About PVBS : How We Help Controllers
Controllers at high-growth government contractors require an accounting solution that was built with their requirements in mind. Specifically, the system must handle all of the reporting requirements companies that contract with the government are required to produce with limited modification requirements. They require an accounting system that was built with their specific challenges in mind, since it is their team that will own it and manage it to meet their needs. The system must inherently ensure DCAA compliancy and be built to handle the nuances of government contractors.
Controllers are expected to produce diligently prepared financial reports and statements that are useful, credible and support decision making. Controllers also require systems that help them assist the company’s CFO with cash flow forecasting and other critical data. At government contractors, controllers must manage company financial operations, accounting functions, establish budgetary controls and procedures, and maintain accurate financial records. In addition to budget formulation and monitoring, they must often develop and maintain cost model and billing rates. Frequently, controllers support the contract management team with proposal costing, financial analyses, pricing, and coordination on auditing activities.
Your Challenges
- Need a system that has a great audit trail to track transactions and provides financial reporting within the system without having to exit it.
- Implementing a new system and ensuring that the data from the existing system is fully imported and converted.
- A system that allows easy integration between Excel budgeting formats and the system to ensure that all data is entered and rolled up appropriately.
- Produce the right reports for your customer groups, such as program management.
- Getting reports in real-time as your prepare for DCAA compliance and audits.
How We Help
- Microsoft Dynamics NAV for Government Contractors fully integrates with MS Office, so companies that budget in Excel, for example, can seamlessly bring their work together.
- A fully integrated program where everything, including integrated business analytics tools, are available within the system without complicated add-ons with non-uniform interfaces.
- Allow you to produce project reports and financial schedules exceptionally well. There are a lot of pre-built reports that are included with the system. Plus you can easily enhance the reports to meet your company’s requirements.
- An extremely flexible system that grows with you and that your team will enjoy using.