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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.

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Recent Blogs

November, 19 2021

Handling Unallowable Costs in your Accounting Books of Record

SYMPAQ Benefits Business Tips Indirect Costs

Do you have the systems in place to identify and record 'unrecoverable' costs in a segregated way so that they do not become co-mingled with allowable costs that can be recovered? Read the Blog

October, 14 2021

October is Cybersecurity Awareness Month but We're "Aware" Year-round

Government Contractor SYMPAQ Benefits Business Tips

You can't let your guard down when it comes to cybersecurity. Cyberattacks take place every eleven seconds on average, so you need to be sure your software works around the clock to stay secure. Read the Blog

September, 23 2021

Labor Distribution 101

DCAA Audits SYMPAQ Benefits Business Tips

If you have a fully functioning labor distribution system that enables the accurate recording of both direct and indirect labor charges and can also accommodate uncompensated overtime for salaried sta[...] Read the Blog