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Acumatica

Acumatica Financial Management

Composite Score

7.7 /10

CX Score

7.9 /10

27 Reviews Write a Review

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.

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

Shaun R.

Role: Sales Marketing
Industry: Media
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Jan 2024

A powerful ERP system in the cloud

Likeliness to Recommend

8 /10

What differentiates Acumatica Financial Management from other similar products?

For our company, the flexibility to access Acumatica from any location was the most important feature. We launched the service at the end of March 2019, right in the middle of the pandemic. Thanks to Acumatica, we were able to seamlessly transition our office workforce to remote work, something that was previously impossible with our previous system.

What is your favorite aspect of this product?

Due to its incredible adaptability, Acumatica is the most pleasant program to use. Our team can easily adjust the system to suit our work practices, which is a big win. Specifically, I have no problems navigating the system and finding the information I need by searching through the data.

What do you dislike most about this product?

I can't find many things I don't enjoy. I could find fault with some small details, but that would be unfair to the platform as a whole. Having the option to create a production order directly from the page to replenish inventory would be the improvement I would most like to see implemented.

What recommendations would you give to someone considering this product?

With Acumatica's comprehensive business management solution, small and medium-sized businesses can access real-time finances, reports, CRM, and more, allowing them to thrive in the new digital economy. A wide variety of industries, including wholesale, retail, construction, manufacturing and general companies, can use Acumatica's modular foundation.

Pros

Performance Enhancing
Efficient Service
Saves Time
Transparent

Alexis W.

Role: Finance
Industry: Gaming and Hospitality
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Jan 2023

Exceptional and excellent tool for accounting.

Likeliness to Recommend

10 /10

What differentiates Acumatica Financial Management from other similar products?

Acumatica is a very effective and advanced application for accounting and financial management. It helps me to manage our business expenditures with ease and safely. I like the fact that since we started using it, we have been able to eliminate human errors during accounting. It is super easy to use and it provides very strong security for our sensitive data.

What is your favorite aspect of this product?

I like Acumatica since it makes accounting processes easier and smooth. It is the best ERP cloud based accounting tool that does not demand any training to use. It supports powerful and excellent features which makes accounting processes easier and smooth. It is easy and fast to implement and set up Acumatica.

What do you dislike most about this product?

Acumatica is a brilliant and super amazing cloud-based ERP tool that makes accounting processes easier. Nothing clicks in my mind that I don't like about it.

What recommendations would you give to someone considering this product?

I love everything about Acumatica and I highly recommend it.

Pros

Helps Innovate
Reliable
Enables Productivity
Unique Features

Kuria G.

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

Validated Review

Verified Reviewer

Submitted Mar 2022

Best Industry Accounting Features

Likeliness to Recommend

9 /10

What differentiates Acumatica Financial Management from other similar products?

With Acumatica Financial Accounting, it's easy for the business to track daily financial operations and general reports whenever need be for example, annual and quarterly reports.

What is your favorite aspect of this product?

I like that Acumatica Financial Accounting offers amazing features such as budgeting, reporting, analysis, and financial planning. The software makes it easy to keep a record of daily financials of the business. The software is cost effective.

What do you dislike most about this product?

My only problem with Acumatica Financial Accounting is that it's not easy to use.

What recommendations would you give to someone considering this product?

For business accounting, Acumatica Financial Accounting comes with great features such as budgeting, planning, analysis, reporting, and much more. I recommend it because it's as well cost effective.

Pros

Continually Improving Product
Reliable
Enables Productivity
Trustworthy

How We Deliver

Acumatica Financial Management

What is Acumatica Financial Management?

Company Details

Need Assistance?

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

Shaun R.

A powerful ERP system in the cloud

Likeliness to Recommend

Pros

Alexis W.

Exceptional and excellent tool for accounting.

Likeliness to Recommend

Pros

Kuria G.

Best Industry Accounting Features

Likeliness to Recommend

Pros

Most Popular Acumatica Financial Management Comparisons

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Title

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