S&L Hospitality Implements New ERP System with Acumatica
Customer Company Size
Mid-size Company
Region
- America
Country
- United States
Product
- Acumatica 2.0
- Acumatica 3.0
- Financial Management Suite
- Project Accounting Suite
Tech Stack
- ERP System
Implementation Scale
- Enterprise-wide Deployment
Impact Metrics
- Cost Savings
- Productivity Improvements
Technology Category
- Platform as a Service (PaaS) - Data Management Platforms
Applicable Functions
- Business Operation
Use Cases
- Supply Chain Visibility
Services
- Cloud Planning, Design & Implementation Services
About The Customer
S&L Hospitality is a hotel and resort management company founded in 2005. The company operates hotels and resorts with approximately 500 employees. The company's headquarters is located near Madison, Wisconsin, and it manages properties in Wisconsin, Illinois, Indiana, Minnesota, and South Dakota. In 2012, the gross revenues across managed assets exceeded $35M. After a fire at their headquarters in August 2011, the company switched from their 1990’s software to Acumatica, improving data management and productivity.
The Challenge
S&L Hospitality had been relying on outdated software, Yardi Property Management and Yardi Construction Management, which was not progressing with the company's needs. In 2011, S&L started to research their options and went with M3 Hotel Accounting for one of their hotels. However, it was not as customizable as they had hoped and had flaws with reports. In August of 2011, a fire destroyed the S&L Hospitality headquarters, forcing the company to scramble to put together an entirely new system.
The Solution
S&L found Acumatica almost by accident. After the fire, S&L had to act quickly to get up and running again. They reached out to several companies, including Microsoft Dynamics, NetSuite, and SAGE. One of S&L’s owners was good friends with the owner of another company who had used Mike Garverick (of Acumatica partner TechVisions). It took a couple of weeks to finalize the purchase and within another two weeks Mike and Acumatica were able to implement S&L’s new ERP system, Acumatica 2.0. Since 2011 S&L upgraded to Acumatica 3.0 and expects to upgrade again in 2013. S&L purchased a license for an unlimited number of companies, hosted on-site; they currently have 15 separately-owned properties and three management companies on Acumatica. They initially bought the Financial Management Suite, but have recently added the Project Accounting Suite. They are also considering adding the Distribution Management Suite.
Operational Impact
Quantitative Benefit
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