Acumatica GL Anomaly Detection Function
Acumatica has many great features when it comes to using AI and Machine Learning. One of the features that was introduced in 2022 with updates in each new release of Acumatica is the GL Anomaly Detection Function. This function uses a machine learning algorithm to predict any errors in postings to the general ledger.
2023 R2 Increased Row-Level Security on Projects
In Acumatica 2023 R2, the row-level security functionality has been enhanced to include more features and functionality around projects and project visibility. Users with proper access will now be able to organize projects into specific groups to configure access in each group for users in that group.
Acumatica vs. Dynamics GP: Navigating the Future of ERP Solutions
In the world of Enterprise Resource Planning (ERP) solutions, businesses often find themselves at a crossroads when deciding which platform best suits their needs. Two names that frequently come up in these discussions are Acumatica and Dynamics GP (formerly known as Great Plains). Both have their strengths and weaknesses, but as time goes on, it becomes increasingly apparent that Dynamics GP may be a dying product. In this blog post, we’ll take a closer look at Acumatica and Dynamics GP, comparing their features and capabilities in today’s rapidly evolving ERP landscape.
2023 R2 Acumatica Payments Function
In the new release of Acumatica 2023 R2, Acumatica Payments has been introduced. This new function allows the most popular payment methods, including credit cards, EFTs, and payment links to be supported right in Acumatica.
Acumatica Opportunity to Loan Account Creation
AcuLoan for Acumatica refers to a loan management solution specifically designed to integrate with the Acumatica enterprise resource planning (ERP) system. Acumatica is a cloud-based ERP platform that provides businesses with comprehensive financial, operational, and customer management capabilities.
Aculoan integrates with Acumatica’s CRM systems for a fully integrated accounting and customer relationship management software solution. Acumatica’s CRM has robust capabilities for housing contacts, leads, opportunities and creating marketing campaigns and lists.
Creating a loan account from an opportunity is simple in Acumatica. The opportunity holds information such as business account, contact, and estimated close date for the opportunity. The opportunity can go through various stages and can eventually become a won opportunity. The below photo shows the activity screen of the opportunity which can be created for tasks, calls, emails, or notes. All activities related to the opportunity are stored here in the activity tab. Any user with access to the opportunity would be able to view these related activities.
Acumatica’s Security Features
A cloud ERP solution like Acumatica has many benefits and features that help increase the security of the solution. An ERP system safeguards businesses through effective cloud ERP security capabilities that don’t require expensive investments for buying new hardware or expanding security and IT teams. Extensive security allows companies to have peace of mind against threats of data breaches or attacks. Below are three ways Acumatica’s cloud ERP can help improve your business’s security.
Acumatica 2023 R2 Preview
As we approach the end of the year, a new release of Acumatica is ready. This is always an exciting time as we get to explore new and updated features of the product. 2023 R2 is set to have some great additions and updates to each of its industry editions and the product as a whole. The overall goal of this new release is “intuitive design, seamless execution.” […]
Acumatica’s Framework
Acumatica is a cloud-based enterprise resource planning (ERP) software platform that offers a comprehensive suite of business management applications. Acumatica’s framework refers to the underlying architecture and technology that powers the platform.
Types of Manufacturing Suited for Acumatica
Every manufacturer has a different way of creating its products. Acumatica’s Manufacturing Edition can support many different types of production methods. Below finds a list of the types of production methods that Acumatica supports.
Acumatica’s Manufacturing Module
The manufacturing module within Acumatica is designed to help organizations streamline and optimize their manufacturing processes. Many of the features needed to run a successful manufacturing company are all in one system with Acumatica. Here are some key features and functionalities often associated with Acumatica’s manufacturing module:
- Bill of Materials (BOM) Management: The module allows you to create and manage bills of materials, which are detailed lists of components, subassemblies, and raw materials required to produce a finished product. This helps in understanding the structure of products and their associated costs.
- Work Order Management: Acumatica’s manufacturing module typically includes tools for creating and managing work orders. Work orders define the tasks, processes, and resources required to manufacture a product. This can help in tracking the progress of production and managing resources efficiently.
- Production Scheduling: Manufacturing often involves complex scheduling to ensure that resources (such as equipment and labor) are allocated optimally. The module may include features for visual production scheduling, allowing you to plan and adjust production timelines.
- Material Requirements Planning (MRP): MRP functionality helps in determining the materials needed for production based on factors like demand, lead times, and inventory levels. This can assist in avoiding shortages or overstock situations.
If you are a manufacturing business looking to streamline your business processes, please reach out to Polaris Business Solutions. We would love to show you a demo of Acumatica. Email info@polaris-buisness.com for more information.