Abacum
48 Case Studies
A Abacum Case Study
Liqid Investments, a Berlin-based fintech, faced significant challenges with its fragmented financial planning processes as it scaled. Using manual Excel consolidations across multiple systems, their finance team spent excessive time on reconciliation instead of strategic analysis. They sought a scalable solution from vendor Abacum to automate their FP&A and gain real-time insights for better decision-making.
By implementing Abacum's platform, Liqid automated its monthly reporting and streamlined workflows for performance management, headcount, revenue, and opex planning. The solution provided seamless integration with existing data sources and enabled efficient scenario planning. As a result, Abacum helped reduce manual consolidation time by three to four days per month and shortened the budget cycle from 10 weeks to just 4-6 weeks, empowering the finance team to become strategic partners.