. When integrated with FP&A tools such as Abacum, ERP systems enable organizations to plan and manage their finances more effectively. Customizable financial reports generated by these systems help analyze performance, identify improvement areas, and track progress towards financial goals.

Why is extended planning and analysis a necessity for SMBs organizations?

Small and medium-sized businesses (SMBs) rely on making decisions based on data to remain competitive and sustain growth. This implies that they must not only concentrate on short-term results, but also consider long-term planning and analysis of their business. The process of extended planning and analysis helps SMBs assess their current situation, anticipate future events, identify opportunities and threats, set objectives, and establish strategies.

To guarantee success, SMBs should evaluate the efficiency of their existing financial planning and analysis (FP&A) processes. This may involve reviewing and auditing the current financial plans, budgets, and forecasts to pinpoint areas where improvements can be made. Additionally, SMBs should review their key performance indicators (KPIs) to ensure that they are measuring the appropriate information that can provide meaningful insights into their performance. SMBs should also consider investing in financial planning and analysis software to gain more profound insights into their operations and create more precise forecasts.

How does financial planning software automate processes?

Financial planning software automates processes by streamlining data entry, tracking financial information, and providing insights into an organization's current financial status. It automates the process of entering income, expenses, and other related data into a business system for review and analysis. This allows users to quickly compile financial records and generate financial reports in real-time, as well as track changes in data over time.

Financial planning and analysis software also automates the process of budgeting, allowing users to easily set up plans and track progress toward goals. It can also be used to quickly generate forecasts and projections based on current data. This helps organizations identify opportunities and create strategies for future success.

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