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As the calendar turns, a new year full of opportunities awaits. But for accounting professionals, the excitement often comes with a familiar challenge: the year-end close. This critical process, with its complex reconciliations, stringent reporting requirements, and ever-present compliance needs, can feel overwhelming.

Fear not. With the right tools, guidance, and a proactive approach, you can turn year-end...

The Top 5 Reasons to Attend Deltek ProjectCon 2024


Deltek ProjectCon 2024, November 12-14, at the Gaylord National Harbor, MD is the premier conference for project-based businesses, is right around the corner, and it promises to be an event that delivers exceptional value to professionals across industries. Whether you’re a seasoned project manager, a financial analyst, or an IT leader, Deltek ProjectCon...

Learn how Deltek Costpoint and IBM Cognos Analytics can transform your Month-End Close Process. From addressing warning signs to promoting efficiency, optimize your financial operations.

In the world of government contracting, compliance isn't just a goal; it's an imperative. Whether you're navigating the intricate requirements of the Federal Acquisitions Regulation (FAR), Defense Federal Acquisitions Regulation Supplement (DFARS), Defense Contract Management Agency (DCMA), Contractor Purchasing System Review (CPSR), Material Management and Accounting System (MMAS), or Property...

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?

In part three, the final post of this series, we will complete our conversation with the final four MMAS Standards of the Key Elements of Material Management and Accounting System Compliance Audits. We will highlight how to maintain consistent, accurate, and adequate controls to ensure your project manufacturing business can remain compliant. We will focus on Material Costing and Borrow Paybacks, Inventory Allocation for Common Inventory and Commingled Inventory, Compliance and the Consequences of Non-Compliance.

In part one of our blog series "The 10 Key Elements of Material Management and Accounting System (MMAS) Compliance." we covered the first three MMAS standards and discussed 'sparking' the imaginative curiosity of the next generation of manufacturers - by showcasing the reality of modern manufacturing compliance.

In part two of this series, we will continue our discussion of the next three MMAS Standards...