Why Choose
PROCAS
PROCAS is built to simplify DCAA Compliance for companies engaged in government contracting. We help you grow your business by providing an all-in-one Accounting, Timekeeping, Expense Reporting, Management Reporting, and Business Intelligence solution. We understand your time is valuable, so the setup process is uniquely streamlined for a smooth transition. With PROCAS you only pay for the number of seats you need, making our software solution an affordable option no matter the size of your company.
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Compliance by Design – beginning with timesheet processing, labor distribution, Indirect cost pools, project costs, and revenue management
02
Modern architecture designed for a smooth implementation and end user adoption to increase ROI
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Reduce the time necessary for month-end closing through automated processes
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Our two-week software build cycle means we continually improve our software based on clients’ feedback
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Track profit margins and burn rates by contract, task order, employee, and subcontractor
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Custom “standard” reports – modify standard reports and save to run within the system later
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Out of the box dashboards
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Modern Web API delivers powerful integrations
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Support staff are all US based accountants, experienced in government contract accounting
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Implementation methodology includes loading project history, producing government invoices, and month-end closing
Here’s How PROCAS Can Help You Grow Your Business
Tools for Government Contractors
Intelligent Financial Architecture understands and processes direct, indirect, and unallowable costs and supports indirect cost pools with an easy and flexible indirect rate structure setup
Automated billing supports cost-plus fixed fee (CPFF), time & material (T&M), and firm fixed price (FFP) contract types and includes billing ceilings
Government standard Form 1034/1035 invoice formats are included and customizable
The distribution of direct and indirect labor hours and costs are recorded automatically from employee timesheets, including support for effective hourly rates for salaried employees and hazard and hardship pay
Mobile-friendly timesheets improve accessibility for employees
Detailed audit trail tracks updates by users
Built-in, preconfigured financial dashboards provide instant access to current cash, A/P, and A/R balances as well as financial statements and financial ratios
DCAA and GAAP Compliance by Design
Accrual-based project cost accounting
Flexible coding structure tracks costs by project, WBS, labor category, employee and/or contract line-item number (CLIN)
Automated indirect rate calculations and applications can be run at any time
Timesheet and expense authorizations are assigned to employees
Detailed audit trail of all timesheet entry, changes, and approvals
Electronic signature and approval of timesheets and expense reports with automated notifications
Automated update of government per diem rates
Reporting for Projects & Incurred Cost Submissions
Built-in project dashboards provide visibility into funding, funds remaining, and profit by project
Job Cost Ledger
Contract funding and backlog reporting
Project-based profitability reporting using actual, provisional, or budgeted indirect rates
Standard reports include Incurred Cost Submission: Schedule H, Schedule I, Schedule K, and Schedule L
Web API supports data refreshes and connectivity with business intelligent tools such as Power BI and Excel, as well as other business systems