What is Factorial and how does it work?

Factorial HR is a comprehensive all-in-one business management software that automates HR processes for small and medium-sized businesses. The platform streamlines employee time tracking, payroll management, talent acquisition, document management, and performance evaluation into a unified system, serving over 12,000 organizations globally.

Benefits of Integrating Factorial with Abacum

• Sync employee data and headcount information directly from Factorial HR into Abacum's planning models, eliminating manual data entry and reducing errors by up to 60%

• Automate headcount planning and workforce cost projections by combining Factorial's real-time employee data with Abacum's scenario modeling capabilities

• Connect compensation data, benefits costs, and payroll expenses from Factorial to create accurate personnel budgets and forecasts in Abacum

• Enable finance teams to analyze workforce metrics alongside financial KPIs, identifying cost-per-employee trends and department efficiency ratios

• Streamline month-end reporting by automatically pulling actual payroll costs from Factorial into Abacum's variance analysis and management reports

• Build dynamic workforce scenarios that model hiring plans, salary adjustments, and organizational changes with real-time data synchronization