Construction Executive (CE), the award-winning “magazine for the business of construction,” recently released their inaugural The 2021 Top Construction Technology Firms™ list. Acumatica Cloud ERP, due to its cloud construction management software, was recognized as one of the most influential firms in construction technology.
As a gold-certified Acumatica implementation partner, NexTec Group is not surprised that Acumatica’s construction management ERP software made CE’s list. Our consultants, who have an average of 25 years’ experience, know a bit about award-winning and innovative industry-specific technology, and Acumatica’s ERP software is at the top of our list.
About CE’s List and Why Acumatica Is A Step Above the Competition
According to CE, hundreds of technology and software solution firms were asked to fill out a free nomination form. The information they provided included the firms’ AEC industry product offering, user profiles, how the product is sold and the number of active users within the past twelve months.
CE explains that not every firm made their curated list. Those who did placed in 21 technology product categories, and Acumatica Cloud ERP placed in 12 of them.
Born in the cloud, Acumatica has been disrupting the Cloud ERP space since it’s inception in 2008. It’s a comprehensive business management solution that integrates core business applications, such as Financials, CRM, Project Accounting, Inventory Management and more. They also provide specialized industry solutions that includes Acumatica Construction Edition, which was introduced in 2018. Acumatica’s Ajoy Krishnamoorthy wrote this after its launch:
“It’s been well-received by the industry at large and wholeheartedly embraced by key partners with extensive industry experience who were waiting for a modern business solution. Customers, too, have been fast to adopt our construction ERP with several immediate sales and implementations now underway—less than 90 days after its debut!”
Now, 550 construction firms and 2,000 users are utilizing Acumatica’s cloud construction management software. They have found that Acumatica construction software sets itself apart from its competitors due to its:
- Powerful financials and reporting
- Comprehensive job cost accounting
- Streamlined project management
- Integrated payroll, inventory and service management
- Mobile apps that allow for anywhere, anytime work
NexTec’s Chris Milan explains further why Acumatica is a step above the rest in 3 Undeniable Benefits of Cloud Construction Management Software. “NexTec recommends Acumatica construction. It’s a robust and flexible system for construction companies desiring a 360-degree-view of their finances, projects and operations. Control projects, manage costs, regulate schedules and manage documents from a single system with 24/7 access. And do all of this and more with Acumatica’s unique pricing model, which charges for resources used, not for the number of users.”
NexTec and Acumatica Cloud ERP For the Construction Industry
As general contractors, homebuilders, subcontractors and land developers face fierce competition, ongoing external challenges (e.g., labor shortages and material price increases) and internal challenges (e.g., lack of project visibility, delays, manual workflows and more) due to their reliance on disconnected, legacy solutions, they’re recognizing that modern, mobile ERP software can help overcome them.
A recent CE article notes, “Construction companies no longer lag other industries in the use of technology—at least, those firms that are making the required investments to improve the bottom line. Key players in technology will continue to innovate, leveraging data from connected back offices and web-connected field workers, to create the applications that will make the business of construction more predictable and more profitable in the future.”
NexTec’s complimentary guide, How to Compete in Construction Modern Software, offers expert advice on how to operate in the new digital economy, including what features to look for in modern ERP software for the construction industry. It also lays out the case for why Acumatica Cloud ERP, one of CE’s top construction technology firms of 2021, is the best system for construction companies.
NexTec is passionate about helping businesses choose the right industry-specific technology for their unique needs. We’ve been a part of the Acumatica team since 2015, and our consultants are ready to help construction firms take advantage of Acumatica’s comprehensive cloud ERP software.
Contact us today. We’d love to chat.