PROCAS, LLC

Join Us at the 2024 National HUBZone Conference in Chantilly, VA this July 23-25! We're delighted to announce that PROCAS is a proud sponsor of the premier event that brings together industry leaders, government officials, small business owners, and stakeholders within the HUBZone community to explore, collaborate, and innovate. PROCAS is also sponsoring two dedicated holes in the golf tournament on Monday, July 22nd. We invite you to come out, enjoy a round of golf, and connect with us. The National HUBZone Conference offers a unique platform to showcase your business, connect with potential clients and partners, and elevate your visibility within the HUBZone community. Don't miss this opportunity to engage with key players and influence meaningful change. The HUBZone Council advocates for policies that bring opportunities to undercapitalized communities. Your engagement with lawmakers can make a significant impact on program and acquisition policies that affect federal buying. Let's work together to create opportunities for small businesses in low-income communities, helping entrepreneurs access the Federal marketplace, increase employment, and share the benefits widely. Book a PROCAS demo today to see how we simplify DCAA compliance and support your government contracting needs. We look forward to meeting you at the event, visit us at booth #601! Learn more here... #HUBZone #GovernmentContracting

WHITE PAPER: Simplify federal contracting compliance with our latest white paper, "Developing a Chart of Accounts for Federal Contracting Compliance: Requirements and Recommendations." Authored by Jim Wesloh, Founder and President of PROCAS, it provides comprehensive insights into creating a DCAA-compliant chart of accounts, influenced by the FAR. Key topics include: - GAAP-aligned Financial Statement Presentation - Direct and Indirect Costs Segregation - Logical Cost Groupings for Indirect Cost Pools - Breakdown of Cost Elements - Identification and Segregation of Unallowable Costs Access white paper below: #GovernmentContracting #FinancialCompliance #DCAA

Don’t miss the Small Business Trends article "Fewer Small Businesses Seeking Federal Contracts Due to Reporting Requirement” featuring our very own Jim Wesloh. The piece delves into the challenges and opportunities in the federal contracting landscape for small businesses. A key takeaway is the recognition of the stringent reporting and compliance requirements that are impacting small businesses. Despite these hurdles, the article highlights a silver lining: while fewer small businesses are receiving government contracts, the contracts they are securing are larger than before. This presents a potentially lucrative opportunity for those willing to meet the compliance demands. Read more at https://lnkd.in/gKzHcW-y #GovernmentContracts #Compliance #FederalContracting

White Paper: Navigating the complexities of federal contracting compliance just got easier with our latest white paper, "Developing a Chart of Accounts for Federal Contracting Compliance: Requirements and Recommendations." Authored by Jim Wesloh, Founder and President of PROCAS, it offers in-depth insights into developing a Defense Contract Audit Agency (DCAA) compliant chart of accounts and how the requirements of the Federal Acquisition Regulation (FAR) affect the development of a government contractor's chart of accounts. Key topics covered include: - Financial Statement Presentation aligning with GAAP - Segregation of Direct and Indirect Costs - Logical Cost Groupings for Indirect Cost Pools - Breakdown of Elements of Costs - Identification and Segregation of Unallowable Costs #GovernmentContracting #FinancialCompliance #DCAA Access the white paper here...

If you missed “Federal Drive” yesterday, visit the link below to hear Tom Temin’s interview with Jim Wesloh. Jim discusses the challenges small businesses face when working with the federal government, particularly the complex compliance and reporting requirements. Could these complexities be deterring companies from engaging with the federal government? Find out as Jim shares his perspective on the challenges of compliance for new government contractors. Click below to listen to the full interview. #GovernmentContracting #AccountingSolutions

Special thank you to Rose Financial Solutions for hosting PROCAS founder, Jim Wesloh, on the Data Governance and Compliance panel at the 3rd annual Easby FaaS Conference! #Easby #FaaS #GovernmentContracting #Compliance #AI

Tomorrow, Jim Wesloh, Founder and President of PROCAS, will participate as a panelist in the 2024 Easby Finance-as-a-Service Conference, hosted by Rose Financial Solutions. Wesloh will be part of a panel discussing Data Governance, Security, and Compliance, along with other prominent experts in the field. The conference’s theme is Data-Driven Decision Making and AI Enablement and is set to offer insights from industry specialists focused on leveraging AI, automation, and data to acquire a competitive advantage. Mark your calendar for a full day of thought-provoking discussions and future-forward ideas from industry leaders like Wesloh. Join us at the Canopy Hilton at Pike and Rose, North Bethesda, MD, and be part of the conversation shaping the future of finance and accounting. Learn more: https://lnkd.in/gkjUiwyu #GovernmentContracting #AccountingSolutions #DCAACompliance

With over 25 years of market leadership, PROCAS offers unparalleled expertise and innovative solutions designed to streamline DCAA compliance and enhance your business operations. See how our all-in-one solution can help you navigate the complexities of government contracting. Watch now... #GovernmentContracting #DCAACompliance

Are you a government contractor looking to streamline your accounting process, ensure compliance, and secure future contracts? Check out our latest article "Selecting the Best Accounting Software for Small Government Contractors” to learn how you can find software that addresses your distinct needs, especially relating to compliance, financial management, and efficiency. Learn more: 

Don’t miss our new white paper "Mastering the Art of Timekeeping: Navigating Compliance in Government Contracting.” Written by Jim Wesloh, our founder and president, it's a vital guide for contractors handling considerable governmental contracts where failure to comply may result in payment stoppages. The white paper elaborately discusses imperative areas like Work Authorizations, Timekeeping Mandates, Timesheet Integrity, Audit Trails for Time Entries, Direct and Indirect Cost Segregation and many more. Download here: https://lnkd.in/g_n-FJe9 #PROCAS #WhitePaper #GovernmentContracting #TimekeepingCompliance