10 Reasons Why PROCAS is Different | DCAA Compliant Accounting Software

Why Choose PROCAS?

PROCAS provides an all-in-one Accounting, Timekeeping, Expense Reporting, and Management Reporting solution built to simplify DCAA Compliance and grow your business. Software setup is quick, easy, and affordable. Our flexible pricing allows you to pay for only what you need, when you need it.

10 Reasons Why PROCAS is Different

  1. No long-term contracts or license purchases and consistent and transparent pricing for all clients
  2. No cost upgrades and standard system improvements
  3. Ability to scale users up/down as needed so the pricing scales with your needs
  4. PROCAS Quick Start offers the most efficient implementation process, saving you up to 80% of implementation costs charged by competing software companies
  5. Our consulting team is focused on creating positive experiences and establishing confidence in using PROCAS, rather than meeting a billable hour quota
  6. Implementation staff, sales, and software support team members are all degreed accountants and employees of PROCAS
  7. Implementation staff is experienced in government contract accounting and DCAA compliance
  8. Software support staff are trained specifically to work with government contractors
  9. Clear communication between our Operations, Development, and Infrastructure teams
  10. SOC 2 Type 2 infrastructure equipment is owned by PROCAS and supported by experienced PROCAS IT professionals
  11. Learn More

Here's how PROCAS can help you grow your business

Tools for Government Contractors

  • Integrated accounting, billing, timesheet, and expense report software system from one vendor
  • Comes with a customizable standard chart of accounts that segregates direct, indirect, and unallowable costs
  • The distribution of direct and indirect labor hours and costs are recorded automatically from employee’s timesheets
  • Automated billing is designed to support cost-plus fixed fee (CPFF), time & material (T&M), and firm fixed price (FFP) contract types and includes billing caps
  • Accounting system comes with an audit trail of changes wherever there is data entry
  • Easy and flexible indirect rate structure setup
  • Built-in financial dashboards provide instant access to current cash, A/P, and A/R balances as well as financial statements and financial ratios
  • Mobile-friendly timesheets improve accessibility for employees

Designed for GAAP and DCAA Compliance

  • Supports accrual-based project cost accounting
  • Flexible coding structure tracks costs by project, labor category, employee and/or contract line item number (CLIN)
  • Automated indirect rate calculations and applications can be run at any time
  • Standard Form 1034/1035 invoice format is included
  • Employees are assigned work and expense authorizations specific to them
  • Timesheets include an audit trail for tracking changes
  • Electronic signature and approval of timesheets and expense reports with automated notifications
  • Government per diem rates are maintained in the system and kept up to date for you

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
  • Reports specifically designed to aid in ICE submission: Schedule H, Schedule I, Schedule K, and Schedule L