logo
Baker Tilly Insights Into Transformative Ways AI Is Helping Government Contractors

Baker Tilly Insights Into Transformative Ways AI Is Helping Government Contractors

Authored by Kevin Brandt
Government contracting has always been characterized by complex processes, documentation and rigorous compliance requirements. The processes traditionally demand human resources and expertise to navigate. Additionally, these legacy processes often lead to inefficiencies and missed opportunities for innovation. Artificial intelligence (AI) technologies are deployed to address these longstanding challenges. The intersection of AI and government contracting showcases a shift in how government contractors operate and maintain compliance. The impact of AI in the contracting industry is beyond automation of routine tasks, it is now enabling a more strategic approach that can adapt to changing needs and leverage data in unprecedented ways.
Proposal development and optimization
Government contractors are now using AI-powered tools to improve their proposal development process and win rates. These systems analyze past successful proposals, client-specific requirements and evaluation criteria to help contractors create more compelling and compliant bids. AI tools in enterprise resource planning (ERP) systems can parse complex government solicitations in minutes rather than the hours it would take proposal teams to do manually, extracting key requirements, deadlines and evaluation criteria into organized formats. Practical applications include:
For contractors of all sizes, these AI capabilities mean more proposals can be developed with fewer resources, while simultaneously improving quality and compliance. This can be a genuine competitive advantage in the federal marketplace.
Contract management
Once a contract is won, AI can ensure successful performance, identify potential issues before they become problems and gather data to strengthen future bids. AI capabilities automatically extract and track key contract terms, deliverable schedules and compliance requirements, alerting when deadlines approach or potential performance issues emerge. More sophisticated systems can analyze performance data across multiple contracts to identify trends and patterns. For example, these tools might recognize that certain types of deliverables consistently fall behind schedule, allowing contractors to address systemic issues before they impact customer satisfaction. Practical applications include:
These capabilities not only improve performance on current contracts but also build a stronger foundation for winning future work by ensuring customer satisfaction and documenting past performance.
Risk mitigation
Government contractors operate in a highly regulated environment where compliance failures can lead to serious consequences. AI-powered ERP solutions can continuously monitor transactions, communications and activities for potential compliance issues. For example, these tools can analyze expense reports to flag potential violations of contract billing rules. Beyond these applications, predictive analytics models embedded in AI enable contractors to take preemptive measures to reduce potential issues by forecasting future risks based on historical data. Practical applications include:
By identifying and addressing compliance issues before they escalate, AI can help contractors avoid costly problems while simultaneously reducing the administrative burden of manual compliance reviews.
Decision-making
AI-integrated solutions integrate data from across the organization to provide executives with actionable insights that drive better business decisions. Specialized government contracting platforms such as Deltek have incorporated AI capabilities that go beyond traditional reporting. These tools use machine learning algorithms to identify patterns and relationships in complex data sets that would be impossible for humans to discover through conventional analysis.For example, the solutions can identify correlations between specific proposal strategies and win rates or between contract types and profitability metrics, helping leadership allocate resources more effectively.Practical applications include:
By replacing intuition and gut feelings with data-driven insights, these AI systems are helping contractors make more objective, evidence-based decisions about where to invest their limited resources for maximum return.
How we can help
Deltek solutions for government contractors leverage AI capabilities to enhance efficiency and provide data-driven insights. These capabilities help reduce manual effort, mitigate risks and optimize performance, ultimately driving greater efficiency and compliance. As a trusted Deltek alliance partner, Baker Tilly provides seamless implementation, integration and optimization of Deltek's enterprise solutions.
Contact a Baker Tilly specialist to learn more.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Watch Messi for cheap at Club World Cup? FIFA offering discounted tickets to some students
Watch Messi for cheap at Club World Cup? FIFA offering discounted tickets to some students

New York Times

time27 minutes ago

  • New York Times

Watch Messi for cheap at Club World Cup? FIFA offering discounted tickets to some students

FIFA's latest attempts to fill Hard Rock Stadium for the Club World Cup opening match between Inter Miami and Egyptian team Al-Ahly involve offering students at an affiliated local college a single ticket for $20 — but with the promise of up to four complimentary tickets. The Athletic last week revealed the launch game, which takes place on Saturday night, still had tens of thousands of tickets unsold for a match likely to star Lionel Messi for MLS side Inter Miami. Hard Rock Stadium has a capacity of 65,326. FIFA denied that fewer than 20,000 tickets had been sold for the match — insisting the number was 'much higher' — but they did not specify the number. Advertisement Now, however, email promotions have been sent out to those connected to Miami Dade College, which announced a collaboration with FIFA in April 2024. This involves students being given the chance to intern at FIFA's Miami office, while FIFA's museum loans exhibits to the college. Miami Dade College has more than 100,000 students currently enrolled, according to the announcement made by FIFA of the partnership one year ago. An email promotion sent out says that FIFA, in collaboration with Miami Dade College, is 'providing up to four complimentary tickets to the opening match of the FIFA Club World Cup with the purchase of one ticket at the reduced student price of $20.' Those who respond are asked to submit their Miami Dade College email when using their purchase. If they secure the five tickets, then they are essentially able to watch Messi for just $4 a seat, which is a bargain for the local community but a long way away from FIFA's original expectations when pitching this tournament as the most coveted trophy in world club football. As reported previously by The Athletic, FIFA has sold general sale tickets for the revamped 32-team Club World Cup under a dynamic pricing model, a system whereby prices fluctuate based on demand, and the slumping prices for certain games are indicative of FIFA's struggles to sell out stadiums. As of last Tuesday, Inter Miami's game against Al-Ahly had dropped to $55, according to prices on Ticketmaster, the portal FIFA is using to sell tickets for the tournament. This was half of what they were available for in May, while tickets were $230 for the cheapest seat in January and $349 after the draw in December. FIFA is now hoping that the reduced prices will draw people in during a publicity blitz in the final week before the tournament. Despite the $20 offer for the affiliated college, the cheapest seat available on Ticketmaster tonight was $69.15 for an 'obstructed view.' It is not known how many tickets have now been sold for the game, but it is clear that FIFA is now taking every possible step to avoid any perception on Saturday night that the tournament is not in demand. Advertisement FIFA sources, speaking anonymously as they were not authorized to talk publicly on the matter, said that the organization has a strong relationship with the college and see it as a positive to extend the offer to their students to see world-class soccer on their doorstep.

Longtime Wichita business to be auctioned, and it's harder than it looks
Longtime Wichita business to be auctioned, and it's harder than it looks

Yahoo

time32 minutes ago

  • Yahoo

Longtime Wichita business to be auctioned, and it's harder than it looks

The first of a couple of auctions at the former Barney's Discount Drug store near Central and Zoo Boulevard will begin at 9 a.m. on Wednesday. It's new territory for Scott Riffel and his family, who have had the business for four decades. Ask him how he's doing these days, and Riffel might stutter a reply. 'I'm OK . . . I think.' Riffel said he hesitates to compare it to a death, but 'it's very draining to go through.' He and his family decided to close the store because the pharmacy within it was closing. The Riffels owned that business with George Saghbene. Changes in the way prescriptions are reimbursed forced the closure, and without the pharmacy, Riffel said Barney's could not survive. A lot of over-the-counter medications will be part of the first auction as will various medical, home health and personal supplies along with a variety of other items, such as greeting cards and light bulbs. 'Mostly for this first one, it's leftover merchandise,' Riffel said. 'Just a little bit of everything we were unable to sell in the liquidation sale.' There also will be items such as open and closed signs, 'things that we found that we still had after 40 years of hoarding things in the warehouse.' Bud Palmer Auction is handling the auction and will sell a lot of the items in lots instead of individually. 'They've been impressive,' Riffel said. 'I mean, Bud knows what he's doing.' A second auction, at 9 a.m. on June 25, will be to sell fixtures in the store. Riffel said he's already learned a lot from Palmer that he wishes he'd learned earlier in business. Not that he recommends anyone go through this. After reading about so many businesses closing or being forced to close through the years and having their merchandise auctioned, Riffel said, 'I see it through a different light now.' He said he feels a lot more compassion for those businesses these days. 'When I read these in the future, I will think and pray for them more than cruising through the article.' Among the mixture of feelings he's experiencing, Riffel said gratitude — for his employees and customers, whom he's already missing — is a big one. 'I'm really grateful that Wichita gave us such a nice run.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store