What is Namely and how does it work?

Namely is an all-in-one Human Capital Management (HCM) platform designed specifically for mid-sized businesses. The platform combines HR, payroll, benefits, and talent management in a single system, serving organizations with up to 1,000 employees through both technology and managed services.

Benefits of Integrating Namely with Abacum

The Namely-Abacum integration bridges the gap between workforce data and financial planning, enabling finance teams to incorporate real-time HR metrics into their FP&A processes.

• Sync employee headcount, compensation, and benefits data directly into Abacum's planning models
• Automate headcount planning with real-time organizational changes from Namely
• Eliminate manual data entry between HR and finance systems, reducing errors by up to 90%
• Track labor costs and workforce metrics alongside financial KPIs in unified dashboards
• Enable accurate workforce scenario planning using actual payroll and benefits data
• Streamline budget vs. actual analysis for personnel expenses across departments
• Connect talent acquisition pipelines to financial forecasts for better resource allocation
• Improve forecast accuracy with automated updates when employee changes occur in Namely