Acumatica Professional Services Edition Delivers Vital Project-Based Features and Capabilities

Acumatica Professional Services Edition: Tools to Fuel Your Growth

The professional services industry is constantly changing and evolving. However, one constant remains clear. Mid-size firms need a modern business management solution that can handle their complex and dynamic requirements.

Unlike manufacturing companies that create and deliver tangible products to their customers, professional services businesses offer a variety of services, specialized knowledge, and deep expertise. Engineering, architecture, and consulting firms are just a few examples of these dynamic businesses. While you may not deliver a physical product that people can touch, your high-quality services are in massive demand.

According to Statista, the professional services market is projected to reach US$72.61bn this year and show an annual growth rate of 5.62%, with most of the revenue being generated in the US. It’s a thriving, evolving industry, and professional services businesses eager to be an active and successful entity know that implementing industry-specific technology is the key.

That’s where Acumatica comes in to support your growth.

Addressing the Unique Needs of Service-Based Businesses

Recognizing the complex needs that service firms have for comprehensive business technology, Acumatica announced an expansion of our product line. We created a new cloud-based solution specifically tailored for the professional services industry.

The new Acumatica Professional Services Edition is now officially available for our community. Our project-based application is filled with the vital features and capabilities specifically requested by our current customers who work in this demanding industry.

We designed these tools to help you enhance your collaboration, take advantage of exciting market opportunities, and develop your overall business strategy.

Says Jeremy Larsen, vice president of product management at Acumatica, “This launch is yet another demonstration of our dedication to listening to customers and delivering tailored solutions that address the dynamic requirements of small and midsized businesses.”

Acumatica Professional Services Edition Details

Acumatica Professional Services Edition is a perfect addition to our industry-specific product line, which includes our General Business, Manufacturing, Construction, Distribution, Service Industry, and Retail Management software.

Each edition integrates beautifully with our core ERP solutions. This integration helps you streamline and automate your complex business processes and empowers growth on your own terms.

With this in mind, what specifically does Acumatica Professional Services Edition provide? Users will have access to resource management, scheduling, financial accounting, and billing capabilities, which are geared towards their project-based and labor-focused needs and helping ensure real-time communication and insights that support successful project completion in terms of timing and budget.

Professional Services Management

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Specifically, Acumatica Professional Services Edition will include:

• Acumatica Core Financials – manage your bottom line with absolute clarity. Our core financials help you automate compliance reporting for financial audits to reduce manual labor and prevent costly errors. You can reduce operational costs with workflow automation that eliminates redundant software licenses.
• CRM – empower your sales and support teams with real-time data access. Our customer management tools break down data silos across departments. This enables the seamless integration of finance, operations, and sales for smarter, faster decision-making.
• Project Accounting  – track every detail of your ongoing initiatives. Project accounting allows you to monitor budgets, manage precise billing, and track timesheets seamlessly. This ensures you maintain cost efficiency and secure your target return on investment for every client engagement.
• Resource Management (via the ISV ProjectManager) – regarding the project planning and resource management aspect of our new edition, we packaged an incredible solution provided through a strategic partnership with our independent software vendor, ProjectManager. The system consists of advanced project planning tools that establish concrete tasks, track dependencies, and set strict deadlines. It accomplishes all of this while keeping a close eye on your progress and resource allocation. Advanced resource management tools allow you to assign and schedule your team members based on their availability, specific skills, and distinct project requirements. Furthermore, users can forecast future resource needs and optimize resource utilization across multiple simultaneous projects.

Seamless Integration and Scalable Pricing

We know that mid-size companies worry about scaling issues and restrictive software costs. Our cloud-based platform scales with your business, supporting your expansion plans without increasing administrative overhead.

Pricing for our Professional Services Edition align with the Essentials, Select, Prime, and Enterprise packaging framework. Should specific modules need to be added or removed, pricing will be adjusted accordingly.

Real-World Support from Industry Experts

Revive ERP is an Acumatica partner that serves architecture & engineering firms, construction firms, and field services. Like Acumatica, they believe that technology plays a pivotal role in achieving success and that said technology should align with each business’s specific requirements.

The introduction of Acumatica Professional Services Edition was met with strong approval by the Revive ERP team. Says Revive Principal Jason Leveson, , “Professional services firms face intense competition and require advanced business management technology to enhance operations and drive future growth. Acumatica’s Professional Services Edition equips firms with the tools to stay agile, scale effectively, and maintain a competitive edge in an ever-involving market.”

This approbation by a firm that specializes in serving professional services businesses combined with our recent recognition by leading research companies—including G2, Nucleus Research, IDC MarketScape, Gartner, TrustRadius, Globee, and CRN—assures us that developing tailor-made applications that help small and midsized businesses thrive in today’s turbulent times is a vital and welcome mission.

Says Acumatica CEO John Case, “Our sustained, strong performance across these reports, surveys, and assessments reaffirms our commitment to delivering innovative, customer-centric solutions and inspires us to enhance our capabilities and add value for our customers continually.”

Building the Future of Business Together

This new industry-specific solution is a direct product of honest feedback from the Acumatica community. Community members explicitly requested a professional services application to solve their daily operational inefficiencies.

We used your direct feedback regarding what should and should not be included in the software. Because of this collaborative approach, we believe we created a platform that delivers the precise features and capabilities you need. Our ERP solutions empower you to manage your projects efficiently, make highly informed decisions, and optimize your overall profitability.

A more dynamic and digital world demands more connected and collaborative solutions. We are an ecosystem of partners, customers, and creators who are deeply invested in seeing tomorrow’s leading businesses grow on their terms. Together, we are driven to continuously seek out better ways to work, so that we can redefine business management software for everyone.