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
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Streamline Operations
Close your books faster with Acumatica’s time-saving automation and workflow. Efficiently handle month-end activities with fewer errors.
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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).
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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.
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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.
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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.
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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.
Accurately account for revenue recognition in future periods in compliance with ASC 606 and IFRS 15.
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
Does your current ERP financial reporting system provide you with essential, accurate, and interactive accounting reports? If not, you may want to contemplate ending your association and finding a different, more comprehensive solution, like FYIsoft’s cloud financial reporting software – now integrated with Acumatica.
What our customers are saying about Acumatica's Financial Management?
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Acumatica has made our financial systems much more efficient. It provides us one integrated system with accurate sales and revenue information providing detailed financial reports that will allow us to accelerate our growth.
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[Acumatica] has given us better contact with our customers, because we’ve got it set up so that everything is being sent electronically out of the system … it’s made the business process more fluid.
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You can change your reports so they fit your company, which was a big thing for us. It wasn’t like we had to change for Acumatica.
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Acumatica gives me very timely information to make better business decisions. I have better information in terms of profitably by location, by customer and by product. Access to that data helps me target growth. We didn't have that kind of data before.
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Unlimited users is definitely a plus. In other software systems we’ve used, we would pay for the bare minimum number of seats and seem to be holding our staff back because they couldn’t all be working on the system at the same time.
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IMG has used 14 different programs in conjunction with Dynamics SL, paying for maintenance on all of them. With Acumatica, they expect to go from 14 down to 4.
IMG Enterprises Employee,
IMG Enterprises -
I am very comfortable with the concept of having my product in the cloud, and an open API layer and the cloud’s features and benefits didn’t need a lot of explaining. I knew what they could do and mean for our business.
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Acumatica and AIM Solutions helped us reduce software costs and maintenance hassles by moving to the Cloud.
DDB Unlimited Employee,
DDB Unlimited -
Thanks to Acumatica, I have more time to do the things that make the money, not just things that take care of the money once it’s in.
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