Abacus
Abacus : Reviews, Pricing, Features & AlternativesAbacus is a Travel & Expense Software. Price : $9 (free trial available). Review Abacus : Overview & Pricing
Abacus Overview : Features, Pricing, Reviews & Alternatives
Abacus is a Travel & Expense Software intended for businesses. Let’s discover user reviews, features and prices of this business app.
Abacus is listed as a Travel & Expense Software and Accounting Software for companies and is used for Finance and accounting Finance Travel expense managements, Accounting, Billing and Invoicing, Time and Expense …
Abacus price starts from $ 9 per user and per month (free trial available).
Abacus is the easiest way to automate your team reimbursement, reconcile corporate cards, and enforce your expense policy.
Real-time expense reports
What is Abacus ?
When it comes to real-time expense management, Abacus is one of the biggest names in the industry. Abacus uses data and behavioral analytics to create expense reports and helps you automate the entire reimbursement process. It offers real-time tracking of all expenses made by employees. This proves to be a push to enforce company policy and make users comply. Expenses can be analyzed along with the budget to control them. Abacus uses artificial intelligence to segregate expenses that violate company policy, exceed budget limits, and are potentially fraudulent in nature. This makes the approval process much easier than expected. Expenses are written using downloadable receipts directly from the app.
Abacus is your way to automate your equipment reimbursement, corporate credit card reconciliation, and expense policy enforcement.
Abacus is a web and mobile app for managing employee expenses and reimbursements. Some key features include: real-time expense submission, integrated ACH payments, and custom dynamic reporting.
Abacus is the easiest way to automate your team reimbursement, reconcile corporate cards, and enforce your expense policy.
Abacus is the web and mobile app for managing employee expenses and reimbursements. Employees can post their expenses as they are spent using the app or by logging into the website. Abacus saves all the necessary information related to the expense, such as category, label, supplier, etc.
Abacus is the easiest way to reimburse your team, reconcile business credit cards, and implement your spending policy.
Abacus is the easiest way to reimburse your team, reconcile business credit cards, and implement your spending policy.
Abacus is a travel and expense management software solution for employees to receive reimbursement. The platform allows users to integrate their bank accounts into the system, submit expense claims and receipts, and have the program automatically classify expenses by employee, category, project, location, and more.
The software gives administrative staff complete visibility into employee spending and the ability to approve requests online and make a deposit directly into the requester’s bank account. Additionally, the platform allows companies to sync financial data with third-party accounting platforms such as Quickbooks and Xero.
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 providing transparency and control. With its help, you can send expense reports in real time. Abacus helps speed up the process with its innovative capabilities like geo-tagging, image capture, automatic categorization and more. Simply snap a picture of your receipts and other financial files and the software will take care of the rest for you. And since you submit reports faster, that means you’ll get reimbursed faster, too. Synchronize all accounting information through your existing accounting system; no need to manually enter accounting data to keep things up to date.
Abacus provides a solution for financial institutions that is complete and easy to use. Abacus offers a cost-effective, modern, fully integrated and scalable solution that will not only meet today’s operational requirements, but also the challenges of advanced technology, market development and product offerings. Fully multilingual design without additional programming. Complete customer-centric customer management. Over 100 built-in reports and fully integrated BizNet financial management reports. Extensive and powerful security and encryption features for the user.
Pros & Cons
When it comes to finding the right Travel & Expense tools to manage your business, you have too many options – and they all come with their strengths and weaknesses.
One such familiar name in this arena is Abacus, and as you may have guessed from the title, this review will tell you more about Abacus’s pros and cons.
Weighing the pros & cons is essential before selecting this tool for your business and your team.
Abacus Pros : Key Benefits
– Key features of Abacus: + Real-time expense submission (no expense reporting) + Fully functional iOS and Android mobile apps + Overnight reimbursement via integrated ACH payments + Accounting integrations + In-app communication + Dynamic search and reporting + Workflow customization + Credit card linking + automatic categorization + geolocation of expenses + advanced rules and policy controls
– Abacus is a powerful web and mobile app for managing employee expenses and reimbursements. Eliminates the need to submit expense reports and reimbursements are processed the day after approval. Employees record expenses as they are incurred using the app or by logging in through the website. It takes less than a minute to snap a photo of the receipt and submit it for approval and reimbursement. Abacus saves all the necessary information related to the expense: such as category, label, provider, etc. It’s faster and more flexible for everyone involved. Once users have connected their bank account to Abacus, payments are processed securely through the app. As soon as an expense is approved, the software facilitates a “fast payback” to the employee, so they are typically “paid back” within 1-2 business days. All communications go through the system, giving administrators better visibility and control over company spending. Admins can also create post-hoc expense reports by filtering expenses on different parameters such as employee, vendor, category, location, and project. Abacus syncs with popular accounting software like Quickbooks or Xero, so accountants always have the most up-to-date information and don’t have to worry about manually recording expenses. Other features available in the system include policy controls and linking of corporate or personal cards. Admins can also create post-hoc expense reports by filtering expenses on different parameters such as employee, vendor, category, location, and project. Abacus syncs with popular accounting software like Quickbooks or Xero, so accountants always have the most up-to-date information and don’t have to worry about manually recording expenses. Other features available in the system include policy controls and linking of corporate or personal cards. Admins can also create post-hoc expense reports by filtering expenses on different parameters such as employee, vendor, category, location, and project. Abacus syncs with popular accounting software like Quickbooks or Xero, so accountants always have the most up-to-date information and don’t have to worry about manually recording expenses. Other features available in the system include policy controls and linking of corporate or personal cards.
– Free Trial: Available (no credit card required) $5.00 per active user per month. An active user is someone who has an approved expense. There are NO other fees with this product.
– Frequent releases / updates
– High Compatibility
Abacus Cons
– Con : Custom integrations can come at a price.
Abacus Features
Here is the list of the main features of this computer software :
– Workflow
– Third-party Integration
– Time & Expense Tracking
– Accounting
– billing and invoicing
– time and expenses
– Cloud Services
– Compliance Tracking
– Online Banking
– Risk Management
– Transaction Tracking
– Credit Card Management
– Payments & Transfers
– Security Management
– Financial Accounting
– Private Banking
– Banking Features
– Multi-Currency
– Retail Banking
Main function & Pro Features
– Workflow
– Third-party Integration
– Time & Expense Tracking
– Accounting
– billing and invoicing
– time and expenses
– Cloud Services
– Compliance Tracking
– Online Banking
– Risk Management
– Transaction Tracking
– Credit Card Management
– Payments & Transfers
– Security Management
– Financial Accounting
– Private Banking
– Banking Features
– Multi-Currency
– Retail Banking
Abacus Integrations
Abacus integrates with more than 7 applications & plugins like NetSuite, Salesforce and Slack (…) : database connection, synchronize data, share files (…) to improve your workflow and increase your productivity !
It also provides a powerful API toolkit that allows developers to build web services and exchange data.
Top 20 Abacus integrations
– Slack
– Salesforce
– NetSuite
– NetSuite
– QuickBooks
– Xero
– Zapier
Abacus Pricing
The Abacus pricing plan starts from $ 9 per month and per user, but this price is likely to change because different options are offered by the developer : number of licenses, additional functions, add-ons, bundles …
Abacus offers several pricing plans :
– Starter : $ 9,00 per user / per month
– Professional : –
– Company : –
– Enterprise : –
– Premium : –
Starter | Professional | Company | Enterprise | Premium |
$9,00 | – | – | – | – |
Per month | Per month | Per month | Per month | Per month |
Per user | Per user | Per user | Per user | Per user |
Save $$$ on SaaS and on-premise Software Subscriptions to help your create, grow and scale your business : annual billing usually is cheaper than monthly billing and you can expect 10% to 20% discount.
Sign up for a trial and start using it right away !
Free trials usually are time limited or feature limited but this is a good way to ensure it is the right option for your business before making a purchase.
Screenshot of the Vendor Pricing Page :
Pricing Details
Pricing Model : Subscription
Free trial : Available
Free plan : No free plan
Freemium : No information
Starting price : $ 9,00
Entry-level set up fee : No setup fee
The pricing details were last updated this year from the vendor website or retrieved from publicly accessible pricing materials and may be different from actual. Please confirm pricing and deals with the vendor website before purchasing.
Deployment & Setup
Abacus is a cloud-based Travel & Expense platform : its infrastructure is hosted in the United States (probably on AWS, Microsoft Azure or Google Cloud Platform).
abacus is a SaaS (Software as a Service) / web application : a web browser on a computer is required for full functionality of features and manage dashboard.
It supports desktop operating systems (like Windows and Mac OS …) and mobile platforms (like Android and iOS).
Technical Details & Specifications
Deployment : Cloud / SaaS
Desktop Operating Systems : Windows / Mac OS / Linux …
Mobile Platforms : Android / iOS – iPhone – iPad
Native Apps / Mobile Applications : –
GDPR compliance : No information
Supported languages
This application software supports the following languages : English …
Support & Training
Any problem with this computer program ? The vendor offers the following customer service & support to help teams get the most out of their business application : Online Support …
Hotline : 917-426-6642
Training options : …
Industry & Customers
Who use Abacus ?
This software package is tailored to business needs : Small and Medium companies, Medium companies (Turnover : – $50 million) in countries like USA …
This web-based application is recommended for trades : Administrative, Accounting, Management, Finance …
This cloud software is used in the sectors : Software, Hospitals and health care, education management …
Customer References
Testimonials & Customer References to decide if this is the right business software or service for your company : Weave Incorporated, Servicetitan, Peaberry Software Inc, Curtin University, Fivestars …
Awards & Recognitions
This tech company won several customer review awards from comparison websites, like Part of World’s fastest growing SaaS companies according to SaaS 1000 .
Screenshots
This computer program has an ergonomic, intuitive and customizable user interface, which will improve team productivity and collaborative work within your company (Medium Company, Non Profit, Entrepreneur …)
Abacus Screenshots & Images : UI, dashboard …
Videos
Video #1
Video #2
Abacus Reviews
Here is our opinion on Abacus : this is an excellent travel & expense software to trust .
Abacus User Reviews & Ratings
Online and customer reviews of Abacus software are quite plentiful and overall very positive :
Overall rating : 4,7/5
Value for money : 4,7/5
Functionality : 4,7/5
Usefulness : 4,7/5
Ease of use : 4,7/5
User rating Excellent : 72%
User rating Very Good : 25%
User rating Average : 2%
User rating Poor : 1%
User rating Terrible : 0%
The main advantages of Abacus are a streamlined expense reporting process, expense tracking, and custom expense rules. Keep reading to understand better.
Popularity on social networks : 3599 followers on LinkedIn
Your Customer Review on Abacus
What is your opinion about this app ? Submit your review and tell us about your overall opinion : experience with this SaaS software, rating, ease of use, customer service, value for money, Pros & Cons …
Customer reviews and feedbacks play an increasingly important role in the business software buying process. You can provide in-depth review and share your buying advice / reviewer sentiment : what is your likelihood to recommend Abacus ? What is your likelihood to renew ?
FAQs
Why use a Travel & Expense Software ?
Expense report software (travel expenses) makes it possible to track business travel as well as the expense reports and invoices of employees on the move. Expense software manages all invoices and field travel expenses.
According to various sources, most used business software are : Expensify (market share : 19,50%), Coupa (12,70%), Egencia (2,20%), Chrome River EXPENSE (1,50%), ExpenseWire (1,20%), Infor Expense Management (0,90%), Certify (0,40%), Abacus (0,30%), Xpenditure (0,30%)
Main functions are : Credential management, Refund management, Attachment management, Entering expense reports, Archiving, Travel expense management
Main characteristics are : Expense Reports, Expense Reports, Expenses, Report, Reports, Online, Expense Report, Template, Expenses, Small Business, Expense Reimbursement, Online Expense Report, Alternative Solution, Expense Report Software, Expense Report expenses, expense spreadsheet, expense tracker, ocr pdf, ocr screenshot, small business, expenses, expense management, expense report, expense tracker, OCR capture, Expense reports, Automate your process and connect to your IS, HRTech, FinTech, SAAS software
Travel & Expense Software Average Price : from $ 1,50 to $ 99,00 with an average price of $ 20,90 . We have identified more than 91 competitors on the market.
Company details
Developed by FERN, Inc. (@abacus on Twitter)
About Abacus Labs: Today’s employees expect more. We give businesses the opportunity to delight their employees with simple and fast expense reimbursements. Managers can finally review and approve expenses right from their mobile device and accountants can sit back and relax because accounting is on autopilot.
HQ location : USA
Founded by Puneet Sahalot
Total revenue : $342300
Industry : B2B SaaS company
Software Category : Finance & Accounting Software > Accounting Software > Travel & Expense Software
Schema : SoftwareApplication > TravelApplication
Tags : …
Website : visit abacus.com
About This Article
This page was composed and published by SaaS-Alternatives.
The information (and product details) outlined above is provided for informational purposes only. Please Check the vendor’s website for more detailed information.
Our opinion on Abacus is independent in order to highlight the strengths and weaknesses of this Travel & Expense Software. Our website is supported by our users. We sometimes earn affiliate commission when you click through the affiliate links on our website.
Abacus Alternatives
If you’re understanding the drawbacks and you’re looking for a Abacus alternative, there are more than 66 competitors listed on SaaS-Alternatives !
If you’re in the market for a new software solution, the best approach is to narrow down your selection and then begin a free trial or request a demo.
Compare Abacus Pricing Against Competitors
Software | Starting Price | Billed | Free Trial |
ABACUS | $9 | Per month / user | Yes |
EXPENSIFY | $5 | Per month / user | Yes |
BREX | $ | Per month / user | No |
WEBEXPENSES | $3461 | Per month / user | No |
SPENDESK | $ | Per month / user | No |
EMBURSE CERTIFY | $8 | Per month / user | Yes |
PLEO | $ | Per month / user | No |
MOBILEXPENSE | $ | Per month / user | No |
AIRBASE | $ | Per month / user | No |
RAMP | $ | Per month / user | No |
Top 10 Alternatives & Competitors to Abacus
– Spendesk
– Jenji
– Mon Intranet
– Rydoo
– Sap Concur
– Phileas Gestion
– Carlatravel
– Apidae
– Ipaidthat Notes De Frais
– Izika
Free Alternatives to Abacus
– Expensify
– Pleo
– Airbase
You can also take a look at other business apps, like our Nutshell Apps review and our Datanyze review.
Comparison with Similar Software & Contenders
Take an in-depth look at popular Finance & Accounting Software and Accounting Software to find out which one is right for your needs. Discover how these Travel & Expense Software compare to Abacus when it comes to features, ease of use, customer support and user reviews. Explore software, Compare options and alternatives, Read reviews and Find your solution !