Case Study: Cortex achieves faster finance planning and reporting with Abacum

Cortex cuts reporting time by 70% with Abacum

Cortex, a Series C enterprise software company, faced challenges scaling its manual finance operations as it grew rapidly. Its finance team, led by VP of Finance and Operations Evan Pincus, struggled with tedious spreadsheet-based processes for FP&A, headcount forecasting, and reporting, which were slow and produced untrustworthy data. To centralize its data and enable real-time planning, Cortex selected the Abacum platform for its fast implementation and flexible data model.

By implementing Abacum and integrating it with systems like QuickBooks and Rippling, Cortex achieved massive efficiency gains. The solution enabled 50% faster budget cycles, 100% adoption from budget owners, and cut reporting time by 70%. The finance team of just two built a sophisticated FP&A function, saving days or weeks on processes that now take minutes and allowing them to focus on strategic business drivers.

Cortex