What is the status of the GovCon Industry?
From 634 responses across more than 100 questions, the 8th Annual Deltek Clarity Government Contracting Industry Study continues to expand our understanding of long-term trends. This year we found:
Investments in business development paid off with a win rate rise of 2.6 points
Project managers struggled to accurately forecast project costs
Lack of internal KPI's...
Category: Accounting
June 12, 2017
8th Annual Deltek Government Contracting Industry Study (Clarity) Highlights
by Colin Quinn
May 25, 2017
Why now is the best time to migrate to Deltek Costpoint – Part 3 Manufacturing
by Colin Quinn
In our second installment of our three-part series on “Why now is the best time to migrate to Deltek Costpoint,” we discussed the technology behind GCS Premier and the greater reporting and customization offered by switching to Costpoint.
Previous Post: Why now is the best time to migrate to Deltek Costpoint – Part 2 Insight
Now, we will discuss our final benefit gained by switching from GCS to...
January 30, 2017
Why are Budgeting and Forecasting Important to Your Business?
by Colin Quinn
Budgeting and forecasting are the two single most important undertakings you can do for your business. They are also two of the least popular jobs people rarely look forward to starting. Taking the time to make an workable budget and to accurately forecast can mean the difference between failure and success for your business.
When done poorly, budgets and forecasts not only become futile, but they also...
November 18, 2016
Deltek Insight 2016 - Top 5 Takeaways
by Colin Quinn
Each year, Insight gets bigger and better – with new content, more hands-on time with product and industry experts, unmatched networking opportunities and unique experiences and 2016 was no exception.
Sadly, Insight 2016 has come to an end - If your anything like us your rummaging through your stack of business cards, trying to get Sugar Ray and LoCash songs out of your head, and trying to figure out...
September 14, 2016
5 Reasons Why You Should Attend Deltek Insight 2016!
by Colin Quinn
Deltek Insight provides the information you need to align the most critical areas of your business – your projects and your people. Join us for three days of incredible sessions, endless networking opportunities, exciting keynote speakers and, of course, some fun!
Here are five reasons why you should attend:
1. Sneak peeks of future product releases and features
Deltek always waits to announce "big...
June 24, 2016
5 Reasons Why You Should Be Using Keyboard Shortcuts in Costpoint
by Colin Quinn
Here are some considerations to encourage you to replace or at least reduce mouse habits and start using shortcut keys extensively..
1.Efficiency
It is generally acknowledged by tech guru's that you can increase your productivity and accomplish more tasks by using the keyboard instead of mouse. In other words, it’s easier and gets your job done faster:). Take for example the task of selecting all the text in...
February 8, 2016
Beer Brewer Quenches Thirst with IBM's Predictive Analytics
by Colin Quinn
Here's how 172-year-old beer maker Pabst is using IBM's predictive analytics to reinvent itself..
We've all had a "PBR" at some point, the Pabst Brewing Company which has been around since 1844 has brewed several popular beer brands, but none more notable then Pabst Blue Ribbon.
The 172-year-old beer brewer may have started selling beer in the 19th century, but it hasn't remained trapped in the past...
January 12, 2016
How to choose the best accounting software for your business
by Colin Quinn
Have you ever noticed your employees spend more time managing the books and dealing with cumbersome spreadsheets, then you'd like.. Then accounting software may be the right choice for your business. Streamlining your processes by reducing, or completely eliminating the need to constantly manually re-enter the same data on multiple sources, can save you time, money, and your sanity.
Accounting software is a...
June 16, 2015
5 Critical Business Forecasting Tips
by Colin Quinn
Forecasting is crucial to any business, especially in an uncertain economy. So here's some expert tips on doing it right - accurately & effectively.
1. Don't ignore it
Forecasting can easily become something you put-off, or not even do at all. In an unstable economic environment, it may seem easier to just keep floating along, but that takes up a lot of energy.
However, it is critical to know...
December 16, 2014
6 Common Accounting Challenges for Government Contractors
by Colin Quinn
Government contractors have specific accounting needs. The complex, stringent, and regularly changing requirements and regulations of Government agencies creates many accounting and financial challenges for small and mid-sized contractors.
There are 6 demanding accounting challenges Government Contractors face. We will share those mistakes below:
1. Not comprehending government rules/requirements...