IRVINE, CA and PRINCETON, NJ--(Marketwired - Jan 7, 2015) - Sage North America, a leading provider of business management software and services to small and medium-sized businesses, 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 will renew its partnership with the association. The partnership will help deliver quality, accessible, educational programs to CFMA members and to the construction industry overall.

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"We are proud to continue our partnership with CFMA to facilitate the education of financial managers in the construction industry," said Jon Witty, vice president and general manager of Sage Construction and Real Estate. "As the market leader, Sage is uniquely equipped to support construction and real estate companies by creating greater freedom for them to succeed."

This year, Sage and CFMA will extend their educational programs and opportunities to the members of the Sage Accountants Network. "Serving the construction industry is one of the most sought-after specializations for CPA firms," said Jennifer Warawa, vice president and general manager of Sage Accountant Solutions. "We are excited to now provide construction industry education to our Sage Accountants Network through this extended partnership with CFMA."

CFMA will be converting many of its courses, previously only held live, into webcast format. CFMA's president and CEO, Stuart Binstock, said, "With the support of Sage over the last year, CFMA has been able to move some of our courses to a web-based delivery mechanism, and the results have gone beyond our expectations -- increasing the exposure of some of our more popular courses and allowing more people in the industry to take advantage of our educational services."

The Sage Educational Fellowship has funded the development of three new educational courses for financial managers, funded CFMA educational programs and additionally expanded the Sage Educational Fellowship program. With this renewed partnership, Sage will serve as the official sponsor of all CFMA WebLive courses, which include the following online courses:

  • The Basics of Construction Accounting
  • Contracts 101
  • Cash Management
  • Advanced Cash Forecasting
  • 360 Degrees of WIP
  • Treasury Management Series

Sage is also sponsoring three of CFMA's Group Live Educational Courses (Chapter offered courses):

  • The Basics
  • Accounting & Reporting
  • Project Management

CFMA, known as the source and resource for construction financial professionals to help them achieve better bottom lines, 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 chapters in major cities from Maine to Hawaii offer local workshops, seminars, and programs that complement member services provided by CFMA Headquarters in Princeton, NJ. CFMA currently has more than 7,000 members in 88 chapters throughout the U.S. and Canada.

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 50,000 customers manage more than 500,000 jobs, seven million subcontracts and 622,000 rental units each year with Sage products, including: Sage Construction Anywhere, Sage 300 Construction and Real Estate, Sage 300 Trade Specialty, Sage Estimating, Sage 100 Contractor and Sage 50 Construction Accounting. Follow Sage Construction and Real Estate on Twitter® (, Facebook® and LinkedIn® ( and through its blog (

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About The Sage Group, plc
We provide small and medium-sized organizations with a range of easy-to-use, secure, and efficient business management software and services -- from accounting and payroll to enterprise resource planning, customer relationship management, and payments. Our customers receive continuous advice and support through our global network of local experts to help them solve their business problems, giving them the confidence to achieve their business ambitions. Formed in 1981, Sage was floated on the London Stock Exchange in 1989 and entered the FTSE 100 in 1999. Sage has millions of customers and 12,975 employees in 23 countries covering the UK & Ireland, mainland Europe, North America, South Africa, Australia, Asia, and Brazil. 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 providing construction financial professionals with unparalleled career development and networking opportunities. Along with publishing the award-winning CFMA Building Profits, CFMA offers educational, professional, and connection programs through its 88 chapters, Annual Conference, and online learning to more than 7,000 members. CFMA members are CFOs, controllers, and treasurers working at major commercial construction contractors in general, subspecialty trades, and heavy highway sectors, as well as those professionals who service these industry financial professionals, such as accountants, surety agents, bankers, and IT specialists. For more information about CFMA, visit Follow CFMA on Facebook, Twitter and LinkedIn

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Natalia Mikha
Sage North America

Fern Oram