Abacus

Name: Abacus
Rating: 4 (10 reviews)

Abacus is a modern cloud-based Travel & Expense reporting software for individuals and SME businesses to track and manage their expenses, book travels and pay back employees. Abacus simplifies and streamlines the process of expense reporting workflows that offer utmost transparency and accuracy. All the expenses as they happen are submitted by the employees via a mobile app. Policy compliance is enforced by custom automation on all expenses which are then routed to designated approvers.

Key functions include corporate card dashboard, accrual accounting sync, dynamic analytics and reporting, travel booking platform, and direct deposit reimbursements using a built-in ACH processor. The Insights dashboard presents spending trends and allows finance teams to track metrics like ROI and Customer Acquisition Cost.

Live reporting feature enables finance teams to review expenses as they happen, by each project, department, employee, client, location and other fields. Abacus syncs with accounting solutions like NetSuite and Intacct, and integrates with productivity tools like Slack, Salesforce, and HR systems.

Pricing: The starter pack comes for $9/user/month while the pricing for professional packages are provided by the vendor upon quote.

USP: Unlimited features for a hands-on T&E management experience. Easy reporting, quick reimbursement. 100% transparency.

Support: Support is provided via email.

Product Advantages: Great value for money. Highly intuitive. Helpful support staff.

Product Limitations: Slight learning curve. No tutorial or educational videos to teach staff about how the system works.

Expense tracking

October 2019

Mal

Stealth Startup

Pros:

The tool provides us an easy payment gateway with a comprehensive user-friendly interface. Submitting receipts and reimbursements are made with very little effort. You can easily add images to receipt pdfs using the drag&drop feature.

Cons:

It's hard to have a timeline of when costs will be approved since that depends on the administrator or manager manually saying yes to them (at least in our case). But, once funds are approved it's pretty quickly deposited into your bank account.

Great expense management system

March 2019

Anonymous

Abacus offers a user-friendly expense tracking software. Quick and easy to categorize expenses appropriately.

We haven't encountered any issues with the system.

Great features

February 2019

William

SubREADY, Inc.

Abacus has proved to be very beneficial for our business. It has saved us a lot of time and effort with its easy expense tracking tools, submitting and approving bills with minimal effort in a streamlined manner to keep the work flowing throughout the day.

I don't think there are any real cons to this software other than maybe a slightly dated user interface design.

great product for streamlining expenses

January 2019

Andrew

Csa

Tracking expenses is very simple and efficient with this solution, Credit cards and mileage are now easier than ever.

I have to pay them after my employees turn inaccurate expenses.

Excellent product

October 2018

Our experience with abacus has been consistently amazing, with their online service and phone app, both. It's simple to submit and approve expenses to keep your team progressing efficiently.

No major cons other than occasional bugs in the phone app but restarting it usually makes them disappear.

Streamlined expense workflows

April 2018

Deepti

IBM INDIA PVT LTD

Love the system's functionality. It's linked to a vast database of clients. The user interface is easy to use, you can easily access summarized data previews whenever needed.

Selection of data fields is not as per the categories. You are required to put in some enhanced details of land survey

Reliable and easy to use

February 2018

Supreeth

Comau Power train

Abacus offers a simple and easy expense tracking system. I love the ability to drag images from the platform, I can easily download photos from the phone app with no extra steps.

I think it needs a tab on the homepage that displays the aggregate expense with any outstanding amount

Highly beneficial tool

Jodus

Imbric-8

Working experience with Abacus has been brief but thoroughly amazing. Great team, quick and helpful support. would highly recommend their expense tracking facility to other small businesses.

Sometimes it's hard to get a hold of support team as they are a small firm with a growing client base. Although, they do you justice when you finally do get access.

Abacus

Abacus reviews

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