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Acumatica Case Studies and existing customer success stories

Acumatica Cloud Financial Management Software

Why choose a Cloud Financial Management system?

Acumatica is a cloud-based financial management suite that simple enough for small shops and comprehensive enough for complex multi-nationals. The financial management system provides your business with a full suite of accounting functions for you to keep track of your day-to-day financial operations and generate quarterly and annual financial statements.

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  • General Ledger. The General Ledger (GL) is the primary accounting record for a business. It tracks all financial transactions and is used to generate the company’s financial statements, including the Income Statement and Balance Sheet. The GL summarizes the organization’s various financial accounts and transactions, such as accounts receivableaccounts payablefixed assets, and inventory.
  • Accounts Receivable. Accounts receivable software helps you track all the money your company is owed but has not collected yet. This includes invoices you’ve sent for products or services you’ve already delivered.
  • Accounts Payable. Accounts payable software helps you track and pay all the money your company owes other companies. Your company purchases products and services. Are you taking advantage of discounts by paying on time or even earlier? Accounts payable solutions help you meet your obligations.
  • Cash Management System. A cash management system is essential to business health because cash is the lifeblood of any company. If your business lacks a positive cash flow, you’re on the road to failure. Cash management software helps you manage your cash flow using commonly accepted techniques.
  • Fixed Asset Management. Maintain complete visibility of fixed assets and depreciation calculations. Add fixed assets directly from AP purchases, import from a file, or add individually.
  • Currency Management. Currency management isn’t just about automating calculations as you work in different currencies around the world. It’s also about minimizing your growing midmarket company’s financial risk when currency values change dramatically. With Acumatica, you can easily track your gains and losses and take steps to protect your financial health.
  • Tax Accounting. The right tax accounting software will let you configure tax rates, perform tax accounting, and generate tax reports all in one place. It will also integrate with your financial management modules to let you calculate taxes correctly in every transaction. Find out how better accounting software can save you time and money.
  • Deferred Revenue Accounting. Improve control and accounting for revenue recognition in future periods.
  • Intercompany Accounting. Intercompany accounting is a crucial process for any company that has at least one subsidiary. It involves removing from the financial books any transactions that occurred between the company’s entities. This intercompany reconciliation greatly reduces the chance of inaccuracies in the company’s financial statements.
  • Recurring Revenue Management. Easily handle recurring billing and maximize revenue opportunities through improved cash flow, billing accuracy, and superior customer service.

The Benefits of using the Acumatica Cloud Financial Management System

Streamline Operations

Close your books faster with Acumatica’s time-saving automation and workflow. Efficiently handle month-end activities with fewer errors.

Manage Multiple Entities

Use Acumatica’s financial management systems to integrate financials across multiple business entities, including automated reporting, consolidation, payments, and cash management. Supports independent balance sheet and separate tax reporting.

Single Version of The Truth

Gain accurate, real-time visibility into business activities and performance with financial reports and personalized dashboards that access the shared, centralized database (single version of the truth).

Work Locally and Internationally

Reach international markets effectively with cloud multi-currency, multi-language, and multi-company capabilities. Acumatica finance management software also offers localized functionality.

With an effective financial management system, you can track financial data and maintain accurate financial information to support your financial planning. An integrated solution brings together all your business operations and business functions, as well as financial systems, into one central interface. Let us guide you in choosing the ideal Financial Management System that fits your unique business requirements.

Try a Financial Management System that has all the modern features you need to remain competitive

Acumatica Cloud FM Suite

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