Abacus

Web and SaaS

expense reporting

SHOW HN2014

120points
66comments
#227of 2,272 in 2014
Top 10%of 2014 by points

How HN took it

MixedNo clear lean

19 positive, 21 neutral or asking, 0 mixed, 4 critical, out of 44 comments about the project. Thread score +0.32.

Idea: 9 for, 1 againstExecution: 6 for, 1 againstDesign: 2 for, 1 againstPricing: 1 for, 1 against

The thread, comment by comment

Each row is a top-level comment and its replies, in HN's order. Select a cell to open that comment on HN.

positive neutral or mixed critical about another commenter or something else the maker

What HN said

What people liked

  • Fast, simple submission and reimbursement directly to bank

    From 4 comments
    • As the poor soul who covers finances at our startup I positively love Abacus - and I've craved a solution like this for years... expense reports, receipts, etc are a never ending…
      btrautsc on HN
    • I use Abacus and dig it. Super quick way to submit expense reports and actually get the money transfer happening in one step. Makes managing a small business that much easier.
      brianballan on HN
    • I've been using Abacus for the last ~2 months, and it's been amazing. Thank you guys so much for making it! I'm so happy to not have to deal with expensify (or worse) anymore.…
      nicoles on HN
    • I think the best way to sum up Abacus is, "Expensify, but way easier to use." The UX is only what you need and nothing else. It's goof proof and just works, that I feel is the…
      gmartire on HN
  • Easier to use than Expensify

    From 2 comments
    • I think the best way to sum up Abacus is, "Expensify, but way easier to use." The UX is only what you need and nothing else. It's goof proof and just works, that I feel is the…
      gmartire on HN
    • I've been using Expensify for 2+ years and I just started using Abacus. The core value proposition of the two products are significantly different. Expensify makes the "old…
      jason_wang on HN

Objections

  • US-only for now due to ACH payments

    From 1 comment
    • Unfortunately Abacus is US-only for now, because the ACH network we use for payments is US only, and there's a lot of variation in payments country to country. Sorry to hear…
      tedpower on HN
  • No mileage tracking or split receipt handling

    From 1 comment
    • Thanks for the feedback — Receipts aren't required. If you're worried about an IRS audit it's important to have receipts (images) for transactions over $75, but for anything…
      tedpower on HN
  • Terms of service language about visiting the site is overbroad

    From 1 comment
    • I'm curious about: https://www.abacus.com/tos "BY REGISTERING FOR AND/OR USING THE SERVICES IN ANY MANNER, INCLUDING BUT NOT LIMITED TO VISITING OR BROWSING THE SITE, YOU AGREE…
      protomyth on HN

Requests

  • Credit card and bank feed integration

    From 2 comments
    • Great idea, right now we only support manually entered expenses but next up on our roadmap the ability to link in your credit card to do this exact thing.
      jhalickman on HN
    • Thanks Trey! Most of our early customers are ~5-100 employee companies. Right now most of our customers are other startups because that's who we know, but we're excited to expand…
      tedpower on HN
  • GPS mileage tracking

    From 2 comments
    • I'm intrigued. We use expensify and it's been bar-none the easiest to use expense reporting system I've ever used. At my old startup we did everything via a pre-setup excel sheet…
      bane on HN
    • > Receipts aren't required. If you're worried about an IRS audit it's important to have receipts (images) for transactions over $75, but for anything under that it's up to the…
      bane on HN
  • Quickbooks and Xero sync

    From 1 comment
    • Thanks Trey! Most of our early customers are ~5-100 employee companies. Right now most of our customers are other startups because that's who we know, but we're excited to expand…
      tedpower on HN

Questions

  • How does it differ from Expensify and Concur

    From 2 comments
    • How is this different from expensify? Expensify uses the slogan "Expense reports that don't suck." You are essentially trying to do the same thing here. What are your main…
      wurzelgogerer on HN
    • Interesting! Is this similar to Concur?
      ismaelc on HN
  • Is it available outside the US

    From 1 comment
    • So, I'm currently (for roundabout 3 to 4 weeks) unable to submit my expense report. The reason? The regulation/laws changed in 2014 and the software my employer is using is not…
      darklajid on HN

Alternatives named

  • Expensify

    From 2 comments
    • How is this different from expensify? Expensify uses the slogan "Expense reports that don't suck." You are essentially trying to do the same thing here. What are your main…
      wurzelgogerer on HN
    • I'm intrigued. We use expensify and it's been bar-none the easiest to use expense reporting system I've ever used. At my old startup we did everything via a pre-setup excel sheet…
      bane on HN
  • Concur

    From 3 comments
    • Interesting! Is this similar to Concur?
      ismaelc on HN
    • How do you compare to big players in the market like Concur, which has these features?
      dkoch on HN
    • concur.com - mostly with the mobile app, but the web app is also very usable.
      sc00ter on HN

Category, keywords, summaries and labels on this page were made by AI (Thread Reader v2) and not checked by hand. Each point links to the comments it came from.

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