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How Acumatica Cloud ERP Helps SMBs Improve Profitability

Written by Laura Schomaker

June 29, 2023

Acumatica is a rapidly expanding cloud enterprise resource planning (ERP) software that provides business leaders with an all-in-one ERP/CRM solution to run their organizations seamlessly. Acumatica helps companies reach their organizational goals through various tools and applications related to ERP. By adopting solutions like Acumatica cloud ERP, businesses can improve profitability and achieve long-term success and financial security.

Acumatica is crucial for businesses attempting to increase their bottom line and boost customer satisfaction. Without effective customer relationship tools, increasing the profitability of your organization is next to impossible. This article will help you achieve your organizational goals by exploring Acumatica cloud ERP and how it helps small and medium-sized businesses (SMBs).

Understanding Acumatica

Acumatica is essential to improve your company’s cash flow and target profitable customers. Acumatica is an integrated cloud software solution where users can access necessary information and resources anywhere. The software integrates with your core functions and systems for a comprehensive, well-rounded solution.

Acumatica has several unique features to increase sales and improve business efficiency. The Acumatica cloud ERP software provides teams real-time insights for efficient and effective decision-making. Additionally, the software only requires teams to pay for the functionalities they need through flexible licensing plans and transparent pricing models. This scalable solution makes collaboration between team members seamless and integrates with tools that your business already uses.

The software is highly flexible and scalable, meaning that your company can quickly adapt to shifting business demands as you grow over time without needing to purchase and adapt to new hardware. These features ensure Acumatica provides a long-term solution to your organizational needs.

Improving Profitability with Acumatica

Acumatica cloud ERP is a crucial asset for many reasons and is perhaps most notable for its ability to help businesses improve profitability. Acumatica provides several solutions to improve profitability and increase your profit margin, such as the following.

Streamlining Operations and Reducing Costs

Acumatica simplifies and streamlines business operations by providing an integrated order management system, allowing for more intelligent and efficient business decisions. It helps teams determine their profitability using real-time, accurate data to monitor and control costs throughout the supply chain.

Acumatica also reduces total order times by eliminating delays and automating sales order processing and shipping order generation. Acumatica simplifies the entire sales process through these functions while giving you better insights into your spending.

The software further improves your profitability by automating routine tasks that are tedious for your team but essential to the overall success of your business. This automation includes several accounting functions, such as payroll and invoice management, for a seamless, streamlined operation.

Acumatica excels in providing efficient inventory management solutions for raw materials to increase companies’ profitability. Acumatica’s inventory management solutions ensure you can save time and money with accurate inventory tracking and optimized delivery processes to satisfy your customers.

Accurate Financial Management

Managing your business finances is integral to your overall success and financial sustainability. Acumatica cloud ERP helps you increase sales and reach your target market through several financial management measures.

Acumatica provides real-time financial reporting to ensure you always know where your business stands financially. The software’s reporting and analysis capabilities simplify company financial reporting and provide crucial insights for improved and advanced forecasting and budgeting capabilities.

Acumatica’s cloud-based ERP system also promotes continuous improvements by enhancing your cash flow management abilities. The software includes an effective cash management system for teams to monitor daily transactions, cash balances, transfers, and reconciliations in a single location. This increased visibility allows companies to make financially wise decisions to promote future financial success and increase gross profit margins.

Case Studies

Many companies have successfully used Acumatica cloud ERP to automate time-consuming tasks and improve their customer relationship management abilities to increase overall profits. Adopting this innovative solution is crucial to your company’s growth and development. Here are some examples of companies that Acumatica has helped and how Acumatica’s features were used to help the organization.

Saddleback Leather

Saddleback Leather used Acumatica cloud ERP to streamline its business operations and reduce overhead costs to increase profitability. It’s software is 33 percent cheaper with Acumatica than previous solutions, while the company is increasing its net profit and selling more with Acumatica.

Saddleback Leather has seen a 45 percent increase in organic traffic. It uses Acumatica to gain improved visibility into its financial data, boost organizational productivity, and connect to third-party software for complete functionality. By offering an open platform for development, Acumatica supplied Saddleback Leather with everything the organization needed to meet customer expectations and reach its target market.

Smartnumbers

Smartnumbers could access real-time financial insights to improve its decision-making processes by adopting Acumatica cloud ERP. With Acumatica, Smartnumbers reduced its IT costs by 80 percent. all while gaining visibility into its entire operation.

How did they do it? Acumatica gave the Smartnumbers team critical data to make wise decisions and focus on improving the customer experience to increase the conversion rate. The company also streamlined workflows to reduce the processing time by up to 90 percent for specific work processes. By adopting Acumatica, Smartnumbers lowered its fixed overhead costs, met customer expectations at a higher rate, and scaled significantly.

Grow Your Business Through Acumatica Cloud ERP

As you can see, Acumatica Cloud ERP is a game-changer for small and medium-sized businesses (SMBs) looking to improve profitability. By leveraging its integrated tools and applications, Acumatica empowers organizations to streamline operations, reduce costs, and achieve long-term financial success. With real-time insights, efficient inventory management, and accurate financial reporting, businesses can make informed decisions that boost their bottom line.

Unlock the potential of Acumatica Cloud ERP with the help of our team. Take the leap today and propel your business toward greater profitability and success.

Want an Inside Look at Acumatica?

Choose from the options below to build a custom demo showcasing what Acumatica can do for businesses in your industry. If you’re looking for a no strings attached way to take a quick look under the hood, this is it!

Is your vertical not represented in the list? No worries, select “Welcome from Acumatica” for an overview of what makes Acumatica the fastest growing cloud ERP. Then, let our experts design a free, custom demo just for you.

Questions? Answers are just an email away.

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