Acumatica Cloud ERP Software Version 2022 R2 Overview

In today’s digital economy, small and mid-sized businesses vie for market share against larger companies with greater financial muscle. To compete and thrive, they must seize every opportunity to target viable new geographic markets and segments. This Acumatica release will help you go beyond local business opportunities and boundaries by providing robust localization, integration, and financial management capabilities.

Feature Benefits for Localization and Integration

• ** Benefit from streamlined payment processing; customers can pay anywhere, anytime, through POS terminals or through the Acumatica Self-Service Portal on mobile devices and PCs.
• Experience painless tax calculations and enhanced global business; Acumatica automatically assigns tax zones to new sales orders and invoices based on country, state, and zip code.

** Implemented as a customization

Feature Benefits for Financials

• Automate the GL approval process using the flexible approval engine to create rules for approving entries and assigning approvers.
• Expedite and enhance the collection process by sending customers personalized dunning letters with all related attachments and fees; send these letters individually or in groups as needed.
• Streamline bank feed transfers and processing by letting Acumatica automatically import bank feeds, eliminating manual downloads and human error.

Feature Benefits for CRM

• Enjoy simplified data entry through powerful extensions to our existing copy/paste functionality and the option to modify opportunities and quotes in business accounts.
• Streamline sales and fulfillment processes and increase transparency by having Acumatica automatically link sales orders and quotes to opportunities—no manual intervention required.
• Save time and gain transparency with predefined side panels that automatically display customer data for the corresponding business account, opportunity, case, or contact.

Acumatica understands that, to truly delight customers, we must surpass broader vertical needs and scenarios and deliver focused capabilities at the micro-vertical level. So, our intelligent, industry-centered solutions offer features that align with specific micro-vertical markets, their requirements, and distinct business processes. This allows you to sharpen your GTM strategy and precisely target market segments.

Feature Benefits for Distributors, Retailers, and Commerce Merchants:

• Wring out inefficiencies and drive profitability and growth by defining cost centers in inventory—improving inbound, storage, and outbound material handling.
• Enhance inventory management and warehouse operations by converting non-stock items to stock items and vice versa.
• Stay on top of your business with role-based dashboards for Sales Managers, Warehouse Managers, Purchasing Managers, Shipping Clerks, and Receiving Clerks.
• Empower one-stop parcel shipping decisions, and input box dimensions on the fly; improve customer service and reduce costs with our embedded integrations—providing instant access to third-party shipping carriers.
• Push any offline orders to Shopify, so you can track and manage all omnichannel sales orders within Shopify, streamlining repeat sales and activity reporting.

Feature Benefits for Manufacturers:            

• Shorten engineering cycles by creating or modifying multi-level bills of materials with drag-and-drop and copy-and-paste features from the interactive Engineering Workbench.
• Improve shop floor data collection and job cost accuracy with multi-job clock-in and clock-out activities.
• Save time with manufacturing side panels, giving users direct access to production, bills of materials, items, inventory, projects, customers, engineering, and order details—all without leaving data entry screens.
• Balance supply and demand with MRP for planned inbound and outbound transfer orders across warehouse locations.

Feature Benefits for Contractors and Service Organizations:

• Streamline change orders for multiple construction projects with unit rate changes, custom retainage, and cost-only change requests.
• Increase efficiency and lower costs by scheduling service technicians according to employee skills and the skills required for each service task.
• Simplify service expense entry with scanned receipt image recognition in the Acumatica mobile app.
• Improve the accuracy of profitability estimates by using Acumatica’s advanced computational logic to perform profit margin and percentage calculations.