Hand-in-Hand: Profitable Projects and DCAA Compliance
For organizations that contract with the Department of Defense (DoD), time tracking data that complies with Defense Contract Audit Agency (DCAA) guidelines is paramount. Many DoD contractors choose Replicon’s Web TimeSheet because of its built-in adherence to DCAA requirements, from detailed work descriptions to a verifiable audit trail.
When our customers choose Replicon Web TimeSheet to satisfy the DCAA’s requirements, they’re often pleasantly surprised by an added benefit: increased profitability. One such company is the Safety Research Corporation of America (SRCA), which creates interactive software databases for the DoD and other clients.
SRCA initially created its own time-tracking system, but growing demand for new features ate up programmers’ time and threatened the company’s previously airtight DCAA compliance mechanisms. After evaluating a variety of timesheet software, SRCA decided on Web TimeSheet for its time tracking.
Though the company chose Replicon’s software for its DCAA compatibility, it discovered a host of other benefits. A key one: It saves the company more than 25 non-billable hours per week, which increases profitability. And client billing takes just half an hour, instead of two days. “Our clients can call us up at any time, and we can immediately provide them with a status update,” says Susan Crump, Vice President of SRCA.
Project teams now spend more time on billable tasks, enter their time easily online, and get their time and expense approvals processed in minutes, not days. “Our employees keep saying, ‘Why didn’t we do this a long time ago?’” says Crump.
See Replicon’s guide to DCAA guidelines.