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ERP Industry Report: How to Get Enterprise ERP at Mid-Market Cost

ERP Industry Report
Industry analysts have their full attention on Acumatica. Technology Evaluation Centers' (TEC), Ted Rohm, Senior ERP Analyst, released a review of Acumatica in a special report. He touts Acumatica as an enterprise ERP solution available for mid-market businesses at an affordable price. The following is a summary of the topics covered in this report entitled:

"Cloud ERP Acumatica Delivers Enterprise ERP for Mid-Market Growing Businesses" 

What does it take to be an Enterprise ERP?

Enterprise-grade ERP software is not a complete solution with the software alone. The acronym ERP stands for Enterprise Resource Planning. ERP is a combination of software and services that integrate into one business solution. ERP customers rely on certified ERP consultants for implementation, support, and ongoing training. ERP consultants deliver the solution to meet the unique requirements of the customers. They also help adapt the ERP system to improve reporting, processes, and workflows. The goal is for the new ERP to help the customer increase profits by becoming more efficient.

In the past, Enterprise ERP software and its functionality were out of reach for small and mid-sized businesses (SMBs). Acumatica provides growing SMB companies with affordable and functional “enterprise” level ERP solutions.

Built on modern, open and full-featured platform

Acumatica is a modern ERP solution built on the xRP Platform. This technology allows developers to write application programming interfaces (APIs). Customers can use mobile devices and on-premise or cloud technology. Acumatica's capabilities include; reporting, analytics, workflow, document management, and security. It's possible to add modern functionality like artificial intelligence (AI) and the internet of things (IoT).  Acumatica's modern platform also enables developers to roll out major improvements.

Deep industry functionality

You expect deep core functionality with an enterprise-grade ERP. Acumatica has the core business included in its mid-market ERP. You get financials, customer relationship management (CRM), sales order, project accounting, etc. Plus, there are special “editions” with deep “enterprise” functionality. This includes industries like: commerce, field service, distribution, manufacturing construction, non-profits, and government contractors.

At Clients First, we developed industry-specific solutions for Acumatica customers

  • ProMRO software is designed for the MRO (maintenance, repair and overhaul), with a focus on the maintenance of aviation and equipment. ProMRO provides fast quoting, costing of labor and materials, work history of customer aircraft and equipment, serial numbers, invoicing, payables, financials, CRM, and marketing.

  • CatalogPro provides greater flexibility and has many features not available in standard Acumatica Cloud ERP, such as purchasing catalog items that are not dependent on a sales order. With Catalog Pro there is no need to setup catalog items as stock items.
User experience highlights – modern and easy to use

Acumatica Enterprise ERP standards with easy navigation and real-time pre-built dashboards help you keep your finger on the pulse of the business. You can view high-level graphs and drill into the details behind the data.

Strong partner ecosystem

Acumatica works 100% through a channel of value-added resellers (VARs) who work with local businesses for Acumatica sales, implementations, and training. Customers rely on the VARs to deliver the solution after learning about unique customer requirements. The strong community of ISVs and original equipment manufacturers (OEMs) assist the VARs to implement the best fit ERP solution for the customer.

ERP software isn’t something you just plug and play. It requires implementation and training to optimize it to work for each unique business. The VAR's expertise is required to deliver implementation and training based on the needs of the business and employees.

Enterprise services

Acumatica also invests in support and training resources for partners and customers. The Acumatica infrastructure runs on the Amazon Web Services (AWS) for a secure cloud network and reliable uptime. Acumatica delivers all the support you’d expect from an enterprise solution. You get 24/7 access to support, disaster recovery, back up services, monitoring, software updates, and application maintenance.

Financial backing and company leadership

Switching to a new ERP system is a significant investment, and you want to select an ERP with strong and long-term financial viability. Acumatica recently announced the acquisition of IFS and Acumatica by EQT Partners, a $45B investment firm. They have strong financial backing and a well-respected leadership team. CEO Jon Roskill was with Microsoft for 20 years and will continue to build Acumatica up to its next stage of growth.

Enterprise ERP solution for mid-market cost

Most traditional mid-market software vendors charge hundreds of thousands of dollars for technology that’s often outdated. In contrast, typical Acumatica implementations cost less than $100,000.  Plus, Acumatica customers get enterprise-level functionality and a modern technology platform.Total Economic Impact of Acumatica

Learn more about Acumatica

Acumatica has ranked the leader in ease of use by a top software analyst two years in a row.  Clients First Business Solutions of Texas is an Acumatica Gold Certified Partner. We’re in the business of helping medium to large-sized enterprises implement business software. As one of seven offices in the United States, the Clients First Texas office has experience in not only implementing business software in the south-central region, but also in eleven countries. The senior-level team at Clients First Texas has been working with ERP software for over 20 years. Our consultants have over 200 years of combined experience which enables us to help our customers with their unique challenges.

Please do not hesitate to contact us for a free consultation.

Email Clients First Texas Dallas/Fort Worth, or call us at 800.331.8382

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