Announcing Acumatica Cloud ERP 2019 R2

Acumatica Cloud ERP 2019 R2 Feature Review

Acumatica 2019 R2 Overview

Acumatica, the world’s fastest-growing cloud ERP company, today announced the Acumatica 2019 R2 release, coming fast on the heels of its acquisition by EQT Partners and a new global alliance with IFS AB. Significant advances have been made across the Acumatica Cloud xRP Platform, further improvements added to Acumatica’s award-winning business functionality, and new capabilities built into the specialized Acumatica Industry Editions. Acumatica 2019 R2 contains more than 100 improvements, enhancements, and new features, many of which were community suggestions on the Acumatica Feedback Site subsequently vetted and selected through Focus Groups.

“Acumatica has always been laser-focused on product excellence,” said Jon Roskill, CEO of Acumatica. “The new and practical innovations in Acumatica 2019 R2 make Acumatica even easier to use and customize, and really enhance our unique cross-functional workflows, which allow a user to move from CRM to Construction to Manufacturing to Distribution screens seamlessly in real-time, resulting in improved accuracy and productivity.”

Usability advances include new mobile-enabled user-defined fields, conditional formatting, and advanced workflow engine with global messaging capabilities. A new Pivot Table Widget for Dashboards allows users to take actions based on summary information. Enhanced Power BI and Tableau capabilities are joined by Google G-suite integration to enhance user productivity with third-party tools. Predefined User Roles and new data migration templates accelerate implementation and reduce time to value for new customers. Mobile expense management enhancements include the addition of Corporate credit card used by multiple resources with automated reconciliation.

The new features and enhancements address three specific areas:

1. Platform
2. Usability
3. Financial Management
4. Project Accounting
5. Inventory and Order Management
6. Construction
7. Field Service
8. Manufacturing

Platform:

Pivot Table Dashboard Widget – Pivot tables are tremendous time savers by letting users quickly summarize large amounts of data into useful reports. Now pivot tables can be displayed on Acumatica dashboards using the Pivot Table Widget. Learn more
Worldwide SMS Support allows users to receive mobile text notifications (SMS) of business events without requiring the Acumatica mobile app be installed on the recipient’s device. View demo
Contract-Based APIs enhancements where developers can retrieve multiple kinds of detail lines in one request
HubSpot integration provides real-time sync

Usability:

Predefined User Roles for Financial Users allow quick set up of financial users to access the system functions they need by using predefined roles designed for specific financial positions. See the demo
Mobile Devices have user-defined field enhancements
Conditional Formatting for dashboard table widgets provides the option of specifying the style of rows or columns, including the use of formulas
Simplified Company/ Branch selector increases productivity by selecting a branch in one click
File Management Enhancement allows sorting and filtering attachments in any table or entity
Expense report receipts are autogenerated from images

Financial Management:

Application of Payments to Particular Lines of Accounts Payable Documents – allows users to assign partial payment to an entire AP document or to individual document lines in various proportions. The system also supports tracking retainage by document (if included)
Approval of AR Invoices, Credit Memos, and Debit Memos – For companies requiring approval for certain AR situations, in addition to AR documents, users can also approve invoices, credit memos, and debit memos. Learn more
Accrual of the Costs of Non-Stock Items supports posting of revenue and expenses to non-stock items to calculate their approximate net income
Corporate Credit Card support and reconciliation has been added to the applications

Project Accounting:

Budget Control on Document Entry warns users when a document such as an AP bill that exceeds the budget is saved
Detail Level of the Project Budget options include task, task, and item, and task and cost code with the ability to update at both the summary and detailed levels
Two-Tier Change Management supports grouping multiple change requests with markups into a single change order for approval
Project Budget Forecasts by period allows comparisons of actual project costs and incomes with the forecasted, original, and revised budget amounts for each financial period

Inventory and Order Management:

Changing the Vendor in Purchase Orders enables buyers to review item prices from multiple vendors and select the vendor for a purchase order. See how it works
Enhanced Linking of Direct Sales Order Invoices processes sales order and return lines with external point-of-sales (POS) systems
Validation of Customer Orders on Sales Orders automatically checks for unique customer order numbers and manages duplicates
Prepayment enhancements add one or more prepayment requests to purchase orders, as well as allowing purchase orders to be added to prepayment documents. See how it works
Warehouse Management System (WMS) added advanced picking and bulk processing
International Shipping Options with “ShipEngine” integration like current UPS/FedEx/Stamps support. View the demo

Construction:

Daily Field Reporting features make sure everyone is looking at the same information in a timely manner
Detailed Retainage Tracking allows users to track retainage at the line level on AR Invoices
Change Requests feature reduces profit fade by proactively managing owner change requests
Enhanced Lien Waiver Capabilities assist in avoiding accidentally paying a vendor
Project Budget Forecast Report shows at-a-glance forecasted revenue and costs by month
Project Cost Transaction History Report confirms billings vs. costs
Customer and Vendor Transaction History Reports better manage cash flow
Note the construction features will be available on September 30th.

Field Service:

Service Orders may be automatically defined by a user or appointment type, and they can be copied once or on multiple occasions with new dates and times
Project Accounting integration supports creating service contracts, project schedules and tasks with default cost codes by service order type
Manual Discounts may be applied to service orders and appointments by amount, percent, or as a discount to stock and non-stock products
Calendar Enhancements for simplified appointment creation. See it in action
Mapping Enhancements for locations and routes

Manufacturing:

Engineering Change Control (ECC) streamlines multiple change requests by optionally grouping them for the approval process, as well as displaying them in bill-of-material comparisons
Material Requirements Planning (MRP) has improved forecasting and exception handling, as well as regeneration options for non-stock items
Outside Processing of manufacturing operations by suppliers has better workflow options from scheduling through purchasing

And much more…

For more information, check out Acumatica 2019 R1 full details.

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