1. Discover
  2. Bills and expenses
Expenses without the report. You submit your expenses as you go, and get paid back right away with direct deposit into your bank account.
Overview

Abacus is a real time expense reporting solution that automates expense creation and approvals. It is the easiest way for you to reimburse your team, reconcile corporate credit cards, and implement your expense policy.

CAPTURE ACCURATE EXPENSE DATA FROM EMPLOYEES
Abacus drafts expenses using reliable data sources such as receipts, card transactions, past behavior, CRM fields, and geolocation to ensure records are complete and accurate.

AUTOMATE YOUR EXPENSE POLICY AND APPROVAL HIERARCHY
Policy rules are applied before expenses can be submitted in order to reduce violations. Routing rules then automatically send the expense to the best suited approver.

FAST REIMBURSEMENTS WITH DIRECT DEPOSIT
Once an expense is approved, Abacus handles the reimbursement and direct deposits into the employee's bank account.

CONTINUOUS ACCOUNTING SYNC
Sync expenses into your accounting software using either cash or accrual method as they are approved so that your books are always up-to-date.

INSTANT VISIBILITY INTO SPENDING AND BUDGETS
Build custom analysis reports with real time data to help you identify trends and manage budgets.

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Abacus + Xero

By integrating Abacus’ real time expense reporting software to Xero, customers are able to keep their books up to date with employee expenses being continuously synced and automatically matched to transactions in their bank feeds.

Abacus is a simple but powerful tool that helps reduce employee errors, automate your expense policy, and reduce review time. Reimbursable and corporate card expenses are indexed in the Abacus engine by their contextual information, allowing you to customize your approval workflow and create more meaningful reports out of expense data.

Reviews & ratings

4.3
6 Reviews
5 star
(75%)
4 star
(0%)
3 star
(0%)
2 star
(25%)
1 star
(0%)
JJ
Jerry Johnson
Posted
The UI in Abacus is nice and the integration works as advertised. But Abacus' expense import algorithms are fairly buggy. Some expenses appear twice while others appear to not import at all. The mapping of credit cards is quite painful and seems to double up for no apparent reason. We'll continue using for a while in hopes that they fix up these issues, but you test the app heavily before rolling it out.
PR
Philip Radford
Posted
Simple app, could integrate with tags, categories, and budget lines before even Expensify could. Great, inexpensive, VERY intuitive tool that is robust but shockingly simple.
OQ
Omar Qari
Posted
Hey Kelly, I completely hear where you're coming from and just so you know, we're in the process of building a new Abacus accrual accounting sync to Xero, where each expense will be able to sync in with the exact vendor as well as transaction date into the system, which will allow you to do exactly that kind of reporting - stay tuned!
Additional info

App details

Added in 2014

Countries

United States

Languages

English

Support

Setup walkthroughIntegration walkthrough

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