Acumatica Cloud ERP Review
Product Snapshot
Product Pricing
The licensing model is designed to meet the needs of rapidly growing businesses and is available from Acumatica upon request.
Technology
Private, public or hybrid cloud.
Customer Focus
Acumatica is ideal for fast-growing businesses between $25M and $250M in annual revenue. Acumatica provides intelligent, industry-focused business functionality for Manufacturing, Distribution, Retail-Commerce, Construction, and General Business industries.
Select Customers
Cornell Cooperative Extension, Dukathole Group, Eagle Fence Distributing, Clive Coffee, Quality Material Handling.
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About Acumatica Cloud ERP
Acumatica is a complete ERP business application 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 and low-code and no-code personalization, integration, and customization. Featuring embedded artificial intelligence with machine learning, tailored workflows, and robust reporting and business intelligence, Acumatica is the solution of 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.
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.
The Customer Management (CRM) suite covers Sales Automation with Integrated Marketing, a Customer Self-Service Portal, and case management for Service and Support.
Professional service, construction, and other businesses leverage Project Accounting to manage project costs, customer billing, Time Management, and Advanced Expense Management. Project Accounting is used by hundreds of general contractors, home builders, land developers, specialty trade subcontractors, and other construction businesses. Additional Service Management and Equipment Management applications are popular among construction, distribution, manufacturing, and field service organizations.
Product-centric wholesalers, retail, commerce, and manufacturing businesses rely on connected, native applications for Inventory Management, Sales Orders, Purchase Orders, Purchase Order Requisitions, and native Warehouse Management. Retail and commerce applications include native connectors for BigCommerce and Shopify storefronts with Acumatica Point of Sale powered by IIG for brick-and-mortar retail sales.
Manufacturers manage engineering with Bill of Material and Routings, Engineering Change Control, Manufacturing Estimates, Product Configurator, and Acumatica for Arena Native Connector. Manufacturing costing and planning applications include Production Management, Manufacturing Data Collection, Material Requirements Planning (MRP), and Advanced Planning and Scheduling (APS).
About the Company
Acumatica was founded in 2007 and owned by EQT Partners, one of the world’s leading investment companies. The company has over 500 employees worldwide and is headquartered in Kirkland, WA.
Acumatica ERP Key Features
Acumatica product editions and applications provide flexibility and robust features for companies to manage every aspect of their operations. Key features are highlighted below:
Acumatica xRP Platform
Low-Code / No-Code Customization
Open APIs for Rapid Development
Visual Workflows and Alerts
Modern User Interface
Native Mobility
Artificial Intelligence with Machine Learning
Embedded Microsoft Office and Teams for Collaboration
Customizable Wikis for Documentation and Operations
Role-Based Security with Advanced Authentication
Localization for Language and Business Rules
Native document management with PDF markup
Hundreds of Certified Marketplace Applications
Reporting and Analytics
Multi-dimensional reporting
Role-based dashboards with drill downs to source transactions
Charts, data tables, and key performance indicators
Shortcuts and links to Acumatica or external applications
Report creation without programming
Report filters with custom sorting
Native pivot tables for data analysis
Excel integration for reporting and inquiry export
Report schedule automation with email integration
Connected Marketplace Reporting and BI Applications
Customer Management (CRM)
Opportunity management with tailored sales workflows
Automated lead assignment with tailored workflows
Duplicate record detection with warnings
Account and contact records management
Online marketing with landing pages and source tracking
Marketing lists with segmentation tools
Marketing campaign management
Case management with tailored support workflows
Support contracts and billing
Wikis for support knowledge base
365-degree view of customer interactions
Always-on customer self-service portal
Project Accounting
Project cost tracking
Flexible and accurate billing
Project budget reporting
Change order management
Revenue recognition including percent complete, fixed price, cost-plus, or other billing and revenue recognition variations
Resource management for staff, equipment, materials, and more
Project quotes and sales via embedded CRM
Automated customer billing and invoice delivery
Flexible billing rates by project or task
Weekly, monthly, quarterly, daily, or custom billing periods
Custom billing mark-up by customer or type of service
Work-in-process (WIP) reporting
Project and task templates
Mobile Time Management with approvals workflows
Payroll Management
Mobile Expense Management with approvals workflows
Expense Management connected with 14,000 financial institutions with smart matching to categorize and post expense transactions using artificial intelligence with machine learning
Construction Management
Comprehensive construction financials and reporting
Job costing with labor, material, and equipment costs by project
Native project accounting and management
Optional inventory management
Service Management with technician scheduling
Equipment Management with warranties
Native mobile apps for remote access to the entire ERP system
Contract management and billing
Change order management with documents and workflows
Daily field reports
Pro-forma, progress, and time and material invoicing
Manage lien waivers and releases, insurance, certificates, and status updates
Payroll for multiple unions, locals, classes, benefit packages, and complex certified wages and executive compensation
Native connectors for Procore, CFMA Benchmark Report, ProEst, and other leading construction applications
Dozens of certified marketplace applications
Distribution Management
Native WMS Mobile Device with Barcode Scanning
Warehouse Transfers
Wave, Batch, and FEFO Picking
Directed Picking with Picking Queue Priorities
Packaging and Item Dimensions / Weight
Scale Integration
Shipping and Carrier Connectors
Stock and Non-Stock Inventory
Warehouse Locations and Bins
Average, Standard, FIFO, and Specific (Actual) Cost
Lot and Serial Traceability
Kitting and Disassembly
Matrix Items (Product Families)
Inventory Replenishment
UOM Definitions and Conversions
Physical Inventory
Customer Order History
Up-sell, Cross-sell, and Item Substitutions
Inventory Order Allocation
Flexible Pricing and Discounting
Shipping and Returns Management
Cross-Company Buy/Sell Transactions
Blanket Purchase and Sales Orders
Requisitions with Vendor Bidding
Certified Quality Management Application
Dozens of connected marketplace applications
Retail and Commerce
Real-time, bidirectional ERP/Commerce connectors for BigCommerce, Shopify, and Amazon
Automated product data synchronization
Automated order synchronization
Flexible promotions and discounts
Synchronize online and offline orders
Certified marketplace applications for Magento and other commerce storefront and marketplace platforms
Native retail point of sale application
PCI-compliant credit card processing
Omni-channel sales and returns management
POS hardware connections for cash registers, receipt printers, credit card terminals, and barcode scanners
Will call and special orders
Manufacturing Management
Multiple methods of manufacturing (MTO, MTS, ATO, ETO, CTO, Job Shop, Repetitive, and Batch Process)
Manufacturing job costing / WIP reporting
Multi-level bill of material / routing with revision control
Pre-defined lot/serial numbers
Where-used inquiries
Phantom bill of materials
Multi-site manufacturing
BOM cost roll-up
BOM mass update/change
Rule-based product configurator
Configuration formulas for cost, price, and material requirements
Capable-to-promise (CTP)
Certified applications for engineering CAD bill of material integration
Finite or infinite scheduling
Work center capacity planning
Visual scheduling
Critical materials lists
Mobile app for labor and material data collection
Employee clock-in / clock-out of job with supervisor approval workflows
Material and labor backflushing
Production performance reports
Outside processing
MRP exception messages
Master production schedule (MPS)
Sales demand forecasts
Rough-cut capacity planning (RCCP)
Manufacturing estimates with flexible mark-ups
Synchronize bill of materials, items, and vendors with Arena product lifecycle management (PLM)
Create and manage engineering change requests (ECR)
Consolidate multiple ECRs into an engineering change order (ECO) with approvals workflows
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