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Archive for July, 2011

Fundamentals of Finance and Accounting for Engineers and Architects

Wednesday, July 27th, 2011

You know how to be an architect or engineer, but when it comes to the financial side of the business, it doesn’t come as easy.  For principals, or those who wish to be a principal someday, it’s imperative that they understand the key financial metrics for an AE firm.  Gaining greater knowledge about finance and accounting will also take your firm’s profitability and even your relationships with your clients, to a new level.

In this AE Best Practice Webinar available on-demand, veteran AE financial expert Ian Rusk discusses the fundamentals of accounting, financial statements, fiscal performance, and future planning in terms familiar to engineers and architects.

What You’ll Learn:

  • Fundamental aspects of accounting for AE firms that architects and engineers need to know
  • The basics of how to read and interpret financial statements such as an income statement and balance sheet
  • Important measures of financial and project performance you should be monitoring
  • Understanding and tracking forward looking financial metrics
  • The importance of cash flow management and how you can help

 

Watch It Now!

 

About Axium
Axium helps streamline difficult processes and increase profitability with easy-to-use accounting software and project management software for engineers and architects.

Easiest Way to Increase Firm Profits?

Thursday, July 14th, 2011

Two-Part AE Best Practice Webinar Series July 21st & July 28th

The most successful firms make financial information about projects available to their project managers at any time.  Projects are more profitable when project managers monitor time entry daily, watch how they’re trending on budgets in real-time, and view client invoices throughout the life of a project.

Part 1 (July 21st): How Project Managers Can Better Control Costs and Increase Project Profits

In this best practices webinar, you’ll learn:

  • 6 specific areas you should work to integrate the efforts of accounting with your project managers
  • 6 ways to help spur a better time-entry culture
  • 2 ways you can determine the ROI on internal work-flow changes
  • Steps you can take to have more successful project reviews with your project team that will help control costs and increase profits

Architecture and Engineering Best Practice Webinar

Part 2 (July 28th: How Has Successful Accounting & Project Management Integration Impacted Your Firm?

In part two, you’ll hear real-world examples, as employees from firms share how they’ve improved their accounting and project management processes and the specific financial and cultural impact it’s having at their firm.

You’ll hear:

  • What a truly integrated project looks like and the ways it is positively impacting other firms
  • The key data that is being put in project manager’s hands in real-time and how it is improving their projects
  • How others have created a billing process even project managers love
  • And much more!

 

Architecture and Engineering Best Practice Webinar

About Axium
Axium helps streamline difficult processes and increase profitability with easy-to-use accounting software and project management software for engineers and architects.

10 Things You Can Do to Win More Federal Contracts

Tuesday, July 5th, 2011

10 Things You Can Do to Win More Federal Contracts

The federal government publishes hundreds of solicitations every day on a publicly accessible website.  Within 15 minutes, you can generate a long list of upcoming procurements for architectural, engineering, or environmental consulting services.

But aside from creating a tall stack of paper, what does this achieve?  Without a clear understanding of the market and a real strategy that plays to your firm’s strengths, the answer is: more confusion.

In this FREE best practice webinar on July 14th, you’ll learn 10 things you can you do in the next 10 weeks to win more contracts.  You’ll get 10 action items in the following four categories:

  • Identify 5 near-term and 5 longer-term federal contracts that you can win. After 10-weeks, you should have five tangible, near-term contract pursuit opportunities in hand and an equal number of longer-term opportunities.
  • Perform actionable market research. You’ll learn how to find out which federal agencies are the leading purchasers of the types of A/E, environmental, or other services that your firm provides and how much of these services they procure in your geographic areas of interest.
  • Kick-start the development of relationships that will yield results in the federal market. We’ll teach you how to identify at least 100 specific people with whom you should start to build an effective federal network.
  • Improve your proposal writing infrastructure. You’ll walk away with specific steps you can take to see tangible improvements in the next 10 weeks.

Webinar Presenter:

Dave Alexander of Lincoln Strategies, LLC, has more than 30 years of experience in the federal market.  He has helped many professional services firms, including some of the nation’s largest A/E and environmental firms, win federal contracts.

 

Watch This AE Best Practice Webinar Now!

 

About Axium
Axium helps streamline difficult processes and increase profitability with easy-to-use accounting software and project management software for engineers and architects.

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