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September 25, 2011 9:00 AM CDT

Sage, CFMA team up to expand education

Partnership will expand educational programs for construction industry


Sage and CFMA have teamed up to offer construction-specific financial management education.

Sage and CFMA have teamed up to offer construction-specific financial management education.
Sage North America, a provider of business management software and services to more than three million small and midsized businesses in Canada and the United States, and the Construction Financial Management Association (CFMA), an international professional non-profit association focused on the educational needs of financial professionals in construction, announced that Sage’s Construction and Real Estate (CRE) business will partner with the association to deliver quality educational programs to CFMA members and the overall construction industry. The partnership seeks to accelerate the development of timely, relevant educational content fulfilling the specialized learning needs of financial managers working in the construction industry.

For more than 40 years, Sage has been developing industry-specific accounting and operational management software for the construction and real estate industries. Through this partnership, Sage will sponsor various existing CFMA educational programs, as well as fund the establishment of the Sage Educational Fellowship which will develop new educational programs.

“As the construction industry has grown more complex and is undergoing a transformation, construction financial professionals need solutions to the challenges they face every day,” said Jon Witty, general manager of Sage Construction and Real Estate. “CFMA has established itself in the industry as a trusted provider of educational programs and resources to financial managers. We are pleased that this unprecedented partnership will help expand CFMA’s already robust educational program.”

CFMA is the only professional organization dedicated to serving its members by providing critical industry research and specialized financial information and education to construction financial managers and professionals. CFMA is known as the source and resource for construction financial managers to help them achieve better bottom lines.

“Working with Sage to advance educational programs in construction will be a boon to the field as a whole,” said Stuart Binstock, President & Chief Executive Officer of CFMA. “CFMA takes pride in delivering the best learning opportunities to its members. Partnering with a market leader such as Sage will allow us to further expand those opportunities for our members and the broader construction community.”

Sage’s construction and real estate products include Sage Timberline Office, Sage Timberline Enterprise, Sage Master Builder, and Sage Peachtree software that are industry-tailored to help companies optimize financial and operational performance. With over 40 years in the industry and more than 20,000 construction and real estate customers, Sage product lines have been recognized as the most widely used applications for construction estimating, job costing, accounting, payroll, and project management in the mid-market, according to the Construction Financial Management Association's (CFMA) 2010 Information Technology Survey for the Construction Industry.

About the Author

Mike Verbanic is the Director of Marketing for the Construction Financial Management Association.


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