Acumatica

Acumatica Financial Management

Composite Score

7.7 /10

CX Score

7.9 /10

27 Reviews Write a Review

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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.

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Acumatica Financial Management Ratings

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

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

82 Likeliness to Recommend

100 Plan to Renew

78 Satisfaction of Cost Relative to Value

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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+80 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?

4% Negative

16% Neutral

80% Positive

Pros

Respectful
Trustworthy
Fair
Altruistic

Feature Ratings

Average 80

General Ledger Chart of Accounts

Expense Management

Reconciliation

Dashboards, Analytics and Reporting

Accounts Payable Purchase Orders

Project Accounting

Accounts Receivable Invoicing

Integration APIs

Cost Revenue Tracking

Budgeting Forecasting

Cash Flow Management

Vendor Capability Ratings

Average 77

Breadth of Features

Usability and Intuitiveness

Availability and Quality of Training

Vendor Support

Ease of Data Integration

Ease of IT Administration

Business Value Created

Product Strategy and Rate of Improvement

Quality of Features

Ease of Implementation

Ease of Customization

Acumatica Financial Management Reviews

Will P.

Role: C-Level
Industry: Manufacturing
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Oct 2024

Easy to use! Customizations are complicated!

Likeliness to Recommend

8 /10

What differentiates Acumatica Financial Management from other similar products?

Ease of use out of the box.

What is your favorite aspect of this product?

Financial reporting.

What do you dislike most about this product?

The customizations we've put in place, are temperamental.

What recommendations would you give to someone considering this product?

Coordinate closely with your support providers over questions and concerns.

Pros

Helps Innovate
Continually Improving Product
Performance Enhancing
Trustworthy

Marc R.

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

Validated Review

Verified Reviewer

Submitted May 2024

Acumatica is our accounting and finance center

Likeliness to Recommend

9 /10

What differentiates Acumatica Financial Management from other similar products?

Acumatica handles budgets, cost predictions, invoices, checks, and all other project accounting needs. To manage electronic invoice approvals, we use it in conjunction with Timberscan. When it comes to generating reports and connecting to Excel, we trust Velixo. We had to make some adjustments to the native functionality because it wasn't quite suitable for our purposes.

What is your favorite aspect of this product?

Thanks to Acumatica, we have been able to continue improving our products to meet customer needs faster and more efficiently. Because of this, our sales and customer service staff can tailor their approach to each customer's unique needs.

What do you dislike most about this product?

I think a drawback is the customization and data entry capabilities available on any screen. You may be able to view data in one location, but to make changes, you often need to open something deeper.

What recommendations would you give to someone considering this product?

Acumatica's modification method is more suitable for a real programmer than a point-and-click administrator. Because it is a dynamic product, updates are not always fully backward compatible, unlike systems like Salesforce.

Pros

Reliable
Efficient Service
Saves Time
Helps Innovate

Karla B.

Role: Human Resources
Industry: Technology
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted May 2024

Acumatica has been great for the sales process

Likeliness to Recommend

8 /10

What differentiates Acumatica Financial Management from other similar products?

Acumatica has greatly simplified our operations and replaced multiple different non-integrated platforms across our business.

What is your favorite aspect of this product?

The extensive product knowledge of Acumatica's implementation partners greatly facilitates a smooth implementation. Acumatica has an excellent support staff that listens to customers, implements their suggestions, and responds quickly.

What do you dislike most about this product?

You can't control the quality of your partner advisors' experiences without proper custom documentation while working in a SAAS environment, and the quality of your own implementation depends on theirs.

What recommendations would you give to someone considering this product?

With its many useful features and functionalities, Acumatica is a great option for small and medium-sized businesses.

Pros

Enables Productivity
Effective Service
Inspires Innovation
Caring

Acumatica Financial Management

What is Acumatica Financial Management?

Company Details

Book a Free Demo Today!

Acumatica Financial Management Ratings

82 Likeliness to Recommend

100 Plan to Renew

78 Satisfaction of Cost Relative to Value

Emotional Footprint Overview

+80 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

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

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

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

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

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

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

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

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

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

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

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

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.

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.

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.

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.

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

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.

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.

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.

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.

Acumatica Financial Management Reviews

Will P.

Easy to use! Customizations are complicated!

Likeliness to Recommend

Pros

Marc R.

Acumatica is our accounting and finance center

Likeliness to Recommend

Pros

Karla B.

Acumatica has been great for the sales process

Likeliness to Recommend

Pros

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Feature Ratings

General Ledger Chart of Accounts

Expense Management

Reconciliation

Dashboards, Analytics and Reporting

Accounts Payable Purchase Orders

Project Accounting

Accounts Receivable Invoicing

Integration APIs

Cost Revenue Tracking

Budgeting Forecasting

Cash Flow Management

Vendor Capability Ratings

Breadth of Features

Usability and Intuitiveness

Availability and Quality of Training

Vendor Support

Ease of Data Integration

Ease of IT Administration

Business Value Created

Product Strategy and Rate of Improvement

Quality of Features

Ease of Implementation

Ease of Customization