Written by Derek Halpern, Nvoicepay A funny thing happened while I was writing this article. While I conversed with our editorial consultant on how to approach the struggles companies are facing in the current global climate, she received this email: The names are changed for privacy purposes. The email’s writer, “John,” is not…
Transitioning to Costpoint Are you on a legacy accounting system like QuickBooks and looking to make the move to Costpoint? Here are key indicators you are ready for the transition: Guidelines / Compliance Multiple Government Contracts Audit / SF1408 / Proposal Requirements Approved by SBA for 8(a), WOSB, HUBZone etc. Incurred Cost Submission requirements…
Effective contract management is one of the key fundamentals to running a successful government contracting business. It is imperative to establish effective contracts processes to manage, track and deliver on your contractual obligations. If not managed properly, your business can become vulnerable to potential penalties and fines due to failure in legal compliance, or struggle…
Enable your mission-critical business processes through the secure, reliable Deltek Cloud. You can power project lifecycle solutions from pre-award to project close-out, win new projects and clients, manage these projects on-time and on-budget, find and develop the right talent, deliver against key financial and compliance imperatives, and measure your key KPIs across your projects and…
Deltek Insight brought together 3,500+ of the Deltek Project Nation community for four action-packed days of education, inspiration, networking and a ton of fun! We enjoyed seeing our clients and networking with colleagues in the Government Contracting and Marketing Agency community! A few highlights below: MVP Partner Award This was an exciting year…
Managing contract deliverables, tracking dates, costs, modifications and responding to data calls efficiently – these are just some of the responsibilities contract managers and their staff oversee. New regulatory requirements and increases in contract volumes and complexities, have augmented the importance of an automated solution for better contract management. Costpoint takes a holistic, modern…
Timing: Fiscal year 2020 Per Diem rates will go into effect October 1, 2019. Background: Each Fiscal Year the Government determines the per diem rates for the Continental United States (CONUS). These rates are the maximum allowances Federal employees can incur for expenses while on official travel. The Defense Travel Management Office (DTMO) determines…
Deltek’s annual user conference, Insight, consists of over 3,000+ attendees, hundreds of product specific tracks, direct access to Deltek product experts and more! As most small businesses, budget is always a large concern. We’ve outlined three reasons this investment should be a no brainer: Professional Growth – Expanding your product knowledge with over hundreds…
Contract travel can be a messy and complex process. Employees may be using multiple booking tools and credit cards making it next to impossible to track whether your employees are staying within your travel policy guidelines. Below we’ve outlined the four largest concerns government contractors face with travel. Top 4 Concerns for Government Contracting…
Do I need to file for Incurred Cost Submission (ICS)? If you have performed one or more Cost Reimbursable or Time and Materials (T&M) contracts (prime AND subcontracts) during your fiscal year in accordance with Federal Acquisition Regulations (FAR) 52.216-7, you will need to complete and submit Incurred Cost Submission (ICS) to the DCAA and DCMA.…