Software and Technology Companies
As a software or technology company in a competitive environment, you are probably managing clients and projects with cumbersome, disparate applications. You might be dealing with messy integrations that were manageable before your company grew to where it is today.
You need to track the costs of project time and materials and then compare estimated to actual costs, allowing you to make more informed decisions.
You need to manage a variety of billing scenarios, including recurring and deferred revenue, so you can manage your cash flow better.
And then you need to integrate all this information with your financial reporting software, so you can see trends and make better, more effective decisions regarding the direction of your company.
You need business management software that allows you to:
- Track the costs of IT project time and materials
- Compare estimated to actual costs
- Manage billing scenarios, including recurring and deferred revenue
- Integrate this information with the company’s financial reporting software
You need a solution tailored to the needs of the software and technology industries that provides:
- Integrated, full-function order processing
- Project management
- Self-service business intelligence (BI)
This is where we can help.
Acumatica Software and Technology Industry Options
Acumatica Cloud ERP for Technology Companies
Software & Technology
Acumatica Cloud ERP gives you control of your software and technology business through real-time dashboards so you can track sales invoices, payments, recurring billing, customer maintenance plans, and more.
Accounting for the 80/20 Rule
Advanced accounting features streamline your standard sales process and deliver the flexibility to account for the “one-offs” that are critical to completing sales. Sales contracts can be configured to automate customer specific pricing, special terms, maintenance payments, subscriptions, and professional services work.
Automated Billing and Revenue Recognition
The Revenue Recognition Module allows you to create deferral schedules with different components so each item on an invoice can be treated differently. All common recognition methods are supported and you can create deferral codes to simplify and automate your billing process.
Works from Multiple Locations
Acumatica for technology companies is web-based so you can gather and share data with offshore offices, remote sales offices, and home offices. Unlimited user pricing allows you to involve employees, partners, and customers so you can automate ALL business processes – even processes that span continents.
Features Built for Technology Companies
The Acumatica Financial Management Suite was designed to meet the needs of technology and software companies. Everything you need is included in one integrated package.
Key Software and Technology Company Features
- Recurring revenue management
- Advanced revenue recognition
- Integrated support cases and service management
- Pipeline management and CRM
- Order and billing management
Acumatica User Interface Overview
Acumatica Cloud ERP Suites
Financial Management Suite
A powerful set of financial applications used by almost every organization, no matter how complex or simple requirements are. Bring rigor to business processes in a user-friendly way.
Distribution Management Suite
Works together with the Financial Management Suite as a full distribution solution. Starting from the requisition process to purchasing, order management, inventory tracking, automated inventory replenishment suggestions, and more.
Customer Management Suite
Fully integrated with the Financial Management and Distribution Management Suites, the Customer Management Suite fosters a team approach. Dashboards and reports provide real-time sales data to accurately manage forecasts, quotas, and results.
Project Accounting Suite
With the Project Accounting Suite, deliver on project objectives on time and on budget. Manage complex reporting requirements. Include projects in company-wide financial reports.