Viewpoint and the Construction Financial Management Association (CFMA) have entered a joint endeavor to provide in-depth visibility into important financial, project and industry benchmarks to help contractors more reliably deliver projects on time and on budget.
Viewpoint Analytics, delivered as part of the ViewpointOne construction management suite, brings together data from construction projects, operations and back office finances into an easy-to-use reporting solution to track performance in real time. Users of Viewpoint Analytics can now access data from the CFMA's Financial Benchmarker directly from the product, allowing them to continuously compare their own financial performance against key construction industry indicators such as job profitability, liquidity and leverage, and efficiency.
"Contractors today don't have an easy way to share and make sense of all of the data captured or maintained by their central, back-office ERP and other field systems," said CFMA President and CEO Stuart Binstock. "The ability to access CFMA's Financial Benchmarking data from one central reporting location helps contractors better understand not only job or project health, but also how they compare to others and where they should focus for ongoing business continuity and growth."
