Gartner defines a product-centric cloud ERP suite as a set of loosely coupled products comprising: Operational ERP — supply chain and manufacturing-related functionality such as demand management, order management, material requirements planning (MRP), inventory management, supply chain/direct procurement, manufacturing control capabilities, and distribution/logistics. Financial management functionality (those vendors that provide only financial management as a suite are rated in a separate Magic Quadrant). Purchasing focused on indirect goods, services and capital equipment. HCM — for cost management as well as staffing for operational resources. Specialized, industry-specific modules or applications including, but not limited to, modules such as configure-to-order (CTO) or make-to-order (MTO), and field service management (FSM), or broader application solutions like enterprise asset management (EAM) and product life cycle management (PLM).

Cloud ERP for Product-Centric Enterprises

This market covers core financial management suites that provide a view of an enterprise's financial position through automation and process support for any activity that has a financial impact. According to Gartner's definition, core financial management suites include:
•	The functional areas of general ledger (GL), accounts payable (AP), accounts receivable (AR), fixed assets (FA), project accounting, project costing and project billing.
•	Financial analytics and reporting capabilities
•	Basic indirect purchasing functionality.
This market focuses solely on core financial management suites that are marketed and sold on a stand-alone basis and delivered as cloud services. It does not cover vendors that sell only a broader ERP suite that includes core financial management applications.

Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises

Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises Software

Gartner defines a service-centric ERP suite as comprising:

Financials, HCM and indirect procurement (administrative ERP)

 PSA — includes project planning and resourcing, project management, and project accounting and billing

Specialized industry-specific modules or applications — for example, grant management in higher education and public sectors

A service-centric ERP suite must provide at least financial management functionality from administrative ERP and either PSA or industry-specific modules for at least one service-centric industry. Optionally, the vendor may provide other administrative ERP capabilities (such as HCM and indirect procurement).

Service-Centric Cloud ERP Solutions

Core financial management applications provide visibility into an enterprise's financial position through automation and process support for any activity that has a financial impact. They include the core functional areas of general ledger (GL), accounts payable, accounts receivable (AR), fixed assets (FA) and project accounting. Our definition also includes basic purchasing functionality (from requisition to purchase order processing) but not strategic sourcing or e-procurement. Core financial management applications are sold as an integrated suite and also provide financial reporting as needed by local and international regulations.

Core Financial Management Applications

Core Financial Management Applications Software

Acumatica Cloud ERP Enterprise IT Software Reviews | Gartner Peer Insights

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Acumatica Cloud ERP

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FinancialForce ERP

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<50M USD

50M - 250M USD

500M - 1B USD

1B - 3B USD

Construction

Finance

Services

Healthcare

Manufacturing

Miscellaneous

Retail

Product is amazing and the frequent upgrade really keep you up to date with the latest functionality, but implementation requires a GOOD partner

Project Manager

Business model of working through VARs has pros and cons.  We've been able to accomplish amazing things over the past 2 years by integrating dispirit processes through a single ERP company-wide.  Very excited for what's coming around the corner.  Acumatica has handled issues appropriately when escalated.

Other...

Infor

IT Manager

We like the SAAS implementation and the ease of getting started and using the product.

We are also pleased that Acumatica seems dedicated to continuing to the technical development of the product as well as providing third-party partners who address specific functional needs.

Finally, we appreciate the tiered pricing structure.

Treasurer

The Cloud based solution allows for our team to be on the same page despite being a distributed workfiorce.  The ability to integrate partner solutions and have a consistent look and feel streamlines teh training and workflow.

Software Solutions

Acumatica support is staffed by amazingly knowledgeable people who are not afraid to admit that they do not have an answer and escalate the issue to those who might. They will try their best to resolve the issue to the point of including it in a patch on the next release.

HR Coordinator/AP

Now that we understand how to use Acumatica we really enjoy the benefit of it. 

Active

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