| Keys to successfully running a Government Contracting Organization |
| 5/20/2013 |
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Challenges for government contractors come in all shapes and sizes particularly in today's competitive market with the increasingly tight budgets and deadlines. In addition to the time and investment required for the project itself, there are additional reporting standards which must be met in order to maintain compliance. Among the more time consuming of all, are the reports necessary for the Defense Contract Audit Agency (DCAA).
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| Only 4 Months Until the Microsoft Dynamics SL Users Group - SLUG! |
| 5/16/2013 |
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The Dynamics SL Users Group Annual Conference is only 4 months away and early registration is available until May 31st! The 3-day conference will be held in sunny San Deigo at the Paradise Point Resort and Spa. SBS Group is proud to be a Gold Sponsor this year and will be presenting a session entitled 'How to Protect your Microsoft Dynamics SL System from a Disaster.'
Why should you attend the Dynamics SL Users Group Event?
1. Share Best Practices with other Dynamics SL Users
2. Learn more about the system you use everyday during the deep dive sessions
3. Evaluate third party and add-on applications during the Sponsor Pavilion Hours
4. Network and mingle with others at SBS Group's Client Appreciation Dinner
5. Take in the beautiful sights of sunny San Diego!
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| Promoting Healthy Cash Flow through Proactive Financial Forecasting |
| 5/15/2013 |
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Proactive financial forecasting is a competitive advantage for many professional services firms. It promotes healthy cash flow health which is essential to mitigating ever thinning profit margins and competition. Management teams need to regularly review and understand the following five basic financial metrics in order to ensure healthy cash flow:
1. Balance Sheet -This is the quantitative summary of a company's financial condition at any given point in time. It gives management a snapshot of assets, liabilities and net worth. When viewed over time, it helps owners understand how profits are being used to finance operations and if the company has enough cash for growth.
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