The future of ERP is here with the release of Acumatica 2022 R2. This newest version of the software offers significant advancements over its predecessor, making it an even more powerful tool for businesses of all sizes. In this blog, we’ll observe some of the highlights of Acumatica 2022 R2, including its exceptional usability, expanded global capabilities, and ability to target micro-vertical markets. Let’s take a closer look at each of these features.
Power Work Forward with Exceptional Usability
Acumatica Cloud ERP has a modern, award-winning user interface ranked as number one in usability by G2. The company designed the navigation and flexible workflows to simplify the learning curve for new users, regardless of their previous experience. It provides a user-friendly interface with three levels of personalization and a mobile app for flexibility. You can access your business data and apps in real time from any device, allowing you to work more efficiently.
Features:
- Automate mobile signature capture and integrate electronic signatures to sales orders, invoices, and receipts for rapid, efficient workflows. Acumatica automatically links electronic signatures to the correct sales orders and bills.
- It makes the most of a more dynamic mobile experience that reflects users’ Acumatica workspaces on their phones. It allows them to personalize those workspaces to their liking by hiding widgets, configuring screens, arranging objects, and so on.
- No need to open the help menu in a separate window or tab—get instant access to wiki help by hovering over intelligent tooltip fields
- Scale your business’ software integrations with Acumatica’s high-performing, contract-based REST APIs.
Transcend Geographical Obstacles
In the digital age, small to mid-sized businesses compete against larger firms with more money. To be successful, companies must take advantage of every chance they get to explore new geographical markets and groups. With this release, you can expand your business beyond any geographical boundaries by taking advantage of the localization, integration, and financial management features.
The advantages of Localization and Integration:
- With Acumatica’s streamlined payment processing, customers can pay you wherever and whenever they want – through POS terminals or the Acumatica Self-Service Portal on their mobile devices or PCs.
- Acumatica makes tax calculations painless and business operations global. It assigns new sales orders and invoices tax zones based on the customer’s country, state, and zip code.
Feature Benefits for Financials
- Use the versatile approval engine to create rules for approving entries and assigning approvers to automate the GL approval procedure.
- Streamline and simplify your collections process by sending customers individualized dunning letters with related attachments and fees; send these letters as needed, either one at a time or in groups.
- Acumatica helps you minimize time and costs by allowing your business to automatically import bank feeds, eliminating manual downloads and human error.
Feature Benefits for CRM
- Acumatica’s new copy/paste function and ability to edit opportunities and quotes in business accounts make data entry quicker and easier.
- By automatically linking opportunities to sales orders and quotes, Acumatica saves time by streamlining your salesforce—taking out the manual labor. This also increases transparency throughout your company.
- Increase efficiency and transparency – use pre-designed side panels that immediately show client data for any company account, opportunity, case, or contact.
Target Micro-Vertical Markets
Acumatica acknowledges that exceeding customer expectations requires more than simply meeting baseline requirements. The software provides tailored features and capabilities to address the specific needs of micro-verticals. So, Acumatica offer features tailored to specific micro-vertical markets, their requirements, and particular business processes. This allows you to target market segments more effectively.
Feature Benefits for Retailers, Distributors, and Commerce Merchants:
- Define cost centers in inventory—improve inbound, storage, and outbound material handling—to wring out inefficiencies and create profits and expansion.
- Convert non-stock items to stock items and vice versa to improve inventory management and warehouse operations.
- On the sales and marketing tab, stay updated with role-based dashboards for Sales Managers, Warehouse Managers, Purchasing Managers, Shipping Clerks, and Receiving Clerks.
- Improve customer service and reduce costs with one-stop parcel shipping decisions and input box dimensions embedded integrations.
- Integrating your offline sales with Shopify allows you to manage your omnichannel sales orders within one platform, making it easier to track repeat customers and activity.
Feature Benefits for Manufacturers:
- Create or modify multi-level bills of materials with drag-and-drop and copy-and-paste features from the interactive Engineering Workbench to shorten engineering cycles.
- Activities like clock-in and clock-out can help you to be more accurate when job cost data collection occurs on the shop floor.
- Save time by using side panels in your manufacturing process to give users direct access to data entry screens for production, bills of materials, items, inventory, projects, customers’ engineering, and orders—without leaving the current screen.
- Keep inventory levels in check by utilizing MRP to plan for orders entering and leaving different warehouses.
Feature Benefits for Contractors and Service Organizations:
- Save time when changing multiple construction projects by using unit rate changes, custom retainage, and cost-only change requests.
- Reduce costs and improve efficiency by scheduling service staff according to their abilities and the skills required for each service operation.
- You may simplify service expenditure entry with scanned receipt image recognition in the Acumatica mobile app.
- Enhance profit margin and percentage calculations using Acumatica’s sophisticated computational logic to calculate profit margin and percentage.
Bottom Line
The future of ERP is here with the release of Acumatica 2022 R2. This latest version provides users with powerful new features and capabilities designed to improve efficiency, transparency, and micro-vertical target market effectiveness.
To learn more about 2022 R2, contact us for a discussion or download our Acumatica Demo here.