BDO Knows Unanet ERP – 2024 Q3

BDO’s Unanet ERP Quarterly Newsletter provides timely insights, featured system enhancements, announcements, and highlights key development suggestions relevant to Unanet. Contact us today to receive the newsletter in your inbox.

Insights of the Quarter

Have you ever considered how the Subcontractor Portal could streamline your operations? Unanet's Subcontractor Portal is designed to simplify and expedite the management of your subcontractor workforce, from onboarding to invoicing, thereby strengthening the relationship between Prime contractors and their Subcontractors. By leveraging the Subcontractor Portal, you can introduce significant efficiencies into your management processes:

• Accelerates the transition from labor incurred to invoicing and revenue recognition.
• Minimizes manual tasks and reduces the need for manual adjustments.
• Lowers accrual amounts, saving time on reconciliation.
• Enhances project execution with real-time visibility and control.
• Allows assignment of subcontractor employees to specific projects with controlled authorized hours.
• Centralizes subcontractor time and expense tracking.
• Boosts enterprise-wide visibility of information.
• Optimizes utilization, resources, funding, cash flow, revenue, and profit.

Our team has deep expertise in this area and is ready to help you enhance your subcontractor management capabilities. For any questions or additional information about the Subcontractor Portal in Unanet, please contact Stephanie Lianos.

Announcements

BDO attended the Space and Missile Defense Symposium in Huntsville, AL: We were delighted to be part of the SMD Symposium this year! It was a pleasure meeting many of our clients in person and learning more about their fascinating projects and industry needs. The next event in Huntsville will be the AUSA Global Force Symposium and Exposition in March 2025.  We hope to see you there! 

New Enhancements

We are thrilled to see the Unanet developers continuously improving the software. Over the last quarter, several updates have been made to prepare the system for the eagerly awaited multicurrency functionality. Additional reports can now be exported via CSV, and the new Vendor Invoice Automation feature has been recently introduced. To view the complete list of updates and stay informed, visit the Unanet New Features & Functions section in the Unanet Experience Center.

BDO’s Unanet Suggestions

Here are a few of our favorite suggestions:

• Task Roll-up Options for Cost Summary Report
• Contract Modifications - Project Optional
• Limit Expense Types based on Project Type

If any of these suggestions benefit your company, be sure to vote and leave a comment. Unanet developers highly value customer feedback, so don't hesitate to submit your ideas at http://suggestions.unanet.com to make your voice heard.

Save the Date

Government Contracting Webcast Series: The BDO Government Contracting Center of Excellence invites you to join us for informative webinars designed to share our knowledge on trending hot topics, compliance concerns, enterprise business systems, finance, tax and other pertinent topics to help your organization thrive in the government contracting sector. Our next session, “Lessons Learned from CMMC Joint Surveillance Voluntary Assessments” will take place on September 18th at 12:00pm ET. Visit BDO's Government Contracting Webcast Series to register for this webcast and future sessions, as well as view previous archived recordings.

Champions Conference 2025: Mark your calendars for the Unanet Champions Conference 2025, happening from April 29th to May 2nd, 2025, at the Marriott Marquis in Atlanta, GA. This event is a prime opportunity to network with industry leaders, acquire valuable insights, and sharpen your skills. Stay tuned for more updates from Unanet as additional details about the conference are released. 

Our Services & Approach

BDO’s Industry Specialty Services Group is comprised of diverse consulting teams supporting unique business functions in multiple industry verticals.  Some of these industries include government contracting, healthcare, life sciences, nonprofit, education and community resilience.  

BDO’s implementation methodology & strategy is unique as we purposely employ consultants who have a blended set of skills to include, but not limited to, accounting, systems, and heavily regulated industry compliance. Our services include design and new implementations, data conversion, M&A integration & BI services, system review and reconfiguration, policies & procedures review and outsourced accounting services.  Additionally, the ability to leverage the wider in-house BDO team as it relates to subjects ranging from compliance to tax is what differentiates us. Utilizing a collaborative approach during implementations, led by our ERP experts, our clients routinely choose BDO for our full solution.