Acumatica Distribution Delivers Focused Financials
Distribution businesses need to compete on a variety of attributes, and your customers turn to you for accurate and reliable fulfillment. But success only goes far as the amount of money you bring in, and to keep control over this, you need a financial management solution that is ready to work for the distribution business.
Product-based businesses have unique product-focused financial challenges, and leaders need to track everything from shipping costs to inventory costs and more. Just one of the many components of the Acumatica Distribution Management solution, financial management is the backbone of the product, delivering accuracy cost control, and integration with a variety of products.
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Why Distribution-Focused Financials in Acumatica Works for Your Business
Built to work with Acumatica Financial Management, Acumatica Distribution Edition delivers for the product-based business, offering advanced capabilities including GL consolidation, sub-accounts, and automatic revenue recognition. This helps leaders to:
- Keep Everyone on Board: Keep your staff members connected through any device with a browser or with the native mobile Android and Apple iOS (iPad) app. Being a full web ERP, Acumatica can run on the entire spectrum of mobile devices.
- Streamline Processes and Reduce Errors: Efficiently handle all your finance operations by streamlining laborious and inaccurate manual processes. See how everything works together in a centralized location, drill down to see drivers behind the numbers.
- Bring Together Your Business—No Matter Where You Operate: Whether you have one entity or dozens, work domestically or globally, Acumatica has you covered. With multi-currency, multi-language, and multi-entity support, Acumatica lets you bring together your company.
- Automate Processes and Workflows: Streamline your operations and empower your people to do more by freeing them from the manual processes they’ve come to know. Faster book closing, easier approvals, and more accurate reporting let your company grow more easily.
Features of Acumatica Financial Management for Distribution
As one of the most flexible ERP products on the market, Acumatica lets you build the exact product you want to use. Built to work the way that you do, financial management for distribution includes a variety of features, including:
The core of any good financial management platform, Acumatica General Ledger functionality provides your business a central repository, fully integrated, with analysis and real-time reporting power.
Speed up the creation and distribution of invoices, receipt and collection of payments, and meet your revenue recognition requirements. Acumatica Accounts Receivable connects to the rest of your software to improve your business.
Connect your business and improve the speed with which you pay suppliers. With Acumatica Accounts Payable, you can improve the way you manage liabilities and make payments for goods and services.
Control day-to-day transactions, cash balances, funds transfer, and bank account reconciliation.
Direct financial reporting, payments, cash management, and inter-entity transfers among multiple warehouses. Control the finances alongside product flow.
Connect Acumatica to more than 14,000 financial institutions for automated bank transaction data imports.
“Acumatica provided an accounting solution that allowed us to streamline operations, eliminate accounting costs, and process orders faster.“
– DDB Unlimited
Get to Know Acumatica Distribution and The Donas Group
Built to integrate with a variety of applications—whether they are made by Acumatica or a third-party vendor—Acumatica’s distribution management functionality delivers a strong backbone for your business.
As a leading provider of this usable and functional application, The Donas Group can help you make the most of your journey to the cloud. Get to know more about our work and contact us for a free consultation.