Item: Acumatica
Rating: 6
Author: Verified User

Use Cases and Deployment Scope

We use Acumatica for project accounting and construction job costing. We use the GL and AP modules. We are in the commercial construction industry and built large projects such as hotels and public use buildings.

Pros and Cons

Job Costing
Project Accounting
Workflows

Financial periods
Make it easier to correct transactions
Have out of the box balance sheet and income statement that tie to the trial balance
Have a monthly trial balance report

Return on Investment

Streamlines processes
Eliminates double entry
Prints AIA reports

Time to Value

12+ months

Acumatica Serving Customers

Allows us to use one system for AP, financials and job costing.

Industry-Specific Use

Able to track each job as a project and revenue and expense budgets.

Alternatives Considered

Procore

Procore currently does not have a financial module and Acumatica does.

Key Insights

Do you think Acumatica delivers good value for the price?

Not sure

Are you happy with Acumatica's feature set?

Did Acumatica live up to sales and marketing promises?

I wasn't involved with the selection/purchase process

Did implementation of Acumatica go as expected?

Would you buy Acumatica again?

Yes

Likelihood to Recommend

I think Acumatica is good for project based accounting. We struggle with billing our customers. Time and Material was not set up. For % of complete, it does not update based on the amount of expenses charged to the job during the month. Our general conditions are done out of Acumatica and it would be better if they were done within the system instead of a GL entry.

Acumatica review

Software Version

Modules Used

Overall Satisfaction with Acumatica