Acumatica 4.0 Launches to Meet Channel Partner and SMB Customer Demand for Adaptable Cloud ERP

Kirkland, WA, March 5, 2013 - Acumatica, a leading global provider of cloud Enterprise Resource Planning (ERP) and financial software, today announced the release of Acumatica 4.0, the broadest and most wide-ranging product and re-branding launch in the company’s history. More than 60 channel partners are participating in the product’s launch events and certification training this week at the company’s headquarters.

“The launch of Acumatica 4.0 is far-reaching,” said Chief Executive Officer, Yury Larichev. “It’s not just new functionality in our cloud ERP suites and extensions to our technology platform, it’s a renewed commitment to satisfy the growing demand from our global channel partners and their SMB customers,” he says. “We experienced a record-setting 2012, evidenced by adding new channel partners to our global network, and by bringing on larger, more sophisticated mid-market customers.”

“Within the past two months, we moved our U.S. headquarters to Kirkland, recruited additional experienced professionals in product development, sales, marketing, and support – all to support our aggressive growth plans going forward. The launch of Acumatica 4.0 represents a new day toward helping our channel partners and their SMB customers to benefit from the highest ROI they can achieve from their cloud ERP investment,” added Larichev.

Broad Enhancements Extend Across All Acumatica Cloud ERP Suites

“More than 40 new customer-driven feature enhancements have been introduced across all financial, distribution, CRM, and project accounting suites,” said Ali Jani, Vice President of Services. “New integrated functionality has been added to the general ledger, cash management, accounts payable, accounts receivable, and employee portal applications. We’ve also focused on Acumatica’s built-in BI capabilities, web reporting, and dashboards. Early customer adoption of Acumatica 4.0 has been very positive, particularly for its ease-of-use and adaptability,” he added.

Also released today is a Windows 8 desktop application “Expense It for Acumatica”, available free for download from the Windows 8 app store. With the new app, Acumatica users on Windows 8 can easily submit, edit, and review expense claims in their company’s cloud ERP system, on the go.

Acumatica Studio – Technology Platform for Cloud ERP Development

“Acumatica 4.0 is a breakthrough for cloud ERP because of its mobile touch UI,” said Mike Chtchelkonogov, Chief Technology Officer. “Tablet-friendly, fewer clicks, faster navigation – all designed to improve the user experience, supporting wider adoption of ERP within SMB organizations,” he added.

“The extensibility framework we’ve introduced in our technology platform (Acumatica Studio) enables ISV partners the ability to have multiple ISV applications coexist. Acumatica offers integrators that are developing mid-market ERP applications an unparalleled competitive advantage and shortened time-to-market,” Chtchelkonogov said.

“Additional enhancements to the Acumatica Studio development platform also resulted in tripling transaction processing performance, improved scalability, and greater workload capacity for high-volume transaction environments,” he added.

Acumatica Studio is a comprehensive Platform as a Service (PaaS) optimized for mid-market ERP app development, offering SQL Server 2012 compatibility, HTML5 support for dynamic page layout and sizing, cross-device and cross-platform web browser compatibility, multi-tenant architecture, web services APIs, and multiple deployment options (cloud, data center or on-premise).

Key ISV Integrations Broaden Acumatica 4.0’s Appeal

“We’re excited to have such a variety of solutions enhancing our product capabilities and making Acumatica an even better fit for middle-market customers,” said Christian Lindberg, VP of Partner Solutions. Acumatica 4.0 includes seamless integration to several popular applications, including Avalara (sales tax), and SiPD Services ( integration, French Canadian version of Acumatica), and USPS (shipping costs, carrier labels). Integration to Acumatica is also offered by other popular ISVs, including ALLiGACOM (EDI, supply chain), JAAS Systems (manufacturing), FusionRMS (retail, POS), Accellos (warehouse management), Curve Commerce (Magento ecommerce), and Adaptive Planning (budgeting/forecasting).

A Refreshed Brand for Acumatica

Acumatica 4.0 is supported by a complete rejuvenation of the Acumatica brand, including a new logo, website, blog, customer case studies, videos, and analyst research notes. “With the launch of Acumatica 4.0, our company has come of age, and we’re taking adaptable cloud ERP to the next level,” said Chief Marketing Officer Stijn Hendrikse. “A total refresh of our brand and user experience helps to raise awareness for cloud ERP among SMB customers worldwide, which in turn, raises the excitement and commitment levels from our growing global ecosystem of VAR and ISV channel partners,” he added.