Acumatica Cloud ERP debuts new features to fuel better business decisions
Acumatica, an industry-leading business solutions provider, is rolling out new capabilities enabling mid-market businesses to grow, scale, and drive efficiencies. These features were showcased during Acumatica Summit 2024.
“Our bet is on our customers, which is why we heavily weight our product roadmap in favor of their input,” said Ali Jani, chief product officer at Acumatica. “Our product managers visit customers throughout the year and use takeaways from these discussions to innovate our solutions. The priority we place on customer input reflects what we mean in our Acumatica Rallying Cry: Building the future of business together, which will continue to guide our technology direction and vision.”
A public preview of the new UI will be available in the 2024 R1 release, with a controlled release expected later in the year before full general availability.
New features and functionality in 2024 R1 include:
- An AP Bill Link in Proforma, a new side panel for AP Bill selection and the ability to easily view an attached transaction image, ensuring timely and accurate vendor payments and increased billing accuracy.
- The ability to report parallel operations, enabling manufacturers to manage production orders with the flexibility to report operations out of sequence and multiple operations simultaneously.
- Access to distribution requirements planning (DRP) functionality, helping non-manufacturers, particularly distributors, manage inventory supply and demand and plan kitting with material requirements planning (MRP) and DRP.
- An enhanced Managed Sales Allocation process, delivering more control and flexibility over the order allocation process to customers. Distributors will benefit from consolidated views of allocations, enhanced selection criteria, and improved ability to handle backorders efficiently within the same system.
- The general availability of Amazon entirely in Acumatica, including additional features like “Fulfilled by Amazon (FBA) inventory reconciliation” and “Amazon statement reconciliation.” These features will enable companies to streamline and ensure the accuracy of Amazon transactions.
“With so much information available, hesitancy, distrust and lack of understanding of data have emerged, which shows businesses need better ways to approach their data and decision-making.? This is why AI is so important for the future of ERP,” said Jani. “Technologies will continue to evolve, allowing Acumatica to further enhance how we bring relevant data to your fingertips more quickly, accurately and reliably.” ?
For more information about this news, visit www.acumatica.com.