Abacum Reviews

“Changed our finance team's efficiency

Pros

This platform has completely changed how our finance team operates. Its smooth connections with all our other systems make it the absolute reliable center for our planning and analysis. It lets our small team handle detailed what-if planning, create reports for leadership, compare actuals to plans in real time and conduct thorough business check-ups. The adaptable and advanced data structure allows us to examine the key parts of our business in fine detail and plan ahead.

Cons

There's a small learning period because the platform is so powerful and adaptable particularly when constructing intricate models. However their support and setup teams are very quick to reply and do a great job helping you get up to speed faster.

“Outstanding help desk

Pros

The help desk and the program's dependability have been outstanding during our entire journey of automating our financial models.

Cons

My only current wish is for more development in the charting tools to fully match some reporting capabilities we already use in Excel or Google Sheets though I'm confident this is on the way.

“Great overall feel with detailed drill-down

Pros

Overall feel of using the platform is one of its strongest points, particularly the ability to click into a number and see all the underlying details.

Cons

Reviewing the forecasting tools, there are still a few features that could be built to lessen the manual work for finance groups.

“Simple for all, powerful for finance

Pros

So many things! It's simple enough for colleagues outside finance to learn, yet powerful enough for any task our finance group requires. Great links to our other systems through its API. Wonderful support. The company is always rolling out new features and enhancements.

Cons

Honestly we've had no problems. If anything because we're a charity, we just had a couple of unique points to resolve since our perspective differs from a standard company. Their setup team was fantastic in helping us sort that out and they've already made a few tweaks based on what we required.

“Major step forward for workflow!

Pros

We began using the platform a year ago. The support team was very hands-on during the setup, helping us build all our models. They are consistently quick to reply and clarify any questions we have, both now and during the initial phase. Bringing this tool into our financial workflow has been a major step forward. In the past, our team wasted many hours on repetitive tasks and pulling data together. This integration has made a massive difference in our daily work, freeing us up to focus on bigger-picture choices.

Cons

So far we haven't run into anything that doesn't meet what we were hoping for.