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Construction Benchmarks: Technology for Financial Health

Carol Hagen

The Construction Financial Management Association (CFMA) has a hidden gem that outsiders are unaware of. It’s the Benchmarking Builder, part of the CFMA’s Annual Financial Survey. There are metrics for Highway/Heavy, General Contracting and Specialty Trades to compare apples to apples in the CFMA Benchmarker.

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Construction Business Owner Blogs

Construction Business Owner

SOFTWARE |. Software & Technology. Industry News. Industry Statistics. Last week I had the privilege of attending the annual leadership conference of the Construction Financial Management Association (CFMA). The CFMA was formed around the common business problems of construction and of financial management.

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Essential Construction KPIs to Improve Profits and Productivity

Autodesk Construction Cloud

However, standardizing the way software is used may correct this. But just in case you need a refresher on the purpose KPIs serves, here is how the Construction Financial Management Association (CFMA) defines them. CFMA describes KPIs as being vital signs that show whether “your business is functioning according to plan.”