The need for reliable, accessible and traceable data that reconciles internal billing information with
federal contracts, and with annual estimates of expenses, is of critical importance to federal
government contractors who do business with the Department of Defense (DoD).

By far the largest hurdle for small to midsized government contractors to overcome is the requirement to provide excruciating detail about the direct, indirect and overhead expenses associated with every item billed to the government in fulfillment of specific contract awards.

To comply with the regulations regarding proper financial management, government contractors must satisfy the Defense Contract Audit Agency (DCAA), which is responsible for performing all audits for the DoD, and for providing accounting and financial advisory services to DoD components responsible for procurement and contract administration. DCAA also provides contract audit services for many other government agencies as well.