We apologize for the brief delay in launching CFMA’s new education and certification platforms. The CCIFP Recertification deadline has been extended to April 30, 2025. We truly appreciate your patience as we put the finishing touches on changes that are designed to improve and enhance your CFMA experience!

Small-Firm Roundtable

The Small-Firm Contractor Roundtable held on May 17 at CFMA’s 2022 Annual Conference & Exhibition drew more than 40 construction financial professionals who were engaged in discussing topics of interest to contractors in the $1-25 million revenue range.

Bobby Karam, Manager of Crowe’s Strategic Sourcing & Logistics Optimization Practice, presented on the topic of emerging from the pandemic and supply chain disruption. Patsy Anderson-Dunn then facilitated the roundtable discussions on the topic, which produced a variety of takeaways including:

  • Establishing internal controls (how long pricing is good for, dates, etc.)
  • Buying larger quantities where necessary
  • Adjusting to offer more standardized offerings
  • Selling extra inventory online as an additional profit center
  • Adjusting your just in time inventory

Lori Swisher facilitated the open topic roundtable discussions, which included the following takeaways:

  • Develop better equipment utilization and compare owning, leasing, and renting
  • Use the tool GEOPIN to track equipment
  • Ensure your benefits align with those you are trying to attract
  • Utilize internships

A special thanks to the facilitators who helped develop the agenda and served as facilitators during the roundtable discussions.