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What's new in Abacum

See the latest new features, improvements, and product updates

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📅 Weekly models: plan your cash week by week
NewModellingSettings
3 weeks ago

📅 Weekly models: plan your cash week by week


A business can look healthy on a monthly view and still run short of cash in the middle of the month. Build weekly models right next to your monthly ones and see those gaps coming.

What's new
When you create a model, you can now choose Weekly instead of Monthly. A weekly model shows one column per week and rolls up into months, quarters and years, so you see the weekly detail and the bigger picture in one place. It's built for the 13-week cash flow forecast, and works just as well for weekly revenue or weekly KPIs.

Weekly models work with the rest of Abacum. You can enter weekly inputs, pick the exact week your forecast starts, feed weekly numbers into your monthly P&L, and report by week with the new Next 13 weeks and Week to date time frames.

How it works
Weeks follow your organization's calendar: the day your week starts and how weeks group into months. A model's timescale is set when you create it, so use Weekly for cash and short-term planning and Monthly for everything else. Your existing models stay monthly. Formulas work as usual, with t-1 meaning last week: Opening Cash = Closing Cash.t-1.

Try it now

  1. Check your week calendar in Company settings → Configuration.
  2. Create a new model and choose Weekly.
  3. Add your variables, or follow the 13-week cash flow tutorial step by step.

Available for all organizations. Full guide in the Academy.

NewSettings
2 years ago

Activity Ledger

What's new?

We're pleased to introduce our enhanced audit log for tracking forecast adjustments. Now, every budget modification is going to be recorded, enhancing both accountability and accuracy in forecasting. 

Why is this feature important?

Our users have expressed the need for better oversight and control over their Version data. So our commitment to transparency continues as we recognize the necessity for improved tracking capabilities.


How does it improve your experience?

Admin users are now able to monitor changes made by every budget owner. Now, you can track a variety of events in your Versions, such as: 

  • Upload manual inputs
  • Edit manual inputs
  • Import Actuals
  • Replace manual inputs with formulas
  • Create, delete, and duplicate versions
  • Rename and edit version periods
  • Lock, unlock, set as active, or set as inactive versions


Note: While some events may not currently appear in the Activity Ledger, we are actively working to include them in the coming days. Moreover, this feature is currently undergoing a phased rollout. If it isn't visible yet in your instance, expect it to be available soon.  


NewSettings
3 years ago

Coming soon: Abacum's new sidebar navigation

We're excited to announce the release of our new navigation sidebar on July 3rd.

With the new sidebar, you'll be able to navigate directly to resources and have more space to analyze your data, helping you to gather insights faster.

Some of the highlights of our new sidebar include:

  • An improved interface that maximizes screen space
  • Ability to pin or unpin the sidebar for a customized experience
  • Improved navigation for direct access to resources

We've been working hard to make this update as seamless as possible, with a focus on improving user experience and making it easier for you to get the most out of Abacum.

As always, we value your feedback and suggestions on how we can continue to improve our product. We're confident that this update will help you analyze your data more efficiently than ever before.

Please feel free to reach out to us with any questions or comments.

NewSettings
3 years ago

Emojis on Spaces are now optional

We understand that while emojis can add a fun and playful element to your Spaces, they may not always suit all audiences. 

Starting today, you can choose whether or not to include emojis on Spaces titles.

To turn off emojis, simply navigate to your company settings and toggle off the option that says "Emojis."Â