Paper trails and manual efforts have historically dominated every back office. For instance, finance departments do account reconciliation to guarantee that financial statements are correct and derived from one source of truth. Acumatica with Financing Dimensions, a vertical solution with a full suite of business management applications, collects, stores, and provides data insights promptly to serve customers exceptionally and deliver value. Embedded with a loans payable management feature, it ensures accurate billings and punctual collections to reduce risks by tracking and monitoring all customers with current liabilities.

Commissions and incentives motivate sales agents and brokers in the real estate industry to achieve desired revenue. Since it is only due upon the sale of a property, tracking commissions for real estate agents is tedious and may cause delays and inaccuracies. From there, communicating the timeline and how long the process may take is crucial. Acumatica with Real Estate Dimensions (RED) integrated with the commissions and incentives module provides a cloud-based commission management solution that processes incentive payout faster, reducing errors and increasing efficiency for sales teams to succeed.

As the goal for any real estate is to close the sale, it must be a win-win situation for everyone involved. Acumatica with Real Estate Dimensions (RED), embedded with the property financing module, provides the best solution to improve data consolidation from lead assessment through contract management. Streamline the sales contracts process by offering flexible financing options ensuring buyer needs are met to reap maximum benefits and income.

Property managers need access to accurate, real-time information to streamline these processes as it can dictate the entire success of the real estate business. Acumatica with Real Estate Dimensions (RED) is a vertical solution custom-built for property managers, developers, and contractors. Its property management feature allows property owners to control every aspect of their business anytime, anywhere, scheduling various critical tasks to be executed accurately and on time.

Many real estate companies struggle with capital adequacy issues as property costs constantly change due to market fluctuations. While some decided to offer discounts on ongoing property deals, others facilitated customer finances to meet their paying capacity. However, these activities should aim to build a new digital infrastructure that allows property sales to meet every customer’s needs. Acumatica with Real Estate Dimensions (RED) is a vertical solution designed to meet the needs of contractors, developers, and construction businesses to thrive in a customer-centric and profit-driven digital economy.

Financial institutions rely on and thrive on accurate data. It is vital to detect any overlaps from the available data and eliminate them as it significantly impacts the quality of financial analysis reports, causing additional accounting issues, including tax complications. Acumatica with Financing Dimensions (FIND), embedded with ROPOA, is the perfect technology for these financial systems set-ups allowing financial institutions to gain relevant business data by tracking and monitoring incoming and outgoing funds to drive business growth and establish effective control.

Driven by the emergence of technology-enabled competitors, assessing the financial soundness of the business is challenging, especially for commercial lending. Assuming lenders continue to operate with systems that rely on manual processes, operations and quality will suffer. Acumatica with Financing Dimensions (FIND), integrated with its loan management feature, is suited for timely approval and the scale of any unpredicted losses of the loan application process.

Companies jeopardize long-term profitability when they cannot control expenses efficiently, connect processes, or continuously optimize operations. ERP platforms must be able to rapidly integrate new business entities and applications while strengthening security to enable ongoing profitability. Unfortunately, many businesses spend months carefully implementing an ERP platform only to discover its incapability to support long-term growth.

Digital transformation is subjective, given its a customizable practice that looks different for each organization. It is evolving how businesses interact with their customers and how they conduct business processes. Given that digital transformation is essentially the process of equipping the right tools to integrate technology and strategy, focusing on this tool can help a company succeed in one.

Real estate development in nature is a complex and multi-disciplinary endeavor, and achieving digital transformation for Asian Conglomerate poses a challenge, given it has vertically integrated operations. Equip the best business management solution to transform it into a digitally resilient company with Acumatica with Real Estate Dimensions to achieve corporate goals that scale to changing demands, increase market share, and stay ahead of your competition.