AGENDA

1:00pm

2:00pm - 5:00pm

Join us for an insightful Sunday afternoon session at the CFMA Great Lakes Regional conference, where subject matter experts from various firms will explore essential aspects of AI in construction financial management. This session is tailored to equip you with actionable strategies to excel in contract reviews, strengthen your cybersecurity and HR practices, and integrate key operational areas for maximum efficiency.

Contract Reviews
The First Rule Team, shares how their proprietary contract rules, battle-tested negotiation techniques, and tactical communication strategies can have an enormous impact on your company’s bottom line.

The Contract Reviews (90 Minutes)
Presented by: Rhonda Huismann, Victor Sturgis, & Eliot Wagonheim, First Rule
Discover a foundational principle critical to success:

·     Techniques for Thorough Analysis: Master the art of dissecting complex agreements

·     Risk Mitigation & Opportunities: Learn strategies to protect your company and optimize terms

Cyber Security, Insurance, and HR  (45 minutes)
Presented by: Arctic Wolf (speaker TBD) Alex Clark & Ken Bos, Hylant
Experts from Hylant and HR Collaborative will deliver a fast-paced, high-impact discussion:

·     Cyber Security: Protocols and best practices to safeguard your data

·     Insurance: Coverage options and risk management essentials for today’s challenges

·     HR: Policies and compliance strategies tailored to the construction industry

Integration (45 minutes)
Presented by: Beverlie Cote & Derek Shinska, Hylant
Featuring insights from multiple speakers, this segment ties it all together:

·     Financial Integration & Reporting: Enhance visibility across your operations

·     Budgeting & Forecasting: Refine your financial planning techniques

·     Project Management Tools: Leverage cutting-edge solutions for coordination

·     Job-site Safety Standards: Embed compliance into daily workflows

·     Technology & Automation: Streamline processes for smarter decision-making

5:00pm - 7:00pm

7:00pm - 9:00pm

7:00am - 8:00am

8:00am - 9:15am

Presentation by: Scott Colbert, Commerce Bank

Session Overview:
More information coming soon.

Level: TBD
CPE Credits in TBD

9:25am - 10:40am

Presentation by: Michael Krucker, Plante Moran & Lauren Wegener, Plante Moran

Session Overview:
Historic labor shortages contrasted with a predicted global market value of $16.6 trillion by 2025, now is the time to implement strategies to hire, train, and retain top talent in the construction industry. Providing a more effective total rewards package will help construction firms overcome these challenges and remain competitive in the market, but what does that mean in the current environment? Employees want meaningful benefits packages, effective retirement solutions, and overall workplace wellness. During this session, we will discuss overall trends we are seeing in the industry and alternative approaches to long-term incentive compensation strategies – particularly focusing on programs for current and emerging leaders within your organization.

Learning Objectives:
·      Identify market trends relative to long-term incentive compensation structures
·      Distinguish the various long-term incentive compensation alternatives
·      Discuss considerations in developing (or updating) a long-term incentive compensation approach for current and emerging leaders within your organization
·      Outline the tax and accounting implications of the alternatives presented

Level: Intermediate
CPE Credits in TBD

9:25am - 10:40am

Presentation by: Dave Brueckman & Alan Burn, Michigan (CAOM)

Session Overview:
More information coming soon.

Level: TBD
CPE Credits in TBD

10:50am - 12:05pm

Presentation by: Chris Duprey, Granger Construction Company

Session Overview:
Unless you have an unlimited budget to hire a full, highly qualified staff, the reality is that most financial managers have to fill the roles of Strategist, Business Transformation Leader, Mentor, and unfortunately, Senior Staff Accountant.  By implementing certain processes, tools and techniques to address recurring obligations, you can minimize the time you spend as Senior Staff Accountant, so you can focus the proper energy on the other, higher-value added aspects of your role.

Learning Objectives:
·      Identifying recurring reporting and audit obligations, and formulating strategies to address those efficiently
·      Become enough of a “technician” about various financial and tax concepts, to allow you maximize value for your company and grow your own skill
·      Developing a daily and weekly work structure that functions well for you

Level: Intermediate
3.0 CPE Credits in TBD

10:50am - 12:05pm

Presentation by: Justin Stemple, Warner, Norcross + Judd LLP

Session Overview:
Please join us for a discussion on Employee Stock Ownership Plans (ESOPs) with Justin Stemple, Partner at the law firm of Warner, Norcross + Judd LLP.

During this event, we will discuss:
·      An overview of how an ESOP operates and how it can be used as an ownership transition tool and an employee benefit.
·      The circumstances that suggest a business owners should consider an ESOP program.
·      How ESOP transactions are implemented and the associated tax benefits available to the selling shareholders, company, and employees.

Level: TBD
CPE Credits in TBD

12:30pm - 2:00pm

Presentation by: Mark Dantonio

Session Overview:
More information coming soon.

Level: Intermediate
CPE Credits in TBD

2:10pm - 3:10pm

Presentation by: Tim Walsh, Oswald & William Powell, Donley Companies

Session Overview:
·      Wrap-Up Insurance Overview (OCIP/CCIP)
·      Wrap-Up Terms
·      Wrap-Up Documents
·      Bid Credit Methodologies
·      Things to Look Out for

Level: Intermediate
CPE Credits in TBD

2:10pm - 3:10pm

Presentation by: TBA

Session Overview:
More information coming soon.

Level: Intermediate
CPE Credits in TBD

3:20pm - 4:20pm

Presentation by: TBA

Session Overview:
More information coming soon.

Level: Intermediate
CPE Credits in TBD