Bloggauge report

Can You Afford to Wait on an Accounting System Upgrade?

By November 30, 2021 No Comments

CohnReznick’s 2021 Gauge Report focused on Winning Proposals and included a wealth of information about business development and capture. Here at WJ Technologies, we gravitate toward the accounting parts and pieces – and one chart really got our attention.

It’s about a conversation we have every day. Do you plan to implement an ERP system when you can “afford” to, or do you wait until you “have” to upgrade to stay in compliance?

Companies who come to us know they need better data – and are fully aware they need to upgrade their software from an entry-level product into a more sophisticated, government contracting ERP solution. They’ve been wowed by demos and the capabilities they demonstrate, are likely growing or have won a contract requiring better reporting, or they need to see project data at a granular level to make better business decisions.

If price was not an object, they’d be ready to buy. But unfortunately, price usually IS an object.

For companies crossing over from small to medium, or medium to large, these are stressful times for leadership. Deciding whether to invest in software versus another investment to be successful is not an easy choice.

WJ Technologies is a leading provider of accounting software and services for Government Contractors. We tailor our services to meet your company’s needs offering accounting systems consulting, software evaluation and decision support, accounting services, staff augmentation, training, and government contracting services. Contact us to learn more about how we can help you!

We are delighted to announce that, as of February 1, 2023, the professionals of WJ Technologies have joined CohnReznick, one of the leading advisory, assurance, and tax firms in the United States – a move that catapults our ability to serve our clients, our people, and our communities well into the future.