The New York-based startup is competing in the same space as expense report software such as Concur and Expensify. Abacus founders Omar Qari, Ted Power, and Joshua Halickman say their service differentiates by making it easy for managers approve expenses in real-time through its app, instead of in batches at their desks.
You can approve expense 'Reports' through Concur's app, which you likely won't see a manager do more than once a month because your company has the pleasure of paying $11 per report.
Abacus is built to submit and approve expenses in real time, and we'd never charge you for that speed and convenience.
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This just isn't true. You can approve expenses through Concur's app: https://www.concur.com/en-us/mobile
You can approve expense 'Reports' through Concur's app, which you likely won't see a manager do more than once a month because your company has the pleasure of paying $11 per report.
Abacus is built to submit and approve expenses in real time, and we'd never charge you for that speed and convenience.
FUD marketing ,i guess