Acumatica has just launched one of its most ambitious updates yet, Acumatica 2024 R2. This new release is packed with customer-driven innovations, cutting-edge AI advancements, and platform enhancements designed to streamline business operations and empower users across multiple industries. Whether in construction, manufacturing, distribution, or retail, the updates in Acumatica 2024 R2 are set to improve your efficiency and take your business to the next level.
Acumatica’s VP of Product Management, Jeremy Larsen, “In the R2 release, we prioritized the product roadmap and delivered value across three major themes: Customer-Driven Innovation, Advancing Technology, and Engineered for the Future.”
Customer-Driven Innovation at the Core
One of the standout features of the 2024 R2 release is Acumatica’s continued commitment to customer-driven innovation. Over 350 new features and enhancements were directly influenced by feedback from Acumatica’s growing community of over 26,000 members.
For the construction industry, improvements have been made to project billing, cash flow, and time-to-payment processes. New features such as on-demand pro forma invoice creation and the ability to add schedules of value lines on the fly are designed to streamline billing workflows, making it easier for companies to get paid faster.
The manufacturing edition introduces enhancements to the estimating module, which now allows manufacturers to estimate the costs for multiple quantities on a single estimate. This feature will help companies make more informed decisions before providing quotes to customers, ensuring profitability throughout production.
In the distribution edition, Acumatica’s new anomaly detection feature uses AI to identify potential issues in sales order margins, purchase orders, and AP bills. This proactive tool makes it easier to spot outliers, so businesses can act quickly to prevent losses and uncover new growth opportunities.
Embracing Advancements in AI and Technology
Acumatica 2024 R2 is not just about improving existing processes; it’s about embracing the future of technology. AI and machine learning take center stage in this release, particularly with the integration of. This powerful tool analyzes large volumes of data, identifies potential risks, and highlights opportunities for growth in real-time. Whether it’s sales margins, production variances, or incorrect project costs, AI is helping businesses make better decisions faster.
The release also showcases Acumatica’s push towards creating more “human-like” systems. Interactions with information are becoming more intuitive and natural, eliminating the barriers between people and technology. AI-driven processes are becoming more intelligent, with systems able to interpret human intent and respond more naturally. The example given during the launch event was the evolution of bank reconciliation, where AI can interact with users in a way that mimics human communication—delivering updates, anticipating needs, and offering solutions without the manual hassle.
Usability and Flexibility Across the Platform
A major highlight of the Acumatica 2024 R2 release is the continued modernization of the platform’s user interface (UI). The new UI provides users with greater flexibility, allowing them to personalize screen layouts and streamline workflows based on their specific needs. What’s more, the new UI is highly adaptable—users can toggle between simplified and detailed views, depending on their role and task at hand.
For organizations that require high levels of customization, the ability to apply these personalized screen layouts across teams and roles makes this feature particularly powerful. Users can easily switch between their default view and a personalized one, maintaining productivity without getting overwhelmed by complex layouts.
Expanded Industry Editions
One of the most exciting announcements from the Acumatica 2024 R2 launch is the introduction of the new Professional Services Edition. This new edition is tailored to engineering firms, architects, consultants, and IT services, offering advanced solutions for project-based accounting, milestone billing, and resource management. This long-awaited addition answers the needs of businesses that have been underserved by existing technology providers.
Alongside this new edition, existing industry solutions—such as those for construction, manufacturing, distribution, and retail—have all received significant upgrades. For example, retail businesses using Shopify and Amazon will benefit from enhanced B2B capabilities, including the ability to manage customer hierarchies, set company-specific pricing rules, and automate returns reconciliation with Amazon.
Conclusion
Acumatica 2024 R2 represents a massive step forward in ERP technology, providing businesses with the tools they need to thrive in today’s fast-paced digital landscape. With AI and machine learning capabilities at the forefront, as well as enhanced usability, flexibility, and industry-specific features, this release is designed to help businesses streamline operations, improve decision-making, and embrace the future of technology.
Upgrading your Acumatica system isn’t just about checking off a box—it’s about future-proofing your business. From improved security to enhanced productivity, the benefits far outweigh the costs. And with Acumatica’s constant innovation, each upgrade gives you tools to perform better and stay ahead of the competition.
As an Acumatica Gold Partner, Evron has the expertise to ensure your upgrade is smooth and efficient. Our team is here to help you leverage the full power of Acumatica’s latest capabilities, tailored to meet your business’s unique needs.
So, what are you waiting for? Upgrade your Acumatica system today to give your business the edge it needs. Connect with our team and let us help you take your operations to the next level with Acumatica 2024 R2.
You can register for the on-demand sessions to learn more about Acumatica 2024 R2’s new features and capabilities, and attend the breakout sessions tailored to your industry. If you haven’t already, now is the perfect time to explore how Acumatica can empower your business.
