One Channel are 'upbeat' about future cloud prospects

cloud computing 1990405 1920Local cloud specialist One Channel is upbeat about the prospects of cloud computing in Africa, it says cloud platforms are enabling new, complex business models and orchestrating more globally-based integration networks

Cloud computing spending is growing at nearly five times the rate of IT spending and is expected to grow even more in future. IDC predicts that by 2018, at least half of IT spending will be cloud-based and will reach close to 70 per cent of all software, services and technology spending by 2020.

One Channel CEO Bernard Ford says Acumatica is perfectly positioned to capture the Cloud ERP market. "Not only was Acumatica Cloud ERP rated as 'Best Inventory Management Software of 2017' by PC Magazine, but it was also identified as a Visionary in Gartner’s June 2017 Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises."

PC Magazine tested five of the most popular inventory management software packages and Acumatica won. It says with its easy-to-follow navigation, robust reporting, and unusual pricing model, Acumatica is a solid choice for enterprise-scale accounting, ERP, and inventory management.

Acumatica received PC Magazine Editors' Choice in both the Enterprise Accounting and Inventory Management categories. According to the review, the product "excels in both these areas, and if you're in the market for an ERP system with excellent Financial Accounting capabilities and you're skewed towards the manufacturing and distribution industries, Acumatica remains a good choice there, too, and still earns its Excellent rating."

“We are justifiably proud of this Acumatica team accomplishment, but more importantly, we feel it’s a real validation of the success we are seeing in the marketplace.  We continue to generate strong momentum as customers in a wide range of industries evaluate and purchase our products and solutions,” says Jon Roskill, CEO of Acumatica.

According to PC Magazine, Acumatica Cloud ERP's Inventory Management module provides all the essential functions of inventory management software. It says the purpose of inventory management software is to track warehouse items through acquisition, sales, or use processes; locate them across one or many warehouses, and price and inventory so one knows the value of items in inventory for accounting purposes.

It states that an exceptional inventory management system will also track sales, purchase orders (POs), deliveries, and be tied to point-of-sale (POS) software. Finally, bar coding, item location, and bin identification are also functions one should look for in an inventory management system.

The PC Magazine review says Acumatica has easy navigation and the browser-based application makes it easy to use mobile devices. It states that non-user-based pricing easily accommodates growing company. Besides its excellent reporting, Acumatica runs on various databases, there are a wide selection of costing methods and it offers cloud or on-premises deployment.

Service-centric organisations are realising that growing their businesses requires moving their applications to the cloud. As cloud ERP solutions for service companies are varied, companies need to do their research and select the best one for their specific needs.

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