A great place to engage with industry experts and stay up to date on insights, technology trends and best practices to succeed in government contracting.
The first thought that growing government contracting businesses have as they compete for new opportunities is likely not about the capabilities and capacity of their generic finance, accounting solution. But, as contracts grow more complicated and compliance requirements narrow, how day-to-day operations function becomes increasingly important. Learn to spot the indicators it may be time to consider a more comprehensive, purpose-built enterprise resource planning (ERP) solution.
When it comes to decision making, knowledge truly is power. But, even more than the information itself is how it is analyzed, interpreted and reported within a project-based business to understand exactly how a firm is performing. Understand the basics of analytics and reporting, how they are different and how to obtain an object view into the workings of a business working in the government space. Second in a series.
Growth & Profitability Prompts Small Government Business' Move from Generic Accounting Solution to Costpoint
President and founder of Adaptic LLC – a small government business providing end-to-end systems engineering and analytic expertise for system enhancement – revisits the evaluation process that took his company from using a network of generic solutions for accounting, payroll and retirement management, to selecting Deltek Costpoint to support the evolution and expansion of his business.
Government businesses that operate on a project-by-project basis need more from their day-to-day management systems and processes than basic enterprise resource planning (ERP). The nuance and detail needed for calculating costs, invoicing, time and expense all contribute to keeping a firm compliant in the eyes of government agencies. Learn how dedicated project-based ERP is different and what to seek in a system to navigate audits, project management and perform successfully in the government space. First in a series.
The National Security Agency (NSA) and Department of Defense (DoD) have consistently warned prime contractors and subcontractors of the importance of maintaining proper cyber defense. Review how the recent release of GovCon Cloud Moderate coupled with Deltek Costpoint in the cloud are aiding government firms as they address these threats and solidify cyber strategies.
Cybersecurity compliance has been through quite the evolution. In recent months, Cybersecurity Maturity Model Certification (CMMC) and International Traffic in Arms Regulations (ITAR) have been top of mind for government contractors as they review their own readiness. Take a look back at the development of these compliance standards, and how they are being integrated into the security nets deployed by government agencies and businesses alike.
The National Institutes of Health Information Technology Acquisition and Assessment Center (NITAAC) is set to open the request for proposals window for the Chief Information Officer Solutions and Partners 4 (CIO-SP4) multi-award contract in the first quarter of 2021. To compete, businesses are pursuing every avenue to make themselves more attractive as solution and service providers. Review the steps to take now to better manage your CIO-SP4 destiny.
Preparing for a merger or acquisition for a government contractor often begins long before an offer is on the table. It actually starts when solutions and systems are selected to help run a business’ day-to-day operations. Learn how good investments can turn into great rewards for overall company value.
Navigating the discovery process for a new-to-you enterprise resource planning (ERP) solution can feel daunting. How do you know what you need? Which solution is the best fit? Start with four key considerations to help narrow the field and keep your government contracting firm in the driver’s seat.
It’s time for government contractors to face their fear of outgrowing an accounting system. Discover how to shift into a mindset that will aid in an enterprise resource planning (ERP) review to ultimately identify the best solution.
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