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Blog: How FP&A Teams can use AI now
What does the 4th generation look like? It’s the dawn of AI in everyday use by FP&A teams, making your work life a whole lot easier.
Abacum is the most scalable financial planning and analysis solution to drive business growth.
Finance teams are drowning in spreadsheets. You want to enable strategic growth with granular reporting and planning – but manual tasks take too much of your time.
Explore our guide to the best FP&A software tools
More data creates more manual work for finance teams, making the job impossible without automation.
Finance is under more pressure than ever to deliver complex planning and forecasts across the business.
Spreadsheets aren’t designed for collaborating with other departments when building budgets.
Identify opportunities for investment to achieve your business goals.
Evaluate the impact of hiring and model your headcount precisely.
Analyze past expenditure to minimize the costs of future growth.
Drill down into the KPI’s that drive high performance.
Share real-time data on performance metrics with key stakeholders.
Spending days on manual tasks in Excel
Updating reports by hand with every data refresh
Limited scope for complex planning or scenarios
Difficult to collaborate with other departments
No confidence in forecast accuracy
All your financial & operational data is sorted and modeled via native integrations
Reports are always kept updated in real-time
Scenarios and dimensions are easier than ever
Departments can finally collaborate (without breaking anything…)
100% confidence in the data accuracy
“If we did not have Abacum, we would not be able to provide as much insights and analytics to reach our growth targets.”
Richard Harem, Senior Finance Director at RapidSOS
“With Abacum, we no longer budget by emailing spreadsheets. We drove visibility and accountability to our financial plan and goals across the company”
Maria Lapucci
FP&A Manager
“We are able to reduce our reporting time by 20 hours a month with Abacum”
Michael Hein
FP&A Manager
“The onboarding process with Abacum was fast and efficient. Their implementations team provided us with the full support needed to use the platform for our month-end reporting, freeing up a lot of time from manual work.”
Pierina Nuques
Head of FP&A
“Abacum has been a total success, I can answer business-critical questions from the CEO in minutes not hours”
Pieter Hugo
FP&A Manager
“Our weekly performance meeting would require 4.5 hours of data and reporting prep. Today it only takes one sync button”
Javier Delgado
VP of Finance
”With Abacum, I can create dynamic models in ways I would never be able to if I were still using spreadsheets”
Ben Liepman
FP&A Manager
Abacum fits into any existing workflow and connects with all of the business critical systems your company uses.
Our in-house implementation team has built native integrations with all major ERP, HRIS, CRM and BI tools to sort and model your data.
What does the 4th generation look like? It’s the dawn of AI in everyday use by FP&A teams, making your work life a whole lot easier.
Be among the first to get to grips with our TARGET framework and start transforming your processes straight away.
This list of FP&A solutions will help to accelerate your business’s scale-up and thrive in any economy.