Acumatica for financial reporting
January 31, 2024

Acumatica for financial reporting

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Software Version

General Business

Modules Used

  • FInancial Management Suite

Overall Satisfaction with Acumatica

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
  • 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
We are able to send statements out to our customers quickly and easily and very timely and the data is easy to follow

Do you think Acumatica delivers good value for the price?

Yes

Are you happy with Acumatica's feature set?

Yes

Did Acumatica live up to sales and marketing promises?

Yes

Did implementation of Acumatica go as expected?

I wasn't involved with the implementation phase

Would you buy Acumatica again?

Yes

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.

Acumatica Feature Ratings

Accounts payable
9
Accounts receivable
8
Primary and Secondary Ledgers
7
Journals and Reconciliations
7
Configurable Accounting
7
Standardized Processes
8
Cash and Asset Management
8
Period Close
6
Inventory tracking
2
Automatic reordering
6
Pricing
5
Order entry
4
Cost of goods sold
1
Dashboards
5
Standard reports
5
Custom reports
8
Role-based user permissions
7
Single sign-on capability
6
Project Planning and Scheduling
4
Task Insight for Project Managers
4
Project Mobile Functionality
5
Transportation Planning and Optimization
5
Transportation Execution Management
5
Trade and Customs Management
6
Warehouse Workforce Management
4