FOR IMMEDIATE RELEASE
As part of the strategic agreement, ProNovos will make its construction-specific analytics solutions available to the contractor clients of Boston-based AAFCPAs. Incubated at Atlanta Tech Village, ProNovos has collaborated with more than 100 U.S. contractors to help them use analytics to find efficiencies and protect their profits.
For its part, 49-year-old CPA and consulting firm AAFCPAs will leverage its expertise in industry financial and operational best practices to advise contractors on the benefits of data-driven approaches. Headquartered in Boston, AAFCPAs employs more than 270 people and serves a diverse array of construction contractors, most of them based in Massachusetts and New Hampshire.
In addition to its audit, tax and accounting services, AAFCPAs offers a suite of profit-enhancement solutions, including advising contractors on how to track, analyze and improve key performance indicators (KPIs) related to work-in-process (WIP) analysis, competitive benchmarking, change orders, backlog, vendors, working capital, current ratios, under-billings, and accounts receivable and payable, to name a few.