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Small and medium-sized businesses are making giant leaps forward in their business speed and profitability with Acumatica Cloud ERP. This post outlines the six major benefits driving their newfound success.
The benefits of Acumatica Cloud ERP include:
Managing Inventory
You need to track and manage inventory so as to strike a balance between having enough on hand without spending too much. Acumatica Cloud ERP automates the purchasing, receiving, issuing, and return of inventory items. This automation doesn’t just apply to finished goods, either – it also includes the tracking of materials and repair parts as well as items that have been committed and are on order.
Automated, accurate inventory tracking minimizes carrying costs and enables you to better plan your purchase orders; additional benefits include Acumatica’s ability to manage inventory with a variety of methods – including LIFO, FIFO, and average costing – so you can value your inventory the way that suits your financial reporting.
Increasing Productivity
Acumatica Cloud ERP enables you to perform daily operations faster while gaining deeper insights into your critical processes. Streamline operations with a modern, fully-integrated architecture that combines enterprise-class order processing, CRM, operations management, and accounting – all of which you can customize. Workflow functionality, which is also included, allows you to automatically route documents, obtain approvals, and track activities.
Acumatica's self-service business intelligence tools further enhance your productivity with tools and dashboards that show you your data in new ways so you can work faster and smarter.
Connecting Anywhere
With Acumatica, you can access your business information from anywhere, at any time, and on any device. While many ERP solutions make their tools available via the web and mobile devices, Acumatica designed their ERP to have the same look, feel, and functionality across mobile devices, the web, and desktops. As a result, your people can be fully productive anywhere they are.
Employees have come to expect common work tasks to be available when they work remotely; Acumatica has responded by creating an app for both iOS and Android devices – at no extra charge – that field staff can use on their mobile devices, including time and expense reporting.
And there’s no need to worry about security, because universal access doesn't mean universal vulnerability – Acumatica Cloud ERP is extremely reliable and secure due to redundancy in the cloud and the cloud’s ability to separate your core ERP system from user functions.
Adapting to Change
Your customers are demanding more sophisticated services at a faster pace. Because you're delivering products to ‘always-on’ consumers, you need more responsiveness via the web or phone on a 24/7/365 basis.
Acumatica integrates all critical technologies, including support systems, so you can provide quick-response, automated-when-necessary customer service. In addition, because Acumatica integrates everywhere you need it to, your front-line support personnel has more data at their fingertips to handle customer requests faster.
Improving Cash Flow
You need to be responsive to customers while optimally managing fulfillment and cash flow. With Acumatica’s ability to take orders, make shipments based on customer preferences, bill accurately, and track on-time or delinquent payers, you maximize revenue while ensuring you get paid. Moreover, key processes are automated; for example, upon order receipt, discounts are automatically applied, shipping receives the order, and accounting obtains invoice information.
To further enhance your cash flow, Acumatica Cloud ERP includes visual dashboards to alert your customer service team when specific customer's receivables grow too large or become too far past due.
Responding Faster
Acumatica Cloud ERP incorporates CRM into the base offering, which means your customer service teams instantly have access to information related to quotes, orders, shipments, invoices, payments, and service calls. This 360-degree customer view enables customer service representatives to offer fast responses based on the full context of your relationship with the customer. In addition, the Acumatica Customer Portal provides both customers and partners with a single location to place orders and then access order and shipment information – they can even submit support cases and obtain support on a 24/7 basis.
Conclusion
Acumatica is benefitting small and medium-sized businesses in ways they never thought possible. The full, modern functionality of the system is helping them streamline operations and earn more profits than ever.
Have questions about Acumatica Cloud ERP? Please contact us for more information.
