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In these challenging times of complex mandates and reduced budgets, government contractors must get ever-more efficient in the way they address compliance, manage risk, and maintain profitability. Working smarter across the organization is critical in order to effectively compete for government business whether on foreign soil or closer to home. The consequences of traditional, siloed approaches when managing governance, risk, and compliance are proving to be costly. It can take thousands of hours per year, for instance, to meet DCAA compliance and audit needs.
Today, however, the top government contractors are taking advantage of centralized data and reporting platforms—thus eliminating any anxiety over their governance, risk and compliance processes.
Unlike other solution providers, Deltek understands the value a central repository and integrated view of information can bring to help government contractors better comply with the most rigorous financial reporting requirements. In addition to achieving compliance with financial regulations, integrating controls into a centralized framework can also help reduce project risk, drive profitability and streamline compliance with a range of other mandates. With Deltek's governance, risk, and compliance solutions, government contractors can automatically and continuously monitor critical data to meet changing compliance requirements, monitor internal controls, and prevent fraud.
Using Deltek's governance, risk, and compliance solutions government contactors can:
Create Sustainable Compliance Policies:
Protect Data Security:
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