“All men can see these tactics whereby I conquer, but what none can see is the strategy out of which victory is evolved.” – Sun Tzu Efficient contract management processes are critical to ensure that goods and services are delivered as expected and engagements are [..Read More..]
NIST 800-171 Compliance: The 15 Key Requirements
“Defense contractors routinely process, store and transmit sensitive federal information to assist federal agencies in carrying out their core missions and business operations. Federal information is also shared with state and local governments, universities and independent research organizations. To keep this information secure, Executive Order [..Read More..]
Cost Estimating System Requirements
DFARS Compliance: Essential Cost Estimating System Requirements In the realm of government contracting, complying with DFARS 252.215-7002 is pivotal for an acceptable cost estimating system. This clause outlines crucial criteria, ensuring your cost estimating system is maintained, reliable, and consistently applied. Here’s a breakdown of [..Read More..]
The Future is Bright in the Cloud: 7 Things You Should Expect From Your ERP Software.
You cannot escape the responsibility of tomorrow by evading it today.” – Abraham Lincoln Expectations have become higher for the CFO and CIO positions within organizations, in particular when selecting ERP software that will become the foundation of the business. When the competition is armed [..Read More..]
How mobility has become disruptive in the government services space
International Data Corporation (IDC) states in its Worldwide Semiannual Mobility Spending Guide that enterprise and consumer spending on mobile devices, software, and services will have a compound annual growth rate (CAGR) of 2.7% from $1.66 trillion in 2015 to $1.85 trillion by 2019. And the [..Read More..]
Government Contracting Update and Trends for 2016
Doing business with the federal government can be challenging, and the environment is rapidly changing. After several years of sequestration, spending appears to be on the rise for the DOD (and most importantly, there is certainty in the budget for the next two years after [..Read More..]
As a Government Contractor, are you able to track these Key Performance Indicators (KPIs)?
“Intelligence is the ability to adapt to change.” – Stephen Hawking Whether you’re a small or large business, there are certain critical performance metrics that enable managers and executives to effectively manage and achieve results. In order to navigate the complex waters of government contracting, [..Read More..]
The defense sector returns to growth in 2016 and 2017, after years of sequestration
The President’s original budget for 2016 released in February 2015, provided $612 billion in discretionary funding for national defense (including enduring overseas contingency operations costs) – $26 billion (4.5%) above 2015 spending. And then after the threat of another government shutdown, the Bipartisan Budget Agreement [..Read More..]
How Is Lowest Price Technically Acceptable (LPTA) Impacting The Government Contracting Market
For a few years now, government contractors have had a new challenge to take into consideration when placing bids. Most government agencies are now following a procurement method known as Lowest Price Technically Acceptable or LPTA. Simply put, this practice is about choosing the lowest [..Read More..]
To Find The Best Cloud ERP System, Ask Questions
In the world of Enterprise software “There is no such thing as a stupid question.” According to ERP Cloud News, “Cloud ERP vendors are becoming increasingly more and more competitive as the “SaaS Wars” continue to expand across the world of Enterprise software.” The Cloud [..Read More..]