Revolutionizing Project Accounting for Government Contractors With PROCAS
Experience a streamlined approach to the intricacies of government contracting with the ultimate project accounting system tailored for your growth. PROCAS LLC can empower you with comprehensive accounting, timekeeping, expense reporting and project management solutions, all packed into flexible contracts designed to evolve with your business.
Here at BOOST LLC, we’re happy to help you set up your PROCAS accounting system and optimize it to suit your business needs. Our consultants will equip you with the skills and know-how to take advantage of the innovative features that come with the PROCAS accounting software.
The PROCAS Advantage: Technology, Insight and Security
PROCAS’ modern architecture and adaptable functionality are meticulously crafted to grow alongside your business. PROCAS stands as the paragon of SOC2 compliance, independently audited to ensure top-tier security and availability. With us, you can effortlessly attain DCAA Compliance and brace yourself for CMMC 2.0. What’s more, our standard user licensing includes integrations with our Technology Partners’ software, sans any additional setup or licensing fees.
How PROCAS Propels Your Business Growth
PROCAS stands as a beacon for simplifying DCAA Compliance while fostering your business growth. Our all-in-one solution covers Accounting, Timekeeping, Expense Reporting, and Project Management Reporting. We value your time, which is why our streamlined setup process ensures a seamless transition. Additionally, our flexible pricing makes PROCAS an affordable option regardless of your company’s size.
Tools Tailored for Government Contractors
PROCAS was specifically designed to streamline GovCon operations with several optimized tools and features, including:
- Integrated accounting, billing, timesheet and expense report system.
- Intelligent Financial Architecture segregates direct, indirect and unallowable costs, supporting flexible indirect cost pools.
- Automated billing supports various contract types, including cost-plus fixed fee (CPFF), time & material (T&M) and firm fixed price (FFP), with customizable invoice formats.
- Streamlined recording of labor hours and costs from employee timesheets.
- Mobile-friendly timesheets for enhanced employee accessibility.
- Comprehensive audit trail to track all updates.
- Easy and flexible indirect rate structure setup.
- Built-in financial dashboards provide real-time access to critical financial data.
DCAA and GAAP Compliance by Design
Being equipped for GovCon operations also means being compliant with DCAA and GAAP regulations. PROCAS delivers with:
- Accrual-based project cost accounting.
- Flexible coding structure for tracking costs.
- Automated indirect rate calculations and applications.
- Employee timesheet and expense authorizations.
- Detailed audit trail and electronic signatures for timesheets and expense reports.
- Automated update of government per diem rates.
Reporting for Projects and Incurred Cost Submissions
You depend on comprehensive reports to make informed decisions. PROCAS makes this process easy with efficient reporting features, such as:
- Built-in project dashboards for visibility into project funding, profit, and more.
- Job Cost Ledger for comprehensive tracking.
- Contract funding and backlog reporting.
- Project-based profitability reporting with various rate options.
- Standard reports, including Incurred Cost Submission schedules.
- WebAPI and Power BI for customized reporting and data connectivity.
Top 10 Reasons to Choose PROCAS
Government contracting is a competitive industry, so you need an accounting system that helps your business stand out. The top benefits of using PROCAS accounting software include:
- Compliance-focused design: Each PROCAS feature aligns with the Defense Contract Audit Agency’s (DCAA) regulations, from time sheet processing and labor distribution to project costs and revenue management.
- Easy implementation: You’ll experience a smooth transition when you adopt this accounting system, resulting in a faster return on your investment.
- Automated tasks: You can save your company’s valuable time with automated month-end closing processes.
- A two-week software build cycle: PROCAS aims to create a personalized experience. A two-week software build cycle leaves time for improvements based on your preferences.
- Simple profit margin tracking: With PROCAS, you can accurately assess your company’s profitability and efficiency by monitoring contracts, task orders, subcontractors, employees and burn rates.
- Customizable reports: You can take standard reports, modify them and save them as menu options for future use.
- Comprehensive dashboards: Enjoy instant access to a summary of your financials with insightful dashboards thanks to innovative Power BI software.
- Modern web API: PROCAS software has powerful integration capabilities to streamline your day-to-day operations.
- Knowledgeable customer support: Need help using your PROCAS software? You can count on a US-based team of expert GovCon accountants to assist you.
- Mobile-friendly accessibility: Tap into your PROCAS accounting system from wherever you are with a mobile-friendly interface.
Contact BOOST to Enjoy the Benefits of PROCAS Accounting Software
Elevate your government contracting experience with PROCAS — where technology, insight and security converge for your success. Here at BOOST LLC, we’re dedicated to providing GovCon companies with next-level solutions in an effort to grow their businesses and increase their ROI. Our skilled team is ready to help you streamline your day-to-day processes. Contact us online today to set up your PROCAS accounting software.
Reach out today to find out how BOOST can assist you.
* Required
Procas, Procas ERP are all registered trademarks of Procas LLC and not owned by BOOST LLC