Acumatica Accounting Software
Acumatica is a company dedicated in developing suites and software to ensure quality in business operations and activities. Acumatica is good for small-scale and mid-sized businesses. Acumatica Financial Management serves the needs and demands of banking, retail, marketing, professional services, hospitality, and vertical industries. It is easier for the business manager to configure accessibility of reports, data, and tracks.
Acumatica Financial Management is a cloud-software solution that the business can use. In nature, Acumatica is a software-as-a-service application that can be deployed in any platform. Internet infrastructure provides connection with multi-level departments. Web browser-based, Acumatica Financial Management increases the power of the business to answer its current demands and needs.
As perks, business managers can easily track updates and reports through the dashboard. Notes and tracking updates are shown in the dashboard of Acumatica Financial Management to ensure real time decision-making. Updates and tracking reports can be customized according to the demand of the situation. Aside from reporting and updating business managements, Acumatica Financial Management provides forecasting data with regards to the trend of the market. Through integrative capability, historical information and data are used to gather trend reports to ensure higher level of accuracy and reliability of business forecasting.
Acumatica Financial Management creates workflow management to reach forecasting and reporting potentials. There is a need for collaborative application of key players across different business department levels. In this respect, Acumatica Financial Management supports enterprise resource planning solutions. ERP incorporates proper internal and external communication through mailing list system, referral tracking, and email marketing, among others.
Moreover, there are ten modules and functionalities that can be customized and configured by business managers, according to their demands and needs. General Ledge Module is the mainframe or the core of the business operations to gather information with regards to financial standing of the business. Businesses can post entries directly to the General Ledger or allow a summarization to be posted timely. The Cash Management Module gives the business a good chance to track down operations. Financial activities include cash flow, fund transfer, and bank account reconciliation.
Accounts Receivable and Payable Modules automate the invoicing of bills and posting of received payments. Automation eliminates double billing and payment. In addition to the enterprise resource planning power of Acumatica Financial Management, Employee Module allows human resources managers to update tasks, check for bills, and pay salaries.
With regards to standard of business and trade, Currency Management and Tax Management modules are included in Acumatica Financial Management to allow smooth processes of the global market. There are standards and regulations to be followed in tax and international trade – all of these standards and procedures are incorporated in the Acumatica Financial Management.
For revenue and asset processing, Fixed Assets Management and Revenue Management Modules can help to automate the depreciation of assets, the conduit relationship of revenue and expenses, and to examine cash movements. All these activities are done with the aid Inter-Accounting Module to embrace the entire activity of the business.
