Yes, given its versatility and wide range of features, it is no surprise Excel for the finance industry is still popular among financial professionals. However, Excel requires a certain level of key skills to use effectively, and many are now turning to more user-friendly alternatives. Abacum is an FP&A tool that automates several processes, making it easier for users to create financial models, analyze data and collaborate with other users. It is a powerful Excel alternative that provides financial teams with the insights they need to make better business decisions.