When it comes to choosing the right ERP system, pricing can be a crucial factor. While thorough research is important, businesses often overlook how quickly pricing information can change. That’s why having the latest details is the key to making the best decision, and that’s where we come in!
In case you’ve chosen Acumatica as your ultimate business ERP platform to manage your crucial operations – you’re at the right place!
In this blog, we’ll be talking about the pricing details and what you can expect when it comes to Acumatica Cloud ERP pricing in 2024.
So, let’s begin!
The Role of a VAR Partner – The Way to Get Started!
Purchasing Acumatica business ERP and implementing it isn’t a process as usual as buying any software. Acumatica follows a partner-driven model to sell, which means it sells products through its partners. So, if you’re planning to buy Acumatica or wondering how to get started, you must purchase it from a certified Acumatica VAR partner.
An Acumatica VAR (Value Added Reseller) is a partner who resells the business ERP system and implements it as per your business requirements. The biggest advantage of having a VAR partner by your side is that you don’t have to go to multiple partners for Acumatica-related needs. They serve as the one-stop Acumatica ERP experts for everything, be it purchasing Acumatica, implementation, customization, integration, support, and more.
In order to get started with Acumatica, all you need to do is find the right partner for your business, define your business or system requirements to get the right solution and begin the implementation process. Your involvement in the technical part of the implementation is minimal when you buy Acumatica business ERP from a VAR partner, allowing you to focus on more strategic tasks.
All You Need to Know About Acumatica Licensing Guide
If we talk about Acumatica’s licensing models, it is crucial to understand that each of these models is offered for 3 different categories based on business size – Small Business, Advanced, and Enterprise.
| Small Business ERP Edition | Advanced Edition ERP | Enterprise Edition ERP | |
| Ideal For | Companies with 50 or Fewer Employees | Companies with 10-250 Employees | Companies with 250+ Employees |
| Active Users | 5 Active Users and can be additionally upgraded up to 10 | Unlimited Users | Unlimited Users |
| Add-Ons | Limited Access | No Limitation | No Limitation |
| SaaS Data Storage | 50 GB | 100 GB | 500 GB |
| Monthly Commercial Transactions | 2000 for up to 10 users | 20,000 for up to 100 users | 5,00,000 for up to 500 users |
| Monthly ERP Transactions | 40,000 for up to 10 users | 4,00,000 for up to 100 users | 10,000,000 for up to 500 users |
| Discount Opportunities | No Discounts | Qualifies for Some Discounts Year-Round | More Discount Opportunities |
An Insight into Acumatica ERP Pricing Model and Factors Defining Cost
Acumatica ERP follows a unique pricing model that is not user-based but a consumption-based model. It means you have the resources or functionalities you choose in your Acumatica system.
It clearly states that the Acumatica pricing isn’t the same for all organizations – rather, it entirely depends on your business needs. In addition, the cost of your Acumatica system also depends on different factors, from pricing to licensing to others.
There are majorly 3 key factors that define the Acumatica cost for any organization. Let’s give you a breakdown of all the factors to help you get a better understanding of the pricing model of Acumatica cloud accounting software.
1. Functionality
Acumatica, as an ERP, offers a suite of functionalities catering to businesses’ unique needs and requirements. Some of these functionalities are also industry-based. It is very unlikely that your business would need all of Acumatica’s functionalities.
To make it easier for businesses, Acumatica has broken down its products into “Modules” for specific business functions and “Editions” for specific industries. Here are the editions that Acumatica offers –
- General – offers accounting and financial reporting tools
- Manufacturing – Financial tools along with BOM, MRP, and other manufacturing tools
- Construction – Financial tools along with project management and job costing functionality
- Retail/Commerce – Financial tools along with order/inventory management and pre-built eCommerce integration functionality
- Distribution – Financial tools along with order and inventory management.
2. Transaction Volume
Unlike the majority of ERP software, Acumatica allows unlimited users through its consumption-based pricing model. Acumatica’s cost rather depends on the “Commercial Transaction Volume.” For that, you need to find out the resources your company requires for the transaction you anticipate.
Commercial Transaction Volume (CTV) refers to the highest single transaction volume recorded across various types of transactions – sales, orders, shipments, AR invoices, purchase orders, customer payments, purchase receipts, and AP invoices.
In addition, Acumatica also uses ETV (ERP Transaction Volume) to understand your usage. However, your ETV would never exceed the monthly limit without CTV being exceeded first. Therefore, CTV is a better way to anticipate and understand in which tier you’ll fall under.
3. Licensing
Acumatica ERP cost also depends on the licensing model you choose. This is also an area where Acumatica stands out from its contemporaries.
- SaaS Subscription: This is the model that a majority of organizations choose. Acumatica’s SaaS licensing model not only lowers the initial costs but also eliminates the cost of acquiring and maintaining servers for Acumatica ERP software. It usually offers the lowest total cost of ownership while maintaining the greatest flexibility for the customer.
- Private Cloud Subscription – The PCS licensing model also lowers initial licensing costs. As your business grows, it also offers flexibility to increase the subscription license counts at any renewal terms. If you want to self-host the Acumatica platform or with the help of a third-party vendor, this model is for you.
- Private Cloud Perpetual Subscription – The PCP model asks you to pay a one-time cost upfront to install and implement the Acumatica software on-premises or at your preferred hosting provider. It is more like the traditional ERP software licensing model that has been commonplace since the beginning. However, you have to pay a recurring annual maintenance fee.
Other Factors Defining Acumatica Cost
The aforementioned pointers are a few fixed factors that influence Acumatica’s cost. However, there are also some variable factors that define the cost of implementing Acumatica ERP for small businesses, mid-sized businesses, and enterprise-level businesses.
- Acumatica Implementation
- Acumatica Support
- Migration
- Acumatica Integration
- Acumatica Customization
- Acumatica Training
How Much Does Acumatica Cost?
Now that we have discussed many factors defining the cost of the ERP, you must have understood how much Acumatica actually costs. And if you are still figuring it out, the answer is, “There is no fixed cost.”
Acumatica pricing isn’t available publicly, and in order to find the right cost for your business, you need to understand your specific business ERP needs, functionalities that you’ll need, any add-ons, edition type, licensing, and other factors.
Since Acumatica must be purchased via a certified Acumatica reseller or a VAR partner, you’d need to get in touch with one for a detailed quote for Acumatica. An Acumatica cloud ERP partner can only be able to give you the right estimation after assessing your requirements and other associated factors.
Conclusion
By now, you already know that multiple factors are involved in deciding the cost of Acumatica implementation; a professional Acumatica partner can only help you find the right Acumatica ERP pricing for your business.
Greytrix is a certified Acumatica partner, and based on our experience, we can give you a ballpark price that most Acumatica monthly fee varies between $1800 and $3000 based on the features, functionalities, and user needs.
Let’s find you the right pricing for your business and embark on your Acumatica journey. Give us a call on +1 888 221 6661 or click here to get in touch.