Name: Embrace Enterprise Asset Management Software
Uploaded: 2016-10-31T08:56:26.000Z
Duration: 1 min 8 s
Description: Embrace Enterprise Asset Management Software

Customer Identity and Access Management (CIAM)

Help Desk

Web and Video Conferencing

Customer Support

Classroom Management

Online Learning

Education

Barcode

Business Intelligence (BI)

Collaboration

Contract Management

Data Extraction

Risk Management

VoIP

Workspace Planning

Enterprise

Accounting

Crypto Asset Management

Invoicing

Finance and Accounting

Applicant Tracking

Background Check

Corporate Learning Management

HR Management

Leadership Development

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

Browser

Cloud Storage

Computerized Maintenance Management Systems (CMMS)

Data Collaboration

Data Masking

Desktop Outsourcing

Fraud Detection

Hyper-Converged Infrastructure

IT Asset Disposal

Integration Platform as a Service (iPaaS)

License Management

Log Management

MLOps

Managed IT Service

Network Monitoring

Network Performance Monitoring

Packet Analyzer

Password Management System

Release Management

Remote Support

Secret Managers

Software Distribution

Threat Intelligence

Web Portal

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Audience Engagement

Audience Intelligence

Content Management

Creative Collaboration

Domain Registration Services

Email Marketing

Gamification

Heatmap and Session Recording

Marketing Automation

Social Media Management

Social Media Monitoring

Survey & Forms Building

Swag Management

Video Marketing

Web Analytics

Marketing

Project Management

Professional Services

Customer Relationship Management (CRM)

Sales

Architecture

Debt Collection

Public Sector Software

Real Estate

Vertical-Specific

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ACS-Embrace is an enterprise resource planning (ERP) solution designed to streamline business operations and improve efficiency. According to the vendor, it is suitable for companies of various sizes, ranging from small businesses to large enterprises. ACS-Embrace caters to a wide range of professions and industries, including manufacturing companies, service-based businesses, rental and hire companies, distribution companies, and retail companies.

## Key Features

**Rental & Hire**: According to the vendor, ACS-Embrace provides a complete end-to-end solution for companies in the short or long-term rental market. It manages the entire lifecycle of a rental contract from booking to invoicing.

**Service & Workshops**: The vendor claims that ACS-Embrace offers effective tools for managing service environments and maximizing throughput and profitability. It centralizes and simplifies the management of costs and enables progress invoicing and management of large projects.

**Deal Management**: ACS-Embrace enhances sales and service processes for various sale items, streamlining operations and expediting the approvals process.

**Maintenance Contracts**: The vendor states that ACS-Embrace provides a complete solution for companies operating in repair, service, and maintenance environments. It enables flexible contract management, allocation and invoicing of customer costs, and measurement of contract profitability.

**Service Jobs**: According to the vendor, ACS-Embrace effectively manages service centers, tracking and processing service jobs while controlling costs and managing workload and job activity.

**Projects**: ACS-Embrace delivers complete visibility and control of projects, tracking costs, assigning and monitoring activities, and improving project completion record and client satisfaction, as claimed by the vendor.

**Work in Progress Tracking (WIP)**: The vendor claims that ACS-Embrace minimizes job costs by efficiently utilizing production resources, controlling costs of work orders in progress, and enabling tracking and management of material and operational job costs.

**Finance & Asset Management**: ACS-Embrace provides a range of financial and asset management tools, including the Embrace Asset Finance Software, Accounts Payable, Accounts Receivable, and Asset Management modules, according to the vendor.

**Cash Book**: According to the vendor, ACS-Embrace includes a module for maintaining bank accounts and supporting effective cash management.

**General Ledger**: ACS-Embrace offers a foundation for enterprise-wide financial recording, analysis, and reporting, managing chart of accounts, budgets, journals, and financial statements, as claimed by the vendor.

Associated Computer Solutions (Pty) Ltd, a South African company, based in Johannesburg, was established in 1985 with the goal of providing software solutions tailored for Sub-Saharan African companies. Their core focus has remained the development, implementation and support of ACS-Embrace, a locally developed end-to-end ERP business solution.

Microsoft Dynamics 365 Business Central (formerly Dynamics NAV) is one of the ERP products in the Dynamics family. 

The technology is based on the Navision product acquired by Microsoft in 2002. This product is the best-selling Microsoft ERP platform, and is often used by companies in the manufacturing and distribution verticals.

Dynamics 365 Business Central Essentials

Dynamics 365 Business Central Premium

Dynamics 365 Business Central Team Members

Microsoft Dynamics 365 Business Central

Odoo, from the Belgium-headquartered multinational company of the same name, is a suite of business applications for managing the sales pipeline. It also comprises a PoS and inventory management modules, scaling to a warehouse or retail management solution.

Standard

Custom

Odoo

ACS-Embrace

Enterprise Resource Planning (ERP) helps to integrate and manage an organization's core business processes. It is a software system acting as a central nervous system, connecting functions like finance, human resources, supply chain, and manufacturing into a single, unified platform. ERP systems provide a single source of truth, automating workflows and offering real-time data to improve efficiency and decision-making across the enterprise. Compare ERP tools based on verified user reviews and find the best fit for your business needs.

Enterprise Resource Planning (ERP)

Associated Computer Solutions (ACS-Embrace)

Transforming Finance With Embrace ERP Financial Software

Embrace Financial Solutions enables enterprise-wide real time visibility and data-driven decision-making!
Learn More: https://embrace.co.za/erp-solutions/finance-and-asset-management

Embrace Enterprise Asset Management Software

Embrace Enterprise Asset Management provides a complete 360° view of every aspect in the asset lifecycle. Measure the profitably and return on investment of every asset.
Learn More: https://embrace.co.za/erp-solutions/finance-and-asset-management/asset-management

General Ledger and Configurable Accounting

Financial management solution, including capabilities for general ledger and configurable accounting

Accounts payable

This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.

Accounts receivable

This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.

Global Financial Support

Account using multiple ledgers, multiple currencies, and multiple entities

Primary and Secondary Ledgers

Record and report across multiple currencies and accounting standards with primary and secondary ledgers

Journals and Reconciliations

Automate and synchronize ledgers and processes

Configurable Accounting

Configure accounting rules and segments for each chart of accounts

Standardized Processes

Centralize financial management to facilitate standardized financial processes

Subledger and Financial Process

Revenue management solution including capabilities for subledgers and financial processes

Billing Management

Access role-based billing work area, perform discrete and recurring billing

Cash and Asset Management

Manage liquidity and cash requirements, asset transfers, disposals, reclassifications, and financial adjustments

Travel & Expense Management

Enter expenses from mobile devices, integrate credit card and travel booking, configure policy enforcement

Budgetary Control & Encumbrance Accounting

Control spending at any budget level or time interval

Period Close

Sustain fast close with integrated subledgers, intuitive dashboards, embedded collaboration

Inventory Management

The ability to track and manage the flow of goods or materials into and out of an inventory.

Inventory tracking

The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.

Automatic reordering

The software can be set up to automatically reorder a good when it falls below a certain threshold.

Location management

The software can track multiple goods across multiple locations.

Order Management

The ability to process orders, and track them from quote to cash.

Pricing

Users can set up complex and unique pricing requirements.

Order entry

Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.

Credit card processing

The software facilitates credit card processing.

Cost of goods sold

The software calculates the direct costs attributable to a finished product, such as materials and labor, and includes roll-up pricing.

Order Orchestration

Define and execute order fulfillment processes for products as well as services on the same order.

Payroll Management

Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.

Pay calculation

Pay calculation provides for computation of employee pay with state and federal deductions.

Benefit plan administration

Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.

Direct deposit files

Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.

Reporting & Analytics

Users can report on and analyze usage, performance, ROI, and/or other metrics of success.

Dashboards

Users can create, customize and share dashboards, which provide an overview of the most important metrics.

Standard reports

The software offers pre-built reports with metrics standard to the category.

Custom reports

Customization

This addresses a company’s ability to configure the software to fit its specific use case and workflow.

API for custom integration

An API (application programming interface) provides a standard programming interface for connecting third-party systems to the software for data creation, access, updating and/or deletion.

Plug-ins

A number of third-party plug-ins are available to expand the core functionality of the software.

Security

This component helps a company minimize the security risks by controlling access to the software and its data, and encouraging best practices among users.

Role-based user permissions

Permissions to perform actions or access or modify data are assigned to roles, which are then assigned to users, reducing complexity of administration.

Single sign-on capability

The software system supports a centralized authentication mechanism allowing the user to access multiple systems with a single, centrally managed password.

Multi-factor authentication

User-level audit trail

Grants Management

Grants management solution for higher education, public sector, or non-profits with capabilities for managing financial awards for program and project funding

Award Lifecycle Management

Manage the life of program funding awards from initial funding to close-out

Project Financial Management

Project financial management solution including capabilities for project budgeting, cost control, billing and contract management.

ACS-Embrace

Overview

What is ACS-Embrace?