What users are saying about

Acumatica 5.0

10 Ratings

Priority AccountEdge

Top Rated
31 Ratings

Acumatica 5.0

10 Ratings
Score 8.5 out of 101

Priority AccountEdge

Top Rated
31 Ratings
Score 8.1 out of 101

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Likelihood to Recommend

Acumatica 5.0

As I have only used it in one business I can't say too much how relevant it would be for other types of business, eg Retail or Manufacturing. It doesn't appear to be specifically set up for ecommerce.

We wholesale products and it works well for that kind of business model.
Justin Leflaive profile photo

Priority AccountEdge

If you are handling a large client list, and are selling services, it is dead easy. If you are managing/selling a physical inventory, it seems like it has great options to do that quite well (disclaimer, I do not use those functions, but I have paid attention as that functionality was built into the software). If you want to link your bank account to a bookkeeping platform, this is not the software for you (at least so far).
Dan Workman profile photo

Feature Rating Comparison

Customization

Acumatica 5.0
7.0
Priority AccountEdge
6.5
API for custom integration
Acumatica 5.0
7.0
Priority AccountEdge
Plug-ins
Acumatica 5.0
Priority AccountEdge
6.5

Security

Acumatica 5.0
7.0
Priority AccountEdge
9.0
Role-based user permissions
Acumatica 5.0
7.0
Priority AccountEdge
9.0

Reporting & Analytics

Acumatica 5.0
6.7
Priority AccountEdge
7.7
Dashboards
Acumatica 5.0
4.0
Priority AccountEdge
7.0
Standard reports
Acumatica 5.0
7.0
Priority AccountEdge
8.4
Custom reports
Acumatica 5.0
9.0
Priority AccountEdge
7.7

General Ledger and Configurable Accounting

Acumatica 5.0
8.3
Priority AccountEdge
7.3
Accounts payable
Acumatica 5.0
10.0
Priority AccountEdge
8.8
Accounts receivable
Acumatica 5.0
8.0
Priority AccountEdge
8.8
Global Financial Support
Acumatica 5.0
5.0
Priority AccountEdge
Intercompany Accounting
Acumatica 5.0
9.0
Priority AccountEdge
Journals and Reconciliations
Acumatica 5.0
10.0
Priority AccountEdge
Standardized Processes
Acumatica 5.0
8.0
Priority AccountEdge
Cash management
Acumatica 5.0
Priority AccountEdge
8.1
Bank reconciliation
Acumatica 5.0
Priority AccountEdge
6.5
Expense management
Acumatica 5.0
Priority AccountEdge
7.4
Time tracking
Acumatica 5.0
Priority AccountEdge
7.1
Multi-currency support
Acumatica 5.0
Priority AccountEdge
9.0
Multi-division support
Acumatica 5.0
Priority AccountEdge
9.1
Regulations compliance
Acumatica 5.0
Priority AccountEdge
8.0
Electronic tax filing
Acumatica 5.0
Priority AccountEdge
5.0
Self-service portal
Acumatica 5.0
Priority AccountEdge
2.7

Inventory Management

Acumatica 5.0
8.5
Priority AccountEdge
7.9
Inventory tracking
Acumatica 5.0
9.0
Priority AccountEdge
7.7
Location management
Acumatica 5.0
8.0
Priority AccountEdge
8.0
Automatic reordering
Acumatica 5.0
Priority AccountEdge
8.0
Manufacturing module
Acumatica 5.0
Priority AccountEdge
8.0

Order Management

Acumatica 5.0
9.3
Priority AccountEdge
7.0
Pricing
Acumatica 5.0
10.0
Priority AccountEdge
6.5
Order entry
Acumatica 5.0
9.0
Priority AccountEdge
7.4
Cost of goods sold
Acumatica 5.0
8.0
Priority AccountEdge
6.6
End-to-end order visibility
Acumatica 5.0
10.0
Priority AccountEdge
Credit card processing
Acumatica 5.0
Priority AccountEdge
7.5

Subledger and Financial Process

Acumatica 5.0
6.8
Priority AccountEdge
Automated Invoice Processing
Acumatica 5.0
7.0
Priority AccountEdge
Customer Collections
Acumatica 5.0
7.0
Priority AccountEdge
Cash Management
Acumatica 5.0
7.0
Priority AccountEdge
Period Close
Acumatica 5.0
6.0
Priority AccountEdge

Payroll Management

Acumatica 5.0
Priority AccountEdge
8.0
Pay calculation
Acumatica 5.0
Priority AccountEdge
8.5
Benefit plan administration
Acumatica 5.0
Priority AccountEdge
7.0
Direct deposit files
Acumatica 5.0
Priority AccountEdge
9.0
Salary revision and increment management
Acumatica 5.0
Priority AccountEdge
7.5
Reimbursement management
Acumatica 5.0
Priority AccountEdge
8.1

Pros

  • Generic Inquiries are a very easy way to create custom reports.
  • The automation schedules are useful, we use these for confirming of shipments, creating invoices and emailing them. Reduces workload.
  • Open for integration with other software. We find the ease of connection to MS PowerBI very useful.
Justin Leflaive profile photo
  • Some of my clients have had international activity. For them keeping track of transactions in currencies other than the US dollar has worked very well, though it does mean having to have a history of exchange rates handy to get the correct rate for a transaction date.
  • The new "Retainers, Escrows, and Trusts" feature (since 2013) has been a welcome addition. I use it for clients who have prepaid for my services.
  • I make extensive use of the ability to export reports to Excel templates. Creating an Excel table from the export file, and then using Pivot Tables, I can summarize data in ways that expand what AccountEdge can do. For example, I can summarize cash receipts by payment type, and tie to the Forms 1099-K that the credit card companies send.
  • Another new feature I have started using is "Pay Payroll Liabilities." It provides an easy "check-off" of the taxes or other payables to specific agencies.
  • I love the ability to custom-design the chart of accounts. In most circumstances having four levels of detail is sufficient. But sometimes it would be nice to have another level or two, especially for manufacturing businesses. And when a client has put something that should be a "Cost of Sales" account into the "Expenses" section, it would be nice to be able to change the account type to get it to the correct section, so that the income statement puts it in the right place.
  • A feature I learned about some years ago can be very helpful if you discover that a correction needs to be made in a prior year — for example, sometimes a client will set up a purchase order, with a payment, and forget to convert it to a bill. If that conversion is done the next fiscal year, it puts the cash basis expense into the wrong year. But by "starting a New Fiscal Year" and choosing to go BACK a year (i.e., from 2015 to 2014) instead of the normal forward, you now can fix that mistake in the correct period. Then go back to the current fiscal year for ongoing transactions.
Thomas Healy profile photo

Cons

  • The CRM module is very basic.
  • There is no supplier remittance function.
  • The API is basic, our ecommerce integration has had to be built nearly from scratch.
Justin Leflaive profile photo
  • Less user-friendly than QuickBooks for Mac, though not by much
  • Reports lack some flexibility in choosing what items to include or filter, as well as sorting flexibility
  • Does not retain data from previous years by default, which has both advantages and disadvantages
Brent Blackburn profile photo

Likelihood to Renew

Acumatica 5.09.0
Based on 1 answer
It is very customisable and good value for money. It is also scalable for the future. The CRM and ecommerce integtration are the main downsides.
Justin Leflaive profile photo
Priority AccountEdge8.8
Based on 10 answers
Ease-of-use. Robust reporting, and analytics. The software works, and could easily be the only software you use.
Jeremy Doyle profile photo

Usability

No score
No answers yet
No answers on this topic
Priority AccountEdge8.2
Based on 2 answers
AccountEdge Pro & Basic is laid out in easy to use centers which compartmentalize a users needs based on departments. Along with that one can set up recurring transactions for things that repeat daily through annually and anything in between. You can set a preference for automatic posting or a user specific reminder to post the action
joAnn Ortiz profile photo

Reliability and Availability

No score
No answers yet
No answers on this topic
Priority AccountEdge9.1
Based on 1 answer
One of the finer advantages of desktop software, it's always available. AccountEdge doesn't suffer from outages or sluggish internet like web based applications do. It's always there when you power on your device!
joAnn Ortiz profile photo

Support

No score
No answers yet
No answers on this topic
Priority AccountEdge5.5
Based on 2 answers
Rarely do we get support due to it costing money. Sell us on a Monthly service, bump up your CRM and Marketing and AccountEdge could easily be getting $2k/ month from us.
Jeremy Doyle profile photo

Implementation

No score
No answers yet
No answers on this topic
Priority AccountEdge7.0
Based on 1 answer
unfortunately no.
Jeremy Doyle profile photo

Alternatives Considered

NetSuite is much more expensive and is difficult to customise or integrate.
SAP is a more complex and powerful system, but several times more expensive to implement and run.
Justin Leflaive profile photo
AccountEdge had already been implemented when I started working at Lake Industries.I have some experience in several other accounting & CRM software. AccountEdge has really come together in the last couple of years. The software is strong, easy-to-use, and great for daily business needs. We haven't switched from AccountEdge because we know the software, and has worked perfectly for over 8 years.
Jeremy Doyle profile photo

Return on Investment

  • Time to match customer payments has decreased by approximately 30%.
  • Time to enter sales orders has decreased by approx 10%.
  • It has enabled up to easily access our system remotely, meaning we are able to be more flexible in our work.
Justin Leflaive profile photo
  • Transforming Quotes to Sales is seamless.
  • More knowledgable employees - those who use AccountEdge tend to think more outside the box.
Sharon L. Nash profile photo

Screenshots

Acumatica 5.0

Pricing Details

Acumatica 5.0

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No
Additional Pricing Details

Priority AccountEdge

General
Free Trial
Yes
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
No
Additional Pricing Details
AccountEdge is available to new customers for $399. Optional product upgrades are released every year for $159 single-user upgrade or $249 multi-user upgrade.