BRIQ提供的内容There is a certain nuance and flair that all construction financial managers must have in their work. Construction is an ever changing industry in an ever changing world. And often, the financial suite is the unacknowledged leader at the helm. Cash flow forecasts, WIP reports, and backlog are just a few things CFMs are trying to manage in an environment where project details like labor and materials can change on a day-to-day basis.

This is why the financial suite is in a favorable position to adopt changes that can positively benefit the whole construction organization. How do they do it? Well, you’re probably here to find out.

Investing in a software platform that aligns with the needs of the financial suite gives the whole company the ability to react faster to the often volatile construction market, empowering their people to make better decisions, mitigate risk, and optimize performance. And the right software can empower them to do all these things faster than ever before.

Often we see a pushback in this industry when the mention of “tech” comes up. Do not be afraid! This quest is not as intimidating as some people may make it seem.

金钱是施工中的常量,往往会像它一样快。但是,何时可以融资这笔钱for them? Well, hopefully now. We’re going to break down five ways construction CFOs can transform their business through planning, analysis, and the right corporate performance management system:

  • Right Person, Right Seat
  • Get Your Priorities Straight
  • Make an Outline
  • Invest in Tech
  • Roll Out

1. Right Person, Right Seat

你决定需要涉及谁,为什么,以及他们将从它中取出它。评估优势和劣势,将合适的人放在右座位上。

通常,这个“名册”是多样的,而代表了您的业务的不同部门,而不仅仅是该领域的不同行业,而不仅仅是金融或会计中的不同部门。您有不同的角度至关重要,因此您可以真正开始分析建筑公司的各个方面。知道这也是至关重要的,这些球员带到了桌子是什么?他们的日常角色是什么?他们如何与其他利益相关者联系?如何通过项目来帮助他们specificallyin their role?


2. Get Your Priorities Straight

First however, the finance team, or the stakeholders in the project, need to decide what metrics they will use to define financial and operational goals, failures, and successes. They’ll need to decide what financial data is valuable to them, what reports they want to have on a daily, monthly, and weekly basis, as well as how all department teams can collaborate on the data that is being collected and goals that are being set.


3. Prepare an Outline

您可以通过释放到每个单独的过程中涉及的流程,工作流和人员开始。确定哪些利益相关者和部门需要在某些任务上共同努力。通过您的计划概述提供您的团队以及为什么正在实施。

映射关键计算和仪表板,因此所有参与者都可以保持最新状态。是否有人需要参与一个以上的项目或任务?您是否需要从公司外部参加该项目的人?项目或倡议的必要财务和非财务组成部分是什么?需要收集哪些非财务报告,以帮助在线下进行更好的金融选择?


4. Invest in Tech

Everything needs to be digital now and really, we should try to get out of Excel when possible.

您还应该寻找基于云的东西,因为大多数数字转换的公司正在远离现场数据存储。


5. Roll Out

Adopting tech is great but it only works as one singular part of a well-oiled machine.

将您的第一个项目与可管理的部分分开,并监控您的团队以确保他们新利18备用网址能够完成所需的工具和知识,他们需要完成各自的任务。在一个每个人可以访问的情况下显示目标和里程碑(即仪表板或像您的CPM这样的通用系统)。这将为您的团队提供对期望的清晰度,展示您在轨道或偏离轨道上,并在进行进度时创建更多的购买。


在结束时

The difference between successful and unsuccessful contractors in the coming years will be their ability to adapt to change, and to transform their old ways of thinking. And the most successful construction companies are already on their way. The financial suite has the power to be the north star that leads the business to unparalleled success. What it will come down to is the critical skills it takes to plan and analyze in the modern world.

If you’d like to check out our full ebook on how CFMs can transform their business with planning and analysis, headhere.

Briqis a corporate performance management platform built specifically for construction financial professionals.

We join modern technology with hundreds of years of combined construction experience to give you deep insights into your business.

Briqunifies your financial workflows, making them more efficient, accurate and timely.

By automating workflows, consolidating financial data, and enabling real-time reporting, we allow contractors to make efficient and effective financial decisions.