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By: Brian M. Andrew
If today’s CFMs have a mantra, it’s probably something like: I know I can accomplish more with fewer resources. I know I can, I know I can . . .
For example, tighter credit markets have pushed CFMs to find better ways to monitor profitability and cash flow. And for many construction companies, overhead reductions have placed bigger burdens on newly downsized accounting teams.
Both of these scenarios drive the need for greater efficiency through process improvement.