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In the face of constant change and, ideally, constant growth, organizations are perpetually in search of better, more innovative ways to streamline operations, improve efficiency, and gain a competitive edge. Enter cloud-based Enterprise Resource Planning (ERP) systems, which have quickly gained popularity among businesses of all sizes, offering them a centralized, single source of truth for their data insights.
What’s so remarkable about the widespread shift to the cloud from traditional on-prem ERP systems? Cloud-based ERPs typically come with streamlined implementation processes, lower up-front investments, and worry-free maintenance. They give you the power to access your data from anywhere, and they support instant scalability, allowing you to adjust your usage based on fluctuating demands so you can mitigate performance issues. They also offer you the option to scale down and optimize costs when necessary. Plus, this lower barrier to entry allows small and mid-sized businesses to access the same powerful ERP capabilities that were once reserved for large enterprises.
A real-time information flow that breaks down departmental silos for most businesses is a no-brainer. But even for those who know they need an ERP system (or want to migrate from the one they’re using), choosing the right solution for your organization’s needs isn’t always straightforward — especially when many different ERP systems all seem to offer many of the same capabilities.
If you’re considering Acumatica, here’s your how-to guide for deciding if it’s the right fit. Here are some ERP templates you can use to work through your criteria and considerations step by step.
While the benefits of cloud-based ERPs are clear, not all solutions are created equal. Acumatica has emerged as a leader in the field, offering unique advantages that set it apart from competitors. And while Acumatica isn’t for every business, when it’s the right fit, the advantages are essentially limitless.
Acumatica is a powerful cloud-based ERP solution that offers extensive customization options, allowing businesses to tailor the software precisely to their specific needs. The platform is highly scalable, supporting organizations from small startups to large enterprises, and provides comprehensive features across finance, CRM, project management, and inventory management. With its user-friendly interface, vigorous security measures, and ability to integrate with third-party applications, Acumatica fits your existing tech stack but augments it with robust business management capabilities. When paired alongside an AI-driven platform like Cavallo’s Order Intelligence platform, users can leverage historical data within Acumatica to make robust business decisions that are based on at-a-glance data and real-time insights into profit and customer trends.
What kind of businesses benefit most from investing in Acumatica as their ERP of choice? Finding the ideal fit is about identifying the types of companies that genuinely thrive with and are particularly well-suited to Acumatica.
Here are a few that stand out.
Acumatica’s scalability, cost-effective licensing model, and comprehensive feature set make it an excellent choice for businesses that need a solid ERP solution to reach their growth potential–without the unreasonable cost of enterprise-level systems.
Acumatica’s mobility and real-time data access are particularly beneficial for companies with field service operations or remote teams that need access to consistent, accurate data from multiple or long-distance locations.
Multi-entity and intercompany accounting capabilities make Acumatica an excellent choice for businesses managing multiple subsidiaries or operating across various locations.
For teams like these, Acumatica can bridge the gap between the historically inefficient way of working and the smarter, data-centric way.
While many cloud-based ERP systems promise the same set of advantages, Acumatica offers particularly powerful and highly customizable capabilities to speed up order fulfillment/customer-to-cash. When combined with integrations like Cavallo’s Profit Analytics, part of our Order Intelligence Platform, the capabilities continue to soar.
Here’s what sets Acumatica and Order Intelligence offer as a solution together:
Centralizing sales activities and automating order processing can eliminate unnecessary steps and improve customer service. The system’s intelligent features, such as item substitution and AI-powered up-sell and cross-sell suggestions, help boost sales while streamlining fulfillment processes.
Integral reporting and analytics capabilities transform raw data into actionable insights, empowering decision-makers at all levels. Cavallo Order Intelligence is a purpose-built solution that empowers distributors to unlock the full capacity of their Acumatica data. Access advanced, ready-to-use visualizations for variance, item, customer, and KPI trend analysis and achieve actionable insights into the key drivers of margin performance.
With customizable dashboards that you can dig into and get granular with, plus real-time data access, you can quickly spot trends, identify opportunities, and make informed decisions that drive your business forward.
Acumatica’s integrated financial management tools tie together all aspects of your operations. Order Intelligence offers additional purpose-built measurements that uncover and clearly highlight the macroeconomics affecting order success. Actionable recommendations provide levers to optimize sales strategies, improve order economics, and align business goals to drive profits.
By connecting every facet of your process, from invoicing to accounting, you can make smarter business decisions and keep your company financially fit. This holistic approach to financial management ensures that you have a clear picture of your company’s financial health at all times.
Did you know? Acumatica’s unique consumption-based licensing model distinguishes it from competitors who charge per user. By basing fees on consumed computing resources rather than the number of users, Acumatica allows businesses to scale their usage without incurring prohibitive costs. Take that scalability even further with Cavallo’s AI-powered Profit Analytics solutions for flawless orders.
Cavallo’s “AI Profitability Navigator” (AVA) helps users leverage AI-driven analysis and recommendations that empower their team to implement impactful changes and drive profitability. Access to details like SKU and performance metrics optimizes inventory strategy with clear visibility into top-performing and underperforming items.
Proactive notifications via Profit Analytics help users stay informed with customizable alerts for key metrics, including unit costs, sales volumes, and customer purchase frequencies. Sophisticated analytics tools enable your team to identify margin leaks and optimize performance without the need for custom-built reports.
Choosing the right ERP system to sit at the core of your business can make or break the amount of success you see with it. It can also heavily impact how your internal teams adopt and use your ERP and whether or not you ultimately see a significant return on that investment. That’s why so many businesses dedicate serious time upfront to considering and weighing their ERP options, especially as many organizations embrace systems that run in the cloud.
By leveraging the power of Order Intelligence, companies also add intuitive user interfaces with purpose-built widgets and dashboards to their order process, eliminating the need for lengthy training and allowing users to gain actionable insights out of the box. Executives and leaders across sales, marketing, and operations are also equipped with actionable intelligence to achieve strategic goals and drive actionable growth across revenue.
When running a cloud ERP, customers can expect:
With Acumatica, you get all that, plus industry-specific capabilities and a flexible, highly customizable system that lets you tailor your solution of choice precisely to your needs. To take your cloud ERP journey further, Cavallo’s Order Intelligence supports users through AI-driven solutions that power visibility to real-time insights on customer trends, support leadership in making more strategic business decisions with pre-built data visualizations and variance analysis tools, and offer insight into the trajectory of profits by using historical data from your ERP.
Bring the power of data and AI-driven solutions and insights to the Acumatica space with Profit Analytics for Acumatica, part of Cavallo’s Order Intelligence platform, and see the transformative power of real-time data visibility for yourself.