As Acumatica gets busy launching 2018 R2 across the country, here is a sneak peek into what this latest release has to offer to the customers. The focus in this release is on ‘customer satisfaction’, ‘usability’ and ‘compliance’.
Cross Industry Applications
Acumatica 2018 R2 upgrades include enhancements that apply to different industries; including Financial Management, Project Accounting Management, and Customer Relationship Management (CRM):
- Ability to manage books per company by assigning different financial periods.
- A new Tax Calculation Integration Plug-in that provides different sales tax calculation methods.
- More compliance functionalities for ASC 606: Revenue from Contracts with Customers.
- Integration of project labor cost accounting with Payroll.
- New project quotes that support more complex quote processes.
- Outlook integration to link email messages to corresponding system contact.
- New Acumatica Portal that can beset-up to display financial documents per branch.
- General Data Protection Regulation (GDPR) compliance tools for improved protection and handling of customer personal data.
Industry Specific Solutions
- Enhanced the discount functionality to save processing time in sales, accounting and order management.
- New types of landed cost document to simplify standard receipts.
- Improvement on Purchase Return process for better control of product returns and corresponding accounting transactions.
- Superior Shipping functionality for more accurate freight costs to shipments matching and reduced cost of operations.
- Advanced Planning and Scheduling (APS) for more consistent and cost-effective product delivery.
- Improved Cost Management tools to control the total manufacturing cost by balancing supply and demand.
- Enhanced Production Management to better capture the total manufacturing cost.
- New functionality for sales quote and service order creation.
- New inventory allocation and scheduling controls designed specifically for repair and maintenance companies.
- Updates on payment and tax calculation for faster on-field completion of transactions.
- Improvement on Acumatica Commerce Edition with more sales order processing workflows to support omni-channel sales and different transaction types.
- Enhancements on Request for Information (RFI) with Acumatica Construction Edition. It includes lifecycle management capability for requests and tracking, plus the ability to access emails and other notifications through different gadgets.
- Automatic compliance processing by linking payments with Lien Waiver.
Acumatica Cloud-based ERP Platform
One of the important Acumatica 2018 R2 improvements is found on the platform itself. It includes enhancements on mobile functionalities, featuring customizations, push notifications, and navigation links. The upgraded mobile platform also has a new Welcome Page and pop-up notes to help increase productivity when working with customers, vendors and transaction documents.
Another Acumatica ERP Platform improvement is the use of pivot tables with the Reporting processes for faster generic inquiries. There’s also a navigation improvement that let users add a side panel on the same window for viewing report details. Lastly, the Acumatica platform now allows you and your team to create multiple reports and merge them together before saving as a PDF or HTML file. This is very ideal for companies that create and distribute regular reporting packages to clients.
Accomplishments with Acumatica 2018 R2
All of these are proof that Acumatica has successfully created 2018 R2 improvements across the whole product line. These features were developed for the valued customers, so you will experience only the best with Acumatica ERP Software. However, as a company Acumatica was also able to solve compliance issues that are mandated by law, and are supported by the company completely. The new release has improved usability that streamlines operations along with enhanced customer satisfaction by responding to feedbacks given by customers and partners.