What is Deel and how does it work?
Deel's global payroll and HR platform seamlessly integrates with Abacum's FP&A solution, enabling finance teams to incorporate real-time workforce data into their financial planning and analysis. This integration transforms how companies manage headcount planning, budget forecasting, and operational reporting across 150+ countries.
Benefits of Integrating Deel with Abacum
• Sync employee data, payroll costs, and contractor payments directly into Abacum's planning models, eliminating manual data entry and reducing errors by up to 90%
• Automate headcount planning with real-time visibility into global workforce costs, including salaries, benefits, taxes, and contractor fees across all currencies and jurisdictions
• Generate accurate budget forecasts that automatically update based on actual payroll runs, new hires, terminations, and compensation changes processed through Deel
• Build comprehensive workforce analytics combining HR metrics from Deel with financial performance data in Abacum for strategic decision-making
• Create dynamic scenario models for international expansion, evaluating the total cost of employment across different countries and employment types
• Streamline month-end close with automated reconciliation between Deel's payroll journal entries and Abacum's financial statements
• Enable finance and HR collaboration through unified dashboards showing workforce costs, productivity metrics, and their impact on financial performance
• Maintain compliance-ready reporting with detailed audit trails connecting payroll transactions to budget variances and forecast adjustments