Case Study: Aiven streamlines budgeting and forecasting with Abacum

How Aiven streamlined budgeting & forecasting with Abacum

Aiven, a fast-growing technology company based in Finland, struggled to manage budgeting and forecasting with spreadsheets. The process caused version control issues, manual errors, and time-consuming work for the finance team, limiting their ability to keep up with rapid growth. To address this, Aiven turned to Abacum’s FP&A platform to centralize financial data and improve planning.

With Abacum, Aiven established a single source of truth for financial data, automated budgeting and forecasting, and moved to quarterly rolling forecasts with far less manual effort. The result was greater efficiency, accuracy, transparency, and stronger collaboration across stakeholders, with the finance team saving significant hours each month and gaining a better foundation for scenario planning and future growth.

Aiven

Kenneth Chen

COO & CFO