The Work Index by Flexa

Abacum

Abacum is a financial planning and analysis (FP&A) platform that helps businesses automate, analyze, and forecast financial data to drive efficient growth.

https://www.abacum.io/
5.8

/10

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Description

Abacum is a financial planning and analysis (FP&A) platform that helps finance teams automate, analyze, and forecast for strategic impact. It's designed to help businesses scale efficiently by providing real-time visibility into financial and operational data. The platform connects seamlessly with various business systems, enabling users to consolidate metrics and build flexible financial projections and scenarios. Abacum aims to empower finance teams to become key strategic partners within their organizations.

Abacum is headquartered in New York City with offices in Barcelona and London. The company was founded in 2020 by two former CFOs who sought to transform the traditional FP&A process. Abacum's mission is to create a revolutionary product that streamlines financial planning and allows finance teams to focus on strategic initiatives. Abacum has raised over $40 million from leading investors, including Y Combinator, Atomico, Creandum, FJ Labs, and K-Fund, which underscores its commitment to innovation and growth.

Flexibility

Abacum offers flexible working arrangements, depending on the role, with a hybrid approach that supports a combination of in-office and remote work. They have offices in Barcelona, New York, and London, allowing employees to choose their preferred location for work, with the option to work remotely. This flexibility fosters a work-life balance and enables employees to connect with colleagues across time zones and regions.

Benefits

Abacum offers competitive compensation, private health insurance, work from home spend for remote workers, generous relocation allowance where applicable, fun in-person off-sites and virtual get-togethers, mental health & wellness benefits, personal development and language courses, competitive PTO policy and parental leave.

Mission

Abacum's mission is to empower finance teams to become key strategic partners who drive better visibility, better decisions, and faster execution through its scalable financial planning solution. Founded by two ex-CFOs who experienced the frustrations of traditional finance processes, Abacum aims to replace outdated spreadsheets and manual tasks with an automated platform that streamlines reporting, forecasting, and planning. Their goal is to equip finance teams with the tools they need to become essential contributors to their organizations' strategic success.

Automation
Data-driven
Disruptor
Soonicorn

Culture

Abacum promotes a vibrant and collaborative culture that values customer obsession, audacious ambition, and diversity of thought. The company emphasizes a culture of "good people" where individuals are valued and encouraged to bring their authentic selves to work. This is reflected in their commitment to inclusion, flexible working arrangements, and a focus on personal development and well-being. With a strong emphasis on teamwork, honesty, and radical transparency, Abacum fosters an environment where employees feel empowered to contribute to a shared mission of empowering finance teams.

Agile and dynamic
Collaborative
Engaging
Entrepreneurial
Fast-paced
Fun
People-first
Progressive
Supportive
Transparent

DE&I

Abacum fosters a culture of inclusion, where all employees feel valued and empowered to bring their authentic selves to work. They prioritize diversity of thought and actively promote equal opportunities for everyone, regardless of background or identity. Their commitment to inclusivity extends to flexible work arrangements, supporting a hybrid approach across their offices in Barcelona, New York, and London. This creates a welcoming environment for all employees to thrive, fostering a strong sense of belonging and collaboration.

Gender diverse

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