Abacus

Abacus is a comprehensive real-time expense reporting solution designed to simplify how businesses manage employee reimbursements and corporate credit card reconciliations. By automatically capturing accurate expense data using receipts, card transactions, CRM fields, and geolocation, Abacus ensures complete and precise expense submissions.

The platform automates expense policy enforcement and approval hierarchies, significantly reducing violations and speeding up approval workflows. After approval, reimbursements are processed quickly via direct deposit, enhancing employee satisfaction. Abacus also seamlessly syncs approved expenses with your accounting software, whether using cash or accrual accounting, keeping your books up-to-date continuously.

With custom real-time reporting and budget tracking features, Abacus gives instant visibility into spending trends and helps manage budgets effectively. By removing arbitrary employee-generated expense reports and organizing expenses logically into live reports, it accelerates expense submission and review processes, making financial management effortless.