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Abacum

Fintech · New York City, United States · Founded 2020

Abacum is a financial planning and analysis (FP&A) platform designed to streamline and automate the financial processes of mid-sized and large enterprises. The platform integrates directly with various business-critical systems, allowing finance teams to automate reporting, analyze data, and forecast with precision. Abacum serves clients across multiple industries who require efficient and scalable financial planning solutions. The business operates in the financial technology (fintech) market, offering a subscription-based model where clients pay for access to the platform and its features. Revenue is generated through these subscriptions, which vary based on the level of service and number of users. Abacum's core features include automated reporting, scenario planning, and real-time data integration, enabling finance teams to focus on strategic decision-making rather than manual data entry. The platform also offers an intuitive interface for defining metrics, adjusting assumptions, and planning headcount, making it easier for users to manage and understand their financial data. Keywords: FP&A, financial planning, automation, forecasting, real-time data, fintech, scenario planning, subscription model, data integration, strategic decision-making.