Powerful business finance software – simple enough for small shops and comprehensive enough for complex multi-nationals – that can support your needs today and in the future.
Financial Management
Why Choose Acumatica for Financial Management
Financial management software provides businesses with a full suite of accounting functions to track daily financial operations and generate quarterly and annual financial statements. In addition, it provides tools for reporting, analysis, budgeting, and planning.
Designed for companies with complex requirements, yet easy to use in smaller organizations, Acumatica Financial Management software provide a feature-rich accounting suite, fully integrated with Acumatica’s Customer Management, Distribution Management, Manufacturing Management, Field Services Management, and Project Accounting product suites.
Benefits of Financial Management for your Business
-
Streamline Operations
Close your books faster with Acumatica’s time-saving automation and workflow. Efficiently handle month-end activities with fewer errors.
-
Single Version of the Truth
Gain accurate, real-time visibility into business activities and performance with financial reports and personalized dashboards that access the shared, centralized database (single version of the truth).
-
Work Locally and Internationally
Reach international markets effectively with cloud multi-currency, multi-language, and multi-company capabilities. Acumatica finance management software also offers localized functionality.
-
Manage Multiple Entities
Use Acumatica’s financial management systems to integrate financials across multiple business entities, including automated reporting, consolidation, payments, and cash management. Supports independent balance sheet and separate tax reporting.
-
Migrate Legacy Data
Users can migrate Accounts Payable and Accounts Receivable historical data from a legacy system to Acumatica ERP, including open balances, original amounts, and dates, without affecting the general ledger.
One of our best eBooks just got better. Get the newly enhanced version of “Clearing the Clouds” by SMB Group.
Financial Management Applications
Create a central repository, fully integrated, with analysis and real-time reporting power.
Automate invoicing and manage collections.
Manage liabilities and payments for goods and services.
Control day-to-day transactions, cash balances, funds transfer, and bank account reconciliation.
Do business internationally and manage international subsidiaries.
Support centralized tax configuration, management, and reporting.
Systematize and accurately account for revenue recognition in future periods.
Direct financial reporting, payments, cash management, and inter-entity transfers among multiple entities.
Manage recurring billing for accuracy and visibility.
Track fixed assets and manage depreciation calculations.
Enable employees to enter time and expense, review cases, approve orders, and assign task from anywhere, at any time.
Manage and automate employee and company-wide data, including applicant tracking, benefit management, and time and attendance.
Handle all payroll functions for your company (or multiple companies) with automated functions.
See also
Distribution Management
Customer Management
Project Accounting
Reporting and Business Intelligence
Accounting standards are changing the way companies will be allowed to report revenue. The new revenue recognition guidelines, ASC 606 and IFRS 15 from the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB), fundamentally change the way businesses can recognize revenue from the delivery of goods and/or services over time.
What our customers are saying about Acumatica's Financial Management?
-
With DMS solution developed by DMSpro on top of Acumatica, at the headquarters we now have exact knowledge of all daily sales activities on the field and real-time information including product display at hundreds of thousands of outlets… Real-time visibility into daily business activities and timely business data now empowers every decision….
-
Carrying a multi-million dollar inventory, you’ve got to have good controls for that … With the new controls that Acumatica has in place, our inventory is much more accurate.
-
By automating with Acumatica, we were able to reassign personnel from routine data management to growth opportunities.
-
I am still getting used to drinking a coffee in Starbucks while looking at our ERP, but that is the flexibility and usability that all companies should have now.
-
Acumatica is an up-to-date, state-of-the-art system that gives us options.
-
I did demos with a lot of the ERP companies, the big ones Infor and SAP. What I found with Acumatica and the partner ASI was their willingness to answer all my questions and do multiple demos. From the start I really felt like they were here to fully support us.
-
It’s great and very comforting to hear from your IT team that the solution you selected is flexible, easy to adapt and program.
-
Acumatica has already proved effective in handling future needs with a clean and simple integration to our e-commerce system… I would recommend Acumatica to any growing distributor looking for a great system.
-
With NetSuite, we had to limit the number of users to keep costs down. In addition, it was difficult to get our questions answered by their customer support team.
-
Check out the detailed description of the Suite
-
Get a free consultation to help
accelerate your business -
See the benefits in action
of the financial applications -
Return to
all suites