Winning contracts with the Government is a skill your company possesses; developing solutions to successfully manage the contract costs/billings/status is Kinetek’s expertise. Kinetek brings the best business practices in project accounting and the understanding of the application of government regulations to your contracts and business. Our industry knowledge brings practical solutions to system implementations on such ERP packages as Deltek® GCS and Deltek® Costpoint. We have backgrounds with nearly all contract vehicle types: Cost Plus Award/Incentive/Fixed Fees, Fixed Price, Time and Materials, Level of Effort, GSA, etc. The provisions that many of these contracts may carry are understood, and solutions are readily available for such components as ASC606, FAR compliance, Wage Determination (Service Contract Act/Davis Bacon), ACRN, Wide Area Workflow, and Forms: DD250, SF 134/1035, 294/295, 1443 (Progress Payments). Regulations that slice across all contract types that are always considered are: DCAA audit, Incurred Cost Submissions, Government Property tracking, Materials Control, Effective labor rate control, etc. Kinetek has both a service and manufacturing background, where complex contract and work breakdown structures are required. Additionally, Kinetek can provide Earned Value Management solutions to bring your contracts in compliance with the EVMS DFARs clause.
To bring sanity to the widespread information, Kinetek has a very skilled and experienced Business Intelligence group. Our BI team can develop a BI strategy to provide a secure and effective reporting environment with both pre-defined reports and ad-hoc capabilities, where printing and downloads to Excel and other external software packages would be easily accessible, along with addressing data retention needs.
Kinetek compliments the ERP consulting efforts with industry-leading Planning and Forecasting capabilities, bringing enterprise-level Planning and budgeting to meet your companies and contracts needs.
Kinetek’s skilled industry background will provide your business the solutions to successfully manage the contract costs, billings, and status. This, in turn, will provide your company the clear picture to manage its contracts, become more efficient, and win more contracts with less administrative effort to administer the growth and change required. All the while providing management the key financial data they require.
To find out more about the types of services we offer and how we can help your organization reach the next level, contact us today.