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ERPGovCloud: Your Path to DCAA Compliance

Transformation Network

By pwsadmin | May 15, 2021

The Achilles heel of every transformative business model is their reliance on ever increasing amounts of data that need to be transported quickly across wide area networks and processed at edge computing end points. To meet this expected demand, the global telecommunications industry is rapidly moving toward a future in which networks must have the…

Essential Characteristics of Cloud Computing as Digital Transformation

By pwsadmin | May 15, 2021

Hybrid IT blends traditional datacenters, managed service providers, and cloud service providers to deliver the necessary mix of information technology services. This IT consumption model enables a composable infrastructure which describes a framework whose physical compute, storage, and network fabric resources are treated as services. Resources are logically pooled so that administrators no longer need…

Transformation Innovation

By pwsadmin | May 15, 2021

4 Factors Driving Digital Transformation ROI The critical assessment factors for cloud ROI risk probability are the following:      Infrastructure utilization Speed of migration to cloud Ability to scale business/mission processes Quality delivered by the new cloud-based process  These four factors directly drive digital transformation ROI because they affect revenue, cost, and the time required to…

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By pwsadmin | May 15, 2021

Digital transformation necessitates changes in an organization’s operational processes. According to Harvard, a focus on operations can lead to business process optimization and entirely new revenue streams. Three common routes for this are the following:      Robotic process automation (RPA) which uses artificial intelligence to automate routine activities      Remote worker enablement that uses workspace virtualization and…

Transformation Infrastructure

By pwsadmin | September 26, 2020

Hybrid IT enables a composable infrastructure which describes a framework whose physical compute, storage, and network fabric resources are treated as services. Resources are logically pooled so that administrators need to physically configure hardware to support a specific software application, which describes the function of a composable architecture. This type of transformative infrastructure is foundational…

Essential Characteristics of Cloud Computing as Digital Transformation

By pwsadmin | September 25, 2020

A survey of 2,000 executives conducted by Cognizant in 2016 identified the top five ways digital transformations generate value:      Accelerating speed to market      Strengthening competitive positioning      Boosting revenue growth      Raising employee productivity      Expanding the ability to acquire, engage, and retain customers   Digital transformation is also a cultural change. Cloud Computing as Digital Transformation Since cloud…

Embrace Transformation

By pwsadmin | September 22, 2020

From a business perspective, differentiating business processes and quality customer service are central to overall success. Business leaders must therefore clearly identify and measure how information technology contributes to the value of every key business process. They must also know how to most cost effectively use IT when the task is merely the management of…

Computer Vision Advances Zero-Defect Manufacturing

By pwsadmin | July 25, 2020

by Kevin L. Jackson Electronics manufacturers operate in a challenging environment. It’s hard enough to keep up with the ever-accelerating rate of change in the industry. Now customers want increasingly specialized product variations in less time and of higher quality. Meeting this demand for increased product variation can seriously impact the bottom line. Such variability increases…

Real-Time Analytics Power the Roadway of the Future

By pwsadmin | July 25, 2020

By Kevin L. Jackson The complexities of citywide traffic are pushing the limits of existing transportation management systems. Outdated infrastructure is based on proprietary, single-purpose subsystems, making it costly to acquire, operate, and maintain. And current roadways are simply not prepared for the future of autonomous vehicles. Enter the SPaT Challenge, an initiative encouraging cities and…

Thriving on the Edge: Developing CSP Edge Computing Strategy

By pwsadmin | March 6, 2020

Communications Service Providers (CSPs) are facing significant business model challenges. Referred to generally as edge computing, the possibilities introduced by the blending of 5G networks and distributed cloud computing technologies are redefining how CSPs operate, partner, and drive revenue. A new Ericsson Digital whitepaper entitled, “Edge computing and deployment strategies for communication service providers,” addresses these challenges…

So you won your first Government Contract… Congratulations! 

Among the new issues you will need to consider, your accounting systems, both practices and technology, will need to pass muster with Defense Contract Audit Agency (DCAA) auditors. This will require a combination of internal processes and controls. Your accounting system will need to properly delineate direct and indirect costs, must properly pool indirect costs, and must properly handle unallowable costs.

It’s likely that you are currently using Quickbooks, the dominant player in small and medium enterprise (SME) accounting. You may need a new software solution. We have seen estimates that Quickbooks’ Chart of Accounts can be restructured to make DCAA compliance possible in about a week. However, you will also need to add a DCAA compliant Time Sheet system, and will probably need to add a third party reporting system like Qqube or similar, then invest the time to create the detailed reports you want for internal analysis, as well as the invoicing and other forms you will need to submit to the agency for which you are work. If you are successful, you will have created a custom, band-aid type system with multiple vendors, which creates complexity, increasing training costs, and the likelihood of errors. Consistent with the rest of the market, Intuit is making a hard sell of both users and ProAdvisors toward Quickbooks Online – but their own internal training ProAdvisor training resources advise that using QBO for time billing is not a good fit. QBO does not handle inventory well, either, which has spawned multiple inventory add-ons for QBO.

Instead of trying to take Quickbooks Desktop where it was never designed to go, consider a fully integrated accounting, timesheet, contract management, expense management, purchasing, CRM, and Human Resource system. If your company has the I.T. resources including the required database server capacity and licenses, self-hosting may be an option. For a lot of small to medium businesses who can’t or choose not to shoulder those infrastructure expenses, accounting software that runs against a cloud database is the best solution. Ideally, though, look for the option to switch from one deployment model to the other- that kind of agility will benefit your business. ERPGovCloud meets all the functional requirements listed above, including timesheet entry for employees and/or subcontractors, ADP and Paychex export, multiple pay classes per employee, and generation of complete government invoice packages, including forms 1034 and 1035. 

https://www.vcita.com/v/govcloudnetwork/online_scheduling?service_id=51aabc42f45e417b#/staffs

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