PVBS has directly applied the power of Microsoft Dynamics NAV with an in-depth understanding of the needs of government contractors to offer a financial management system unparalleled in the industry. Government contractors need to ensure reliable and accurate billing to government customers. They need to track contract costs and funding, performance measurement, and provide timely reporting to the government customer. They need a reliable financial management system that will help estimate future contract costs and indirect rates. At the same time, Microsoft Dynamics NAV for Government Contractors from PVBS is designed to help ensure DCAA (Defense Contract Audit Agency) and FAR (Federal Acquisition Regulation) compliance.
Benefits:
Ideal solution for companies that provide services and sell products to the government
Users have the information they need to make both operations and financial business decisions.
Exceptional reporting flexibility and integrated business analytics provide the entire organization with the answers they need in real time.
Microsoft Dynamics NAV for Government Contractors from PVBS tightly integrates the critical financial management components government contractors need to manage their business. The entire financial management workflow that government contractors require, such as general ledger, budgeting, reporting, business analytics, and project accounting are operated from within the system without the need for third party add on components; government contractors can spot trends and gain insight into contract activities all from within one application. Dynamics NAV is also the optimum solution for companies that sell products and provide services to the government.
The financial information you need is easily accessible and presented to you so that your team can quickly act and make business adjustments as appropriate. The powerful database driven capability (Microsoft SQL Server) helps tie together all of your financial activities and manage them accordingly. Accounting and finance professionals prefer Dynamics NAV because it’s intuitive and built around the processes that they need to perform. Operations professionals love Dynamics NAV because it effectively integrates accounting, operations, contract management, project development, and sales. And executives choose the solution because it gives them a unique opportunity to view the status of the business after taking in many different considerations.
Supplied with audit trails and extensive reporting functionality, the flexibility of Dynamics NAV allows you to tailor the forms per your needs to improve workflow. Input of redundant data is dramatically reduced. You can customize the design within minutes by changing the appearance of forms, adding additional fields and tables, and creating user-specific menus.
Within the system, budgeting and forecasting processes can also be completed and viewed at the department or corporate level. Microsoft Excel-based budgeting is completely and seamlessly integrated with the overall system, which is favored by finance professionals. Multiple departments can create their own budgets and have them roll up into one corporate consolidated budget. The ease of tying in your budgeting process provides another avenue for real time reporting.
