Implementing a new enterprise resource planning (ERP) system requires investment – investment of time, effort and money. That’s why it’s important ton know how to calculate your expected return on investment (ROI) before taking the software plunge. This 12 point guide to explains why Acumatica is an excellent choice when considering cloud based ERP systems.
Streamlined Operations
Acumatica is designed to help organizations streamline their accounting, finance and business operations. Unlike many other older ERP platforms, Acumatica is designed ground up to function as a single application that houses all your data and operations. Unlike other ERP systems that have numerous external add-ons requiring users to switch between systems, Acumatica is designed to include all add-on modules with in the system. This transformational design leads to ease of use and better system adoption.
In addition to being a single system that users use, features such as workflow allow data and processes to operate from one department to another efficiently and immediately. Reports and dashboards update in real time leading to better and faster decisions.
Minimized Technology and IT Costs
Acumatica’s built for the Cloud architecture means that you avoid hosting and maintenance costs associated with an on-premise or in-house ERP system. There are no servers to manage and upgrades are automatic. This leads to reduced technology and IT costs.
No Per-User License Costs
Unlike legacy ERP platforms that are licensed per user, Acumatica’s consumption based pricing leads to higher system usage, reduced outside processes. This higher usage of system leads to better data insights and accurate reporting. No longer do you have to worry about paying per user. The cost of the system adjusts to your business volume.
Modernized Accounting and Finance Tasks
Acumatica’s heavy investment in AI and automation means that the ERP platform that you use is built to optimize accounting and finance tasks. With features such as anomaly detection, enhanced reconciliation, workflow and approval automation, this modern ERP platform will allow you to use your resources efficiently with reduced manual tasks.
Marketing and Sales Automation
With Marketing and Sales automation and customer relationship management natively built into the platform, your users will have one system to operate in. Gone are the days of having a different CRM system to manage your marketing, sales and customer relationship functions. There is no need for expensive integration and frustrating upgrades. This one stop ERP platform works efficiently with reduced cost and better usability.
Out-of-the-Box and Customizable Reporting
Acumatica comes built with extensive reports and dashboards designed for each work center and management function. This leads to reduced customization needs. However, if you need to modify reports, the platform comes with a built in report designer to allow custom report design. It’s modern design also allows data from the system to be used in modern business intelligence (BI) platforms such as Power BI to use it as a data source. This leads to extensive reporting and customized decision support system development.
Multi-Company Benefits
Acumatica supports multi-company and multi-currency accounting out of the box. Inter-company and international accounting is easy to implement allowing your company to grow without holding you back.
Free Training and Onboarding
Unlike other ERP vendors that see user training as an added revenue opportunity, Acumatica’s user training is available for free for all your users. The extensive library of video training at Acumatica University is enough to train and update your organization as you grow.
Scalability
Acumatica’s born in the cloud architecture allows unlimited scalability. The platform is designed to grow with your organization to handle increased workloads efficiently and effectively. Moving up to higher tiers of performance or getting dedicated instances of this cloud platform are easy. Your company can focus on business functionality and processes leaving IT growth and planning to Acumatica.
Multi-Industry Specialization
Acumatica comes with built-in industry specific add-ons and modules that are well-designed and packaged to address various business verticals including – Construction, Distribution, Manufacturing, Professional Services, Retail and General Business. All modules and functions are built in the single pane of glass – this means you no longer have to switch between various applications to complete your business processes.
Final Thoughts
Acumatica’s born in the Cloud ERP solution is an excellent choice for moving your ERP to the cloud. With a customer bill of rights that puts customers as a primary focus, this publisher has been adding customers rapidly with thousands of successful implementations.
