Easier Indirect Cost Rate Management with a Project Accounting System Designed for Government Contracting
It's simple enough to figure out how to assign a direct allowable cost to a contract or customer. After all, if it's a direct cost, it ties into one specific contract, allowing you to easily charge the cost to that contract. But what about indirect costs? Unfortunately, it’s not always that easy.
Creating and efficiently determining indirect cost rates provides vital insight into a company’s financial operations, and this is especially true when doing business with the government. Indirect cost rates are crucial to growing a business and remaining cost competitive. Knowledge and the proficient application of indirect rates provide opportunities for growth and insight into job profitability, but it is still important that your business remain compliant with the requirements of the FAR.
To learn more about why businesses like yours use JAMIS Prime ERP to ensure proper indirect cost management, view this on-demand presentation!
Mike Meyers, Vice President of Solution Engineering, JAMIS
Michael Meyers has a Bachelor of Science and over 30 years of experience in accounting and implementation of enterprise software systems. Mike is responsible for communicating the benefits of JAMIS Prime ERP to the government contracting industry, and the subject matter expert key to the JAMIS development and planning process.
His years of experience as a Controller are demonstrated in his ability to address GAAP, CAS, and audit issues with best practices in the use of JAMIS Prime ERP.
Lonnie Springirth, Solutions Engineer, JAMIS
Lonnie Springith is a Solutions Engineer at JAMIS Software Corporation with over 13 years of government contract accounting and compliance experience. Lonnie has spent much of his career evaluating and implementing business systems solutions across multiple industries including defense, professional services, and technology providers to various US Federal Departments and other agencies.