Abacum
What is Abacum?
Abacum is a global Financial Planning & Analysis (FP&A) software company founded in 2020 by former CFOs Julio Martinez and Jorge Lluch Valdecasas. Based in New York City, with additional offices in London and Barcelona, Abacum focuses on mid-market organizations. The company aims to enhance financial planning tools by combining user-friendly spreadsheet features with enterprise-grade automation. Abacum has raised over 40 million and emphasizes collaborative, AI-driven financial workflows to improve decision-making. The core offering is the FP&A platform, which includes collaborative planning features, data integration from over 50 sources, and the ability to define custom metrics. Additionally, Abacum Intelligence, a fourth-generation FP&A tool, provides AI forecasting, performance analysis, and anomaly detection. The platform is designed for finance teams looking to automate processes, enhance forecasting accuracy, and centralize data reporting, all while ensuring quick implementation and cross-departmental collaboration.
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