Abacum Reviews (151)

Reviews

Abacum Reviews (151)

4.7
151 reviews

What do users say?

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Users consistently praise Abacum for its ease of use and strong customer support, which facilitate efficient financial planning and reporting. The platform's ability to integrate seamlessly with existing systems and automate data updates significantly reduces manual work, allowing teams to focus on analysis rather than data entry. However, some users note a common learning curve for new features, which may require additional training.

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Amy F.
AF
Amy F.
Interim Executive Director
Mid-Market (51-1000 emp.)
"Powerful consolidation tool that handles our complex multi-entity setup with ease"
5/5
What do you like best about Abacum?

We implemented Abacum for financial and business intelligence reporting, consolidating multiple data sources into a single dashboard. Our use case was particularly complex. Abacum handled this complexity with ease.

The ROI was nearly immediate. We significantly reduced our close time, and within minutes of closing the books, we publish customized reports for stakeholders at every level of the organization — without them needing to come back to finance for additional cuts of the data.

The platform surfaced data inconsistencies we hadn't caught before, which our Abacum implementation team helped us resolve, ensuring more accurate reporting going forward.

There was a learning curve, but the implementation team was excellent. Over roughly eight weeks, they helped us get fully comfortable building models and spaces on our own. By the time implementation wrapped, we were completely self-sufficient. That level of support made a real difference. Review collected by and hosted on G2.com.

What do you dislike about Abacum?

There was a learning curve, but the implementation team was excellent. Over roughly eight weeks, they helped us get fully comfortable building models and spaces on our own. By the time implementation wrapped, we were completely self-sufficient. That level of support made a real difference. Review collected by and hosted on G2.com.

Josh A.
JA
Josh A.
Mid-Market (51-1000 emp.)
"Efficient Financial Planning with Excellent Support"
4.5/5
What do you like best about Abacum?

My favourite aspect about Abacum is that it’s really easy to get up and running so quickly on it. During the onboarding cycle, we received really great training and support from the team. They specifically looked at various use cases for our business and helped problem solve efficient ways to really get us to where we needed to be. Abacum Academy training is also very helpful for creating power users in our organization and enabling us to use Abacum to its full capabilities. It’s really helpful for new individuals on our team to have structured training on Abacum, so that when they come in, they understand the syntax and how the formulas need to be built to create most efficient models. It is also really helpful for creating various scenarios to achieve scenarios for different users, which are all controlled by user permissions. The Abacum Admin MCP is very helpful for analysis in Claude and helps us document changes and results to various stakeholders. Review collected by and hosted on G2.com.

What do you dislike about Abacum?

Some of our struggles involved time out limits for integrations, making it a bit difficult for us to keep importing various datasets. But we have worked with the Abacum team to find resolutions around this, and they have been really supportive to our feedback to keep making improvements to the platform. There are also some various workarounds currently for formulas that need to change in different months, but there have been significant improvements released by the team reacting to our feedback. Over time, our team has also learned Abacum best practice. Review collected by and hosted on G2.com.

Ankush B.
AB
Ankush B.
Fractional CFO
Small-Business (50 or fewer emp.)
"Consolidates Complex Tasks, But Needs Time Investment"
4.5/5
What do you like best about Abacum?

I really like that Abacum gives us one consolidated financial forecast that everyone can link to, making it easy for specific people in the finance team to make edits. Plus, some people in executive and management departments can access it to look at specific things relevant to them. It creates one unified view for the whole company and eliminates the hassle of working across different spreadsheets. Review collected by and hosted on G2.com.

What do you dislike about Abacum?

I think what could be improved is, like, people going to take get into Abacum is not for everyone. It's not if your business is relatively simple. Then I think Excel is more than enough to manage it. Also, the thing with Abacum is implementation takes time. There is a certain cost of time that you need to put in, and I think it can take up to four to five months, to actually get it up and running. So there's a significant investment of time without getting the output right up. So you do have to invest that. Review collected by and hosted on G2.com.

Verified User in Financial Services
AF
Verified User in Financial Services
Mid-Market (51-1000 emp.)
"Powerful FP&A tool, and surprisingly easy to use"
4.5/5
What do you like best about Abacum?

Abacum is how easy it is to use. The interface is clean and intuitive, our finance team picked it up quickly, and non-finance stakeholders can explore reports without needing hand-holding.

Setting up integrations is straightforward, and once everything was connected, keeping data refreshed becomes effortless.

Building models, comparing budget versus forecast, and creating board-ready dashboards all feel natural rather than technical. The learning curve is surprisingly gentle. The support team is also on hand directly through slack, and very responsive.

It also feels like a collaborative product experience, a few of our improvement suggestions have been implemented; our feedback is taken into account, which you don't often find. Review collected by and hosted on G2.com.

What do you dislike about Abacum?

Implementation can take longer than initially anticipated and getting your data structured, mappings configured, and models built to a standard you're happy with requires real investment of time. That said, this is largely a reflection of the complexity of your own data and business logic rather than a shortcoming of Abacum itself. The implementation team is supportive throughout, but it's worth going in with realistic expectations on timeline. Review collected by and hosted on G2.com.

Verified User
G
Verified User
Mid-Market (51-1000 emp.)
"Role-Based Access & Data Sharing Simplified"
4/5
What do you like best about Abacum?

I like using Abacum for financial planning and analysis, especially how it helps in sharing financial data with heads of department. The spaces and role-based access control are great because they allow us to share financial data with specific people, ensuring that the information is relevant to them and their department. During the initial setup, we had support from two members of Abacum who were mostly readily available, which was really helpful despite the steep learning curve. Review collected by and hosted on G2.com.

What do you dislike about Abacum?

The data sync with Xero is temperamental and often takes multiple attempts to get a successful sync. Building models can become quite complex, and the learning curve is quite steep in this area. Using dimensions within models, spaces, or scenarios can become very complex. Review collected by and hosted on G2.com.

Sergiu N.
SN
Sergiu N.
Senior Account Manager
Mid-Market (51-1000 emp.)
"Fast, Collaborative Financial Planning with Clear Dashboards and Strong Integrations"
5/5
What do you like best about Abacum?

What I like best about Abacum is how it turns financial planning into something fast, collaborative, and easy to understand, even for non-finance teams.

Real-time forecasting & budgeting – you can instantly see the impact of changes, which makes decision-making much quicker.

Strong integrations – it connects smoothly with accounting systems, CRMs, and HR tools, reducing manual work and errors.

Collaboration-friendly – stakeholders outside finance can participate without needing deep financial knowledge.

Clear, intuitive dashboards – complex financial data is presented in a way that’s easy to interpret. Review collected by and hosted on G2.com.

What do you dislike about Abacum?

Learning curve for new users – while the interface is clean, some advanced features (like modeling complex scenarios) can take time to master. Review collected by and hosted on G2.com.

Verified User in Computer Software
AC
Verified User in Computer Software
Mid-Market (51-1000 emp.)
"Easy to Recreate and Implement Business Logic"
4.5/5
What do you like best about Abacum?

It’s quite easy to recreate business logic and implement it. Review collected by and hosted on G2.com.

What do you dislike about Abacum?

Some parts of the application can feel a bit tedious, for example when I need to apply the same changes across several variables. Review collected by and hosted on G2.com.

Vinicius Magno Costa F.
VF
Vinicius Magno Costa F.
Head of Strat Finance
Mid-Market (51-1000 emp.)
"Fast Figure Close, Great Visualizations, and Smooth MCP Connection on Claude"
5/5
What do you like best about Abacum?

Speed to close figures, visualization and MCP connection on Claude Review collected by and hosted on G2.com.

What do you dislike about Abacum?

Internal AI needs to improve. Minor UX adjustments Review collected by and hosted on G2.com.

TR
Tom R.
Senior Director, Financial Planning & Analysis
Mid-Market (51-1000 emp.)
"Cutting Edge Strategic Finance Platform for Lean Finance Teams"
4.5/5
What do you like best about Abacum?

Abacum has tremendous flexibility in terms of its data and analysis capabilities. The ability to create custom metrics and data transformations directly in the data set has allowed us to automate our leadership team's complex pipeline requirements. We previously tried to build our custom pipeline reporting metrics directly in Salesforce (Tableau) and Mosaic but were unable to do so. Abacum releases product enhancements faster than any software platform I have ever seen - it is not uncommon for them to release one or two product updates every week - and offers more integrations to modern technology tools than its competitors. We have completed overhauled our Finance tech stack over the past year, including migrating our ERP, and chose Abacum partly based on its integration with Rillet. Finally, Abacum's Excel connector is one-of-kind among strategic finance platforms and allows teams to maintain hybrid workflows in both Excel and Abacum. Review collected by and hosted on G2.com.

What do you dislike about Abacum?

We have experienced a few bugs in the tables and reporting (e.g., percentage variances for individual line items adding up rather than calculating at the total level). These bugs are usually either quickly resolved or the technical support team has provided a work around. We intended to use the Paylocity integration but have been unable to due the fact that Abacum's integration partner doesn't pull in some of the key fields that we use (we also had a similar issue with Mosaic). The Abacum team partially made up for this by allowing us to substitute our Paylocity integration for the Excel connector. Review collected by and hosted on G2.com.

"Empowers Financial Modeling with Stellar Support"
4.5/5
What do you like best about Abacum?

I really value Abacum's customer support and account management, as they are highly responsive and provide a direct line to influence the product roadmap, with the added benefit of having a US office for responsive support later in the evening in the UK. The modeling capabilities are impressive, offering ease in setting up and tracing model variables, which is essential for accurate and efficient financial planning. I appreciate the seamless integration process, which was quick and executed with support from outstanding analysts. The pace at which new products are shipped is commendable, demonstrating Abacum's commitment to innovation and continuous improvement. The AI classifier tool has been a game-changer for our budgeting processes, enabling us to categorize transactional data from NetSuite effectively for budget planning at a supplier level. Overall, these features collectively enhance the functionality and value of Abacum, making it a vital tool in our financial operations. Review collected by and hosted on G2.com.

What do you dislike about Abacum?

I find that the AI classifier in Abacum requires close management and involves a significant amount of effort. Additionally, the visualization options are not up to par as they lack the level of detail available in Excel's chart-building functionalities. While the user interface is generally good, the limitations in chart options fall behind current standards. Review collected by and hosted on G2.com.