- #Abacus expense management office address android
- #Abacus expense management office address software
And the Android mobile app, though very easy and intuitive to use, is in effect little more than a way to capture and submit receipts. Abacus can track mileage, for example, but you have to input miles driven manually, rather than having the mobile app calculate them for you using Google Maps and GPS. Nevertheless, the user experience is not quite as comprehensive as that of rivals like Certify. dollars, using the conversion rate on the day of the transaction. For those travelling abroad for business, Abacus supports multi-currency, and will automatically convert any foreign expense into U.S. Creating expense reports just gets in the way.įor users, then, Abacus is a very solid solution. Let’s face it, what users want most of all is quick and easy reimbursement for money spent on company business. For users, the nice thing is that you can simply submit the receipt, without having to attach it to an expense report. K1's investments vary in the level of ownership in order to meet the needs of entrepreneurs and managers.Submitting expenses with Abacus is certainly quick and largely painless. K1 typically invests alongside strong management teams that continue to guide their organizations on a day-to-day basis.
K1 seeks to help dynamic businesses achieve successful outcomes by identifying and executing organic and acquisition-based growth opportunities that position its companies as industry leaders.
#Abacus expense management office address software
K1 is an investment firm focusing on high-growth enterprise software companies globally. For more information about Certify, please call 207.773.6100 or go to About K1 Investment Management Today, Certify operates all three brands with unique online travel and expense management solutions for different customer segments its rapidly growing customer base includes over 10,000 customers in 90+ countries. Learn more at About Certify Inc.Ĭertify was founded in 2008 in Portland, ME and in 2017 was purchased by K1 Investment Management and combined with Nexonia and Tallie Brands to create the largest independent global provider of travel and expense management software. Businesses like Quora, Dropbox and California Closets use Abacus as a smarter way to manage expenses. It is the easiest way for you to reimburse your team, implement your expense policy, and reconcile corporate credit cards throughout the month. “We are excited to see Certify expand its position as the largest independent provider of travel and expense management software by adding Abacus’ leading edge technology to its portfolio.”Ībacus is the leading real time expense reporting solution. “K1 is committed to investing in companies and technologies that have achieved significant success in the market and are clearly positioned for explosive long-term growth,” says Hasan Askari, Managing Partner of K1 Investment Management. Omar and his team have done a tremendous job building Abacus and we look forward to helping them continue to grow their business while enhancing Certify’s leadership position in the spend management space.” “The company’s real time expense management solution is unlike anything else in the marketplace.
“Acquiring Abacus strengthens and expands our management team, product set and domain knowledge,” says Robert Neveu, founder and CEO of Certify.
“Learning more about how aligned our vision is with Certify’s helped us realize that the fastest way to achieve our goals was to join their organization.” Teaming up with Certify will give our team the opportunity to grow Abacus’ market presence by leveraging Certify’s resources and expertise,” says Qari, CEO of Abacus. “We are thrilled to join Certify’s family of brands. Abacus’ technology suggests expenses to users by leveraging data and previous behavior, bypassing the traditional expense report to provide real time visibility into company spend while minimizing the opportunity for error. Adding Abacus to its product portfolio allows Certify, which already supports more than 10,000 enterprise, mid-market and SMB customers in North America, to accelerate its growth and serve a more diverse range of customers as the largest independent provider of travel and expense management software.Ībacus, founded in 2013 by Omar Qari, Josh Halickman and Ted Power, introduced the first real time expense reporting methodology to the marketplace and has seen significant growth, today serving more than 1,000 customers such as Betterment, GLG and North American Substation Services. Certify, which was purchased last year by K1 Investment Management and merged with Nexonia, ExpenseWatch and Tallie, is taking a unique, multi-brand approach in its effort to change the expense management landscape. Financial terms of the deal are not being disclosed. 02, 2018 (GLOBE NEWSWIRE) - Certify announces the acquisition of Abacus, the leading real time expense reporting solution.
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