For many GovCons, financial planning and analysis (FP&A) still happens in sprawling Excel workbooks. Your entire financial team, including the CFO and FP&A manager, has come to rely on Excel as a familiar tool. But the government marketplace and the economy as a whole face increased uncertainty and complexity and Excel’s function as a financial security blanket is starting to fray at the edges.
The reality is this: As your business grows and adjusts to changing market conditions, your financial processes need to keep up and scale with the shifts. Excel, for all its strengths, is not built for the unique demands of today’s world of GovCon finance. The longer your company relies on Excel simply because it is the known quantity, the more difficult, risky, and time-consuming your financial management is likely to become.
The choice is not Excel vs. complicated, hard-to-use software. Nue’s SaaS FP&A system is purpose-built for the needs of GovCons and other project-based businesses, from DCAA-compliant indirect rate forecasting to scaling your budget strategy over time. Nue provides guidance from GovCon experts for software onboarding and implementation. The aim is to make your FP&A quicker, easier, and relevant to the market in which you operate.
5 Reasons for Migrating to Nue’s Advanced FP&A Now
-
Built from the Ground Up for Doing Business with the Government
Accurate indirect rates are foundational for successful government contracting. Accurate cost management for fringe benefits, overhead, general and administrative (G&A), bid and proposal (B&P), independent research and development (IR&D), and other cost pools is essential for pricing proposals, managing projects, and maintaining DCAA compliance.
In Excel, this often means wrestling with custom formulas, manual rate applications, and stressful error-checking. Nue’s SaaS FP&A system natively understands these structures to apply rates automatically, update forecasts in real time, and enable unlimited “what-if” scenario modeling without rebuilding the Excel workbook.
The result is reliable, audit-ready forecasts without the spreadsheet gymnastics.
-
Keeps Your GovCon Audit-Ready and Compliant
Excel offers no built-in audit trail, which makes it difficult for your financial team to track changes, control document versions, and enforce who gets access to what information, all of which are compliance risks.
Nue FP&A delivers automated audit logs and allows customized access within and outside your organization. You gain full traceability on every input and assumption, keeping you audit-ready without scrambling through old emails or reconciling conflicting spreadsheets. Nue maintains unlimited plans and allows for data warehousing and retrieval on demand.
-
Provides Real-Time Visibility for Strategic Agility and Financial Resilience
Market disruptions, budget fluctuations, and emerging technologies make it imperative that leadership’s financial awareness not lag behind market realities. This lag is often evident in Excel as decisions get delayed while leaders wait for actuals to be exported and pasted in, and formulas double-checked.
Nue’s SaaS FP&A solution integrates directly with ERP systems such as Deltek Costpoint and Unanet GovCon to pull live data and instantly calculate variances against your budget and financial forecasts. Dashboards update automatically to give leadership real-time visibility to assess risks, manage resources, explore alternatives, and grab opportunities. Unlimited scenario planning means the finance team can evaluate how a change affects wrap rates, profitability, cash flow, pipeline scenarios, indirect rates, and more in real time.
-
Makes Enterprise-Wide Collaboration Smooth and Efficient
Financial planning does not happen in a vacuum. Program managers, finance, and business development leaders all have a stake in the strategy. Collaboration in Excel often means extensive email chains, conflicting file versions, and hours spent consolidating updates.
Nue’s FP&A platform centralizes financial data in a shared, secure environment. Proposal leads can input staffing plans and pricing assumptions directly. Finance can manage approvals and version control with ease. Intuitive dashboards clarify complex data to ensure that everyone stays aligned for collaboration without the chaos.
-
Designed to Scale, Ready for Growth
As your GovCon takes on more contracts, cost centers, or business units, your financial planning needs grow too. Scaling in Excel often means more tabs, more files–and more chance for error.
Nue’s FP&A system scales seamlessly to support multi-entity, multi-year, and multi-scenario planning. Whether your GovCon is managing many contracts, modeling forward pricing rates, or consolidating forecasts across departments, Nue grows with you—without needing an army of spreadsheet ninjas. You don’t have to abandon Excel entirely. Export any scenario or report with ease, while leveraging a secure data warehouse and powerful calculation engine behind the scenes.
The Bottom Line
Migrating from Excel to advanced FP&A is much more than a technology upgrade. It is a strategic shift toward faster, more accurate, and more compliant financial management. Nue FP&A prevents bottlenecks, reduces risk, saves time, and gives your team the tools they need to plan proactively for both the uncertainties and new potential in today’s volatile government marketplace. The longer your organization defaults to Excel, the harder, costlier, and riskier your financial forecasting becomes.
The conditions are right to explore Nue’s FP&A platform. Contact us today for a demonstration at your convenience.
