What is Acumatica ERP? Who Owns Acumatica? (And Other FAQs)

Acumatica FAQs

When you type Acumatica ERP into Google, you might notice a series of related questions and searches that people often ask such as who owns Acumatica, what is Acumatica used for, or how much does it cost?

In this article, we’ll dive into answers to some of those frequently asked questions.

What is Acumatica ERP?

Acumatica ERP is one of the fastest growing cloud-based ERP systems for small and mid-sized businesses. With features that span core accounting, financial reporting and CRM to manufacturing, construction management, and wholesale distribution (and more), each application is fully mobile to allow access anywhere on any device at any time.

It’s a truly modern ERP system that was natively built in the cloud.

Who Owns Acumatica?

Founded in 2008 and headquartered in Kirkland, Washington, Acumatica is a US-based company with thousands of customers running its popular cloud-based ERP system in over 50 countries. In 2019, Acumatica was acquired by EQT Partners, a global private equity firm based in Stockholm, Sweden. Over the last several years, Acumatica has been one of the fastest growing cloud ERP companies in the U.S.

Who Uses Acumatica?

Acumatica boasts over 10,000 customers (as of this writing) using its cloud-based ERP system throughout the world. According to publicly-available data, a majority of those customers are based in the United States and are typically small and mid-sized companies.

Read about some customer success stories of companies using Acumatica ERP.

What is Acumatica Used For?

Like any ERP system, Acumatica helps you manage accounting, operations, customers, vendors, employees, and many other aspects of running a business efficiently and effectively.

In particular, Acumatica ERP provides functionality for:

  • Financial Management and Accounting
  • Payroll Processing
  • Customer Relationship Management (CRM)
  • Inventory and Warehouse Management
  • Manufacturing Management
  • Project Accounting & Professional Services
  • Point-of-Sale (POS) and Retail Operations
  • eCommerce
  • Construction Management
  • Much more …

How Much Does Acumatica Cost?

Acumatica pricing is based on the computing resources and applications you actually use. Three key factors that determine the cost are the applications or modules you need, the type of license you prefer (SaaS, private cloud, etc.), and your transaction volume.

This is a unique pricing approach when compared to most other ERP software that charge per user regardless of how much or often that user accesses the system.

Acumatica ERP software is sold and supported by a worldwide network of Authorized Partners and Resellers.

More Detail on Acumatica Pricing

What Technology Platform Does Acumatica Use?

Acumatica ERP is built on the Cloud xRP platform which is a versatile framework and application development platform that empowers developers to easily customize the software system to the way you do business.

More on Acumatica Platform

Who Are Acumatica Competitors?

There’s a very wide range of ERP systems available to small and mid-sized businesses. But some of the top competitors to Acumatica Cloud ERP include:

  • Sage Intacct
  • Oracle NetSuite
  • SAP Business One
  • Microsoft Dynamics 365
  • Odoo ERP
  • Syspro

Is Acumatica Easy to Learn?

User adoption is key to a successful ERP implementation process. That’s why Acumatica was designed to be both intuitive and easy to learn. Because it’s completely browser-based, you’ll likely already be familiar with core functions that are similar to what we’re all accustomed to when navigating and browsing the internet.

In fact, Acumatica ERP scored higher than its peers in the Winter 2023 mid-market usability index published by G2 and has achieved similarly high scores in the same and similar surveys in years past.

What is Acumatica Open University?

Acumatica Open university is a website dedicated to anyone eager to learn about Acumatica ERP.  You’ll find a variety of instructional videos, learning paths, training tutorials, and other materials that will accelerate your learning and knowledge of Acumatica ERP.

In a nutshell, there are 3 learning paths designed for Acumatica Consultants, Acumatica Developers and Acumatica Customers. But more specifically, the course catalog consists of in-depth user guides, multi-session training videos, and even quizzes to test out what you’ve learned.

More on Acumatica Open University

What Version of Acumatica Do I Have?

To determine the Acumatica ERP software version and build number you’re current running, go to Tools > About and the information will display in a screen overlay. The information is also displayed at the bottom of the login screen (before logging in).

Need Help with Acumatica?

Click below to find an Acumatica partner in your local area that can provide a demo, quote, consulting or software support.


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