Abacus Review
OUR SCORE 88%
- What is Abacus
- Product Quality Score
- Main Features
- List of Benefits
- Technical Specifications
- Available Integrations
- Customer Support
- Pricing Plans
- Other Popular Software Reviews
What is Abacus?
Abacus is a cloud-hosted expense reporting tool designed for individuals and businesses looking for ways to streamline the expense reporting process. It simplifies the job without compromising the accuracy of doing it while offering transparency and control. With its help, you can submit expense reports in real-time. Abacus helps accelerate the process through its innovative capabilities such as geo-location, image capturing, auto-categorization, and much more. You only need to take a shot of your receipts and other financial files and the software will handle the rest on your behalf. And since you submit the reports faster, it means you’ll receive reimbursements faster as well. It syncs all accounting information through your existing accounting system — no need for manual accounting data entry to keep things current.Product Quality Score
Abacus features
Main features of Abacus are:
- Accrual Accounting Sync
- Custom Team & Expense Fields
- Billable Expenses
- Automated Expense Policy
- Dynamic Reporting and Analysis
- Split/Itemize Expenses
- Deep Search
- Corporate Card Dashboard
- Multi-Level Approval Workflows
- Accounting Software Sync
- Nightly Direct Deposit
- Re-Route for Approval
- iOS & Android Mobile Apps
- Custom Appearance
- Receipt Forwarding
- Connect Personal Cards
- OCR Matching
- Smart Expense Fields
- Inline Communication
- Accountant Access
- Data Export
- Long Term Data Access
- Full Audit Trail
Abacus Benefits
The main benefits of Abacus are simplified expense reporting process, expense tracking, and customized expenses rules. Read on to understand further.
Abacus simplifies the expense reporting process through automation of multiple workflows, including data capturing and storage. This saves you ample time and energy, which you can use for other aspects of your business. Abacus makes it seamless for your team to submit expenses reports while getting all your accounting data in sync with finance platforms. This ensures transparency since all expenses are documented.
With Abacus, you can also track your expenses and other data related to your business by projects, locations, clients, departments, and much more. The software seamlessly brands your expenditures as billable to clients and projects. The billable expenditures are synced immediately with your accounting and finance software, eliminating the need to enter billable data into your system manually. Abacus takes away the burden of doing this.
Furthermore, you can custom-fit rules and design your expense policy to notify or set limits of the expense submissions per required categories, receipts, per diems, and other expenses. What’s more, it allows you yo itemize expenses and distribute their amounts in particular categories. Abacus offers insights into your expenditures through detailed analysis and reporting. Expenses can be viewed and dissected per department, project or employee.
Technical Specifications
Devices Supported
- Web-based
- iOS
- Android
- Desktop
Customer types
- Small business
- Medium business
- Enterprise
Support Types
- Phone
- Online
Abacus Integrations
The following Abacus integrations are currently offered by the vendor:
- NetSuite
- Oracle
- Intacct
- QuickBooks Online
- Microsoft Dynamics
- Sage
- QuickBooks Desktop
- Zapier
- Xero
- Lever
- Salesforce
- Slack
- Zenefits
Video
Customer Support
Pricing Plans
Abacus pricing is available in the following plans:
