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February 10, 2016 3:35 PM ET

Internet Software and Services

Company Overview of Acumatica, Inc.

Company Overview

Acumatica, Inc. provides cloud business management software solutions for small and mid-size businesses. It offers Acumatica Cloud enterprise resource planning solution that includes Financial Management Suite, which includes general ledger, cash management, accounts receivable, accounts payable, employee portal, currency management, tax management, deferred revenue management, fixed assets management, inter-company accounting, and payroll modules; Distribution Management Suite for managing purchasing and ordering complexities, tracking inventory, filling orders, and delivering customer support; Project Accounting Suite to manage budgeting, inventory, time sheets, billing, profitability, and...

4030 Lake Washington Boulevard NE

Suite 100

Kirkland, WA 98033

United States

Founded in 2006





Key Executives for Acumatica, Inc.

Chief Executive Officer
Co-Founder and Executive Chairman
Founder and Chief Technology Officer
Chief Operating Officer
Director of Communications
Compensation as of Fiscal Year 2015.

Acumatica, Inc. Key Developments

Acumatica Announces the Release of Acumatica 5.3

Acumatica announced the much-anticipated release of Acumatica 5.3 and demonstrated still more groundbreaking functionality in a future release. The update was unveiled at Acumatica's sixth annual Summit for partners and customers in Orlando, Florida, which set a new attendance record and was sponsored by a wide range of technology companies including Amazon Web Services and Microsoft Corp. Acumatica also announced the release of its payroll module that has been in Preview Release along with customers now live and successfully executing employee payroll utilizing Acumatica's leading Cloud solution. The current version of Acumatica 5.0 delivers a full ERP suite that includes financials, distribution, accounting and CRM. New features in Acumatica 5.3, which is focused on performance, stability and mobility include: Enhanced mobile app: Enables businesses and employees to enter, review and approve orders from anywhere, at any time. There are more scenarios than ever including mobile CRM, mobile sales orders and project time cards. New web services API: Easier and more efficient to use, dozens of lines of code reduced to one, designed for the future. Facilitating rock solid and durable integrations with ISV products and online services. Sales order reporting: New powerful reporting allows analysis of sales and profitability by customer, salesperson, order, item class, customer class and date. Marketing automation: Synchronization between Acumatica and HubSpot to connect outbound marketing activities with CRM lead flow and processes, built using integration services to facilitate synchronization of key activities. General ledger reclassification: Quickly and efficiently reclassify transactions during month end closing with full auditing and history tracking, removing tedious manual reversal and adjustments. Support for Amazon Aurora RDS:Acumatica expands the choice of database (DB) availability for customers by announcing support for AWS Aurora Remote DB Service, enabling customers to benefit from the multi-zone availability and redundancy of Amazon's fastest-growing DB service. Deeper integration with Microsoft Exchange: Acumatica makes it possible to synchronize data and records "including email, contacts, tasks and appointments "with Microsoft Exchange and Office 365 accounts. Acumatica 5.3 offers significantly improved performance and reliability in this area, as well as support for synchronization of all-day events, and tracking of email messages that contain references to cases or opportunities for inclusion in Acumatica ERP and association with corresponding entities. It also includes direct hyperlinked CRM records from your smartphone. Acumatica 5.3 is available as of February 1, 2016.

Acumatica Signs on Canadian ERP Software Powerhouse ACCEO as New OEM Partner

Acumatica announced that ACCEO Solutions Inc. has become an Acumatica strategic OEM partner. This important new partnership gives ACCEO exclusive rights to localize and distribute Acumatica ERP in the Province of Quebec, as well as the opportunity to use the Acumatica Cloud xRP platform for vertical solutions in North America.

Acumatica Announces Executive Changes

Acumatica announced the appointments of Kathy Visser-May as Chief Marketing Officer; and Nigel LeGresley as Chief Operating Officer, effective immediately. Marketing veteran Visser-May joins from Microsoft, where she spent the last 10 years, most recently as the Senior Director of Global IT Professional Strategy driving brand, storytelling, and evangelism for the technical audience business. Visser-May started her career in advertising, and moved on to hold leadership positions at PeopleSoft and Huber Marketing Group. LeGresley was most recently the VP of Finance at Tableau Software.

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