Acumatica

Acumatica Financial Management

7.3 /10

What is Acumatica Financial Management?

Financial management software provides businesses with a full suite of accounting functions to track daily financial operations and generate quarterly and annual financial statements. In addition, it provides tools for reporting, analysis, budgeting, and planning.

Company Details

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Acumatica Financial Management Ratings

Real user data aggregated to summarize the product performance and customer experience.

86 Likeliness to Recommend

100 Plan to Renew

81 Satisfaction of Cost Relative to Value

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Emotional Footprint Overview

+96 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Acumatica Financial Management?

0% Negative

0% Neutral

100% Positive

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

Feature Ratings

Average 79

Expense Management

Project Accounting

Dashboards, Analytics and Reporting

Cost Revenue Tracking

General Ledger Chart of Accounts

Budgeting Forecasting

Integration APIs

Reconciliation

Cash Flow Management

Accounts Payable Purchase Orders

Accounts Receivable Invoicing

Vendor Capability Ratings

Average 82

Breadth of Features

Ease of Data Integration

Quality of Features

Availability and Quality of Training

Product Strategy and Rate of Improvement

Ease of IT Administration

Business Value Created

Usability and Intuitiveness

Ease of Implementation

Ease of Customization

Vendor Support

Acumatica Financial Management Reviews

Danielle M.

Role: Operations
Industry: Construction
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Nov 2021

Great Out of the Box but with Easily Customized

Likeliness to Recommend

8 /10

What differentiates Acumatica Financial Management from other similar products?

The data is reliable and integrates across all modules well. There is so much room to easily customize the system to your needs both on a company-wide and individual level.

What is your favorite aspect of this product?

Ease of use, visibility of data.

What do you dislike most about this product?

This is a newer company and at times their staff doesn't seem as knowledgeable about their product as I would like. It's not ideal to ask a question they don't know the answer to or encounter and error that they don't know how to fix.

What recommendations would you give to someone considering this product?

Make sure you have a robust internal team for your implementation. While we are satisfied with the end result, it took our company quite a lot of hours and intense work to properly implement the system.

Pros

Continually Improving Product
Respectful
Fair
Helps Innovate

Abhishek G.

Role: Finance
Industry: Banking
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Aug 2021

Fabulous Product

Likeliness to Recommend

8 /10

What differentiates Acumatica Financial Management from other similar products?

Its wonderful features.

What is your favorite aspect of this product?

Clean, easy-to-use user interface.

What do you dislike most about this product?

Nothing in particular.

What recommendations would you give to someone considering this product?

Great product go for it..

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

Mitali C.

Role: Finance
Industry: Consulting
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Jul 2021

Perfect product

Likeliness to Recommend

9 /10

What differentiates Acumatica Financial Management from other similar products?

Its Features.

What is your favorite aspect of this product?

This software is very safe and reliable, so the inventory management and accounting of your business is in good hands.

What do you dislike most about this product?

Nothing as such

What recommendations would you give to someone considering this product?

Get your data in the product BEFORE go live and work in it for more than just testing if forms work..Do real world scenarios for all your processes.

Pros

Continually Improving Product
Reliable
Trustworthy
Inspires Innovation

Acumatica Financial Management

What is Acumatica Financial Management?

Company Details

Need Assistance?

Acumatica Financial Management Ratings

86 Likeliness to Recommend

100 Plan to Renew

81 Satisfaction of Cost Relative to Value

Emotional Footprint Overview

+96 Net Emotional Footprint

How much do users love Acumatica Financial Management?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Expense Management Includes all aspects of expense forms design, completion, submission, limits and compliance, and reporting.

Project Accounting Ability to track, report and analyse financial results and implications at an individual project level

Dashboards, Analytics and Reporting Includes historical & real-time dashboard visualizations, detailed & summary reporting, forecasting & easy data extraction for data analysis.

Cost Revenue Tracking The process of recording, classifying, analyzing, summarizing, and allocating costs associated with a process

General Ledger Chart of Accounts The general ledger contains the organization’s accounts for recording assets, liabilities, revenue, and expenses.

Budgeting Forecasting Functionality allowing users to create and maintain budgets and develop forecasts, “what-if” scenarios, etc

Integration APIs Ability of the software to interface with legacy and other third party applications.

Reconciliation Functionality that ensures that two sets of records (usually the balances of two accounts) are in agreement.

Cash Flow Management Includes income and expense tracking, as well as cash flow monitoring.

Accounts Payable Purchase Orders Record of debts owing for an organization. Sometimes includes a purchase order capability

Accounts Receivable Invoicing Record of claims for payment for goods or services provided. Usually includes a customer invoicing capability

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Acumatica Financial Management Reviews

Danielle M.

Great Out of the Box but with Easily Customized

Likeliness to Recommend

Pros

Abhishek G.

Fabulous Product

Likeliness to Recommend

Pros

Mitali C.

Perfect product

Likeliness to Recommend

Pros

Feature Ratings

Expense Management

Project Accounting

Dashboards, Analytics and Reporting

Cost Revenue Tracking

General Ledger Chart of Accounts

Budgeting Forecasting

Integration APIs

Reconciliation

Cash Flow Management

Accounts Payable Purchase Orders

Accounts Receivable Invoicing

Vendor Capability Ratings

Breadth of Features

Ease of Data Integration

Quality of Features

Availability and Quality of Training

Product Strategy and Rate of Improvement

Ease of IT Administration

Business Value Created

Usability and Intuitiveness

Ease of Implementation

Ease of Customization

Vendor Support