Abacum
Abacum is a private SaaS company founded in 2020 that provides an AI-native FP&A platform for mid-market and high-growth companies, enabling finance teams to automate budgeting, forecasting, reporting, and scenario modeling across 700+ system integrations in 40+ countries.
- Company typePrivate
- Founded2020
- HeadquartersBarcelona, Spain
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Abacum does
Abacum is a private, venture-backed software company founded in 2020 by Julio Martínez and Jorge Lluch, headquartered in Barcelona, Spain, and incorporated in the United States as Abacum Inc. The company provides an AI-native Financial Planning and Analysis (FP&A) platform that targets mid-market and high-growth companies, FP&A teams, CFOs, and adjacent personas such as RevOps and HR, with a customer footprint spanning more than 40 countries. The platform connects to source systems — ERPs (NetSuite via SuiteCloud Developer Network), CRMs (Salesforce), HRIS, data warehouses (Snowflake, BigQuery, SFTP), BI tools (Tableau, Looker), and billing systems (Stripe, Chargebee) — across 700+ pre-built integrations, and is structured as a modular product comprising Collaborative Financial Planning, Financial Reporting, Data Management, an Excel Connector, and the Abacum Intelligence AI layer covering AI Backsolving, Data Cleaning, Data Classification, Anomaly Detection, Modelling, Scenario Planning, Forecasting, and AI-generated Summaries.
Abacum generates revenue through SaaS subscriptions with implementation and support included; pricing is quote-based and not publicly disclosed, consistent with a sales-led motion. Go-to-market is primarily direct enterprise field sales supplemented by an implementation partner channel that includes RSM US LLP, Valuemont, EPM Solutions, Bolt Consulting, E78, NoBlue2, and Sikich. The company supports a self-service content engine — blog, newsletter (15k+ subscribers per source), Summer Fridays virtual events, ROI calculator, and interactive demo — designed to drive demo requests. Reported customer outcomes include 75% faster close cycles, 5-day-per-month reductions in manual reporting, 260 hours saved per month, and up to 25% cost savings in targeted departments. Customer logos span enterprise (Strava), mid-market (Carwow, ClearLink, Softonic, Antavo, Creative Force, DCI), and growth-stage (Upvest, Cortex, Flipside Crypto, Highway Finance) accounts across automotive, fintech, martech, dev tools, crypto, and creative operations verticals.
The company maintains SOC 2 Type II, ISO 27001, and GDPR compliance and holds G2 Leader, Momentum Leader, Easiest To Do Business With, Easiest Admin, Easiest Setup, Best Meets Requirements, Users Most Likely To Recommend, and High Performer designations for the Fall 2024 reporting period, with a 4.8/5.0 customer rating on G2. No funding rounds, ownership structure beyond the founders, or revenue/ARR figures were disclosed in the available source material.
Abacum firmographics
Firmographics- Name
- Abacum
- Legal name
- Abacum Inc.
- Website
- https://abacum.ai
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Abacum is a private SaaS company founded in 2020 that provides an AI-native FP&A platform for mid-market and high-growth companies, enabling finance teams to automate budgeting, forecasting, reporting, and scenario modeling across 700+ system integrations in 40+ countries.
- Ownership category
- akta.pro rank
Abacum industry classification
Industry- Product category
- Financial Planning and Analysis (FP&A) Software
- NAICS
- Software Publishers (513210)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Enterprise Performance Management (EPM) & FP&A Platforms (HDAEAEAK)
- akta.pro secondary industry
- iBPMS (Intelligent BPM Suites) & Process Automation Suites (HDAEAHAG)
Keywords
Where Abacum is headquartered
LocationHeadquarters
- HQ city
- Barcelona
- HQ country
- Spain
- HQ region
- Europe
Offices1 record
Markets served
Abacum business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS FP&A Platform Subscription: Subscription-based access to Abacum's AI-native FP&A platform, including planning, reporting, intelligence, and data management modules. Revenue is generated through recurring annual or multi-year subscriptions with implementation and support included.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels8 records
Abacum product offering
Product offeringCore offering
Abacum provides an AI-native Financial Planning and Analysis (FP&A) platform that enables CFOs and finance teams to plan, budget, forecast, model, and report on a single system. The platform connects to source systems (ERPs, CRMs, HRIS, data warehouses) via 700+ integrations, automates data consolidation and validation, and applies AI for forecasting, scenario planning, backsolving, anomaly detection, and report commentary. It is sold as a recurring SaaS subscription with implementation, onboarding, and support bundled in, and is delivered primarily through a direct enterprise field sales motion supplemented by implementation partners.
Product overview
Abacum is an AI-native FP&A platform built as a unified system with modular components. The core Abacum platform provides the planning, reporting, and data infrastructure, augmented by Abacum Intelligence (AI capabilities layer) for automated data cleaning, anomaly detection, backsolving, and forecasting. Specialized modules include Collaborative Financial Planning (workflow-driven planning and budgeting), Financial Reporting (dashboards and AI-generated commentary), Data Management (self-service integrations and ETL), and the Excel Connector (spreadsheet interoperability). The platform connects to 700+ external systems and is designed for finance teams to own and operate without requiring technical specialists.
Differentiator
Problem solved
Functional benefit
Products and services
- Abacum FP&A Platform Core AI-native Financial Planning and Analysis platform for finance teams. Connects to source systems (ERPs, CRMs, HRIS, data warehouses) via 700+ integrations, automates data consolidation, and enables planning, budgeting, forecasting, scenario modelling, and reporting on a single system. Sold as a recurring SaaS subscription with implementation and support bundled in.
- Abacum Intelligence AI layer within the Abacum platform that handles data trust and model maintenance. Includes AI Backsolving, AI Data Cleaning, AI Data Classification, AI Anomaly Detection, AI Modelling, AI Scenario Planning, and AI Forecasting capabilities designed for finance teams.
- Collaborative Financial Planning Planning module enabling continuous, collaborative planning processes. Includes AI Forecasting, AI Scenario Planning, Workflow Management, Driver-based Planning, and Budgeting Workflows for cross-functional input collection.
- Financial Reporting Reporting module providing live dashboards, always-on reporting, AI-generated summaries, custom visualizations, spreadsheet connectors, and drill-down capabilities for stakeholder, board, and investor communication.
- Data Management Data connectivity and management module featuring self-service integrations, self-service ETL, and AI Formulas for connecting financial and operational data from source systems without requiring technical support.
- Excel Connector Spreadsheet integration that connects and syncs Excel data with the Abacum platform, bridging legacy spreadsheet workflows with the AI-native FP&A system.
- Built for NetSuite SuiteApp
Quantifiable outcome
- 75% faster close times
- +6 more outcomes
Companies that use Abacum
Customer profileNamed customers11 records
Segments5 records
Ideal customer profiles2 records
Abacum technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration12 records
AI capability6 records
Feature16 records
Abacum partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Oracle NetSuite (SuiteCloud Developer Network)coreAbacum's 'Built for NetSuite' SuiteApp brings AI-native FP&A directly into the NetSuite ecosystem. The native integration syncs financial actuals, dimensions, and operational data between Abacum and NetSuite in real-time, enabling finance teams to extend their ERP with modern planning, forecasting, reporting, and scenario modeling capabilities.
- RSM US LLPcoreStrategic alliance bringing together Abacum's AI-native FP&A platform with RSM's deep advisory and implementation expertise. RSM is a leading provider of assurance, tax, and consulting services with global footprint. The partnership helps organizations modernize planning, forecasting, and decision-making through combined technology and transformation experience.
- ValuemontcoreStrategic FP&A partnership evolved from 30+ successful customer implementations. Valuemont is an EPM consulting firm specializing in connected planning and FP&A transformation. The partnership delivers advanced EPM solutions across US and Europe, helping high-growth finance teams build agile, scalable FP&A with Abacum.
- NoBlue2minorMulti-award-winning ERP consultancy helping ambitious organizations across UK and EMEA unlock growth through Oracle NetSuite. NoBlue2 specializes in NetSuite implementations and partner referrals for Abacum customers requiring NetSuite integration.
- SikichminorSikich's NetSuite team helps clients across various market sectors grow their business through ERP implementations. Sikich provides Abacum implementation services for NetSuite customers requiring FP&A capabilities.
- EPM SolutionscoreFinance transformation leader with 12+ years implementing FP&A and EPM platforms across high-growth and enterprise organizations. EPM Solutions has led planning transformations using Planful, Adaptive, Pigment, Vena, and Oracle, including scaling SoFi's finance operations through its IPO. Danny Prohaska, founder, partners closely with Abacum to help modern finance teams move beyond legacy planning toward flexible, finance-owned, AI-driven planning.
- Bolt Consulting GroupminorEngagement Director at Bolt Consulting leads client engagements from initial diagnostic through to delivery and ongoing support for planning, budgeting, forecasting, and consolidation solutions.
- E78minorE78 Consulting partners with clients to drive rapid change and deliver measurable value. Combines traditional FP&A with data analytics, performance tracking, and strategic planning to help mid-market companies accelerate growth.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Abacum competitors and assessment
Company assessmentEmerging players
- Mosaic (now Ascent): Mosaic is an AI-native FP&A platform targeting SMB and mid-market finance teams with automated reporting and forecasting. It directly competes with Abacum's AI-first positioning for smaller companies.
Broad incumbents
- Workday Adaptive Planning: Adaptive Insights (now Workday Adaptive Planning) is an enterprise FP&A and planning suite within the broader Workday HCM/finance ecosystem. Comparable to Abacum for finance planning and reporting but bundled into a larger ERP/HCM sale.
- Oracle EPM (Hyperion): Oracle EPM (including Hyperion) is the legacy enterprise performance management suite used by large multinationals. Abacum's AI-native positioning directly targets Hyperion migration opportunities.
- Anaplan: Anaplan is a broad connected planning platform spanning FP&A, sales, supply chain, and HR planning. It serves as the incumbent benchmark Abacum displaces in mid-market and enterprise FP&A RFPs.
Direct peers
- Datarails: Datarails is an FP&A solution for Excel-centric finance teams, automating data consolidation and reporting from multiple sources. It overlaps with Abacum's Data Management and Reporting modules for the mid-market.
- Cube Software: Cube is an FP&A platform that integrates directly with Google Sheets and Excel, serving mid-market finance teams. It directly competes with Abacum on spreadsheet-connected planning and on the 'finance-owned, not consultant-dependent' value proposition.
- Vena Solutions: Vena is an FP&A platform purpose-built for Excel-native finance teams, offering planning, budgeting, and reporting on top of familiar spreadsheets. Comparable to Abacum's mid-market positioning and Excel connector strategy.
- Planful: Planful is a cloud FP&A platform serving mid-market and enterprise finance teams with continuous planning, forecasting, and financial close. It directly overlaps with Abacum across budgeting, rolling forecasts, and reporting use cases.
- Pigment: Pigment is a direct AI-native FP&A and business planning platform targeting mid-market and growth-stage companies. It competes head-to-head with Abacum on planning, forecasting, and scenario modeling with similar modern, collaborative UX and AI positioning.
- Jedox: Jedox is an EPM and FP&A platform offering planning, budgeting, and forecasting with Excel integration. It competes with Abacum particularly in EMEA mid-market and enterprise accounts.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Abacum social profiles
Digital presenceAbacum compliance and trust
Trust signalCompliance3 records
Abacum financial estimates
Financial estimateRevenue estimate
Valuation estimate
Abacum leadership team
Management profileNumber of profiles
Profiles10 records
Abacum funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Abacum M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Abacum
What does Abacum do?
Abacum provides an AI-native Financial Planning and Analysis (FP&A) platform that enables CFOs and finance teams to plan, budget, forecast, model, and report on a single system. The platform connects to source systems (ERPs, CRMs, HRIS, data warehouses) via 700+ integrations, automates data consolidation and validation, and applies AI for forecasting, scenario planning, backsolving, anomaly detection, and report commentary. It is sold as a recurring SaaS subscription with implementation, onboarding, and support bundled in, and is delivered primarily through a direct enterprise field sales motion supplemented by implementation partners.
Is Abacum a public or private company?
Abacum is a private company. It is classified as venture growth investor backed and is currently operating.
When was Abacum founded?
Abacum was founded in 2020. It employs 101 to 250 people.
Where is Abacum based?
Abacum is headquartered in Barcelona, Spain, in the Europe region.
How does Abacum make money?
One revenue line is on record: saaS FP&A Platform Subscription.
Who are Abacum's main competitors?
Mosaic (now Ascent) is listed as an emerging player. Broad incumbents are Workday Adaptive Planning, Oracle EPM (Hyperion) and Anaplan. Direct peers are Datarails, Cube Software, Vena Solutions, Planful, Pigment and Jedox.
Does Abacum have an API?
No public API is recorded for Abacum.
What industry is Abacum in?
Abacum's product category is Financial Planning and Analysis (FP&A) Software. Its primary akta.pro industry code is HDAEAEAK, Enterprise Performance Management (EPM) & FP&A Platforms, with a secondary code of HDAEAHAG, iBPMS (Intelligent BPM Suites) & Process Automation Suites. Its NAICS code is 513210 and its SIC code is 7372.