Bob Burleson added to panel at MSFT Summit

We’re excited that Bob Burleson, Chief Financial Officer of Software Process Technologies (SPT), will participate on the Government Contractor Panel at the Microsoft Government Contractor Summit on March 17. Register for the Summit here. Here’s his bio:

Robert Burleson is a “high-tech” Chief Financial Officer with experience in both the IT and Biotech industries.  With a background that includes working for Private and Publicly traded companies he has experience in both buying and selling Government Contracting entities.

He is currently Chief Financial Officer of Software Process Technologies (SPT).  In this position, he oversees the finance, accounting and business operations of the company.  SPT partners with client organizations in need of cleared personnel to design, develop, implement and deploy high-end, custom, technology based solutions by integrating existing and emerging concepts.

Before joining SPT, Burleson was Senior Vice President of Business Operations and Finance for TechTeam Government Solutions, Inc.  Jacobs Engineering acquired TechTeam in the fall of 2010.  Prior to this, he was Chief Financial Officer for ATCC, a world leader in providing standard biological reference material.  As CFO, he has managed all accounting, information systems and administrative matters.

Starting in 2005, he began been teaching in the Graduate School of Medicine at Georgetown University.  The topics he covers includes Federal Grants and Contracts.

Burleson earned his B.S. in Business Administration from George Mason University and his M.B.A. in Accounting/Finance from Marymount University.

PVBS Customer CSSI CEO Featured in Woman’s Business Magazine

We’re excited about an article that featured our customer Cindy Castillo, CEO of CSSI in the November/December issue of March magazine.  After 17 years with Castillo at its helm, CSSI has grown to around 270 employees and $40 million in revenue.

“Our goal is to be at $60 million by the end of next year and $100 million by 2015,” she said. CSSI’s primary customer is the Federal Aviation Administration (FAA); it also works with the Navy and NASA.

New Rule Requires Contractor Disclosure of Executive Compensation

New Rule Requires Contractor Disclosure of Executive Compensation – More Transparency or More Bureaucracy?

Our friends at leading government accounting firm Goodman and Company have a pretty direct take on some of the changes The Obama Administration is taking towards a more open government and how it affects contractors, in this case  some new changes in reporting requirements that affect federal contractors. An interim rule, which took effect July 8 and will be phased in over the next nine months, amends the Federal Acquisition Regulation (FAR). The intent is to ensure that FAR complies with two federal laws mandating greater transparency in government…. Read the entire article and find out how it affects you.

PVBS Recognized as Top Three Dynamics NAV Partner Worldwide

Microsoft announced at its worldwide partner conference last week in Washington DC that Pleasant Valley Business Solutions (PVBS) had been recognized as one of the top three Dynamics NAV partner worldwide in the Microsoft Dynamics NAV Partner of the Year award category for the second year in a row. PVBS offers the premier Microsoft-based solution for government contractor ERP, project accounting and financial management.

Awards were presented in a number of categories, with winners and finalists chosen from a pool of almost 3,000 entrants worldwide. The Microsoft Dynamics NAV Partner of the Year Award honors partners who have exhibited excellence in providing innovative and unique solutions based on Microsoft Dynamics NAV. Read the press release.

What Growing Government Contractors Need to Know about the Changing Tax Landscape

As a result of unemployment rates hitting an all-time high in 2009, we saw changes made to federal and state tax rates, and new regulations introduced attempting to jumpstart the economy and employment. All of this will have an impact on small businesses for years to come. This white paper from our partner TriNet will help growing government contractor leaders answer the following questions: (1) What are the ramifications of new regulations and tax laws? (2) How will these changes affect my business? (3) What are best practices to control costs as these taxes increase?

Read more here.

Letter from Bernard Mustafa in June/July PVBS Newsletter

From the June/July “High-Growth Government Contractor News“.

We were guests on the Federal News Radio Gov Con Straight Talk show to discuss management strategies for companies that provide services to the government and want to start selling products, and vice versa. Companies that sell products to the Federal Government are always looking for ways to expand into more lucrative and higher margin service offerings. And service providers are often looking for product offerings to round out their business lines. Either way, it’s easier said than done. Listen to the show here.

On the show, Rich Marksberry of ROM & Associates, Christine Zmuda of Microsoft, and I discussed the major issues companies typically face when adding products or services to the mix. Product companies are concerned with managing high-volume transactions, which requires effective order management, quoting processes, and inventory and shipping controls, among many other challenges. Services, however, are typically done over a long period of time and require rigid tracking of billing and related implementation activities.

Product companies now providing services need to comply with Federal Acquisition Regulations (FAR) and well as Defense Contract Audit Agency (DCAA) compliance. Both are usually quite foreign to existing operations. Listen to the show for the management concerns you also need to be aware of.

Also, I invite you to visit our new YouTube channel to see our new solutions overviews and testimonials.

Best regards,
Bernard Mustafa

Goodman and Co’s Bricker Gives DCAA Update

At our May seminar, “Get Updated on the Top DCAA and FAR Compliance Issues and See How Microsoft’s Dynamics NAV Makes Compliance Happen,” Goodman and Company’s Ken Bricker gave an interesting update on three DCAA compliance issues he sees:

  • Noticing that more and more solicitations are hitting the street stating that accounting systems must be DCAA compliant before the company bids.
  • Prime contractors need to ensure that their subcontractors must also have DCAA compliant solutions.
  • Lack of clarity about where new DCAA Director Patrick Fitzgerald will take the organization. Fitzgerald replaced April Stephenson last Fall.
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