We are thrilled to announce a strategic partnership between Abacum and Rillet, a modern Enterprise Resource Planning (ERP) system. This collaboration brings together two modern, AI-driven platforms to empower hypergrowth startups and mid-market companies with streamlined financial operations, enhanced decision-making, and actionable insights.
Modern and AI-Driven Finance and ERP Solutions
Both Abacum and Rillet are at the forefront of leveraging AI to transform financial management:
Abacum’s AI Capabilities: Abacum Intelligence integrates AI and machine learning to enhance modeling capacity, provide faster insights, and automate tasks such as forecasting, data classification, and anomaly detection. This enables finance teams to make data-backed decisions quickly and efficiently.
Rillet’s AI-Powered ERP: Rillet is a next-generation ERP that automates accounting workflows, eliminating the need for manual data entry and spreadsheets. It processes 93% of journal entries without human intervention, allowing finance teams to focus on strategic initiatives. Rillet integrates seamlessly with CRM, billing, AP, and payroll systems, providing real-time financial insights and supporting a zero-day close.
Integration Highlights
Abacum explicitly supports Rillet as a strategic ERP integration, enabling direct data flow between the two platforms. This allows finance teams to:
Sync live financial data (e.g., invoices, revenue recognition) from Rillet’s AI-powered accounting system into Abacum’s FP&A workflows.
Automate consolidations for multi-entity or multi-currency operations managed in Rillet, feeding cleansed data into Abacum’s forecasting models
Department budgeting: Allocate resources across teams by importing Rillet's entity/currency-specific financials into Abacum’s collaborative planning workflow.
Variance analysis: Automate Rillet-to-Abacum actuals-vs-budget comparisons with customizable BvA dashboards tracking ARR, NRR, and operational metrics.
AI-driven forecasting: Feed Rillet’s AI-generated revenue recognition summaries into Abacum’s planning engine.
Real teams, real benefits
This joint solution is built for modern finance organizations that care about accuracy, speed, and clarity:
FP&A teams can focus on strategic planning instead of spreadsheet maintenance
Controllers and accountants trust that the numbers match the books, with clear auditability
CFOs and execs make faster decisions with real-time visibility into metrics, forecasts, and runway
What’s Next?
This partnership represents a new standard for mid-market financial operations, combining Rillet’s ERP mastery with Abacum’s FP&A innovation. Both platforms will continue refining the integration based on user feedback, ensuring it evolves with the needs of growing businesses
