Simplify cash flow with Acumatica’s powerful forecasting features

In the accounting world, cash flow refers to the movement of money as it is transferred into and out of a business, or the difference in amount of cash available at the beginning of a period and the amount at the end of that period. In order to manage a healthy business, a positive level of cash flow must be maintained.

 

Acumatica Cloud ERP is already a strong platform, offering numerous modules that use real-time information from sales, finance, projects, and other operational specific processes to enable efficient business operations anytime, anywhere. With companies needing to forecast cash flow to avoid a liquidity crisis, Acumatica’s cash management functionality enables you to manage all business operations that involve cash, allowing your finance department to maintain your cash accounts from one location, and easily forecast cash flow.

Measure, manage, and forecast cash flow

Acumatica simplifies the process of managing payables by making it easier to investigate where costs are coming from and how to control them. Ideally, you are paid immediately after every sale, but that’s not quite how most businesses work. Acumatica clears up confusion that a backlog in payments can cause by allowing you to track money owed.

Through its cash flow forecasting and fully integrated applications, Acumatica predicts when you’ll have more cash going out than coming in to help better prepare your business, and it can also alert your business to trouble before it happens.

If you’re looking to optimise the financial management aspect of your business and to simplify project accounting, Acumatica Cloud ERP is a reliable cash flow forecasting solution for you. With its comprehensive reporting functionality and intuitive user interface, you’ll not only free up your time, but also have more confidence in the accuracy of your cash flow forecasts.

Contact us at Computime Software to find out how Acumatica Cloud ERP can help take your business to the next level. Be sure to follow us on Facebook, LinkedIn, Google+ and Twitter for the latest updates!

ERP business intelligence puts reporting and data analysis at your fingertips

Growing revenue and making the right strategic decisions are all common goals which business leaders need to achieve. ERP systems are designed to manage business processes, identify problems, and help you execute those operational improvements which matter the most.

In order to increase productivity and make your decision making easier, Acumatica Cloud ERP offers a collection of useful reporting and data analysis tools. Here are just a few:

Standard and custom reports

Modify and create any report for a number of roles or purposes with Acumatica Cloud ERP. Over 250 standard reports can be found within each module, including Profit and Loss, Cash Flow, Balance Sheet, and Depreciation.

Generic inquiries for reporting and analytics

Extract any data you need for external applications, dashboards, and reports with Acumatica’s use of generic inquiries – a new way of accessing information. Since these inquiries require no coding, they can be used by anyone to carry out a variety of different tasks, including exporting data to Excel and displaying results in dashboards or reports. There is also the possibility to reuse or modify any of these inquiries.

Business intelligence and analytics

Third-party BI applications can be used to gather information from Acumatica Cloud ERP – an example of one such tool being Microsoft’s Power BI. Combine information from external sources (such as Excel and Salesforce) with Acumatica to make decisions for tactical and strategic purposes. Over 100 Independent Software Vendors (ISVs) support Acumatica, with products that are developed to enhance the ERP’s functions and which also seamlessly integrate with Acumatica’s software.

How can a toolkit for dashboards, data analysis, and reporting help your business?

One database to rule them all

Acumatica Cloud ERP offers a single version of the truth by using the same database for CRM, Distribution, Manufacturing, Finances, Project Accounting, and more. Consequently, every team member from any department across the entire enterprise receives and views the same data, in real-time.

Ensure data security through role-based features

Avoid relying on printed copies by using online reporting, thus preventing important information leaving the premises. With Acumatica Cloud ERP, all data can be managed from a single location inside the software itself.

Customise dashboards

Display necessary information by individal, department or role by customising your own dashboards with Acumatica Cloud ERP. Not only can you view your KPIs with a single glance, but you can also drill down for more details through the use of widgets.

Cut expenses and optimise your profit with Acumatica Cloud ERP, which will help you sharpen your decision making by analysing essential data and providing real-time information. Feel free to have a look at our previous blogs about how Acumatica can optimise your field service management and how it can offer a solution for your distrubition management needs. For more information, contact our team at Computime Software.

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Debunking Common ERP Myths

Since its introduction in the ‘90s, ERP (Enterprise Resource Planning) software has become a multibillion-dollar business and is now considered a necessary management tool. However, along with its growth and increase in popularity, various and recurring misconceptions about ERP systems have also evolved. Computime Software, sole distributors of Acumatica Cloud ERP in Malta, debunk 3 common myths about ERP.

1. Customisation is difficult

ERP is all about change and adaptability. Modern systems not only record but analyse operations to allow for customising after implementation. It is actually necessary to customise your ERP system to meet your business needs. The trick is to limit the customisations to a minimum.

2. ERP systems are expensive

What actually drives the price up is inadequate preparation when setting up business requirements or choosing a system which includes unnecessary functionality. Setting a scope that is too broad or requiring changes along the way run up costs. In reality, however, it may turn out to be more expensive to continue to run your business using a legacy system or Excel spreadsheets rather than employing an integrated solution across your firm. It is therefore imperative for buyers to inform themselves about ERP systems and to be cautious about relying on faulty information when making purchasing decisions.

3. ERP systems only suit larger companies

As is often the case with new technology, it was indeed larger organisations that embraced ERP. However, current designs work just as effectively for smaller firms. Regardless of a company’s size, most businesses require a purchasing function, an accounting function, CRM as well as specific business-vertical requirements. A main feature of ERP systems is that all of these functions are integrated, and that is a universal organisational need.

A robust ERP system will optimise operations, promote closer relationships between business functions, and provide business insights that will increase profitability through data transparency. ERP systems facilitate the decision-making processes and its transactional database is viewed through functional dashboards. At Computime Software, we are successful when implementing Acumatica Cloud ERP as it supports the unique needs of various industries through its integrated solutions – such as financial management, project accounting, distribution management, and customer management.

There are a number of factors you’ll need to consider before embarking on your ERP implementation, and our seasoned consultants at Computime Software are more than happy to guide you. As a leading provider in business solutions, we are knowledgeable and fully-equipped to provide you with relevant information on the measures required to help your business grow.

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Field Service Management made easy with Acumatica ERP

Field service management solutions help companies manage off-site employees and the resources they need to do their jobs competently. It can be accessed through a mobile device and provides field workers with the ability to view and/or apply changes to components such as schedules, work orders, customer account information, inventory as well as invoices.

With Acumatica Cloud ERP, offered exclusively in Malta by Computime Software, companies can offer more flexibility when providing their service to customers. They can communicate in real time with customers, by providing on-site information about products and repair matters, and offer a more time-efficient service.

The Acumatica Field Service Management edition helps companies improve operational efficiencies by optimising work order routing and technician scheduling, and by providing more timely resolution of issues. It can also be beneficial when it comes to offering an overall better customer service.

About Acumatica Cloud ERP

The Acumatica Field Service Management edition is your linking between field service operations, projects, CRM, order management, and inventory management, providing all the necessary information to produce service appointments from Sales Orders to CRM Cases.

Better business relationships and transactions result from the combination of automated processes, precise data gathering, financial analyses, and forecasting capabilities.

Acumatica Cloud ERP is the answer to your Field Service Management because it allows you to:

  • Use the field services calendar scheduling board to generate daily or weekly timetables mechanically or through drag-and-drop tools.
  • Swiftly capture service needs to reduce the time between call receipt and task assignment.
  • Update developments to diminish response times and costs, resulting in more profits and increased customer satisfaction which provides a competitive edge.
  • Monitor and oversee every aspect of your service or organisation with Acumatica Service Management.
  • Share best practices, systematise manual procedures, and monitor service records by assimilating information, people, and resources.
  • Track resource commitments, match jobs to best accessible resources, and create work orders.

Why Acumatica Cloud ERP?

Whether you want to streamline dispatching, reduce response times, or minimise costs, the Acumatica Field Service edition has you covered with CRM, sales, inventory, purchasing, accounting, and business reporting. It provides a global overview of customer activities so that you can develop the inclusive customer experience and assess customer satisfaction to earn higher periodic revenues and increase your competitive edge.

All your information is easily accessed via the web and fully transportable which is ideal for your field workforce. Unlike other field services software, the user interface delivers a unified conversion between applications, since Field Services Management is part of Acumatica Cloud ERP, not a bolt-on application.

To discover more about how Acumatica Cloud ERP can help your company, contact us today.

Grow your professional services firm with Acumatica Cloud ERP

When looking for ways to help your business grow, it can be somewhat challenging to devote enough time and attention towards your level of productivity and management of customer relationships.

Along with this, it’s important to stay one step ahead of your competitors in terms of pricing, as well as ensuring that you’re reaching your profit targets. Acumatica Cloud ERP offers a solution to service firms all over the world, with a wide range of features that are both customisable and easy to use.

Content and customer management

With financial management tools and a business wiki, Acumatica Cloud ERP offers a complete set of integrated customer solutions which include CRM information about sales, invoices, and contracts in addition to support tickets. A customer’s life cycle or lead is completely captured via a web form, transforming a prospect all the way into a business account.

In this way, every member of your team has access to a 360-degree view of customer activities and records which enable them to learn which ones are the most profitable.

Real time compliance and feedback

With Acumatica Cloud ERP, you can rest easy knowing that each area of your organisation can be accessed in real time. Instead of looking backwards and gathering data, you can view from a dashboard everything that is occurring right here and right now. Configure dashboards the way you want to and obtain advanced reporting and feedback regarding project expenses. This will enable your business to stay at the top of its game by making it easier for you and your team to make decisions based on real time events and developments.

Manage your documents on a unified platform

The Document Management feature is just one of the core tools within Acumatica Cloud ERP that facilitates access to transactions recorded in the system. You can organise different versions of file attachments, arrange storage settings, and create or delete organisation wikis and wiki articles.

Timesheets and contract management

Another core feature is Accounts Receivable. Control the rates for each client with regards to products, labour, and services. Expense reports and timesheets can be uploaded from anywhere and at any time, and even from your mobile device. Customise approvals and your workflow from any location to any specific business.

An efficient and modern cloud ERP can help your professional service firm turn time into money and manage unique activities like staff timesheets and project billing. Discover how Acumatica Cloud ERP can help you reach your goals and optimise the key processes needed to help your organisation run as smoothly and efficiently as possible.

For more information contact our team at Computime Software today.

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