Acumatica product overview

Acumatica is a complete ERP business solution built on a future-proof platform for growing businesses. The modern platform provides native mobility to access applications on any device, anytime, anywhere with open connectivity. It has low-code and no-code personalization, integration, and customization. Featuring embedded artificial intelligence with machine learning, tailored workflows, and robust reporting and business intelligence, this ERP software is the choice for more than 8,000 companies globally. Embedded business intelligence applications include Acumatica Reporting, Generic Inquiries, Acumatica Dashboards, and BI and Analytics via Microsoft Power BI.

Acumatica’s accounting applications include General Ledger, Accounts Payable, Accounts Receivable, Cash Management, Tax Management, Currency Management, Deferred Revenue, Intercompany Accounting, Recurring Revenue, Fixed Assets, Payroll Management, Bank Feeds, Time Management, and Advanced Expense Management. Its Customer Management (CRM) suite covers Sales Automation with Integrated Marketing, a Customer Self-Service Portal, and case management for Service and Support.

The platform brings features for Project Accounting, Additional Service Management, Equipment Management, and Inventory Management. In addition, It offers Warehouse Management, Point of Sale, Bill of Material and Routings, and Production Management capabilities. It serves various industries, including construction, distribution, manufacturing, and field service organizations. Product-centric wholesalers, retail, commerce, and manufacturing businesses also rely on Acumatica’s integrated applications.

Pros of Acumatica

It combines the flexibility, mobility, and security of cloud ERP with the customization capabilities of legacy systems. It provides intuitiveness along with adaptable personalization according to industry and team needs.
Its pricing model offers an unlimited number of seats, allowing companies to scale usage as their customer base grows. This is ideal for rapid-growth small to mid-size organizations requiring an ERP system that can adapt to their expanding needs.

Cons of Acumatica

The software is devoted to the midmarket. It is not suitable for large enterprises in need of fully global support.
It has limited brand awareness outside of North America and may be more difficult to sell to internal stakeholders.

Breakdown of core features

Financial management

Acumatica streamlines financial management across the entire organization—no matter how complex. The necessary insights are readily available, with automated workflows to accelerate month-end close and ensure compliance.

CRM

Its Customer Management Suite includes web-based CRM applications for managing leads, contacts, opportunities, and customer accounts. Users can create service orders from CRM cases, run project sales, see contracts in customer accounts, and convert prospects into customers, vendors, and other record types in the system. Acumatica gives a consolidated view of all customer records in a single database, so every team member has a 360-degree view of customer activities and records and management has real-time insight into performance.

Construction management

Acumatica delivers a complete, mobile-enabled, cloud-based construction and accounting software solution. This user-friendly includes robust financials, job cost accounting, project management, payroll, inventory, order management, service management, CRM, and mobile. Built on cloud and mobile technology, it presents a complete, real-time view of the business anytime, anywhere.

Manufacturing management

The platform offers a multi-site cloud manufacturing control and planning system that supports multiple methodologies, such as make-to-stock, make-to-order, engineer-to-order, project-centric, job shop, batch, and repetitive manufacturing.

(Last updated on 03/31/2022 by Liz Laurente-Ticong)