Acumatica 2023 R1 is the latest version of the popular business management software, and it comes packed with new features and improvements. If you attended Acumatica Summit this year, then you saw some of the incredible features firsthand during Acumatica’s Keynote presentation. From enhanced reporting capabilities to improved industry-focused functionality, this release is designed to help businesses of all sizes streamline their operations and boost productivity. Let’s take a closer look at what’s new in Acumatica 2023 R1.
Introduction to Acumatica 2023 R1.
Acumatica 2023 R1 is the latest version of the popular business management software, and it promises to be a game-changer for businesses of all sizes. With a range of new features and improvements, this release is designed to help businesses streamline their operations, boost productivity, and stay ahead of the competition. Whether you’re a small business owner or a large enterprise, Acumatica 2023 R1 has something to offer. Let’s take a closer look at what’s new in this exciting release.
Enhanced Reporting Capabilities.
One of the standout features of Acumatica 2023 R1 is its enhanced reporting capabilities. With this release, users can create custom reports with greater ease and flexibility than ever before. The new reporting engine allows for more complex queries and calculations, and users can now create reports that span multiple modules. Additionally, the new report designer interface is more intuitive and user-friendly, making it easier for non-technical users to create and customize reports. These improvements will help businesses gain deeper insights into their operations and make more informed decisions.
Improved Security Features.
Another key feature of Acumatica 2023 R1 is its enhanced security measures. This release includes improvements to user authentication and access control, as well as new encryption options for sensitive data. The software also includes a new security dashboard that provides real-time visibility into potential security threats and vulnerabilities. With these enhancements, businesses can feel confident that their data is secure and protected from cyber threats.
Streamlined User Interface.
One of the standout features of Acumatica 2023 R1 is its streamlined user interface. The software has been designed with user experience in mind, making it easier and more intuitive to navigate. The new interface includes customizable dashboards, improved search functionality, and a more modern look and feel. This not only improves productivity but also makes it easier for new users to get up to speed quickly.
Feature Benefits for Usability:
- Highlight and provide additional information about new features via the hover functionality, which will not interrupt the user’s workflow.
- Improve business event transparency by sending notifications about event activity to users who previously owned the event, such as support or sales staff.
- Optimize the approval process by choosing a user to receive another user’s approval requests over a predefined period.
- Increase visibility and find data faster with the preview mode, which renders recognized documents in the side panel.
- Balance user experience and security by allowing users to adjust the system’s default logout time in their preferences.
- Increase the accuracy of your internal controls and reporting by uncovering errors, omissions, or duplications by synchronizing fixed assets and GL periods.
- Boost precision and reduce manual errors with automatic tax zone assignment based on entered addresses (country, state, postal code).
- Track and analyze your pipeline’s performance and overall health while identifying opportunities for growth via robust out-of-the-box opportunity summary reports.
- Enhance tax reporting processes for your Canadian business by reviewing history and surfacing remittance reports in Acumatica before submitting the T5018 form to the Canadian Review Agency (CRA).
Upgrading Your Acumatica Instance
You needn’t wait for your dedicated account manager to initiate an upgrade process for you. If you are keen on migrating to Acumatica 2023 R1, simply submit a request HERE, and one of our team members will take care of sandbox deployment, user testing, and scheduling your GoLive date.
Check out our next article on “A Closer Look at the Upgrades to Acumatica’s Financials Module in 2023 R1” for more information on what you can expect from your future proof Enterprise Resource Planning (ERP) platform.