Sep272024
ERP in contracts

Acumens Contract Payments

Managing contract payments can be complicated. This is so especially when juggling many schedules or unique payment terms. Acumens Contract Payments, an extension designed for Microsoft Dynamics 365 Business Central, and Dynamics NAV. It simplifies this process with its user-friendly interface and advanced features. Acumens helps businesses streamline their payment management. Here is how Acumens can revolutionize how you handle contract payments. It is the ideal solution for your business.

1. Flexible Prepayment Scheduling 

One size doesn’t fit all, especially in business agreements. Acumens allows you to customize prepayment schedules. It aligns with your customer and vendor agreements. Whether dealing with simple or complex payment structures. The flexibility offered by Acumens ensures you can adapt to any scenario. The ability to tailor your payment schedules. It translates into smoother cash flow management and stronger financial control.

2. Seamless Integration 

Worried about complicated setups? Acumens is easy to integrate into your existing sales and purchase processes. This seamless integration begins at the Quote or Order stage. It allows you to start and manage prepayment schedules without extra hassle. By removing the need for extra steps, Acumens keeps your operations running. It reduces disruptions and administrative overhead.

3. Dynamic Work Order Integration in managing contract payments

Tracking prepayments is crucial to maintaining clear financial records. Acumens links payments right to Work Order Numbers, ensuring precise tracking of funds. This feature is useful for businesses that need to manage many concurrent projects. It allows you to keep everything in sync with the General Ledger and Customer/Vendor Ledger. The result? A real-time overview of your financial data for improved decision-making.

4. Tailored Invoice Management

About invoicing, Acumens gives you control over how you handle invoices post-payment. You can opt for the automatic deletion of Sales or Purchase Invoices. You may do so once all postings are complete. This customization ensures that your invoicing process adjusts to fit your workflows. It provides clarity and efficiency in managing your financial records.

The Benefits of Acumens for Managing Contract Payments for Your Business

In summary, Acumens Contract Payments offers a robust solution. Acumens simplifies the complexities of managing contract payments. The key customer benefits include:

  • Improved Efficiency

Acumens reduce administrative overhead. Additionally, it boosts operational efficiency through seamless integration with your existing processes.

  • Enhanced Flexibility

 Customize prepayment schedules. Manage invoices to best suit your business needs.

  • Real-Time Financial Tracking

 Dynamic integration with Work Orders and financial ledgers. It offers clear visibility of your payment flows.

  • Tailored Solutions

 Acumens gives you the freedom to tailor invoicing and payment schedules. It ensures streamlining of your business processes to meet your unique needs.

If you’re looking to simplify contract payment management? Do you want to improve financial transparency, Acumens is the solution for you!

Supported Editions

 Supports the Essential and Premium editions of Microsoft Dynamics 365 Business Central.

Supported Countries

Available in all countries where Business Central is available.

Supported Languages

Currently available in English (United States)

For more information, contact SBC Dynamics. start managing your contract payments with Acumens!

Available on Microsoft AppSource