Great accounting software if you're prepared to roll up your sleeves
Updated April 30, 2024
Great accounting software if you're prepared to roll up your sleeves
Score 8 out of 10
Vetted Review
Verified User
Modules Used
- FInancial Management Suite
- Project Accounting Suite
Overall Satisfaction with Acumatica
Acumatica handles our project accounting needs (budgeting, cost projections, invoices, checks, etc.). We use it in conjunction with Timberscan to handle paperless invoice approvals. We use Velixo to handle reporting and linking to excel needs. The native functionality doesn't fit our needs perfectly and so we have had to customize it.
Pros
- Drilling down on data
- Ability to export to Excel from almost any screen
Cons
- Allocations
- Importing simplicity
- More granular permissions
- Slowed down our processes during the year post-implementation as we wrestle with reporting
- Paperless approvals have improved speed for some users and slowed others
- Audit history has increased our ability to track changes
Other
Other
We rely on project accounting as we're a construction/real estate company and need to manage our budgets across many functional groups and for the most part, Acumatica does this well. Where we have encountered issues has been mainly around what appear to be unique steps/requirements within our existing processes.
We have many companies which was a sticking feature, and quite costly, with many of the solutions we evaluated. Additionally, we require project accounting which eliminated many of the options we thought we would consider. Acumatica's resource pricing model set it apart in addition to its customizability and open API (although this has more quirks than we expected).
Do you think Acumatica delivers good value for the price?
Yes
Are you happy with Acumatica's feature set?
No
Did Acumatica live up to sales and marketing promises?
No
Did implementation of Acumatica go as expected?
No
Would you buy Acumatica again?
No
Comments
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