Acumatica, an industry-leading business solutions provider, and the Construction Financial Management Association (CFMA), announced a program to provide a free one-year CFMA membership to Acumatica construction customers. The “Build Better with Acumatica and CFMA” Program is designed to provide emerging mid-sized construction companies with the resources CFMA offers alongside award-winning cloud ERP functionality tailored to their specific construction needs.
Acumatica construction customers can submit their data to CFMA’s Financial Benchmarker through Acumatica’s Construction Edition. The Financial Benchmarker helps construction financial professionals evaluate their company’s performance and report on how it compares with the industry regarding key ratios and interpretive commentary on liquidity, profitability, leverage, and efficiency. Participating customers will be able to compare their companies’ financial performance with peer results in composite and access educational materials available through CFMA.
“We understand the transformative shift the construction industry faces, fueled by rapid technological advancement and evolving workforce demographics,” said Joel Hoffman, director of product management, construction, at Acumatica. “Intelligent business management systems like Acumatica are crucial to overcoming these challenges. Our participation in the CFMA conference and ‘Build Better Program’ showcases how our solution can enhance efficiency, ensure compliance and attract tech-savvy talent for construction firms while highlighting the benefits of CFMA membership, including valuable resources, expertise and networking opportunities.”
Construction firms interested in the program and Acumatica’s business management solution can demo the technology at CFMA’s 2024 Annual Conference & Exhibition. The event will take place from May 18 to 22 at the Gaylord Texan Resort & Convention Center in Grapevine, Texas. Acumatica is set to showcase its Construction Edition, highlighting the transformative impact of its product on enabling construction companies to navigate industry challenges, including complex project portfolios, stringent compliance requirements, and talent acquisition and retention.
Acumatica Construction Edition is built to equip construction businesses with a fully connected, integrated, automated system resting on a secure, intelligent platform accessible from any device. The product meets the front office, back office, and job site needs of residential and commercial construction professionals, providing them with a single source of truth with comprehensive business data and project management capabilities.
“We’re thrilled to welcome Acumatica to CFMA’s 2024 Annual Conference & Exhibition and to partner with them in the ‘Build Better Program’,” said Neil Shah, president and CEO of CFMA. “Acumatica’s commitment to empowering mid-market construction firms aligns with our mission to equip construction financial professionals with the tools they need to achieve financial excellence and operational efficiency.”
To learn more about Acumatica Construction Edition, stop by booth 121 or visit acumatica.com/cfma. To learn more about the Construction Financial Benchmarker or CFMA, visit cfma.org.
About Acumatica
Acumatica Cloud ERP provides the best business management solution for transforming your company to thrive in the new digital economy. Built on a future-proof platform with open architecture for rapid integrations, scalability, and ease of use, Acumatica delivers unparalleled value to small and midmarket organizations. Connected Business. Delivered. For more information, visit www.acumatica.com.
About CFMA
The Construction Financial Management Association is the only nonprofit organization dedicated to serving the needs of today’s construction financial professionals. CFMA provides essential resources, education, and a supportive community for individuals across various sectors within the construction industry. CFMA’s Certified Construction Industry Financial Professional (CCIFP) designation has been the recognized standard of excellence for competent and ethical construction financial management for 20 years. For more information about CFMA, visit www.cfma.org.
