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Managed Services Provider (MSP) Offerings
Complete Managed Services Offerings |
A La Carte Managed
Services Offerings
NeoSystems' Managed Services Provider offerings (our flagship service) help
clients reduce their accounting and financial management
costs, improve efficiencies, and reduce or eliminate
capital investments. MSP services help companies
concentrate on ways to better serve their clients and
grow their business rather than diverting their time and
attention to administrative functions.
NeoSystems helps government contractors comply with
numerous complex government accounting requirements,
such as Federal Acquisition Regulations (FAR), Cost
Accounting Standards (CAS), and Defense Contract Audit
Agency (DCAA) requirements.
MSP accounting services include:
- Accounting services using the Deltek suite of
software products (e.g., accounting system, web-based
time card and travel expense collection)
- Employee training sessions on their use of the time
card and expense collection systems
- Performing all accounting functions at clients' offices on a regular,
scheduled basis.
- Analysis of financial results to help business
owners understand and manage their costs and operations
- Interaction with DCAA and other government agencies
during on-site audit reviews.
Through NeoSystems' MSP services, companies typically save 30 percent on
their accounting and financial management costs.
Some of the ways these savings and value are generated
include:
- Best in class Software tools with no capital investment
- World class computing infrastructure with no capital investment
- Senior-level accounting expertise on an as-needed
basis
- Business guidance and expertise
- Substantially shortening "time to market"
Complete Managed Services Offerings
NeoSystems' flagship service offering, Complete Managed Services, include
on-site support from highly trained and experienced
personnel using an integrated software package based on Deltek applications and Cognos performance tools.
NeoSystems became Deltek's largest MSP Outsourced
Accounting Partner in 2003. Each client has a
Project Director who works closely with the client's
management team and is supervised by a Vice President of
Client Services.
Complete Managed Services Offering components include:
- Processes, procedures, and financial infrastructure
to accumulate concise accounting information, indirect
cost rates and other financial information.
- One or more accountants and/or contract
administrators proficient in government contracting and
the Deltek system, who work at the client's site,
providing accounting, financial management and contract
administration support.
- A set of customized Deltek applications to organize and help
manage accounting and contract administration data
tailored to a client's size, complexity, and business
model. Applications used to support the client’s operations within our MSP offering include
either GCS Premier or Costpoint (depending on size and complexity of operations),
Electronic Time Collection, Electronic Expense Collection, Cobra, Open Plan, Enterprise Planner,
and Impromptu.
- Data and application hosting on NeoSystems' secure
network that can be accessed via a secure Internet
connection from anywhere in the world.
- Regular financial and managerial reports produced
for each reporting period, and the ability to generate
ad hoc reports using Deltek's Impromptu™ report
writer.
A La Carte Services Offerings
For organizations who opt not to take our complete MSP service offering,
we offer services on an a la carte basis which encompass two main areas:
- Electronic Time & Expense Collection and Reporting.
We help companies implement and operate Deltek's
electronic time collection software, a valuable and
critical tool for ensuring full and accurate billing.
More than 500,000 professionals of project-based
companies use Deltek's time collection software, which
interfaces with Deltek's Costpoint® and GCS Premier®
accounting systems.
These services enable employees to manage their
timesheets and expense reporting securely from any
location with an Internet connection, while allowing
management to track project workforce efficiency and
costs accurately. NeoSystems also builds custom
interfaces and other expense reporting systems.
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Application Hosting Services. NeoSystems'
experienced IT staff helps companies implement and use
Deltek's Costpoint® and GCS Premier®
software. We support all hosted applications,
including data backup and disaster recovery.
NeoSystems also installs, maintains, and supports all
hosted applications in our comprehensive information
technology back office.
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STANDARD CORPORATE MODEL
Government Contractor
Typical Internal Business
Functions
NEOSYSTEMS MSP MODEL
Government Contractor
Outsources Financial Management
Function reducing accounting costs by 35%
Savings redistributed
to other business functions
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