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4 ways Acumatica brings your operations to the future

Modern enterprise resource planning (ERP) software is designed to use a single system of integrated applications to manage the many functions and processes of the business. But how can your unique business benefit from something like this? Modern ERP solutions are used by businesses that are looking for a more integrated, centralized management system. Organizations that have to manage a lot of staff, inventory, or customers could all benefit from an ERP. For this reason, modern ERPs are used by a number of very different industries, including healthcare, construction, nonprofits, and even hospitality.

Acumatica is the fastest-growing provider of cloud-based ERP for small and mid-sized businesses (SMB). When it comes to choosing a contemporary ERP, here are 4 ways that Acumatica can transform and update your operations.

Improved productivity

There are some tasks that you have come to expect will take a significant amount of time. Tasks like generating reports, tracking timesheets, and monitoring payroll are necessary but time-consuming. They also tend to bring down employee morale. Acumatica has apps designed to simplify each of these processes, and in doing so they can save you time. In some cases, these tasks can even be automated. This frees up valuable employee time and increases your organization’s productivity, efficiency, and profitability.

People working efficiently with computers in a group

Another benefit of Acumatica is the ability to go mobile. All of the apps can be used on mobile devices anywhere you have an internet connection and, because the ERP is cloud-based, your data will always be there when you need it. This enables you to stay connected to the office no matter where you are. If employees are working in the field they will still have immediate access to whatever they need. Even if you don’t work in the field, mobility is definitely still a huge benefit. It allows you to check in while traveling, while in line at the bank, or while taking a meeting down the hall from your office.

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Related reading: An introduction to the management suites of Acumatica

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Faster analytics

One of the most frustrating and time-consuming requirements for any manager is the process of compiling regular reports. Waiting for people to turn in their monthly numbers, or attempting to pull data from numerous sources can be frustrating and slow. Acumatica records and stores all your data as it’s entered and lives in the Acumatica ERP suite of apps. This means that when it’s time to pull a report, you can do so in real time without having to go to a lot of different sources. Acumatica reporting also allows you to schedule reports ahead of time, and to customize your reports to the specifications you need.

Acumatica ERP also offers a lot of extras, with great features like the ability to customize reports with your logo, the option to customize reports based on roles, and a host of choices for exporting and sharing reports with others. This allows you to use these features in the way you want and take your reporting to a whole new level.

Simplified inventory management

A major challenge for growing companies of all kinds is tracking and monitoring inventory. Acumatica tracks inventory in real time, improving customer service and profitability. Inventory is easily tracked end-to-end through the system, from purchase to stock to sale. CRM integration enables you to convert sales opportunities into sales orders without having to re-enter pricing and other information. Inventory replenishment recommendations based on historical analysis help to minimize costs and unnecessary inventory. Details like these contribute to the streamlined operations that Acumatica offers as well as to improved customer service.

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Related reading: 5 signs you need an ERP system

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Preview of Acumatica Software
Photo: Acumatica

Streamlined operations

Improved productivity, faster analytics, and simplified inventory management are just a few of the ways that Acumatica will bring your business into the future. What it all really boils down to, though, is the ability to streamline your operations. When you are able to operate in one platform to manage the mission-critical activities for your business, you save time, money and energy – and reduce stress. This makes things easier and more efficient for you and for your employees. And, just like other cloud services, Acumatica is scalable and customizable to your individual business and needs so you don’t have to invest in more than you really need.

The Difference Between Accounting Software And ERP Solutions

Accounting SoftwareBusinesses rely on accurate financial management and many describe finances as the very lifeblood of the company.  Many decisions are based on current financial figures, which is why reliable accounting software is such a necessity.  However, over time basic accounting software no longer fits the bill, so to speak, and an enterprise resource planning (ERP) solution makes more sense.

Entry-level accounting software, such as QuickBooks, can work successfully for a time.  These solutions offer basic financial management activities such as monitoring income and expenses, populating bank statements, and paying bills.  You may be able to create invoices and print financial reports; however, there isn’t much more you can get out of entry-level accounting software.  A secondary problem often presents itself some time later – basic software can only handle a limited volume of data and a limited number of users.  With growth, your business generates more and more data that can quickly bog down the software, making it difficult to process data and reports.  Additional delays can occur as employees have to wait to enter or retrieve information needed to make important business decisions.  Before basic accounting software begins to stifle growth, make the change to a stronger business management solution.

You can manage all of your business operations with a modern ERP solution including financial transactions, supply chain and inventory, manufacturing and distribution operations, human resources and payroll activities, and other core business processes.  You can enter, access, and analyze data with greater efficiency when it’s located within a single, centralized solution.  In addition, data is seamlessly shared between processes. For example, you can create a proposal or contract for a customer and turn that data into a purchase order, and later, an invoice.  This and other time-saving automations reduces the time spent handling data and improves the productivity of your team.  Powerful ERP solutions also offer business intelligence and reporting features that make it easier to identify trends, uncover ways to control spending or reduce waste, and further improve business processes.
As your business grows, you need more than basic accounting software.  Choose a solution that can provide the insight you need to make data-driven decisions, improve productivity and profitability, and support superior customer service.

Contact AppSolute for more information about making the switch from entry-level accounting software to modern ERP.

By AppSolute Consulting Group, LLC, Microsoft, Accumatica and Sage Partner out of New York