How Much Does Acumatica Cost Per Year? A Complete Guide to Acumatica ERP.
Comprehensive Enterprise Resource Planning (ERP) software is essential for businesses seeking adaptable, cloud-based technology to provide constant insights into business operations and performance. Acumatica Cloud ERP is vital for growing companies requiring a modern approach to scale their business. However, many people wonder: how much does Acumatica cost?
Understanding the cost of Acumatica is important for businesses wanting to use this ERP platform to expand their company. Especially given the many factors that contribute to varying costs between businesses.
We have gathered information on Acumatica ERP’s pricing structure. This includes factors that can impact the price. Plus, additional costs to consider when purchasing the ERP system. Let’s dive in!
Acumatica Pricing Model
Acumatica cloud ERP pricing is consumption-based, meaning you pay for Acumatica for the resources to complete your transactions. So, the price you pay depends on your organization’s needs. It’s also adjustable, allowing you to scale as your business grows.
Three primary factors influence the Acumatica ERP cost: your chosen applications, license type, and projected transaction volume. The cost of Acumatica for small and medium-sized businesses we work with typically ranges from $50,000 to $75,000. This cost varies based on your specific needs. Below is a breakdown of each factor to delve deeper and help you understand how much Acumatica costs.
Applications You Choose
Acumatica provides various applications that integrate with one another, allowing organizations to develop a system based on their specific needs. Organizations have the option to select any of the following applications:
- Finance
- Customer relationship management (CRM)
- Project accounting
- Business intelligence and reporting
- Manufacturing
- Distribution
- Field services
- E-commerce
If you’re concerned about the cost of Acumatica’s consumption based pricing model, consider starting small. Select the applications you know your business needs now. Then, as your organization grows, integrate additional applications into your system.
License Type You Select
The next factor influencing the total cost of Acumatica ERP is the type of license you select. Choose from the following license types:
- A SaaS subscription, where you pay an annual fee to run Acumatica software on the public cloud.
- A private cloud subscription, where you pay an annual fee to run your software on your server or through a hosting provider.
- A private cloud perpetual license, you pay a one-time fee for your license. You also pay an annual maintenance fee that recurs yearly. This license allows you to deploy the software on your own server or a server owned by your hosting provider.
Your Projected Transaction Volume
Acumatica ERP systems provide various tiers for computing resources. The projected resources needed to handle your transactions is part of your cost. Acumatica ERP software does not lock you into a specific level. So, you can start with a smaller amount and scale as necessary.
Acumatica Industry Editions
Acumatica provides many industry-specific editions to suit your company’s unique needs. There are four industry-specific variations of Acumatica, described below.
- Construction: Acumatica provides an edition specifically for work within the construction industry. The specialized solutions for construction organizations include general contractor accounting, home builder accounting, subcontractor accounting, and land developer accounting software.
- Wholesale distribution: Wholesale distribution organizations can benefit from this industry-specific edition of Acumatica. Industry applications in this edition include resources for a warehouse management system, inventory management, and order management.
- Manufacturing: Acumatica provides specialized solutions for the manufacturing industry. These include ERP manufacturing for capital equipment manufacturers, electrical equipment manufacturers, and high-tech manufacturers.
- Retail e-commerce: Finally, Acumatica offers specific solutions for retail e-commerce businesses. These tailored solutions include resources for commerce connectors, inventory management functionality, and order management.
Acumatica ERP Implementation Costs
Implementation costs for Acumatica ERP differ from licensing-specific costs. Like other costs in Acumatica, numerous factors influence implementation costs. But in general, expect your implementation costs to range from 1.5 to two times the cost of the software itself.
Implementation describes setting up Acumatica for your organization based on your specific requirements. The process typically requires help from third-party partners and takes a few months to a year to complete. Your exact timeline will depend on the complexity of your project.
Third-party partners will provide varying prices based on the following factors:
- The size of your company
- The complexity of your implementation process
- Whether customization is necessary during implementation
- Whether your team requires training for Acumatica
Acumatica ERP Maintenance and Support Costs
The total cost of ownership for Acumatica ERP depends on varying maintenance costs. Acumatica will charge an annual maintenance fee for upgrades to the system. Annual maintenance includes software upgrades, tax updates, service fees, and additional support maintenance required for on-premises software.
Also, at some point after your go live date, you will need support from your Acumatica ERP implementation consultant. Acumatica is stable and user-friendly, but like all software, unexpected issues can arise sometimes. When that happens, your Acumatica partner will be your first line of support, helping you get back on track as soon as possible.
Conclusion
Acumatica ERP is a vital solution for businesses across various industries. It sets itself apart from other ERP solutions by not charging you based on the number of users you have. But how much does Acumatica cost?
The total price of Acumatica varies depending on many factors. These include the applications you choose, your license type, and your projected transaction volume. The cost of Acumatica will differ depending on industry-specific solutions, implementation costs, and maintenance costs.
While determining the total cost of Acumatica ERP for your business might seem challenging, it doesn’t have to be. If you’re interested in learning what Acumatica Cloud ERP will cost your business, we’re here to help. Request a personalized quote today to determine how much you’ll need to spend per year on Acumatica ERP.
