Abacus - Expense Management

Abacus - Expense Management Software


Company Name:


 
  2023-05-04

Abacus Overview


What is Abacus? Abacus is an expense reporting solution that automates expense creation and approvals. It captures accurate expense data from employees and automates the expense policy and approval hierarchy. Abacus also handles fast reimbursements with direct deposit and continuous accounting sync. It provides instant visibility into spending and budgets with custom analysis reports.



Features


- Accurate expense data capture from reliable data sources

- Automated expense policy and approval hierarchy

- Fast reimbursements with direct deposit

- Continuous accounting sync

- Custom analysis reports for instant visibility into spending and budgets

- Real-time expense reporting for faster and more accurate submissions and reviews

- Logical organization of expenses into Live Reports according to their business purpose.



Official Screenshots


         


Product Details and Description of



this app is the easiest way for you to reimburse your team, reconcile corporate credit cards, and implement your expense policy. Access your this app to track expenses from anywhere! CAPTURE ACCURATE EXPENSE DATA FROM EMPLOYEES this app drafts expenses using reliable data sources such as receipts, card transactions, past behavior, CRM fields, and geolocation to ensure records are complete and accurate. AUTOMATE YOUR EXPENSE POLICY AND APPROVAL HIERARCHY Policy rules are applied before expenses can be submitted in order to reduce violations. Routing rules then automatically send the expense to the best suited approver. FAST REIMBURSEMENTS WITH DIRECT DEPOSIT Once an expense is approved, this app handles the reimbursement and direct deposits into the employee's bank account. CONTINUOUS ACCOUNTING SYNC Sync expenses into your accounting software using either cash or accrual method as they are approved so that your books are always up-to-date. INSTANT VISIBILITY INTO SPENDING AND BUDGETS Build custom analysis reports with real time data to help you identify trends and manage budgets. More about this app this app is a real time expense reporting solution that automates expense creation and approvals. It is the only platform to remove the arbitrary employee-generated expense report from the process - making submitting and reviewing expenses faster and more accurate. Each expense is submitted and entered into the system in real time, giving admins instant visibility into spend. Expenses are then automatically and logically organized into Live Reports as they enter the system according to their business purpose.






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