Abacum
New accelerator entry · 2021-02-17 · the record
Finance teams get instant access to all the operational and financial metrics in one place. With a single click, Finance teams surface insights, automate reporting, forecast revenue, plan headcount, and run multiple scenarios at scale.
Abacum is a Y Combinator company in the Winter 2021 batch. Its directory entry describes it as: The AI-native FP&A platform that helps Finance teams drive business…. The founders listed are Jorge Lluch (Founder), Julio Martinez (Founder) (Y Combinator directory entry, February 17, 2021).
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New accelerator entry · 2021-02-17 · the record
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Finance teams get instant access to all the operational and financial metrics in one place. With a single click, Finance teams surface insights, automate reporting, forecast revenue, plan headcount, and run multiple scenarios at scale. Abacum perfectly balances entreprise-grade scalability with consumer-grade ease of use. Our powerful, intuitive multi-dimensional modeling engine and collaborative workflows make business partnering seamless. With more than $100M raised, Abacum powers industry leaders such as CoreWeave, Strava, Replit, Abridge, BetterUp, Placer.ai, Kajabi, Aiven, Dish Networks, and hundreds more. Finance teams rate Abacum as the best FP&A solution for mid-market companies, with a 4.8/5 rating on G2 - higher than any competitor.
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Example from a real report (our sample on Target): “Target eliminated approximately 1,800 corporate positions, with around 1,000 employees receiving layoff notices and the remainder accounted for by eliminating open roles.” Source: NBC News
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