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Construction Industry Looks to 2023

CFO News Room

As 2022 closes and 2023 begins, we spoke with the members of our senior sales team for the construction industry to get their thoughts on the challenges construction companies will face in the new year. They have been through many business cycles and have seen construction businesses thrive, survive, and fail.

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Using Cash Flow Forecasting to Withstand the Downturn

Centage

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. 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.

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November job growth slowed but will still show strength despite layoffs

CFO News Room

Economists forecast the unemployment rate was steady at 3.7%, and average wage growth slowed to 0.3% Economists expect the Fed’s tighter money policy will ultimately result in negative monthly payroll numbers, but not yet. IT continues to be the leader, and we see accounting and finance is above 2021 numbers. in October.

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10 Thursday AM Reads

Barry Ritholtz

Americans still have jobs and are continuing to spend — on plastic surgery, motorcycles and cruises — leading many to revise their doom-and-gloom forecasts. This summer’s economy is defying the odds. Washington Post ) • The Anti-California: How Montana performed a housing miracle : Montana had a supply crisis.

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996: Cultivating a CFO’s Toolkit | Aaron Levine, CFO, Prophix

CFO Thought Leader

This exposure revealed to Levine that effective CFOs do more than manage numbers: They tell stories through them. 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.

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Bulent Semovski, Financial Director, Ramboll Americas

Generation CFO

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. . Overseeing the acquisition. Financially transforming.

Finance 187
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Duncan Burgess, Global Finance Director

CFO News Room

Duncan Burgess’ “number one passion” in his role is people. 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.

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