ICAT Systems Email Format
AccountingWest Virginia, United States2-10 Employees
ICAT Systems is a small accounting-focused company based in Shepherdstown, West Virginia. Its ICAT tool integrates with QuickBooks to deliver cost accounting functionality that supports a DCAA-compliant system and helps organizations manage federal contracts. The software automates government-contracting reporting and converts QuickBooks data into key metrics such as indirect and wrap rates, total costs by job, contract profitability, labor hours by contract, contract status over the life of a project, and budget versus actual spending. ICAT also supports activities including incurred cost proposals, provisional rate development, and budgeting, enabling compliance and informed decision-making. In addition to the software, the company offers CPE-eligible training on managing a government contractor's accounting system, and in 2020 it partnered with Ace Cloud Hosting to provide cloud-hosted access and real-time reporting capabilities.