Abacum vs IBM Planning Analytics
Abacum
abacum.ai
IBM Planning Analytics
ibm.comSide by side
| Figure | Abacum | IBM Planning Analytics |
|---|---|---|
| Price from | — | $875/mo |
| Free plan | — | — |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | — | Yes |
| Linux | — | Yes |
| iOS | — | Yes |
| API | Yes | Yes |
| Self-hosted | — | Yes |
| Plans published | 1 | 4 |
| Spec score · Business Performance Management | 8.2 (#3) | 9.0 (#1) |
| Spec score · Finance Management software | 8.2 (#3) | 8.8 (#1) |
| Spec score · Enterprise Performance Management | 8.2 (#3) | 9.1 (#1) |
| Spec score · Financial Forecasting Software | 8.2 (#11) | 8.9 (#1) |
| Spec score · Management Reporting Software | 8.2 (#5) | 8.9 (#1) |
| Spec score · Budgeting Software | 8.2 (#6) | 9.0 (#1) |
| Spec score · Nonprofit Budgeting Software | 8.2 (#4) | 8.9 (#1) |
| Spec score · Financial Planning & Analysis Software | 8.1 (#16) | 9.2 (#2) |
| Spec score · Scenario Planning Software | 8.1 (#18) | 9.3 (#1) |
| Spec score · Budgeting apps | 7.9 (#13) | 9.1 (#1) |
| Budgeting | Yes | Yes |
| Financial consolidation | Yes | Yes |
| Forecasting | Yes | IBM Planning Analytics provides AI demand forecasting inside the product. |
| Founded | 2020 | 1911 |
| Free plan | No | No |
| Headquarters | New York City, United States | Armonk, New York, United States |
| Purpose | Abacum describes itself as an AI-native FP&A platform that connects source systems, models, and assumptions to help finance teams plan and report. | IBM Planning Analytics is an AI-powered planning and analytics platform powered by the IBM TM1 database that unifies business planning in one governed platform. |
| Scenario modeling | Yes | Yes |
| Support | Abacum says expert onboarding and support are included. | IBM Support provides cases, fixes, technical documentation and known issues for Planning Analytics products, and requires an IBM Customer Number and site-administrator approval. |
| Variance analysis | Yes | Yes |
| Workforce planning | Yes | Yes |
Plans
IBM Planning Analytics
- EssentialsPriced on request
- Essentials$875 a month
- StandardPriced on request
- PremiumPriced on request
In their own words
Abacum
Abacum is an AI-native FP&A platform for finance teams, available through web and API access. Its planning workspace combines actuals, assumptions, forecasts, and scenarios for driver-based plans. Teams can use it for budgeting, forecasting, scenario planning, headcount and revenue planning, investor reporting, multi-entity roll-ups, workforce planning, financial consolidation, and variance analysis. Reporting includes dashboards, continuous reporting, AI summaries, custom visualizations, spreadsheet connectors, and drill-down. Listed AI functions include backsolving, data cleaning and classification, anomaly detection, modeling, scenario planning, and forecasting. Abacum states that it offers more than 700 native integrations across ERP, HRIS, CRM, BI, and billing systems, including NetSuite, Salesforce, Workday, Snowflake, Stripe, Tableau, Google Sheets, and Excel. Google Sheets integration is two-way, while Excel uploads and hybrid-model connections are supported. Pricing is on request and there is no free plan.
IBM Planning Analytics
IBM Planning Analytics has no write-up on Specifiction yet; its figures are above.