ADP is a well-known and trusted payroll solution, utilized by countless clients on a daily basis. While ADP excels in handling payroll tasks, it’s important to note that they do not position themselves as experts in DCAA compliance. Organizations seeking DCAA compliance should consider exploring alternative timekeeping software providers that align more effectively with the…
As a business who focuses on government contracting, you understand the critical importance of DCAA compliance in the world of GovCon timekeeping. Accurate and reliable timekeeping is not just a requirement; it is the foundation of your success as a government contractor. In this blog post, we will explore the significance of DCAA compliant timekeeping…
Types of Government Contracts Government contracts come in various types, each designed to meet specific needs and requirements. The five main types of government contracts are: Fixed-Price Government Contracts The government contractor agrees to deliver the product or service at a specified price, regardless of the costs incurred during production (source). Employee timekeeping plays a…
In the dynamic world of government contracting, precision and accuracy are not just buzzwords – they are requisites for success. One area where this precision plays a pivotal role is timekeeping. While it might seem like a mundane administrative task, effective timekeeping can be the key to efficient project management and profitability, especially when you’re…
Running a non-profit organization is no small feat, especially when it comes to managing grants, funding sources, and employee time tracking. This is where Hour Timesheet steps in, offering a robust solution designed specifically for the needs of 501c organizations. The Pain Points of Traditional Time Tracking Many non-profits struggle with common issues related to…
The landscape of employee benefits is changing in Colorado. In 2023, the state introduced the Family and Medical Leave Insurance (FAMLI) program, a new legislation designed to provide paid leave for workers facing family or medical emergencies. The program officially starts providing benefits from January 1, 2024. While this is great news for employees, it…
As an employer, one of your key responsibilities is to ensure your business adheres to various state and federal laws. Among these, sick leave laws hold a prominent place. Non-compliance can lead to a myriad of consequences, ranging from penalties and fines to lawsuits and damage to your company’s reputation. However, navigating through the labyrinth…
As a government contractor, managing your indirect rates is of utmost importance if you want to bid on government contracts. However, keeping track of indirect rates can be a daunting task, especially for small businesses without sophisticated accounting systems. In this blog post, we will dive into how Hour Timesheet can help small businesses manage…
Government contractors are required to adhere to strict compliance standards enforced by the Defense Contract Audit Agency (DCAA). One of the key compliance requirements is maintaining accurate records of employee labor hours. This can be a time-consuming and complex process, but thanks to technological advancements, businesses can now use Hour Timesheet software to track employee…
For the accountant or bookkeeper who needs reliable DCAA Compliant Timekeeping Software, the decision can be overwhelming. With so many options on the market, it can be difficult to decide which software is the right fit for your business. QuickBooks Time is one of the more popular solutions, but it may not be the best…
