Abacus - Expense Management 1.24.15

Abacus Labs, Inc. – Freeware – iOS
out of 91 votes

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Abacus is a user-friendly solution that simplifies team reimbursements, corporate credit card reconciliation, and expense policy implementation.

Gain access to Abacus to easily track expenses from any location.

<ul>
 <li>Capture accurate expense data from employees: Abacus automatically drafts expenses using reliable data sources such as receipts, card transactions, past behavior, CRM fields, and geolocation. This ensures that expense records are complete and accurate.</li>
 
 <li>Automate your expense policy and approval hierarchy: Abacus applies policy rules before expenses can be submitted, effectively reducing violations. Routing rules then automatically send the expense to the most appropriate approver.</li>
 
 <li>Fast reimbursements with direct deposit: Once an expense is approved, Abacus handles the reimbursement process and directly deposits the funds into the employee's bank account.</li>
 
 <li>Continuous accounting sync: Abacus syncs approved expenses into your accounting software using either the cash or accrual method. This ensures that your books are always up-to-date.</li>
 
 <li>Instant visibility into spending and budgets: Build custom analysis reports with real-time data to identify trends and effectively manage budgets.</li>
</ul>

About Abacus:

Abacus is a real-time expense reporting solution that automates the creation and approval of expenses. It eliminates the need for cumbersome employee-generated expense reports, resulting in faster and more accurate submission and review processes. Each expense is submitted and entered into the system in real time, providing admins with instant visibility into spending. Expenses are logically organized into Live Reports according to their business purpose as they enter the system.

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