Fleet management can be a challenging business area to manage and improve. Balancing the size and composition of your fleet with effective maintenance practices, maximizing equipment utilization and optimizing fleet costs are key components to successful fleet management. Analyzing the complex relationship between these key business practices requires standardization along with insightful analytics. In this webinar, we will outline standardized industry metrics established by CFMA and the Association of Equipment Management Professionals (AEMP), which will define nine key business areas and 32 metrics to effectively manage and improve your heavy equipment fleet. The project, which was over two years in the making, will establish:

• Common terminology, standard terms and definitions
• Standard calculation and formulation methods for metrics
• A common platform to benchmark performance between peers
• Industry averages and best-in-class KPIs for comparison

This 75-minute webinar will discuss key trends and divergent findings from the 2022 Financial Survey with aggregate results of more than 1,200 construction companies. This session will cover key leverage, efficiency, liquidity and profitability ratios. Discover the KPIs most relevant to contractors, and learn how this data impacts your operations and overall company. Learn how the CFMA Financial Benchmarker’s suite of products can improve your company’s financial forecasting. This session will also include data on PPP loans and forgiveness.

How would you rate your Emotional Intelligence? Successful leaders harness their ability to identify and express emotions, while cultivating trust with their employees. Join this CFMA Education webinar to uncover the power of emotional intelligence and how it can fuel greater inclusion and safety within construction companies.

It’s not a secret, getting the majority of men talking about mental health is not easy. And doing so within construction - a man’s man world - is even more challenging. Discover the research, developments, key insights, impact, and efficacy of Mantherapy.org, an internationally acclaimed men’s mental health website. Insights from the construction industry will be shared along with several interactive activities that assist organizations in identifying effective steps to support men’s mental health within their organization.

Accounting departments are often considered to be a cost center or overhead. What if they were thought of as value added or even a profit center? Effective budgeting, projections, and cash management are the keys. This presentation covers the accounting cycle, from a budget to monthly statements to updated projections with a focus on the balance sheet, particularly cash.  It also includes lessons learned from dozens of contractors regarding things that can go right and wrong.

Have you ever heard someone say, “I don’t make assumptions about anyone.”? Have you said it yourself? Unfortunately, research shows us that the statement is nearly impossible to put into practice. At any given moment, we are exposed to millions of pieces of information, and neurons in our brain send signals at speeds over 100 mph. The very brain functions that help us navigate a complicated world can also lead us to follow unrecognized snap judgments and make decisions that recirculate patterns we may not even realize we’ve absorbed.

This dynamic webinar will explore what unconscious bias really is, why it exists, and what we can do about it. Participants will be invited to participate in exercises that examine our socialization and offer evidence-based strategies for mitigating bias in our personal and professional lives.

Don’t miss this brand new webinar as industry leaders share their experiences about how the Certified Construction Industry Financial Professional (CCIFP) designation has opened doors and closed deals in shaping their careers. Moderated by Joe McLaughlin, CCIFP, CPA, the panelists will share a variety of success stories that all have one common denominator — the CCIFP designation. From promotions to CFO and recognitions to saving an organization millions of dollars, this webinar will inspire construction financial professionals to reach for new goals. What will be your CCIFP story?

Learn the history behind and reasons for controlled insurance programs, as well as how OCIPs work and the associated advantages and disadvantages. In addition, discover the impact of California AB2782 that went into effect on January 1, 2013, and explore how to determine adequate OCIP limits, OCIP issues/stories, and insurance requirements/additional insured coverage.

Nearly half of all contractors will go through an ownership transition and / or management succession by 2025. Learn what alternatives exist to transfer ownership along with the pros and cons of each. Also explore techniques to garner alignment and buy in from the incoming management team. Evaluate tools to identify skills gaps of the new ownership and management team and discuss resources and options for filling the gaps.

You’ve been in the industry for some time and have been promoted to Chief Financial Officer. It’s a well-earned accomplishment and now the works begins ensuring the company’s financial foothold is on a strong course. Learn from industry experts on what the CEO really wants from the CFO during this CFMA panel discussion webinar. It’s much more than delivering project forecasting, or preparing company financial statements.