Abacus - Expense Management 1.24.15

Abacus - Expense Management 1.24.15

Abacus Labs, Inc. – Freeware – iOS
out of 91 votes
Latest Version
1.24.15
Safe to install

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.

  • 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.
  • 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.
  • 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.
  • 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.
  • Instant visibility into spending and budgets: Build custom analysis reports with real-time data to identify trends and effectively manage budgets.

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.

Overview

Abacus - Expense Management is a Freeware software in the category Business developed by Abacus Labs, Inc..

The latest version of Abacus - Expense Management is 1.24.15, released on 07/04/2024. It was initially added to our database on 01/15/2024.

Abacus - Expense Management runs on the following operating systems: iOS.

Users of Abacus - Expense Management gave it a rating of 2 out of 5 stars.

FAQ

What is Abacus - Expense Management?

Abacus - Expense Management is a cloud-based software solution designed to streamline and automate the expense reporting and reimbursement process for businesses.

How does Abacus help with expense tracking?

Abacus allows users to track expenses in real-time, submit receipts via mobile or desktop, and provides automated workflows for approval and reimbursement.

Is there a mobile app for Abacus?

Yes, Abacus offers a mobile app that allows users to capture receipts, submit expenses, and track approval statuses from their smartphones.

Can Abacus integrate with other software solutions?

Yes, Abacus integrates with various accounting software such as QuickBooks, Xero, and others, facilitating seamless data transfer between platforms.

How does Abacus ensure expense policy compliance?

Abacus includes customizable expense policies that automatically flag non-compliant expenses during the submission process, helping businesses maintain policy adherence.

What types of expenses can be managed with Abacus?

Abacus can manage various types of expenses including travel, meals, lodging, supplies, and other business-related expenditures.

Is there a limit to the number of users on Abacus?

No, Abacus offers scalable pricing plans that can accommodate businesses of all sizes, regardless of the number of users.

What kind of customer support does Abacus provide?

Abacus offers customer support through various channels including email, phone, and a comprehensive online help center with resources and tutorials.

Are there any setup fees for using Abacus?

Typically, there are no setup fees associated with using Abacus; however, specific pricing details may depend on your selected plan.

Can I get a free trial of Abacus?

Yes, Abacus typically offers a free trial period that allows users to explore the platform's functionality before committing to a subscription.

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