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Tag: Compliance

Contractors Guide - Which Costpoint is RIGHT for me?

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...

End-of-life software: Why ignoring Costpoint 7.1 EOL timelines… is a bad idea

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...

The 10 Key Elements of Material Management and Accounting System (MMAS) Compliance. (Part 1)

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...

Why now is the best time to make Cybersecurity and Compliance a priority

April 30, 2021

Why now is the best time to make Cybersecurity and Compliance a priority

by Colin Quinn

The Ever-Expanding Cyber Threat:

The number of cyber-attacks has significantly increased over the past year. The growth of connectivity, the COVID-19 pandemic, and increased remote work have contributed exponentially to the rise in cyber threats and attacks.

Ransom attacks, phishing schemes, spyware, malware, and criminal enterprises are becoming more sophisticated every year, searching for network...

April 10, 2020

Families First Coronavirus Response Act - Guide For Deltek Costpoint And Time & Expense

by Colin Quinn

As some of you may or may not be aware, Deltek announced some hot-fixes for Costpoint to assist customers in maintaining compliance in response to the Families First Coronavirus Response Act (H.R. 6201). Deltek will be releasing a special regulatory release, according to the below schedule, to ensure compliance with the new act.

The United States Government recently released the Family First Coronavirus Response...

March 19, 2020

Risks of Running End-of-Life (EOL) Software

by Colin Quinn

At the end of a busy day, the last thing a CIO or Controller wants to read is an end-of-life (EOL) notice from one of their software providers. Work is tough enough – with constant security threats, budget cuts, time and expense requests, planning and forecasting reports and performance deliverables to be met – without needing to go through another risk assessment for outdated software.

So, the inevitable...

May 21, 2019

10th Annual Deltek Government Contracting Industry Study (Clarity) Highlights

by Colin Quinn

What are the current trends shaping the GovCon Industry?


Last year's Deltek Clarity Government Contracting Industry Study told a story of continued growth and optimism in the Government Contracting market.

This year's report largely reaffirms that sentiment, with organizations of all sizes seeing growth in 2018 and expecting continued growth, revenue, and increased competition to continue for at least another...

June 13, 2018

9th Annual Deltek Government Contracting Industry Study (Clarity) Highlights

by Colin Quinn

What are the current trends shaping the GovCon Industry?


Last year’s Deltek Clarity Government Contracting Industry Study report exhibited a cautious optimism that the industry was climbing towards its strongest level in years. This year, that optimism has been proven in full, both profits and growth have grown exponentially and organizations now project double-digit growth into the foreseeable future.

This...

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...

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