Acumatica 2024 R2 Virtual Launch
Every year Acumatica ERP releases two product updates, R1 and R2. The virtual launch event for the Acumatica 2024 R2 product update took place on Wednesday, October 2nd with a general session and 4 industry specific breakout sessions. The event unveiled a host of exciting new features and enhancements, focusing on improving user experience, expanding industry-specific capabilities, and leveraging cutting-edge technology. Chief Product Officer, Ali Jani, promised this years updates have been the “most ambitious feature packed updates yet”.
2024 R2 contains the core building blocks of how the latest technology can be utilized to improve functionality. This update propels Acumatica ahead to where the future of technology is going. The developments and enhancements in this update work towards the idea of more “human-like” technology. Jani confirmed that Acumatica is working towards optimizing AI and machine learning to create a better user experience.
As always, these product releases are designed directly from user feedback and suggestions. 2024 R2 focuses on adding value across 3 major themes.
Customer driven innovations based of feedback and use site visits
Advancements in technology and exciting enhancements to the latest tools
Engineering for the future. Acumatica has and always will be built with the ability to be upgraded easily
Diving into product updates, the general business edition has made enhancements in automated banking, specifically, bank feed integration based on CSV and Secure FTP. Receipt transactions can now be automatically matched to debit transactions directly in Acumatica with this update.
One of the bigger announcements at the 2024 R2 Virtual Launch is that the new Professional Services edition released this month. This will bring crucial functionality to engineers, architects, construction consultants, IT and computer services. We will hear more information about the Professional Services edition the coming weeks.
Another highly anticipated topic was the new and improved User Interface (UI). The new UI is “a monumental step forward” for the future possibilities of Acumatica. The developers at Acumatica has said this upgrade is “more streamlined”, “gives you more control”, “more powerful”, and “easier to personalize”.
Users will have the ability to selectively adopt the new User Interface on specific screens for easy adoption. The new UI will be generally available in 2025.
Following the general session, breakout sessions were held with more details on updates in the Construction, Manufacturing, Distribution, and Retail editions. The overall message of the 2024 R2 Virtual Launch was about the future of ERP technology for Acumatica and what it will look like in the coming years. Their roadmap includes technology becoming more “human-like” and optimizing for efficiency. This includes using tools like Artificial Intelligence and Machine Learning to improve the already robust functionality.
The general session and break out sessions are available on-demand on acumatica.com