Acumatica’s New Pricing Structure
Posted on: April 22, 2024 | By: Page Wildridge | Acumatica
Acumatica has unveiled its new pricing format for April 2024, with a series of strategic enhancements aimed at providing partners with a streamlined and optimized licensing model. This update, revealed in a recent webinar, focuses on improving access, scalability, and affordability across its product line, specifically targeting various business sizes and industries.
In this blog, we will cover a high-level overview of the key takeaways from the announcement.
New Product Lines and Pricing Structure
The introduction of new product tiers—Essentials, Select, Prime, and Enterprise—marks a significant shift towards a more flexible and scalable pricing strategy. These tiers are designed to cater to businesses of different sizes, from under 20 employees to 200+ employees, ensuring that organizations can select a plan that best suits their needs. The new structure is particularly beneficial as it allows unlimited user access within several of the tiers, which can drastically reduce costs and complexity for growing businesses.
Enhancements and Add-Ons
Acumatica has reduced the prices for many of its add-ons, making essential tools like CRM, project accounting, and advanced manufacturing capabilities more accessible. This reduction in add-on pricing is poised to enhance the value proposition for current and potential customers. This ensures that businesses can equip themselves with the necessary tools to manage their operations effectively without significant cost barriers.
Licensing Improvements
A standard feature of the new pricing model is the removal of ERP Transaction Volumes (ETV) from subscribed transaction tiers. Instead, ETVs are now tied to the selected product tier and are intended as recommendations for optimal user experience. This change aims to simplify the licensing process. Additionally, it allows businesses to scale their operations more fluidly without the constraints of rigid transaction tiers.
Reserved Resources and Processing Nodes
The expanded SaaS Reserved Resources offers businesses the ability to boost their system capabilities significantly. This is aided by the introduction of new processing nodes. These resources are designed to increase the volume of daily ERP transactions and API requests that can be handled. Overall, this will enhance system responsiveness and overall performance. This is especially crucial for enterprises requiring high scalability and performance reliability.
Promotional Offers and Continuity for Existing Customers
Acumatica is committed to ensuring that its existing customers can transition to the new pricing model without disruption. Special promotional offers and continuity plans have been designed to cater to the needs of longstanding partners. This ensures they benefit from the latest enhancements without undue financial strain.
Next Steps
Acumatica’s April 2024 pricing update presents a thoughtful reconfiguration of its product and pricing strategies to better meet the diverse needs of its customers. The update brings lowered costs on add-ons, a more flexible licensing model, and enhanced scalability options. With these, Acumatica is positioning itself as a more accessible and adaptable ERP solution in the competitive market. This strategic pivot not only supports current customer growth but also makes Acumatica an attractive option for new customers looking to optimize their enterprise resource planning systems.
Contact us today to speak to an expert at Logan Consulting about Acumatica’s new pricing structure.