Very intuitive and easy-to-use platform. Within a short period, you are able to set up the integrations, bring in all your data sources, set up the formulas, and build your report templates for the various audiences.
It's not an overwhelming platform, which makes it very easy to adopt and get value from it.
It brings the next level of experience for non-financials (such as budget holders) without any support or training.
The implementation was very smooth and managed by an experienced team. Their support team is very responsive and supportive.
Overall, Abacum saves us 2 days a month on data gathering, analysis, and reporting. Review collected by and hosted on G2.com.
There is nothing that I dislike about Abacum. Several minor things can be improved, such as more integrations, reporting features (ranking), lock templates, adjusting data ranges on Space level, user and rights mgt for admin users, and more capabilities for end users.
What I link the most about Abacum is that they listen carefully to their customers and the users, and that they constantly releasing new features. Review collected by and hosted on G2.com.
107 out of 108 Total Reviews for Abacum
Overall Review Sentiment for Abacum
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Abacum is a transformative tool for us as we scale out our organization. It was easy to use and started providing value within days of kicking off implementation. It is intuitive but also powerful, which can be a difficult line to walk. It is allowing us to democratize our financial data and empower internal planning. The Abacum team is responsive and customer-oriented, but my favorite thing about the tool is that they're often not required — it's user-friendly for even those of us not overtly trained in data management but rather focused on the business KPIs. Review collected by and hosted on G2.com.
We did extensive diligence for an FP&A tool because as a small org, this was a big decision for us. We're pleased to report there's not a single reason we regret that decision! We made the right one. Review collected by and hosted on G2.com.
Customer Support is great, they are very quick to reply and help you to resolve any issues or doubts. The attention from Customer Success Manager is great, with structured monthly meetings and personalised approach.
Abacum is very open to any feedback and develop the product very fast making it much more easier to use.
The tool is quite flexible, so if a certain funcitonality is not yet developed there is always a way around it to serve our needs.
Abacum saved us a lot of time in monthly reporting and planning, and provides with a great platform to colloborate with other non financial users. Review collected by and hosted on G2.com.
There are not many pre-built templates we can use for modelling or reporting, this would help us to save time and also learn best practices from similar companies. However, we can always ask our Customer Success Manager or support for help if in doubt. Review collected by and hosted on G2.com.
The flexibility of creating models, structures, and reports is impressive. The way new items easily flow into the dimension structures and aggregations is remarkable. A static - or even a dynamic - Excel structure can hardly ensure this.
The implementation team was super supportive of all matters and came up with creative workarounds when needed. As of today, we have completely cut off our highly complex Excel-based planning and forecasting model and switched to Abacum, with the key stakeholders also on board.
Also love the constant developments and new features. "What's new" is my favourite item on the menu bar. Review collected by and hosted on G2.com.
Although the implementation team provides high-quality support, you also need to have at least a basic understanding of the system's logic and limitations to transform your old modeling structure to Abacum. Otherwise, you may have to rebuild certain parts again.
Several dynamic items are still missing: dynamic filters like Excel slicers, formatting limitations on spaces, and handy solutions to switch between planning scenarios. I hope these will be covered soon. Review collected by and hosted on G2.com.
Abacum is an extremely powerful, easy-to-use, FP&A platform that can cover all of your budgeting and reporting needs. It has been very easy to implement and their support team has been top notch to work with. We have been able to integrate with all of our major platforms, pull in all necessary data, prepare dashboards (which they call "spaces") for leadership and department heads, and establish a much better budgeting process. Review collected by and hosted on G2.com.
We did an extensive search before choosing Abacum and are very pleased with our choice. Some of their competitors warned us about a portion of their team being based in Europe (we're a US-based org) but that has not been an issue at all. Our implementation team must work crazy hours because they've been very available to us despite the time difference. Also, we were warned about the need to write formulas in their modeling process but just as we were assured by our sales team, their formula syntax is very intuitive, easy to learn, and has not been a burden at all. All that to say - we have no concerns about Abacum at all. Review collected by and hosted on G2.com.
Abacum is a modern planning and reporting software with a flexible approach to integration, modeling and usability. The platform is clean and easy to use by users.
As integration goes, I've never had such a great experience with vendors. They are very customer oriented, results-driven and focused on product development. Review collected by and hosted on G2.com.
As they are a new software company, some features still don't exist. They try to accommodate the best, develop as fast as possible and work on workarounds, but sometimes it's just not possible if it's an immediate/urgent need. Review collected by and hosted on G2.com.
Very powerful reporting and analytical tool. It significantly reduces the time FP&A spends fixing reports, correcting errors and creating different views. It also allows for better exploring of our own data, something that is harder to do when simply using a spreadsheet. Connects well to key data sources which for a company like ours is Sage Intacct, Salesforce, BambooHR as well as Google Sheets etc. FP&A is now able to spend more time analysing and exploring and less time compiling reports. Review collected by and hosted on G2.com.
DataViz options for building tailored visualisations (similar to Tableau) can be somewhat limited, making some visualisations a bit repetetive. Review collected by and hosted on G2.com.
Customer support is unmatched. I also love the ad hoc abilities of Abacum to cut the data how I want. Once you figure out the ins and outs of the tool, building and manipulating begins to be intuitive. Review collected by and hosted on G2.com.
There are still some bugs and capability shortfalls that the team is working on. Most of them are already in queue to be fixed or implemented from what I understand. Review collected by and hosted on G2.com.
The easy visualisation of data in a beautiful spaces (Notion-like)
Ability to show fast the data that is needed via charts Review collected by and hosted on G2.com.
Analyses of datasets can be sometimes complicaed. I.e. you can't create a dimension from the data that is used in another dataset.
The duplication of charts is limited. You need to come up with new name every time you copy a chart. Review collected by and hosted on G2.com.
The features for reporting that allow to us customize our financial story-telling for different stakeholders (VC's,s vs. Banks vs. Management) without having to build new models Review collected by and hosted on G2.com.
Really large models sometimes become difficult to navigate Review collected by and hosted on G2.com.
