Tag: CFMA
-
CFM Review: The Key to Collaboration in Construction? Trust and Value
Every Friday, we select a few articles from the week that we think are worth your time as a construction financial manager (CFM). We look for compelling articles not only about financial topics, but about business, technology, and life, that challenges you to think about your role as a CFM in different ways. We’d love…
-
Take Control of Cash Flow With This CFMA Webinar
Revenue is vanity. Profit is sanity. And what is king? That’s right. Cash is king. And over the next two weeks, the Construction Financial Management Association (CFMA) is putting on the a robust and useful 2-part Cash Management Webinar for construction financial managers (CFMs). If you are a construction finance professional, I highly recommend attending this webinar.…
-
General Contractor Asking You To Not Send Preliminary Notice? Is That Legal?
At the Construction Financial Management Association’s Annual Conference in Las Vegas, we encountered a very large general contracting outfit who has a lot of financial risk shifting procedures in place. They employ strict subcontractor prequalification requirements and dictate the contract terms to insulate their company from financial risk. While pushing more and more financial risk off…
-
The State of Construction Technology: It’s Time To Kill Excel
President of JBKnowledge, James Benham, presented his “Tech Forecast” at the Construction Financial Management Association (CFMA) Annual Conference in Las Vegas. The presentation promised to demonstrate “What’s here and what’s coming in construction tech.” Mr. Benham put together a very interesting presentation that should challenge construction financial managers to think about their organization’s technology…
-
Cash Management: What Smart Financial Managers Know
Today, at the Construction Financial Management Association (CFMA) Annual Conference, experienced construction industry financial professional, Steven Lords, is presenting an all day “mini-conference” on Cash Management. Cash management is a highly valuable topic for construction participants. There are obvious reasons why cash is important to any business, but there are additional layers of value in…