We love this thing!!
Updated February 20, 2025

We love this thing!!

Nick Fry | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Software Version

General Business

Modules Used

  • Project Accounting Suite

Overall Satisfaction with Acumatica

We use it to process time and billing for third party administration services and actuarial services, as well as for invoice delivery and payment reconciliation.

Pros

  • extremely customizable
  • dashboarding and self-service reporting
  • automated time entry
  • integration with enterprise internally accounting system and general ledger

Cons

  • More focus on professional services modules and use in the corporate space.
  • Further expansion of self service reporting, as well as scheduled reporting and aggregate data feeds to lake structures
  • Policing bad partner vendor code
  • 4-figure FTE hour savings by streamlining time tracking
  • Allows for faster AR reconciliation
7-12 months
Better invoicing practices and better tracking of aged AR
We use it to track time entry for professional services.
  • Oracle APEX and ASAPP Customer Experience Performance (CXP)

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?

Yes

Would you buy Acumatica again?

Yes

Acumatica has a wide use case in scenarios where inventory management or resource management are paramount. A persistent in and out flow of resources. In more stagnant operations, or more free form professional services engagements, it may not have much applicability.

Acumatica Feature Ratings

9.0
Accounts payable
9
Accounts receivable
9
Global Financial Support
10
Primary and Secondary Ledgers
10
Journals and Reconciliations
9
Configurable Accounting
8
Standardized Processes
8
8.3
Billing Management
8
Budgetary Control & Encumbrance Accounting
8
Period Close
9
Inventory Management ()
Not Rated
9.0
Credit card processing
9
Payroll Management ()
Not Rated
10.0
Dashboards
10
Standard reports
10
Custom reports
10
10.0
API for custom integration
10
Plug-ins
10
10.0
Role-based user permissions
10
Single sign-on capability
10
Grants Management ()
Not Rated
Project Financial Management ()
Not Rated
Project Execution Management ()
Not Rated
Procurement ()
Not Rated
Risk Management ()
Not Rated
Logistics ()
Not Rated
Manufacturing ()
Not Rated
Supply Chain ()
Not Rated
Product Lifecycle Management ()
Not Rated

Using Acumatica

1000 - Client services and support, project accounting, associate hour tracking.
3 - Technical and report writer-skilled, require solid application support skillsets, as well as some low-code experience.
  • Time and Billing
  • Signed Agreement Management
  • Project Accounting
  • Invoice Delivery
  • Customized Reporting
  • Project accounting before Professional Services model
  • scaled corporate time and billing
  • client engagement
  • billing and AR recognition
Solid application, very customizable, and easy to support. Releases may not play nice with certain custom code and some partner vendors are less than apt at forward compatibility design. Very sturdy, open license structure allows for full use throughout org.

Evaluating Acumatica and Competitors

  • Scalability
  • Integration with Other Systems
  • Ease of Use
Integration with current processes, price point per user and solid support.
I would broaden the scope to include some previously missed use-cases and operational workflows.

Comments

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