Acumatica vs MIE Trak Pro
Last Updated:Our analysts compared Acumatica vs MIE Trak Pro based on data from our 400+ point analysis of Manufacturing Software, user reviews and our own crowdsourced data from our free software selection platform.
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- Increased Productivity: Acumatica contains a range of automated capabilities, such as the creation of tax filing reports, calculation of realized gains and losses and tax calculation. By automating these workflows, organizations save employees time and increase productivity.
- Centralized Database: Personalized dashboards and real-time visibility into business processes help reduce inconsistencies and communication errors.
- Support for Multiple Currencies: This system supports transactions across multiple currencies. This is especially beneficial for companies that do business internationally or that have operations in numerous countries.
- Multi-Site Management: Provide users with a broader view of a company’s financial health and status by either segmenting or centralizing accounting among various locations and entities.
- Streamlined Compliance: Tax management capabilities help ensure adherence to tax guidelines. Calculating taxes can be a difficult process, so Acumatica aims to reduce the headache by accounting for use, sales, withholding and other types of tax.
- MIE Kiosk: Clock in and out to obtain intel on work orders, allocate BOMs on work orders, evaluate shop floor drawings and include comments on work order collection records to run a smoother shop floor. Obtain data on each job assigned to a specific machine.
- MIE File Reader: Import and seamlessly convert data to PDF, CSV, Excel or text files for efficiency and effortless file management.
- Inspection: Chronicle inspection information for all work orders appointed to a particular item's procedures and review statistical data to make well-informed business choices.
- Manifest: Archive several packing slips and invoices on one shipping document, saving time and boosting productivity.
- Router: Select routers for work orders and edit, copy or create routers within templates to avoid wasting time crafting them from scratch.
- Inventory: Pinpoint stock via serial numbers, barcodes, lot numbers, etc., instead of wasting hours sifting through hundreds of items. Sort objects by all measurement units, including coils, pounds, sheets and more.
- General Ledger: Track all financial transactions occurring in a business and create financial statements such as the income statement and balance sheet. This feature enables users to structure the general ledger by accounts and subaccounts. Users can segment financial reporting by aspects such as department or product to glean more specialized insights.
- Accounts Receivable: Develop and send out invoices for owed payments that have yet to be received and format invoices for printing purposes, PDF or HTML. It also accepts PCI-compliant credit card transactions and can handle refunds, voided transactions and manual charges. The program can connect to bank processing centers through included plug-ins or can be built by the user through Acumatica’s SDK.
- Accounts Payable: The Acumatica accounts payable function contains prepayment tools that allow users to manage requests, apply prepayments to invoices as they come in and issue prepayments. The program can calculate use and VAT taxes and create tax filing reports automatically. Payments can also be aligned with cash flows to reduce the likelihood of late charges.
- Cash Management: The cash management tool integrates with GL, AR and AP functionality. Update balances and store transactions linked to vendors and customers by inputting them into accounts payable or receivable. The program also transfers funds between accounts and supports multiple currencies.
- Currency Management: Calculate realized gains and losses automatically from transactions made with foreign currency, adjust unrealized gains and losses, and prepare auto-reversing entries for open documents that are recorded in a foreign currency. The program adheres to FASB-52 standards for currency translation.
- Tax Management: The program supports use, sales, withholding, VAT and reverse VAT taxes. Calculate taxes automatically based on the assigned tax zone or tax category or make manual adjustments directly within the system. Additionally, taxes are posted to a tax liability account in the general ledger.
- Deferred Revenue Accounting: Acumatica leverages user-established schedules to calculate deferred revenue automatically. Develop schedules using templates or completely from scratch. Post deferred revenue automatically to various financial statements.
- Sales Order Management: Input and manage sales orders efficiently. Convert sales orders into quotes or PDF files into sales orders, and handle several salespersons and commissions at once via the sales order management appliance.
- Work Order: Draft work orders with the ideal product amounts in a single run on the shop floor. Work orders fit most manufacturing modes such as made-to-stock, made-to-order, engineer-to-order, Kanban and others.
- Scheduling: Obtain total visibility of work centers and know when they are overloaded or exceeded user capacity. The advanced planning scheduling (APS) extension offers work order dragging and dropping, splitting or implementing whiteboard schedules.
- Quality Control: Chronicle inconsistencies from customer returns, in-progress manufacturing problems and supplier item rejections. Establish rejection reasons, item dispositions, failure types and corrective or preventive actions taken.
- Repair and Maintenance: Schedule equipment recertification dates and warranty work and manage spare parts inventory. Trace machine locations, maintenance and asset information on shop floors.
- Project Management: Govern large projects with numerous RFQs and quotes, customer purchase orders and sales orders. Track quotes, sales orders, work orders, shipments and invoices.
- Dashboards: Manage work progress and system information with graphic display charts. Graph data in various arrangements such as pie charts, bar charts and more.
Product Ranking
#2
among all
Manufacturing Software
#159
among all
Manufacturing Software
Analyst Rating Summary
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User Sentiment Summary
378 reviews
130 reviews
Acumatica has a 'great' User Satisfaction Rating of 87% when considering 378 user reviews from 5 recognized software review sites.
MIE Trak Pro has a 'great' User Satisfaction Rating of 87% when considering 130 user reviews from 3 recognized software review sites.
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Synopsis of User Ratings and Reviews
Acumatica reviews from the past year paint a contrasting picture. Users seeking a flexible, scalable, and cloud-based ERP solution with seamless integrations often sing its praises. They especially appreciate the ability to adapt to business growth without data disruption, unlike more rigid on-premise options. Additionally, the user-friendly interface and mobile app access are lauded for boosting productivity and accessibility. However, Acumatica's strengths come with drawbacks. Compared to basic accounting software, its higher cost per application can be a hurdle for smaller businesses. Users with complex needs also mention a steeper learning curve, potentially requiring dedicated IT personnel or consultants. And while its reporting capabilities are decent, some power users crave the advanced customization and drill-down functions offered by specialized reporting tools. Acumatica's biggest differentiator lies in its open architecture and customization options. Unlike some competitors with limited customization or reliance on pre-built modules, Acumatica allows businesses to tailor the platform to their specific workflows and processes. This flexibility comes at a cost, potentially requiring in-house expertise or external support, but for growing companies seeking a future-proof ERP solution that adapts to their unique needs, Acumatica shines. Ultimately, choosing Acumatica involves carefully weighing its strengths, weaknesses, and unique value proposition against your specific business needs and budget. If flexibility, scalability, and robust integrations are top priorities, and you're prepared for the initial investment, Acumatica could be the perfect fit. But if cost-effectiveness and out-of-the-box functionality are paramount, exploring alternatives might be wiser.
MIE Trak Pro is a hefty manufacturing ERP system with a wide assortment of features that showcase real-time information on multiple shop floor areas. The majority of users say the customer support team is knowledgeable and fast in responding to and resolving problems that may arise within the system. Other users say the accounting module isn't the best bookkeeping tool because it doesn't easily integrate with specific credit cards, bank accounts or payroll services. Users also complain that the overall performance is sluggish and has too many bugs, glitches and error messages. Generally, users find this program an effective ERP worth implementing into their routine manufacturing practices.
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