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September, 24 2020

Five Advantages of GovCon Cost Accounting Software

Government Contractor Accounting Software Business Tips

Learn about the five readily identifiable benefits to implementing a cost accounting system, with compliance leading the way. We refer to these benefits as the "Five C's".   Read the Blog

July, 17 2020

Business Development Costs - A Black Hole in your Budget?

Government Contractor Business Tips Small Government Contractor

What does business development mean to your organization? No matter how you define it, tracking and measuring your business development effort is critical to your success.  Read the Blog

May, 06 2020

What to Expect When Buying Another Company That Happens to be a Contractor

Government Contractor Business Tips FAR Compliance

Speaking from personal experience, the process of going through with a business acquisition as a seller or a buyer is never easy. An acquisition involving two government contractors can be especially [...] Read the Blog

February, 12 2020

What is an Indirect Rate?

Government Contractor Business Tips Definitions

For those of you who are new to government contracting, and in particular cost reimbursable government contracting, the jargon can sound as strange as an unfamiliar foreign language. In this post, we [...] Read the Blog

December, 06 2019

What is a Wrap Rate?

Government Contractor Definitions

In this post, we define what a Wrap Rate is in Government Contracting and provide some real-life examples as to how Wrap Rates are used in the GovCon industry Read the Blog

November, 08 2019

Trust but Verify - Double Check Your ERP/Financial Software Output

Government Contractor Accounting Software Business Tips

Sophisticated and seasoned accounting software users understand the need to verify key calculations generated by their automated accounting software. Those users who do not could eventually end up wis[...] Read the Blog

September, 26 2019

Batch Versus Real-Time Accounting--Which is Right for You?

Government Contractor Business Tips Accounting

In accounting software design, there are two primary methods with respect to how systems should operate: batch-based entry and real-time entry. This article will provide a synopsis of each method and [...] Read the Blog

August, 28 2019

GovCons: Are You an Inch Deep and a Mile Wide?

Government Contractor Business Tips Small Government Contractor

Often times, you will see companies in the government contracting space that list a large array of NAICS codes under which they are qualified to perform services or sell products - but could a lack of[...] Read the Blog

June, 27 2019

Key Financial Indicators -- Your Business's EKG

Government Contractor Business Tips

Is your company financially healthy? Just as an EKG measures your heart's performance, indicating overall health, key financial indicators measure your company's financial well being. Check out these [...] Read the Blog

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