With 35 years and $2 billion in combined construction project experience, the founders of Curran Young Construction plans to capitalize on Florida’s construction boom where industrial vacancy rates hover at just 1 percent, and where healthcare firms of all types are building freestanding emergency rooms, urgent-care centers, and new hospitals to support growing and aging populations.
Learn the role that Acumatica Construction plays in their goal to build a modern, innovative company that allows them to quickly scale and support operations without huge investments in technology infrastructure.
Still a Bricks and Sticks Industry
As they began to look at the core business systems and software that construction firms typically use, Curran and Young recognized the industry was quick to invest in new technologies like BIM, virtual reality, thermal imaging, and the like. But this technology can sometimes come with a big price tag and limited return on investment. What they discovered is that most of the construction industry was not making investments to drive efficiencies or modernize back office systems.
“For the most part, it’s still a bricks and sticks industry run on Excel,” says Bruce Young, President and Co-Founder. There hasn’t been a perceived need to make any advancement in back office technology.”
That’s when they discovered Acumatica – modern, cloud-based construction software.
No Other Construction Software Compares
“Once we made a decision to go cloud, other software couldn’t compare to Acumatica Construction Edition. Being cloud-based takes away the necessity of having servers and infrastructure and their associated operating costs. It was a logical choice.”
In addition, the scalability of Acumatica allows Curran Young to grow without worrying about skyrocketing costs. “Conservatively, we could grow to 60 people in five years. When we do that, it’s great to know Acumatica is not pay-to-play software, but that it’s scalable with unlimited users, which gives us one less thing to worry about when forecasting our future costs.”
Curran Young implemented Acumatica Construction Edition, which, in addition to the financial module offers construction related functions including job costing, project management, contract and change order management, subcontractor bidding and payment, and integration with specialty applications such as Smartsheet, Procore and Office 365 for an end-to-end cloud construction ERP solution.
Up and Running
“We were up and running in record time,” says Young, adding that “It only took five weeks from the initial decision to a go live date.”
In addition, Curran Young has the ability to add the industry-specific applications it wants in the future without requiring a completely new foundation; Acumatica is an open system that easily integrates with third-party applications like Procore. Having data flow seamlessly between Procore and Acumatica Construction Edition helps field operations and the office stay in synch and deliver projects on schedule and budget.
Acumatica’s integrated functionality and ease of use allowed Young to recoup some of the time he spent signing in and out of the different construction software applications he used at previously. “The time saved is substantial, even without the large volumes I was doing before from a financial control standpoint. I’m saving 30 to 35 percent of my time, so I’m able to be much more efficient,” he says.
Because Acumatica is cloud-based, Curran Young employees can access data from anywhere: on a job site, at a customer location, at the office or from home. Mobile access to corporate data allows them to instantly solve vendor payment questions, get project updates, execute change orders or check subcontractor rosters, for example.
Poised for Growth
With a solid financial foundation in Acumatica, Curran Young is poised for rapid growth. “We are all about efficiency which is why we compare ourselves to a Formula E car,” says Curran. “We’re on track to be that kind of contractor. While many in the construction industry may not have heard of Acumatica, everything in the product is efficient, available at your fingertips and the flow of information and accessibility is incredibly powerful.”