You can find life sciences financial planning tools by matching your finance need to a category: FP&A platforms for runway and program cost, accounting systems for actuals and spreadsheets for ad hoc analysis. Abacum is the AI-native business planning platform for scaling enterprises. It brings all your data, business logic and business context into one governed place. This directory shows where to look for each need. In life sciences, runway is the plan: 33% of public US and EU biotechs had under 12 months of runway at the end of 2025 (EY, via BioSpace, 2025).

Directory by finance need

Finance need

Where to look

Examples

Rolling cash and runway forecast

FP&A and business planning platforms

Abacum, Jirav, Pigment, Anaplan, Workday Adaptive Planning, Planful

Spend by program and phase

FP&A platforms connected to your ledger

Abacum, Jirav

Milestone and financing scenarios

FP&A platforms with scenario modeling

Abacum, Pigment, Anaplan

Actuals and close

Accounting systems

Sage's biotech and pharmaceutical accounting suite and other ledgers

Ad hoc analysis

Spreadsheets and add-ons

Excel, Google Sheets, Cube, Datarails, Vena

What to look for in life sciences planning tools

  1. A cash forecast you can re-plan week by week.

  2. Cost by program and phase.

  3. Scenarios for trial readouts, delays and the next raise.

  4. A budget built on the same accounts as your actuals.

  5. Outputs that explain themselves, so you can answer investor and board questions.

Where Abacum fits

  • Runway you re-forecast as often as the science changes, planned week by week and board-ready.

  • Know what each program really costs, without a data team.

  • Scenarios around milestones and financing events on the live plan.

  • A budget that matches the GL, so budget versus actuals reconciles without mapping Excel to the ledger by hand.

  • AI Modeler. Describe the model you need in plain language, or bring the spreadsheet you already built, and get a working model in minutes. Add a program or a new variable by asking, even in models you inherited.

  • Governance. The agent proposes, the engine calculates and you approve. Nothing saves until you approve.

  • Included, not metered. No credits, no meter, no hidden fees.

We position Abacum on the finance layer, above your ledger. Spreadsheet users keep their flexibility: import a budget or forecast as a version and export platform work to a spreadsheet in Excel or Google Sheets.

Pigment is a flexible modeling platform for teams willing to build and maintain their own planning models. Your team or an implementation partner designs it and keeps it running, so confirm who will own the model after go-live.

Budget differently with Abacum

In this article

Directory by finance need
What to look for in life sciences planning tools
Where Abacum fits

Frequently Asked Questions

Where can I find financial planning tools for biotech?

Start with FP&A platforms that plan runway weekly and tie cost to programs and phases. Pair them with your accounting system for actuals.

Are there tools built specifically for life sciences finance?

Some vendors publish life sciences solution pages. Check that the tool can model your programs, milestones and financing events live.

How long does implementation take?

Abacum implementation runs six to nine weeks depending on data complexity, entity count and workflows.

Meet AI Modeler: financial models in plain language. No formulas needed.
Meet AI Modeler: financial models in plain language. No formulas needed.
Meet AI Modeler: financial models in plain language. No formulas needed.