Identification: DPG2
What are the benefits of certification? Do I meet the eligibility requirements? What is the best way to prepare? What is required to maintain my certification? The answer to these questions and more will be answered during this session. Learn firsthand from your peers about the certification process and how achieving the industry’s only accredited certification for construction financial managers enhances your individual career and practice development for CPA firms.
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Identification: DPG1
Learn about the key data from CFMA’s Benchmarker and how it can impact your company. Learn and share Benchmarker best practices with your conference peers, and walk away with benchmarking techniques that can help you improve your company’s financial and operational performance. Learn about KPIs most relevant to contractors, including those related to liquidity, profitability, leverage, efficiency, and productivity.
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Identification: DPG3
CFMA is looking for new speakers and subject matter experts (SMEs) to participate in our ever-growing educational offerings. Learn about the opportunities, resources, and content that will assist with your potential involvement as a CFMA speaker or SME.
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Identification: A1
Identification: ADV1
Identification: B1
Competition for construction talent has created a volatile atmosphere where hiring involves a significant risk of time and money. This session is a deep dive into processes and strategies to improve your hiring process and mitigate risk. We’ll talk through how the speed of your process impacts your results, examine typical process bottlenecks, and how to correct common process blunders to prevent bad hires and potential legal problems. This session includes analysis of candidate behavior, how to interpret it, and how to develop standard practices to deal with red flags that may arise from it. You'll also discover how to manage the difficult topic of compensation with candidates, and hear enlightening information on how and when to extend the offer. Don't miss the “war stories” from the trenches and how these strategies have saved time, money, and improved results for many construction companies.
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Identification: R1
Although construction is a much safer industry for workers today than in the past, workplace injuries still occur. One mishandled injury, even if it is seemingly minor, can result in years of negative impact on a company’s finances and reputation. Being prepared to deal with issues related to an injured employee before an event happens is key to minimizing the damage. This session will examine the various ways that an injury claim can affect a company’s Experience Modification Rating (EMR), Incident Rate Ratios, and employee morale as well as what can be done to minimize the effect of an injury by having proper policies and processes in place to effectively manage a claim. An insurance agent with a progressive approach to managing workers' comp claims and the CFO/HR Manager of a contractor will co-present to bring experience and provide insight from different angles of handling an injury claim.
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Identification: T1
By the end of 2016, an estimated 73% of companies across different industries will have invested in big data analytics. In the construction industry, however, a mere 6% of professionals are familiar with the concept of the Internet of Things (IOT). By innovating operations with analytics, contractors have the opportunity to be on the forefront of a revolution. This session will introduce techniques for data collection and analytic integration to fuel profitability. It will also present key areas of the business for implementation and teach accurate analysis methods to support positive organizational change.
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Identification: S1
Subcontractors are faced with numerous risks, including onerous clauses in the subcontract. Subcontractors must decide whether to insure against them, try to change the language, or pass on the job. This session will look at those objectionable clauses and identify those that can be insured against, those that can even the playing field by changing a word or two, or when it is wise to say thanks but no thanks.
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Identification: T2
Software for construction field operations, including mobile technology, is evolving rapidly and is critical to profitability. The faster a company has accurate information on what is happening in the field, the faster it can react to protect margins. Minimizing inefficiency, redundancy, and delays in this data capture and analysis process are parallel goals. This session will cover field operations software approaches, unifying field applications with accounting/ERP systems and other workflows, and strategies for successful deployment.
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