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Acumatica Forms Relationship with BDO USA, Building on its Financial Services Offerings

Acumatica, the world’s fastest-growing cloud enterprise resource planning (ERP) company, recently announced a strategic relationship with BDO USA, one of the nation’s leading accounting and advisory firms. The relationship was specifically created to meet the needs of an underserved segment of the mid-size enterprise marketplace: customers with exceptionally complex needs, large national or international requirements and companies that value independence in their ERP selection or implementation process.  

Customer satisfaction and choice is the mutual foundation between Acumatica and BDO. By reaching this underserved market segment, Acumatica will level the playing field for neglected enterprises who have been operating via disparate, on-premise systems that are hindering growth, scalability and profit. This underserved market will gain access to a cutting-edge cloud ERP solution that will help transform their operations by streamlining workflows, increasing visibility and driving value to the bottom line.  

Customer-Centric Approach 

The overarching value proposition that this relationship represents for customers is the ability to retain all the benefits of a local partner while simultaneously gaining access to all the capabilities of a large global thought leader. Mid-market enterprises will have the opportunity to work with both a VAR as well as a larger, multi-national partner – access that is typically coveted for larger enterprises. Shared clients of Acumatica and BDO will also have a relationship with an Acumatica Certified Partner from its international network of experienced resellers. 

Customers want and demand several things from their ERP vendor. They want to know their partner is being unbiased in their selection of the most appropriate solution to meet their needs. They want to know that their partner truly understands their complex business needs, and they want a partner that can work with them as they digitally transform their company.   

Customers also want the ability to grow and scale in excess of their current size or capability. This relationship gives Acumatica customers the opportunity to work with an industry leader who is focused on their ultimate success. As a result, customers will have a trusted business advisor that can act as the first and best line of support and service for all their needs.  

In this relationship, BDO will act as a single point of large international deployment of Acumatica technologies and work alongside Acumatica resellers to make sure larger more complex engagements with global companies are done successfully.  

Competitive Advantage 

BDO’s in-depth industry knowledge and its ability to deliver highly trained resources throughout the world give Acumatica customers a decided advantage over other mid-market ERP options. Because Acumatica VARs simultaneously help in the evaluation, implementation, training and ongoing support of the Acumatica ERP solution, customers can be assured they are receiving world-class software and services delivered locally by a firm that knows their company, their community, their industry and their unique needs.   

As an Acumatica service partner, BDO will help clients identify and evaluate the right business management solutions and provide end-to-end support for particularly complex or international implementations, including systems, processes and people integration. 

This new relationship is built on a mutual foundation of customer satisfaction and choice that both companies believe will ensure success. The opportunity for companies to work closely with a local partner and yet benefit from the global reach and thought leadership of an organization like BDO gives Acumatica customers an unbeatable competitive edge in the marketplace. 

Industry Impact 

Acumatica’s relationship with BDO builds upon its existing Project Accounting and Financial Management solutions. Acumatica’s offerings have been helping customers streamline operations, manage multiple entities, migrate legacy data and improve efficiencies to help customers realize a greater return on investment.  

When Coastal Community Credit Union (CCCU) wanted to improve efficiency of its financial reporting, the accounting department needed a solution that would enable them to swiftly automate and streamline their business processes. They chose Acumatica as their ERP platform to give the finance team tools necessary to empower the business while also giving them flexibility to achieve those outcomes as the needs of the business changed. 

“Coastal Community Credit Union has experienced increased visibility into financial reporting, budgeting and planning since implementing Acumatica’s Financial Management software system,” said Cerese Carlstrom, finance project consultant at CCCU. “Acumatica has helped streamline our financial operations, which enables us to manage multiple branch locations and internal departments with greater control and agility.” 

Integrated project accounting and ERP financial solutions provide an easier way for financial services leaders to monitor real-time progress, track costs, recognize revenue and reduce IT costs. Working with VARs to find the best solution for individual business needs can ensure a business stays on top of its finances and optimizes its time spent on accounting functions.  

This relationship will serve as a way for even more mid-market businesses to leverage cloud ERP solutions to elevate accounting and financial management services and experience the benefits of cloud-connected systems. 

By: Nigel LeGresley, chief operating officer at Acumatica 

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