On June 16, 2014, Microsoft announced the formation of a special GovCon Alliance, a cross-section of Microsoft Dynamics partners with deep experience and understanding of the unique needs of government contractors. With our expertise in solving government-compliance issues with Dynamics SL for midsize companies (from 50 to 2,000 employees), Microsoft invited Synergy Business Solutions to [&hellip…READ MORE →
Growing organizations still running entry-level accounting software quickly outpace their systems, which causes a range of ailments for finance. Here’s five ways to make it all better: 1 – Consolidate Your Financial Data – Despite companies operating under the same organizational roof, many have disparate systems—databases, sets of books, a variety of unwieldy spreadsheets, and [&hellip…READ MORE →
Two government compliance experts–one with expertise in software (our own Steve Toth) and one with expertise in compliance processes–sat down to share what government contractors need to know to stay compliant with federal contract regulations. Watch the webinar and learn:
- The importance of an adequate or approved accounting system and who is subject to its requirements.
- What a pre-award accounting system audit is (Form 1408), why it sometimes occurs after you begin a contract, and how an “Accounting Plan” prepares you for it.
- What the detailed requirements of the pre-award accounting system audit are and how Dynamics SL handles each one.
- The major capabilities your system needs to capture costs (direct, indirect), record time and labor, reconcile invoicing, and fully comply with FAR, CAS, and DCAA requirements.
If you are currently a government contractor or aspire to be, you’ll want to see this easy-to-read, colorful infographic that spells out four basic keys to success in the federal market. Whether you are under DCAA or another government entity, the four keys have to do with the Rules, Tools, Controls, and Schools necessary to remain compliant with federal regulations in both one’s accounting system and cost-accounting processes.
Understand what’s required in a pre-award system review (Form 1408) and what the FAR and CAS requirements are and who is subject to them. Learn why the right software tools are so important, such as Microsoft Dynamics SL, what processes and procedures are necessary (controls), and how to get your finance department properly trained (schools). To learn more, there’s also a white paper offer that digs deeper into the topic.
CONVERGENCE 2014 | MARCH 4-7, 2014 | ATLANTA, GA | WORLD CONFERENCE CENTER
Convergence 2014 is the premier event bringing the entire Microsoft business community to life. It is where opportunity and innovation meet to deliver real business value and truly amazing customer experiences. It’s the chance to make key business connections and to discover the full potential of Microsoft Dynamics solutions.
Steve Toth, President of Synergy Business Solutions, is speaking at two sessions on Microsoft Dynamics SL, one on how Dynamics SL empowers users to easily handle federal government compliance and another on the power of budgeting in Dynamics SL.
Session 1 – Smooth Budgeter: An Introduction to Microsoft Dynamics SL Project Budgeting
Wednesday, March 5, 11 AM – 12 PM, Room A311
Audience: End User and Power User | Speaker: Steve Toth
Find out what’s possible with various types of project budgeting in Project Controller for Microsoft Dynamics SL. Understand options for direct budgeting versus budgeting by revisions and how the Project Budgeting module processes budget revisions of original budget, estimated budget, and forecasted budget at completion.
Session 2 – Something to Talk About: Microsoft Dynamics SL Government Contracting
Thursday, March 6, 11 AM – 12 PM, Room A304
Audience: End User and Power User | Speakers: Steve Toth and Larry Mocniak
Do you use the Project module for government contracting? In this session, we will discuss how to utilize the capabilities of the General Ledger, Project Controller and Allocator modules to manage and allocate indirect costs to projects. Understand how to develop indirect rates, configure the Indirect Rate Calculator, use the new Close Project Year at Actual in Microsoft Dynamics SL 2011 FP1 feature, and configure the Government Contractor Reports.
At the Microsoft Dynamics SL User Group Conference in San Diego this year, I also had a chance to ask Kevin Sullivan, CFO of Vista Engineering Technologies, what problems their company has solved since the implementation of Dynamics SL. He shares breakthroughs eliminating manual accounting processes and project overruns, improving cash flow, managing employees’ time and expense on projects, increasing profitability, and passing government accounting-system audits.
Want to take the complexity out of complex projects? Need to integrate projects with financials? Join us at this webinar and learn about a simplified day-in-the-life of a project-driven company using a cloud-based system. Wednesday, December 18, 2013 10:00 AM Pacific Time REGISTER NOW! Experts in project management and accounting will share automated cloud solutions [&hellip…READ MORE →
At this year’s Dynamics SL User Group Conference in San Diego, CA, I sat down with Misha Goloborodko and Julie Adelman to find out how Dynamics SL has empowered their organization. They shared breakthroughs in financial management, project accounting, and federal government contract compliance.
ROI: 154% Payback: 12 months Ave. Annual Benefit: $163,412 In this case study, Nucleus Research (an independent technology evaluator) tracks the deployment of Intacct for Renal Ventures, a dialysis services company. Nucleus Research found the implementation of Intacct cloud accounting resulted in increased productivity, improved reporting visibility and accuracy, and better positioning for growth. “By using Intacct, Renal [&hellip…READ MORE →