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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 …
Continue reading
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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 477)
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Score 10 out of 10
Vetted Review
Verified User
Incentivized
Scope of our use case is fairly small, we have one location, 25 employees, and do about 15 million in sales per year. We use Acumatica for the whole scope of our business, from inventory, to AR/AP, to order fulfillment, and it works well.
February 16, 2024

Acumatica Review

Score 10 out of 10
Vetted Review
Verified User
Incentivized
We utilize Acumatica for some core features, which revolve around Procure to Pay, Order to Cash, Manufacturing, and Financial Reporting. We take a simplistic approach to manufacturing and on our process within the ERP. So, we focus on some of the core aspects of the system to keep our business functioning efficiently.
February 15, 2024

Acumatica Review

Score 7 out of 10
Vetted Review
Verified User
Incentivized
We're a sales organization and we are using Acumatica for all of our sales order processing, shipping and warehouse operations, and financials. It is our "one source resource" for conducting our business (our overall business software).
February 06, 2024

Acumatica Conference

Score 10 out of 10
Vetted Review
Verified User
Incentivized
I use it daily as the financial controller. It is not a hard job, but it can be tedious. Acumatica allows me to generate reports and create work processes and flows that help to assist with work. I would recommend Acumatica to my friends and anyone that is interested in the accounting and finance industry. I would like to take the time to thank Aumatica for allowing me to be at the conference this 2024, I hope to be here for more.
Score 7 out of 10
Vetted Review
Verified User
Incentivized
Acumatica is our ERP system, we use the distribution module and some of the manfacturing. Our biggest problem is way too many customizations that were put in 7 years ago to get around things not yet ready. This has slowed our use of Acumatica to the point of frustration levels with our users. I'm the ERP Admin, so the bridge between the users and the in-house dev team.
February 05, 2024

Acumatica Review

Score 10 out of 10
Vetted Review
Verified User
Incentivized
Right now, because we have a consulting focus, we have a lot of projects, so we're using the project module and we bill our customers or our clients based on hours of consulting work that we provide. We have various projects with different types of outcomes.
February 05, 2024

Acumatica Review

Score 10 out of 10
Vetted Review
Verified User
Incentivized
So obviously from a purchasing standpoint, we manage all of our demand for forecasting, purchase orders, sales orders, and quotes. We also manage accounts payable. We pretty much use it from beginning to end. We do warehouse management, track lot serial numbers, create kits and various things. We have roughly right around a thousand active inventory items and probably 55% of those have serial numbers. And we're big believers in kits, so we use a lot of kits and so forth.
February 05, 2024

Acumatica Review

Score 8 out of 10
Vetted Review
Verified User
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 separate disparate systems into one platform to manage our finances and everything together.
February 05, 2024

Acumatica Review

Score 10 out of 10
Vetted Review
Verified User
Incentivized
We use Acumatica to track anything to do with inventory. We are using it to create purchase orders. We're using it for reporting for inventory, we're using it for sales orders. We use it for pretty much everything. We use it for our manufacturing and our keeping track of our raw materials and accounts receivable, accounts payable. Pretty much every aspect of our company we use Acumatica.
February 05, 2024

Acumatica Review

Score 9 out of 10
Vetted Review
Verified User
Incentivized
We aren't using it probably to its full capacity with respect to project management. Part of why I'm here and part of why I want to go see some of these things, but it's really mainly used in our accounting department to do our payroll, our job costing, our financials, and those types of things.
February 05, 2024

Acumatica Review

Score 10 out of 10
Vetted Review
Verified User
Incentivized
We use it for all of our accounting. We do the bookkeeping for 14 different entities and ministries primarily for accounting, managing church receipts, getting funds to missionaries, and that type of work. It does core accounting extremely well. It provides reporting and integration with some other modules, one that we had written for the project or for the system, and it just allows us to integrate the ministries with the accounting, and the reporting with the unlimited users. It's been a great benefit to our organization and contributing information on budgets and where people are in their ministries.
February 05, 2024

Acumatica Review

Score 10 out of 10
Vetted Review
Verified User
Incentivized
We use this product in many different areas. Firstly, we use it for POS transactions projects. We also use it for our retail arm at our gas stations. We use it also for financial statements and the consolidation of companies. So one of the problems we were faced with before Acumatica was helping financials readily available with Amar. That allowed us to have real-time data to make real-time decisions. Also, we use Acumatica for our customers. We want to ensure that the pricing that we are giving each of our customers our profitable decisions that we are making on our side and not losing on transactions.
February 05, 2024

Acumatica Review

Score 10 out of 10
Vetted Review
Verified User
Incentivized
We use it as our ERP, so we use it for literally everything. We use the payroll module, we use every module related to construction and project management, and we use all the manufacturing modules. So we have all of our basic AP/AR functionality flowing through our cash reconciliations, flowing through. We use the bank feeds for our credit card processing and from what I'm told, little unique not being used a ton yet. So I think we're on the pioneering side of that. So literally any business process just about is flowing in some way into Acumatica and back out.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Integration of all processes. Accounting/project accounting/project management/ time and expense management. As a growing organization we needed to automate and streamline all the processes across our organization. The goal is to integrate all the processes, to get rid of data redundancy, have operational data current and available at any moment. Access from mobile, from anywhere and available for all employees of organization is very important
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