PYMNTS

MAY 10, 2017

The construction industry is a key measure of overall economic strength and can provide unique insight into the financial health of the country overall. With that in mind, FinTechs have begun to pivot towards construction firms in an effort to bolster its financial health. ”

Construction 43

Construction Accounts Payable Budgeting Finance 43

PYMNTS

SEPTEMBER 13, 2017

The construction industry is facing multiple headwinds, from late supplier payments to a talent shortage. According to Euler Hermes, the construction sector, which is worth $10 trillion worldwide, is expected to enjoy 3.5 “Construction accounting is a little more complex,” he recently told PYMNTS.

Cash Management 51

Cash Management Accounting Construction B2B 51

PYMNTS

NOVEMBER 5, 2020

Construction companies need to ensure they can swiftly purchase materials and other supplies to complete their projects and maintain steady cashflows. Many corporate buyers are finding that using paper checks increases their accounts payable (AP) expenses unnecessarily as well, and vendors often want to get paid faster than checks allow.

Invoicing 64

Invoicing B2B Construction Accounts Payable 64

Centage

APRIL 11, 2023

More than just constructive criticism, it reveals the true pulse of the customer including both their wants and needs, which helps to propel a product to evolve and improve. In general, the most useful and constructive advice includes visual aids, such as screenshots, so you can see exactly where the issues originate.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Construction Budgeting Forecasting 52

CFO Thought Leader

APRIL 30, 2024

Read More An important early chapter of Levine’s professional development was his tenure under Steve Vintz, who at the time was CFO of Vocus, where Levine served as a VP managing both accounting and finance. It was under Vintz’s mentorship that Levine came to appreciate the power of storytelling within financial leadership.

CFO 52

CFO Financial Planning and Analysis (FP&A) Leadership Auditing 52

CFO Share

JANUARY 31, 2024

It is a cost-effective way for small businesses to utilize professional finance and accounting without the commitment of a full-time employee. These include: You are too busy to perform bookkeeping and accounting. Inventory, deferred revenue, or multiple bank accounts add bookkeeping work and increase cost. Attend workshops.

CFO 52

CFO Forecasting Budgeting Construction 52

The CFO College

JUNE 3, 2021

Increase Your Value and Boost Your Services with Two CFO-Level Accounting Tools. Yes, automations can crunch numbers, but there is so much more to providing accounting services than calculations. Don’t worry, no construction skills are necessary! It’s all doable with a few clicks of the mouse.

Accounting 52

Accounting CFO Auditing General Ledger 52

CFO News Room

NOVEMBER 23, 2022

This provided great grounding, he says, particularly in financial accounting. He joined oil and gas company BG Group in their budgeting and forecasting team to broaden his management accounting and reporting experience. He then moved to the security construction technology company ICx Technologies as division controller.

Finance 130

Finance Profit and Loss Construction Transportation 130

The Finance Weekly

APRIL 28, 2024

These let you link up your accounting and finance software with all the top business apps out there. Quickbooks Online Overview QuickBooks Online is an accounting software that lets companies, big or small, handle finances from anywhere with an internet connection. It is a real-time connectivity solution for your ERP, CRM, and Excel.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Invoicing Budgeting Finance 52

PYMNTS

SEPTEMBER 23, 2019

only agriculture and hunting invest less in digitization than the construction industry, according to recent data. Even so, the global construction management software market is projected to expand at a compound annual growth rate (CAGR) of 9.2 In the U.S., percent from 2018 to 2022. Freeing Up Cash Flow.

Construction 67

Construction Accounts Payable Treasury B2B 67

The Finance Weekly

AUGUST 5, 2023

Financial Planning and Analysis (FP&A) involve a range of activities, including planning, forecasting, budgeting, and analytical tasks, all of which are vital in providing essential support for a company's major business decisions and overall financial well-being.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Financial Analysis Forecasting Budgeting 52

Centage

FEBRUARY 2, 2023

Businesses talk a lot about budgets, revenue projections, and actuals. Knowing the timing, amount and predictability of future cash flows with cash flow forecasting should be an essential component of the budgeting and planning process. If ten percent of your sales are paid late, you should account for that in your forecast, as well.

Cash Flow Forecasting 98

Cash Flow Forecasting Forecasting Financial Planning and Analysis (FP&A) Budgeting 98

PYMNTS

JUNE 21, 2019

Studies have shown that 70 percent of applicants want to open their accounts digitally. In an interview with Feedzai Chief Product Officer Saurabh Bajaj , the executive told PYMNTS that consumers who have embraced mobile banking don’t want to interface with people or paper when opening their accounts. Bringing AI Into The Picture.

Accounting 43

Accounting Risk Analysis Leverage Construction 43

Collectiv

AUGUST 7, 2023

Legacy Reporting Tools Limit Capabilities One of Avison Young’s clients needed to create a series of financial dashboards in their enterprise accounting system to track and manage budgets for a multi-million, multi-year real estate construction project. I had a great experience working with Collectiv,” Dave recounted.

Problem Solving 52

Problem Solving Budgeting Data Analysis Construction 52

Bramasol

MAY 8, 2023

Initially, SAP sees the GROW initiative as being most relevant for midmarket companies in services, such as consulting, media, audit, engineering and construction, as well as product-centric companies in industrial manufacturing, machinery and components (IM&C).

SAP 89

SAP Compliance Construction Auditing 89

Spreadym

JULY 14, 2023

Some common types of financial models include: Budgeting and forecasting models : These models are used to estimate and plan future financial performance by projecting revenues, expenses, and cash flows over a specific period. Financial models can take different forms depending on their purpose and complexity.

Financial Modeling 52

Financial Modeling Mergers and Acquisitions (M&A) Valuation Budgeting 52

PYMNTS

SEPTEMBER 20, 2019

construction market is on track to reach $1.8 In order for construction firms, contractors and subcontractors to succeed in this market, projects must be completed on time and within a fixed budget. Keeping track of cash flow and spending will be essential for construction firms that are active in the growing market.

Construction 46

Construction Treasury Invoicing Budgeting 46

The Finance Weekly

JANUARY 25, 2024

Finance operations managers are the backbone of the CFO’s Office They have primary responsibility for supporting accounting and finance applications, accounting systems and other core plumbing including time entry, conflicts, collections, matter opening, and financial reporting. In every company we spoke to we heard similar complaints.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Finance Pharmaceutical Construction 40

Global Finance

MAY 8, 2024

survey, most banks across APAC increased 2023 tech budgets to boost security, transform data and avoid downtime. Against this inauspicious backdrop, China Construction Bank (CCB) impressed judges with an array of initiatives demonstrating innovative technological thinking and a keen eye on ESG alignment, regional development and inclusivity.

Banking 52

Banking Profit and Loss Construction Retail 52

PYMNTS

DECEMBER 23, 2020

The teenager with a Fortnite habit who manages to clean out Dad’s checking account via the debit card linked to the gaming account. The company offers FDIC-insured bank accounts and a Visa -branded payment cards for teens (aged 13-18) with budgeting features and other financial education tools built in. 2021 And Beyond.

Banking 128

Banking Education Construction Accounting 128

CFO Talks

JUNE 8, 2022

The role of the CFO has evolved a lot over the years, initially when we were studying, we used to see the role of CFO as more of managing the statutory books of accounts or maybe securing financing and handling statutory matters like taxes and indirect taxes and those kinds of roles. The Ability to Create Agile Budgets.

CFO 52

CFO Budgeting Construction Leadership 52

CFO Share

MARCH 16, 2021

After filling out a short online form and scrolling past the terms and conditions (without reading them of course,) the money suddenly appeared in the business owner’s bank account. Financing accounts receivable or inventory balances. Here’s a common scenario: Joe owns a construction company. That sure was easy!

Restructuring 52

Restructuring Construction Profit and Loss CFO 52

PYMNTS

MAY 28, 2019

financial watchdogs have stepped up their oversight of the accounting and auditing industry amid a string of corporate accounting scandals, collapses and questions over the dominance of the Big Four auditing firms. The watchdog also said it will hire more staff, and increase its budget. KPMG , PwC , Deloitte and EY head the U.K.

Auditing 40

Auditing Construction Leadership Budgeting 40

The Finance Weekly

AUGUST 27, 2023

Encompassing tasks such as analyzing financial data, creating budgets and forecasts, managing accounting processes, and ensuring tax adherence and regulatory compliance, these advanced solutions empower finance teams to concentrate on strategic decision-making and higher-value tasks. What is Datarails’, FP&A Genius?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning Forecasting Budgeting 52

The Finance Weekly

OCTOBER 31, 2021

Many of the same issues that private-sector businesses face, such as raising revenue and managing budgets, apply. Why is Financial Planning for NPOs crucial The accounting and financial management strategy is typically influenced by the extent to which users engage with the NPO's services, and targets are set by trustees.

Planning 52

Planning Auditing Nonprofit Accounts Payable 52

PYMNTS

MARCH 2, 2020

Retailers often need additional coverage during peak holiday shopping periods, hospitals may need substitutes for nurses on paternity leave and construction companies might need to increase staff for sizable projects. Paying employees through payroll cards presents staffing agencies with new administrative and budgeting questions, though.

Budgeting 52

Budgeting Construction Entertainment Accounting 52

PYMNTS

DECEMBER 10, 2020

While reconcilement has always been important, COVID-19 has seen organizations increase their budgets and adjust their focuses to drive value into their supply chains and operating models. The bank decides to build when it’s something that’s core to its global treasury and payment strengths, such as its virtual accounts.

Treasury 103

Treasury Leverage Construction Banking 103

PYMNTS

JUNE 10, 2020

As a mobile-native platform, Aspire will use Railsbank technology to enhance its own core infrastructure to optimize the bank account experience for SMB customers. Specifically, the companies noted, Aspire will adopt Railsbank’s Singapore Dollar bank account, making it the first neobank in Southeast Asia to adopt the tool.

Finance 52

Finance Leverage Construction Banking 52

The Finance Weekly

JANUARY 9, 2022

Environmental standards may seem like a non-urgent issue if laws haven’t been passed yet, but the CFO needs to be the reminder that these issues are imminent for budgeting, forecasting, and the overall long term vision of the company. This particularly affects budgeting and forecasting, and makes financial planning that much more difficult.

CFO 52

CFO Forecasting Leadership Budgeting 52

PYMNTS

JANUARY 27, 2020

“It’s a pay-yourself-first model,” he said, likening it to the old-fashioned practice of setting aside different piles of cash in envelopes that correspond to various parts of the household budget. A total of $21 million has already been saved by Walmart employees in their Even savings accounts. Big Problems Getting Bigger.

Construction 79

Construction Budgeting Accounting Planning 79

Future CFO

AUGUST 19, 2021

Three quarters of C-suite executives believe that intelligent automation helped to augment their finance employees’ capabilities, according to results of a survey jointly done by the Institute of Singapore Chartered Accountants (ISCA) , AI Singapore and the National University of Singapore (NUS) Business School recently.

Accounts Payable 40

Accounts Payable Treasury Risk Management Finance 40

PYMNTS

JANUARY 30, 2017

Buildertrend, which debuted in the halcyon days of 2006, before iPhones and Android devices ruled the world, is a cloud-based B2B platform for the construction industry. As a result, they decided to create one of the first web-based platforms for the construction industry, not just software to be accessed from an individual device.

Construction 56

Construction Securities Technology Invoicing 56

PYMNTS

DECEMBER 30, 2019

Consider, to name just one example, the small construction management firm that may have had a busy year, but finds take-home pay has dwindled compared to last year (which was relatively quieter). This is no isolated case. With Visibility Comes Discipline. The firm has launched a lending product, too.

Budgeting 52

Budgeting Reconciliations Construction B2B 52

CFO News Room

NOVEMBER 28, 2022

As while an advisor may be well-qualified to construct an appropriate asset allocation for a client, differentiating themselves from all other advisors (including relatively lower-cost robo-advisors) who use a lot of the same investment management strategies has become more difficult. Cash Flow Management. Retirement Planning.

Tax Planning 130

Tax Planning Planning Investments Profit and Loss 130

CFO News Room

NOVEMBER 5, 2022

In April, Charles Schwab introduced its Schwab Personalized Indexing platform, available to advisors and retail clients with a $100,000 account minimum. In addition, those who inherited accounts from individuals who died before 2020 can continue to take RMDs under the pre-SECURE Act rules. Bethany Cissell | ThinkAdvisor).

Mergers and Acquisitions (M&A) 130

Mergers and Acquisitions (M&A) Profit and Loss Investments Valuation 130

PYMNTS

OCTOBER 1, 2020

At a high level, said Disque, the embrace of automated accounts payable (AP) processes has been consistent across verticals. Patel said that finding and onboarding suppliers to help build properties (on time and within budget) includes understanding how those suppliers want to be paid.

Accounts Payable 77

Accounts Payable Cash Management Construction Invoicing 77

Creative CFP

MARCH 5, 2021

feedback to investors), investment analysis, capital budgeting, raising capital, selling shares in the company, or selling the entire business, as is the case with Birkenstock. Once we have modelled the cash flow over a specific period by constructing a financial forecast , we need to assign a Terminal Value (TV) to the business.

Valuation 52

Valuation Forecasting CFO Construction 52