This is the third part of the “Advantages of WrkPlan’s Fully Integrated System” series.  Click these links to read the first article or the second article, if you haven’t already done so.

WrkPlan’s fully integrated, all-in-one ERP platform makes it easy to manage the accounting and financial aspects of federal government contracting.  This is possible because our system includes all the necessary components, which are synchronized and in communication with each other.

Consider the process for generating Time & Materials (“T&M”) and Cost-Plus invoices.  WrkPlan’s invoicing system allows you to do the following:

• Pull and display all contract-expense and labor data for the invoice period
• Apply the appropriate provisional G&A and overhead mark-ups
• Calculate the fee for cost-plus
• Adjust, display, and forecast funding for all the contract’s tasks
• Generate a complete invoice package including SF1034, 1035, DD250, labor certification, cover letter, task-level sub-invoices, list of direct costs, receipts, etc.

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Here’s a snippet of what WrkPlan’s invoice system looks like:

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To learn more, please click this link to contact our sales team to schedule a demo.