Issue 54 – More Efficient Business Operations

Peeling Back the Layers of DCAA/GovCon Compliance

Many contractors have the misconception that if they have accounting software that is DCAA/GovCon compliant, they must be compliant. However, that’s just the starting point. DCAA compliance is actually made up of three layers: software, policy, and processes.

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It’s been said that time is the most valuable commodity. For CEOs, this especially true as on average they work 62.5 hours per week, according to a Harvard Business Review study.

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