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Abacus

Abacus makes travel and expense reporting easier for companies of any scale. Featuring intuitive interfaces and smooth integration, it enhances the tracking of...

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Abacus makes travel and expense reporting easier for companies of any scale. Featuring intuitive interfaces and smooth integration, it enhances the tracking of...

Watch Demo Get Pricing
Overview Features Pros & Cons Reviews FAQs

Product Overview

Abacus makes travel and expense reporting easier for companies of any scale. Featuring intuitive interfaces and smooth integration, it enhances the tracking of expenses and the approval workflow. While the mobile app has seen gradual updates, Abacus provides significant insights, proving to be an essential tool for effective expense management.

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Product Details

What is Abacus?

Overview

Abacus is an innovative cloud-based solution designed for Travel & Expense reporting, specifically tailored for individuals and small to medium-sized enterprises. This software enables users to keep tabs on their expenses, arrange travel plans, and reimburse employees efficiently. By simplifying the expense reporting process, Abacus ensures a high level of transparency and accuracy. Employees can submit their expenses in real-time through a mobile application. Custom automation enforces policy compliance on all expenses, which are then directed to the appropriate approvers.

Key features encompass a corporate card dashboard, synchronization with accrual accounting, dynamic analytics and reporting, a travel booking platform, and direct deposit reimbursements facilitated by an integrated ACH processor. The Insights dashboard showcases spending trends and empowers finance teams to monitor essential metrics such as ROI and Customer Acquisition Cost.

The live reporting functionality allows finance teams to analyze expenses in real-time across various dimensions including project, department, employee, client, location, and more. Abacus seamlessly integrates with accounting platforms like NetSuite and Intacct, as well as productivity tools such as Slack, Salesforce, and HR systems.

Pricing

The starter package is available for $9 per user each month, while pricing for professional packages can be obtained directly from the vendor upon request.

Unique Selling Proposition

Abacus offers unlimited features for an engaging T&E management experience. Users benefit from straightforward reporting and swift reimbursement processes, ensuring complete transparency.

Support

Assistance is available through email communication.

Product Advantages

  • Exceptional value for the cost.

  • User-friendly interface.

  • Support staff that is responsive and helpful.

Product Limitations

  • A minor learning curve may be encountered.

  • Lacks tutorials or instructional videos for staff training regarding system functionality.

Accounting Software Features

✘ dashboard
✘ reporting
✘ accounting
✘ dashboards
✘ mobile app
✘ public api
✘ purchasing
✘ audit trails
✘ audit trials
✘ cybersecurity
✘ mobile access
✘ time tracking
✘ bid management
✘ credit control
✘ cta compliance
✘ expense report
✘ fee management
✘ general ledger
✘ kpi monitoring
✘ pci compliance
✘ tax management
✘ cash management
✘ crm integration
✘ debt collection
✘ email marketing
✘ fund accounting
✘ nav calculation
✘ quality control
✘ soc 2 compliant
✘ task management
✘ accounts payable
✘ asset management
✘ audit management
✘ donor management
✘ event management
✘ expense tracking
✘ fraud management
✘ grant management
✘ maintenance logs
✘ project tracking
✘ budget management
✘ fundraising tools
✘ project templates
✘ recurring billing
✘ safety management
✘ vendor management
✘ alertsnotification
✘ budgeting software
✘ built in reporting
✘ data visualization
✘ equipment tracking
✘ financial tracking
✘ invoice management
✘ payment processing
✘ payroll processing
✘ project management
✘ project scheduling
✘ zapier integration
✘ accounts receivable
✘ ai powered insights
✘ alertsnotifications
✘ bank reconciliation
✘ cloud collaboration
✘ collaboration tools
✘ compliance software
✘ contract management
✘ customizable report
✘ document management
✘ employee management
✘ financial reporting
✘ incident management
✘ integrated payments
✘ payroll integration
✘ production planning
✘ reporting analytics
✘ resource allocation
✘ scheduled reporting
✘ unitholder tracking
✘ workflow management
✘ bookkeeping software
✘ cash flow management
✘ customizable reports
✘ financial reportingg
✘ financial statements
✘ inventory management
✘ loan servicing suite
✘ payroll tax software
✘ real time monitoring
✘ rolebased permission
✘ volunteer management
✘ bill of materials bom
✘ billing and invoicing
✘ contractor management
✘ custom add on modules
✘ membership management
✘ multicurrency support
✘ regulatory compliance
✘ statistical modelling
✘ work order management
✘ account reconciliation
✘ facilities maintenance
✘ fixed asset management
✘ multi currency support
✘ partnership accounting
✘ auditing and compliance
✘ automated loan workflow
✘ change order management
✘ customizable dashboards
✘ paperless documentation
✘ reporting and analytics
✘ supply chain management
✘ debt collection software
✘ financial analysis tools
✘ small business invoicing
✘ subcontractor management
✘ accounts payable software
✘ budgeting and forecasting
✘ regular payment scheduling
✘ data analysis and reporting
✘ accounts receivable software
✘ business management software
✘ financial reporting software
✘ automated email communication
✘ financial management software
✘ data collection and management
✘ efficient portfolio management
✘ financial portfolio management
✘ policy and document management
✘ regulatory compliance tracking
✘ revenue recognition compliance
✘ risk assessment and mitigation
✘ automated notifications updates
✘ contact relationship management
✘ project planning and scheduling
✘ integration with banking systems
✘ advanced analytics and forecasting
✘ multi currency accounting software
✘ machine learning and ai integration
✘ provides government boi transcripts
✘ version control and change tracking
✘ audit trails auditing and compliance

Pros

  • ✔ Offers real-time tracking and reporting of expenses
  • ✔ User interface is comprehensive and easy-to-use
  • ✔ Automates the enforcement of expense policies, minimizing errors in expense reporting
  • ✔ Mobile and web apps integrate in a seamless manner

Cons

  • ✘ Implementation time may take longer than expected
  • ✘ Recurring expense templates lack customization, according to some software users

Price

Professional

Custom

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Ratings

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Frequently Asked Questions

Find answers to the most common queries about our software recommendation service.

Yes, Abacus offers an API.

Abacus primarily supports the English language.

Abacus integrates with a variety of other apps, including popular accounting software like QuickBooks, Xero Accounting Solution, and ERP platforms like NetSuite.

Abacus offers pricing plans that are customized based on the specific needs of a business. Get in touch with us to get a personalized Abacus pricing quote.

The typical users of Abacus include small to large-sized businesses across various industries that need to manage and streamline their expense reporting and reimbursement processes.

Abacus provides a high level of customer support, including 24/7 chat option, email support, phone support, and access to a knowledge base.