This is the second part of the “Advantages of WrkPlan’s Fully Integrated System” series and covers WrkPlan's business expense portal.

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.

QuickBooks is an excellent accounting tool for contractors at the early stages of growth. However, as these companies grow and diversify their contracting, they run into QuickBooks’ limitations. QuickBooks users regularly face challenges when generating Time & Materials (T&M) invoices.

The Department of Labor has issued new Service Contract Act (SCA) health and welfare (H&W) rates. Effective July 7, 2025, the prevailing H&W fringe benefits rise from a rate of $5.36 per hour to $5.55 per hour. If a contractor is obligated to comply with Executive Order (EO) 13706 sick leave requirements, the rates increase from $4.93 per hour to $5.09 per hour.