Showing posts from May, 2016

Financial Benchmarker Deadline is FAST approaching!

CFMA has been providing a Financial Benchmarker service offering to its member since 1989.  Over the past few years, respondent input levels had shown signs of some decline.  Efforts to address this have resulted in a streamlining of the data submission process and acceleration of the collection period to allow survey results to be available to users earlier than in the past.

In many ways, the benefit one receives from his / her CFMA experiences is directly tied to the level of one’s involvement and the Financial Benchmarker can be an excellent tool to help develop industry specific skills in serving the needs of one’s company and / or clients and thereby enhancing the value proposition of CFMA membership. This year, the amount of time required to complete the survey has been significantly reduced! Contractors
We need your company’s information to best deliver the data that details the industry!
PLUS, all Participants will receive: 2016 Financial Survey ReportMy Company Performance Repo…

29 Days To Go!

So excited the Valley of the Sun will have 38 members in San Antonio! You still have time to register and join us! There are all kinds of good tips and tools here:

See you there!

May/June CFMA Building Profits Article


Community Service Opportunity! Sign Up Today!


2nd Annual CFMA Southwest Regional Conference

TheSanDiego,OrangeCounty,ValleyoftheSun,LasVegas,Inland EmpireandAlbuquerqueCFMAchaptershavejoinedtogetherto provideour2ndAnnualCFMASouthwestRegionalConference. Together,we arecommittedtodeliveringthebestnetworking, education,andtrainingexperienceofanykindinthefieldofconstructionaccountingandfinance.
We understand the challenges Construction Financial Managers face and we realize you do not have the time or resources to stay abreast of all aspects of what that job entails. That is why we created this annual event.
This year’s conference will include two information-packed days, including expert keynote speakers who provide great insight about topics such as surety and bonding, technology, human resources, taxes and overall industry changes and updates. You have no-doubt been very aware of how changing market demands are forcing change on how you do business. What you do not know can hurt you. Can you really afford NOT to attend? REGISTER TODAY!

Meet your 2016-2017 Officers and Board of Directors!


Alert: Exemptions Rule Finalized; Effective December 1

Today, President Barack Obama and Secretary of Labor Thomas Perez announced the publication of the U.S. Department of Labor’s (DOL) Final Rule modifying the white-collar exemptions and overtime regulations, which the DOL claims will extend overtime pay to more than 4 million workers within the first year of implementation. The Final Rule takes effect December 1, 2016.

The DOL’s proposed rule, which appeared in the Federal Register on July 6, 2015 (80 FR 38515), originally called for the minimum salary for exempt employees to be set at $970 per week or $50,440 annually. However, after considering more than 270,000 written comments, the DOL arrived at a lower minimum threshold.

The Final Rule increases the minimum salary and compensation levels needed for Executive, Administrative, and Professional workers in order to be exempt. Specifically, the Final Rule:

Sets the minimum salary level for exempt employees at $913 per week or $47,476 annually, up from $455 per week or $23,6…

TUG National Users Conference is in town!

The Annual TUG National Users Conference is the largest conference in the country where all levels of users of the following software meet to share knowledge, ideas and experiences:
Sage 300 Construction and Real EstateSage 100 ContractorSage EstimatingThis year, the 2016 TUG National Users Conference is being held May 17-20 at the Sheraton Wild Horse Pass Resort & Spa in Chandler (Phoenix), Arizona and our very own Vice President Michelle Walker was a presenter today:

This is the first time CFMA offered this education at the event and they had a little over 20 attendees. The presentation went well and we are all hopeful CFMA will continue to provide education at this event in future years.

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The 2nd Annual CFMA Southwest Regional Conference is coming!