KIHOMAC Achieves Audit Compliance, QuickBooks Integration and Web-Based Time Tracking with Journyx

Government Contractor Names Journyx as “Clear Winner” in Time Tracking Search

AUSTIN, TEXAS (January 18, 2012) – Journyx today announces that KIHOMAC, a government contractor that provides program management and system engineering services, conducts engineering analysis, and develops sustainment solutions for aerospace vehicles, is using Journyx Timesheet for audit compliance, QuickBooks integration and seamless employee time tracking and reporting.

Journyx helps customers automate payroll, billing and cost accounting for compliance with DCAA and other government regulations.

Just like every contractor working on government contracts, KIHOMAC must adhere to standards set forth by the Defense Contract Audit Agency (DCAA) to keep track of employee time each day and properly apportion that time to the contracts the employees work. KIHOMAC originally tried to accomplish this by using paper timesheets but found the process unwieldy and unorganized with so many employees. KIHOMAC sought a web-based solution that is DCAA-compliant, integrates with QuickBooks accounting software, and can be accessed by employees from anywhere.

“We looked at several different time tracking solutions, and Journyx was the clear winner,” said Adam Grimm, Director for Strategic Programs for KIHOMAC.

Approximately 105 KIHOMAC employees track their time daily in Journyx. KIHOMAC also uses Journyx to generate reports when executives need a greater understanding of historical data. Additionally, Journyx reports give KIHOMAC management a big picture of current projects, tasks and the people working on them to ensure employees are fully tasked and no one’s time is being wasted.

“The integration between QuickBooks and Journyx is simple,” said Grimm. “QuickBooks is fully-featured accounting software (we use QuickBooks Enterprise to enable multiple simultaneous users) and we haven't found anything that it won't support. We believe QuickBooks can take us through at least the $25M revenue mark and beyond.”

Labor can often be the largest expense in defense contracts. Using a web-based system that automates many labor intensive processes, such as capturing and reporting contract-specific data and providing critical support documentation for audits, helps companies see success with a government contract.

“At Journyx, we understand how stressful a potential DCAA audit can be, and it’s our mission to take the time tracking component and let you know there’s one less thing to worry about,” said Journyx CEO Curt Finch. “Journyx integrates with QuickBooks, we grow with you, we help you automate the critical function of time tracking – it’s that easy.”

A case study further detailing Journyx’s work with KIHOMAC can be found here.

About KIHOMAC

KIHOMAC is an aerospace and defense acquisition and technology company founded in 2003. In 2005, KIHOMAC was certified as a veteran-owned, 8(a), Small Disadvantaged Business (SDB) providing system acquisition and life cycle management support to government agencies. Our capabilities include Acquisition Management, Business Support, Systems Engineering and Manufacture & Design. Learn more at http://www.kihomac.com.

About Journyx, Inc.

Journyx helps customers automate payroll, billing and cost accounting for compliance with DCAA and other government regulations. Founded in 1996, Journyx has been providing time management solutions to government contractors for nearly 15 years. Over 1,000 companies use Journyx to ensure that they fully comply with DCAA regulations. Journyx provides efficient and accurate time tracking, managerial controls, customization options and reporting features. Customers include Mainstreet Technologies, The Mayvin Consulting Group, KIHOMAC, Schlumberger and many others. For more information, visit http://journyx.com/customers/government.

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