Cloud-based enterprise resource planning (ERP) solutions are a highly competitive market for small and mid-sized businesses (SMBs), with many ERP providers promoting unique solutions. Acumatica Cloud ERP, the fastest-growing cloud-based accounting software for six years, is among the current leaders in the cloud ERP market.
Transitioning from platforms like Microsoft Dynamics to Acumatica Cloud ERP is a wise decision for many reasons, 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 need an ERP solution integrating different business processes and applications. They should implement the system quickly to avoid downtime that causes profit losses and have several access options to accommodate remote and on-site workers.
Given the many requirements of SMBs for an ERP system, professionals should know what to consider when evaluating options and making a final selection. 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 Microsoft Dynamics 365 Business Central, Acumatica provides a full relational database export, customization using industry-standard tools, and flexible licensing options to suit your specific organizational needs.
Additionally, Acumatica differs from options like Microsoft Dynamics GP because it’s built for the cloud, unlike Dynamics GP. Acumatica outperforms this platform because of its multiple deployment options, scalability, and superior return on investment (ROI).
Compared to QuickBooks, Acumatica is a true cloud solution with true mobility to support access 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. While options like Oracle NetSuite provide cloud-based solutions, they don’t have the same capabilities as Acumatica and because of this buyers often find that they lack a significant return on investment.
Flexibility and Scalability
Acumatica is a highly flexible solution for SMBs wanting to scale their operations. The software adapts to fit businesses of all sizes and has flexible deployment options to implement Acumatica on your terms. This Cloud ERP provides on-premises, cloud, and hybrid deployment to help you succeed with your new ERP solution.
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. TCO accounts for factors that influence ERP pricing, like the number of users you have and your deployment method, but 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 long-term compared to its competitors. This is because it charges by your consumed computing resources, whereas options like Oracle NetSuite charge by consumed computing resources and per user. This detail means you can grow your Acumatica system and add unlimited users without worrying about massive cost increases as your business scales and expands.
Customer Success Stories and Testimonials
Companies that choose this service are consistently happier with their new solution than their previous ERP system. For example, Acumatica helped Saddleback Leather by replacing their previous Oracle NetSuite solution with Acumatica’s unique ERP solution to increase organic traffic significantly and access essential, real-time financial data to understand their company’s growth.
Similarly, Acumatica Cloud ERP helped ProPharma Distribution eliminate the downsides of using QuickBooks by replacing their previous solution. Acumatica provides ProPharma Distribution with access to all relevant information from anywhere, simplifying business processes and saving ProPharma Distribution an average of $120,000 annually.
Acumatica’s Commitment to Innovation
Acumatica is committed to consistently meeting the needs of SMBs at every stage of their growth through continuous improvement and product innovation. ERP is a rapidly growing and evolving market, and Acumatica Cloud ERP is keeping up with market trends to continue serving customers with the highest quality products.
Acumatica is becoming increasingly customer-focused, with bi-annual releases emphasizing the need for vertical industry functionality. As the industry continues adopting machine learning (ML) and artificial intelligence (AI) capabilities, Acumatica is rising to meet this trend and testing several ML/AI processes to meet the shifting market.
When debating Acumatica vs. competitors, there’s no doubt that Acumatica Cloud ERP is the winner. With a true understanding of the needs of SMBs and several advantages over its competitors, Acumatica Cloud ERP is a leader in cloud-based ERP technology to help your business expand and scale.
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 adopt your new ERP solution and take advantage of all the benefits it offers. Get a free Acumatica Cloud ERP demo from Intelligent Technologies today to see the difference!