In the months following the outset of the 2020 pandemic, manufacturers the world over were faced with unprecedented challenges. These challenges have fueled the emergence of several trends, each of which has the potential to reshape the manufacturing industry as we know it.
In the first installment of our series on Acumatica vs. Oracle NetSuite, we compared the implementation processes of the two ERP software solutions. In this second entry, we will turn our attention to a subject that is top of mind for all organizational leaders: costs.
As is true with most innovative technologies, enterprise resource planning (ERP) software was initially only available to large organizations. Early ERP software was simply too cost-prohibitive for small to medium-sized businesses (SMBs). Fortunately, as the technology has evolved, it has become more accessible.
With inflation on the rise, businesses around the globe are bracing for a potential recession. While the decline in currency values and rising prices are impacting organizations of all sizes, small to medium-sized businesses (SMBs) are particularly vulnerable.
Acumatica 2022 R2 offers innovations in usability, includes the increased ability for businesses to target new geographic markets and segments, and sharpens the targeting of micro-markets and verticals.
Today's manufacturing industry is virtually unrecognizable compared to what it was just ten short years ago. The advent of advanced manufacturing processes coupled with robotics and automation technologies has allowed organizations to create truly life-altering products.
In the wake of several major cyberattacks, businesses across all industries have been reevaluating their security protocols and best practices. While virtually any digital asset is vulnerable to cyber attack, ERP software is a particularly appealing target because of the amount of critical business data that it contains.
Since the turn of the century, business accounting processes have entered a Renaissance period categorized by the rapid emergence of new ideas and best practices. Basic accounting tools like spreadsheets or paper-based alternatives were replaced by more robust software.
You may be familiar with Sage 100 and Acumatica. Both ERP software solutions can seem ideal on the surface. But when it comes to choosing from the huge variety of products on the market, Acumatica is the clear winner.
While Acumatica ranks at the top of the list, the fact remains that there are many enterprise resource planning (ERP) software packages that all compete for your company's patronage. No one package is perfect, and each has unique strengths, weaknesses, and industry specializations.