The Importance of Financial Management

While starting or running a construction business, financial management is critically important for business owners and managers. While everyday business decisions are made, it is imperative that cash flow, profit, financial statements, investment opportunities, etc. are carefully analyzed. Financial managers ensure tight financial control, make precise calculations of the capital required for the company, form the capital structure, allocate profits, and manage money efficiently. Why is financial management a necessity in every construction business? 👉 …

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Ujimatec’s Software: 5 Key Benefits for Controllers and CFO’s

Being Chief Financial Officer (CFO) or Controller, you know that operations, controls, leadership, and strategy are the key main features of this role. To make accurate, reasonable financial decisions, you need the possibility to have quick access to needed data. In this job position, risk reduction is an essential component leading to success. One of the most important concerns for CFOs are revenue, execution, skilled labor shortages, and growth. Flexible and secure accounting controls, audit …

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Get Your CFMA Membership for FREE

Through Ujimatec’s partnership with Acumatica and the Construction Financial Management Association (CFMA), Ujimatec is happy to be able to give their customers 1 year membership for FREE from this construction organization. CFMA stands for Construction Financial Management Association, which provides education and highly useful resources to its more than 8,600 members. The aim of this membership is to unite professionals in construction finance with valuable partners. It cooperates with Certified Construction Industry Financial Professionals (ICCIFP) …

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