PYMNTS

AUGUST 16, 2019

Late payments are a headache for any industry, but the construction sector has seen some particularly detrimental effects from cash-flow bottlenecks. the collapse of construction conglomerate Carillion pulled back the curtains on the corporate’s B2B payment practices. In the U.K.,

Construction 50

Construction Communication Invoicing B2B 50

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

JULY 10, 2018

Visit a construction job site and – along with the water coolers, chain link fences, portable toilets and tools – chances are you will come across stacks of papers, including plans, permits and invoices. The cost of late payments in commercial construction runs $40 billion annually, according to one recent industry report.

Construction 42

Construction Invoicing Budgeting Technology 42

PYMNTS

JULY 5, 2017

But the legislation isn’t exactly far-reaching: According to reports, the rules focus on small federal contractors that request an increase in compensation by their clients, and on construction companies in particular. Passage of this Bill into law would be a tremendous improvement for construction SBCs,” the publication wrote.

Construction 45

Construction Invoicing Finance Budgeting 45

Centage

APRIL 11, 2023

A plan of action for both business leaders and product managers, the roadmap details the vision and goals of a product over time. 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.

Financial Planning and Analysis (FP&A) 52

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

The Finance Weekly

OCTOBER 31, 2021

By managing and planning finances, you can maximize the return of your activities. Financial Planning for NPOs Financial planning for nonprofits entails optimizing your activities by meticulously managing all aspects of your finances. However, financial planning for non-profits has its own set of challenges.

Planning 52

Planning Auditing Nonprofit Accounts Payable 52

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. These strains are prompting more construction firms to turn to faster, digital means of conducting their B2B transactions. How Virtual Cards Help Build Better Construction Pr ocurement.

Invoicing 64

Invoicing B2B Construction Accounts Payable 64

CFO Thought Leader

APRIL 30, 2024

Throughout his career, Levine has learned that a CFO’s role is about not just financial oversight but also constructing a vision that propels the business forward. We have a full-suite platform that really spans this elongated, close-to-planning process.

CFO 52

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

Centage

FEBRUARY 2, 2023

Businesses talk a lot about budgets, revenue projections, and actuals. However, one of the most important planning tools for a business of any size is cash flow forecasting – and it’s especially important in times of uncertainty. That’s why businesses need to know how to forecast cash flow as much as any other planning you do.

Cash Flow Forecasting 98

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

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

Generation CFO

JANUARY 21, 2022

In the interim, it was necessary for the two financial systems to run simultaneously, consolidating month-end figures including budgets and forecasts via an ERP bridge to Ramboll data warehouse. . You have to ensure there’s a clear plan, that people know what’s going on and that they have a way of influencing what’s going to happen.” .

Finance 187

Finance Financial Systems CFO Construction 187

The Finance Weekly

APRIL 28, 2024

This not only transforms financial tasks like reporting, budgeting, and forecasting but also lightens the load for the IT department. All from within Excel, Connect equips users to import live data from all ERP systems, effortlessly construct reports, and access all ERP data from your spreadsheets.

Financial Planning and Analysis (FP&A) 52

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

CFO Share

JANUARY 31, 2024

You are pivoting your business plan and results are yet uncertain. Manufacturing, transportation, distribution, real estate and construction are very financially complex and require a specialty fractional CFO. These include: You are too busy to perform bookkeeping and accounting. Forecasting has become too complex or too stressful.

CFO 52

CFO Forecasting Budgeting Construction 52

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. They help in setting financial targets and evaluating the feasibility of business plans.

Financial Modeling 52

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

CFO News Room

NOVEMBER 18, 2022

New York: Voters approved the Clean Water, Clean Air, and Green Jobs Environmental Bond Act of 2022, which establishes prevailing wage standards on construction projects. Kentucky currently has an abortion plan in place, but the state Supreme Court will consider the constitutionality of the ban this week. . Medicaid Expansion.

Economics 130

Economics Construction Prioritization Transportation 130

Spreadym

FEBRUARY 12, 2023

All these developments are displayed not only in documents, reports and final results of the company, they are subject to serious adjustments in installed business systems, like bi tools, financial analysis software, manufacturing planning software, resource planning software and others.

Financial Analysis 52

Financial Analysis Manufacturing Strategic Planning Construction 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

PYMNTS

JUNE 8, 2020

Plans to expand some airports have been put on hold as air transportation has been grounded by the COVID-19 pandemic, The Wall Street Journal reported. In London’s Heathrow Airport, a third runway is on hold, and in New Zealand, Auckland Airport is suspending plans for a second runway and a new terminal. . “We

Construction 52

Construction Transportation Budgeting Forecasting 52

CFO Strategic Partners

NOVEMBER 17, 2021

This survey was answered by people from a wide range of industries including construction, professional services, healthcare, nonprofit, manufacturing and more. Twenty percent are choosing to use an annual model, while a small percentage of respondents has no formal budget or forecast. See below for a full breakdown of our results.

Economics 52

Economics Budgeting CFO Forecasting 52

CFO News Room

NOVEMBER 23, 2022

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. But he soon transferred to the UK to take advantage of its wide range of opportunities. .

Finance 130

Finance Profit and Loss Construction Transportation 130

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

CFO News Room

DECEMBER 21, 2022

All four qualifiers should be in good working order if you plan to purchase a physical property. Under IRS regulations , you can borrow the lesser of 50% of the vested value of your plan, or $50,000. Check with your employer to see if your plan permits loans, as employers are not required to offer them. Stable employment/income.

Investments 130

Investments Finance Construction Budgeting 130

The Finance Weekly

JANUARY 19, 2023

A strategic CFO focuses on creating long-term plans to achieve the company's goals. Specialists in operational finance create financial models that outline the details of business processes and their impact on the company's goals, staff plans, budget, and cash flow. Help department heads make the case for new hires.

Leadership 98

Leadership CFO Benchmarking Finance 98

The Charity CFO

APRIL 5, 2022

And it may be the right choice for small nonprofits that don’t have experience with accounting, the budget to hire help, or time to learn. Also, revenue must be recorded when it is actually or “constructively” received. Accurate Budgeting for Your Nonprofit. Cash accounting is less complex than accrual accounting.

Nonprofit 98

Nonprofit Accounting GAAP Auditing 98

Barry Ritholtz

MARCH 29, 2023

Construction Physics ) • When Your Career, and Retirement, Are the Family’s Business : Succession plans, or the lack thereof, can hinder the transition to a new generation — and affect how loved ones fund their later years. ( Businessweek ) see also What happens when your AI chatbot stops loving you back? .

Construction 57

Construction Budgeting Investments Planning 57

CFO News Room

NOVEMBER 28, 2022

Traditionally, investment planning has been at the forefront of how financial advisors add value for their clients. Combined with growing advisor (and consumer) interest in comprehensive financial planning services, the number of ways advisors can add value for their clients has expanded greatly. Executive Summary. Team Kitces.

Tax Planning 130

Tax Planning Planning Investments Profit and Loss 130

CSC Advisors

MAY 30, 2022

This is an advisor that can help with general financial planning, not just corporate. Whether you need help with budgeting, investing, tax planning, or even paying off your outstanding debts, you can find a financial advisor to help! For example, you may be able to find a Certified Financial Planner, also known as a CFP.

Budgeting 52

Budgeting Tax Planning Construction Corporate Finance 52

PYMNTS

JUNE 22, 2020

For those who planned their weddings for the spring or summer of 2020, it has doubtlessly been a rather stressful last few months, as the outbreak of a global pandemic arose and messed with everyone’s plans. There’s a lot of different ways that you can kind of personalize it depending on budget constraints and things like that.”.

Planning 79

Planning Construction Budgeting B2B 79

Global Finance

MAY 8, 2024

survey, most banks across APAC increased 2023 tech budgets to boost security, transform data and avoid downtime. Southeast Asia Malaysia’s Maybank is galvanized around its M25+ action plan, which aims at revenue diversification and operational efficiency while keeping a sharp eye on meeting sustainable goals. in 2023, pulling in $276.5

Banking 52

Banking Profit and Loss Construction Retail 52

CFO News Room

NOVEMBER 16, 2022

With inflation running hot, a potential recession looming, and both stock and bond markets seeing significant drops so far this year, there is no shortage of potential stressors for financial planning clients. We planned for events like this. You can’t just plan for an event like this; no portfolio can withstand a total crash!

Communication 130

Communication Planning Construction Marketing 130

The Finance Weekly

JANUARY 25, 2024

It promises to quickly construct reports and allows teams access all ERP, CRM, HRIS data (and more) from their spreadsheets. ,It Use cases include sales compensation, budget vs actuals and financial disclosure. Have you used any solutions to solve these pains, and what are your long-term plans?

Financial Planning and Analysis (FP&A) 40

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

PYMNTS

APRIL 30, 2020

Massachusetts-based eTailer 1620 Workwear sells heavy-duty clothing for construction workers, carpenters, plumbers, EMTs and others who work outdoors or in demanding environments, and recently began deploying installment payment options from BNPL provider Afterpay. Customers are pretty used to paying with payment plans,” said Walker.

Sales 52

Sales Construction Economics Leadership 52

PYMNTS

MAY 28, 2019

Financial Reporting Council (FRC) announced late last week that it plans to heighten the number of probes it conducts in the industry, according to The Wall Street Journal. 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

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

Collectiv

FEBRUARY 13, 2023

In particular, it’s difficult to balance technology and talent when planning for future growth. If you have an amazing construction team but they only have hammers in their toolboxes, it’s going to take much longer than if they used nail guns. Think of growing your business like building a house.

Technology 52

Technology Investments Construction Budgeting 52

Collectiv

FEBRUARY 13, 2023

In particular, it’s difficult to balance technology and talent when planning for future growth. If you have an amazing construction team but they only have hammers in their toolboxes, it’s going to take much longer than if they used nail guns. Think of growing your business like building a house.

Technology 52

Technology Investments Construction Budgeting 52

CFO Strategic Partners

OCTOBER 6, 2021

This survey was answered by people from a wide range of industries including construction, professional services, healthcare, hospitality, manufacturing and more. Across the board, organizations are needing to budget for wage raises. See below for a full breakdown of our results.

CFO 52

CFO Profit and Loss Healthcare Construction 52