Acumatica Summit – Day 1
Posted on: January 27, 2020 | By: Jim Bertler | Acumatica
The first day of the Acumatica Summit has been filled with great information. Here are some of the highlights.
Acumatica Acquires JAAS Systems Right Before Acumatica Summit
The Acumatica manufacturing functionality has always been built on the Acumatica platform and listed on the Acumatica price list. However, JAAS, a 3rd party company developed the software. Today Acumatica announced that they had acquired JAAS Systems. The entire JAAS team are now Acumatica employees so Acumatica kept the excellent staff JAAS had built. We think this is a great move for Acumatica and solidifies their reputation as a leader in the mid-market manufacturing ERP space.
Acumatica Announces Payroll Solution
To date any company wanting to perform in-house payroll had to use a 3rd party solution. And while this wasn’t a huge deal it was at times hard to find a payroll solution that met all of your needs and essentially required anyone who wanted to do their own payroll to find not only the right ERP solution, but a good payroll solution as well. Now Acumatica will be able to provide a completely integrated, cloud-hosted solution for both ERP and payroll. Furthermore, the payroll module Acumatica developed is robust and can deal with the complex payroll issues like unions rules and shift differential.
AI for Expense Reporting Demo at Acumatica Summit
Everyone’s least favorite task is expense reporting so why not make it as easy as possible. Acumatica showed a short demo where someone scanned a receipt and the Acumatica system automatically inserted the correct General Ledger account and all the the pertinent accounting information. A great use of AI that will make employees who travel quite happy!
My biggest takeaway from Day 1 of the Acumatica Summit was growth. The Acumatica Cloud ERP platform has grown so much in the past few years with new functionality and enhancements. The size of the expo and 3rd party ISV solutions has grown. Finally, the size of the conference and customer base has grown tremendously. It is definitely a great day to be an Acumatica Partner!
If you want to learn more about Acumatica feel free to contact us.
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