With limited expense to spend on enterprise management software, it comes as no surprise that small and mid-sized companies are likely to look for an innovative solution. The businesses often compare QuickBooks to full-fledged Enterprise Resource Planning (ERP) software. Growing companies that have been using QuickBooks might be familiar with its limitations and finding a full-scale solution. Selecting the right business management software is no easy task with plenty of functions, options, and offers available. QuickBooks is undoubtedly a good software for basic accounting at a comfortable price, but don’t simply choose software for its low price, select the one that adds value to your business. It is better to opt for a solution like Acumatica ERP to manage your business operations like manufacturing, distribution, and others besides financials. QuickBooks and Acumatica ERP are designed for different purposes, so it could be daunting to explain its real, side-by-side comparison. We did our best job to outline the difference between the two to help you understand why it is ideal to switch from QuickBooks to an ERP system. Here you go! The Significant Difference Between Acumatica ERP and QuickBooks Accounting Solution Vs Full-Scale ERP QuickBooks comes with basic accounting tools that allow you to handle accounting functions in a modernised version of spreadsheets. In the basic version, you don’t get functionality beyond accounting such as CRM, inventory management, payroll, or extensive support for industry-specific requirements. As a result, QuickBooks is an accounting solution, not a full ERP solution.On the other hand, Acumatica ERP is a full-scale and centralised solution that goes far beyond accounting and provides you with the robust tools to help manage all your business processes within all departments across the organisation. Specifically, when a business grows, it becomes essential to simplify data flow between departments and manage everything with a single source of the truth. Accessible through the Internet Vs True Cloud Solution ‘True Cloud’ means all the functionality is designed and can be accessed through the internet, with no additional software licensing. Though QuickBooks Enterprise is accessible through the internet, it is acknowledged that it isn’t a true cloud product.On the contrary, Acumatica ERP is a true cloud-based solution with best-in-class functionality and usability that you can access on any web-enabled device and internet connectivity, without any restrictions. Scalability QuickBooks may work well for accounting purposes in the beginning but it just limits to a maximum of 30 users. When your business starts to grow, you need to switch to a different business management solution. Although it supports multi-currency, it doesn’t support several companies, suppose we say, if you’ve less than 30 employees or if you need to operate multiple locations, QuickBooks won’t work best for your particular needs.Acumatica ERP supports both multi-currency and multi-location, with unlimited users. Despite paying for each user you add; you will be only charged for resources you have consumed. The user structure is something that sets Acumatica ERP apart from QuickBooks or other accounting solutions like Tally, MYOB, and SQL Accounting. Full Relational Database Export QuickBooks utilises a proprietary database and needs a third-party utility to access the underlying database. Many financial management solutions are designed with superior databases, including Microsoft SQL Server, Oracle, or SAP HANA. However, many users are inclined towards scalable ERP solution to manage all aspects of business operations. Choose a Solution Built for Long-Term Growth You might have understood by now that it is best to invest in a reliable solution like Acumatica ERP to boost your business growth without limitations. QuickBooks and other solutions may not satisfy your business needs as a whole, which may lead to high costs and incomplete tasks. QuickBooks is a basic accounting system which can be further upgraded to QuickBooks Enterprise for more functionality. However, even with additional features, it doesn’t measure up to the performance and integrated Acumatica ERP system. Its true cloud capabilities, scalability, and flexible licensing options stand out from the rest.
Choosing the right ERP solution for your business is a huge responsibility, after all, you will certainly live with your decision for many years so you can’t afford to go with the wrong choice. If you wish to implement modern Enterprise Resource Planning (ERP) software and started your research, you may come down to deciding between Acumatica ERP and Oracle NetSuite. But which you should choose? Let’s find out! There is no denying that both of these products are top leaders in the software market. Both are top-notch in customer satisfaction and functionality, each carries superior usability and deployment support that will sure to impress all industries and verticals. From a truly objective outlook, Acumatica ERP and Oracle NetSuite will both deliver you the following functionality: Offer cloud-based SaaS applications Integrates CRM, ERP, e-commerce, and Business Intelligence (BI) Supports several vertical industries, including manufacturing, distribution, and retail Suitable for financial and supply chain management Offers true mobility which means supports all devices with no additional apps Scale as your business grows Acumatica and NetSuite – The True Cloud LeadersWhen you look over Acumatica ERP and Oracle NetSuite, you will see two cloud leaders in the battle of enterprise management solutions. Both deliver a full suite of applications accessible through the internet using a standard browser without any extra software licensing and apps. Both have proved themselves as a true cloud solution with their scalability, ease of use, and configuration. These are designed to meet or exceed the requirements of SMEs and have been helping companies to take control over their daily operations, even in tough times. While these two software products seem quite similar to each other, even a minute difference can add up to the course of its efficacy and usefulness. A Major Difference between Acumatica ERP and Oracle NetSuite Relational Database ExportAcumatica ERP enables users to access the functional copy of the information at any time which ensures real-time coordination across all departments within the organisation. You can export the data into an organised database format, which preserves data in a presentable manner and allow users to clear queries at once. On the contrary, NetSuite doesn’t allow users to directly export the data, instead, they only get fractional data reports via CSV files. You can obtain a complete data report but you need to perform it through APIs which is quite challenging and time-consuming. Development OptionsAcumatica uses C# and .NET open-source programming language which is accessible and modified easily, making it an ideal option for a nurturing community. On the other hand, NetSuite uses SuiteScript programming language which is its proprietary and a closed system that needs specific knowledge to understand. With the absence of direct access to system, database, or source code, users cannot truly enjoy customisation options. While both of these software products are available in the cloud, Acumatica ERP supports on premises and hybrid deployments to keep the confidential data of users more secure. Upgrade on SchedulesIn order to support the required multi-tenant model, NetSuite limits the users when it comes to updating their software. Acumatica ERP allows users to upgrade the version/software at any time they want whereas Oracle NetSuite charges for the functionality. The Total Cost of Ownership (TCO)Both software products charge users by used computing resources, but NetSuite also charges per user. These expenses rise as your business expand, resulting in increased TCO over time. Licensing OptionsEvery business is different and so do its requirements. Both of these products are available through flexible subscription licensing, however, Acumatica also provides lasting licensing. Ready to Implement the Scalable Acumatica ERP Solution?Conclusively, Acumatica ERP was designed to be accessible through both cloud and on premises right from the start to deliver a modern and flexible platform to SMEs. We, being a Gold Certified Acumatica Partner in Singapore and Malaysia, we will help you implement the Acumatica ERP software that never compromises on technology, usability, and overall performance. Make sure to take some time and schedule a demonstration of Acumatica ERP with our experts to see its world-class functionality in action. If you have any further queries regarding incorporating the ERP solution into your business, talk to our professional team today.
Since small and medium-sized enterprises are consistently adopting numerous ERP systems to maintain continuity and resilience, it is essential to implement the right solution to sustain for the long run. When you narrow down ERP software products, you will certainly come across two common enterprise management solutions i.e. Acumatica ERP and Sage X3, but do you know which one suits you perfectly? Sage product line is basically built on old client-server technology while Acumatica ERP was designed to be accessible through cloud technology right from the beginning. This means you will enjoy additional features and functionality with a scalable Acumatica ERP solution than Sage. However, there are some similarities between Sage and Acumatica software products, here are the following details: Great support for multiple industries or verticals Reliable third-party software extension (ISVs) Strong financial management support Ideal for supply chain and production management Complete relational database export Allow customisation using industry-standard tools What You Should Know About Sage X3?Sage X3 is a financial management software intended to serve small & medium businesses, involves distinct functionality for demand planning, flexible prices, inventory management, and sales orders. It has developed its product line continuously to meet industry expectations and provide best-in-class functionality. However, it isn’t a true SaaS application and requires more manual accounting procedures that often leave teams unsupported and unsatisfied. What You Should Know About Acumatica ERP? Acumatica ERP is a complete, multi-site ERP system that is built on cloud technology and grows with your business to fulfil the needs of today and tomorrow. It gives intuitive support for all operational and financial operations, including production, distribution, sales, accounting, and budgeting. It brings a developed community to the front through its extensive marketplace, where you can find industry-specific solutions designed to expand functionality. Significant Difference Between Acumatica ERP and Sage X3 True Cloud The true cloud refers to the functionalities accessible through the internet using a standard browser without any software installation on users’ mechanism and additional software licensing.The majority of Sage products have been built on older software technology for on-premises deployments and further retrofitted for the cloud. These products line unable to meet an optimum level of speed, functionality, and ease of use offered by a real cloud platform. On the contrary, Acumatica ERP is designed with the power of cloud, scalability, and cohesiveness that can equally run on on-premises or in the cloud computing platform. Full Function ERP As we said, the Sage product line was developed on older client-server technology which means not all products give full functionality when deployed in the cloud from on premise counterparts. On the other hand, Acumatica ERP is a centralised and fully integrated system that can grow with your business effectively both in the cloud or on premises. The Total Cost of Ownership (TCO) With Acumatica ERP, you will be charged for computing resources used whereas Sage charges per user. These costs will gradually increase as your business scale. Mobility The whole suite of Acumatica ERP can be accessed on any device of your choice. It can resize and adjust to any screen size, irrespective of the device you are using. Every screen carries the same information and flow, whether it’s a tablet, PC, or mobile phone. On the other side, Sage products offer browser access on several devices, but web pages do not resize automatically. Multiple Deployment Options Both of these products support deployment in the cloud, on premises, or a hybrid. But keep in mind that Sage products aren’t true cloud which may adversely affect overall speed and functionality. Thinking of Switching to Acumatica ERP? Let’s Get Started! Being a Gold Certified Acumatica Partner in Malaysia and Singapore, we at Netsense is providing an advanced Acumatica cloud ERP system to support all levels of companies throughout the journey of achieving digital transformation goals. We believe Acumatica offers the best value in terms of functionality, performance, and ease of use. We understand implementing an ERP system is a huge commitment as it will affect your company for many years. This is why our experts will listen to your queries and help you select the right ERP solution that fits your business needs now and in the future. Get in touch with us today!
Globalisation has led to tremendous advancement in technologies that small and medium-sized enterprises (SMEs) need to harness to grow or even survive. To become a leader in the digital economy, small businesses should incline towards a system that seamlessly integrates processes across the company to overcome the complexities and focus on core objectives. SMEs can consider investing in Enterprise Resource Planning (ERP) system to use built-in analytics and best-in-class functionalities for different business operations, such as production, financials, inventory management, procurement, supply chain management, and customer service. While companies have handled processes with manual efforts, spreadsheets, and off-the-shelf software, running a business in the digital era without ERP solution will leave you with frustrated teams and inefficiencies. Why Small Businesses Need ERP Software? If your organisation is working without a cloud ERP solution, here are some questions to ask yourself: Are your business processes in control? Is your current solution centralised and complete? Are all the departments within your organisation well supported? Can your current system help achieve your realistic goals? If the answer is no, then it’s high time to move to the Acumatica ERP system to keep your business relevant and productive in an ever-changing market. It has the potential to integrate accurate and timely information among multiple areas that offer better data evaluation support and simplify the decision-making process. It can be utilised in all departments, including accounting, CRM, HR, project management, and more – all the processes are interconnected using a single, secured database. How ERP System Can Benefit Small Businesses? No matter how big or small your business is, the advent of cloud computing has really made a significant difference in the capabilities of ERP. Below we have outlined some benefits of ERP for SMEs: Increase Teams’ Scalability and Flexibility There is no denying that team members are a powerful asset to your organisation. Scaling could be difficult, especially when you deal with a large number of the workforce within your company. ERP can help teams to collaboratively work together to achieve a common goal in the most productive manner. Through real-time insights, teams can stay informed and make quick decisions while focusing on customer relations. Automation Mitigates Repetitive Manual Task Automating processes ranging from the accounting department to CRM and payroll can help businesses save a lot of time and energy. All of these can be performed automatically using the high-tech features that will reduce labour costs and manpower in the long run. Combine and Store Records of Documents Centrally You no longer need to exhaust with unorganised documents. After using the ERP system, you don’t need to bear such problems ever again, a centralised database helping users to manage everything. You can store data in the cloud and maintain them in an easy to interpret format, securely from a single place.At the same time, the information is readily available, whenever required. Since updates can take place in real-time, companies can improve efficiency and reduce the overall time needed to finish a task. Choose Acumatica ERP System to Transform all Facets of Your Business Thanks to the cloud and mobile technology available in the market today, Acumatica ERP continues to change its rules of business and helping all levels of businesses to thrive in a competitive environment. Here are some signs why you need an all-in-one ERP system: Your organisation is struggling with productivity and spending a lot of time in manual transactions. There is a communication gap between different departments due to the inaccessibility of information. There is an absolute need for keeping a central record of customer relations. There is no automatic report generation tool available and you need to do everything manually. Well, this list will just go on. By now, you might have understood that ERP can greatly benefit small businesses with superior usability and world-class features. At Netsense, we believe Acumatica ERP is one such well-designed solution that has the power to streamline processes and accelerate business growth. If you’re looking to enhance your teams’ performance, gain control and insights, reduce overall costs, and stand out from the rest, implementing our Acumatica ERP solution could be a viable option. To acquire an ERP solution that grows with your business, we invite you to schedule a demonstration with our experts to see its industry-specific capabilities, integrated business intelligence, and other best practices in action. Let us help you implement smart and automation technologies to break new ground, contact us today!
With consumers’ increased demand for a high level of visibility into product status throughout the transaction, companies couldn’t overlook a suitable data collection technology to determine what’s in stock, what’s being produced, what they need to re-consider. They can no longer rely on manual efforts or scattered spreadsheets to gain visibility into business insights, otherwise, it will lead to more labour costs, project delays, excess inventory, and human errors. No matter whether you’re a manufacturer, distributor, or property manager, you have to see what’s happening within your organisation to make a good shot at effectiveness and profitability. Despite knowing the value of real-time information, many SMEs still unsure what they need or where to begin. With advances in cloud and computing power in Enterprise Resource Planning (ERP) system, companies can increase visibility in all departments to track performance and results of specific processes and goals. How Lack of Visibility Can Hurt Your Business? The recent Zebra Technologies study reveals that almost 40% of companies are still not using mobile computers or mobile barcode scanners. Without real-time barcode scanning and data accumulation, managing inventory could be a challenging task, which may lead to mistakes and have a negative impact across the entire business. Therefore, you shouldn’t stack applications on to accounting systems and then export data into several spreadsheets to figure out what’s happening. Here are some problems that can be caused due to lack of visibility: Data entry errors – Manual data transactions often lead to errors, which further creates inventory inaccuracies and shipment errors that can be tricky to detect. Unnecessary labour costs – Without barcode scanners, you need to invest a lot of time typing data into computers and inspection is necessary to fulfil the order. Excess inventory – Inaccuracy of inventory data can lead to unnecessary purchases and high inventory expenses, which can cut into profitability. Delay in decision making – Without useful insights, you cannot keep your teams informed and updates, which holds users back from making smart and more informed decisions. How does Cloud ERP System Help Companies Improve Visibility? With a cloud-based ERP solution, you will receive a tool that enables you to build knowledge and vision directly within a single database, eliminating the strain of synchronising disparate systems and information. The integrated data provides you with real-time visibility, making sure that you are focused on making the right decisions in the right area. Supply Chain Management and Inventory Tracking The ERP system gives you real-time visibility into several warehouses and entities – all the information available at your fingertips. This way, you will gain a clear picture of where everything is, what’s in transit, and which products are stored on trucks, and other key pieces of information. Fulfilment and Warehouse The ERP solution allows users to see the entire supply chain, right from the acquisition of products to customer delivery to help understand actual and projected sales. With accurate and timely information, you can streamline, automate, and meet your customer relationship goals more effectively. You can anticipate challenges and overcome them early to exceed your future needs. HR and Payroll When you have two functions integrated into a single software, HR and payroll processes can run automatically which reduces the risk of errors or keep it to a minimum. A manager will simply receive a time-off request that can be immediately processed through the system and sent to the key employees. CRM Functionality The integrated ERP with efficient CRM can help strengthen business processes like sales, returns, payments, billing, and budget. It not only streamlines workflows but also improves customer relationships. Reporting Every organisation works on a variety of reports that should be generated and shared on a consistent basis. Instead of struggling with thousands of spreadsheets, using an ERP solution can help to generate reports in a clear and comprehensive format. How Netsense Can Help to Transform your Business Processes? At Netsense, we never take our clients’ needs for granted and are consistently working to deliver best-in-class features and functionality in our ERP solutions. We deliver a scalable Acumatica ERP system with a number of product suites like project accounting, smarter integration, cloud-based, and mobile resource management tools that bring changes in real-time. This way, you can effectively manage complex projects, enhance reporting, and exchange data in real-time across all departments within the organisation. If you have any queries about the Acumatica ERP solution, you can connect with our experts and also request a demonstration to attain a clear understanding. We assure you, it will be a time worth investing.
To thrive in a competitive and complex business environment, companies and leaders need to put a technologically advanced system in place that allows them to streamline, automate, and scale. From minute details to major change, one mistake could cut down the profits, strain customer and partner relationships, and ruin your company’s reputation. With every cloud ERP vendor attracting buyers’ attention by promising the best solution, it can be daunting to select the suitable one. Suppose, when something is broken or damaged, you turn to the repairing expert likewise, you should look for the experts that offer best-in-class features and functionality in one solution. That’s why, many users support the appeal of industry-specific ERP, providing necessary modules for a company’s specific industry that reduces time, cost, and risk. Why Industry-Specific ERP Solution Matters? Selecting and implementing cloud ERP software is a crucial and long-term decision. It takes a significant amount of time and effort to pick amongst a plethora of choices available in the market. It is always ideal to rely on a solution that serves your industry in the best possible manner while having the flexibility you need as your business grows. Industry-specific ERP is tailored to meet or exceed the needs of a particular industry. Just as you count on a highly trained mechanic to modify your car, you can simply use a full-fledged solution to run business processes smoothly, including distribution, field service, production, commerce, and construction. A cloud-based industry-specific ERP system is built with the exact features and capabilities you need to achieve success in your niche market. Which is Better – Industry-Specific ERP or Generic ERP? Industry-specific ERP solutions generally have better applicable functionality as they are built around definite needs with a clear understanding of industry processes. If we talk about ‘one-size-fits-all,’ Generic ERP comes first into the mind, offering resources for product development which may or may not fit perfectly for industry-specific users. In addition, it requires some sort of customisation, add-ons, and enhancements to meet the precise business needs to gain a competitive edge. Well, these customisations can be an expensive and time-consuming affair, as well as it barely does the job and adapts to the environment when processes or technologies evolve. This is why the Acumatica ERP system offers the best of both the worlds that can serve industry-specific or generic functionality depending on business needs with core features and user-friendly cloud technology. By fully embracing the flexibility of the ERP system, you don’t need to choose between industry-specific and generic functionality. Acumatica ERP being the cloud-based system, offers industry editions to fulfil industry-specific standards and support powerful practices without compromising on mobility, integrations, and data transparency. Why Choosing from Acumatica Industry-Specific Edition is a Viable Option? Is your existing generic ERP solution couldn’t connect well with financials? Do you need a reliable platform to create new product landing pages? You can solve such issues by moving to the Acumatica ERP system that is tailored to meet or exceed to fit your best interest with a deep understanding of ins and outs of your industry. At Netsense, we offer Acumatica ERP Industry Editions, including Distribution, Manufacturing, Field Service, Construction, Retail and E-commerce, and more to eliminate the burden of keeping up with industry standards and regulations. We continue to bring user-friendly ERP solution to offer superior usability, smart industry-specific solutions, and advanced business capabilities that enhance efficiency and profitability. Whether you’re planning to outgrow your current software or looking for something more suitable for your business processes and needs, we ensure to provide you with genuine advice to ease your ERP implementation journey. We invite you to see a demonstration of our ERP solution to learn more about its functionality and modules. Are you ready to take the next step? Contact us today to reach ultimate success!
Property managers, property developers or real estate owners, be it commercial or residential faces several challenges in fabricating materials, managing complex projects, and keeping the workforce on the same page. The construction industry is booming significantly and one contributing element is indeed cloud-based technology. While the construction & Property development industry seems fast to use advances in processes, some professionals are slow to integrate scalable technology into their applications. Just as a second story can’t be incorporated in the property unless the foundation is strong enough to support the weigh and access, similarly, you cannot expect unique functionality in standalone systems. As the majority of ERP vendors entering the cloud ERP market, Acumatica ERP made a successful move to cloud property management software to help construction & property developers firms gain competitive advantage. The core of the Acumatica ERP is based on several modules like finance and accounting, which property managers and teams can operate with a single dashboard to view and edit accounting reports, CRM, work order management, and much more. Ready to learn more? Let’s dive in! How Property Management Solution Tackles Challenges of Property developers ? Construction companies & Developers are typically stuck in manual-intensive reporting, scattered spreadsheets, and data silos. But thankfully, all such tedious tasks are gradually falling behind with modern and scalable ERP solutions. Acumatica cloud-based property management solution is built to help property managers improve operational efficiency and overall bottom line. Acumatica & Infosoft (Acumatica ISV Partner) has made the solution more technologically advanced and fast-forward with world-class functionality and support. Netsense has partnered with Infosoft to implement Module “RED” (Real Estate Dimension) in Malaysia and Singapore. Here’s how cloud-based ERP can help real estate organisations overcome challenges: Work order management is enhanced through automation capabilities such as eDocument creation for leases and contracts. Manage Sales Booking and Loan process for new property bookings Manage Discounts and vacancy rates Being built on cloud technology means all relevant information is stored in the cloud that users can access and gain useful insights from anywhere at any time. A cloud-based ERP system offers flexible billing options which prove to be very useful if you deal with a variety of packages for multiple tenants. It has made customer service and support much easier with separate web portals for vendors, leaseholders, and partners. Lease renewal and vacancy ratio challenges become a lot simpler as vacancy management combined with renewals. How the Acumatica ERP System is at the forefront of Technological Advancement? Users can trace the proven success of Acumatica from the development of the xRP platform, the fundamental technology that powers cloud-based ERP software. Infosoft introduced a new module “RED” built within Acumatica for Property Developers. “Customers who want to stay competitive need flexible, responsive technology to execute their long-term business strategies. Our ACA label is built to help customers find applications capable of delivering that,” says Vice President of Partner Solutions at Acumatica. Back then, the usage of computers in real estate workflows was virtually non-existent. Since then, the technology has significantly evolved and throughout this revolutionary wave, Acumatica ERP solution continues to grow in three key areas i.e. project management software, cloud ERP and managed IT services. Key Features of Property Management Solution Flexible tenant billing options Highly diversified collection management Tracking and traffic analysis Lease renewal and vacancy management reporting Work orders management Automated workflows and recoveries Utility billing Tenant service billing User-defined and programmed lease abstracts Property and tenant timely reminders Seamless integration with industry-leading financial modelling software And many more How Netsense can Help Streamline Processes of Real Estate Organisations? At Netsense, we are a trusted leader in this niche and has been bringing the highest quality Acumatica ERP solution for both commercial and residential real estate owners, operators, managers. We are offering a fully integrated, future-centric, and customer-focused system to help our clients keep up with current trends and gain a competitive edge over others. Our ERP solutions are filled with optimum capabilities, ideal for leasing, vacancy management, contracts, amenities, property features, and much more. Through this, property managers can streamline and automate their workflows, offering them more time and flexibility to add value to their business to flourish today and in the future. For more clarity about our Acumatica ERP solution for real estate organisations, you can schedule a demonstration with our experts and see the advanced system in action. For further queries and assistance, call us today!
There is no denying that the construction industry can face reduced productivity due to lack of collaboration, inefficient project planning and estimation, resistance to digitalisation, lack of transparency, and time overruns. With global competition and increasing administrative needs, contractors are pushing themselves to incorporate advanced business solutions to simplify complex projects and see a clear picture of future growth. Using technology to synchronise and monitor business processes is nothing new in construction companies. Here’s the good news, now Acumatica 2020 R2 is available, allowing contractors, land developers, and builders to set up for success with superior, simplified user experience. It aims to provide users with a modern, updated design with best-in-class functionality that saves time and ensures the entire construction project cycle runs smoothly and efficiently. How Acumatica Construction Edition 2020 R2 is Suitable for Construction Companies? The final goal of any construction company is to meet or exceed the clients’ expectations while generating maximum revenue to make a great shot at success. Acumatica Construction Edition is built on three pillars of true cloud, high value, and real-time, increasing productivity and helping companies to work smarter, not harder. Acumatica ERP system is designed on the cloud which allows users to obtain seamless integration with every suite, including financial management, CRM, inventory management, production, and field service management. With real-time visibility into insights, all the departments always stay informed, updated, and ready to implement an innovative strategy. Here are some enhancements you will find in Acumatica Construction Edition 2020 R2: New Pro Forma Correction Workflow Companies don’t need to rely on manual efforts anymore. You can simply improve billing cycle efficiency without AR invoices or manual reversing before billing. You can use multiple methods to correct pro forma and receivable invoices, including entering a credit on the next invoice, revise the previous billing without removing the AR invoice, or adjust retainage using credit memos. Enhanced AIA Process Past versions may have integrated customisations or user-defined areas to put up different situations, resulting in additional procedures and delayed billing cycles. The new enhancements in Acumatica 2020 R2 will streamline cash flow with automated capabilities and workflows, such as retainage pro forma for AIA printing, historical change order and billing values, and AIA application number. Procore Integration Office personnel and project managers within the construction field will now enjoy even more mobility in the management of operations than ever before. With an enhanced integration system, you can easily delete or inactivate records and create single-directional or two-directional imports and manage updates on several entities under any scenario. The project Preferences option gives project managers a chance to decide which project-related entities to sync like cost codes, project tasks, budget, etc. When the initial configuration is finished, you can automate processes to keep stakeholders, vendors, and customers informed. It includes several features such as procore monthly sandbox connectivity for testing purposes, synchronisation logs, linking and unlinking records, both manual and automated synchronisation, and bi-directional data flow options. Benefits of Acumatica Construction Edition 2020 R2 A Single Source of Truth Despite spending a fortune on several back-office applications and systems and then investing time in making decisions, you can rely on an all-in-one ERP solution to do the entire job. All your data is stored in the cloud, which means you can use a complete system to access business data, import spreadsheets, and integrate it with accounting, CRM, project management, and more. Comprehensive Project Management Acumatica Construction Edition uses mobile and cloud technology to simplify collaboration, accumulate project requirements and status, solve issues, and stay on the top of every detail, such as budgets, labour costs, materials, and more. Real-Time Information and Flexibility You can access all the information in real-time, from anywhere at any time. Moreover, you can check reports like project and purchase orders, from any browser-enabled device, each offers the same features and functionality. At Netsense, we are offering an advanced and scalable Acumatica ERP system for the construction industry to allow businesses to achieve success using integrated and automated mobile and cloud technology. The number of companies has implemented our full-fledged ERP solutions to manage project orders, inventory, budget, change orders, and everything else. If you’re looking for modern cloud ERP software to streamline your business operations, we can help you get started. Have any further requests or query regarding ERP solution, or would like to see a demonstration? If yes, please contact our experts now!
Since the e-commerce market has been flourishing significantly, more and more businesses are making a shift from brick-and-mortar stores to online stores to embrace consumers’ shopping experience. Now more than ever, consumers are inclined towards convenience and purchase products online, thus, having a fully integrated solution is extremely important to manage unpredictable demands, offerings, and online presence to thrive in a bustling environment. Establishing an online platform is good, but if you aren’t equipped with an advanced and scalable enterprise management solution, you are likely to miss out on a number of opportunities. Take a moment to think about the last time you dealt with manual, repetitive tasks. With the universality of technology in the digital economy, it already appears that you don’t need to manage tasks in the same, old manner, and implementing Acumatica ERP Commerce Edition is a way out. Why Choose Acumatica Commerce Edition? Acumatica Commerce Edition is a centralised, cloud-based, and result-driven ERP solution involving best-in-class features and performance capabilities, ideal for both B2B and B2C players. With tight integration to CRM, financials, warehouse, inventory, and distribution, you can enjoy real-time visibility and control over order requests and fulfilment. Basically, you can integrate any industry-specific tools with Acumatica Cloud ERP to accelerate your business growth to its full potential. It gives the ability to handle all operations from order management to inventory, picking, packaging, shipping, returns, accounting, and customer support – everything from a single dashboard, enabling continuity and resilience for small and mid-sized enterprises. How Acumatica ERP System is Beneficial for Your E-Commerce Business? Provide an Omnichannel Experience You can streamline the creation of items with various attributes, including material, size, and colour. Since Acumatica Commerce Edition can help you monitor business operations like shipping, warehousing, etc., you can overcome obstacles and continue to thrive even under challenging circumstances. Gain a Single Version of Truth It can centralise your processing for all sales channels via single-stream fulfilment for the counter, online, and telemarketing sales. You can easily connect your BigCommerce, Magento, or Shopify storefront with Acumatica ERP’s flexible back-office system to manage all tasks from a single database, from anywhere at any time. Streamline Order Processing and Fulfilment With automation capabilities, you can print barcode labels and scan the goods when placed in a box and approve shipment procedures which reduces shipping and packaging errors. You can even combine it with ship stations for better efficiency. Gain Comprehensive Business Insight Whether your customers place orders for products over the phone, purchase in-store via POS, or place an order via the web store, all purchase activities are accumulated in a single dashboard. With a 360-degree view of customer purchases and activities, you can mitigate stock-outs and back orders. Powerful Applications of Acumatica Commerce Edition 1. Advanced Inventory Management It gives real-time access to inventory availability, reorder quantities and costs which efficiently handle your distribution process and improve customer satisfaction. 2. Warehouse Management System (WMS) It streamlines the inventory receiving, management, and order fulfilment which means enhanced warehousing operations. You can use mobile phones and tablets for barcode scanning to ensure accurate part selection. 3. Advanced Financials Acumatica cloud ERP comes with various financial capabilities that allow you to manage General Ledger (GL), sub-accounts, accounts receivable, accounts payable, payroll, consolidation, and automatic revenue recognition. 4. Order Management It can help to handle sales activities, simplify procurement processes, and automate order fulfilment for external as well as internal customers. The regular reports and data analysis can help to stay up to date with the latest trends easily and in real-time. How Netsense Can Help Improve Your Business Functionality? You might have understood by now that how effective is ERP integration to streamline execution and promote business expansion. Netsense, being a Gold-Certified Acumatica Partner in Malaysia and Singapore can help you to implement the suitable Acumatica ERP system that fits your industry needs and elevate your business to a great extent. Our advanced Acumatica ERP software gets you back in the game with optimised inventory management, data-driven customer service, centralised customer payments, and streamlined order fulfilment. This way, you can manage all your tasks and generate custom reports and invoices, whenever you need them or simply automate the process for more convenience. As everything is stored in the cloud, there is no chance for crossed wires, mix up, or data loss. To learn more about our ERP solutions and see superior usability of Acumatica ERP into play, schedule a demonstration with us today.
The path of business success is packed with plenty of rewards and potential pitfalls. According to the Oxford Economics survey, 64% of Small and Medium Enterprises (SMEs) are leveraging technology to outperform their peers, everything from mobile-friendly software to cloud computing. This means, if you don’t take the necessary steps to stay ahead of the competition, you will lose a big piece of cake. It is challenging to find a way to attain actionable insights and beat your competitors. In order to add value to your business, you can implement an advanced Enterprise Resource Planning (ERP) system to manage and automate a variety of operations across all departments with more accuracy and real-time updates. Let’s take a closer look at what ERP system exactly is and how it can help small businesses to grow to understand whether or not it is a valuable investment. What is ERP Software?Enterprise Resource Planning (ERP) system is designed across a single, well-defined data structure that can help organisations to manage day-to-day operations such as accounting, inventory management, production, project management, risk management, and supply chain workflows. It is a full-fledged software that can help to forecast, plan, budget, and report on a company’s financial results. You can integrate it with a spectrum of business processes and enable the flow of information between them. It accumulates transactional data from various sources, which eradicates data duplication and ensures data integrity with a single source of truth. How ERP System Ensures Better Performance and Results?The ERP system is equipped with manufacturing and planning modules that offer optimum support to a range of operations from start to finish. SMEs generally experience funding restrictions and lack of technical support, but honestly, these reasons were valid back then, but not any longer. Thanks to the latest technological advancements, there are many practical solutions available more than ever. Here are some advantages of implementing an ERP system: Simplify Workflow and VisibilityManaging multiple worksites took a lot of effort and time. Moreover, if there was an issue with one of the contractors, it was so frustrating to make endless calls and site visits. Luckily, the ERP system can transform workflow visibility. Users can simply operate a common database from ERP to get regular real-time updates about production, distribution, and sales. Business Intelligence and Data AnalyticsERP system uses Business Intelligence (BI) tools to offer data collection, analytics, and reporting sources. Users can also evaluate data in real-time and use historical data to make necessary changes to the production runs easily. Scheduling SolutionsWhen workers are assigned tasks in shifts, or when inventory is ready to be delivered and when your warehouses undergo maintenance, scheduling tools in ERP software could be very helpful. It allows effective collaboration among the workforce so that all the members and supply chain partners can stay on the same page. Quick Decision MakingIf you want to keep up with competitors and satisfy more and more customers, you cannot make delays in your deliveries. Fast decision-making is a paramount factor and that’s where ERP system comes into play. With real-time information, decreased errors, and streamlined operations, decisions can be made quickly without any disruptions and obstacles. Risk Management and Data SecurityPreventing your private information from fraudulent practices could be a big challenge. ERP comes with real-time risk management tools that perform automated audits and monitors frauds for additional data security. A single ERP system keeps all your crucial documentation and interactions in one place. Take Advantage of ERP Capabilities Now!As a multitude of enterprise data and workflows are integrated into Enterprise Resource Planning (ERP) system, SMEs can align separate departments smoothly, resulting in substantial bottom-line savings and improved business insights. With ERP delivered as a standalone or integrated solution in the cloud, your business will be future-ready and overtake change. If you’re having a hard time managing your business processes and would like to know more about ERP software, get in touch with our experts today. We’d love to point you in the right direction.