IOC Construction

Rapid Growth Spurs IOC Construction to Replace QuickBooks with Acumatica Advanced Construction Edition

Download Case Study
Acumatica Cloud ERP solution for IOC Construction

Video transcript: IOC Construction

IOC Construction is a reconstruction general contractor that focuses on multifamily and commercial apartment properties. We're based in Batavia, but it's Chicago. So if you have a thirty eight story high rise that needs every floor renovated, we can do that in a very short amount of time. Before Acumatica, we had four separate instances of QuickBooks for each of the companies. The way that we tried to unify those four sets of books was through Salesforce, which is not really what Salesforce is for. From an accounting perspective, not having those instances talk to each other was chaos. Every day was kind of playing like mystery solver. If we ran a project that had more than one trade, those projects would go into the different QuickBooks and everything would try to come together in Salesforce. So if you were going to, say, bill a project, you'd have to check all five to make sure that you've gathered all the information and inevitably you'd miss something. ILC is a textbook company that outgrew their old technology. You have data, but you can't use it. It's old data. You can't make good decisions on old data. Construction is a messy, messy industry. It's complicated. There's a lot of moving parts. Acumatica has done a really good job of simplifying that data in a clear way for us to be able to make decisions off of it. Now in Acumatica, you invoice it once, the costs go where they go, the revenue goes where it goes. The intercompany transactions happened in the background without having to do anything. It gave us a lot more visibility into how each company was performing on each of the projects. After Acumatica, I felt like we had a centralized place for all of our information and it made it effortlessly locatable. I would absolutely recommend Strategies Group. They're really a trusted partner for us, helping us expand and and come up with creative ideas and and ways to use the system. It really allows them to take actual active data and put it in front of people who need to make those decisions in the field and in the office. Acumatica is uniquely positioned today to provide construction companies that are growing like IOC a system that will grow with them for the next twenty plus years. Acumatica has taken processes that used to take me two to three days in QuickBooks and turn it into a button click. If you're in the construction industry, Acumatic is a no brainer. Having software that was purpose built for something that you do is a much different world than trying to convert software that was built for a very generic group of business people and trying to tailor it to your industry. With Acumatica, my daily tasks are cut at least half in time. When I build a project, it's seamless from opportunity to project. We have a really big trajectory for IOC for growth, and so we needed an ERP that could scale along with us, and that's what we found in Acumatica. Having the data and the tools inside of Acumatica had really allowed us to put the customer first. We're able to give them the best price possible using historical data for our projects. We're able to give them updates on their project every step of the way. Acumatica is the perfect balance in technology capability and price.

Acumatica Cloud ERP solution for IOC Construction

Company Highlights

Location

Batavia, IL

Industry

Construction

System Replaced

Salesforce, QuickBooks

Country

USA

Number of Employees

100-250

Revenue

$50M - $100M

Product Used

Acumatica Construction Edition

Applications Used

Advanced Job Cost Accounting, Fixed Assets, Order Management, Intercompany Accounting, Field Service

Sub-Industry

General Contractor for Commercial, Industrial, Healthcare Facility, and Multi-Family Contruction

6 staff

reassigned from data entry

35

minutes eliminated daily in formatting spreadsheets

300+

paper folders eliminated for project management

Challenges

General contractor IOC Construction has construction, painting, roofing, and handyman service divisions. It struggled to manage operations with four QuickBooks instances and other siloed systems, which led to data errors, manual processes, and reconciliation nightmares. Employees relied on paper files for 150+ projects annually, further complicating workflows. The lack of integration wasted time and hindered growth, making it difficult to track profitability, manage intercompany transactions, and maintain accurate financial data.

"Because our systems didn’t talk to each other, intercompany data was unbelievably difficult to maintain. Missing an entry in one company, became a humongous headache for us."

Joel Sisto, CFO

IOC Construction

ERP Solution

IOC chose Acumatica for its ability to consolidate four entities into a single platform, streamline intercompany transactions, and integrate CRM with accounting and project management. Its affordability, flexibility, and construction-specific features made it the ideal choice. The platform’s cloud-based accessibility and seamless integration with third-party apps provided a scalable solution, addressing the company’s need for a unified system to manage its operations effectively and support its continued growth.

"It was undeniable that Acumatica was the thing that we needed because it allowed us to do intercompany transfers and bring CRM into the same program."

Joel Sisto, CFO

IOC Construction

Outcome

With Acumatica, IOC streamlined operations, eliminated paper-based processes, and automated workflows. The company gained real-time visibility into financials, improved data accuracy, and enhanced productivity. Acumatica’s cloud-based access allowed seamless collaboration across teams, while integration with third-party apps supported scalability. Acumatica’s unified system enabled better project tracking, reduced errors, and provided actionable insights.

"Acumatica has been phenomenal. We have a really strong grasp on our financial picture, our margins, and conversion rates, and the data is relatively easy to pull."

Joel Sisto, CFO

IOC Construction

Discover Related Customer Stories

Carma Group successfully implemented Acumatica Cloud ERP system

Carma Group

With Actionable Construction Information, Las Vegas’ Carma Group Continues to Soar
Mid-States Companies successfully implemented Acumatica Cloud ERP system

Mid-States Companies

Storm Impetus for Mid-States’ Multi-Million Dollar Growth and Digital Transformation with Acumatica ERP
SAM successfully implemented Acumatica Cloud ERP system

SAM

UK Building Materials Manufacturer Grows, and Gains 24/7 Access with Robust Acumatica Manufacturing Edition

Ready to see Acumatica in action?