Aronson & Co. recently announced the formation of the Deltek Outsourcing Services Group -- a move designed to address the growing back-office needs of Metro Washington's large government contracting community.
"A&C recognizes the need for better accounting operations management among federal contractors, but we also know that there are many companies that simply don't have the specialized accounting staff to handle these tasks," said managing officer Lisa J. Cines, in a statement.
According to the firm, internal accounting departments cost most government contractors between $100,000 and $500,000 a year. The accounting firm will offer its outsourcing services in tandem with Deltek software for government contractors. The services available from Aronson include accounts payable processing, time sheets, payroll preparation, financial reporting, job summary reports and labor utilization.
Stephen T. Swales, who will be in charge of the outsourcing group, said that the service will allow small and midsized companies to compete on the same playing field as the big players in government contracting.
The new Deltek Outsourcing Group will be part of A&C's Government and Technology Services Group. A&C ranked No. 55 on Accounting Today's 2006 Top 100 Firms list, with revenues of $38 million.
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