Acumatica launches R1 with new interface AI and payments

Acumatica is a cloud-based ERP system designed for small and medium-sized businesses.

Enhanced AI capabilities that enable businesses to automate routine tasks and make data-driven decisions

Industry-specific solutions tailored to specific sectors, such as manufacturing, distribution, and construction

Improved user interface and user experience, making it easier for users to navigate and manage their business operations

Enhanced reporting and analytics capabilities, providing businesses with real-time insights into their operations

Integration with popular third-party applications and services, expanding the capabilities of the ERP system

Industry-Specific Solutions

Acumatica’s 25 R1 release includes a range of industry-specific solutions that cater to the unique needs of various sectors.

Redesigning the User Interface

The new Acumatica software is designed to provide a more intuitive and user-friendly interface.

The new version of the Accounts Payable (AP) system has introduced a range of exciting features that are set to revolutionize the way companies manage their accounts payable processes. One of the most significant improvements is the integration of AI technology, which enables the system to automatically recognize and match purchase orders or subcontracts with AP bill lines.

Automatic matching of purchase orders or subcontracts with AP bill lines

Manual linking of items if no match is found

Enhanced user interface for improved navigation and data entry

Real-time reporting and analytics for better decision-making

The integration of AI technology has significantly improved the efficiency and accuracy of the accounts payable process. By automatically recognizing and matching purchase orders or subcontracts with AP bill lines, the system reduces the risk of manual errors and saves time for accountants and finance teams.

Improved accuracy and reduced errors

Increased efficiency and productivity

Enhanced user experience and navigation

Better decision-making through real-time reporting and analytics

The new AP system also offers a range of other benefits, including:

Improved cash flow management

Reduced costs and expenses

Enhanced compliance and risk management

Improved customer relationships

Implementation and Training

The implementation of the new AP system requires careful planning and training to ensure a smooth transition for users.

Revising the Authorization Process

The authorization process for credit card payments can be streamlined and simplified by allowing users to increase the authorized amount without the need to void and recreate the authorization. This change can significantly reduce the administrative burden on businesses and improve the overall efficiency of their payment processing systems.

Reduced administrative burden

Improved efficiency

Enhanced customer experience

Increased flexibility

By allowing users to increase the authorized amount, businesses can avoid the hassle of voiding and recreating the authorization, which can save time and resources.

Key Features

BAI2 Bank Statement Format: The software now supports the BAI2 bank statement format, allowing users to easily import and process bank statements in this format.

Customizable Deductions and Benefits: Users in the payroll realm can now specify which earnings and benefits should be included in the calculation of deductions or benefits, providing more flexibility and accuracy in payroll processing. The software’s ability to support the BAI2 bank statement format is a significant enhancement, as it enables users to import and process bank statements in a more efficient and accurate manner.

Enabling New Taxes by Code Reports

The software offers a feature that allows users to generate new taxes by code reports in the Annual Reports category of the Payroll workspace. This feature is particularly useful for businesses that need to comply with various tax regulations and codes. • The reports provide annual tax summaries grouped by tax codes, making it easier for users to track and manage their tax obligations. • The software also enables users to generate reports for specific tax codes, allowing them to tailor their reports to meet the needs of their business.