Abacus Research Strengths, Domain Expertise, and Key Differentiators
Abacus is a Swiss software company with an owner-managed structure and a workforce of approximately 700 professionals. With over 35 years of experience, the company specializes in developing comprehensive ERP software solutions tailored to various business domains, including finance, human resources, administration, sales, production, and services.
The Abacus Business Software encompasses a comprehensive ERP solution designed for small and medium-sized enterprises. It comprises software modules for diverse business functions, including invoicing, order processing, production planning and control, service and project accounting, contract management, CRM, financial accounting, asset management, payroll, and human resources. Additionally, it offers integrated features like cost accounting, archiving, electronic banking, information management, e-commerce, and e-business.
Abacus Research Recent Developments
In March 2022, Abacus introduced the Abacus Debit Business Visa Card, leveraging technology from Swiss fintech YAPEAL. This free card streamlines expense reporting and payment transactions. Concurrently, Abacus expanded its ownership stake in YAPEAL, becoming its majority shareholder.
In September 2021, Abacus Research AG invested CHF 1.5 million in Tayo SA, a real estate software manufacturer based in western Switzerland. The goal of this strategic partnership is the optimal interaction between Tayo's platform and the real estate management software AbaImmo.
Abacus Research Mergers and acquisitions (M&A) Activities
Abacus plans to take over Umantis, a subsidiary of the German Haufe Group and a leading HR software company. This strategic acquisition positions Abacus to broaden its product portfolio and extend its market reach, particularly in Germany and Austria.
Abacus Research Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Abacus Research applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Abacus Research and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Abacus ERP, Abacus HR, Abacus CRM, Abacus Project Management, Abacus Fleet Management, Abacus Service Management, AbaBuild, AbaÂFiduÂciary, AbaRealEstate, AbaGovernment, AbaEnergy customers.
Abacus Research Overview
Ownership: - x
Number of Employees: 723
Functional Market: Absence and Leave Management, Task Management, Time and Attendance, Core HR, Payroll, Recruiting, Applicant Tracking Systems, Performance Management, Compensation,
Key Verticals: Construction, Real Estate, Federal Government, State and Local Government, Public Safety, Healthcare, Hospitality, Professional Services, Utilities,
Abacus Research Key Cloud and HCM Applications
Abacus ERP, Abacus HR, Abacus CRM, Abacus Project Management, Abacus Fleet Management, Abacus Service Management, AbaBuild, AbaÂFiduÂciary, AbaRealEstate, AbaGovernment, AbaEnergy
Abacus Research HCM and Cloud HCM Applications Revenues, $M:
Type/Year | 2022 | 2023 | YoY Growth, % |
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Total Revenues, $M | Subscribe | Subscribe | Subscribe |
HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Abacus Research Revenue Breakdown by Type:
Abacus Research HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2023 HCM Revenues, By HR Segment, $M | |
Abacus Research HCM Applications Revenues By Verticals, $M:
Abacus Research Total and HCM Applications Revenues by Region:
Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 HCM Applications Revenues, $M |
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Americas | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe |
Abacus Research Direct vs Indirect sales
Region | Direct Sales | Indirect Sales | Total |
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Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
Abacus Research Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Abacus Research Customers
No. of Abacus Research Customers: 65000
No. of Abacus Research HCM Applications Customers: x
No. of Abacus Research Cloud HCM Customers: x
No. of Abacus Research Cloud HCM Subscribers: x
Starting January 1, 2025, Walo Bertschinger, a prominent Swiss construction company, will transition exclusively to Abacus solutions. They will implement AbaBau, Abacus Research's specialized industry solution, to streamline their operations.
Abacus Research's extensive client base of 60,000 across Europe provides valuable insights into diverse industry landscapes and market trends, offering significant opportunities for analyst relations and industry analysis.
Abacus Research Market Opportunities, M&A and Geo Expansions
Abacus software boasts an impressive track record, with over 100,000 modules sold and adoption by over 65,000 Swiss businesses monthly. This usage translates to the generation of 800,000 pay slips and the recording of 170,000 accounting entries, showcasing its widespread utility and reliability in the business landscape.
BDO stands out as one of Abacus's prominent clients, utilizing the software extensively for client accounting, thereby representing the largest user of the software in Switzerland.
Abacus Research Risks and Challenges
The company's exclusive focus on operations within the EMEA region, particularly in Switzerland and Germany, poses a risk and a challenge to its ability to attract clients from other global regions.
Abacus Research Ecosystem, Partners, Resellers and SI
In January 2023, Abacus expanded its partner network by incorporating Prime Technologies. Based in Bussigny and Le Noirmont, Prime Technologies specializes in providing solutions tailored for municipalities, energy service providers, and public services.
The company collaborates closely with trusted partners to provide guidance and support throughout the planning and implementation stages of the Abacus Business Software. Notable partners include Aandarta, Systeo, Sinventics Consulting, Xerxes, Visita Treuhand, Truvag, Prime Technologies, Orbeco Unternehmensberatung, OFISA Informatique, Mazars, Grant Thornton, InterBit, Esolva, Data Service, Bullinger Software Systems, Axept Business Software, and many more.
In addition to its headquarters in Wittenbach, Abacus Research maintains branches in Biel, Geneva, Winterthur, and Lugano. Furthermore, it has established a presence in Germany, with offices located in Munich, Hamburg, and Waiblingen.
In September 2021, Abacus Research made a CHF 1.5 million investment in Tayo SA, a leading real estate software manufacturer headquartered in western Switzerland. This strategic partnership aims to enhance the seamless integration between Tayo's platform and AbaImmo, the real estate management software developed by Abacus.
Abacus Research Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- Abacus Research Public Cloud and Infrastructure (IaaS)
- Abacus Research Platform (PaaS)
- Abacus Research Application Delivery
- Abacus Research Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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