Building on the trusted Velixo platform, Velixo for Acumatica Construction offers a powerful new solution that bridges the power of Excel and Velixo's unique features and functions with dozens of pre-built templates specifically designed to address the unique challenges of the construction industry, for Acumatica users.
Today's contractors rely on either manual Excel spreadsheets or multiple systems across the project lifecycle, from takeoff and estimating, to cost accounting, forecasting and financial reporting.
Acumatica Construction provides the operational and financial foundation for project execution, as the data and ERP layer.
Velixo for Acumatica Construction completes this ecosystem by extending Acumatica's data directly into Excel for real-time reporting, forecasting, and writeback with optionally reporting and data imported from Velixo's new integration with STACK for pre-construction takeoff & estimating.
"Combined with the powerful features of Acumatica, Velixo's unique Excel-based features and functions, and our years of expertise working with Construction businesses, we decided to fill gaps and solve the key challenges our users reported time and again. We're very proud to bring this new product to the ecosystem!" says Gabriel Michaud, Founder & CEO at Velixo.
A New Standard for Construction Reporting
This new solution includes a library of purpose-built templates for construction project accounting & forecasting, all powered by Velixo's real-time connection to Acumatica.
Highlights include:
- Cost to Complete Forecasting: Track cost codes, model scenarios, and write updated estimates back to Acumatica.
- Work in Progress Reporting: Monitor earned value, over/under billing, and forecasted profit and generate WIP adjustment journals instantly.
- Project Profitability: Review revenue, cost, and completeness metrics with a single refresh.
- Estimates vs. Actuals: Spot variances early with live comparisons of planned and actual costs.
- Commitments, Cash Flow Reports: Consolidated visibility into AP, AR, labor, and purchasing activity.
- Labor and Timesheet Insight: Clear, drillable views into hours and expenses by project.
Bidirectional Integration for Construction Workflows
In addition to creating Project Forecasts or Cost Projections using dedicated Writeback functions, a significant feature of the platform is Universal Writeback which allows users to create or update data in any Acumatica object. Scenarios that are also pre-built as templates directly from Excel include: updating AP Bills, Projects, Cost Codes, Contracts data in bulk.
This eliminates hours of manual data entry, reduces errors, and keeps project information accurate across the ERP.
"Writeback alongside reporting is a game changer for construction teams," added Damien Zwillinger, CPO at Velixo. "Project managers and accountants can save significant time and automate a decent part of their Construction processes in Excel using Velixo, this includes correcting issues the moment they see them, without navigating multiple ERP screens."
Built for the Way Construction Teams Already Work
Construction finance teams and project managers rely heavily on Excel for analysis, forecasting, and reporting. Velixo for Acumatica Construction embraces that reality and connects Excel to Acumatica in a way that feels natural, fast, and seamless.
Key benefits include:
- Real-time reporting in Excel, across objects, with no manual exports
- Faster and more accurate WIP cycles
- Better cash flow visibility and control
- Timely and accurate project forecasts CFO can trust
- Standardized data entry and collaboration across teams
- Clean, up-to-date project data in Acumatica
- Dramatic reductions in manual work and re-entry
Velixo for Acumatica Construction is available today for all existing Velixo NX customers with Acumatica Construction. Template packs can be accessed through the Velixo Portal.
About Velixo
Velixo empowers construction finance, accounting, and operations teams to do real work faster right inside Excel. Designed for mid-market ERPs including Acumatica, Sage Intacct, and Microsoft Dynamics 365 Business Central, Velixo connects Excel directly to the ERP for live data, real-time reports, seamless writeback, and full governance. If you know Excel, you know Velixo. Learn more at www.velixo.com
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Source: Velixo
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