Blog

Subscribe to our Blog

BI for government contractors

BI is short for “business intelligence”, but what do those words mean as they relate to your government contracting business? You hear and read much these days about the need for analytics, data mining, and dashboards in order to gain and maintain your competitive edge. Hard-to-use and expensive options abound, but two of the most straightforward and powerful options feature a low cost of ownership, and are easy to acquire.

Pre-Award BI

If you use FedBizOpps to identify opportunities that fit your expertise and a separate CRM system to manage those opportunities, there is an inexpensive, user-friendly and highly flexible subscription based solution for government contractors called EZGovOpps that combines contracting opportunities with a built-in CRM component to enable you and your team to identify and collaborate on capture efforts.

Post-Award BI

If you use Excel, and are adept at using pivot tables, there is a free add-on from Microsoft called Power Pivot that can be downloaded and added to your Excel workbook.  Power Pivot enables you to connect to any SQL database or other relational database to enable “Self-Service BI” within the familiar setting of your Excel spreadsheet.  You can easily connect to SYMPAQ SQL’s database via its native ODBC driver to access tens of  thousands of rows of data within your spreadsheet, and use Power Pivot to gain insights into your cost accounting data.

View SYMPAQs Demos

Recent Blogs

June, 07 2024

Should You Factor Your Government Contract Receivables?

Business Tips CEOs & CFOs

Factoring your accounts receivable to a third-party financing company (i.e., factor) will provide near-instant payment on your federal government invoices instead of waiting the typical 30 days or lon[...] Read the Blog

April, 30 2024

The Q1 941 - Yet another sign the Pandemic is Over?

Accounting Software Accounting 941

One of the more vexing challenges going back to the start of the pandemic in 2020 has been trying to keep up w/ 941 "Employer's Quarterly Federal Tax Return" changes. Read the Blog

April, 02 2024

Accounting Software Upgrades - Taking it One Step at a Time

Accounting Software Business Tips

Company Culture plays a huge role when your company decides to change accounting systems.Your company must adequately plan for the conversion to realize the benefits. Don't forget about your people th[...] Read the Blog