From Process to Performance
Success in the highly regulated federal market requires a special approach. Hamilton Advisory focuses on driving financial performance in this environment while minimizing compliance and regulatory hurdles.
Cost Structure & Overhead Rates
Hamilton Advisory's analytical redesign of cost accounting structures (and related government approvals) has added millions of dollars to clients' bottom lines and improved their win percentages. A well-designed cost structure is a primary foundation of profitable government contracting. A good one maximizes cost recovery, provides management clarity and accountability, and improves a company's cost-competitiveness. We assist successful contractors in transitioning to full CAS compliance and Disclosure Statement submission following major program wins, and can assist you in aligning your financial structure to your firm's growth. We also provice NICRA submissions support for firms performing Federal grants and Cooperative Agreements.
DCAA Submissions and Audit Support
Dealing with a DCAA/DCMA audit can be intimidating, and the result can have a significant impact on profitability and the opportunity to continue bidding on government contracts. Hamilton Advisory prepares submissions and supports audits of proposals, actual costs, labor, GSA Schedules, accounting systems, and compliance reviews of purchasing and other systems. And by providing pro-active assessments, system implementations and staff training we can prevent many issues in the first place. Our extensive experience with these agencies minimizes compliance problems, allowing you to stay focused on your business.
Deltek® System Implementations
There are many Deltek® Partners who will set up a CostPoint® accounting system. Hamilton Advisory first focuses on understanding your business model, then designs a structure that maximizes your financial performance within the federal rules. We implement the resulting design with either our Deltek-certified technology partner or your chosen provider to ensure your system implementation is appropriate for years to come.
Compensation systems are an important element in pricing government services and motivating strong financial performance. Through years of designing numerous incentive compensation and salary administration systems for federal contractors, Hamilton Advisory helps create a "results culture", controls your largest expense while remaining competitive in the labor market, and ensures success with DCAA labor and pricing audits.
Policy and Procedure Development
Policy and Procedure Manuals are a necessary component in implementing FAR-compliant systems. Hamilton Advisory can dramatically reduce the time and cost involved in meeting regulatory requirements by adapting existing audit-tested, best-practice procedures to fit your unique business.