ERP News

How A Construction Company Is Changing The Face Of Finance

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Irving Materials Inc., the largest privately held ready-mix concrete producer in the Midwest United States with more than 3,000 employees across a half-dozen states, has been through the tough times and came out strong on the other side.

IMI, like construction companies everywhere, had to focus on survival during the building slump that followed the 2008 financial crisis. But in the aftermath came a spate of acquisitions and a new housing boom to navigate, and now IMI’s chief executive is asking corporate finance to do more. “Our CEO has asked us to close [the books] quickly and spend our time making the company better,” says IMI controller Chad Kelley.

With those marching orders in mind, Kelley decided the time was right to switch to Oracle ERP Cloud, mainly in order to avoid a lengthy—and probably expensive—upgrade cycle that sticking with an on-premises tool would have represented. But that wasn’t the only reason.

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