by Jen Smith | Jan 29, 2023
Collaborate – share new ideas, past successes, and business best practices
Innovate – learn about exciting new high-productivity features, industry-leading mobile apps, multi-cloud integrations, and more
Accelerate – increase your knowledge, your effectiveness, and your business growth
Grow your knowledge of Acumatica’s cloud ERP software. As Todd Wells, Chief Marketing Officer, Acumatica, says, the Summit is our “seminal event” that provides “motivating keynote presentations, engaging networking opportunities, and a broad array of informative sessions, including product news, demos, and roadmaps.” The annual Summit also affords you an opportunity to establish personal and professional relationships with your peers and other community members.
Date: January 29 to February 3, 2023
Location: Wynn Las Vegas
- Discounted pricing ends December 2nd
Register for Summit
by gfcpartners | Dec 21, 2022 | Business
If we’ve learned anything over the past few years, it’s to never know what to expect. The almost overnight redesign of our world from the pandemic, stressed the need for businesses to be quick and flexible. Now, business leaders everywhere are faced with many issues to keep their businesses competitive and growing.
- Fast-changing customer demands
- Inventory surplus of deficit
- A fast pace of keeping up with competitors
- Expanding products and markets
Anything is possible and you have to quickly adjust.
What technologies do you use to keep your business future-proofed? What does that really mean and how can you take advantage of the benefits too?
The main goal of any company is financial stability. Creating a multifaceted future-proofing strategy will increase your chances as your business works to establish the foundation for ongoing success. By doing so, you’ll be able to tackle problems in the future from various perspectives and have the highest chance of succeeding.
Many businesses also implement cutting-edge structural elements and procedures, such as a modern ERP solution to run their business on. You have a better chance of succeeding if you have protocols ready to address different scenarios and spend money on formal evaluations of your processes as your business prepares for the future to understand your strengths and limitations. By investing in a true ERP solution, like Acumatica, you can strengthen your processes, automate procedures, and then focus on your weaker areas.
It’s all about how Acumatica listens to you and how quickly they respond. They really do want to hear from users to understand our business processes so they can incorporate new features and enhancements to make things even easier. It’s just amazing!
Kelly Burns, ERP Developer & former Chief Operating Officer , M3 Technology Group
When discussing future-proofing ideas, keep these 5 things in mind.
1. Comprehensive features
Top ERP solutions provide all-encompassing answers to your business problems. From planning, budgeting, purchasing, to financial operations, you have all the information you need in a structure that will meet every demand. Don’t outgrow your new ERP solution. Make sure it meets your evolving needs without expensive upgrade, fees, and integrations.
2. Structural changes
Future-proof your business by making sure you don’t create huge IT projects if your company undergoes structural changes. For example, you may decide it’s better to run your warehouse as a separate corporate entity, or that the branch office in another state should be a wholly owned LLC. Acumatica offers flexible, multi-entity accounting functions that make structural changes simple.
Alternatively, internal organizational changes are common, but without the right tools, they can be disruptive. A full ERP solution can ease the transition and help automate things like, approvals over expenditures, contracts, and so forth. With Acumatica, you can modify user roles to reflect reporting relationships and approval authorities.
3. Evolving processes
Businesses are constantly improving and changing their processes. Whether to adjust to economic impacts or internal variables, but this should not trigger a major software update. Choosing a modern ERP solution, gives you the ability to modify automated workflows—including being able to integrate with separate systems. Using standards-based APIs, you can connect to external partners easily.
4. Reporting is the key to success
Choosing an ERP solution to provide you endless, flexible analytics seems like a no-brainer. But the problem is, you probably have no idea what you will need in the future. Many systems have key reporting tools and visual dashboards, but you want to invest in a product that is putting development into this area as well. This way you are assured that you can make and remake your reports and dashboards as they change over time.
5. Changes in IT
Legacy ERP systems are notorious for creating obsolete software/hardware environments. Even when the core functionality is still relevant to the business, the underlying infrastructure can become slow and costly to maintain. It can be very expensive to upgrade. Acumatica solves this problem by being cloud-based and cloud-native. You never have to worry about outgrowing your systems. It scales elastically on demand.
The future may be hard to predict, but Galeforce Consulting Partners can help future-proof your business, starting with an ERP solution. With Acumatica, the cloud ERP, upcoming changes are easy to handle and ensure a smooth transition to unknown future states. Contact us to discuss your business needs.
Download our free whitepaper on how to deliver lasting value through the right ERP solution.
by Jen Smith | Nov 29, 2022
Sales, marketing, and support teams are often left digging for information making them inefficient. The delays and misinformation resulting from these time-wasting digs equal lost sales.
Look at how an integrated CRM solution can increase revenue and lead to better customer satisfaction. With instant access to all customer information, including notes, everyone can identify the appropriate services and steps for each situation.
See Acumatica in action – join us for this 30 minutes demo.
Date: Tuesday, November 29, 2022
Time: 1:00 – 1:45 PM EST
by gfcpartners | Nov 14, 2022 | Business, Construction, Project Accounting
Acumatica, the cloud ERP solution helps to keep projects on track and drive business growth. Not only is Acumatica a powerful business platform but they are committed to consistent user enhancements and improvements with each version. The two releases in 2022 did not disappoint. We’ve gathered our favorites all in one place below.
“Acumatica Construction Edition had everything we were looking for. We are different from a regular construction contractor and liked that we could add our own specialty fields and customize it to the way we do business.”
Sean Barnett, Chief Financial Officer, Spohn Associates
Acumatica 2022 R1
Support of Multiple Base Currencies in Projects – Acumatica’s powerful multiple base currencies feature is now compatible with projects. Businesses with different base currencies can be configured withing the same tenant and the system verifies that the base currency specified in the project documents corresponds to the base currency of the branch.
Enhancements in Tracking Changes to Commitments – now users can track changes to project commitments that have been created based on purchase orders for the project drop-ship orders.
Project Quote Improvements – enhancements have been made to the quoting process making it faster and easier for users to create project quotes for multiple customers related to the same opportunity. You can now change the business account, location, and contact in any project quote in draft status.
Additionally, you can link the project quotes to the same opportunity as shown here.
Progress Billing Based on Quantity – Acumatica added in some needed billing flexibility for projects. In Acumatica 2022 R1, invoices can now be prepared based on pending quantities from budget lines rather than only the billed amount.
Project-Specific Taxes – calculating taxes for project sites just became a lot easier. Many times, the tax zone of the vendor or customer differs from the project site location. Now, Acumatica can be configured to use project-specific tax zones for calculating taxes and defining the ship-to addresses for projects.
Acumatica 2022 R2
Tracking Project Progress by Unit – Acumatica 2022 R2 now includes a new form, Progress Worksheet, for employees on a site to capture project activities by units and track the installation or project progress. Additionally, if specified, users can add cost budget lines. This information satisfies needed quantity billing and carries over into recalculations of the project budgets and shows on the daily field reports.
Enhancements in Change Management – Acumatica has simplified the workflow when change requests are rejected or need to be revised and resubmitted by adding the ability to cancel a change order but keeping the full history. For example, if we did not get paid for something, we can go in and cancel the change order and any change requests tide to it will get updated and removed from that change order when we release it. We keep the history of the change request but can now revise and resubmit the change order and can always go back and look at the full audit trail of a change order.
Mobile App Improvements – much needed project features are now accessible via the mobile app giving project managers and field workers the information and flexibility they need. Now included, users can view, create, and update drawing logs and submittals on their mobile device. Additionally, in a managed release version, you can also annotate blueprints.
Integrations for Construction Financial Management Association – Acumatica 2022 R2 now includes automation for submitting information to the CFMA bench marker. Not only can you easily submit data, but Acumatica has a pre-built dashboard with the results of the annual surveys so you can compare how you are doing to your peers.
If you’re a construction or project-related business and need a full-feature ERP solution, or you’re thinking about upgrading your Acumatica ERP solution, now is the time. Talk to our experts about your options. Let’s grow your business!
by Jen Smith | Oct 26, 2022
Learn how to leverage your existing ERP solution to gain insights from the data you already have, and drive better decision-making. Many of our clients felt like advanced analytics, progressive business intelligence, and machine learning were out of their reach. Let us show you how achievable it can be.
By attending this webinar, you will learn how advanced analytics can help you:
- Empower users and owners with insight
- Improve demand forecast accuracy by 20-30% and reduce working capital
- Use price forecasting analytics to reduce commodity procurement spend by 3-5%
- Employ asset monitoring and predictive maintenance to improve asset uptime and maximize plant throughput
Date: Wednesday, October 26, 2022
Time: 12:00 – 1:00 PM EST
Watch the Recording