Small and mid-sized businesses shopping for cloud-based enterprise resource planning (ERP) solutions have seemingly endless choices. Acumatica Cloud ERP, the fastest-growing cloud-based accounting software for six years, is a top choice for many.
Transitioning from platforms like Microsoft Dynamics to Acumatica Cloud ERP is a wise decision, as it provides numerous benefits. But what are the specific benefits of Acumatica vs. competitors, and what sets it apart? Read more to find out!
Understanding SMB ERP Needs
SMBs have a unique relationship with ERP systems that make these solutions invaluable. SMBs need ERP systems to meet specific needs, such as scalability, to accommodate the company as it grows. Because SMBs don’t always have dedicated IT departments, ERP solutions must be accessible to users. SMBs also require cost-effective ERP software to suit smaller budgets than larger corporations.
SMBs have many requirements for an ERP system. Knowing what to consider when evaluating your options can be challenging. Among the many factors to keep in mind are:
- Flexibility and scalability
- User-friendly interfaces
- Mobile accessibility
- Vendor reputation
- Support and training options
The Advantages of Acumatica Cloud ERP
Acumatica Cloud ERP has many advantages over other ERP providers like Microsoft Dynamics 365 Business Central, Oracle NetSuite, Microsoft Dynamics GP, and QuickBooks. Compared to one of its main competitors, Microsoft Dynamics 365 Business Central, Acumatica provides:
- A full relational database export.
- Customization using industry-standard tools.
- Flexible licensing options to suit your specific organizational needs.
Compared to on premise options, like Microsoft Dynamics GP, Acumatica offers multiple deployment options, scalability, and superior return on investment (ROI).
Compared to QuickBooks, Acumatica offers an expanded feature set and improved flexibility. It is a true cloud solution that works on all devices without special apps. It’s a full-function ERP solution that scales as your business grows, unlike QuickBooks, which doesn’t have all the capabilities teams need from ERP.
Flexibility and Scalability
Acumatica is a highly flexible solution for SMBs wanting to scale their operations. Acumatica software is flexible and can be customized for businesses of any size. Unlike many Acumatica competitors, you can choose the deployment method that makes sense for your business. Select from on-premises, cloud, and hybrid.
Acumatica also ensures you can navigate changes and scale without causing disruptions to business operations. All organizations have shifting needs, and Acumatica Cloud ERP can easily meet new requirements. You can scale your operation up or down without switching to new hardware or software to accommodate organizational needs.
Total Cost of Ownership (TCO)
Acumatica has a better total cost of ownership (TCO) than alternatives. TCO accounts for your ERP system’s direct and indirect costs over its lifespan. Of course, TCO accounts for factors that influence ERP pricing, like the number of users and your deployment method.
But that’s not all. The calculation also includes hidden ERP costs like maintenance, integrations, upgrades and customizations, hardware, and other expenses.
Acumatica has a lower TCO to save your business money in the long run. Its pricing is determined by the amount of computing power you use. Thus, you can add unlimited users without worrying about massive cost increases as your business grows.
In contrast, alternatives like Oracle NetSuite charge based on both computing power and the number of users.
Customer Success Stories and Testimonials
Companies that choose this service are consistently happier with their new solution than their previous ERP system. For instance, Saddleback Leather switched from Oracle NetSuite to Acumatica’s ERP solution. This change helped boost website traffic and provided real-time insight into company growth.
Similarly, Acumatica Cloud ERP helped ProPharma Distribution eliminate the downsides of using QuickBooks. Now, they have access to their data from anywhere, simplifying business processes and saving the company an average of $120,000 annually.
Acumatica’s Commitment to Innovation
Acumatica works to meet the needs of SMBs as they grow, by improving and innovating their products. They aim to offer customers high-quality products in the rapidly expanding ERP market.
Acumatica is becoming increasingly customer-focused, with bi-annual releases emphasizing the need for vertical industry functionality. Plus, as technology evolves quickly, Acumatica is testing several ML/AI features.
Conclusion
When debating Acumatica vs. competitors, there’s no doubt that Acumatica Cloud ERP is the winner.
Acumatica’s commitment to innovation promises an exciting future for the software and its users. By choosing Acumatica Cloud ERP over competitors, you can ensure you get the most from your ERP solution.
Intelligent Technologies is a leading Acumatica partner. Our team of Acumatica Cloud ERP experts can help you make the most of this powerful software. Get a free Acumatica Cloud ERP demo from Intelligent Technologies today to see the difference!
