M3 Technology Group

Acumatica Helps M3 Technology Group Unify Operations and Grow

Download Case Study
Acumatica Cloud ERP solution for M3 Technology Group

Video transcript: M3 Technology Group Video Testimonial

M3 Technology Group was founded in two thousand and two with just three employees. Today we're up to one hundred and fifteen employees over four different branches throughout the southeast. We service our clients primarily with audiovisual technology, we also work in structured cabling, telephony, access controls. Our system before Acumatica was basically a server based system that required us to enter a new sales order for every service ticket that we had. That led to also having a filing cabinet full of paperwork. It was not easily searchable. It was slow. You're basically operating out of several different platforms all at once just to achieve one common goal. We researched NetSuite, Sage products, SAP. Once we started pricing things, no competition, so all those fell off the board. Acumatica was on the rise while the others felt like they were fading away. Now that we have Acumatica, everything from our intake to our scheduling to our inventory to our ordering and billing, it's all done from the same location. It's made everything much more efficient. So the Acumatica app allows our field technicians actually interface with the cloud based system so that our project managers and departmental managers can track time and expenses on a day to day basis without the technicians actually needing to sit down on a laptop. It's fantastic. For our service technicians that are in the field, for them to be able to access the most up to date information, to be able to modify their tickets and input information on the fly, it's critical to what we do. Acumatica has the ability to provide custom dashboards. I'm able to look at where the projects stand, look at projects that are on our horizon in the next two, three, four weeks so that we can gather materials, assign project managers, and really just streamline our entire process. Acumatica has given me insight into the service department that I previously didn't have. It's given me a bird's eye view of what's going on in the entire department. The best thing I can ask for when I work with software is support, of course. And Acumatica to me is what I like say to Apple and Starbucks customer service type. Acumatica has been with us through an explosion of growth and they've changed with us and helped us. I would absolutely recommend Acumatica to businesses not just in our industry but really in any industry. It enables us to track time and materials and expenses, generate accurate costing analysis of where our projects come out at. And really again the cloud based functionality means that our employees are able to conduct their business anytime, anywhere. Anywhere.

Acumatica Cloud ERP solution for M3 Technology Group

Company Highlights

Location

Headquartered in Nashville, TN; with operations in Knoxville, Huntsville and Memphis

Industry

Service Management, Telecommunication

System Replaced

New to Cloud ERP

Sub-Industry

Professional Services, Information Technology

Number of Employees

100-250

Revenue

$10M-$50M

Product Used

Acumatica General Business Edition

Applications Used

Financials, CRM, Project Accounting, Service Management, Field Service

Integrations Used

Velixo

60%

growth in revenue in 2 years

90%

less time for quoting process

25%

contribution of revenue from field services expansion

Challenges

M3 Technology Group designs, builds, and installs turnkey audiovisual systems and ran on an outdated on-premise ERP system called Everest Software, which hindered growth and efficiency. The system lacked real-time project cost tracking, required manual data entry, and was slow over VPNs, frustrating mobile teams. Creating quotes with 20-50 line items took 30 minutes, and notifications were unreliable. The company did not have project-cost profitability in real time.

“With our previous system, creating quotes with 20 to 50 line items took nearly half an hour due to the slow search and look-up operations of the software.”

Kelly Burns, Former COO

M3 Technology Group

ERP Solution

M3 Technology Group chose Acumatica for its cloud-based ERP capabilities, unlimited user licensing model, and extensive customization potential. Acumatica was affordable and offered flexibility to configure the platform to the way M3 does business. Its ability to integrate project management, order processing, and inventory management into a unified system addressed M3’s operational needs. Acumatica was also user-friendly and was easy to search.

“Acumatica appeared to have everything we wanted and the project accounting we really needed.”

Kelly Burns, Former COO

M3 Technology Group

Outcome

With Acumatica, M3 Technology Group experienced a 60% revenue growth in two years without increasing finance staff. They streamlined quoting processes, reducing time from 30 minutes to minutes, and gained real-time project profitability insights. The Field Services division expanded and contributing 25% of revenues, while mobile teams benefited from seamless connectivity. The easy-to-use platform drove high adoption rates, while streamlined and automated workflows provided data faster, leading to better decisions.

“With Acumatica we can see progressive job profit and loss on a daily basis rather than at the end of a project when it’s too late to make adjustments.”

Kelly Burns, Former COO

M3 Technology Group

Discover Related Customer Stories

Mozaic successfully implemented Acumatica Cloud ERP system

Mozaic

Mozaic Launches New Strategy Saving Other Nonprofits with Flexible Acumatica Cloud ERP
The Learning Lab successfully implemented Acumatica Cloud ERP system

The Learning Lab

Educational Center Sparks a Love of Learning and Builds a Strong Financial Foundation on Acumatica…
Additive-X successfully implemented Acumatica Cloud ERP system

Additive-X

UK 3D Printer Specialist Additive-X Transforms Business with Acumatica

Ready to see Acumatica in action?