By Allan Maurer
BETHESDA, MD – There is a lot of Enterprise Resource Management software in the market, admits Doug Johnson, Acumatica’s vice president of marketing and business development. But Acumatica is distinct in two ways, he says. It was built from the ground up to operate in the cloud, and it suits moderate-sized businesses that have grown beyond Quickbooks but don’t need expensive solutions such those from SAS or Oracle.
The 30-employee company was founded in 2006 and raised “several million dollars” from Cisco-backed Almaz Capital Russia Fund I, according to reports, in addition to private funding. The company has software development operations in Russia.
Acumatica delivers a complete set of business applications with dashboards, reporting tools, integrated document management, centralized security, and powerful customization tools.
All applications are web-based, which means that users with appropriate privileges can access the system from any computer or device using all common web browsers. The server software can be installed on client premises or hosted in a datacenter.
Johnson that offering the technology on a Software as a Service basis in the cloud allows company’s to deploy it from anywhere.
And he says, it means, “You can grow as fast as you need or shrink it in bad times if you need to.”
It also offers the software suite via a traditional license.
It’s financial features are good for mid-sized businesses that have outgrown Quickbooks type solutions, but are not ready for the expensive an SAS or Oracle product.
Acumatica sells through value-added resellers and Johnson says the company’s placement with VARS “Has been phenomenal.” It has from 10 to 15 deployments now and expects more as trains new VARS.
Johnson says development of the product is ongoing as the company adds new features. “We’ll do more modules such as a fixed assets module and a payroll module.”
Acumatica is one of 60 innovative companies selected to present at the upcoming Southeast Venture Conference in Tysons Corner, VA. (See: www.seventure.org) for more information.
Online: www.acumatica.com
