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Acumatica

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Company Research Report: Acumatica



Company Overview



Name: Acumatica, Inc.

Mission: Acumatica aims to deliver a business management solution that helps companies thrive in the digital economy through a future-proof platform, rapid integrations, scalability, and ease of use.

Founded: 2008

Founders: Mike Shchelkonogov, Andrew Boulanov

Key People:
  • John Case, CEO

  • Wayne Kimber, CFO

  • Mike Shchelkonogov, Founder and CTO

  • Sanket Akerkar, Chief Revenue Officer

  • Martha-Lucia Groulx, Chief People Officer

  • Todd Wells, Chief Marketing Officer

  • Ali Jani, Chief Product Officer

  • Miten Mehta, Chief Engineering Officer

  • Jeff Smits, Chief Information Officer

  • Sean Chatterjee, Senior VP, Americas


Headquarters: Bellevue, WA, USA

Number of Employees: 600+

Revenue: No information is available.

Known For: Acumatica is the fastest-growing Cloud ERP company for midmarket businesses, recognized for its open platform, flexible deployment options, and customer satisfaction.

Products



Financial Management


  • Description: A comprehensive suite for managing business assets, income, and expenses.

  • Key Features:

  • Single source of truth

  • Automated processes via AI with machine learning

  • Out-of-the-box and personalized reports

  • Mobile access

  • Unlimited users


Commerce Connectors


  • Description: Native integrations with eCommerce platforms like Amazon, BigCommerce, and Shopify.

  • Key Features:

  • Integrates financials, inventory, and shipping with eCommerce storefronts


Construction Management


  • Description: Cloud ERP specifically designed for construction firms.

  • Key Features:

  • Project control

  • Business intelligence

  • Job cost accounting and project management


Manufacturing Management


  • Description: Complete control and planning system for multiple manufacturing methodologies.

  • Key Features:

  • Real-time insights

  • End-to-end production control

  • Flexible manufacturing planning


Inventory Management


  • Description: Streamline inventory processes with item management, quality traceability, and robust replenishment.

  • Key Features:

  • Balance supply and demand

  • Optimize stocking levels


Warehouse Management System


  • Description: Streamlines operations and transactions to reduce errors and automate processes.

  • Key Features:

  • Increases productivity

  • Reduces operational errors


Recent Developments



Recent Developments in the Company


  • Leadership Position: Acumatica named a leader in the 2024 IDC MarketScape Report.

  • Awards: Recognized in multiple industry evaluations for its ERP solutions.


New Products Launched


  • Acumatica Payments: Streamlines payment processing, integrating securely with financial and banking networks.

  • Acumatica Professional Services Edition: An upcoming solution enhancing project accounting, billing, and client lifecycle management.


New Features Added to Existing Products


  • New Financial Management Features:

  • Continuous closing

  • Enhanced mobile capabilities

  • International financial standards compliance


New Partnerships


  • Partnership with EQT Partners: Acumatica is owned by one of the world's leading investment companies, ensuring a strong strategic growth trajectory.


Note: For any other fields with no specific information found in the provided data source, please consider additional data sources or company interviews to fill those gaps.