Business Systems Assessment Tool
About 5-8 minutes to complete assessment questions.
Begin Assessment
QUESTION 1
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Yes, we currently have one or more cost reimbursable contract and likely will bid on more.
Yes, we intend to bid on cost reimbursable contracts but don't have any now.
No, we do not have any cost reimbursable contracts and I'm not sure if we will bid on cost reimbursable contracts in the future.
No, we do not have any cost reimbursable contracts nor do I foresee us going after one.
QUESTION 2
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No, I do not foresee any of our goods/services being deemed commercial.
Yes, I only intend to sell commercial goods and/or services to the federal government.
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QUESTION 3
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Yes
No
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QUESTION 4
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Yes and we have worked to customize it to be ready to account for cost reimbursable contracts.
Yes, but we have not implemented any processes to account for costs under cost reimbursable contracts.
No, but we think what we have should work for cost reimbursable contracts.
No and I'm not sure or don't think the software will help us perform under cost reimbursable contracts.
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QUESTION 5
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Yes and this is a rigid requirement throughout our organization for all/almost all employees.
Yes, but our timesheets are often late in being submitted, frequently have errors, and/or not completed by most employees.
We have timesheets, but we do not require all of our employees to record all hours worked and/or we do not record time on specific projects.
Our organization does not utilize timesheets except for hourly employees and/or only for recording leave.
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QUESTION 6
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Yes! They address a wide variety of government contracting compliance requirements such as allowable/unallowable and direct/indirect costs. They also address proper timekeeping and project accounting.
Yes but they are primarily focused on ensuring timely, accurate financial statements are able to be produced.
No but we have some desktop procedures to ensure proper accounting in certain circumstances like expense reports, journal entries and/or accounts payable vouchers.
No, nor do we have any desktop procedures and/or we have a very small accounting department.
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QUESTION 7
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Yes, we are able to do all of the above.
We segregate direct and indirect costs but not unallowable costs or vice versa.
We segregate direct and indirect cost and/or our unallowable costs outside our accounting system.
What's an unallowable cost?
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QUESTION 8
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Yes and we are consistent with this rate structure and our accounting software is readily able to calculate our indirect rates.
Yes but we sometimes make changes to the structure depending on the contract determination and/or it takes signficant effort to calculate our indirect rates.
While we keep a close eye on our project gross margins, we do not fully understand what drives our indirect costs.
No, we based our pricing mostly on the market and not as much on costs.
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WHAT YOU'LL SEE IN YOUR ASSESSMENT:
Learn about your company's state of readiness
Gain access to additional helpful resources
