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2024 Press Releases

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 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 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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