This accounting software is more for those with DCAA-compliant businesses, but it’s still a vital tool to use even for companies outside this description. It was designed with government contractors in mind, but small businesses can still benefit from their financial and project accounting.
With PROCAS, users can monitor everything they need to ensure their invoices go out on time, customers make timely payments, and the business isn’t losing money. The system records come in real-time, so you can rest easy knowing you’re getting the most up-to-date information.
A great thing about PROCAS is that you can also track projects with ease. Aside from the standard automated billing and transaction record features, users can also customize reports for project cost and status. You also have access to indirect rate calculations, which is helpful for small businesses interested in getting an early snapshot of project profitability.
Of course, since PROCAS does help DCAA businesses, it also keeps your company up to code. Among their compliance features are monthly job cost ledger supporting, cost accumulation directly to the general ledger, and identification of direct cost per contract.
Additionally, this software saves time with the PROCAS Quick Start feature. Essentially, Quick Start means information that meets DCAA requirements is already in their software, so you don’t have to worry about it. The cool thing is that PROCAS also chats with you to properly configure Quick Start to your business.
If you’re interested in their accounting software, it’s easy to pinpoint an approximate cost for their package. With a rate calculator available on their site, you can plug in information regarding accounting, time, and expense users to generate a monthly cost. In general, though, it costs $4,450 to get started with them. The price includes everything from PROCAS configuration and their Quick Start program.
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