Abaccus
Abaccus provides a low-code business rules management platform that lets pricing, commission, and insurance underwriting teams create and update rules without IT involvement. The platform offers real-time rule processing, simulation and validation environments, and full audit trails, integrating with existing sales, billing, CRM, and ERP systems.
- Enterprise Software
- Insurance Technology
- Software Only
- Artificial Intelligence
Funding
Founders
Founder details are not available yet.
Product
Problem
Companies often manage critical business rules—such as pricing, commission calculations, and insurance underwriting parameters—through spreadsheets and manual IT requests. This creates bottlenecks, delays in responding to market changes, and errors that lead to financial losses, compliance risks, and team turnover.
Solution
Abaccus provides a low-code business rules management platform (BRMS) that empowers business teams to create, update, and govern rules autonomously without depending on IT. The platform supports real-time pricing adjustments, accurate commission payouts, and flexible insurance underwriting parameter changes, all with full governance and audit trails. Users can simulate and validate rules before publishing them to production, ensuring accuracy and compliance. The system integrates with existing sales, billing, CRM, and ERP systems, and offers role-based access control managed by the company's security team.
Target Audience
Primary customers are pricing managers, sales operations leaders, commission administrators, and insurance underwriting teams in mid-to-large enterprises across retail, logistics, financial services, and insurance sectors.
Features
- Low-code rule creation and updates for pricing, commissions, and insurance underwriting without IT involvement
- Real-time rule processing for instant price changes and commission calculations
- Simulation and validation environment to test rules before production deployment
- Complete audit trail with version history and documentation of all rule changes
- Role-based access control and permission management for internal security teams
- Integration with sales systems, billing platforms, CRMs, and ERPs
- Cloud-based deployment with no installation required on user machines
- Compliance-ready architecture supporting enterprise security and data governance policies