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Acumatica

Acumatica

Overview

What is Acumatica?

Acumatica delivers a set of cloud-based business software applications with dashboards, reporting tools, integrated document management, centralized security, and customization tools.

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Learn from top reviewers

Awards

Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards

Video Reviews

37 videos

Manufacturer's take on accounting: An Acumatica Review
11:07
IT Manager's insight: An Acumatica Review
03:53
Software we rely on | Acumatica User Review
07:27
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Pricing

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Entry-level set up fee?

  • No setup fee
For the latest information on pricing, visithttps://www.acumatica.com/acumatica…

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

Starting price (does not include set up fee)

  • $1,000 per year
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Features

Payroll Management

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

7.9
Avg 7.2

Customization

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

8.3
Avg 7.6

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.

8.4
Avg 8.1

Reporting & Analytics

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

8
Avg 7.2

General Ledger and Configurable Accounting

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

8.7
Avg 7.7

Inventory Management

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

8.3
Avg 7.9

Order Management

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

8.6
Avg 7.8

Subledger and Financial Process

Revenue management solution including capabilities for subledgers and financial processes

8.8
Avg 7.5

Project Financial Management

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

9.9
Avg 7.6

Project Execution Management

Project execution management solution including capabilities for project scheduling, resource management, and team member task management.

7.7
Avg 6.9

Grants Management

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

8.1
Avg 7.4

Procurement

Procurement management solution with capabilities for sourcing, contracting, procure-to-pay and supplier management

7.4
Avg 6.9

Risk Management

Risk management solution with capabilities for managing controls, assessing control effectiveness, certifying controls, and addressing deficiencies

7.9
Avg 6.6

Logistics

Logistics solution with capabilities for transportation planning, transportation execution, trade compliance, customs management, warehouse management and warehouse workforce management.

8.6
Avg 6.7

Manufacturing

Manufacturing solution for managing manufacturing processes and costs.

8.8
Avg 7.4

Supply Chain

Supply Chain Planning solution with capabilities for planning, performance monitoring, change responses and execution.

8.1
Avg 7.1

Product Lifecycle Management

Product Lifecycle Management solution with capabilities for innovation management, product development

8.4
Avg 7.1
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Product Details

What is Acumatica?

Acumatica delivers a set of cloud-based business software applications with dashboards, reporting tools, integrated document management, centralized security, and customization tools. It is a modular offering and can be deployed in multiple ways to accommodate business needs, either as an ERP or a narrower (and less expensive) accounting solution with the Financial Management Suite. Other modules are the Project Accounting Suite (budgeting, payroll and time sheet, analytics, and other functions), the Distribution Management Suite (purchasing, ordering, inventory tracking, order filling) and the Customer Management Suite (general CRM capabilities). Unlike many ERPs, Acumatica is not industry specific, and touts capabilities of interest to retailers, eCommerce users, even non-profits, and other possible small to medium-sized businesses desiring to automate business processes.

Acumatica Features

General Ledger and Configurable Accounting Features

  • Supported: Accounts payable
  • Supported: Accounts receivable
  • Supported: Global Financial Support
  • Supported: Primary and Secondary Ledgers
  • Supported: Journals and Reconciliations
  • Supported: Configurable Accounting
  • Supported: Standardized Processes

Subledger and Financial Process Features

  • Supported: Billing Management
  • Supported: Cash and Asset Management
  • Supported: Travel & Expense Management
  • Supported: Budgetary Control & Encumbrance Accounting
  • Supported: Period Close

Inventory Management Features

  • Supported: Inventory tracking
  • Supported: Automatic reordering
  • Supported: Location management

Order Management Features

  • Supported: Pricing
  • Supported: Order entry
  • Supported: Credit card processing
  • Supported: Cost of goods sold
  • Supported: Order Orchestration

Payroll Management Features

  • Supported: Pay calculation
  • Supported: Benefit plan administration
  • Supported: Direct deposit files

Reporting & Analytics Features

  • Supported: Dashboards
  • Supported: Standard reports
  • Supported: Custom reports

Customization Features

  • Supported: API for custom integration
  • Supported: Plug-ins

Security Features

  • Supported: Role-based user permissions
  • Supported: Single sign-on capability
  • Supported: Multi-factor authentication
  • Supported: User-level audit trail

Grants Management Features

  • Supported: Award Lifecycle Management

Project Financial Management Features

  • Supported: Budgeting and Forecasting
  • Supported: Project Costing
  • Supported: Cost Capture
  • Supported: Capital Project Management
  • Supported: Customer Contract Compliance
  • Supported: Project Revenue Recognition

Project Execution Management Features

  • Supported: Project Planning and Scheduling
  • Supported: Task Insight for Project Managers
  • Supported: Project Mobile Functionality
  • Supported: Definable Resource Pools

Procurement Features

  • Supported: Bids Analyzed and Compared
  • Supported: Contract Authoring
  • Supported: Requisitions-to-Purchase Orders Integrated
  • Supported: Supplier Management

Risk Management Features

  • Supported: Risk Repository
  • Supported: Control Management
  • Supported: Control Efficiency Assessments
  • Supported: Issue Detection
  • Supported: Remediation and Certification

Logistics Features

  • Supported: Transportation Planning and Optimization
  • Supported: Transportation Execution Management
  • Supported: Trade and Customs Management
  • Supported: Fulfillment Management
  • Supported: Warehouse Workforce Management

Manufacturing Features

  • Supported: Production Process Design
  • Supported: Production Management
  • Supported: Configuration Management
  • Supported: Work Execution
  • Supported: Manufacturing Costs

Supply Chain Features

  • Supported: Forecasting
  • Supported: Inventory Planning
  • Supported: Performance Monitoring

Product Lifecycle Management Features

  • Supported: Proposal Management
  • Supported: Product Master Data Management

Acumatica Screenshots

Screenshot of Acumatica Cloud ERP - Device SupportScreenshot of Acumatica Cloud ERP - Production Manager DashboardScreenshot of Acumatica Cloud ERP - Production Schedule BoardScreenshot of Acumatica Cloud ERP -Warehouse Manager DashboardScreenshot of Acumatica Cloud ERP - Purchasing Manager DashboardScreenshot of Acumatica Cloud ERP - Sales Manager Dashboard

Acumatica Videos

Acumatica Cloud ERP: Overview
Acumatica Customer Story: Cornell Cooperative Extension
Acumatica Customer Story: Dukathole Group
Acumatica Customer Story: Eagle Fence Distributing
Acumatica Customer Story: Clive Coffee
Acumatica Customer Story: Quality Material Handling

Acumatica Technical Details

Deployment TypesOn-premise, Software as a Service (SaaS), Cloud, or Web-Based
Operating SystemsWindows, Linux, Mac
Mobile ApplicationApple iOS, Android
Supported CountriesGlobal
Supported LanguagesEnglish, French, Spanish

Frequently Asked Questions

Acumatica delivers a set of cloud-based business software applications with dashboards, reporting tools, integrated document management, centralized security, and customization tools.

Acumatica starts at $1000.

NetSuite ERP, Sage Intacct, and Microsoft Dynamics 365 are common alternatives for Acumatica.

Reviewers rate Project Costing and Cost Capture and Project Revenue Recognition highest, with a score of 9.9.

The most common users of Acumatica are from Mid-sized Companies (51-1,000 employees).
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Comparisons

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Reviews From Top Reviewers

(1-5 of 420)

Acumatica for financial reporting

Rating: 8 out of 10
January 31, 2024
Vetted Review
Verified User
Acumatica
2 years of experience
I use Acumatica for accounting in relation to monitoring the business operations and financial transactions and creating reports using this information. Acumatica helps with gathering the data and creating useful reports for the preparation of the financials as well as reporting to our auditors as a part of our year end financial statement audit.
  • Reporting tools for gathering data quickly
  • The setup and outline is very practical and easy to follow
  • Searching for things in Acumatica is really easy and user friendly
Cons
  • The system is nitpicky there are a lot of specific boxes that need to be checked
  • The system has glitches from time to time that the vendors are unable to explain or assist with
  • The feedback from our vendors often falls off once they don’t know the answer to why something happened in the system. Which leads to a lot of questions from auditors and extra working
User friendly and straight forward in terms of accounting. For financial reporting you can pull down reports fairly quickly from the system that outlines a lot of information that can be useful for monitoring activity and changes in general ledger accounts. This helps with getting month end financials out on a timely basis as well as the year end audit.

Reporting and distribution are a breeze, service module needs some work

Rating: 10 out of 10
January 31, 2023
Vetted Review
Verified User
Acumatica
2 years of experience
We use it to run our entire operation. Sales order, warehouse pick and pack, shipping and distribution, field service.
  • ease of use
  • reporting
  • I can download any screen to Excel
Cons
  • Service module needs offline capabilities
  • Service module needs work on the app to allow techs to see work orders in their area when they make an emergency service call
Very good at financial reporting. We have full visibility to key metrics important to our operation. The warehouse distribution, pick and pack works great for us.

Acumatica has helped us consolidate a lot of our reports into one platform.

Rating: 7 out of 10
February 03, 2024
MY
Vetted Review
Verified User
Acumatica
1 year of experience
Project management and financial reports. Acumatica has helped us consolidate a lot of our reports into one platform.
  • Project management
Cons
  • A smoother process to transact inventory that is coming directly from stock when using the project inventory function. It's very inefficient to have to transfer to project inventory first before being able to expense the item to the project.
Great for customizing to our needs but speed could be improved on.

It just works.

Rating: 7 out of 10
August 01, 2019
Vetted Review
Verified User
Acumatica
2 years of experience
EAA uses Acumatica to track expenses, manage reimbursements, and manage our overall accounting and financial reporting. All departments use Acumatica for the aforementioned purposes.
  • Expense reporting - enabled by a smartphone, you can image receipts and create claims quickly
  • Chart of accounts - being able to drill down in an expense category to see the individual claims that make up the total is helpful
  • Reporting - I appreciate the ability to pull a standard report and export to Excel quickly and easily
Cons
  • Reporting could be a bit better. I wish it preloaded our budget so that we could generate a report against the projections.
  • The interface should have personalization features where we can hide fields that we don't use.
It is a great accounting and reporting tool for small to medium businesses. It has all of the essentials for expense tracking.
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