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SWK Technologies

Software Solutions & Services

Financials and Extended Accounting

Acumatica Financial Management

Acumatica Financial Management is feature-rich and fully integrated with our Customer Management, Distribution Management, Manufacturing Management, Field Services Management, and Project Accounting products.

Operate More Efficiently

  • Get a complete picture of your financials anywhere, anytime, on any device.
  • Automate key processes using workflows that are easy to configure and modify as your requirements change.
  • Gain real-time visibility into business performance with dozens of out-of-the-box financial reports and personalized dashboards.
  • Automate the process of entering timesheets, submitting expense claims, and assigning work with the Employee Portal.
  • Enable staff to collaborate using the same information in real time within Acumatica’s centralized database.
  • Extend your solution with modules developed by Acumatica-certified partners.

Grow Your Business with Ease

  • Move your data between public and private cloud deployments easily as your business needs change.
  • Add unlimited users at no additional cost. Never pay per-user costs again.
  • Use intercompany accounting to track financials and create reports separately for an unlimited number of related companies within your organization.
  • Seamlessly conduct recurring billing across customers, accounts, districts, organization, and channels and product lines.

Key Benefits

Increase Productivity

  • Close books faster with Acumatica’s time-saving automation and workflow
  • Drive month-end activities with fewer errors

Leverage Real-time Reporting

  • Gain immediate visibility into business activities and performance
  • Rely on Acumatica’s centralized database for a single version of the truth

Work Locally and Internationally

  • Reach international markets with cloud multicurrency, multilanguage, and multicompany capabilities

Manage Multiple Entities

  • Integrate financials across multiple business entities
  • Automate reporting, consolidation, payments, and cash management

Improve Strategic Decision-making

  • Gain better insights with Acumatica’s Business Intelligence capabilities
  • Slice financial reports by product, department, or any user-defined segment using sub-accounts

Features and Capabilities

GENERAL LEDGER

The General Ledger maintains the charts of accounts and controls financial periods, ledgers, allocations, and more. Gain instant access to mission-critical financial data with comprehensive and flexible reporting and analysis.

ACCOUNTS RECEIVABLE

Manage customer accounts and improve collections by automating processes and tracking. Generate invoices, send statements, collect and apply payments, verify balances, track commissions, and deliver customer reports.

ACCOUNTS PAYABLE

Manage vendor invoices, automate payment processing, predict cash requirements, track vendor balances, optimize available discounts, and deliver vendor reports.

CASH MANAGEMENT

Control day-to-day transactions, cash balances, funds transfer, and bank account reconciliation.

CURRENCY MANAGEMENT

Conduct business internationally and manage international subsidiaries.

TAX MANAGEMENT

Support centralized tax configuration, management, and reports.

DEFERRED REVENUE ACCOUNTING

Automate deferred revenue calculations for revenue recognition in future periods in compliance with ASC 606 and IFRS 15.

MOBILE APPLICATIONS

Gain real-time access to Acumatica using the native app on iOS and Android or use any web browser on any device. Enable employees to enter time and expenses, review cases, approve orders, and assign tasks from anywhere at any time.

RECURRING REVENUE MANAGEMENT

Manage recurring billing to improve cash flow, billing accuracy, and customer service.

FIXED ASSETS

Maintain complete visibility of fixed assets and depreciation calculations. Choose from a large inventory of predefined depreciation schedules or create your own.