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This past year, construction financial professionals have faced many challenges including supply chain issues, rising costs and interest rates, new accounting standards, tax law changes, and new regulations. As we head into 2023, this article provides insight on changes and updates from 2022, dives into their impacts, and explores what construction companies should expect in the new year.
Feb 01, 2019
Having consulted with many heavy/highway construction companies throughout my career, I’ve observ...
May 03, 2022
The following content is sponsored by Tenna. Many contractors struggle with dispatching and logis...
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Nov 01, 2018
As the economy strengthens, construction financial professionals have an exciting opportunity to ...
Nov 04, 2022
I just thought I was a stressed person — that always feeling a little stressed was normal; that t...
Nov 28, 2022
In this issue of CFMA Building Profits dedicated to industry trends, I’d like to address two impo...
This the following content is sponsored by Eide Bailly.
Do you know if your company is spending too little or too much on fleet upkeep? How are you monitoring fleet performance and costs? The Association of Equipment Management Professionals (AEMP) and CFMA have partnered to help answer these questions by developing the Heavy Equipment Comparator, which will provide a set of 32 select KPIs to help measure your heavy fleet’s performance and costs in 9 categories; provide performance benchmarks to measure progress; improve dialogue and collaboration among construction financial professionals and fleet managers; and establish common terminology and standards to help financial and fleet managers identify issues and make adjustments for improved fleet productivity and results.