Arkansas Federal Credit Union

Arkansas Federal Credit Union Leaps Forward with Acumatica Cloud ERP

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Acumatica Cloud ERP solution for Arkansas Federal Credit Union Acumatica Cloud ERP solution for Arkansas Federal Credit Union

Company Highlights

Location

Little Rock, AR, USA

Industry

Financial Services

System Replaced

Microsoft Dynamics (GP)

Sub-Industry

Financial Services, Credit Union

Number of Employees

250-500

Revenue

$100M-$250M, $2B-$3B total assets

Product Used

Acumatica General Business Edition

Applications Used

Financials, Deferred Revenue, Fixed Assets, Expense Management, AP Document Recognition

Integrations Used

Fiserv DNA (core processor)

25%

reduction in accounting and finance processing times

100%

increase in invoice payment frequency (once to twice a week)

100%

unified accounts payable in a single system

Challenges

Arkansas Federal Credit Union faced significant challenges with their legacy system, Microsoft Dynamics GP, which was outdated, lacked essential features, and required manual reporting. Disconnected processes, inefficiencies, and limited support highlighted the urgent need for a modern, scalable ERP solution.

"Dynamics GP was missing a lot of features, and a lot of the reporting was very manual. The functionality was just not there for us."

Jonathan Adams, VP/Controller

Arkansas Federal Credit

ERP Solution

Arkansas Federal Credit Union selected Acumatica for its scalability, cloud-based flexibility, and seamless integration capabilities. Partnering with Bartlett, Pringle & Wolf ensured a smooth implementation, leveraging their expertise in credit union operations.

“Going from Dynamics Great Plains, that we'd been on for so long, to Acumatica felt like we were coming 25 years into the future in one leap.”

Jonathan Adams, VP/Controller

Arkansas Federal Credit Union

Outcome

With Acumatica, Arkansas Federal Credit Union achieved significant efficiency gains, including doubling invoice payment frequency and improving transparency in corporate credit card charges. The intuitive platform strengthened internal controls and streamlined financial operations.

"Acumatica gives us a one-stop spot for just so many different tasks. It's easy to use, very intuitive. We are now paying invoices twice a week instead of once a week."

Jonathan Adams, VP/Controller

Arkansas Federal Credit Union

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