Acumatica 2023 R2: Win in Your Markets with Tailored Industry Capabilities

Intro

No matter your industry, Acumatica 2023 R2 provides specific updates designed with your exact needs in mind.
This release is packed with fresh features. We wanted to make sure you saw the best updates, so we created a three-part blog series.

First, we explored how you can use smart technology to build a more efficient and profitable business. Next, we looked at how unified finance and customer management tools make your daily work easier while supporting your growth.

Today, we wrap up the series. We will explore the specific industry benefits in Acumatica 2023 R2. We will also show how these tools help you beat the competition. First, let us look at why you need a cloud-based ERP solution built for your specific field.

Your Business is Unique. Your ERP Solution Should Be Too.

Your business operates differently than your competitors. You make different decisions, hire different people, and use different tools. This creates a special experience for your customers.

Your specific industry makes your business even more unique. A manufacturing company needs different tools than a retail store. Because of this, your business management software must give you the exact features you need the most.

The Acumatica ERP solution offers smart editions made for your specific field. We put all your business technology onto one open platform. This connects every department and gives your team accurate, real-time data. Our system uses artificial intelligence and machine learning to automate your daily tasks. This helps you work faster, reduce costs, and increase your profits.

The updates in our latest release help manufacturers, distributors, retailers, and service providers. They give you the power to run a lean, competitive business.

Meeting Your Unique Needs with Acumatica 2023 R2

Here are the key feature benefits delivered by Acumatica 2032 R2.

Better Tools For Distributors And Retailers

• Protect your profits: You can now check your expected profit margins while you create an order. You can see this for the whole order or just one item.
• Manage stock easily: The new Manage Sales Allocations screen helps you assign stock for multiple orders at once. You can let the system do this automatically, or you can make manual changes.
• Stop accidental discounts: You can protect your margins by blocking automatic discounts on items that already have a special promotional price.
• Sell on Amazon: Connect your ERP solution directly to the Amazon Seller Central marketplace. We fully support both Fulfilled by Amazon and Merchant-Fulfilled Network delivery models.
• Grow your business sales: You can now connect your online sales to your back-office tasks using the Shopify B2B platform.

Smarter Workflows For Manufacturers

• Control your costs: Cost accountants can use a new user role to lock the status of production orders. This makes setup easier and keeps your budgets on track.
• Print tickets faster: The Acumatica DeviceHub service now includes automatic schedules and saved printer settings to make printing production tickets simple.
• Customize your products: You can now connect the Acumatica Product Configurator to external apps, like your website. This lets your customers build customized orders directly online.

Clearer Insights For Contractors And Service Teams

• Find information faster: We added side panels to many business screens. This helps you see all your document details without clicking away.
• Keep projects clean: You can now turn off old cost codes that you no longer use. They will stay on old documents so you do not lose your history, but no one can use them on new projects.
• Fix purchase orders easily: You can now edit retainage details on subcontracts and purchase orders that connect to change orders.
• Track your money: You can easily review outstanding bills and unpaid retainage for any specific date.

Winning In Your Unique Market with Acumatica 2023 R2

As we just discussed, Acumatica is committed to equipping our 10,000+ customers with the industry-specific features they require in order to succeed in their respective industries.  Alpha Insulation & Waterproofing Inc. (Alpha), a customer specializing in commercial insulation, waterproofing, and fireproofing, is a perfect example.

Alpha started in 1982 and focuses on commercial insulation. For years, they used an old financial system that did not fit their needs.

Their old system crashed often and lacked tools to help them stay compliant with important regulations. To create reports, the Alpha team had to pull data by hand. The system was completely unreliable. The team was tired of fighting with their software and needed a better ERP solution.

Scott Lyons, Chief Financial Officer, and Cassandra Moore, Director of Accounting, did their research. They made a strict list of needs and looked closely at their options.

After a long search, Alpha chose the Acumatica Construction Edition. Our ERP solution gave them an easy-to-use screen, better inventory tracking, and a reliable cloud platform.

Since moving to our industry-specific ERP solution, Alpha has seen amazing results. They now have total visibility across their whole company. They create automatic reports and manage their compliance rules much faster.

Acumatica builds technology that makes a difference. We design our software to solve your toughest pain points and keep you compliant with changing rules. With Acumatica 2023 R2, you have the tools you need to grow on your own terms.

To learn more about the ERP industries we serve, contact our experts today.

Watch the Acumatica 2023 R2 Virtual Event