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.