WHAT WE DO
THE IOVATION DIFFERENCE
Iovino Enterprise Partners backs our entrepreneurial partners with the power of Iovation. Our visionary business model accelerates the success of leaders in the niche construction and infrastructure industry by leveraging best-in-class expertise and financial stability in all areas of business management. We work hand-in-hand with our partners every step of the way, drawing on a solid foundation of 35 years of thought leadership and award-winning best practices in the construction industry. We are responsive to your needs because we’ve been in your shoes, and we’re committed to ensuring your success. In addition to our world-class management resources, we provide best-in-class resources in areas such as Finance & Administration, Human Resources, Technology, Compliance, Legal, Insurance and Safety Management.
FINANCE & ADMINISTRATION
Our senior management offers many years of construction-related financial management expertise to our partner companies. Specialties include contract management, project management, vendor management, strategic planning, resource planning and general industry protocols. Our subject matter specialists also provide essential accounting services and expertise in areas such as accounts payable, accounts receivable, payroll, general ledger, cash management, FP&A support and financial statement preparation. Additionally, our comprehensive construction ERP system (CMIC) assists our partner companies with tracking project costs, profits and productivity.
Our Technology Team develops the technological strategy to sustain and increase value for all our companies, including investments in platforms, applications and data to deliver technology-driven value-added innovations. Technology also plays an important role in shaping our partners’ strategic roadmaps, as well as advising on operations, project management, financial planning, estimating, procurement and workforce management. We provide expertise in areas such as construction ERP management, mobility solutions, business intelligence, process reengineering, project management and application development.
IT Infrastructure Development & Management
Training and Support
Productivity & Innovation Technologies
The Compliance Department’s primary responsibility is to ensure that projects performed by our entities conform to the statutes and regulations governing diversity participation. We assist in formulating a Minority Utilization plan, including vetting the proposed companies to ascertain the viability of the entity and whether their participation meets the “commercially useful function” test of the regulations. In addition, the department prepares and files the monthly reports with the owners and analyzes the level of participation to catch any possible shortfall in payments, thereby reducing the potential for penalties to the project or company.
The Insurance department is responsible for ensuring appropriate corporate and project insurance coverage is in place, including securing and providing owners with any required Accord certificates. We also review, process and monitor claims with the various carriers, filing necessary documentation with the carriers or counsel as cases progress, establishing reserves and approving settlements.