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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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971: Navigating Growth and Transformation | Sam Kemp, CFO, Built Technologies

CFO Thought Leader

Kemp then explained how the strategy would no longer be about short-term gains but about leveraging the acquisition to expand the company’s presence and to push profit pools into other connected categories. Kemp: Built Technologies is one of the fastest-growing construction and real estate technology companies.

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Late Payments Continue To Plague Construction, Music Streaming Businesses

PYMNTS

One could be forgiven for thinking that in construction, timely payments are crumbling, while in music, transactions are slowing in tempo. In the latest Construction Payment Report 2018 , released this past week by loan software company Contract Simply , data shows that late payments are taking a toll.

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Chinese corporates: Stable outlook for many but muted growth for some sectors

Future CFO

Improving demand from a low base in 2022 and continued debt control will underpin growing profit and steady leverage for most rated Chinese corporates, but some sectors will continue to have muted growth, the credit rating agency noted. And steady EBITDA will mitigate investment risks for chemical and construction companies, the firm added.

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Retail Enablers: PlaceIQ’s LandMark Turns Location Into Leverage

PYMNTS

Location is everything, and PlaceIQ has created a new way for retailers to leverage it. We started the company around this construct of, ‘We think there’s an opportunity to build a better understanding of consumer data with all this new location technology out there.’”. How much foot traffic is their store seeing?

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Weekend Reading For Financial Planners (May 4-5)

Nerd's Eye View

Read More.

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Real Talk: Is Outsourced Accounting Right for Your SMB?

CFO Network

Establishing effective communication channels, providing regular updates, and offering constructive feedback are essential for fostering a collaborative partnership. By navigating these challenges and selecting a reputable outsourcing partner, SMBs can leverage outsourced accounting to drive success and propel their business forward.