This publication was produced by IDC Custom Solutions. The opinion, analysis, and research results presented herein are drawn from more detailed research and analysis independently conducted and published by IDC, unless specific vendor sponsorship is noted. IDC Custom Solutions makes IDC content available in a wide range of formats for distribution by various companies.
Tester Construction Group (TCG) is a general contractor specializing in mixed-use multifamily residential projects. Located in Philadelphia, Pennsylvania, the company has approximately 40 full-time employees. The company realized it could not continue to operate on the software that supported its existing accounting system for several reasons: a lack of visibility into financial data, little aggregation of data and reporting capabilities, limited financial transparency of job costing, and insufficient manual processes. As the company grew, it needed more construction project management capabilities, including real-time job costing capabilities, improved cash management capabilities, visibility into all data, automation, and integration into other organizational systems.
The biggest hurdles for TCG were making sure its historical data successfully transferred to Acumatica and verifying that it could use that data as a baseline. TCG hired an individual for two months to ensure that the data was successfully extracted from its previous system and audited and to ensure the data could be successfully transferred to Acumatica.
In addition, TCG was new to a cloud product that could be quickly integrated with real-time information and open APIs. Testing this new functionality was critical as the company was moving from a hosted environment, with connectors that had to be hooked up every time TCG wanted to check that approvals were made. Once that was done, the company could move forward with that information to start the financial processes.