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.
Tag: Accounting

January 9, 2023
Why Deltek Costpoint is the Best Accounting Software for Small to Medium-Sized Government Contractors
by Colin Quinn

October 20, 2022
Top 6 Reasons Not to Miss This Conference
by Colin Quinn
What might make you decide to register and attend Deltek ProjectCon?

September 16, 2022
The 10 Key Elements of Material Management and Accounting System (MMAS) Compliance. (Part 3)
by Colin Quinn
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.

May 2, 2022
The 10 Key Elements of Material Management and Accounting System (MMAS) Compliance. (Part 2)
by Colin Quinn
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...

March 14, 2022
Top 5 Benefits of Approval Workflow Automation in Deltek Costpoint
by Colin Quinn
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...

February 15, 2022
Contractors Guide - Which Costpoint is RIGHT for me?
by Colin Quinn
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...

January 26, 2022
End-of-life software: Why ignoring Costpoint 7.1 EOL timelines… is a bad idea
by Colin Quinn
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...

October 15, 2021
Three Must-See Sessions at This Year’s DHG GovCon Conference
by Colin Quinn
If you are not already planning to attend DHG’s 26th Annual Government Contracting Conference, this sneak peek of the Three Most Popular Sessions might just convince you to join...

October 1, 2021
The 10 Key Elements of Material Management and Accounting System (MMAS) Compliance. (Part 1)
by Colin Quinn
National Manufacturing Day, held annually on the first Friday in October, is celebrated to 'spark' the imaginative curiosity of the next generation of manufacturers - by showcasing the reality of modern manufacturing. Together companies and leaders collaborate to educate and inspire the next generation of manufacturers by demonstrating the importance of manufacturing.
As a leading consulting and...

August 16, 2021
Benefits of Purchase Orders & How to Create a Purchase Order in Deltek Costpoint
by Colin Quinn
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...

March 8, 2021
Modern FP&A, Forecasting, Budgeting, and Planning Pitfalls - Part 3: Reporting & Dashboards
by Colin Quinn
In part two of this series, we discussed how to plan like a champion and avoid a lack of buy-in and input from owners and how to sustain it in your forecasting process. In part three we will cover how embracing continuous planning, reporting, and dashboards can improve the efficiency of your planning process while minimizing errors, and increasing the accuracy of your forecasts.
In a recent report from Radius...

October 2, 2020
Learn How to Modernize Your Manufacturing Operations with Deltek Costpoint
by Colin Quinn
Government Contractors look to Kinetek to improve their manufacturing processes, so let’s dive into some of the tools (and experts) we utilize to make it happen...