in: Acumatica, Company News
Acumatica stands out as a premier cloud-based enterprise resource planning (ERP) system in the industry, specifically designed to meet the dynamic needs of small and mid-sized businesses. Offering robust features, industry-tailored versions, and continuous enhancements, each upgrade elevates the system’s capabilities to new heights.
Here, we present the key highlights from Acumatica R2 2023, the second update of the year. If you’ve hesitated about updating your system, now is the time. The latest additions to Acumatica R2 set it apart, providing unparalleled time-saving advantages and features that simplify data visualization for increased profitability.
Acumatica R2 2023 Highlights
Acumatica always considers user feedback and comments to create each updated version. R2 2023 focuses on productivity in the age of mobile apps and doesn’t disappoint.
Enhance Productivity in Mobile App
Experience heightened productivity on the go with Acumatica’s mobile app, seamlessly synchronized with the cloud-based ERP. The app introduces dynamically visible containers, enabling a simplified work process with customizable tabs for mobile devices. This enhancement ensures that employees working remotely, traveling, or on job sites can focus on what matters most, boosting overall efficiency.
Save Time with Custom Fields
Acumatica R2 introduces custom field elements, a new way to build timesaving into the system. With custom fields, you can quickly navigate to external sites for reference or additional information, streamlining tasks and improving efficiency.
Create Custom Workflows
Tailor your route through tasks with custom workflows, enhancing productivity and efficiency. Acumatica R2 allows easy creation of custom workflows for different order types, providing flexibility and optimization.
Easier Bank Reconciliation
Streamline monthly bank statement reconciliation, simplifying the management of credit card receipts. Automated field mapping is now a standard feature in Acumatica R2, saving valuable time in the reconciliation process.
Global Document Recognition
The new 2023 release includes document recognition. The system includes machine learning and language models to enhance document recognition capabilities. This includes adding branches, locations, and complex language recognition for diverse markets.
Smart Text Completion
You’re familiar with smart text completion. Autocorrect is one such feature, and many people have already used it on their smartphones as a time saver when tapping out messages. Acumatica R2 now includes this feature and makes recommendations based on past entries, saving time and enhancing accuracy in data entry.
Updates to Acumatica R2 Financial Models
As an ERP system, managing company finances is what Acumatica does best. R2 now includes a fully integrated payment processing system that facilitates secure credit card and ACH payments. The system also ensures reporting compliance, including complete overtime calculations and simplified state configuration for 1099 reporting and T5018 reporting in Canada.
Customer Relationship Management Feature Enhancements
Enhancements to Acumatica’s Customer Relationship Management (CRM) integration offer automatic assignment of leads, contacts, accounts, and opportunities by sales territory. Streamlined returns linked to cases, contribute to improved time-to-resolution SLAs. Additionally, new features enhance email account administration and enable quick additions via the Gmail add-on on Google Marketplace.
Robust Support for Growing Businesses
Industry-specific features abound in Acumatica R2. Manufacturers benefit from new cost control features, streamlined implementation for cost accountants, simplified production order ticket printing with Acumatica DeviceHub service, extended Product Configurator, and more.
Continuous Improvements
Acumatica R2 2023 marks a significant leap forward, empowering businesses to achieve unparalleled growth through a feature-rich, seamlessly integrated ERP platform. Update today and embark on a journey towards unparalleled efficiency and success.
Mindover Is Your Acumatica Partner
Mindover is a gold-certified Acumatica Partner and the best choice if you need assistance with your Acumatica platform. Contact us or call 512-990-3994.
