Acumatica > Case Studies > BLD Brands, LLC

BLD Brands, LLC

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Company Size
1,000+
Region
  • America
Country
  • United States
Product
  • Acumatica ERP
Tech Stack
  • Acumatica ERP
Implementation Scale
  • Enterprise-wide Deployment
Impact Metrics
  • Cost Savings
  • Productivity Improvements
Technology Category
  • Functional Applications - Enterprise Resource Planning Systems (ERP)
Applicable Industries
  • Food & Beverage
Applicable Functions
  • Business Operation
  • Procurement
Use Cases
  • Inventory Management
  • Supply Chain Visibility
Services
  • Software Design & Engineering Services
  • System Integration
About The Customer
BLD Brands, LLC is a restaurant management company based in Newport Beach, California. The company operates 143 restaurants in 10 states, including franchises of Papa John’s and Hardee’s, as well as a corporate-owned brand called Spaghetti Warehouse. BLD Brands is listed as the 94th largest franchisee of restaurants by Franchise Times. The company was founded by Doug Pak in late 2005, who raised more than $20 million to buy the Spaghetti Warehouse and later, Papa John’s and Hardees franchises. BLD stands for “Building Lives and Dreams.” In 2017, with a plan to double his restaurant holdings through acquisitions, Pak hired Andy Gale, a longtime friend and CEO of numerous high-growth firms.
The Challenge
BLD Brands was running an unsupported version of Sage Pro and operating with eight different charters of accounts and four different accounting calendars as a result of prior acquisitions. Numerous intercompany transactions and consolidations made it challenging to bring them all into a single audited entity. In addition to running siloed accounting systems and three different point-of-sale systems, four people manually entered about 90,000 invoices a year. Bringing those systems together required three in-house developers to create proprietary desktop and mobile applications that BLD used for managing communication and approvals, among other operations. Those applications pulled information from a data warehouse into which all financial data was then added.
The Solution
BLD Brands chose Acumatica because of its ease of use, underlying architecture and unlimited pricing structure. The company's in-house development team felt it could easily integrate with what they were using already, a feeling they didn’t get with the other products. That was important because BLD Brands was making a number of operational changes and adding third party solutions that would need to integrate with the ERP. Acumatica’s unlimited user pricing was also key since BLD Brands plans to add thousands of employees through acquisitions. With help from Acumatica partner Premier Computing, BLD Brands developed an implementation strategy and philosophy that called for them to crawl, then walk, then run. The first phase involves having every basic capability the company had previously, such as accounts payable, receivables, the general ledger, and to generate basic statements, ready at go-live.
Operational Impact
  • Consolidated eight chart of accounts and four accounting calendars
  • Streamlined operations by eliminating data silos
  • Significantly reduced time to close month end to 5 days
  • Added mobility and improved financial visibility
  • Eliminated manual invoice input and improved operations
Quantitative Benefit
  • Reduced time to close month end to 5 days
  • Eliminated manual input of 90,000 invoices annually

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