Challenge

Digital Career Institute, a leading Berlin-based tech education company, encountered growing complexities in its financial processes as it scaled. This prompted the search for an FP&A solution capable of evolving with their needs. Alexander Moll (Senior Controller) and Clemens Müller (Senior FP&A Manager), who are part of the finance team, identified several critical pain points to address.

Their reliance on Google Sheets resulted in inefficient budgeting processes, marked by time-consuming manual updates, frequent consolidation errors, and limited collaboration.

The absence of real-time insights made it difficult to produce accurate forecasts and align budgets with the rapidly changing needs of the business. Scenario planning was also a significant hurdle, while the fragmented collaboration between finance and other departments limited transparency and alignment.

As DCI expanded, these challenges created bottlenecks that hindered the finance team’s ability to concentrate on strategic, high-value tasks.

Solution

DCI selected Abacum to overhaul its financial planning and analysis processes, transitioning from manual, error-prone workflows to an automated, centralized platform.

Abacum transformed DCI’s financial processes by introducing automated budgeting and forecasting, replacing fragmented Google Sheets workflows with accurate, real-time data updates and seamless collaboration.

Its scenario planning capabilities empowered the finance team to evaluate different business outcomes effortlessly, providing valuable strategic insights. Integrated tools, such as the Personio connector, automated data updates, enhancing accuracy and saving significant time.

Additionally, customizable collaborative spaces tailored to department-specific needs improved transparency and alignment across teams, fostering better interdepartmental communication and coordination.

Abacum has not only saved us time and costs but has also empowered us to focus on what truly matters—driving the company’s strategic direction with confidence.

Clemens Müller, Senior Controller at DCI

Result

With Abacum, DCI revolutionized its financial planning and analysis processes, becoming a data-driven, strategically aligned organization. By automating manual tasks, enabling scenario planning, and fostering cross-departmental collaboration, the finance team is now poised to support DCI’s ambitious growth goals with agility and precision.