Unified Business Management Solution Helps Keycode Media Achieve 70% Expansion Through Data Insights, Integrated Project Management and Remote Work Capabilities
Kirkland, Washington , December June 2022 /PRNewswire/ — Key Code Media sees its adoption of Acumatica’s integrated business management solution as a key factor in addressing pandemic-driven challenges. Acumatica’s innovative ERP solution increases flexibility, improves connectivity and supports business growth, company officials said. By implementing a range of cloud-based products from Acumatica, Key Code Media was able to seamlessly transition to remote working and completed two major acquisitions amid the global pandemic.
Key Code Media sells and installs professional AV equipment for production, corporate, broadcast, government, houses of worship and educational institutions. When the COVID-19 pandemic forced organizations to conduct business online, demand for its services skyrocketed. However, Key Code Media’s legacy financial system could not handle its growing customer base and transaction volume. Its decentralized system also makes it nearly impossible to get real-time project status updates, understand project profitability, and view project expenses.
“We needed a single, connected ERP solution to provide project management, CRM and project coding,” he said Mike Cavanagh, President of Key Code Media. “We found that implementing Acumatica allowed us to support the high volume of demand we saw during the pandemic and helped us move quickly to remote work. As we grew rapidly, we saved a lot of time, reduced infrastructure costs, and Increased efficiency and accuracy.”
As demand for its equipment soared, Key Code Media acquired two companies during the pandemic and used Acumatica’s cutting-edge solutions to manage complex processes. These successful acquisitions increased Key Code Media’s revenue by 70%. The company also expanded its project accounting capabilities to more than 300-400 lines for quotes and real-time project updates. Acumatica Cloud ERP enabled Key Code Media employees to work and collaborate remotely during the pandemic, and remote access made the company’s expansion possible.
“I can’t imagine how we’d get everyone to work remotely if we didn’t switch to Acumatica, and we did it with no downtime,” says Chen Jiawen, Chief Financial Officer of Key Code Media. “It’s been fantastic, it’s helped our business run efficiently while giving us real-time access to data from anywhere.”
Before the pandemic and before the acquisition, Key Code Media couldn’t clearly see the profitability of the project. Instead, its team relied on reviewing sales orders or individual purchase orders, and their data collection and analysis process was hampered by multiple disconnected systems. Now, with Acumatica Cloud ERP, Key Code Media enjoys a level of detailed project data that was never possible before—from pre-sales to opportunities to projects and more.
“To successfully navigate today’s turbulent economy, businesses need the reliability of comprehensive, real-time data,” said john case, CEO of Acumatica. “Acumatica provides businesses with relevant, easily accessible data that they can use to identify new paths to profitability and growth—giving them the tools they need to meet and exceed their goals.”
“We only have eight hours a day and we need to scale our business, so we have to make sure we use our time well. With Acumatica, instead of spending time entering data, we use our talents to analyze it and make more strategic decisions. decision,” added Chen Jiawen.
Learn more about how Acumatica Cloud ERP provides a unified solution to support Key Code Media’s business growth here.
About Acumatica
Acumatica Cloud ERP provides the best business management solutions to help your company transform and thrive in the new digital economy. Acumatica is built on a future-proof platform with an open architecture for rapid integration, scalability, and ease of use, delivering unmatched value to small and midsize businesses. Connect business. published. For more information, please visit https: www.acumatica.com/.
SOURCEAcumatica
