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Tag: Costpoint

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...

Benefits of Purchase Orders & How to Create a Purchase Order in Deltek Costpoint

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...

Extend the reach of Costpoint with ODBC access to maximize interoperability

June 10, 2021

Extend the reach of Costpoint with ODBC access to maximize interoperability

by Colin Quinn

An Open Database Connectivity (ODBC) is a standard and specific application programming interface (API) that lets software connect with database management systems while remaining independent of them. This is important because it allows applications to interact with multiple databases simultaneously using Structured Query Language (SQL) to connect databases and file systems dynamically and easily.

The ODBC...

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...

What is a data warehouse, why do I need one, and what are the benefits?

April 20, 2021

What is a data warehouse, why do I need one, and what are the benefits?

by Colin Quinn

As any good builder knows, having the right tool for the job is invaluable. Just ask someone who’s used a screwdriver to assemble a certain Swedish companies’ furniture how much they would pay for a power drill.

Hint – It's everything, and the same notion holds true for working with data.

Today, companies want to dive into buzzword-heavy data projects like machine learning, artificial intelligence...

Modern FP&A, Forecasting, Budgeting, and Planning Pitfalls - Part 3: Reporting & Dashboards

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...

Modern FP&A, Forecasting, Budgeting, and Planning Pitfalls - Part 2: Buy-In & Input

February 8, 2021

Modern FP&A, Forecasting, Budgeting, and Planning Pitfalls - Part 2: Buy-In & Input

by Colin Quinn

In part one of this series, we discussed how to improve your forecasting process by embracing integration and automation. In part two we will discuss 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. 

This past Sunday Tom Brady won his seventh Super Bowl while taking the Tampa Bay Buccaneers to their second conference championship...

Our core 4 reasons why you can't afford to miss (Virtual) Deltek Insight 2020!

August 18, 2020

Our core 4 reasons why you can't afford to miss (Virtual) Deltek Insight 2020!

by Colin Quinn

With so many virtual events happening right now, virtual conferences offer a new and exciting opportunity to engage, learn, promote, and connect. Discover our core 4 reasons why you can't afford to miss year's virtual event!

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...

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