Case Study: Upvest accelerates investor reporting and forecasting with Abacum

Upvest cuts investor reporting from over a week to 2–3 days with Abacum

Upvest, a Berlin-based fintech providing investment infrastructure, faced significant challenges scaling its strategic finance operations after its Series C funding. Relying on complex, manual spreadsheet processes for investor reporting and revenue forecasting created inefficiencies and hindered growth. To overcome this, Upvest chose to implement the Abacum platform to establish a more scalable and flexible FP&A foundation.

By implementing Abacum, Upvest automated its actuals synchronization from NetSuite and streamlined its reporting workflows. This solution drastically reduced its investor reporting cycle from over a week to just two or three days, saving hours of manual work each month and enabling faster responses to due diligence requests. Abacum provided Upvest with greater trust in its numbers and freed the finance team to focus on strategic analysis and business partnering.

Upvest