Case Study: ULTIQA Builds a Scalable Financial Foundation with MYOB Acumatica
ULTIQA Hotels & Resorts manages apartment-style accommodation across Australia and Fiji. With a growing portfolio and ambitions for continued expansion across the ANZ region, ULTIQA required a financial management platform capable of supporting a complex multi-entity operating model.
Its existing MYOB AccountRight environment had served the business well, however managing financial information across 41 separate entities had become increasingly complex. Tonic Technologies implemented MYOB Acumatica to establish a scalable, cloud-based financial platform purpose-built for future growth.
Managing 41 entities created significant administrative complexity. ULTIQA needed to consolidate its Chart of Accounts, improve reporting consistency, streamline intercompany transactions, simplify data entry and establish a platform capable of supporting future expansion.
The Solution
Tonic Technologies designed and implemented MYOB Acumatica around ULTIQA’s multi-entity operating model. Key initiatives included:
• Consolidating and standardising the Chart of Accounts.
• Utilising Sub-Accounts to simplify data entry while improving reporting flexibility.
• Streamlining intercompany transaction processing.
• Delivering centralised financial management across all 41 entities.
• Creating a scalable platform to support ongoing ANZ growth.
Beyond technology, Tonic Technologies worked closely with ULTIQA throughout the project. Spending significant time onsite allowed the team to understand operational requirements, build strong relationships with stakeholders and configure the solution around the way the business operates. This collaborative approach ensured a smooth implementation and positioned Tonic as a trusted long-term partner.
Business Outcomes
• Centralised management of 41 entities.
• Consolidated Chart of Accounts.
• Improved financial reporting.
• Streamlined data entry through Sub-Accounts.
• More efficient intercompany processing.
• A scalable cloud ERP platform supporting continued regional growth.
• A trusted partnership with Tonic Technologies.