Learn how businesses of all sizes are harnessing the power of AI.
Artificial Intelligence (AI) and Machine Learning (ML) are transforming how manufacturing and distribution businesses operate, offering enhanced productivity, data insights, and streamlined processes. Acumatica, the cloud ERP solution brings these cutting-edge technologies to every size business. Built-into this powerful platform, AI technology can deliver unparalleled advantages to every business.
AI-Powered Efficiency and Accuracy
1. Automate Time-consuming & Manual Processes
Acumatica has built-in AI and ML to help automate tedious manual tasks such as accounts payable (AP) bill capture, expense matching, and optical character recognition (OCR). This powerful automation not only speeds up these processes but also minimizes errors, ensuring greater accuracy and efficiency.
2. No More Mistakes in Your General Ledger Postings
One of the most time-consuming tasks in accounting is posting entries to the general ledger (GL). Acumatica’s AI tools help detect and correct incorrect ledger postings before financial periods are closed by flagging potential mistakes and then validating dates on financial forms, processes, and projects. It’s like having an accounting assistant who never makes mistakes.
3. Speed Up Your Expense Reimbursements
Acumatica’s AI capabilities also are used for employee expense reimbursement workflows. Employees can upload scanned receipts from their mobile devices, and the system uses OCR to populate the needed fields automatically. No more manual work for expenses, making it faster and less of a hassle for everyone involved.
4. Auto-Predict Text Helps Data Entry
Most people loath the monotonous task of data entry and after a few hours of it, we all make mistakes. Acumatica’s AI-powered auto-complete feature predicts text strings as you type in information, allowing for quicker and more accurate data entry. Over time, the system learns and improves its predictions, making the process even more efficient. What’s not to love about that?
The Competitive Edge of Acumatica’s Cloud-Native Platform
Acumatica’s AI and ML capabilities are part of a broader strategy to offer a robust, cloud-native ERP solution to all sized businesses, not just the enterprise level ones. Unlike legacy ERP systems that struggle with scalability and integration, Acumatica provides a seamless, flexible, and interconnected platform.
Acumatica’s true cloud-based architecture ensures easy integration with other software applications, seamless updates, and ubiquitous accessibility. This means you can easily modify and personalize the system to meet your specific business needs, all while benefiting from the latest technological advancements.
Additionally, you don’t need to have extra developers on staff. Acumatica supports low-code/no-code customizations, so you can easily tailor the system to your unique requirements, ensuring it grows with your business.
AI is Used Across All Business Functions
Acumatica ERP leverages AI and ML across various business functions, making it a versatile tool for improving operational efficiency. The technology is embedded in everything from customer service tasks to logistics to marketing.
Customer Service: customer service tasks are simplified by automating responses to common questions, searches, and by providing instant support. This reduces the workload on customer service teams and ensures quick, accurate responses to customer inquiries.
Human Resources: in HR, Acumatica’s AI tools help streamline recruitment by sifting through applications to identify top candidates. It is also used to improve a business’s onboarding processes and personalize employee development programs, making your HR operations more efficient and effective.
Data Analysis: AI technology is huge when it comes to analyzing all that data. Businesses gain the capability to uncover valuable insights quickly from vast amounts of data. These insights can inform strategic decisions, helping companies stay competitive and agile in a rapidly changing market.
Supply Chain Management: what if you could easily predict demand, optimize inventory levels, and streamline supply chain operations with the click of a few buttons? With the power of AI in Acumatica, the system can forecast future needs, reducing costs and waste while ensuring you meet customer demand.
Marketing: marketing teams also love the built-in AI tools. It helps create personalized content, optimize ad campaigns, and target the right audience, ensuring your marketing efforts are more effective and yield better results.
The Future of Business is Here
WAC Solution Partners have helped businesses of all sizes harness the power of Acumatica’s AI and ML capabilities. With new technology you gain a practical, responsible, and valuable approach to modern business challenges. Then, by using this technology, you achieve greater efficiency, accuracy, and strategic insight.
Ready to transform your business with AI? Give us a call today.
