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2024 Press Releases

October 16, 2024

Professional Services Edition Built to Enhance Collaboration and Efficiency, Enabling Firms to Manage Projects, Optimize Resources and Ensure Financial Control

Bellevue, Wash., – October 16, 2024 — Leading cloud ERP provider, Acumatica, today launched its new Professional Services Edition, built to enable small and midsized professional services firms to increase efficiency and accelerate growth. This new solution marks an important expansion of the company’s industry-specific product line, delivering tailored features and capabilities designed to enhance collaboration and boost operational efficiency for firms in architecture, engineering, IT and beyond.

The signs that Professional Services firms are increasingly reliant on technology are confirmed by the latest research. A recent survey from S&P Global Market Intelligence revealed that 85% of professional services leaders believe the tools and technologies they rely on significantly impact the quality of their work. An SMB Group survey further confirmed this trend, noting that 66% of professional services leaders indicated that technology is “very important” to overall business strategy.

“These industry trends and direct feedback from the Acumatica Community were the main drivers for creating the Professional Services Edition, with customers, partners and developers voting it a must-have solution,” said Jeremy Larsen, vice president of product management at Acumatica. “The professional services industry is an underserved market for technology companies, providing a significant opportunity for innovation. As the fourth-largest vertical of customers we already serve, our partners have expressed strong enthusiasm about the potential impact of this release.”

The Professional Services Edition supports critical processes for firms where project-based accounting and resource management and optimization are essential for success. The company’s core offerings include resource management, CRM, project planning, scheduling, accounting and time and expense management. By delivering real-time insights and fostering collaboration, Acumatica’s new edition is designed to empower firms to complete projects on time, within budget and to the highest industry standards.

“Professional services firms face intense competition and require advanced business management technology to enhance operations and drive future growth,” said Jason Leveson, principal at Revive ERP, an Acumatica partner. “Acumatica’s Professional Services Edition is a smart step in providing these firms with the tools they need to stay agile, scale effectively and maintain a competitive edge in an ever-evolving market.”

The Professional Services Edition joins Acumatica’s existing suite, which includes the Construction Edition, Manufacturing Edition, Distribution Edition, Retail Edition and General Business Edition. Acumatica’s commitment to delivering industry-specific solutions highlights its understanding of the distinct challenges businesses face across various sectors. Business services and software review platform G2 recently recognized Acumatica’s dedication by awarding the company top positions in categories such as the Construction Relationship Index, Distribution ERP and Project-Based ERP. The Professional Services Edition reinforces Acumatica’s approach to specialized technology that is capable of managing complex, project-driven environments with precision and efficiency.

Request a demo to learn more about Acumatica Professional Services Edition.

About Acumatica

Acumatica Cloud ERP is a comprehensive business management solution that was born in the cloud and built for more connected, collaborative ways of working. Designed explicitly to enable small and mid-market companies to thrive in today’s digital economy, Acumatica’s flexible solution, customer-friendly business practices and industry-specific functionality help growing businesses adapt to fast-moving markets and take control of their future. For more information, visit acumatica.com or follow us on LinkedIn.

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October 2, 2024

Cloud ERP Provider Reinforces AI Functionality and Introduces Industry-Specific Upgrades

 

Bellevue, Wash., – October 2, 2024 — With over 350 new enhancements shaped by direct input from its thriving community of 26,000+ members, Acumatica Cloud ERP today unveiled its highly anticipated 2024 R2 product release. This customer-driven update underscores Acumatica’s ongoing effort to transform the ERP landscape with modern, future-ready solutions built on cutting-edge technology and practical innovation. 2024 R2 incorporates customer recommendations that enhance usability, increase visibility into critical information and boost operational efficiency for small and mid-sized businesses.

“Everything about the 2024 R2 release, including the hundreds of new features, enhancements and upgrades across the platform, focuses on customer value,” said Ali Jani, chief product officer at Acumatica. “R2 also contains the core building blocks that will allow us to further accelerate our AI and human design elements over the next few years.”

The 2024 R2 update includes the controlled release of Acumatica’s new User Interface (UI), previewed initially at Summit 2024. The modern UI allows users to personalize and simplify screen layouts across their team, making everyday tasks more intuitive and collaborative.

Additionally, Acumatica introduced integration with general inquiry functionality that enables users to leverage AI to identify exceptions or anomalies in transaction reviews, bringing a new level of insight into data management.

The new release also brings key enhancements to each of Acumatica’s Industry Editions, including:

  • Construction Edition: On-demand ProForma invoice creation, substantiated billing, and new processes and functions for the project billing workflow.
  • Distribution Edition: The introduction of Sales Order Margin Analysis Anomaly Detection with advanced AI algorithms to detect patterns and anomalies that traditional methods miss.
  • Manufacturing Edition: Enhancements in the estimating module, including a new Estimate Worksheet, will enable manufacturers to estimate costs for multiple quantities, improving accuracy.
  • Retail Edition: Support for Amazon returns and enhancements to Acumatica’s Shopify integration, allowing volume pricing and quantity rules.
  • General Business Edition: Direct integration with banks to automate reconciliation and expense management, saving time and reducing errors.

A new Industry Edition targeting professional services companies is expected later this month.

“At Acumatica, we’re committed to continuous innovation, ensuring our solutions are always a step ahead in the ever-changing technology landscape,” said Jani. “From day one, we designed Acumatica to be adaptable and technology agnostic, so our customers always have a modern, powerful platform at their fingertips. With technological advancements embedded in 2024 R2, it’s the perfect time for customers to benefit from the latest advancements and future innovations we have in store.”

To experience these advancements firsthand, watch the virtual launch video and see how Acumatica 2024 R2 can transform operations  with its latest innovations and user-focused design. For details on each Industry Edition’s new features and enhancements, please visit the 2024 R2 Release website.

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About Acumatica

Acumatica Cloud ERP is a comprehensive business management solution that was born in the cloud and built for more connected, collaborative ways of working. Designed explicitly to enable small and mid-market companies to thrive in today’s digital economy, Acumatica’s flexible solution, customer-friendly business practices and industry-specific functionality help growing businesses adapt to fast-moving markets and take control of their future. For more information, visit acumatica.com or follow us on LinkedIn.

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October 2, 2024

Community Event Returns to Wynn Las Vegas for Fifth Year

Bellevue, Wash., – October 2, 2024 — Acumatica today announced it has opened registration for Acumatica Summit 2025 and revealed some of the key highlights, activities and sessions that attendees can expect to see and experience at this premier cloud ERP industry event. The Summit will return to Wynn Las Vegas for its fifth year, and is scheduled to run from Sunday, January 26, to Wednesday, January 29, 2025.

Acumatica’s commitment to helping customers thrive and succeed is core to the company’s ethos. The annual Summit is the premier event where this commitment comes to life. The Acumatica Community of customers, partners, developers and industry analysts gather at Summit to increase their knowledge of the company’s cloud ERP software and learn innovative ways to apply technology to their operations. They also discuss the latest market-shaping trends and technological advancements, fostering an environment for making connections and forging relationships.

“We’ve intentionally designed Acumatica Summit to provide an ideal environment for all attendees to learn about the latest technologies, participate in informative and interactive sessions and engage directly with experts to apply best practices and new product features to help spur business growth,” said Todd Wells, chief marketing officer of Acumatica. “Summit is where our Acumatica Community comes together to network, exchange ideas and unlock what’s next for business technology.

Acumatica Summit 2025 offers all the great things that won Summit 2023 its Globee® “Event of the Year” award for creating an “unprecedented sense of community.” The event will include:

  • Social events such as the Welcome Reception, the Summit Celebration Dinner & Party at the XS Nightclub, yoga, morning runs and the closing reception.
  • Acumatica’s vibrant Marketplace, spanning two ballrooms and offering interactive booths, partner showcases, professional headshots, entertainment and other activities.
  • The always popular Women in Tech Luncheon and Women in Tech Networking Reception, featuring inspiring speakers and hundreds of attendees.

Register to attend Acumatica Summit 2025 by visiting this page: https://summit.acumatica.com/.

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About Acumatica

Acumatica Cloud ERP is a comprehensive business management solution that was born in the cloud and built for more connected, collaborative ways of working. Designed explicitly to enable small and mid-market companies to thrive in today’s digital economy, Acumatica’s flexible solution, customer-friendly business practices and industry-specific functionality help growing businesses adapt to fast-moving markets and take control of their future. For more information, visit acumatica.com or follow us on LinkedIn.

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September 9, 2024

Enhanced MRP Application and Redesigned UI Affirm Acumatica’s Commitment to Customer-Driven Innovation and Industry-Leading Usability

Bellevue, Wash., – September 9, 2024 — Acumatica’s latest updates to its Manufacturing Edition ERP solution highlight the company’s unwavering commitment to meeting customers’ evolving needs as part of an ongoing effort to enhance its offerings in response to modern manufacturing challenges. Acumatica’s powerful, flexible and user-friendly business management solution includes current features and new capabilities designed to empower manufacturers to stay ahead in a turbulent market by successfully navigating supply chain inconsistencies and accurately forecasting inventory.

These new capabilities will be on full display at IMTS 2024, the largest manufacturing technology show in the Western Hemisphere, which will take place in Chicago, Ill., September 9-14. At the annual event, Acumatica will showcase its latest enhancements for manufacturers, including updates to its Material Requirements Planning (MRP) application. The MRP application improves supply chain management by offering demand planning and forecasting with time-phased purchase and production orders, kit assembly and warehouse transfer recommendations.

“IMTS attendees will have an opportunity to see firsthand how our latest updates enable manufacturers to optimize their operations and achieve greater efficiency,” said Debbie Baldwin, director of product management, manufacturing, at Acumatica. “Our customers drive our innovation, and we’re confident our new MRP capabilities will provide significant value in their day-to-day operations.”

Acumatica’s MRP application offers several leading-edge capabilities specifically designed to help manufacturers, including:

  • Forecasting optional stock and non-stock kit components to drive material demand planning.
  • Planning horizons that enable organizations to define time-constrained data for inclusion in supply and demand calculations.
  • MRP and Distribution Requirements Planning (DRP) configuration to include or exclude sales order types, improving planning by excluding returns and other orders from inventory planning calculations.
  • The ability to mark warehouses inactive in MRP/DRP configuration, enabling manufacturers to exclude warehouses from inventory forecasting.

To further showcase these advancements, Acumatica experts will demonstrate the cloud ERP platform’s newly designed user interface (UI) to IMTS attendees. Initially unveiled at Acumatica Summit 2024 and currently in developer preview, the future UI delivers an unparalleled user experience with unmatched personalization and improved customization.

“Acumatica has long prioritized usability in product development,” said Baldwin. “We understand that for technology to truly be effective, it must be intuitive and user-friendly. Our focus remains on creating solutions that not only meet the complex needs of manufacturers but also provide technology they love to use. The new UI is a testament to our commitment to delivering a seamless and engaging user experience.”

To learn more about how Acumatica can enhance manufacturing operations, visit booth no. 133112 at IMTS or visit www.acumatica.com.

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About Acumatica

Acumatica Cloud ERP is a comprehensive business management solution that was born in the cloud and built for more connected, collaborative ways of working. Designed explicitly to enable small and mid-market companies to thrive in today’s digital economy, Acumatica’s flexible solution, customer-friendly business practices and industry-specific functionality help growing businesses adapt to fast-moving markets and take control of their future. For more information, visit acumatica.com or follow us on LinkedIn.

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August 27, 2024

Cloud ERP Provider Recognized by G2, Nucleus Research, IDC MarketScape, Gartner, TrustRadius, Globee and CRN for Superior Performance, Customer Satisfaction and Value for Midmarket Businesses

Bellevue, Wash., – August 27, 2024 — Several top publications, review sites and analyst firms have recently published reports reinforcing Acumatica’s leadership in the ERP market and validating the company’s relentless pursuit to address the most pressing challenges facing small and mid-sized businesses (SMBs). In recent surveys and reports from G2, Nucleus Research, IDC MarketScape, Gartner, TrustRadius, Globee and CRN, Acumatica scored high in areas that mean the most to emerging businesses looking to grow their operations and drive operational excellence with modern technologies.

“These reviews, industry reports and award recognitions validate our customer-focused product innovation approach and offer further evidence that Acumatica consistently meets and exceeds our customers’ needs and expectations,” said John Case, CEO of Acumatica. “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.”

G2 Summer 2024 Reports

Acumatica achieved No. 1 rankings in 20 separate categories in the G2 Summer 2024 Reports. Notable rankings include top positions in the ERP Systems Momentum Grid, Accounting Grid and Mid-Market Relationship Index. Acumatica also excelled in specific industry segments, securing leading positions in the Construction Relationship Index, Discrete ERP, Distribution ERP, Project-Based ERP and Advanced Planning and Scheduling (APS) categories.

The G2 reports are based on feedback and reviews provided by real Acumatica users, underscoring the company’s dependable performance and enduring customer relationships in the mid-market ERP space.

Nucleus Research: SMB ERP Technology Value Matrix & Acumatica in the Midmarket

Nucleus Research highlighted Acumatica as a leader in the ERP market in its 2024 SMB ERP Technology Value Matrix Report. The report emphasizes the functionality gap between legacy systems and modern ERP solutions, underscoring the need for SMBs to adopt advanced technologies like Acumatica to remain competitive. The report also ranks Acumatica highest in the market regarding usability – a key priority in the company’s product development efforts.

In addition, Nucleus Research published the Acumatica in the Midmarket Report, analyzing how Acumatica has impacted customers. Through interviews with midmarket businesses across industries, Nucleus Research acknowledged the key benefits of implementing Acumatica Cloud ERP, including improved operational efficiency, enhanced financial management and optimized resource allocation.

2024 IDC MarketScape

Acumatica was recognized as a Leader in both the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Medium-Sized Business ERP Applications 2024 Vendor Assessment (doc #US50655223, May 2024) and the IDC MarektScape: Worldwide SaaS and Cloud-Enabled Small Business ERP Applications Vendor Assessment (doc #US50655023e, March 2024). The reports evaluate ERP solutions and the latest trends, such as cloud adoption and industry-specific features.

According to the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Medium-Sized Business ERP Applications 2024 Vendor Assessment, “Acumatica offers hosting flexibility that many rapidly growing medium-sized businesses need as they evolve and grow. It offers cloud ERP with on-premises capabilities so customers can host on their own private cloud, or clients can use AWS to host or use a hybrid of the two.”

Gartner® Peer Insights Voice of the Customer Report

Acumatica is commended as a Strong Performer in the 2024 Gartner Peer Insights Voice of the Customer for Cloud ERP for Product-Centric Enterprises Report. As of May 2024, Acumatica has an overall rating of 4.5 out of 5, based on 24 reviews with willingness to recommend at 96%.

Gartner defines cloud ERP for product-centric enterprises as a market for application technology that supports the automation of operational and financial activities for the manufacturing, distribution, delivery and servicing of goods. Cloud ERP for product-centric enterprises is delivered under a SaaS license model with frequent updates, where application support and infrastructure are the responsibility of the vendor.

Award Wins: TrustRadius, Globee and CRN

The Cloud ERP provider received the Trust Radius TechCares Award for the third consecutive year, demonstrating the company’s ongoing dedication to sustainability, diversity, equity and inclusion efforts, as well as community support.

Fortifying its customer-first ethos, Acumatica received a gold award for Achievement in Customer-Centric Solutions at the 9th Annual 2024 Globee® Awards for American Business. The company’s innovation and customer-focused approach also earned it a spot on the CRN MES Midmarket 100, which highlights vendors offering tailored solutions for midsize businesses.

“With Acumatica, customers can confidently rely on a cloud ERP platform that’s adaptable, scalable, user-friendly and tailored to their unique and evolving needs. We take seriously our responsibility to set and maintain a high standard of excellence in developing business software that places customers at the center of innovation and progress,” said Case. “We look forward to continuing to innovate and push the boundaries of what’s possible, enabling our customers to grow and succeed on their terms.”

To discover how Acumatica’s award-winning cloud ERP solutions can drive growth and efficiency for your business, visit www.acumatica.com/ or request a call from our team via www.acumatica.com/request-more-information/.

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August 14, 2024

QuickBooks graduates experience growth and success with a modern cloud ERP platform that enhances visibility and automates processes

Bellevue, Wash., – August 14, 2024 — Many small to mid-sized businesses (SMBs) reach a crossroads when growth outpaces the capabilities of basic accounting software like QuickBooks. As business operations become more complex, QuickBooks’s limitations can result in roadblocks that hinder efficiency, productivity and scalability. An increasing number of businesses have graduated from QuickBooks and succeeded in achieving their growth ambitions with Acumatica Cloud ERP. The comprehensive business management solution offers advanced accounting capabilities, seamless application integrations, superior usability and scalable solutions tailored to specific industries.

“We are seeing more and more companies that need to scale their operations and are ready to leap to a comprehensive business management solution,” said John Case, CEO of Acumatica. “For growing SMBs, Acumatica is not just an upgrade; it’s a complete reimagining of business management, designed to meet their changing needs.”

One customer that has outgrown its basic accounting software and embraced cloud ERP is Phoenix Renovation & Restoration, a contracting company that previously relied on QuickBooks for accounting. The system struggled to support expanding operations, making simple accounting tasks time-consuming and inhibiting cash flow projection. Once team members finalized reports, they were often two to three weeks outdated due to manual data entry. The company needed a more robust solution to simultaneously manage hundreds of open projects.

“Acumatica has made our lives easier by providing enhanced visibility, creating a culture and expectation of accountability and providing our team with real-time data at their fingertips anytime, anywhere,” said Eric Hugunin, chief operating officer of Phoenix Renovation & Restoration. “Since going live on Acumatica, we’ve eliminated the need to tap into our line of credit, becoming cash flow positive for the longest period in 25 years.”

“Many businesses have been using QuickBooks alongside other disparate systems such as CRM and inventory management,” said Case. “Acumatica Cloud ERP goes beyond just replacing these starter systems like QuickBooks and consolidates all these operations into a single platform, offering a powerful system that enables businesses to transform their operations through streamlined processes, enhanced visibility and access to real-time data for better decision-making. Additionally, customers have the flexibility to customize and integrate Acumatica with hundreds of other solutions.”

Acumatica customer DiamondBack Truck Covers, a truck bed cover manufacturer, struggled with inefficiencies when feeding several systems into QuickBooks. These obstacles resulted in hours spent on manual data entry, creating bottlenecks in order tracking and customer relationship management. Acumatica reduced the time needed to gather data by 90%, enhancing efficiency through automation.

Similarly, Q-PAC Systems, Inc., a custom plug-and-play fan system manufacturer, needed more visibility into its production and inventory, which hindered its growth potential. After adopting Acumatica, Q-PAC benefited from automated processes, saving valuable time and improving inventory and production tracking. The company also experienced enhanced billing accuracy and more efficient warehouse management. Leveraging Acumatica, Q-PAC will be able to support its growth plans of increasing production by five to 10 times.

These customers are only a handful of the hundreds of organizations that have found business success transitioning from QuickBooks to Acumatica Cloud ERP. Businesses across industries are growing rapidly, and Acumatica delivers the modern ERP solutions they need to reach new heights.

“QuickBooks is suitable for small organizations needing basic accounting capabilities. However, as businesses embark on their growth journey, they require a more comprehensive and adaptable solution. That’s where Acumatica comes in,” said Case. “We deliver a scalable business solution engineered to grow their operations and tailored to their specific industry needs.”

Companies can confidently manage growth and complexity with Acumatica and ensure long-term success. To learn more about how Acumatica can support your business’s growth objectives, request a demo at https://www.acumatica.com/request-a-demo/.

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About Acumatica

Acumatica Cloud ERP is a comprehensive business management solution that was born in the cloud and built for more connected, collaborative ways of working. Designed explicitly to enable small and mid-market companies to thrive in today’s digital economy, Acumatica’s flexible solution, customer-friendly business practices and industry-specific functionality help growing businesses adapt to fast-moving markets and take control of their future. For more information, visit acumatica.com or follow us on LinkedIn.

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August 1, 2024

Veteran Technology Leader Miten Mehta to Drive Innovation and Customer-Centric Development for Acumatica’s Cloud ERP Solutions

Miten Mehta Headshot

Bellevue, Wash., – August 1, 2024 — Acumatica today announced that it has bolstered its product leadership ranks by hiring veteran technology leader Miten Mehta as the company’s chief engineering officer. Mehta will lead a growing and geographically diverse global team of engineers, developers and designers responsible for architecting, developing and deploying Acumatica’s leading-edge cloud ERP solution. Mehta’s strategic leadership will be a driving force in executing the company’s product vision and modernizing its engineering processes, propelling the company into a new era of business innovation.

“As Acumatica has scaled, we wanted to bring in an experienced engineering leader to help lead us into this next, exciting stage of growth for the company,” said John Case, CEO of Acumatica. “Miten’s leadership and expertise will be instrumental in streamlining our development processes, so we are better able to execute our ambitious product vision and deliver on our commitment to customer-driven innovation and excellence.”

“Acumatica is setting the standard for customer-driven innovation, and I’m excited to join a team that prioritizes understanding and responding to its users’ real-world needs,” said Mehta. “I’m eager to contribute to Acumatica’s vision of delivering unparalleled value and help propel the industry-leading cloud ERP solution to new heights.”

Mehta’s appointment will allow Acumatica Chief Technology Officer and company founder Mike Shchelkonogov to focus on the company’s future technology vision, including developing innovative new features and the ongoing evolution of its open and adaptable Cloud ERP Platform.

“As Acumatica continues to grow and scale, we now have an amazing team in place to build on the company’s outstanding legacy of product vision and strategic execution,” said Case. “Mike’s vision and Miten’s strategic insights will increase our capacity to systematically deliver product enhancements while continuing to push the envelope with innovations that reimagine what is possible for business technology.”

Mehta has a strong background in internet-scale cloud services, extensible platforms, distributed systems and client applications, and expertise across various domains, including CRM, field services, social networking, communication, mobile platforms, online games, eCommerce, lifestyle, wellness and entertainment. Prior to joining Acumatica, Mehta served as senior vice president of engineering at Salesforce, co-founded a startup LifeON24 and led engineering organizations at Microsoft.

Acumatica releases twice-annual product updates, with the latest release – Acumatica 2024 R1 – launched in early April of this year. The company’s next release, Acumatica 2024 R2, is expected in early October.

Individuals interested in joining Acumatica’s vibrant and collaborative team can explore open positions here: https://www.acumatica.com/careers/.

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About Acumatica

Acumatica Cloud ERP is a comprehensive business management solution that was born in the cloud and built for more connected, collaborative ways of working. Designed explicitly to enable small and mid-market companies to thrive in today’s digital economy, Acumatica’s flexible solution, customer-friendly business practices and industry-specific functionality help growing businesses adapt to fast-moving markets and take control of their future. For more information, visit acumatica.com or follow us on LinkedIn.

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July 24, 2024

Alliance Members Will Have Access to Resources, Training and Support and are Eligible for Benefits in Identifying Prospective Customers

Bellevue, Wash., – July 24, 2024 — Acumatica, the world’s fastest-growing cloud ERP provider, today announced a new program designed to increase its reach in identifying small and mid-sized businesses that would benefit from cloud-based business management solutions. The no-cost Alliance Program, launched this week, aims to drive co-innovation for growth, foster collaboration at scale and invest in the future. By partnering with industry, technology and finance experts, Acumatica will enhance efficiency and drive operational excellence, supporting businesses as they transform their operations.

Organizations eligible to become Alliance Members are those focused on helping companies grow and succeed in an evolving business landscape. Businesses that join the program will receive various sales and marketing benefits, including access to Acumatica content and go-to-market strategy, industry expertise, training portals, marketing automation tools and social syndication platforms.

“With the Alliance Program, Acumatica now offers a robust platform for organizations looking to build a partnership with us,” said Sanket Akerkar, chief revenue officer at Acumatica. “Whether you’re an accounting firm, private equity firm, independent software vendor, consulting firm or any other organization, we now have a program specifically designed to bring you into the best and most collaborative ecosystem in the Cloud ERP market.”

Alliance Members are experts in understanding their customers’ current state, needs and business objectives. Acumatica customers collaborating with Alliance Members to bolster their Cloud ERP transformation journeys will benefit from tailored support, strategic direction and innovative solutions to propel their business forward.

“In partnership with Alliance Members, we will create synergies, enhance solutions, market and sell our offerings, refer customers and share best practices while collaborating on innovation,” said Daniel Oh, vice president of business development at Acumatica. “Alliance Members gain access to a robust community and resources that empower them to deliver comprehensive solutions to help businesses thrive in an increasingly competitive market.”

Organizations interested in becoming an Acumatica Alliance Member can schedule an appointment with Acumatica by visiting https://www.acumatica.com/partners/alliance/.

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About Acumatica

Acumatica Cloud ERP is a comprehensive business management solution that was born in the cloud and built for more connected, collaborative ways of working. Designed explicitly to enable small and mid-market companies to thrive in today’s digital economy, Acumatica’s flexible solution, customer-friendly business practices and industry-specific functionality help growing businesses adapt to fast-moving markets and take control of their future. For more information, visit acumatica.com or follow us on LinkedIn.

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July 18, 2024

Long-Time Partners Highlight ‘MYOB Acumatica’ Solution with Innovative Capabilities and Acumatica Community Support

Bellevue, Wash., – July 18, 2024 — Acumatica, the world’s fastest-growing cloud ERP company, has expanded its long-time partnership with MYOB, an Australia-based software provider, providing industry-leading capabilities and Acumatica Community support to help small and sized businesses grow. In launching this new era together, MYOB has renamed its Australian and New Zealand (ANZ)-specific version of Acumatica Cloud ERP, MYOB Advanced, to MYOB Acumatica. The name change marks a significant milestone in the decade-long strategic relationship between Acumatica and MYOB, highlighting MYOB’s impact as an original equipment manufacturer (OEM) partner in developing localized capabilities with the Acumatica ERP solution.

This new era of the partnership strengthens the companies’ efforts to provide mid-sized businesses in ANZ with access to the global Acumatica Community. By joining the Acumatica community, ANZ businesses can leverage exclusive resources, participate in insightful discussions and share knowledge with more than 22,000 worldwide Acumatica users.

“Our partnership with MYOB has been instrumental in delivering leading-edge technology to businesses in Australia and New Zealand,” said John Case, CEO of Acumatica. “We’re excited to deepen our collaboration to bring greater innovation to mid-sized businesses in the region. We’re confident that MYOB Acumatica will deliver superior solutions that drive growth, efficiency and success for organizations across industries.”

The strengthened collaboration unites the expertise of both companies to offer unparalleled value to ANZ businesses. As Acumatica’s exclusive ANZ partner, MYOB localizes and enhances the Acumatica platform to meet regional needs. In this new era of the partnership, MYOB’s mid-market solutions, including MYOB Advanced Payroll and Advanced Workforce Management, will be renamed “MYOB Acumatica Payroll” and “MYOB Acumatica Workforce Management.”

“Delivering the power of Acumatica’s platform to mid-sized businesses across Australia and New Zealand for the past decade, we’ve seen thousands of organizations benefit from a truly localized cloud ERP that not only meets their needs as they grow but is also one of the most globally awarded ERP platforms available in the ANZ region,” says Kim Clarke, MYOB executive general manager, enterprise and practice. “This innovation pedigree from Acumatica is reinforced by our very own Australian and New Zealand development, service and support teams who localize the platform and have built specific employee workflows to complete our offering – ensuring it is the only platform that natively connects customer, employee, operational and financial workflows all in one place.”

Acumatica and MYOB are committed to continuing the tradition of excellence by delivering state-of-the-art ERP solutions that empower businesses to adapt and thrive in an ever-changing global market. For more information, visit https://www.myob.com/au/erp-software/products/myob-acumatica.

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About Acumatica

Acumatica Cloud ERP is a comprehensive business management solution that was born in the cloud and built for more connected, collaborative ways of working. Designed explicitly to enable small and mid-market companies to thrive in today’s digital economy, Acumatica’s flexible solution, customer-friendly business practices and industry-specific functionality help growing businesses adapt to fast-moving markets and take control of their future. For more information, visit acumatica.com or follow us on LinkedIn.

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July 11, 2024

Business Management Solutions Company’s Successful Initiative Provides Hands-On ERP System Training to Equip Students with In-Demand Skills

Bellevue, Wash., – July 11, 2024 — To help address the growing demand for cloud-based business solutions and the resulting need for skilled technical professionals, Acumatica today announced that it plans to expand a program offering college-level courses designed to prepare digital-native students for the workforce. The Acumatica College Education Program, which specializes in providing hands-on experience with the Acumatica Cloud ERP solution, is now branching out to other colleges to replicate successful learning experiences and further equip more students with essential skills.

As businesses evolve with rapid technological advancements, there’s an increasing demand for programs that arm a new generation with necessary STEM (Science, Technology, Engineering and Math) skills. Acumatica is leading the way in ensuring graduates are prepared to meet the expectations of modern employers and contribute effectively from their first day of employment.

The initial beta program, developed by Infinity Resources Management (IRM), was successfully launched in 2023 at Farmingdale State College, part of the State University of New York (SUNY) system. In May 2024, Farmingdale celebrated the graduation of its second Acumatica ERP class. All graduates received an Acumatica Welcome badge and Business Consultant certification upon completing the course. Plans are underway to develop and introduce more courses to additional colleges, including the Sam M. Walton College of Business at the University of Arkansas, the School of Management at the University of Michigan-Flint and the University of Hawaii Maui College.

“We’re committed to providing more students with the essential skills and knowledge they need in real-world situations through firsthand experience with our innovative business technology,” said John Case, CEO of Acumatica. “Our College Education Program not only empowers a new generation of digital natives with skills that are in high demand but also addresses a growing need for technical expertise to help businesses transform their operations.”

The comprehensive course gives students a thorough understanding of an ERP system’s principles and fundamental processes. Using Acumatica ERP and a Learning Management System (LMS), students benefit from an immersive online learning experience featuring text, videos, case studies of Acumatica customers and hands-on use of the Acumatica Cloud ERP software. For students who complete the courses, recruitment support from TwentyAI is available, helping them transition smoothly into the workforce.

“This program is not just about education—it’s about molding career pathways. We’re bridging the gap between academic training and real-world employment,” said Gene Caiola, managing partner at IRM. “We’re confident that students with Acumatica Cloud ERP skills will be highly sought after in the workforce, setting them up for long-term professional success.”

For more information about the course or Acumatica, please reach out to Luis Goncalves at Luis.Goncalves@acumatica.com.

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About Acumatica

Acumatica Cloud ERP is a comprehensive business management solution that was born in the cloud and built for more connected, collaborative ways of working. Designed explicitly to enable small and mid-market companies to thrive in today’s digital economy, Acumatica’s flexible solution, customer-friendly business practices and industry-specific functionality help growing businesses adapt to fast-moving markets and take control of their future. For more information, visit acumatica.com or follow us on LinkedIn.

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June 6, 2024

Acclaimed Cloud ERP Company Moves to Larger Office to Accommodate Expanding Employee Base

Bellevue, Wash., June 6, 2024 — Acumatica, a cloud ERP solutions pioneer, today announced that it has relocated its headquarters to the Corporate Campus East complex in the heart of Bellevue, Wash. The new office, which officially opens this week, will enable Acumatica’s ongoing growth by providing expanded space for more employees.

Acumatica has nearly tripled in size since 2018, boasting nearly 700 employees globally, with more than 60 based in the Puget Sound region. The company recently earned “Great Place to Work” certification, with 98% of employees stating they are proud to tell others they work for the cloud ERP provider. In addition, Acumatica was honored as one of Washington State’s Best Companies to Work For in 2023. These workplace recognitions highlight Acumatica’s achievement in fostering a dynamic environment where employees can excel.

As a testament to its growth, Acumatica’s new 12,000+-square-foot headquarters marks a significant expansion from its previous office. This upgrade nearly doubles the desk capacity and increases the number of conference rooms, delivering on the company’s commitment to providing a collaborative and innovative workspace for its expanding team.

“Moving to our new, expanded Bellevue headquarters marks a significant milestone in Acumatica’s growth journey. We’re not just opening doors to a larger office—we’re setting the stage for the future growth of our team and our business,” said John Case, CEO of Acumatica. “The new headquarters reflects our commitment to invest in our people and enhance our operational capabilities. Together with an evolving partner ecosystem and expanded customer base, the new office clearly shows that we have embarked on a new era of growth for Acumatica.”

Under Case’s leadership, Acumatica continues to grow, planning to increase its global team by 20% in 2024. By situating itself in the heart of the thriving Puget Sound tech landscape, Acumatica is well-positioned to attract top talent and innovate alongside leading companies, setting a new standard for modern workplaces in tech.

“Our priority is to continue building on our flexible, hybrid work model, where employee collaboration and creating a friendly environment are key,” said Martha Lucia Groulx, chief people officer at Acumatica. “We know that our people are our greatest and most vital asset, and our new space empowers them to collaborate while having leadership support, allowing employees to leverage their skills and drive impact at Acumatica.”

Acumatica invites individuals interested in career opportunities to visit its careers page. Learn more and apply at https://www.acumatica.com/careers/.

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About Acumatica

Acumatica Cloud ERP is a comprehensive business management solution that was born in the cloud and built for more connected, collaborative ways of working. Designed explicitly to enable small and mid-market companies to thrive in today’s digital economy, Acumatica’s flexible solution, customer-friendly business practices and industry-specific functionality help growing businesses adapt to fast-moving markets and take control of their future. For more information, visit acumatica.com or follow us on LinkedIn.

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May 16, 2024

Participating Acumatica Customers Receive One-Year CFMA Membership

Bellevue, Wash. – May 16, 2024Acumatica, an industry-leading business solutions provider, and the Construction Financial Management Association (CFMA), announced a program to provide a free one-year CFMA membership to Acumatica construction customers. The “Build Better with Acumatica and CFMA” Program is designed to provide emerging mid-sized construction companies with the resources CFMA offers alongside award-winning cloud ERP functionality tailored to their specific construction needs.

Acumatica construction customers can submit their data to CFMA’s Financial Benchmarker through Acumatica’s Construction Edition. The Financial Benchmarker helps construction financial professionals evaluate their company’s performance and report on how it compares with the industry regarding key ratios and interpretive commentary on liquidity, profitability, leverage and efficiency. Participating customers will be able to compare their companies’ financial performance with peer results in composite and access educational materials available through CFMA.

“We understand the transformative shift the construction industry faces, fueled by rapid technological advancement and evolving workforce demographics,” said Joel Hoffman, director of product management, construction, at Acumatica. “Intelligent business management systems like Acumatica are crucial to overcoming these challenges. Our participation in the CFMA conference and ‘Build Better Program’ showcases how our solution can enhance efficiency, ensure compliance and attract tech-savvy talent for construction firms while highlighting the benefits of CFMA membership, including valuable resources, expertise and networking opportunities.”

Construction firms interested in the program and Acumatica’s business management solution can demo the technology at CFMA’s 2024 Annual Conference & Exhibition. The event will take place from May 18-22 at the Gaylord Texan Resort & Convention Center in Grapevine, Texas. Acumatica is set to showcase its Construction Edition, highlighting the transformative impact of its product on enabling construction companies to navigate industry challenges, including complex project portfolios, stringent compliance requirements and talent acquisition and retention.

Acumatica Construction Edition is built to equip construction businesses with a fully connected, integrated, automated system resting on a secure, intelligent platform accessible from any device. The product meets the front office, back office and job site needs of residential and commercial construction professionals, providing them with a single source of truth with comprehensive business data and project management capabilities.

“We’re thrilled to welcome Acumatica to CFMA’s 2024 Annual Conference & Exhibition and to partner with them in the ‘Build Better Program’,” said Neil Shah, president and CEO of CFMA. “Acumatica’s commitment to empowering mid-market construction firms aligns with our mission to equip construction financial professionals with the tools they need to achieve financial excellence and operational efficiency.”

To learn more about Acumatica Construction Edition, stop by booth 121 or visit acumatica.com/cfma. To learn more about the Construction Financial Benchmarker or CFMA, visit cfma.org.

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About Acumatica

Acumatica Cloud ERP provides the best business management solution for transforming your company to thrive in the new digital economy. Built on a future-proof platform with open architecture for rapid integrations, scalability, and ease of use, Acumatica delivers unparalleled value to small and midmarket organizations. Connected Business. Delivered. For more information, visit www.acumatica.com.

 

About CFMA

The Construction Financial Management Association (CFMA) is the only nonprofit organization dedicated to serving the needs of today’s construction financial professionals. CFMA provides essential resources, education, and a supportive community for individuals across various sectors within the construction industry. CFMA’s Certified Construction Industry Financial Professional (CCIFP) designation has been the recognized standard of excellence for competent and ethical construction financial management for 20 years. For more information about CFMA, visit www.cfma.org.

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May 14, 2024

Small and mid-sized companies cite Acumatica’s scalable solutions and unlimited user licensing in driving efficiency, innovation and expansion

Bellevue, Wash., May 14, 2024 — Acumatica, a leader in next-generation business management solutions, today spotlighted the tremendous growth its mid-market customers are achieving by leveraging modern ERP technology to streamline operations, strengthen decision-making and achieve ambitious growth goals. Beyond product capabilities, customers cite the company’s unlimited-user licensing as essential to organizational growth and employee empowerment.

A recent SMB Group report found that despite economic challenges facing small to mid-sized businesses (SMBs), leaders remain resilient and optimistic about the future. The majority of SMBs surveyed regard technology as “fundamental to staying competitive and achieving growth.” Acumatica is designing its solutions and aligning its approach to help businesses realize their top strategic objectives.

“Every company’s growth journey is unique,” said Acumatica CEO John Case. “Our role as a cloud ERP provider is to deliver scalable solutions that enable  businesses to grow on their terms. By integrating innovative functions into a cohesive platform and offering a growth-friendly licensing model, Acumatica empowers today’s mid-market businesses to leverage data-driven insights and capitalize on their unique growth opportunities.”

Acumatica customer Telesis, Inc.’s unique growth journey started with the challenge of managing five separate companies—in a diverse range of business areas, including data security, real estate holdings, urban farming, a brewery and a collection of local restaurants—under one organizational umbrella. Previously, Telesis, Inc. used several disconnected software solutions to manage operations, producing  inefficiencies and errors in repetitive data entries. The company’s leaders  knew they needed a single system to consolidate business information, reduce errors, streamline operations and open the door for growth.

“Acumatica helped us exceed our growth goals,” said Renee Schafer, director of operations at Data Security, Inc. “[We’ve scaled] from $14 million to $21 million in revenue since implementation, and that was only three years ago. We could not have done it without Acumatica.”

Part of this growth included launching a new business. Historically, ERP applications posed obstacles to growth, but Telesis, Inc. had a different experience with Acumatica Cloud ERP.

“We launched Avert, our hydroponics farm after we implemented Acumatica. As a group of serial entrepreneurs, this was the first time we found it so much easier using an ERP to grow and launch a new business than any time in the past,” said Schafer.

Schafer also cited Acumatica’s unique unlimited user consumption-based licensing model as another catalyst for growth. Telesis, Inc.’s previous ERP was a user-based licensing model that made it difficult and expensive to add users. Telesis, Inc.’s data security company only had two users in that ERP system. Now, 62% of the company’s employees use Acumatica. “Limiting our users slowed us down, and we didn’t even know it […] Acumatica makes it easy. We can easily add any user at any time, across any of our companies.

Acumatica customer Dukathole Group has had similar success using Acumatica to add new businesses, citing the cloud ERP provider’s licensing model as vital to its growth.

After implementing Acumatica, Dukathole grew from three brick manufacturing sites to eight, with operations spanning the entire value chain from brick manufacturing to delivery and construction of subsidized houses. Having Acumatica as its foundation for financial, manufacturing and construction operations provided Dukathole with the information it needed to transform from a concrete brick manufacturer into one of South Africa’s leading home builders and home-building product suppliers.

“The flexibility in Acumatica helps to support our entrepreneurial spirit,” said Graham Leonard, chief financial officer and operations manager of Dukathole. “When we add a new company, we don’t have to buy extra software user licenses. Instead, we just create a new branch in Acumatica and quickly integrate them into Dukathole Group. Growth has never been easier.”

Pavement maintenance company American Asphalt Repair & Resurfacing has continuously grown between 7% and 10% each year since implementing Acumatica. The company has praised Acumatica’s scalability and ease of use in expanding operations to new jurisdictions.

“We can run multiple companies with one platform, and Acumatica gives us the flexibility to set up new tax IDs with a click of a button versus making a major investment in IT,” said Shel Waggener, president of American Asphalt Repair & Resurfacing. “Any company looking to grow into the future needs an IT strategy that advances its business. If you need to integrate data and you want to move faster with your business, then Acumatica is the perfect solution.”

Since it’s inception in 2008, Acumatica has been commmited  to providing small and mid-market companies with modern ERP that could help them scale and grow. Thousands of organizations leverage Acumatica’s versatile and scalable platform to simplify complex business processes, enhance operational efficiency and achieve their growth potential. As scores of Acumatica customer stories illustrate, whether it’s launching new ventures or scaling existing operations, Acumatica remains a pivotal partner in the entrepreneurial journey of today’s mid-market businesses.

To learn how Acumatica can empower your business to build a solid foundation for growth, visit www.acumatica.com/request-a-demo/.

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About Acumatica

Acumatica Cloud ERP is a comprehensive business management solution that was born in the cloud and built for more connected, collaborative ways of working. Designed explicitly to enable small and mid-market companies to thrive in today’s digital economy, Acumatica’s flexible solution, customer-friendly business practices and industry-specific functionality help growing businesses adapt to fast-moving markets and take control of their future. For more information, visit acumatica.com or follow us on LinkedIn.

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May 1, 2024

Cloud ERP Provider’s Unrivalled Usability and Exceptional Customer Satisfaction Praised by G2, IDC and CRN

Bellevue, Wash., – May 1, 2024 — Recent customer surveys and analyst reports from G2, IDC and CRN further validate Acumatica’s market leadership position, pointing to the company’s superior usability, remarkable results and efficient implementation as evidence for how it outperforms competitors. The company’s leadership in sustainability was also reaffirmed as its annual Summit event received the highest sustainability ranking from MeetGreen for the second consecutive year, solidifying Acumatica’s dedication to environmentally conscious practices and sustainable business operations.

“By relentlessly focusing on addressing our customers’ needs, Acumatica sets the industry benchmark for excellence,” said John Case, CEO of Acumatica. “Our aspirations are bold—we want to redefine how people view ERP systems by pushing the boundaries of leading-edge innovations while continuing to solve real-world problems. This latest round of industry awards and rankings confirms we are headed in the right direction.”

G2 Spring 2024 Reports

User surveys are crucial indicators of customer satisfaction and enthusiasm. Recently, G2, a leading tech industry surveyor, released its 2024 Spring Reports, indicating the breadth of enthusiasm customers have for Acumatica and its solutions. User endorsements propelled Acumatica to the No. 1 spot in an impressive 22 categories, earning the company a total of 76 badges overall. The cloud ERP provider also surpassed competitors across the board in various categories including growth and satisfaction and notably outshined NetSuite in usability assessments.

Some of Acumatica’s No. 1 reports include:

  • ERP Systems Momentum Grid Report
  • Discrete ERP in the Results Index, Relationship Index and Usability Index
  • Distribution ERP for the Mid-Market Implementation Index
  • Accounting Momentum Grid and Mid-Market Relationship Index
  • Construction Industry Relationship Index

Industry authorities and market analysts consistently commend Acumatica for its dedication to and excellence in delivering solutions tailored to specific industries. A prime example is Acumatica’s recent recognition as a “Trusted Product” in the ConstrucTech Top Products Awards, an award program identifying the best products serving the construction industry.

IDC MarketScape 2023–2024 Vendor Assessments

The IDC MarketScape report is a premier vendor assessment tool that provides in-depth, quantitative technology market assessments for vendors across various industries.

IDC recognized Acumatica as a Leader in the two reports: the 2023-2024 IDC MarketScape for Worldwide SaaS and Cloud-Enabled Midmarket Finance and Accounting Applications and the Worldwide SaaS and Cloud-Enabled Small Business ERP Applications 2024 Vendor Assessment.

In these reports, IDC highlights Acumatica’s open application programming interfaces (APIs), continuous closing capabilities, and hosting flexibility, which increase efficiency and enhance regulatory compliance. IDC also emphasizes Acumatica’s fee structure and partner network, demonstrating the company’s commitment to providing small to mid-sized businesses with solutions and resources that enable them to grow.

CRN Reports

Acumatica’s channel program receives consistent recognition from CRN, recently earning a five-star rating in the 2024 Partner Program Guide. CRN has given the cloud ERP provider’s channel program five stars for eight consecutive years.

Additionally, CJ Boguszewski, Acumatica’s senior vice president of partner programs and strategy, was named a CRN Channel Chief for the second consecutive year. The Channel Chiefs list showcases the top IT channel leaders who drive strategy and set the company’s channel agenda.

Summit 2024 Earns “Visionary” Sustainability Rating

Once again, MeetGreen, a sustainability event management agency, ranked Acumatica Summit as “Visionary” for its sustainability efforts. The rating highlights Acumatica’s conscientious approach to environmental impact.

“Earning MeetGreen’s ‘Visionary’ rating for the second year in a row reflects our deep and ongoing commitment to environmental stewardship,” stated Case. “Major industry events are an essential way for companies to connect with their communities and customers. We actively implement measures to reduce the environmental impact of our Summit event, and this recognition inspires us to continue to lead by example, encouraging our customers and partners to prioritize sustainability in their own practices.”

To learn more about Acumatica’s award-winning product, visit https://www.acumatica.com/ and request a demo.

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About Acumatica

Acumatica Cloud ERP is a comprehensive business management solution that was born in the cloud and built for more connected, collaborative ways of working. Designed explicitly to enable small and mid-market companies to thrive in today’s digital economy, Acumatica’s flexible solution, customer-friendly business practices and industry-specific functionality help growing businesses adapt to fast-moving markets and take control of their future. For more information, visit acumatica.com or follow us on LinkedIn.

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April 4, 2024

New Members to Deepen Board’s Real-World ERP Expertise and Help Guide Company’s New Era of Growth

Kirkland, Wash. – April 4, 2024Acumatica, an industry-leading business solutions provider, today announced the addition of two accomplished ERP industry veterans to its Board of Directors: Zach Nelson and Nancy Harris. In these roles, Nelson and Harris will apply their years of ERP industry experience, leadership and business expertise to actively guide the company as it launches into a new era of growth, product innovation and market opportunity.

In the Day One Keynote at Acumatica Summit 2024 in January, company CEO John Case spoke of the tremendous growth opportunities ahead for the company, the expansion of the product line and ongoing evolution of the partner ecosystem – marking the beginning of a new era for Acumatica.

“Zach and Nancy’s leadership, experience and talents will not only be a tremendous addition to our powerhouse Board of Directors but will also be invaluable in helping us fully embrace this new era of growth and innovation for the company,” said Case. “I look forward to benefitting from their guidance and industry expertise and truly believe adding Zach and Nancy to the Board is yet another clear sign that Acumatica has become a formidable force in the ERP industry.”

Zach Nelson joins the Board with over 30 years of experience in the technology industry, including leadership positions with Sun Microsystems, Oracle and McAfee Network Associates. Nelson took the helm of NetSuite in 2002 and served as CEO for 15 years, shepherding the ERP vendor’s significant expansion, public IPO and ultimate acquisition by Oracle in 2017. His leadership background and experience in ERP equip him with a unique understanding of taking a business to higher levels of growth by considering market trends, customer needs and the competitive landscape. Nelson serves concurrently on the Board of Directors for PagerDuty, Freshworks and Snyk.

“Acumatica stands out to me as a company with great momentum and boundless opportunities for product innovation and business expansion. Joining Acumatica’s Board of Directors gives me a compelling opportunity to lend my ERP business experience to a company with such incredible potential as they embark on a path of substantial growth and progress,” said Nelson. “I’m excited to work closely with my fellow Board members and advise Acumatica’s leadership team on implementing their strategic priorities.”

Nancy Harris brings more than 36 years of experience in the software industry, having served in various executive leadership capacities in privately and publicly traded companies. Before her retirement in 2021, Harris served as executive vice president and managing director of Sage North America and managing director of Sage Canada during her 10-year tenure with the publicly traded ERP software provider. Harris began her career at Accenture, a global management consulting company.

In addition to her Board responsibilities with Acumatica, Harris serves on the Board of Directors for Intapp and is a member of the audit, comp and risk committees. She also serves on the Board of Directors for M-Files and is the comp committee chairperson. Harris is actively involved in the Austin community and serves on the board of Any Baby Can, a local non-profit organization.

“Like Acumatica, I’ve always believed in the power of modern technology in moving the needle for businesses,” said Harris. “I’m delighted to join the Board and look forward to being part of a company that’s so focused on addressing real-world challenges with innovative and easy-to-use solutions.”

Acumatica’s Board of Directors is instrumental in guiding Acumatica’s innovation, go-to-market strategies, customer success initiatives and partner relations. Their industry knowledge helps establish alignment between Acumatica’s strategic goals and market dynamics.

As of March 2024, the Acumatica Board of Directors includes:

  • John Case, CEO, Acumatica
  • Kim Clarke, Co-Founder, White Rabbit Pty Ltd
  • Kathy Crusco, Board Advisor, Non-executive Director
  • Nancy Harris, Board Advisor, Non-executive Director
  • Robert Maclean, Partner, EQT Partners
  • Zach Nelson, CEO, ZE Investments
  • Tyler Parker, Partner, EQT Partners
  • Jonas Persson (Board Chairman), Chairman of the Board, IFS

To learn more about Acumatica, visit https://www.acumatica.com/.

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About Acumatica

Acumatica Cloud ERP (Enterprise Resource Planning) is a comprehensive business management solution that was born in the cloud and built for more connected, collaborative ways of working. Designed explicitly to enable small and mid-market companies to thrive in today’s digital economy, Acumatica’s flexible solution, customer-friendly business practices and industry-specific functionality help growing businesses adapt to fast-moving markets and take control of their future. For more information, visit acumatica.com or follow us on LinkedIn.

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March 20, 2024

General Availability of Acumatica 2024 R1 Provides Cloud ERP Customers Access to Cross-Industry Functionality and Leading-Edge Innovations

Bellevue, Wash. – March 20, 2024Acumatica, an industry-leading business solutions provider, today announced the general availability of Acumatica 2024 R1, the first of its semiannual product releases. The new release, shaped significantly by direct input from Acumatica’s community of customers and partners, was specifically designed to enhance usability, increase productivity and drive efficiency.

Acumatica unveiled some of the new features and capabilities of 2024 R1 during the Day 2 Keynote address of its annual Summit event in Las Vegas. 2024 R1 delivers hundreds of improvements and feature-rich functionality to users, each addition and upgrade intentionally engineered to improve usability, drive productivity and efficiency, boost sales and help businesses compete in their markets. The updates also enable Acumatica customers to capitalize on the trend toward cross-industry convergence and capture new market share.

“This release not only delivers essential enhancements businesses need today but will also help our customers reimagine how they operate and compete in today’s dynamic and increasingly interconnected markets,” said Ali Jani, chief product officer of Acumatica. “We’ve received very positive feedback to the beta version of 2024 R1, and we’re excited to see how these enhancements help our customers increase productivity and drive business growth.”

Also included in the 2024 R1 release and teased in the Day 2 Summit Keynote is a developer preview of the product’s new user interface (UI), with a controlled release of the new UI scheduled later in 2024 before general availability in 2025. The new UI enhances usability, delivers unmatched personalization and improves customization.

Key Acumatica 2024 R1 highlights include:

Construction Highlights:

  • Access AP cost transactions related to progress billing lines from a new pro forma invoice side panel for timely vendor payments and increased billing accuracy.
  • Empower users to enter and process negative expense receipts to make a full or partial refund to the corporate credit card for faster and simpler GL account reconciliation.
  • Ensure accurate and efficient handling of pro forma invoice corrections with a streamlined workflow for previously closed and released accounts receivable documents.

Manufacturing Highlights:

  • Provide manufacturing workers the flexibility to report production operations when they run in parallel.
  • Optimize MRP generation with ‘planning horizons’ that enable organizations to define time-constrained data for inclusion in supply and demand calculations.
  • Configure MRP and DRP to include or exclude sales order types to improve planning by excluding returns and other orders from inventory planning calculations.

Distribution Highlights:

  • Improve demand planning and forecasting with time-phased purchase orders, kit assembly and warehouse transfer recommendations with the new Distribution Requirements Planning (DRP) application.
  • Streamline small parcel and LTL shipment processing workflows and configure packing and shipping scenarios with Acumatica and 3G Pacejet. The enhanced integration of these shipping and processing capabilities, now in the core of the Acumatica solution, provides transparency for shipment data with no need for separate customization.
  • Expedite return material authorization (RMA) processes with improved document searches using invoice and line details such as sales order type and number, inventory ID, lot or serial number and order dates.

Retail and Commerce Highlights:

  • Gain a unified connection between Acumatica and Amazon with synchronized data for order fulfillment, product availability, Amazon fees, payments and taxes.
  • Increase efficiency and accuracy by directly importing exchanges to Acumatica from a Shopify POS order for the same product at the same or different price or for another product at the same or different price.
  • Use bidirectional sync to import products from Shopify and BigCommerce stores to Acumatica through the Commerce connector.

Financials and CRM Highlights:

  • Streamline point-of-sale (POS) payment transaction processing by using credit card readers to record payments directly from the Acumatica solution without third-party software.
  • Automate vacation and sick time tracking with new features such as banding rules, anniversary date resets and simplified adjustments. Enable administrators to manage paid time off during employee probation and plan for future changes.
  • Reduce errors and increase operational efficiency through enhancements and updates to Acumatica Payments, a new feature launched in 2023 R2, that streamlines payment processes. Acumatica Payments helps simplify credit card payments, bill processing and field service payments – improving cash flow, profitability, customer loyalty and more.
  • Tailor email templates by branch for CRM, project, service management and subcontract communication.

Platform and Developer Highlights:

  • Calculate ratios and improve reporting flexibility using Generic Inquiry results as input to other inquiries.
  • Simplify no-code workflow creation with new sequential actions independent of conditions, enabling faster workflow processing.
  • Access to developer preview of the product’s new UI.

Customers and vendors can sign up now for brief video training sessions, scheduled for April 9-11, showcasing the advantages of the 2024 R1 features by following this link: https://bit.ly/4a2wJfV. Each session will include a live Q&A with Acumatica product experts.Top of Form

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About Acumatica

Acumatica Cloud ERP is a comprehensive business management solution that was born in the cloud and built for more connected, collaborative ways of working. Designed explicitly to enable small and mid-market companies to thrive in today’s digital economy, Acumatica’s flexible solution, customer-friendly business practices and industry-specific functionality help growing businesses adapt to fast-moving markets and take control of their future. For more information, visit acumatica.com or follow us on LinkedIn.

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February 13, 2024

Latest Product Enhancements Reinforce Commitment to Customer-Driven Innovation

Kirkland, Wash. – February 13, 2024Acumatica, an industry-leading business solutions provider, will showcase the latest feature enhancements for manufacturers and distributors at the MODEX 2024 event in Atlanta, Ga. The features, recently announced in the company’s 2023 R2 product update, enable the cloud ERP provider to enhance the efficiency and effectiveness of direct-to-consumer (DTC) supply chain processes. Additionally, Acumatica recently hosted Summit 2024, where they shared further enhancements to these features which will be generally available with the 2024 R1 product update in March.

DTC sales require flexible stock allocation, consumer payments and seamless integration with popular online storefronts and marketplaces. Acumatica has made important strides recently to deliver on those needs and bolster DTC supply chain operations for enhanced customer outcomes.

One such update is the new Manage Sales Allocations screen, which streamlines mass stock allocation and deallocation for distributors, retailers and commerce merchants. The feature fulfills customer requests for increased flexibility and control over sales allocations within Acumatica and empowers users with greater efficiency and agility to respond to shifting market dynamics.

“Customer input has been instrumental in shaping our product development initiatives. The Manage Sales Allocations screen is a great example of a product enhancement that benefited directly from what our customers want and need from technology,” said Debbie Baldwin, director of product management, manufacturing, at Acumatica. “We believe that by actively listening to our customers and incorporating their insights, we can deliver superior solutions that exceed their expectations.”

The cloud ERP provider recently released Acumatica Payments to help address the need for simplified consumer payments. The integrated payment processing solution allows businesses to enhance cash flow and streamline payment processes by providing credit card and ACH processing with improved reconciliation, mobile portal payments, click-to-pay and gift cards.

There are various ways Acumatica helps companies tap into the potential growth opportunities of e-commerce through integration with online storefronts. One example is Acumatica’s connection to Amazon’s Seller Central marketplace, supporting FBA (Fulfilled by Amazon) and MFN (Merchant-Fulfilled Network) delivery models. Another example is Acumatica’s integration with Shopify’s B2B commerce capabilities, which addresses a growing requirement for a single tool to manage omnichannel sales experiences.

“We’re not just showcasing technological advancements at MODEX 2024; we’re reinforcing our commitment to revolutionizing the landscape of DTC supply chains and shaping the future of cloud-based business management solutions,” said Baldwin.

To learn more about Acumatica, stop by booth C7275 (building ABC, level 1) at MODEX 2024 or visit acumatica.com.

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About Acumatica

Acumatica Cloud ERP is a comprehensive business management solution that was born in the cloud and built for more connected, collaborative ways of working. Designed explicitly to enable small and mid-market companies to thrive in today’s digital economy, Acumatica’s flexible solution, customer-friendly business practices and industry-specific functionality help growing businesses adapt to fast-moving markets and take control of their future. For more information, visit acumatica.com or follow us on LinkedIn.

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January 30, 2024

Company Unveils Redesigned UI, Touts Cross-Industry Capabilities and Celebrates Customer Growth

Las Vegas, NV. – January 30, 2024Acumatica, an industry-leading business solutions provider, today highlighted current capabilities enabling mid-market businesses to grow, scale and drive efficiencies. The company previewed new features and capabilities that will launch in the 2024 R1 product release – with the beta of 2024 R1 available today to Acumatica customers.

The company also demonstrated its new user interface (UI), featuring a new design and controls that enhance usability, deliver unmatched personalization and improve customization.  A public preview of the new UI will be available in the 2024 R1 release, with a controlled release expected later in the year before full general availability.

“Our bet is on our customers, which is why we heavily weight our product roadmap in favor of their input,” said Ali Jani, chief product officer at Acumatica. “Our product managers visit customers throughout the year and use takeaways from these discussions to innovate our solutions. The priority we place on customer input reflects what we mean in our Acumatica Rallying Cry: Building the future of business together, which will continue to guide our technology direction and vision.”

The Day 2 Keynote address highlighted how industry lines are blurring, providing opportunities for businesses to grow with enhanced cross-industry capabilities and attract new customers. Through presentations, on-stage customer interviews and product demonstrations, Acumatica highlighted some of the new cross-industry capabilities relevant to all companies and those that operate in a particular industry.​

New features and functionality in 2024 R1 include:

  • An AP Bill Link in Proforma, a new side panel for AP Bill selection and the ability to easily view an attached transaction image, ensuring timely and accurate vendor payments and increased billing accuracy.
  • The ability to report parallel operations, enabling manufacturers to manage production orders with the flexibility to report operations out of sequence and multiple operations simultaneously.
  • Access to distribution requirements planning (DRP) functionality, helping non-manufacturers, particularly distributors, manage inventory supply and demand and plan kitting with material requirements planning (MRP) and DRP.
  • An enhanced Managed Sales Allocation process, delivering more control and flexibility over the order allocation process to customers. Distributors will benefit from consolidated views of allocations, enhanced selection criteria and improved ability to handle backorders efficiently within the same system.
  • The general availability of Amazon entirely in Acumatica, including additional features like “Fulfilled by Amazon (FBA) inventory reconciliation” and “Amazon statement reconciliation.” These features will enable companies to streamline and ensure the accuracy of Amazon transactions.

The Day 2 Keynote address also featured stories from construction firms, manufacturers, distributors and retailers leveraging Acumatica’s Industry Editions to meet the specific demands they face. Acumatica recognized four companies in its focus industries that achieved significant growth and provided valuable feedback for product development. Presentations and on-stage interviews with award winners like Curran (Manufacturing), Spohn Associates (Construction), Wilmar (Distribution) and Global Printing and Packaging (Retail) shared how they are leveraging innovations to drive efficiencies, improve productivity and manage growth.

The prevalence of data in the workplace has created both challenges and opportunities for small and mid-sized enterprises. Both the Day 1 and Day 2 Keynotes highlighted the need for better ways to approach business data and decision-making. The company shared how its product roadmap includes AI capabilities to meet these emerging needs.

“With so much information available, hesitancy, distrust and lack of understanding of data have emerged, which shows businesses need better ways to approach their data and decision-making.​ This is why AI is so important for the future of ERP,” said Jani. “Technologies will continue to evolve, allowing Acumatica to further enhance how we bring relevant data to your fingertips more quickly, accurately and reliably.” ​

Interested in learning what Acumatica can do for your business? Visit https://www.acumatica.com/request-a-demo/ to request a demo.

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About Acumatica

Acumatica Cloud ERP (Enterprise Resource Planning) is a comprehensive business management solution that was born in the cloud and built for more connected, collaborative ways of working. Designed explicitly to enable small and mid-market companies to thrive in today’s digital economy, Acumatica’s flexible solution, customer-friendly business practices and industry-specific functionality help growing businesses adapt to fast-moving markets and take control of their future. For more information, visit acumatica.com or follow us on LinkedIn.

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January 29, 2024

World’s Fastest Growing Cloud ERP Vendor Shares Product Plans and Strategy for Supporting Customer Growth Ambitions with Leading-Edge Technology

Las Vegas, NV. – January 29, 2024 — Citing dramatic technological advancements, a more favorable economic and business environment and a mounting need for modern business technology, Acumatica CEO John Case today kicked off the company’s annual Summit event by declaring a new era of growth and opportunity for the company and its customers. To launch this new era, the industry-leading business solutions provider revealed its new logo, announced the expansion of its product line, and outlined the principles that will guide its approach to future innovation.

“In this environment of optimism and dramatic technological advancements, we see great opportunities in the market and are moving forward aggressively. While we are excited about where we are now and the company’s growth, our ambitions are high, and we are just getting started,”​ said John Case, CEO of Acumatica. “As we enter this new era, it’s paramount that we retain our uniqueness, which is anchored in our customer-focused Community.”

To address the needs of Acumatica’s evolving customer base, the company announced the upcoming launch of the Professional Services Edition, which will be publicly available later in 2024. The Professional Services Edition will be built on Acumatica’s project accounting and robust billing and scheduling capabilities, enabling businesses to better service their clients and track the entire customer engagement lifecycle all within Acumatica.

Case also unveiled a new company logo during the keynote address, with changes made to better reflect Acumatica’s forward-looking vision, unique value proposition and future direction.

The keynote highlighted growing businesses using the latest technologies and data to make strategic decisions and achieve substantial growth. One of these companies, Acumatica’s Customer of the Year, Portacool, uses the ERP solution to expand its operations and recover from significant adversity. In June 2023, the Texas-based portable cooling solution manufacturer suffered a devastating warehouse fire and restored its operations with the Acumatica Community’s support.

“Following the warehouse fire, Acumatica contacted us to offer their support. Because Acumatica is cloud-based, we were able to get back up on our feet and connect our operations,” said Kimberly McElroy, vice president of business operations at Portacool. “When we needed them most, Acumatica was there for us.”

Case emphasized Acumatica’s sustainability efforts, a core pillar of the company’s AcumatiCares program, spotlighting businesses making remarkable strides in sustainable development. Acumatica named POLYWOOD its Impact Customer of the Year for promoting recycling and efficient resource management in outdoor furniture manufacturing.

“POLYWOOD was born with sustainability fundamental to our culture and brand. We are always looking for ways to be more sustainable and to serve our growing customer base. With seasonal surges in demand for our outdoor furniture and a growing demand for our brand, we needed a system that would enable us as we scale and grow,” said Sean Valencourt, executive vice president of information systems at POLYWOOD. “We’ve gotten that with Acumatica. Their cloud solution has been critical in scaling our operations and enabling POLYWOOD to grow.”

During the keynote address, Case and Acumatica Chief Product Officer Ali Jani cited the impact new technological advancements will have on small and mid-sized businesses. They stressed the importance of software vendors having a principled approach to deploying these leading-edge technologies. The Acumatica leaders announced that the company will soon publish its Principles of Innovation. These principles outline Acumatica’s commitment to developing new technologies, including AI capabilities, in a way that is responsible with appropriate guardrails to protect customer data, practical in addressing real-world needs and valuable in continuing to be driven by customer input.

Tune in to the Summit Day 2 Keynote livestream at this link for additional insights from Acumatica Chief Product Officer Ali Jani about the company’s product roadmap.

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About Acumatica

Acumatica Cloud ERP (Enterprise Resource Planning) is a comprehensive business management solution that was born in the cloud and built for more connected, collaborative ways of working. Designed explicitly to enable small and mid-market companies to thrive in today’s digital economy, Acumatica’s flexible solution, customer-friendly business practices and industry-specific functionality help growing businesses adapt to fast-moving markets and take control of their future. For more information, visit acumatica.com or follow us on LinkedIn.

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January 16, 2024

Cloud ERP Provider Will Demo Product Updates, Highlight Enhanced User Experience and Outcomes

Kirkland, Wash. – January 16, 2023 — At this year’s leading construction industry event — World of Concrete (WOC) 2024, Acumatica will be onsite to showcase the latest advancements to the Construction Edition of its award-winning business management solution. The company will demo the updates during a press conference at its booth (N2069) on Tuesday, January 23, at 1 p.m. PT, highlighting the industry trends and customer feedback that drove the innovative feature updates and how they impact users.

To manage the growing demand of construction firms needing innovative, cloud-based business technology, Acumatica is expanding its partner ecosystem and adding the latest and best applications to help firms better connect and manage their operations.

“By deeply understanding the shift throughout the construction industry towards modern, cloud-based technology to solve their most pressing issues, Acumatica and its partners are better able to develop the solutions and support construction firms’ need to compete and win in today’s digital economy,” said Joel Hoffman, director of product management, construction, at Acumatica. “Acumatica is committed to helping customers overcome challenges by delivering innovative solutions that enable construction companies to make strategic decisions that move projects and the business forward.”

Acumatica Construction Edition is a comprehensive solution empowering business leaders to manage operations effectively. The 2023 R2 update introduced features like consolidated retainage reconciliation, improved project visibility, correction modes, change orders and a flexible cost code structure. Users benefit from efficient and user-friendly cloud construction software, enhancing visibility and collaboration.

Moving into 2024, Acumatica Construction Edition will continue to evolve with the needs of the industry. Future product updates will enhance customer billing options, expense tracking, material management and requisitions.

Construction companies increasingly grapple with industry challenges such as labor shortages and supply chain inconsistencies, creating a critical need for partners with industry expertise and experience. Acumatica’s growing partner ecosystem collaborates closely with customers, aiding them in strategy development and business scalability through modern technology that addresses their real-world needs. This community-centric environment helps address immediate issues and cultivates a forward-thinking culture and approach, contributing to enhanced profit margins and improved cost management for construction businesses.

To learn more about Acumatica Construction Edition, visit the Acumatica WOC booth (N2069) or visit https://www.acumatica.com/industries/construction/

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About Acumatica
Acumatica Cloud ERP is a comprehensive business management solution that was born in the cloud and built for more connected, collaborative ways of working. Designed explicitly to enable small and mid-market companies to thrive in today’s digital economy, Acumatica’s flexible solution, customer-friendly business practices and industry-specific functionality help growing businesses adapt to fast-moving markets and take control of their future. For more information, visit acumatica.com or follow us on LinkedIn.

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