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An expense and cost recovery system (ECRS) is a specialized subset of "extract, transform, load" (ETL) functioning as a powerful and flexible set of applications, including programs, scripts and databases designed to improve the cash flow of businesses and organizations by automating the movement of data between cost recovery systems, electronic billing from vendors, and accounting systems.
Automatically tracks time spent on phone usage, at places, while traveling, sleeping and fitness activities. With a chatbot coach, reports and goals. Used for consumers and employee wellness programs. Can export CSV, integrates with Apple Health, Google Fit, Samsung S Health and Fitbit. Locally stored on phone, can back up on iCloud or Google Drive
National Contract Management Association: N/A Contract and Commercial Management Certification: CCM: International Association for Contract and Commercial Management: Associate, Practitioner, and Expert Certified Federal Contract Manager: CFCM: National Contract Management Association: N/A Certified Professional Contract Manager: CPCM
A Schedule of Values (SOV) is a detailed schedule apportioning the original contract sum and all change orders, among all cost code divisions or portions of the work. The Schedule of Values shall be based on the approved budget or the approved Fixed Price, or GMP, Cost-Plus Contract type as applicable.
PWIN – Percent win (a measure of performance of capture when bidding for contracts with a targeted customer base such as bidding for government contracts) [13] [14] PWP – Personal Wealth Portfolio
An example would be an expense and cost recovery system such as used by accountants, consultants, and law firms. The data usually ends up in the time and billing system, although some businesses may also utilize the raw data for employee productivity reports to Human Resources (personnel dept.) or equipment usage reports to Facilities Management.
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The objectives for which government entities apply accountancy that can be organized in two main categories: - The accounting of activities for accountability purposes. In other words, the representatives of the public, and officials appointed by them, must be accountable to the public for powers and tasks delegated.
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related to: time and billing programs for accountants in ohio government contracts