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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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Recent Reviews

Acumatica Review

8 out of 10
February 27, 2024
Incentivized
So this will be our main ERP system. So we'll use it for finance, we'll use it time and attendance. We'll also use it for the field …
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Acumatica Review

7 out of 10
February 15, 2024
Incentivized
We're a sales organization and we are using Acumatica for all of our sales order processing, shipping and warehouse operations, and …
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Acumatica Review

10 out of 10
February 05, 2024
Incentivized
We use it for time and billing for all of our third-party administration, defined benefit, and co-sourcing clients around our retirement …
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Acumatica Review

8 out of 10
February 05, 2024
Incentivized
It is, well it's in the process of becoming the backbone of our company. From an ERP standpoint, migrating and integrating all our …
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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

Popular Features

View all 65 features
  • Accounts payable (420)
    8.7
    87%
  • Journals and Reconciliations (314)
    8.7
    87%
  • Accounts receivable (328)
    8.6
    86%
  • Cash and Asset Management (277)
    8.6
    86%

Reviewer Pros & Cons

View all pros & cons

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

View all pricing

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.

8.6
Avg 7.2

Customization

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

8.5
Avg 7.2

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.

8.6
Avg 8.1

Reporting & Analytics

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

8.4
Avg 7.0

General Ledger and Configurable Accounting

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

8.9
Avg 7.6

Inventory Management

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

8.5
Avg 7.9

Order Management

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

8.8
Avg 7.8

Subledger and Financial Process

Revenue management solution including capabilities for subledgers and financial processes

8.9
Avg 7.4

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.

8.2
Avg 6.8

Grants Management

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

8.2
Avg 7.6

Procurement

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

7.7
Avg 7.0

Risk Management

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

8.7
Avg 6.5

Logistics

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

8.7
Avg 6.9

Manufacturing

Manufacturing solution for managing manufacturing processes and costs.

8.9
Avg 7.5

Supply Chain

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

8.3
Avg 7.2

Product Lifecycle Management

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

8.7
Avg 7.3
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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 and Ratings

(587)

Attribute Ratings

Reviews

(1-25 of 478)
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Score 10 out of 10
Vetted Review
Verified User
Incentivized
Acumatica seems very well suited to the needs of a business of our size. It gets (almost) the whole flow of our business in one place, and allows for live collaboration across all our departments. It probably wouldn't be appropriate for a business below a certain threshold in size. Also, it seems like the WMS features are not quite there yet. We use a Manhattan Scale product for that, but we would love it if we didn't have to deal with the interfacing between the two systems.
February 27, 2024

Acumatica Review

Score 8 out of 10
Vetted Review
Verified User
Incentivized
I'm so new to it. I mean it has a lot of capabilities. So I'm used to working with Infor products, so I'm used to large ERP systems and I haven't seen anything that makes me question Acumatica. It seems like I can customize anything and have the system to do what I need. So I mean that's one advantage point why we selected Acumatica is because it can be tailored to our business and to what we need and the way we want to do it.
Score 8 out of 10
Vetted Review
Verified User
Incentivized
Low to medium volume online sales. Manufacturing companies and construction/project quotes will find the most specific use cases here. Businesses with multiple locations or remote workers will also benefit from its all-online approach.
February 16, 2024

Acumatica Review

Score 10 out of 10
Vetted Review
Verified User
Incentivized
I think it's suited for many industries. It looks like it has the complexity if you need to build in customizations, but for us we chose simplicity. So the system was also very flexible in keeping things simple. I don't see too many areas where we have no answers for the things that we need. I believe that Acumatica is definitely our platform for the future. And with that being said, we're actually going to be deploying our Germany location this coming year.
February 15, 2024

Acumatica Review

Score 7 out of 10
Vetted Review
Verified User
Incentivized
The Kit Assembly for both stock and non-stock kits works well for us. We saw this initially and Acumatica tried describing kits to us. It looked like it wasn't going to work, but as we use this feature, we are finding it to be much better than anticipated and we are happy with this functionality. On another note, we purchased the CRM module and find it has a lot of room for improvement and we don't find value in this module (yet). Our hope is that this next year we will find a way to use the CRM module effectively to bring in more value to the CRM piece as well.
February 05, 2024

Acumatica Review

Score 10 out of 10
Vetted Review
Verified User
Incentivized
Given the customizability of the platform, I can't think of a use case or application where it wouldn't be best suited if you had the appropriate engineering and development resources to flex the application to the spec that is required or to the spec capable. That said, if you are manufacturing point of sale geared, this is a more out-of-the-box solution if you are willing to put in the time and effort to develop the application and develop your linear workflows. This can work in any use case across industries.
February 05, 2024

Acumatica Review

Score 9 out of 10
Vetted Review
Verified User
Incentivized
We were able to implement MRP with Acumatica and we had tried in the past on the previous legacy system that was much more complicated and just not, we weren't seeing a benefit of MRP, it took us a few months. There was a big change for us, but we've implemented it now, everybody's raving about it. So that part, I love the MRP for sure, and we are having ship internationally as well as domestically, so we were not able to use Acumatica is built, built-in shipping, so that was somewhere where it didn't work for us.
February 05, 2024

Acumatica Review

Score 10 out of 10
Vetted Review
Verified User
Incentivized
I think I just kind of have the same example. For me, that's the thing that has applied the most is just being able to drill into and have a connection between what is hitting on a total expense versus what gets processed in accounts payable. And being able to make that connection and being able to drill down has saved us a ton of time
February 05, 2024

Acumatica Review

Score 10 out of 10
Vetted Review
Verified User
Incentivized
I believe that, if I'm understanding correctly, I think that it really helps our sales team because the ability to see the pricing structures is a little easier than our previous system. I think the ease with which it allows us to pay parent versus children vendors eliminates a lot of extra checks and so on. And also on accounts receivable coming in, we can do the same thing. So if one company is paying for multiple accounts, it makes that a lot easier.
February 05, 2024

Acumatica Review

Score 10 out of 10
Vetted Review
Verified User
Incentivized
I originally came from a huge Fortune 50 company, a global company, and what I really like about Acumatica is we're really focused on the smaller to mid-size company. And so for me, the transition has been very interesting. And I think with Acumatica, I think because it is fully integrated, I have experience in the construction industry, so the project accounting and revenue recognition information seems very good in Acumatica. I also have experience in the manufacturing environment, and I think that's going to be very good in Acumatica as well. But what my organization is focused on is consulting, and so the project accounting for consulting I think will be very good.
February 05, 2024

Acumatica Review

Score 10 out of 10
Vetted Review
Verified User
Incentivized
Well, our company has a new product. We've been in the design phase for almost two years and we recently released it and it's a manufacturing product that we're doing, building in the states, and it's roughly 200 parts. They all come together to make one part. And having the kits and the exploding kits in particular has allowed us to be able to manage the inventory flow very well. So I think anybody who needs to track serial numbers and link multiple items together and benefit from Acumatica. As far as where it's not appropriate, I really don't know. Maybe I'm a little biased. We've been using it for a while now. It seems to work well for what we need.
February 05, 2024

Acumatica Review

Score 8 out of 10
Vetted Review
Verified User
Incentivized
I go back to the integration. We have a proprietary MES software that is seamless to integrate and connect with it. That's huge to me that that's like the best thing.
February 05, 2024

Acumatica Review

Score 9 out of 10
Vetted Review
Verified User
Incentivized
Well, that's kind of a tough question here. I think Acumatica is very suited. Well, here's something that we ran into previously. Acumatica didn't provide multicurrency support, so it wasn't necessarily as suited for international sales and distribution, but that's changed. So it is now. So I guess that's kind of an old example. Some of the things that it is well suited for is kind of the finance consolidations that we do toward the end of the workflow.
February 05, 2024

Acumatica Review

Score 10 out of 10
Vetted Review
Verified User
Incentivized
I think well, well-suited a great reporting software. I believe our sales force doesn't find it quite as user-friendly as the people who are viewing the reports and making the decisions as far as inventory and transferring and purchasing and manufacturing of inventory. So I think it's kind of a two-edged, but I think the system is very good for reporting and tracking inventory and maybe not quite as user-friendly for a sales type of person.
February 05, 2024

Acumatica Review

Score 10 out of 10
Vetted Review
Verified User
Incentivized
It is very well suited, I think for nonprofits in general. It has the ability, through its sub-accounts, to track very detailed, broken, segmented reporting, which is just above anything I've seen in other packages. The ease of use I bring new employees on and they're functioning within a day. Very user-friendly, very just a nicely designed package. I think the payroll module could use a little bit of work and for the out-of-box reporting, you have to invest in making some custom reports at the start because the out of box ones are not very pretty.
February 05, 2024

Acumatica Review

Score 10 out of 10
Vetted Review
Verified User
Incentivized
In this size company, we have many different companies under one umbrella. So we have a lot of different branches under one software. So that allows us the whole seven of our companies under one ERP system and is visible by all 'em. That's a plus when it comes to not being used, I think in some of our retail arms as the gas stations, it's not the most suited because it's more of an ERP system and not more simplistic to the retail arm.
February 05, 2024

Acumatica Review

Score 10 out of 10
Vetted Review
Verified User
Incentivized
I think on the project management and budgeting side, it is very well suited to be able to easily create revenue and cost budgets and then be able to see revenue and costs hit the project.
February 05, 2024

Acumatica Review

Score 10 out of 10
Vetted Review
Verified User
Incentivized
I think again from the finance standpoint, maybe being more biased there, it's been really great to have easy links between the financial data and ending up with financial statements and clicking links that go back to the source data. So if you want to know what's going on in a specific line of the financials, being able to just double click and get down to, it came from this AP transaction or it was this transaction, that ease of going back and forth has really been awesome. I think that's huge. On the other side, I think again, just there are so many things out there that having more training materials and more information on how to use some of these specific pieces that are maybe how to customize would be really helpful. Just having more of that customization training would be awesome.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
In case of our company we implemented construction edition and most of the features available are very well suited for us. Project accounting is very important. Purchasing and availability of mobile app allows for a better transparency and streamlining processes greatly. In-house payroll functionality is less appropriate for us. As a small business we believe in outsourcing payroll function.
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