Abacum

Import historical financial data into Abacum.

Use AI-driven forecasting to generate baseline budget projections.

Collaboratively adjust budget assumptions with relevant stakeholders.

Run scenario analyses to understand the impact of different assumptions.

Finalize and approve the budget within the platform.

Integrate HR data with financial data in Abacum.

Model different headcount scenarios based on strategic objectives.

Analyze the financial impact of each headcount scenario.

Collaboratively review and approve headcount plans.

Monitor actual headcount against planned headcount.

Import sales and marketing data into Abacum.

Use AI to forecast revenue based on historical trends and market data.

Collaboratively adjust revenue forecasts with sales and marketing teams.

Run scenario analyses to understand the impact of different sales strategies.

Monitor actual revenue against forecasted revenue.

Identify key business drivers and assumptions.

Create multiple scenarios with different assumptions in Abacum.

Analyze the financial impact of each scenario.

Present scenario analyses to stakeholders for decision-making.

Adjust business plans based on scenario analysis results.

Automate data collection and consolidation for investor reports.

Generate standardized investor reports with key financial metrics.

Add narrative and analysis to investor reports.

Review and approve investor reports.

Distribute investor reports securely through the platform.

Connect to general ledger and other source systems.

Automate the extraction and consolidation of data into P&L, Balance Sheet and Cash Flow statements.

Review the output and drill-down to specific transactions.

Share internally, or with investors.

Ensure the latest financial performance can be delivered at a moments notice.

Consolidate financials from multiple entities.

Define the chart of accounts mappings.

Run intercompany eliminations.

Review translated statements.

Analyze the consolidated financial statements.