Deltek Consulting writes a White Paper titled: Why You Need to Get Off QuickBooks. : Click Here To View
Executive Summary
Purpose-built software solutions have long
enabled large government contractors to win
more business, improve project visibility, increase
cash flow and enhance regulatory compliance.
However, the cost and IT resources necessary for
these solutions have been prohibitive for many
small- to medium-sized contractors. As a result,
smaller businesses frequently use low-cost,
generic accounting solutions, spreadsheets and/
or siloed project management and scheduling
systems to manage and report on their operations.
These solutions leave them vulnerable to
the risk of increased days sales outstanding
(DSO), failed audits, suspended payments,
unnecessary personnel costs and high consulting
costs to adapt generic systems to specialized
requirements.
This white paper describes how a solution
built specifically for government contractors
makes it possible for small- to medium-sized
companies to adopt specialized solutions to help
them win more business, lower costs and increase
compliance—and much more.
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