Case Study: Leapsome cuts investor reporting time by 80% with Abacum

Leapsome cuts investor reporting time by 80% with Abacum

Leapsome, a growing company, faced significant challenges with manual financial reporting and consolidation after expanding into the US. As the first full-time finance employee, Senior Finance Manager Franziska found the process of preparing reports in Google Sheets for investors and internal use to be highly time-consuming and prone to error. This created an urgent need for an automated FP&A solution, leading them to the vendor Abacum.

Abacum provided a solution with its user-friendly interface and seamless integration with Leapsome's accounting system. The implementation automated FX conversion and streamlined data integration from all entities. As a result, Abacum helped Leapsome cut investor reporting time by 80%, eliminate manual currency conversion, and free the finance team to focus on strategic analysis and decision-making.

Leapsome