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Forvis Mazars Expands Construction Industry Services
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Subscribe09 SEP 2024 / SERVICES UPDATES
Forvis Mazars, a leading public accounting and consulting firm in the US, is launching a Construction Technology Services consulting practice to help construction companies adopt digital-first strategies for improved project management, financial reporting, and real-time data access. Spearheaded by Managing Directors Steve Maddox and Jim Wagner, formerly of construction technology firm ConTech360, the initiative boosts Forvis Mazars' commitment to the industry, strengthening its services offering at a time of heightened demand for construction technology solutions.
Forvis Mazars, LLP, one of the largest public accounting and consulting firms in the U.S., has introduced its Construction Technology Services consulting practice to better support clients in the construction industry with advanced digital solutions. This new practice is tailored to help construction companies adopt digital-first strategies that streamline financial reporting, improve project management, and facilitate real-time data access for quicker, informed decision-making. The initiative reflects Forvis Mazars' century-long commitment to advancing the construction sector through industry-specific services.
Spearheading the consulting practice are Managing Directors Steve Maddox and Jim Wagner, former founders of ConTech360, a Charlotte, North Carolina-based construction technology firm. ConTech360 joined Forvis Mazars on September 1, following the acquisition of its assets, enhancing the firm’s capabilities in construction technology. This merger, along with Forvis Mazars' recent designation as a Trimble Authorized Business Development Partner, further strengthens the firm’s resources to meet the industry’s evolving demands.
Jason Myers, National Industry Leader for Construction and Real Estate at Forvis Mazars, commented, "Digital transformation is having a major impact on our industry and is a huge focus area for many of the clients we serve. We have a deep understanding of both the challenges and opportunities of technology adoption and implementation. Forvis Mazars is investing in our capabilities and our team—including the addition of experienced leaders such as Jim and Steve—so we can help our clients unlock their full potential as they invest in themselves at this critical time."
The Construction Technology Services practice adopts a tailored approach to guide clients in shaping a clear vision for technology integration. This includes in-depth evaluations of current systems, identifying requirements for scalable growth, and reviewing software options. Some of the core offerings include:
- Robotic Process Automation (RPA): Streamlining manual tasks to cut costs and allow teams to focus on high-value work.
- Business Intelligence (BI) and Reporting Tools: Generating actionable insights and measuring business performance.
- ERP System Selection and Implementation: Supporting clients with ERP solutions like Trimble's Viewpoint Spectrum and Vista, alongside best practices in accounting and assurance.
Forvis Mazars is also focused on helping clients establish an agile, efficient company culture that leverages advanced tools to optimize operational efficiency.
According to Mike Trammell, Construction and Real Estate Consulting Leader at Forvis Mazars, "The demand for technology solutions in our industry is at an all-time high as legacy systems are being replaced with cutting-edge tools that are helping drive business decisions. Companies that are proactive and forward-thinking about technology will be better positioned to compete by attracting and retaining talent, providing greater value to their clients, and growing their business."
With this new practice, Forvis Mazars strengthens its position as a strategic partner for construction companies looking to enhance their operations through technology, paving the way for sustainable growth and innovation in a highly competitive industry.
Until next time…
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