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.
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
To do their jobs well, CFOs require insight into their companies’ financial data. An integrated accounting system can not only reduce errors and save time, it should provide you with a detailed financial picture of your company. Learn more about three questions you should ask when purchasing a new system.
What our customers are saying about Acumatica's Financial Management?
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In my mind, Dynamics GP was an old building painted as new. The biggest benefit to Acumatica is the confidence you get from knowing that it’s built on a new-generation platform.
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Acumatica’s sales, purchasing, inventory, and financial management software helped our swimming pool supplies distribution business reach profitability in year one.
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It’s great and very comforting to hear from your IT team that the solution you selected is flexible, easy to adapt and program.
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It’s all about how Acumatica listens to you and how quickly they respond. They really do want to hear from users to understand our business processes so they can incorporate new features and enhancements to make things even easier. It’s just amazing!
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Everything is so easy to do in Acumatica. I have great peace of mind that when it comes to IT, I don’t need a huge department to maintain the system or have the cost of a large IT staff to support it.
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As software developers, we found Acumatica’s technology to be elegant, adaptable, and stable. In the era of cloud computing, you do not want to select technology that is decades old.
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We needed something very flexible, in the cloud, and overall, something that was a good value for us. And we found that in Acumatica.
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Acumatica provided a solution to integrate our financial reporting across several systems, currencies, and offices. Since the solution is web-based, it was cost-effective to deploy across our international offices.
Parallels Employee,
Parallels -
[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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