Acumatica R2 Overview On-Demand Launch Event

On Wednesday, September 16th, Acumatica’s announced 2020 R2 which is the latest full-featured version of our award-winning cloud ERP product. The event occurred from the beautiful Museum of Flight in Seattle Washington which is the home to so many of the innovations that changed how the world flies today. 2020 R2 introduces significant new advances across the Acumatica Cloud xRP Platform. This includes superior streamlined user experience and fresh, modern design combined with new functionality to empower Acumatica users to deliver their best results by working smarter, not harder. The incorporation of Artificial Intelligence and Machine Learning features assist further in making this goal a reality, reducing the chance for human error by removing the drudgery of repetitive manual tasks. http:https://netsensebs.com/wp-content/uploads/2020/09/Acuamtica-Usability.mp4 ACUMATICA 2020 R2 WILL LAUNCH TOMORROW! In this release, Acumatica delivers several new features which improve upon its best-in-class functionality and utilize AI/ML so you can do your best work. In addition, the program eliminates system silos by bringing manufacturing, construction, and commerce features into a unified core. Read on to see what’s coming and what you can expect to see LIVE from the Acumatica 2020 R2 at the launch on Sept. 16!  Register Here     Acumatica 2020 R2 Feature Preview   The Acumatica experience enables your organization to adapt and tailor this new solution to meet your unique business needs. With 2020 R2, you can save both time and money by automatically creating AP documents from vendor bills. Up to 500 recently viewed records are instantly available.   Financial management is the core priority of an ERP system, and Acumatica continues to innovate in this area by enabling cross-company sales opportunities, streamlining bank reconciliation, and providing centralized account management.  2020 R2 delivers a robust integration to Shopify. The integration is built using the new commerce engine, which makes it even easier to connect to leading eCommerce applications.   Built on a modular and adaptable platform, Acumatica is designed for the way businesses operate today and in the future. Its flexible architecture allows for low-code or no-code customization and sophisticated capabilities such as data visualization, artificial intelligence (AI), and machine learning (ML). 2020 R2 continues to harness AI and ML to create AP documents automatically, delivering an advanced workflow engine that enables customers to modify workflows visually.   New Features and Improvements   TECHNOLOGY Visual state automation engine Workflow engine enhancements and build out API enhancements and automated inquiry mapping Unified notifications using business events Advanced UDF visibility and enablement OData v4 – LINQ-based access to data objects In cell error reporting for data imports Mobile dialog box support – phase 1   USABILITY & REPORTING Generic inquiry table join suggestions and previews Recently viewed records list Dashboard auto-refresh Recently viewed records     FINANCIALS Automated AP document creation Cross company sales Centralized account visibility Credit memo retainage and automation Bank reconciliation improvements   CRM Improved account / contact relationship  Pin important activities Automated address enrichment using Google or Bing Bank reconciliation Address lookup and enrichment       INVENTORY AND ORDER MANAGEMENT Payment processing improvements Restrict shipping of unpaid orders Validate bills against purchase orders   New workflow engine for sales orders and shipments   MANUFACTURING AND SERVICE Manufacturing delivered in Acumatica core Quality management module (m) Pause and resume appointments Multi-day appointments Create PO from appointments Cost tracking enhancements for appointments   Multi-Day Service Appointments       PAYROLL, PROJECT, AND CONSTRUCTION Team time entry Paid time off enhancements Pro-forma workflow enhancements   AIA process and form improvements Procore integration schedules and new bi-directional sync   COMMERCE Commerce delivered in core product Shopify connector Drop ship buyer notification enhancements Multi-box shipments Commerce in Core with Shopify   We’re thrilled with the list of enhancements to the already powerful Acumatica core ERP and can’t wait to see them LIVE at the 2020 R2 Launch event this Wednesday!

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CENSOF COMPLETES ACQUISITION OF 51% STAKE IN ERP SOFTWARE PROVIDER, NETSENSE BUSINESS SOLUTIONS

Kuala Lumpur, 3 January 2020 – Censof Holdings Berhad (“Censof”) has completed the acquisition and subscription of a 51% stake in enterprise resource planning (“ERP”) software provider, Netsense Business Solutions Sdn Bhd and Netsense Business Solutions Pte Ltd (“Netsense Group”) for approximately RM 0.64 million. With offices in Singapore, Kuala Lumpur and Jakarta, Netsense Group offers a wide array of business solutions ranging from Acumatica Cloud ERP Software, Accounting Software, CRM, HR Solutions, Payroll, Project Management, Business Intelligence Tools, Customised Dashboards, Mobile Apps and e-Commerce Solutions. Censof is an OEM partnership with Acumatica Inc., a leading innovator in cloud ERP that enables technology partners like Censof to customize its applications to suit the needs of end-users Censof Group Managing Director, Encik Ameer bin Shaik Mydin said, “Having built a strong market presence in providing financial management solutions to the public and private sector, we have in recent years expanded our service offerings to include other functions such as human resource management, customer relationship management, e-commerce and many others.” Censof as a group is an established market leader in the SME industry. This acquisition will only strengthen the presence and complement our position in the SME industry. “By acquiring Netsense, a company with an existing portfolio of SME clients who are using the Acumatica ERP application, this will fast track our expansion into the private sector. We look forward to this venture with Netsense Group and incorporate our other technologies within the Group to deliver innovative solutions that support the business growth of SMEs,” he added. With the rapid advancement of technology, the SMEs’ requirement for increasing automation and productivity in their business is evolving day by day. This need will serve as an opportunity in creating demand for an industry specific EPR solution. Netsense Chief Executive Director, Abdul Rehman Khalid said, “A partnership with Censof came at the right time, as we have planned our next major leap into the implementation of industry specific solutions for SMEs such as the Acumatica Field Service edition, Construction edition and Manufacturing edition.” “To add on, we have also made arrangement for payment plans such as monthly payments, so that our SME clients can adopt these systems without affecting their cashflow.” The equity stakes in the two newly acquired companies, Netsense Business Solutions Sdn Bhd and Netsense Business Solutions Pte Ltd will be held by Censof Holdings Berhad, and not Century Software (M) Sdn Bhd as previously announced in May 2019. Netsense Group currently supports around 90 reputable clients across more than 15 industry verticals. The industries served are retail, distribution, trading, professional services, logistic, F&B, manufacturing, pharmaceutical, construction and supply chain management, amongst others.

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Meeting with YB Gobind Singh & MDEC

Presenting our road map for Digital transformation in SME’s to Member of Parliament and Former Minister of Communications and Multimedia Malaysia. Lawatan daripada Century Software (CENSOF), sebuah syarikat teknologi tempatan yang juga merupakan peserta program GAIN.Inisiatif GAIN yang diterajui Malaysian Digital Economy Corporation (MDEC) adalah satu daripada program yang dilaksanakan oleh Kerajaan untuk membantu firma-firma teknologi Malaysia untuk berkembang, baik di peringkat serantau mahupun di peringkat global.

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Gold Partner – Acumatica

Why Work With Acumatica Gold Partner Acumatica sells exclusively through their network of channel partners like Netsense. These partners exist to help customers ensure they are a great fit for the product, are purchasing the modules they need, are being sized appropriately, and that their unique Acumatica implementation is a great fit for their business. Our job as an Acumatica partner is to ensure you, the business, has success using the product and benefit from true integration of your entire business. We do this by getting to know your company deeply, understanding the various processes of your team, and leveraging our experience from past Acumatica implementations.   Business Process We will analyze your current processes – what is done in Acumatica and other systems and design a workflow.  Acumatica Implementation Based on the scope of your project, we will jointly develop an implementation plan for you.  CFO Analysis Get valuable insight into your company’s business processes and financial performance from an experienced CFO.  Data Conversion We will convert your existing accounting data to Acumatica from other systems & databases.  Support & Training Technical support, troubleshooting, and instructor-led end user training available remotely or on-site.  Enterprise Services Large multi-site ERP environments, eCommerce, manufacturing processes, inventory management and more.  Data Review & Clean Up Review & clean up your chart of accounts, lists, items, accounts receivable, templates, inventory & more.  Inventory Complete inventory set up, clean up, adjustments, entering or importing products, & entering bills.  Apps and Add-Ons Extend Acumatica with product add-ons for CRM, Field Service Management, Inventory, Time Tracking & more.  Custom Reports Make more informed business decisions with key Acumatica reports, graphs and dashboards.  ERP System Design Every client is unique. Let us design an ERP system with workflows that make sense for your specific environment.  ERP System Re-Design We can help re-design your ERP system so that it is optimized and fits your current business processes.

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