Financial management affects every part of a business. Teams must manage customer payments, vendor bills, cash activity and financial reporting while keeping information accurate and current. When accounting data is spread across disconnected applications, employees spend more time reconciling records and less time understanding business performance.
Acumatica Cloud ERP brings financial management together with sales, inventory, projects and operations. This connected approach gives finance teams greater control over daily accounting while providing business leaders with a clearer view of company performance.
Watch the video to explore the financial tools available in Acumatica Cloud ERP.
Manage Core Accounting Processes
Acumatica provides the tools businesses need to manage daily financial activity from one cloud-based platform. Users can process transactions, review balances and access supporting documents without switching between separate systems.
Core financial capabilities include:
- General ledger management
- Accounts payable and receivable
- Cash and bank management
- Tax management
- Fixed asset accounting
- Deferred revenue
- Expense management
- Financial reporting
Because financial activity is connected to operational transactions, accounting teams can trace entries back to the customers, vendors, projects or inventory activity that created them.
Improve Reporting and Decision-Making
Acumatica gives users access to dashboards, inquiries and financial reports based on current system data. Instead of waiting for information to be compiled manually, leaders can review cash positions, outstanding balances, expenses and profitability throughout the reporting period.
Teams can also configure reports and dashboards around their responsibilities. A controller may focus on financial statements and cash flow while an operations leader reviews costs, margins or project performance.
Support More Complex Business Structures
Growing businesses often need to manage multiple branches, companies, currencies or reporting requirements. Acumatica provides tools for intercompany accounting, consolidated reporting and multicurrency transactions within a connected environment.
Approval workflows, role-based access and audit trails can also help businesses strengthen financial controls while maintaining a clear record of activity.
Watch the video above to see Acumatica Financial Management in action, then talk with 3Value about connecting your accounting processes, operational data and financial reporting.