Your Source for DCAA News and Government Contracting Information 


Outsourced Accounting and Cloud Computing Means Compliance

Posted by Mike Anderson on Tue, Feb 14, 2012 @ 09:02 AM

How do small businesses survive in the world today, especially when they are primarily government contractors?  The government has such a twisted path of regulations concerning contractors and then they control the amount of fee or profit that the small business can earn.  There is definately a cost in doing business with the government that many businesses don't realize when starting.  One of the constants we have noticed over the years is that experience in government contracting makes a difference.  Small businesses usually can't afford to hire someone with experience on their staff but they can hire a consultant and outsource this experience level on an "as needed" basis.  We have found that fully outsourcing back office services such as bookkeeping, accounting, payroll, contract management and even HR or purchasing can be valuable to the small business.  This allows those services to be performed by "experts" in the area and allows the members of the small business to focus on the tasks that they are experts at - thereby increasing their value to the bottom line.  A web hosted accounting system is a great tool for this scenario because both the outsourced consultant as well as company management can access the financial records at any time.  The following video outlines some of the benefits of such a web hosted solution, just imagine the cloud shared application is your accounting system!

Read More

Topics: business consultants, Government contract consultants, DCAA compliance, Outsourced CFO

Peace on Earth

Posted by Mike Anderson on Thu, Dec 24, 2009 @ 02:34 PM

Happy Holidays to everyone from all of us here at Tech BizSolutions. 

Read More

Topics: business consultants, Tech BizSolutions, government cost accounting

Happy Thanksgiving from TechBiz Solutions

Posted by Mike Anderson on Wed, Nov 25, 2009 @ 01:23 PM

Sometimes we forget the real meaning of the Thanksgiving holiday.  At the risk of sounding like an actor that has not rehearsed his acceptance speech when receiving an Academy Award, here is an incomplete list at best.

Read More

Topics: business consultants, DCAA accounting, government cost accounting, DCAA guidance

Colorado PTAC now open to provide government contract support!

Posted by Mike Anderson on Fri, Sep 25, 2009 @ 04:10 PM

The Colorado PTAC is now in operation. One of the last states to get a PTAC (Procurement Technical Assistance Center), the Colorado office is headquartered in Colorado Springs. However, the agreement specifies that the PTAC office serve all of Colorado including performance metrics designed to stimulate government contracting beyond the I25 corridor. 

What is a PTAC?

A PTAC is an outreach activity co-funded by the Department of Defense, state and local economic development groups, and private donations. It provides free services to government contractors related to business development, business management, and other issues facing firms in the government contract environment. It is this focus on government contracting that distinguishes it from the bulk of fee services provided the SBA, Small Business Development Centers (SBDC), and SCORE (Service Corps Of Retired Executives). Think of the PTAC as the center of gravity for Colorado government contractors, a clearinghouse for the latest opportunities, trends and requirements from the government. 
Core services

A key service of Colorado PTAC, as it is with others across the country, will be business development. It plans to provide sophisticated tools to enable businesses to sift through the enormous amount of solicitations released each day by federal, state, and local governments. Assistance will be offered in identifying critical processes for responding to solicitations and where additional resources can be acquired. In a similar way, the PTAC can advise firms on the risks and responsibilities when contracting with government entities. Finally, firms can rely on the PTAC for recommendations on meeting minimum requirements for management systems such as finance and accounting, program management, pricing support, and the like. 
Why promote PTAC?

We feel free services offered through PTAC and other organizations are invaluable, especially for firms new to government contracting. We view this market as very lucrative if you have solid products and services the government needs. Government rules can be onerous and arcane, so an educated client makes all our efforts easier.  Check the Association of PTAC’s website (http://www.aptac-us.org/new/) for the latest updates.
Read More

Topics: business consultants, PTAC, government consulting, government contractor