Is your business system architecture and technology drowning your management team? Does your accounting team struggle just to give your PMs basic performance feedback? In fact, is your system giving you information at all, or just mounds of data? Do you have a clear financial picture of where your company has been, where you are and where you’re headed? Would you consider the data you extract useful or just plain hard to work with (and you have to work with it to get anything useful out of it)? Do you feel like you’ve had to wrap your business around your accounting software just to keep DCAA happy?
Today’s business systems are built on a foundation of policies, implemented by procedures, followed by consistent practice to move data in processes from source transaction to a client bill and a management report. When DCAA examines a business system, they look at the various aspects of the system in exactly that order:
- Policies (for compliance with FAR Part 31 and CAS, if applicable)
- Procedures (for compliance with the company’s stated policies)
- Practices (to ensure the policies and procedures are actually being followed)
- Processes and Tools (to ensure the first three things will result in reliable, repeatable results and produce the outcomes contemplated by the policies)
The tools of the 80s and 90s were somewhat rigid in both architecture and process design and it was often necessary to wrap the business around the tool to make things work. Today’s tools are much more flexible and let us to wrap the tools around the business without changing what we do and how we do it. Even more important, they can give us information – filtered, reduced, and in context – to show us clearly and concisely where we are, where we’ve been and where we’re headed.
Join Federal Publications Seminars and NeoSystems’ Rich Wilkinson for a discussion on how to determine the state of your business systems’ health. Rich will cover:
- Policies, procedures, practices, processes and tools that directly affect the health of your business system
- “Data-dump” pitfalls and what to do about them
- Why older systems may be doing you (and your PMs) a disservice and how to transition gracefully to a modern architecture
- How to create information from data for internal clients
NeoSystems has developed a brief survey that will provide a glimpse into your organization’s operational health. Just answer the eight survey questions, focused on business technology and processes, and NeoSystems will provide you with a health report card for your business. Click here to take the survey.
A press release regarding this webinar is available here.
This webinar is sponsored by NeoSystems
ABOUT NEOSYSTEMS GOVERNMENT CONTRACTOR SOLUTIONS AND SERVICES:
NeoSystems delivers strategic back office services to over 500 government contractors, from small companies through federal divisions of large corporations. We provide industry experts for implementations and upgrades, day-to-day accounting, hosting, financial planning, and reporting. At NeoSystems, our clients leverage best-in-class software including Deltek Costpoint and GCS Premier. With Neo, our clients benefit from our secure, private, redundant cloud that is SSAE-16 SOC 1 & SOC 2, PCI-DSS, MA 201, HIPAA, and ITAR compliant. - See more at neosystemscorp.com.
|Rich Wilkinson, Senior Vice President
Rich Wilkinson spent more than 8 years as a Contracting Officer with the Naval Air Systems Command and then 10 years in the controllership of GovCon firms from ManTech to General Physics to CSC. In those 10 years, he implemented Deltek accounting systems in 12 different GovCon business units and managed both financial operations and Government contract compliance functions.
Rich assumed a role at Deltek as spokesperson for the company’s GovCon software products in 1996. He spent more than 15 years in that and other roles at Deltek, including 2 years managing and editing Deltek’s ground-breaking CLARITY GovCon studies, before assuming his new role as VP, Managed Accounting Services at NeoSystems.