Abacum vs XLReporting
Abacum
abacum.ai
XLReporting
xlreporting.comSide by side
| Figure | Abacum | XLReporting |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| Windows | — | Yes |
| macOS | — | Yes |
| Linux | — | Yes |
| API | Yes | — |
| Plans published | 1 | 0 |
| Spec score · Financial Forecasting Software | 8.2 (#11) | 7.3 (#48) |
| Founded | 2020 | 2009 |
| Headquarters | New York City, United States | Utrecht, Netherlands |
| Integrations | Abacum states that it offers 700+ native integrations, including ERP, HRIS, CRM, BI, and billing systems. | Named integrations include Xero, QuickBooks, Exact Online, Twinfield, Visma, Excel, Dropbox, OneDrive, Google Drive, and AWS. |
| Planning | Its planning workspace connects actuals, assumptions, forecasts, and scenarios, and supports driver-based plans. | The platform supports budgeting, forecasting, cashflow planning, multiple budget versions, and review and approval workflows. |
| 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. | XLReporting is an online planning and reporting platform for consolidating, reporting, and forecasting. |
| Reporting | Reporting features include dashboards, always-on reporting, AI summaries, custom visualizations, spreadsheet connectors, and drill-down. | Users can create reports and models without IT expertise and choose from 30 visualization types. |
| Security | Abacum states it is SOC 2 Type II compliant, GDPR compliant, and ISO/IEC 27001 certified. | XLReporting states it is GDPR compliant and ISO 27001:2022 certified. |
| Support | Abacum says expert onboarding and support are included. | All plans include email support and access to the support center and knowledge base; Enterprise plans include direct access to experts for setup help. |
Plans
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.
XLReporting
XLReporting is a cloud planning and reporting platform for finance professionals, with tools for consolidation, reporting, and forecasting. It creates interactive financial and management reports, dashboards, and drilldown views. Teams can build budgets and forecasts with multiple versions, approval workflows, automated consolidation, rolling forecasts, and scenario modeling. Data can come from finance systems, files, cloud storage, databases, and API-connected systems; more than 40 connectors are available. Named finance integrations include Xero, QuickBooks, Exact Online, Twinfield, Visma, and Sage. Plans include 20 standard reports, with extra reports available for purchase; report runs and users are unlimited. It works in a browser on desktop, tablet, and mobile, and supports Windows, macOS, and Linux computers. Pricing starts at €530/mo, with a 14-day free trial and no free plan. XLReporting says it is GDPR compliant and ISO 27001:2022 certified, with EU data centers, encryption, daily backups, and 99.9% uptime.