Prequalification programs have been well established for a long time, but questions still persist for many in how to choose the best subcontractor, and likewise as a sub, how to put in your best effort to get the job. This session will take a deep dive into learning the prequalification process. Learn why some General Contractors (GCs) worry about Subcontractor failure?
Construction Finance
Weโll share a constant stream of good ideas and techniques to you via email, with new material about every two weeks. When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page – from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free. If you need to know the fundamentals of construction finance, then this course is for you.
- You also need to understand the major differences between the AIA documents and the new Consensus DOCS.
- Users are able to leverage role-based dashboards with curated key performance indicators (KPIs) for their specific position and team, while detailed reports give you the ability to analyze trends and identify opportunities emerging.
- Secure Cloud Hosting by SWK gives you the ability to move applications from legacy deployment models to a modern set up that lets you take advantage of the benefits of cloud-based resources while retaining control over your mission-critical systems and data.
- In each session we help you make the most of your bookkeeping toolset to drive the revenue and profits of your growing contracting business.
- Included with these reporting capabilities are drill-down functions that let you investigate anomalies within transactions and make it easier to reconcile issues.
Sage 100 Contractor Construction Accounting Software
- When you become an Apparatus client, we use our online bootcamp to give you theย understanding and insightsย youย needย so we can be successful delivering theย results yourย companyย needs.
- If you need to know the fundamentals of construction finance, then this course is for you.
- If you are interested in registering a group of individuals at your company, please contact CFMA at for more information.
- They needed to move from the chaos and confusion of their current bookkeeping to aย finely-tunedย contracting businessย bookkeeping systemย designed specifically to help them grow their business.
- When you have accurate financial information that you really understand, you have the tools and confidence you need to unlock the true potential and profitability of your construction business.
- Sam Spata provides an overview of Lean in Construction Financing and describes how to identify and mitigate risk using Lean Project Delivery Systems.
Professor Anthony Webster introduces real estate finance providing an overview of the real estate project lifecycle, a discussion on zoning code parameters, and examples of estimating the sales price of a property. Each session will provide cutting-edge material you can put to use immediately, and will showcase the ideas and results of other highly successful contractors as they employ these advanced topics. ApparatusXโข is designed for truly ambitious contracting entrepreneurs who are seeking every possible edge to grow their contracting business. If youโve decided to become an Apparatus client, youโll automatically be enrolled in our six-session Apparatus Bootcamp available only to Apparatus bookkeeping clients. When you become an Apparatus client, we use our online bootcamp to give you the understanding and insights you need so we can be successful delivering the results your company needs. The Apparatus Continuous Library is free for all our clients enrolled in our construction accounting training program.
Construction Accounting Training
Youโll come away with a deeper and broader understanding of construction accounting and financial management. Connect all of your financial workflows https://www.inkl.com/news/the-significance-of-construction-bookkeeping-for-streamlining-projects from accounts payable and billing to payroll and cash flow together in a single, consolidated ERP system. Sage 100 Contractor acts as the backbone to your construction accounting processes, designed to handle the unique complexities of bookkeeping and transactional reporting in the industry.
Grant your team a deeper level of financial insight than is available with desktop accounting software such as QuickBooks or Sage 50, as well as automation for industry-specific processes and integrated data views that help you streamline your operations. Leverage role-based dashboards and specialized reports to quickly transform raw numbers into actionable insights and drive better, more informed decision-making. Sage 100 Contractor (formerly Sage Master Builder) is a robust project accounting and management system designed to help small and mid-sized construction firms break down reporting silos and unite disparate processes in one integrated solution. Whether for general contracting, subcontracting or specialty trade work, this industry-specific software allows you to maintain consistent visibility across your entire business while also empowering your managers to automate critical tasks.
Level 4: The ApparatusXโข Coaching Program
Professor Ibrahim Odeh discusses the Mathematics of Money beginning with a definition of the Time Value of Money. Calculating simple and compound interest rates are covered along with distinguishing between nominal and effective interest rates. There is no prior knowledge that is needed; however, an understanding of simple and compound interest, financial keywords would be beneficial. Upon successful completion of the course, participants will receive a verified digital certificate from Emeritus in collaboration with Columbia Engineering Executive Education. If you are interested in registering a group of individuals at your company, please contact CFMA at for more information.
Financial Plans for Development Projects
This course is designed for new Construction Finance Managers, Construction Project Managers, Project Accountants and leaders of construction firms who are non-financial managers. When you have accurate financial information that you really understand, you have the tools and confidence you need to unlock the true potential and profitability of your construction business. If youโre a contracting entrepreneur looking to get the most benefit possible from a precision set of contractor books, you should consider the ApparatusXโข Coaching Program.ApparatusXโข is a live online coaching program available to both Apparatus clients and non-clients. Professor Bob Dewing discusses project finance and provides an overview of Global Project Finance. If youโre just looking for information to supplement your understanding of the best practices of bookkeeping for contractors, our Apparatus Continuous Library is for you.
Construction Finance Management
As a longtime Sage VAR (value-added reseller), CSP (cloud service provider) and Strategic Hosting Provider with the Sage Partner Cloud, SWKโs expert consultants will be able to help you compare your options for an on-premise versus cloud-based environment. Weโll give you accounting, payroll, reports, and CFO services you and your team need to have an in-depth understanding of the financial performance of your construction business. Members meet monthly for a three-hour group Zoomยฎ-based session, and weekly for a thirty-minute personal The Importance of Construction Bookkeeping For Streamlining Business Operations check-in session. In each session we help you make the most of your bookkeeping toolset to drive the revenue and profits of your growing contracting business.
- The program will also include some processes the company can implement for a successful business leadership transition necessary in an ownership transition.
- The Apparatus Continuous Library is free for all our clients enrolled in our construction accounting training program.
- Grant your team a deeper level of financial insight than is available with desktop accounting software such as QuickBooks or Sage 50, as well as automation for industry-specific processes and integrated data views that help you streamline your operations.
- Sage 100 Contractor brings robust project accounting and management capabilities that let you streamline your operations from the back office to field and service teams running like a well-oiled machine.
- This course is an introductory level course that is 4 hours and earns 4.0 CPE credits in the field of Management Services.
If you are looking for education for yourself, view CFMA’s upcoming education or browse the on-demand library.
