What is Campfire and how does it work?

Campfire is a modern accounting platform that provides AI-powered core accounting and revenue automation to startups and mid-size tech companies. By integrating with Abacum's FP&A platform, finance teams can seamlessly connect their automated accounting workflows with strategic financial planning, creating a unified system that drives smarter decision-making and accelerates growth.

Benefits of Integrating Campfire with Abacum

• Sync real-time accounting data from Campfire's general ledger directly into Abacum's planning models, eliminating manual data exports and reducing errors

• Automate the flow of multi-entity consolidated financials and revenue metrics into budgeting and forecasting workflows, ensuring plans are always based on current actuals

• Connect Campfire's AI-powered month-end close with Abacum's scenario planning to enable faster strategic pivots based on the latest financial results

• Leverage Campfire's automated revenue recognition data to build more accurate revenue forecasts and cohort analyses within Abacum

• Unify SaaS metrics from Campfire (ARR, MRR, churn) with Abacum's headcount and operational planning for comprehensive business modeling

• Reduce monthly planning cycles by days through automated data synchronization between accounting close and FP&A processes

• Enable finance teams to transition from reactive reporting to proactive strategic partnership by eliminating manual reconciliation work

• Scale financial operations efficiently from startup to IPO-ready without adding proportional headcount through integrated automation