What does AI actually look like on a construction jobsite in 2026 — not the hype, the reality?
In this episode of Voices of CFMA, host Sal Marino talks with Cindy Ly, founder of ToolBox Consulting, about her unconventional path from industrial construction cost control to yoga teaching in Europe to leading AI strategy for hundreds of construction companies.
Cindy shares what she's seen across the industry in the last six months, where AI adoption is accelerating, where it's stalling, and why data standardization matters more than the tools themselves.
In this episode:
- Cindy's path from $500M industrial mega-projects to yoga teacher training in Europe and back to construction
- Why she believes AI is a catalyst, not the solution, and data is the real work
- The gap between field operations and financial control, and how AI is starting to close it
- Common mistakes leadership teams make when rolling out AI tools
- Her advice for CFOs and controllers navigating AI adoption right now
Chapters:
00:00 Intro & welcome Cindy Ly
00:35 What Cindy does now
01:11 Growing up near Chicago, drawn to construction
02:06 From pharmacy major to construction management at Purdue
02:36 Industrial construction: blast furnaces and coke batteries
03:04 Burnout, and becoming a yoga teacher in Europe
05:26 The pivot into construction technology
06:36 Hiding her career changes from her parents
07:35 How yoga reshaped her approach to work
09:30 Reconnecting with the industry
10:10 The data problem before AI was a buzzword
12:49 What pulled her toward AI specifically
15:38 Her first AI project: Groundbreak 2025 and Procore
18:01 Why she started ToolBox Consulting
20:50 Hard lessons and the value of a slow burn
23:33 Where AI adoption is accelerating and stalling
25:27 Field operations vs. financial control
27:33 Hackathons and vibe coding, explained
30:27 Common mistakes in AI rollouts
32:07 Her #1 piece of advice for CFOs and controllers
32:59 Life outside work: DJing
34:06 Final advice: keep an open mind
Connect with Cindy: LinkedIn: https://www.linkedin.com/in/ly-cindyt/ YouTube: https://www.youtube.com/@ToolboxTechTalk
About Voices of CFMA: Voices of CFMA brings you conversations with construction financial professionals and industry leaders on the trends, tools, and ideas shaping construction finance. Learn more at cfma.org. #ConstructionAI #ConstructionTechnology #CFMA #ConstructionFinance