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In the ever-evolving landscape of project management and accounting, Deltek Costpoint has emerged as a robust solution for government contractors, manufacturing companies, and professional services firms. At the heart of its sophisticated financial architecture lies a concept crucial to accurate cost allocation and insightful financial reporting: Cost Pools. In this blog post, we'll delve into what Cost Pools...

Deltek ProjectCon stands as the pinnacle event for professionals like you, offering a unique platform to propel your career and enhance your organization's effectiveness. By participating in this enriching conference, you gain the power to expand your professional network, unlock invaluable knowledge, sharpen your Costpoint skills, and remain at the forefront of the ever-evolving industry.

Upgrading to the latest version of Costpoint, specifically Costpoint 8.1, is crucial to avoid several risks such as missing out on new features, potential security vulnerabilities, and the lack of technical support. Don't ignore the EOL timelines, as it can put your business at risk. In this blog post, we will discuss the risks and dangers of ignoring EOL timelines for Costpoint 8.0 and why upgrading is necessary to ensure business continuity.

Your organization has been using Deltek Costpoint for several years now, and it's time for an upgrade. Upgrading your enterprise resource planning (ERP) software is a significant undertaking, akin to updating a house you've lived in for over 20 years. Over the years, your organization has likely accumulated a significant amount of data and processes that may need to be reorganized to work with the...

Are you a small to medium-sized government contractor looking for the best financial management software? Look no further than Deltek Costpoint! With its extensive project management capabilities, complex billing support, powerful reporting and analysis tools, integration with other software, and focus on security and compliance, it's the perfect choice for contractors in the government industry. Plus, its comprehensive audit trail and audit preparation features make it easy to prepare for audits and provide the necessary documentation. Don't settle for less - choose Deltek Costpoint to streamline your operations and succeed in your government contracting business.

What might make you decide to register and attend Deltek ProjectCon?

Kinetek Consulting is here to support your transition to Deltek Costpoint 8.1. We understand that the needs of no two clients are the same, but the information present in this blog is intended to help guide you on how to manage and plan your Costpoint environment upgrade whether you are converting from Costpoint 7.1.1 or Costpoint 8.0. If you are ready to start your Costpoint upgrade, contact our Costpoint subject matter experts now to discuss your project needs.

Deltek announced the release of the 13th Annual Deltek Clarity Government Contracting Industry Study last week, it aims to identify and share the current trends and market outlooks in the government contracting (GovCon) landscape for 2022 and beyond.

After collecting survey responses from over 650 members of the GovCon community, Deltek has revealed their findings to help contractors address the biggest...

Sales transactions and information are dependent upon approvals. Deltek Costpoint WorkFlow can automate the approval process to increase the productivity of business units, improve the quality of work, whilst expediting and streamlining operations.

Speed and timing are of the utmost importance in sales. From identifying opportunities, arranging demos, generating quotes, and completing follow-ups, there are...

As a Government Contractor, you know Deltek Costpoint offers unparalleled project management, accounting, reporting, and compliance for project-driven organizations. What you might not know is that there is more than one option available to you... Continue reading our comprehensive guide below where we dive into details, benefits, and differences between Costpoint for Enterprise and Costpoint for Small Business...

Friendly reminder - Deltek Costpoint 7.1 will be entering sustaining support beginning on March 1, 2022! What does The Great Pyramid of Giza and the Great Wall of China have in common? They were both built to last forever! Your Enterprise Resource Planning (ERP) Accounting software? Not so much. Technology today seems to come with an ever-increasingly shorter lifespan, in most accounting, and finance departments...

Are you running a small or mid-sized company not using purchase orders? They may be more important than you think...


When most small businesses start out, they forego purchase orders in favor of handshake deals and informal processes. Blindly instilling trust in a seller or using an unspoken agreement with a small-time supplier or a trusted vendor is never a smart move. 

What happens if there’s ever a...