ABOUT ACUMATICA
Acumatica Cloud ERP is a comprehensive business management solution
that was born in the cloud and built for more connected, collaborative ways
of working. Designed explicitly to enable small and mid-market companies
to thrive in today’s digital economy, Acumatica’s flexible solution, customer-
friendly business practices, and industry-specific functionality help growing
businesses adapt to fast-moving markets and take control of their future.
For more information on Acumatica, visit www.acumatica.com or follow us
on LinkedIn.
Version 20240229 © 2024 Acumatica
100153
Financial Management
Robust financials are simple enough for smaller contractors, yet
scalable for more complex needs. Acumatica Financial
Management has standard financial processes (GL/AP/AR) and
reports. Multi-company, multicurrency, intercompany accounting,
fixed assets, recurring and deferred revenue, and cash
management are also available.
Job Cost Accounting
Easily manage AP workflows, from entering an invoice through
approval routing and checks. Seamless customer billing, driven
by real-time project costing, includes up-to-date labor, material,
equipment, and other costs. Identify problem areas in current
jobs and improve future project estimates.
Project Management
Gain a complete view of project details—including real-time field
updates—providing instantaneous information between your
project management team, back-office workforce, and
management. Easily manage and track all activities, issues, and
changes, including daily field reports, actual costs, and cost
projections from one central area.
Payroll
Flexible payroll solution supports multiple unions, locals, classes,
benefits packages, complex wages, certified wages, executive
compensation, and commission structures.
Commitments
Control cost overruns by automating project commitments and
change order processes. Automatically calculate budgeted
quantity against projected costs. Create and track subcontract
status, purchase orders, budget comparisons, line-item
committed costs, and payments.
Compliance
Effectively manage lien waivers and releases, insurance
certificates, and status updates, providing expirations and other
alerts to staff and suppliers. Automatically create compliance
documents.
Progress Billing
Flexible progress billing by percentage of completion or by
quantity, like linear or square footage, reduces project owner risk
while allowing customers to meet their unique business needs.
Project Cost and Revenue Tax Zones
Simplify tax calculations for a project – tax zones are specified
directly in the project and automatically retrieved and calculated
for all invoices, purchase orders, subcontracts, and expenses.
Customer Relationship Management
Easily see real-time data on all customer activities, including
quotes, orders, invoices, payments, support cases, and service
calls. Acumatica CRM also includes a self-service portal that lets
customers access the information they need.
Mobile App
Get anytime, anywhere access. Quickly see critical reports on
phones and tablets and give field teams and subcontractors tools
to electronically enter employee time and equipment details.
Access the complete system over any device and search for all
project details from one global search box.
Side Panels
Use side panels for a quick and comprehensive view of key
project data without navigating out of the current window. Easily
drill down into relevant details on any record selected with
standard prebuilt side panels or build custom side panels for
different uses and roles.
Advanced Material Management
Streamline the management of project materials, including
receipts and process returns for purchased materials. Create
purchase orders to ship materials directly to project locations,
creating an efficient workflow for job site deliveries.
Change Management
Control cost overruns by automating project commitments and
change order processes. Manage back charges or reduction in
vendor commitments through the entry of a negative change
order. Drop-ship workflows connected to change orders for
improved business workflows. Streamline change orders for
multiple construction projects with unit rate changes, custom
retainage, and cost-only change requests.
Field Reports
Ensure everyone has the same information, from subcontractor
updates, job site visitors, issue and change tracking, photo logs,
and job site weather reports. Collaborate with project managers
from the field with mobile entry of units installed or used during
project tasks for improved planning, progress tracking,
scheduling, and billing.
CFMA Benchmarker
Streamline collaboration with the CFMA by submitting
preconfigured Acumatica construction financial data for inclusion
in the CFMA Benchmarker survey. Benchmark your results
directly against CFMA member peers with a custom dashboard
with corporate return on assets, return on equity, and other
financial ratios from CFMA members within your region.