We look forward to Acumatica’s Fall Launch every year, because we know it brings a host of new features that we (and our clients) will love. This year is no exception. Acumatica 2023 R2 does not disappoint! This update brings a plethora of enhancements, inspired by user-feedback, aimed at tackling real-world business challenges through advanced cloud ERP solutions.
Unveiling Acumatica 2023 R2: A Sneak Peek
The beta version of Acumatica 2023 R2 hit the market in August, providing customers a glimpse of the new features and encouraging user feedback. On October 5th, 2023, Acumatica unveiled the final version of Acumatica 2023 R2, offering valuable insights to customers, prospects, and businesses looking to upgrade their ERP software.
Acumatica’s Business Management Solution
Acumatica offers a comprehensive business management solution, empowering organizations to centralize their technology and equipping them with the intelligence and agility to meet their unique challenges. Its robust financial suite is designed for larger companies with complex requirements, yet remains user-friendly for smaller organizations.
10 Key Features of Acumatica 2023 R2:
- Work-on-the-Go: Acumatica 2023 R2 makes mobile work easier and more productive through dynamically visible containers that display only the relevant tabs on the mobile device.
- Customizable Workflow: Drive productivity by tailoring the workflow to the order type. You can create a custom workflow for a new order type.
- Streamlined Bank Reconciliation: Efficiently manage bank reconciliation and credit card receipts by automatically mapping bank fields to fields in Acumatica.
- Enhanced Cash Flow: Streamline the payment process with Acumatica’s robust and integrated payment processing system that enables secure credit card and ACH payments.
- Compliance: Simplify compliance in the US with state configuration for 1099 reporting improvements.
- Improved Profitability: Improve profitability with capabilities that enable reviewing estimated margin percent and amount calculations during order creation for an entire order and individual line items.
- Streamlined Stock Allocation: Streamline mass stock allocation and deallocation for orders with the new Manage Sales Allocations screen. Automate the allocation process and apply manual overrides to change or refine suggestions.
- Margin Protection: Protect margins with features that optionally exclude automatic line discounts, such as volume discounts from order lines for a particular price, such as promotional pricing.
- Amazon Connector: Add the world’s largest sales channel with the Amazon connector that connects Acumatica to Amazon’s Seller Central marketplace, supporting FBA (Fulfilled by Amazon) and MFN (Merchant-Fulfilled Network) delivery models.
- Shopify Integration: Open new markets and accelerate sales to business customers with Shopify’s new B2B eCommerce platform by seamlessly integrating online sales with Acumatica’s back-end fulfillment processes.
Intuitive Design, Seamless Execution
The innovative, intuitive, and personalized feature updates in Acumatica 2023 R2 enhance the award-winning usability and functionality of Acumatica’s cloud ERP software. Acumatica’s product development team is guided by input from customers and a mandate from Chief Product Officer Ali Jani to develop features that deliver “seamless execution.”
Acumatica’s success is validated by reviews from real users. In G2’s Summer 2023 reports, Acumatica was ranked #1 in key categories like Best Relationship (Project-Based ERP), Easiest to Use (Small-Business Distribution ERP), and Momentum Leader Badge (ERP Systems). Additionally, Acumatica secured the top spot in Nucleus Research’s SMB ERP Technology Value Matrix 2023 report. See all the awards, recognitions, & reviews here.
Acumatica 2023 R2: Raising the Bar for Cloud ERP Solutions
Acumatica 2023 R2 builds on the award-winning foundation of Acumatica’s cloud ERP software by delivering hundreds of improvements that encourage users to reimagine their businesses with intelligent technology, drive growth with best-in-class applications, and outperform in their markets with tailored industry capabilities.
Cutting-Edge Enhancements in Acumatica 2023 R2
- Manage Sales Allocations Screen: This feature offers increased visibility into the sales order process with automated allocation processes and the ability to manually override suggestions.
- Expanded Amazon Integration: Acumatica’s Amazon integration now supports merchants who sell in Canada and provides an application on Amazon Seller Central that helps customers easily connect Acumatica and Amazon.
- Seamless Integration with Shopify: Acumatica now supports Shopify’s new B2B eCommerce platform, seamlessly integrating online sales with Acumatica’s back-end fulfillment processes.
- Web Endpoints for Product Configurator: Manufacturers can now leverage best-in-class third party build-to-order solutions through new web endpoints for Acumatica’s Product Configurator.
- Improved Project Visibility: Construction companies can now review outstanding AP aging documents and their unreleased retainage for a particular date, enabling users to apply a single customer payment to multiple retainage invoices.
In addition to these enhancements, Acumatica 2023 R2 introduces Acumatica Payments, now available to all US and Canadian customers.
Acumatica Payments: A Game-Changer
Acumatica Payments is an integrated payment processing solution developed and supported by Acumatica for its community of partners and customers. It is included in the Always Current Program, ensuring customers get the latest features and fixes, predictable maintenance times, streamlined support, lower upgrade costs, and more.
Key Features of Acumatica Payments
- Gift Cards: Improve loyalty programs and gain repeat customers by offering gift cards.
- Click to Pay: Provide customer self-service with integrated portal.
- Mobile Payments: Easily collect payments using the Acumatica app on mobile phones.
- Integrated Commerce: Reduce costs by eliminating duplicate payment entries.
- Secure Recurring Payments: Securely manage card details for recurring payments.
- Automated Processes: Automate end-of-day deposits, fees, and reconciliation processes.
- Integrated Card Readers: Save on merchant fees with integrated card readers.
- Accept Foreign Currency: Accept cards issued by banks in other currencies.
Acumatica 2023 R2 is designed to take Acumatica customers and their businesses to the next level. It offers secure, easy payment options through Acumatica Payments, making it a win-win for everyone.
To learn more about Acumatica 2023 R2 and Acumatica Payments, contact us today. We’d be happy to help you evaluate your ERP needs and help determine the best solution for your organization.
By CAL Business Solutions, Connecticut Microsoft Dynamics GP / 365 BC & Acumatica Partner, www.calszone.com