Advanced ERP Insights Blog
4 Tax Management Challenges and How Cloud ERP Solves Them
Tax management isn’t something that should only be a consideration at tax time. Rather, dealing with taxes is a vitally important foundation for a business’ overall financial management. Tax management and planning are critical for businesses to manage sales and...
16 Ways to Achieve Sustainable Business Growth in the Cloud
Acumatica's Cloud ERP solution empowers businesses and organizations that have outgrown entry-level accounting software. The solution helps boost revenue and cut operational expenses with high-quality sales leads, excellent customer support, and powerful business...
Acumatica 2021 R2: New Features and Enhancements
Acumatica maker of what is arguably the best cloud native Enterprise Resource Planning (ERP) platform now on the market, announced their second semi-annual update of the year, known as Acumatica 2021 R2. The release (the “R” in”R2) includes new features and...
How the Acumatica Cloud xRP Platform Delivers Value for Users and Developers
Acumatica, maker of the Acumatica cloud Enterprise Resource Planning (ERP) suite, also offers Acumatica xRP, which comprises a Platform-as-a-Service (PaaS). xRP enables developers and partners to create wholly new business applications on the Acumatica platform. The...
Four Simple Strategies for Better Inventory Management
Inventory management is a key success factor for manufacturers and distributors, or any other kind of business that maintains inventory. Inventory represents a significant investment, and without proper management, it can be a drain on company health. It’s cash...
The Benefits of Manufacturing Software in Make to Order and Make to Stock Operations
A full Enterprse Resource Planning (ERP) system may be too much software for managing day-to-day operations at a manufacturer that works on a Make to Order or Make to Stock basis. However, with competitive pressures and customer demands being what they are, tools that...
Deferred Revenue and How to Improve the Accounting Process
What happens when a customer pays your business for products or services that you have not yet delivered? If you’re accounting on an accrual basis, this money will fall into the category of “deferred revenue.” The money’s in the bank, but your business hasn’t...
7 Benefits of the Acumatica Cloud xRP Platform
The Acumatica Cloud xRP architectural framework and application development platform were developed to help developers create customized solutions when building business platforms. Users of Acumatica Cloud xRP are discovering the following 7 benefits: 1. Universal...
9 Ways You Can Drive Manufacturing Growth in the Digital Economy
Manufacturers face increased global competition today, along with challenges related to increased product complexity, logistics, offshore production and shorter product life cycles. They also have to adapt to new Industry 4.0 technology requirements in most aspects of...
5 Intercompany Accounting Challenges
Intercompany accounting (aka “interco”) is time-consuming, labor-intensive and difficult. The challenges inherent in accounting for multiple entities can even deter businesses from pursuing growth plans that involve mergers or diversification. However, the right...
Why Cash Management is Critical to Business Success and How to Improve It With Technology
Companies need effective cash management. This is not some aspirational vision. It’s a cold reality. Cash flow is the foundation of any business. (Try running a business without it.) A business needs to generate cash from activities to pay its expenses and have enough...
Top 6 Features Every Distributor Needs in ERP Software
A distribution ERP system needs to handle many different aspects of the business. It should provide peace of mind along with easy operation to make sure the business continues to run smoothly. When looking for a new ERP system to handle current needs and provide...