Browse Software
List Your Product
Loading...

About Abacus

When it comes to real-time expense management, Abacus is one of the most frequently pronounced names in the industry. Abacus uses data and behavioural analytics to create expense reports and helps you to automate the entire reimbursement process. It offers real-time monitoring of all the expenses being made by the employees. This proves to be a helping hand in implementing the company’s policy and keeping the users in compliance with it. The expenses can be analysed side by side with the budget in order to keep them in check. Abacus uses artificial intelligence to separate out expenses that violate the company’s policy, exceeding the budget limit and are potentially fraudulent in nature. This makes the approval process much easier than one can expect. The expenses are drafted using receipts that can be uploaded right from the application. Apart from this, it also integrates credit cards and tracks all the relevant transactions being made using it.

Screenshots & Videos

Video Thumbnail
Video Thumbnail
Video Thumbnail

Pricing

Platforms Supported

  • Not available

Organization Types Supported

  • Not available

API Support

Modes of Support

  • Not available

Abacus Features

Expense Management Features

Card Spending Tracker

Automatically tracks the expense done using a linked debit or credit card.

Multi-level Approval

A sequential and thorough review process to approve expenses.

Reconciliation Summary

A statement prepared to report total outstanding payments and receipts.

Bank Feed Sync

Can sync with bank notification and fetch expenses to make entries in the record book.

Receipt Scanner

OCR (Optical Character Recognition) tool to scan and upload a paper receipt to make entries on the go.

Receipt Management

Store and manage receipts of the expenses incurred by the employees.

Multiple Reporting Currency

Reports entries from different origin currencies in the native exchange rate.

Spend Control

To reduce spending and prevent unauthorized use by setting transactional control.

Reimbursement Management

Helps in managing employee expenses claims and regularize the approval process.

Expense Approval

Managers can review and approve expense reports. Expenses not in compliance are automatically flagged or rejected.

Third-party Integration

Offers synchronization with third-party applications

Mileage Tracking

Facilitates tracking mileage automatically and stop recording when a location is reached & it can produce IRS compliant reports

Tax Claim

Helps with tax reclaim on expenses and maximizes the tax benefit of the organization.

Time & Expense Tracking

Time and Expense is the process of recording and tracking hours worked and expenses as they relate to projects

Abacus Pricing

Free Trial

Available

Pricing Options

Premium Plans ( Subscription / Quotation Based )

Pricing Plans

Screenshots of Vendor Pricing Page

Pricing screenshot

Disclaimer: The pricing details were last updated on 20/09/2019 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

Learn more about Abacus Pricing.

Abacus Alternatives

View All Abacus Alternatives

Abacus Reviews

User Rating

4.5/5 (Based on 342 Ratings)

Ratings Distribution

  • Excellent

    61.7%
  • Very Good

    27.8%
  • Average

    9.6%
  • Poor

    0.3%
  • Terrible

    0.6%

Do You Use Abacus?

Write a Review

Review Summary

Many users find Abacus straightforward and easy to use, praising its intuitive interface and user-friendly design. However, some reviewers express dissatisfaction with its limited reporting capabilities, lack of integration with other systems, and occasional glitches or bugs. While Abacus is lauded for its strong data security and customer support, there are concerns regarding its pricing structure, with some users feeling it is overpriced or lacks flexibility. Overall, while Abacus is generally well-received for its ease of use and security, it could benefit from expanded reporting features, improved integration options, and a more competitive pricing strategy.

Pros

  • Robust accounting system with comprehensive features for financial management.
  • Streamlined invoice processing and inventory management tools.
  • Userfriendly interface and intuitive navigation for seamless operation.

Cons

  • Steep learning curve for new users, requiring time and effort to master its functionalities.
  • Limited customization options, making it less adaptable to specific business needs.
  • Occasional reports of technical glitches and stability issues.

Abacus User Reviews

AI-Generated from the text of User Reviews

Videos on Abacus

Abacus Screenshots

Abacus FAQs

What is Abacus used for?

Abacus is Expense Management Software. Abacus offers the following functionalities:

  • Card Spending Tracker
  • Multi-level Approval
  • Reconciliation Summary
  • Bank Feed Sync
  • Receipt Scanner
  • Receipt Management
  • Multiple Reporting Currency
  • Spend Control
  • Reimbursement Management
  • Expense Approval
  • Third-party Integration
  • Mileage Tracking

Learn more about Abacus features.

What are the top alternatives for Abacus?

Abacus Contact

Vendor Details

Founded : 2013

Contact Details

Not available

https://www.abacus.com/

Social Media Handles

Grid Report for Abacus

Loading...

Abacus Integrations

Disclaimer

This research is curated from diverse authoritative sources; feel free to share your feedback at feedback@saasworthy.com

We understand SaaS better

SaaSworthy helps stakeholders choose the right SaaS platform based on detailed product information, unbiased reviews, SW score and recommendations from the active community.

icon

Buyers

Looking for the right SaaS

We can help you choose the best SaaS for your specific requirements. Our in-house experts will assist you with their hand-picked recommendations.

icon

Makers

Want more customers?

Our experts will research about your product and list it on SaaSworthy for FREE.

Get Listed