User Review
( votes)No two businesses are alike. So why should their enterprise resource planning (ERP) systems be the same? Acumatica 2023 R2 believes this wholeheartedly. The company recently released its second update in 2024 with the goal of ensuring that all companies can create the flexible, tailored solution they need in one platform. Here, we present the highlights of 2023 R2 for distributors, retailers, e-commerce companies and manufacturing, and share some insights into the impact they may have on businesses just like yours.
Highlights of Acumatica 2023 R2
Acumatica serves a wide range of small to mid-sized businesses including consulting, construction, retail and more. We have grouped the highlights of the R2 release into these areas to make it easy to find the updates that appeal to your business.
Distributors, Retailers, and e-Commerce Companies
One significant improvement in Acumatica 2023 R2 focuses on profitability, offering users the ability to gain deeper insights and transparency into their financial metrics. With enhanced capabilities, Acumatica now enables the review of estimated margin percentage and amount calculations at both the order level and individual line items. This empowers businesses to make informed decisions during the order creation process, aligning with their overarching goal of maximizing profitability.
Efficiency in stock allocation has also taken a leap forward with the introduction of the Manage Sales Allocations screen. This feature streamlines the mass stock allocation and deallocation process for orders. The system’s automation capabilities provide suggestions for optimal allocations, while manual overrides offer flexibility for users to make adjustments, thereby ensuring a seamless and customized approach to managing inventory.
A crucial aspect of maintaining healthy profit margins is the ability to control and tailor discounts effectively. Acumatica now offers features that provide protection against margin erosion. Users can choose to exclude automatic line discounts, including volume discounts, from order lines for specific pricing scenarios, such as promotional pricing. This level of control is instrumental in safeguarding profit margins and ensuring pricing strategies align with business objectives.
In response to the growing prominence of e-commerce platforms, Acumatica has expanded its connectivity options. The addition of the Amazon connector is particularly noteworthy, as it establishes a direct link between Acumatica and Amazon’s Seller Central marketplace. This integration supports both FBA (Fulfilled by Amazon) and MFN (Merchant-Fulfilled Network) delivery models, opening up opportunities for businesses to tap into one of the world’s largest sales channels.
Furthermore, Acumatica is facilitating market expansion and sales acceleration for B2B transactions through seamless integration with Shopify’s new B2B eCommerce platform. This integration not only broadens the reach to new markets but also ensures a cohesive connection between online sales and Acumatica’s back-end fulfillment processes. This strategic move caters to the evolving needs of businesses engaged in e-commerce, offering them a comprehensive solution to navigate the complexities of online B2B transactions. Overall, these updates underscore Acumatica’s commitment to providing robust solutions that empower distributors, retailers, and e-commerce merchants to thrive in a competitive business landscape.
Updates for Manufacturers
One key enhancement focuses on improving manufacturing cost control by introducing a new user role and the ability to lock production order status during implementation and setup. This feature not only streamlines the role of cost accountants but also enhances overall cost management, ensuring precision and control throughout the manufacturing process.
In the realm of operational efficiency, Acumatica introduced the Acumatica DeviceHub service, offering manufacturers a simplified solution for production order ticket printing. This service comes equipped with automation schedules and predefined printer settings, providing a user-friendly platform that enhances the printing process. By streamlining this aspect of manufacturing operations, Acumatica aims to boost productivity and reduce complexities associated with production order documentation.
Another notable update revolves around extending the capabilities of Acumatica’s Product Configurator. Through new web endpoints, manufacturers can now leverage rules-based product options and values logic for configured orders originating from external applications. This includes seamless integration with website storefronts, custom portals, or other applications, expanding the reach and flexibility of Acumatica’s Product Configurator. This enhancement is poised to empower manufacturers in creating and managing configurable product offerings more efficiently and in alignment with their specific business needs.
Acumatica: Continual Improvements Based on Your Feedback
As you can see, the Acumatica R2 2023 updates offer features that distributors, retailers, e-commerce companies and manufacturers want and need. The company values user feedback and ensures that all enhancements help businesses stay competitive.
Mindover’s consultants can help you assess your ERP, update to the latest version of Acumatica, and more. Contact us or call 512-990-3994.
By Mindover Software – Acumatica Gold Certified Partner
The post Acumatica 2023 R2 Release Provides Optimal Solutions for Commerce and Manufacturing first appeared on ERP Cloud Blog.
The post Acumatica 2023 R2 Release Provides Optimal Solutions for Commerce and Manufacturing appeared first on ERP Cloud Blog.
