Perfect Quote-to-Cash With Acumatica – Phase 3

Step 1: Comprehensive Accounting

Effective financial management is essential for manufacturers. Acumatica integrates all manufacturing, sales, and purchasing transactions into the general ledger, enabling accurate financial reporting and analysis. Core accounting tasks like invoicing, cash collection, and vendor payments are managed seamlessly, alongside specialised functions such as payroll, expense management, project accounting, multicurrency handling, and more.

Vendor Payments

Automate vendor invoice syncing via email or EDI transactions. AI and machine learning streamline the identification of vendor details like items, prices, and payment terms. Simplify recurring bills, vendor refunds, and 1099 tax documents. Payments can be made online, via credit card, or ACH, ensuring prompt and efficient vendor interactions.

Customer Invoicing

Automatically generate invoices from shipments, project milestones, service appointments, or recurring contracts. Features like deferred and recurring revenue management comply with ASC 606 and IFRS 15 standards. Acumatica also supports tax management, multicurrency transactions, and late fee processing, enabling global operations with ease.

Step 2: Optimised Cash Management

Acumatica provides tools to accelerate payment collection by delivering accurate and timely invoices. Automation and flexible billing cycles ensure efficiency, while dashboards and embedded tools support proactive credit and collections management.

• Integrated applications enable customers to remit payments securely through credit cards, electronic funds transfers (EFT), or paper checks.
• Automated bank feeds streamline transaction syncing, reducing manual effort and errors.

Step 3: Real-Time Reporting and Insights

Acumatica empowers businesses with real-time data to optimise the quote-to-cash process. Dashboards, alerts, and advanced reporting ensure businesses stay informed and agile.

• General Ledger
  The GL serves as the central hub for financial data, fully integrated with manufacturing, purchasing, and sales modules. It supports consolidated reporting across entities, currencies, and account structures.
• Financial Reports and Dashboards
  Gain insights through unlimited reporting dimensions, visualised in monthly, yearly, or quarterly formats. Dashboards provide real-time analytics, enabling stakeholders to monitor KPIs and trends.
• Business Intelligence (BI)
  Leverage tools like Microsoft Power BI to aggregate data, identify opportunities, and resolve bottlenecks. BI transforms raw data into actionable insights for strategic decision-making.
• Operational Reports
  Generate detailed reports on transactions across sales, inventory, projects, and more using Acumatica’s native Analytical Report Manager.
• Alerts and Notifications
  Automate notifications for critical business scenarios, such as low inventory, delayed orders, or high costs, ensuring proactive management.
• Generic Inquiries
  Extract and format specific data for custom reporting without coding knowledge, integrating seamlessly with external BI tools.
• Sales Commissions
  Calculate commissions with split commissions for multiple salespeople. Link commissions to specific line items and pay employees when the invoice is issued or paid. Calculate commissions monthly, quarterly, or annually.

Step 4: Supporting Processes for End-to-End Management

A holistic ERP system is essential to perfecting the quote-to-cash process. Acumatica supports every stage with powerful features tailored for manufacturers:

• Fixed Asset Management
  Track assets and depreciation, integrating purchases directly from AP or importing via file.
• Engineering Change Management
  Manage changes efficiently with CAD/PLM integrations and native engineering change order tools.
• Returns and Customer Service
  Handle returns seamlessly with options for credits, RMAs, or exchanges.

Perfecting Quote-to-Cash with Acumatica Cloud ERP

Acumatica offers manufacturers and distributors a complete ERP solution to optimise quote-to-cash processes. From streamlining inventory creation to harmonising production planning, it delivers tools for every business need. With an embedded CRM, marketing automation, and real-time analytics, Acumatica ensures smooth operations and data-driven decision-making.

Built on a modular, future-proof platform, Acumatica supports rapid integration with external systems via open APIs. Its cloud-based design makes it accessible through any browser or mobile application, empowering midmarket manufacturers with a scalable, connected business management solution to thrive in the digital economy.

 

Acumatica Manufacturing Edition: A modern ERP for midmarket manufacturers, providing end-to-end solutions for efficiency, visibility, and growth.

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