Software Hardware

  • 1.  Machine-readable WIP Reports

    Posted 09-19-2022 09:09
    In today's Construction Financial environment, we are seeing more and more data pass in binary (Machine-readable) form.  Electronic timesheets, electronic banking, digitized procurements, electronic signatures are a few examples.  WIP reports are filed one to twelve times a year and most of this is occurring using paper, Excel or PDF.  Input on your WIP processes can help move us from this analog process to a true binary world for construction financials.  

    "The Small Business Administration (SBA) has modernized contractor financial reporting. CFMA wants your input on digitizing financial reporting with machine-readable WIP reports. How are you reporting WIP data today? How could that change in the future? Let us know by taking a few minutes to answer this survey."

    Please take a few minutes to take the:  Modern Methods of Contractor Financial Reporting Survey  listed in this months CFMA Bottom Lines.



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    Dennis Stejskal
    Director - Construction Strategy
    Sage
    Beaverton OR
    (503) 475-3310
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  • 2.  RE: Machine-readable WIP Reports

    Posted 09-22-2022 13:55
    Dennis, thanks for putting this survey together!  Look forward to your findings from the feedback.  We'll be encouraging our clients to fill out the survey.

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    Rhonda Huismann CCIFP, CPA, MST
    Partner
    Crowe
    Grand Rapids MI
    (616) 752-4226
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    Original Message


  • 3.  RE: Machine-readable WIP Reports

    Posted 10-06-2022 15:39
    Thanks to everyone who participated in the "Modern Methods of Contractor Financial Reporting Survey".  Once we have reviewed and consumed the data, we will provide a survey recap to you.  

    For those that did not have a chance to participate in the survey, we will hold the survey open through October 10.  If you have not responded your input is valuable to us. 

    For your convenience, here is the survey link:  Modern Methods of Contractor Financial Reporting Survey 

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    Dennis Stejskal
    Director - Construction Strategy
    Sage
    Beaverton OR
    (503) 475-3310
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    Original Message