by GovCon365 | Feb 28, 2020 | Blog
In the previous blog, we looked at the primary challenges government contractors face when addressing internal accounting requirements and compliance. In Part 2, we want to cover the spectrum of duties for government contracting accounting teams and a few best...
by GovCon365 | Jan 30, 2020 | Blog
A lot happens between the Request for Proposal (RFP) and the submission of contract proposals. For seasoned government contractors, the process is always time-consuming, complex, and intricate, even more so for companies new to the industry. To help remedy the dense...
by GovCon365 | Dec 26, 2019 | Blog
Business accounting on its own has a variety of complexities, but accounting for government contractors puts a whole new meaning to the role of business accounting. Government contractors are not only under the dominion of regular accounting practices, but their...
by GovCon365 | Dec 19, 2019 | Blog
In Part 1, we discussed the primary rules and regulations for timekeeping compliance. In this portion of the series, we’ll be going over written policies and the benefits of opting for an electronic time-tracking system as opposed to timecards. Also, we’ll...
by GovCon365 | Dec 12, 2019 | Blog
Government contractors don’t operate their business in the same way that other B2B companies do. Their infrastructure is different, their operations are different, and most importantly, the sales cycle for government contractors are very different from those in...
by GovCon365 | Dec 5, 2019 | Blog
When it comes to timekeeping, the DCAA doesn’t joke around and for good cause. Government contracting is a unique industry in which, at the end of the day, it’s the taxpayer’s money that goes to these projects. In the government contracting sector,...