Most popular features of all Finance & Accounting apps
Requires iOS 9.0 or later. Compatible with iPhone, iPad, and iPod touch.
25 reviewers had the following to say about Abacus's features:
Pros
The website and mobile app are user-friendly, which is the biggest pro.
Cons
I think our only con so far is that the system does not integrate with our accounting software as we were told it would.
Rating breakdown
Time used: Less than 6 months
Frequency of use: Daily
If you're still using manual expense reporting, then you need to block off an hour today and implement Abacus immediately.
We recently transitioned from a method of expense filing via Excel Spreadsheets, to using Abacus and I couldn't be happier with the expediency and ease of use of the platform.
Pros
The design is clean and neat, and it goes right to my CFO for fast approval of the items I expense for work.
Cons
I usually like to have all notifications cleared as they come in, and I can't figure out what the red bubble is for.
Rating breakdown
Time used: 6-12 months
Likelihood to recommend
Recommendations to others considering Abacus
Make sure your CFO or whoever takes care of financials for your company is on top of things. When my CFO approves expenses right away, the money is in my bank the next day. If it sits over the weekend, it will take longer to approve and end up in your bank account.
Pros
We were able to use it to shorten our expense process drastically.
Cons
I really have few cons for the software. I think it would be nice to see more instructional videos that we could share with our sales team so that we did not have to explain the software to them. That being said, the software is intuitive and we had few problems helping everyone get up to speed. All in all, there is little to complain about considering how much bang you get for your buck.
Rating breakdown
Time used: 6-12 months
Frequency of use: Daily
Likelihood to recommend
Pros
The interface is easy to use and expensing on this system is very quick.
Cons
It would be good on the dashboard to see what the expenses have been paid, not just how much has been aggregated.
Rating breakdown
Time used: Free Trial
Frequency of use: Weekly
Likelihood to recommend
Pros
UI is good Linked to vast database of clients Advancement is applied Summarized info can be utilized in better way
Cons
Selection of data fields could be more as as per the categories.
Rating breakdown
Time used: 6-12 months
Frequency of use: Other
Likelihood to recommend
It has revolutionized the way we handle expense reports and the speed with which we are able to get our employees the money they deserve.
Pros
Abacus is an interesting tool and definitely innovates within the space. It has helped many people with its work.
Cons
Although it helps people, the UI can always use some improvement to keep it from being slow.
Rating breakdown
Time used: 6-12 months
Frequency of use: Monthly
Likelihood to recommend
Pros
Abacus has revolutionized the way and the speed with which we are able to handle expense reporting and reimbursement.
Cons
I honestly have no concerns. Any issues that I have had were have taken care of in a timely manner. I do wish they would work out deals with more credit card providers, but I hear that is coming soon.
Rating breakdown
Likelihood to recommend
Recommendations to others considering Abacus
If you are looking for a quick, easy, and accountable way to handle expense reports, this is it!
Pros
Each transaction also has the documentation we need for our annual audit since we're a nonprofit.
Cons
There's absolutely nothing I don't like! I was expecting customer service to be less-than-great, since I work for a small nonprofit organization (read: low revenue for developers) but it's been exceptional.
Rating breakdown
Time used: 6-12 months
Likelihood to recommend
Recommendations to others considering Abacus
We chose Abacus because it does away with the concept of monthly expense reporting, and prioritizes getting money back to our employees as quickly and easily as possible. Other companies might have different priorities to consider, or might need that structure of a monthly report.
I'm submitting expenses before I get up from the table of the meal that I'm expensing. Super easy for our finance team to review and I have money in my bank account in a few days.
The product makes it so easy for our people to report/ track their expenses and then of course its insanely easy for me to approve the expenses without having to ask a ton of questions or look through a lot of receipts.
This software tremendously helps the accounting team at our Firm.
Pros
It's extremely easy to navigate your way throughout the site, and it takes only a few seconds to upload images of your receipt/add a quick description of your expense. I also like that you can create different categories and can require specific fields to be answered.
Cons
My least favorite thing about this product is just the price, honestly. I feel it is a bit high, but the product is great and the customer service is very helpful, so all in all it's worth the money.
Rating breakdown
Time used: 6-12 months
Frequency of use: Daily
Likelihood to recommend
Pros
Very easy to use, very easy to teach employees to use
Cons
Unable to customize export file before downloading to CSV.
Rating breakdown
Time used: Less than 6 months
Likelihood to recommend
Recommendations to others considering Abacus
Comparing price and features, Abacus definitely came in at the top for us, and they have been a really great choice.
One of my favourite features would be the ability to quickly filter expenses and generate exports. Their .PDF export is great as it provides a table breakdown of all the expenses as well as all of the receipt images associated with the expense.
Pros
Also enjoy the design of the interface and its aesthetically pleasing appearance.
Cons
Really nothing. It does everything I need it to, easily. Maybe make the charts section a little more detailed. Looks pretty basic.
Rating breakdown
Time used: Less than 6 months
Likelihood to recommend
Recommendations to others considering Abacus
Follow the directions and click around a bit before submitting a support ticket.
Pros
The app is lite (it doesn't take much space) and it seems to do all of the basics from travel to reimbursement management.
Cons
The app struggles with things it claims to do and has some "advanced" things it apparently cannot do. For instance, connecting a credit card says the app will recognize expenditures for approval later, but so far nobody in our office has been able to make that work. It would also be nice to not have so much downloading, saving, then re-uploading to Abacus (regarding receipts) - other apps do this without saving on your personal machine at all.
Rating breakdown
Time used: 6-12 months
Frequency of use: Weekly
Likelihood to recommend
Having come from a few corporate gigs, and suffering through their frustrating and antiquated expense systems, Abacus was a breath of fresh air.
Pros
Abacus is a extremely useful expense software with ability to drag images from the platform and also can download images from the phone app.
Cons
The aggregate expense with outstanding amount shall be displayed on home page that will be very helpful for any user.
Rating breakdown
Time used: 1-2 years
Frequency of use: Weekly
Likelihood to recommend
Pros
Simplicity and ease of use along with the timeliness of payments.
Cons
There is nothing that I would change about this platform.
Rating breakdown
Time used: 6-12 months
Likelihood to recommend
Recommendations to others considering Abacus
I have used other platforms that are way complicated with too many bells and whistles that make the whole user experience too complicated.
Pros
This is great software to quickly track and approve an employee's expenses.
Cons
I currently do this, but it seems that it could be done much easier.
Rating breakdown
Likelihood to recommend
Recommendations to others considering Abacus
It's user-friendly. We currently only have one employee using this software and me approving expenses.
Pros
It's unbelievably easy to use and both their website and their mobile app are clean, intuitive and get out of my way.
Cons
I've had the mobile app crash a few times or just become unresponsive, but this is so inconsistent that I don't really think I've ever been inconvenienced by it.
Rating breakdown
Time used: 6-12 months
Frequency of use: Monthly
Likelihood to recommend
Pros
(also enjoy how it ties to your phone) Also like the opportunity to import templates from Microsoft Word.
Cons
There needs to be a longer character limit while writing in the cases. There needs to be better saving options while saving Microsoft and any pds. They are limited.
Rating breakdown
Time used: Less than 6 months
Likelihood to recommend
Recommendations to others considering Abacus
Take advantage of the technical support. It is very helpful and reliable.
