AAbacum provides a financial planning and analysis (FP&A) platform for mid-sized and large enterprises. It helps finance teams automate reporting, analyze data, and forecast with precision by connecting directly to business systems and pulling real-time data. The product automates routine FP&A tasks, enables scenario planning, and lets users define metrics, adjust assumptions, and plan headcount through an intuitive interface. What sets Abacum apart is its focus on real-time data integration and automation within a scalable FP&A platform, designed for enterprises that need reliable, measurable financial planning across multiple industries. The goal is to free finance teams from manual data work so they can concentrate on strategic decision-making and long-term planning, while offering a subscription model that scales with the level of service and number of users.
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Industries
Company Size
51-200
Company Stage
Series B
Total Funding
$92.1M
Headquarters
New York City, New York
Founded
2020
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Total Funding
$92.1M
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Building on Abacum intelligence, Abacum launches Modeler and brings Agentic Modeling to every finance team. Oct 13, 2026, 10:06 ET The AI-native FP&A platform brings expert-grade modeling to every finance team. Describe the plan in natural language, and Modeler builds it on live company data in minutes, calculated by Abacum's Engine and approved by finance. NEW YORK and BARCELONA, Spain, Oct. 13, 2026 /PRNewswire/ - Abacum, the AI-native FP&A platform, today launched Modeler, an AI agent that brings AgenticModeling to finance teams. Starting from natural language prompts or existing spreadsheets, Modeler transforms initial inputs into live, fully functional business models instantly ready for execution. AgenticModeling is a new approach in which finance defines what a model needs to do, and an AI agent builds it. Instead of building a model line by line, teams set the requirements and the agent does the work. It selects the right structure from proven model blueprints, maps it to the company's connected data and lays out the full logic for review. Work that has traditionally taken days or weeks of manual build now takes minutes, and the time it gives back goes where finance teams want it: analysis, scenarios and strategic decisions. That time matters. Building and maintaining models is one of the most time-intensive parts of the finance function, and in most companies the models that do exist live with one or two people. When those people are busy, the business waits. When they move on, every model they own is one resignation away from nobody understanding it. Modeler is built to change both. How Agentic Modeling Works * Build live models in minutes - ask for the model you need, such as "Build me a P&L from my GL data." Modeler scans the company's connected datasets and builds a working model with calculations across actuals and planning versions, ready to plan from day one. * Bring what you've built - upload an Excel file and Modeler reads its lines, sections and totals, then rebuilds that model on the data already connected to Abacum, so teams don't start from scratch. * Approve every plan - before anything is built, Modeler shows the full proposal, variable by variable, with the logic behind each one. Teams refine it in natural language, then approve or reject it. Nothing is saved without approval. * Trust the math -Modeler proposes the structure and logic; Abacum's deterministic calculation Engine performs every calculation, exactly as it does for models built by hand. * Explain any model - ask any model to explain its own logic, line by line: what each variable is, how they connect and how every number is calculated. New team members get up to speed without reverse-engineering someone else's work. * Grow any model - add variables, and add, edit or remove sections in existing models, just by asking. Time back for the work that matters With Modeler, the hours that used to go into building go into using the model. A headcount plan the VP of Finance needs by Friday is ready the same morning. A new revenue model for the board starts as a request, not a blank canvas. A question about how a forecast is calculated gets answered on the spot, without waiting for the one person who built it. Finance teams move faster, and the expertise stays with the team. Commenting on the launch of Modeler, Julio Martínez, Co-Founder and CEO of Abacum, said: "Finance has been told to do more with less for as long as anyone can remember. We think that promise has run its course. Modeler is about doing more with more: more models, built in minutes instead of weeks, by more of the team, with less lift than it has ever taken. The agent does the building, Abacum's Engine still does the math, and finance still approves every model. What changes is how fast you get there, and who gets to build." Martínez continues: "Every finance leader knows the model that lives in one person's head. That isn't a modeling problem, it's a resilience problem. When more of the team can ask for a model, see exactly how it works, refine it with natural language, and ask it to explain itself, the model belongs to the business. That's what AI-native should mean: not AI bolted onto the side of a platform, but a finance team that is AI-native itself." What's next Modeler is the first step in Abacum'sagenticmodeling roadmap. Later this year, it will bring complete workbooks into Abacum, including formulas and multi-tab files, and will extend editing deeper into existing models, so teams can refine what they've built as easily as they create it. Availability Modeler is available today to all Abacum customers as standard functionality, included in the Abacum platform at no additional cost. To see Modeler in action, visit https://www.abacum.ai/product/intelligence. About Abacum Abacum is the AI-native business planning platform. Built first for finance and extended to every department, Abacum holds a company's data, business logic and context in one governed layer, where AI agents and teams plan the business together. Agents own the recurring workflows; people own the judgment. More than 500 customers in over 40 countries run their planning on Abacum, including DISH, ThoughtSpot, Strava, Acorns and Replit. Founded in 2020 and headquartered in New York, with offices in Toronto, Barcelona, Buenos Aires and the UK, Abacum is backed by more than $100 million from investors including Scale Venture Partners, Atomico and Y Combinator. Abacum is ISO/IEC 27001 certified, SOC 2 Type II and GDPR compliant, and is the first new FP&A platform NetSuite has accepted into its Built for NetSuite program in over a decade. Learn more at https://www.abacum.ai/
Abacum, an AI-native financial planning and analysis platform, launched Modeler on October 13, 2026. The AI agent builds finance models from plain-language prompts or existing spreadsheets. Users can ask for a model, such as a profit and loss statement from general ledger data, and Modeler builds it on connected company data in minutes. Work that took days or weeks now takes minutes, the company says. Nothing is saved until finance approves the proposed plan, and Abacum's calculation engine performs every calculation. Modeler can also explain any model line by line and add variables or sections on request. It is free to all Abacum customers. Later this year, Abacum plans to support full workbooks with formulas and multi-tab files. The company has raised more than $100 million from investors including Scale Venture Partners, Atomico, and Y Combinator.
Abacum strengthens its FP&A offering with a new AI-powered analysis feature. Abacum is evolving its FP&A platform with Ask AI, a feature that enables users to query the financial data they can access directly. It provides analyses of variances, trends, spending and performance, while preserving data governance and fostering the autonomy of operational teams. Innovations 11 August 2026 3 min de lecture Finance teams are increasingly called upon to provide rapid analyses to operational managers and executives. To address this pressure, Abacum is evolving its FP&A platform with Ask AI, a feature that enables users to query their financial data directly using artificial intelligence. Analyses directly accessible to users. With Ask AI, Abacum aims to reduce the time Finance teams spend handling recurring analysis requests. Users with the necessary permissions can now ask questions directly from the spaces and dashboards shared with them. The feature can respond to requests relating to performance variances, trends and changes in spending. For example, a manager can seek to understand the main factors behind a monthly change or quickly obtain a summary of their cost center. This approach therefore aims to bring analytical capabilities closer to the teams that use the data on a daily basis, without removing Finance's role in governing it. AI integrated into the financial context. One of the features highlighted by Abacum is how the AI operates within the data scope accessible to each user. Responses are therefore linked to the spaces and tables to which the user already has access. This approach should enable companies to expand the use of AI in their financial processes while maintaining control over the information available to each profile. For Finance teams, it may also reduce ad hoc requests that typically require manual extraction, verification and analysis. Ask AI also offers several types of analysis. At the space level, users can obtain executive summaries, performance checks and trend analyses. At the table level, the feature can be used to analyze variances, identify contributions to a change or spot certain atypical items. Towards more autonomous FP&A. This development is part of a broader trend in the FP&A market: making financial data accessible to more users while maintaining a governance framework. Abacum is therefore positioning artificial intelligence as an analytical layer integrated into the platform, rather than as a separate tool. Teams can ask their own questions and, according to Abacum, integrate the results obtained directly into their workspace. The challenge is also organizational. When operational managers can obtain certain answers themselves, Finance can devote more time to analysis, planning and supporting strategic decisions. A new step for FP&A platforms. With Ask AI, Abacum is therefore continuing its evolution towards FP&A that is more connected, collaborative and AI-assisted. The platform aims to bring data, planning, reporting and analysis together in a single environment. This direction primarily illustrates a gradual transformation in the role of FP&A tools: they are no longer used solely to produce budgets, forecasts or reports, but also seek to enable users to understand more quickly what is happening in the company and why. For Finance departments, the question will now be how to strike the right balance between user autonomy, analytical speed and data control. It is precisely at this convergence that new AI features in FP&A platforms aim to position themselves. VOTRE CONTEXTE · VOTRE DÉCISION Besoin de trouver vous aussi votre solution? EPM Scan Pro confronte vos processus, votre organisation, vos contraintes et votre budget aux solutions du marché pour transformer la veille en décision structurée. POURSUIVRE LA VEILLE À lire aussi. DE LA VEILLE À LA DÉCISION Comprendre le marché est une étape. Choisir ce qui est juste pour votre organisation en est une autre. Utilisez EPM Scan Pro pour structurer votre benchmark ou contactez Pilotia pour challenger votre trajectoire avant d'engager votre organisation.
AccountsIQ and Abacum partner to launch ai-powered finance stack for mid-market businesses. Quick summary. AccountsIQ and Abacum have formed a strategic partnership to provide mid-market businesses with an integrated AI-powered finance stack. By combining cloud accounting with advanced FP&A tools, the collaboration eliminates manual spreadsheets, enabling automated real-time financial forecasting and multi-entity consolidation for over 35,000 global users. How does the AccountsIQ and Abacum partnership benefit finance teams? The integration of AccountsIQ and Abacum addresses the critical need for automated data flows in mid-market organizations. By linking multi-currency cloud accounting directly to an AI-native FP&A platform, finance professionals can transition from simple record-keeping to strategic business planning without the risk of manual entry errors. Key benefits include: * Automated reporting that replaces traditional, error-prone spreadsheets. * Real-time decision-making powered by actuals flowing directly from accounting to planning modules. * Multi-entity consolidation with built-in FX conversion for international operations. This AI-powered finance stack allows teams to focus on high-value analysis rather than data gathering, significantly reducing the time spent on monthly reporting cycles. What results has this integrated technology delivered? Early adoption by firms like investment bank GP Bullhound demonstrates the practical impact of this cloud accounting integration. The bank utilized a custom connector to manage its multi-entry structure, replacing manual uploads with automated synchronization. The partnership leverages Abacum's platform, which has secured $90 million in funding, to serve customers across more than 30 countries. AccountsIQ brings a robust infrastructure supporting 35,000+ users and 30+ technology integrations, ensuring that financial intelligence is scalable for high-growth companies. How does this move the needle for ai-powered finance? The shift from backward-looking reporting to forward-looking strategic planning is the core value proposition of this alliance. By acting as an intelligence layer, Abacum transforms raw data from AccountsIQ into actionable insights. This partnership is specifically designed for modern European businesses looking to scale with confidence by utilizing clean, consolidated numbers across complex global operations. Ff news take: This partnership definitely moves the needle for the mid-market. While enterprise-level firms have long enjoyed integrated AI-powered finance stack solutions, mid-market players have often been stuck between basic accounting software and manual spreadsheets. By bridging the gap between cloud accounting and sophisticated FP&A, AccountsIQ and Abacum are democratizing high-end financial intelligence, making real-time financial forecasting a standard requirement rather than a luxury for growing businesses. Featured speakers.
Abacum, an AI-native financial planning and analysis platform, has achieved "Built for NetSuite" status for its SuiteApp. The application, developed using Oracle NetSuite's SuiteCloud Platform, helps organisations streamline financial workflows and simplify planning processes. The SuiteApp synchronises NetSuite data to automate forecasting and scenario analysis whilst increasing visibility across finance, revenue, and operations teams. It combines NetSuite's cloud ERP system with Abacum's AI planning capabilities to improve the speed and accuracy of budgeting and forecasting processes. The Built for NetSuite programme verifies that applications meet NetSuite standards and best practices, providing customers additional confidence in approved SuiteApps. The certification represents a milestone for Abacum as it helps finance teams integrate AI tools with existing workflows and reduce manual data integration.
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Industries
Company Size
51-200
Company Stage
Series B
Total Funding
$92.1M
Headquarters
New York City, New York
Founded
2020
Find jobs on Simplify and start your career today