Recently, on November 18th, Acumatica announced that it had raised $10 million in funding. At first $10 million didn't look like that much to me because Xero, a SaaS ERP product aimed at smaller companies, announced on October 14th that they had raised $150 million in funding. However, the problem with Xero is that they are still not profitable, while Acumatica CEO Yury Larichev claims to be already profitable with the comment, "We do not need more funding because we are already making money." … [Read more...]
A Concrete Reason for SaaS
November wasn't a very perpetual month for this endeavoring PAL. My wife and I had our second child and we have been adjusting to life with two kids. So Acumatica took a backseat (as it should have). However, in this post I'd like to revisit the previous post on my experience with Acumatica on iPhone. Thanks to Gabriel for commenting on the post and setting me straight that indeed Acumatica does work on the iPhone. I tried using my iPhone to connect to the Acumatica Partner Portal which runs … [Read more...]
Acumatica on iPhone
When I first began using Acumatica, I tried to connect using my iPhone but was unable to. Tonight I decided to try again, but I'm still having the same problem. I can login, but I'm not able to click on any of the navigation links (like Finance or Time & Expenses in the screenshot below). I'm not sure what I'm doing wrong. Does Acumatica work on the iPhone? This article seems to indicate that it does, but it's old (from 2010) and the link that it refers to … [Read more...]
Positioned for a cloud burst?
It seems like everything that we hear about these days in the IT arena is focused on the cloud. Of course, Acumatica can be run in the cloud and even was the first ERP application to be available for the Windows Azure cloud. However, I think that we will see the cloud burst at some point, or at least have a hole punched in it. Why? People still own houses and cars. We don't all rent and we don't all lease our cars. If you have a long-term view, there is an economic advantage to owning a … [Read more...]
Tabbed Browsing Benefits
One of the many benefits to using software that is web-based is that you do all your work in an internet browser and internet browsers are pretty flexible. There are lots of them to choose from and most of them have a pretty extensive list of features. For me, I prefer Google Chrome. It's fast (this is the most important feature), all my bookmarks and browsing history sync with the Chrome app on my iPhone, it's minimalistic design makes more room for viewing webpages, it has one field for … [Read more...]
F120 Passed
Tonight I passed the F120 Advanced Accounts Receivable (V3.0) course. I had some trouble with the customer statement feature in the beginning because it seemed to me that you could create multiple customer statement cycles for the same set of customers. It wasn't clear to me that you have to assign a customer statement cycle to a customer in order for it to do anything. I was using the Prepare Statements (AR503000) screen and things seemed to be processing fine, but when I would go to Print … [Read more...]
F110 Passed and Hard Closing of Sub Modules
I'm starting to gain a little bit of momentum in getting through the Acumatica University courses correctly. Tonight I passed the F110 Advanced General Ledger (V3.0) course. One of the things that stood out to me this time around is the hard closing of sub modules. The product that I currently use (Sage 500) is just now finally incorporating this into their current version (7.5). It's nice that Acumatica is including this from the beginning. I wanted to test that the hard closing of sub … [Read more...]
iPhone ERP Learning
One of the reasons that I like posting videos that are zoomed in (rather than showing my entire computer monitor) is that I like consuming content on my iPhone while I'm on the go. I like listening to the Tech Tuesday series on the Acumatica University site, but I don't like that the video portion is showing the full screen of a computer monitor because it makes it impossible to watch on my iPhone. In the case of Tech Tuesdays, I don't think there is an alternative because they need to show the … [Read more...]
Acumatica Version 4.1
Since I finally passed F100, I decided to upgrade to version 4.1 before proceeding any further with the Acumatica courses. My experience with the upgrade was similar to my experience with the installation, very simple and straightforward. There are a few new things in version 4.1 that caught my attention: … [Read more...]
F100 Passed!
It has been over a month since training courses take 2. Today I had my examination for F100 Hands-On Financials (V4.0) and I passed! It took me a while to get through the exercises again because of family vacation and Summer house projects. Hopefully I'll be able to tackle the next exam, F110 Advanced General Ledger (V3.0), in less time. … [Read more...]
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