5 Ways Technology is Transforming GovCon Management Practices……

Here are just some of the benefits managers are experiencing with modern ERP solutions……..

  • Improves Visibility: by adding new functionality that captures total costs of projects through actual payroll cost and indirect cost allocations directly to the associated projects and tasks
  • Enables Efficiency: Enhances and extends billing, unbilled and revenue processes to accommodate all government vehicles to include Cost Reimbursable, Fixed Price and Cost Reimbursable calculations and formats
  • Improves Profitability: Empowers project managers with project inquires and reports in real-time, giving them instant visibility into summary or transaction details needed to make timely decisions, effect change and manage project costs and profitability
  • Mitigates Risk: Enhances existing timesheets to comply with DCAA timekeeping regulations and enables project specific charging controls that enforce your companies’ government contracting vehicle requirements
  • Is DCAA Compliance Ready:  Let’s face it – CAS and FAR standards and regulations can and have changed over the years impacting GovCon business and accounting practices.  Technology assists users in meeting these guidelines today and in the future.

To explore how Netsuite with DCAA-on-Demand can bring these benefits to your company please feel free to access the below Video:

To learn even more, either respond directly to this post or email sheila.tomlinson@daston.com for more information.

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