Kirkland, Washington, April 30, 2014 – Acumatica, the fastest-growing leader in Cloud-based Enterprise Resource Planning (ERP) solutions for small and medium-sized companies, today announced its improved ranking in the latest Nucleus Research Technology Value Matrix for ERP.
The Value Matrix is based on functionality and usability, the two core measures that Nucleus has found indicate an application’s ability to deliver initial ROI and, ultimately, maximum value over time.
“There’s nothing Magic about the Value Matrix. Even though Acumatica is a relatively new player in the space, its high usability and solid functionality makes it a compelling choice for SMBs looking for a cloud ERP offering,” said Rebecca Wettemann, vice president of research at Nucleus Research.
Acumatica Cloud ERP — named a CODiE finalist in the Best Supply Chain Management Solution category this year — recently released its latest version 4.2 that focused on quality, improved usability, and new functionality. Significant new features included enhanced contract management support, PCI compliance support, and automated lead management. Acumatica SaaS is now running on Amazon Web Services as well.
CEO Jon Roskill said: “Acumatica’s advance towards the Leader Quadrant is a huge validation of our maturity as a company and product. As a new entrant to the Matrix last year, this year’s quick rise in ranking on both usability and functionality shows that we are a Cloud ERP force to be reckoned with.”
About the Nucleus Research Value Matrix
There is nothing ‘magic’ about the Nucleus Research Value Matrix, which categorizes vendors according to usability and functionality. This determines which solutions provide the most value to organizations, helping with technology and business decisions. Nucleus issues the Value Matrix twice a year. For more information, go to Nucleus Research
Founded in 2008, Acumatica is the fastest-growing provider of highly customizable, cloud based ERP applications for small and midsized businesses, offering financial management, distribution, CRM and project accounting suites. Acumatica Cloud Platform, the company’s technology development platform, gives ISVs and OEMs a rapid, cost-effective means of developing and integrating cloud-based apps, using industry-standard tools. The privately-held company’s products are delivered through a global channel-partner network of VARs, ISVs, and OEMs. Headquartered in Kirkland, WA, Acumatica maintains offices in Washington DC, Moscow, and Singapore. Acumatica has affiliate offices in Mexico. Acumatica is sold through resellers in the US, Canada, UK, Africa, the Middle East, India and various countries in Southeast Asia. In the Nordic countries and the Netherlands, Acumatica is sold as part of Visma.net; and in Australia and New Zealand, Acumatica is sold under MYOB’s brand name.