Product Review: Abacum
It's an exciting time to be in the planning space with plenty of technology innovation from new entrants and incumbents alike. One new player that we are particularly excited about is Abacum, a new offering that is already making a positive impact with our clients. Here are a few reasons why Abacum stands out:
- Collaborative UI: most planning solutions try to replicate Excel or PowerPoint, but Abacum’s look is inspired by Notion. By enabling finance to tell a story with long-form qualitative information, visuals, and numbers, this format may become the gold standard for business partnering vs. spreadsheets and traditional dashboards.
- Cost-Effective: Abacum’s price point is more accessible to clients who may be priced out of other options, while still providing the benefits of automation and scalability. Similar to several other new solutions, Abacum utilizes a hybrid data model that provides multidimensional benefits without expensive storage constraints.
- Expand + Collapse: Abacum has elegant drill-down capabilities that allow you to expand a revenue account to customer detail or an expense account into vendor detail in the same view, a game-changer for reporting and analysis.
If you are exploring new planning solutions and want to learn more about how Openvale Group helps our clients leverage technology to multiply their impact, don’t hesitate to reach out to our team.
