With a heavy emphasis on pre-award surveys, ostensibly to ensure that a government contractor has a compliant cost accounting system in place, the DCAA has become seriously backlogged in trying to keep up with its review of Incurred Cost Submissions.
"DCAA already has a backlog of $560 billion in unaudited contracts that agencies have already paid, called incurred cost audits."
To provide the details the auditors sought, SYMPAQ features in-depth audit logs for both accounting and timekeeping transactions. Read the Blog
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
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
We are focused on delivering reliable cost accounting, timekeeping and expense reporting solutions to labor-intensive federal government contractors and not-for-profit organizations in search of fully compliant, standards-based, project accounting software.
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