Sage & CFMA Renew Partnership Agreement Supporting Industry Education


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Sage and the Construction Financial Management Association Renew Partnership Agreement Supporting Industry Education

Partnership will expand construction-specific financial management education

IRVINE, CA, and PRINCETON, NJ (April 2, 2013) – 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 nonprofit association focused on the educational needs of financial professionals in construction, today announced that Sage Construction and Real Estate will renew its partnership with the association to deliver quality educational programs to CFMA members and to the construction industry overall.

This partnership accelerates 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 provided construction and real estate companies with industry-specific financial and operations software. Over the past year the Sage Educational Fellowship has funded the development of three new educational courses for financial managers. Sage serves as the official sponsor of CFMA’s The Basics of Construction Accounting, Accounting & Reporting, and Project Management chapter classroom courses. Sage will continue to fund CFMA educational programs and expand the Sage Educational Fellowship program through the renewed partnership.

“Our educational partnership with CFMA is solidly in line with our commitment to the industry and our aim to help construction and real estate companies achieve the best job-ready practices needed to build strong businesses. Together, Sage and CFMA have the experience needed to best serve the financial education needs of the construction industry,” said Jon Witty, vice president and general manager of Sage Construction and Real Estate. “CFMA is a leading provider of educational programs and resources to financial managers in the industry, while Sage, as an industry leader in construction business management software, has the practical experience of working with more than 40,000 construction and real estate customers, including accounting professionals within the Sage Accountants Network.”

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.

“The Sage commitment to the industry, and specifically to education, makes it a truly valued partner of CFMA,” said Stuart Binstock, president and chief executive officer of CFMA. “Working together this past year, we have been able to expand learning opportunities for our members and the broader construction community. We look forward to how much more we can accomplish together in the coming year.”

With more than 40 years of industry experience, Sage keeps projects moving with the most job-ready and people-connected solutions for construction and real estate. Its 40,000 customers manage more than 400,000 jobs, 5.7 million subcontracts and 622,000 rental units each year with Sage products, including: Sage Construction Anywhere, Sage 300 Construction and Real Estate (formerly Sage Timberline Office), Sage 300 Trade Specialty (formerly Sage Timberline Enterprise), Sage Estimating (formerly Sage Timberline Estimating), Sage 100 Contractor (formerly Sage Master Builder) and Sage 50 Construction Accounting (formerly Sage Peachtree Premium Accounting for Construction). Follow Sage Construction and Real Estate on Twitter®, Facebook® and LinkedIn® and through its Plumb Bob Square Rants blog.

About Sage
Sage is a leading global supplier of business management software and services for small and midsized businesses. The Sage Group plc, formed in 1981, was floated on the London Stock Exchange in 1989 and now employs more than 13,500 people and supports more than 6 million customers worldwide. For more information about Sage in North America, please visit the company website at Follow Sage North America on Facebook, and Twitter.

About CFMA
Founded in 1981, CFMA is the only organization dedicated to bringing together construction financial professionals and those partners serving their unique needs. CFMA serves more than 6,500 members via 88 chapters located throughout the U.S. and Canada. Members include CFOs, controllers, and treasurers working in major commercial construction contractors including contractors in general, sub-specialty trades and heavy/highway sectors. CFMA members also include those professionals who service the financial professionals within the industry, such as accountants, surety agents, bankers, information technology, and other professionals. For more information about CFMA, visit Follow CFMA on Facebook, Twitter and LinkedIn.

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