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ERP for Engineering/DCAA Compliance

How Acumatica Provides the Answer


TRI Solutions is led by a team with 30 years of experience working with companies requiring DCAA compliance. We have a deep understanding of the requirements that must be met for your accounting system to be approved by DCAA. TRI Solutions strives to provide services, solutions and products that TRANSFORM and SUPPORT the way business gathers, displays and interprets information enabling faster decision making and more profitable operations!


These are the Five industry challenges our team is resolving, one company at a time:

1

PROJECT MANAGEMENT – Overview of ALL projects, and display of metrics important to your role – including wrap rates, commitments, and actuals.

2

LABOR UTILIZATION - gain visibility to real-time project labor costs.

3

SINGLE VERSION OF THE TRUTH – Collaborative, up-to-date information across the entire platform

4

COMPLIANCE – Segregation of Costs / Approval Mapping / Daily Labor Tracking - All in one system!

5

AUDIT REQUIREMENTS – Specific DCAA designed Processes & Procedures, and Controlled System Requirements.

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FULL INTEGRATION CAPABILITIES

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Gain More Control Across Key Areas of Your Business

FINANCIAL MANAGEMENT

Gain Accurate, Real-Time Visibility


Segment-able Chart of Account

Personalized dashboards

Shared, centralized database

CONTRACT LIFE CYCLE MANAGEMENT

All Information In One System


Contract Details

Contract & Funding Modifications

Performance Inception-to-date

CUSTOMER/VENDOR

Natively Integrated CRM


Marketing, quotes, and delivery

Post-sales support

Accurate Contact Details

PROJECT ACCOUNTING

Financial Status 24/7


Automated Allocations

Automated Billing

Project Status vs Funding

TIME MANAGEMENT

Compliant Labor Reporting


Multi-Levels Approvals

Mobile Access

Real-time capture of Labor against projects

PRODUCTIVITY

More Time Spent on Direct Work


Marketing, quotes, and delivery

 Post-sales support

Dashboards for decision making

ASSET MANAGEMENT

Fully Integrated Process


Segregate Government Property

Automate Depreciation

Integrated with Purchasing

CASH MANAGEMENT

Properly Control the Flow of Money


Control day-to-day transactions

Continuous visibility of balances and transfers

Seamless bank reconciliation

PURCH/SUBCONTRACTS MGMT

Fully Managed Process


DCAA Compliant

Commitments Reflected in Project Status

Automation of Purchasing Process

SECURITY

Worry Free Environment


Dual Authentication

Private Secure Cloud

Restrictions by Role or Employee

DCAA COMPLIANCE

Defendable System


Cost Collection by Pool

Audit Trail

Cumulative-to-Date Costs by Cost Element

PROFITABLE ACCOUNTS

Granular Data To Guide You


Determine real-time profitability

Distinguish profitability across business units

Determine profitability across projects

Get a closer look at how the three companies below used our software solution (Acumatica) to gain control of their business:

CHALLENGE: 

Target Enterprises needed a connected data management system, easy integration with existing software, and streamlined processes, anytime access.

SOLUTION: 

The advantages that Acumatica had that Microsoft Dynamics SL didn’t. It was a no-brainer once they saw the advantages.

BENEFIT:

With Acumatica, you can just start typing the name of the company and it fills it in. You couldn’t do that in Microsoft Dynamics SL, where they spent countless hours looking for vendor ID’s.

CHALLENGE: 

IntraCoastal Environmental needed to upgrade from Quickbooks,
a versatile system for three sister companies with individual needs, &
functionality and flexibility for growth.

SOLUTION:

ICE’s previous solution was QuickBooks Enterprise Contractor edition failed to meet the trio’s multi-entity accounting requirements.

BENEFIT:

ICE preferred a solution that required no customizations or additional integration to work, but was versatile enough to accommodate development.

CHALLENGE: 

OFS International inherited Sage MAS 90 financial system did not provide basic accounting functions and the inventory system was not integrated with the system.

SOLUTION: 

Acumatica gives us the capability to provide PO’s, available raw material, and manufacturing modules to provide accurate available for-sale inventories.

BENEFIT:

Now they can analyze how late customer payments are, who the biggest customer is at any moment, and how much they have in inventory.


Take a deep dive below with our resources on how we’re taking on various operational challenges in the Engineering/DCAA Compliance sector:

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Customers That Trust Acumatica ERP

Laura Collins

Executive Vice President & Chief Financial Officer




FOR TIPS, TRICKS, AND TECHNIQUES TO EASY ERP IMPLEMENTATION FOLLOW LAURA COLLINS AT @CFO_LAURA ON 
TWITTER OR LINKEDIN HERE.

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