2012 Construction Industry IT & Financial Outlook

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2011 CFMA Financial Survey Results: Erika Urbani, Vice-Chairman, CFMA

Sage Construction and Real Estate Customer IT Use Survey Results: Dennis Stejskal, VP Product Management, Sage CRE

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  • SAN Membership offer is available only to those who have not been enrolled as a member in the SAN program at any time in the last 12 months. You must be a practicing accountant or bookkeeper with multiple fee-paying clients to join the Sage Accountants Network. Please allow up to 24 hours to process applications.
  • 2012 Construction Industry IT & Financial Outlook

    1. 1. Sage Construction and Real Estate Solutions2012 Construction Industry IT & Financial Outlook• “SneakPeek” 2011 CFMA Financial Survey Results: Erika Urbani, VP of Finance, R.D. Olson Construction, Irvine, CA, Vice-Chairman, CFMA• Sage Construction and Real Estate Customer IT Use Survey Results: Dennis Stejskal, VP Product Management, Sage CRE• Special offer from Sage Accountants Network• Q&A
    2. 2. “SneakPeek” “Sneak Preview”2011 CFMA Financial Survey Results Erika Urbani VP of Finance R.D. Olson Construction Irvine, CA Vice-Chairman - CFMA
    3. 3. 2011 CFMA Financial Survey Respondents by Contractor Type • 35% Industrial and Non-Residential • 17% Heavy Highway • 43% Specialty Trade • 5% Other
    4. 4. Key 2011 Survey Results • Average net margin before taxes 3.2% compared with 3.5% in 2010 • Return on assets 7.4% compared with 9.0% in 2010 • Return on Equity 20.0% compared with 26% in 2010
    5. 5. Balance Sheet Highlights and Financial Ratios • Current Ratio 1.5 to 1 in 2011 compared with 1.4 to 1 in 2010 • Quick Ratio 1.3 to 1, the same as 2010 • Debt to Equity 1.7 to 1, 1.8 in 2010
    6. 6. Income Statement Highlights
    7. 7. 2011 Survey 300-page 2011 Survey available at www.CFMA.org includes: • 2012 industry projections by CFMA Chief Economic Consultant Anirban Basu • Solutions from a tough-economy—Best Practices for moving forward • Information on Cash Management, Bonding & Surety Insurance • Segmented data by type of work, region and revenues • Benchmarking Builder CD CFMA 2011 Financial Survey Available at www.CFMA.org Contact Fern Oram at foram@cfma.org
    8. 8. Sage Construction and Real Estate Customer IT Use Survey Dennis Stejskal Sage Construction and Real Estate VP of Product Management
    9. 9. Survey Responder Breakdown
    10. 10. How Will the Economy Impact Business in 2012?
    11. 11. View of Economy by Revenue
    12. 12. Where Will Companies Seek Work in 2012? • The majority of companies (56%) plan to seek work within their geographic region in 2012. • 36% currently seek work outside of their geographic region. • 8% plan on going outside their region in 2012 for first time.
    13. 13. What Are the Top Five Sectors That Will Demand theMost Construction Work in 2012?* 46% 42% 36% 28% 20% COMMERCIAL GOVERNMENT HEALTH HIGHWAY EDUCATION CARE*Responders could select more than one sector
    14. 14. What are the Key Actions Your Business Will Take in 2012?* 57% 53% 26% 25% IMPROVE CUT DIVERSIFY AUTOMATE EFFICIENCIES EXPENSES INTO NEW MANUAL MARKETS PROCESSES*Responders could select more than one action
    15. 15. What are the Key Issues Your Business Will Face in 2012?* 43% Acquiring New Customers 43% Cost of Materials 41% Increased Competition 37% Weak Demand 21% Process Efficiency*Responders could select more than one issue
    16. 16. Top Technologies You Will Use to Address Top Issues?*35% Bidding/Estimating 29% Project Management 21% Mobile TechnologySoftware Software*Responders could select more than one technology
    17. 17. Emerging Technology Use by Revenue
    18. 18. Emerging Technology Use by Contractor Type
    19. 19. Size of IT Staff by Revenue
    20. 20. Technology Early Adopter or a Laggard by Company Type
    21. 21. Technology Early Adopter or a Laggard by Company Size
    22. 22. How Important is Mobile Technology?
    23. 23. Importance of Mobile Technology Use by Revenue
    24. 24. Importance of Mobile Technology Use by Contractor Type
    25. 25. How Will the Use of Smart Phones/PDAs, Laptops, TabletPCs, and Netbooks Change in 2012?
    26. 26. Increase in SmartPhone/PDA Use by Revenue 37% 33% 36% 32% 46% 38% Less than $2M-$5M $6M-$10M $11M-$25M $26M-$50M More than $2M $51MIncrease in SmartPhone/PDA Use by Contractor Type 37% 27% 32% 33% 32%Commercial/In Residential Remodeler Specialty Heavy Highway dustrial
    27. 27. Increase in Laptop Use by Revenue 27% 18% 22% 11% 24% 28% Less than $2M-$5M $6M-$10M $11M-$25M $26M-$50M More than $2M $51MIncrease in Laptop Use by Contractor Type 26% 20% 39% 10% 22%Commercial/In Residential Remodeler Specialty Heavy Highway dustrial
    28. 28. Increase in Tablet PC Use by Revenue 11% 11% 27% 21% 27% 54% Less than $2M-$5M $6M-$10M $11M-$25M $26M-$50M More than $2M $51MIncrease in Tablet PC Use by Contractor Type 27% 21% 26% 21% 11%Commercial/In Residential Remodeler Specialty Heavy Highway dustrial
    29. 29. How Familiar Are You With Cloud Computing? 11% 45% Very Familiar Not At All 44% Somewhat Familiar
    30. 30. What Level of Importance Will Cloud Computing Play inYour Business in 2012?
    31. 31. What Level of Importance Will Business ReportingTechnology Play in Your Business in 2012?
    32. 32. Which Business Reporting Technology Benefits Will be theMost Important to Your Business in 2012?* 81% Standardized reporting across company 36% Alerts when specific situations occur 34% Dashboard tracking across company*Responders could select more than one benefit
    33. 33. Benefits of Joining the Sage Accountants Networkfor Construction and Real Estate Solutions Join the Construction and Real Estate (CRE) Sage Accountants Network and empower your clients to run their businesses more effectively and efficiently while you grow your accounting or bookkeeping practice. Sage Timberline Office for only $499 and save $60! • Two-user version of Sage Timberline Office • Accounts Payable, Accounts Receivable, Billing General Ledger, Information Assistant, Inquiry Designer, Job Cost, Payroll, and Report Designer • Automatic product updates • Access to customer support Sage Master Builder for only $499 and Save $60! • Three-user version (standard) of Sage Master Builder • Automatic product updates • All payroll tax tables released during membership • Access to customer support Offer Expires March 20, 2012 To take advantage of this great offer and learn more about the Sage Accountants Network, please call 866-565-2726 or email AccountantsNetwork@sage.com and provide the campaign code C-3296-0001.
    34. 34. 2012 Construction Industry IT & Financial Outlook Questions Connect Sage at: 800-628-6583 www.SageCRE.com CFMA 2011 Financial Survey Available at www.CFMA.org Questions - Contact Fern Oram at foram@cfma.org

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