What is Sage HR and how does it work?

Sage HR is a comprehensive cloud-based human resources management platform that helps businesses manage their workforce efficiently through automated HR processes, from employee data management to performance tracking. The integration with Abacum connects your people data directly to financial planning, enabling more accurate headcount planning and personnel cost forecasting.

Benefits of Integrating Sage HR with Abacum

• Sync employee data, compensation details, and organizational structure from Sage HR to Abacum in real-time, eliminating manual data entry and reducing errors

• Automate headcount planning by connecting actual HR data with financial forecasts, ensuring budget accuracy and alignment between HR and finance teams

• Track personnel costs including salaries, benefits, and bonuses across departments, projects, and cost centers for precise expense allocation

• Generate unified reports combining workforce metrics with financial KPIs to understand the true cost and ROI of your human capital investments

• Enable scenario planning for organizational changes, hiring plans, and compensation adjustments with immediate visibility into financial impact

• Maintain data consistency between HR and FP&A systems, ensuring all stakeholders work from a single source of truth for workforce-related financial planning

• Accelerate month-end close by automatically reconciling payroll expenses from Sage HR with your financial statements in Abacum

• Support global operations with multi-currency and multi-entity capabilities, perfect for companies managing international teams through Sage HR