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...
Tag: Deltek
August 16, 2021
Benefits of Purchase Orders & How to Create a Purchase Order in Deltek Costpoint
by Colin Quinn
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...
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...
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...
February 25, 2020
5 Benefits of Planning Analytics for Government Contractors
by Colin Quinn
When it comes to planning and analytics, don’t compromise. Kinetek4Cast in-conjunction with IBM Planning Analytics Express goes beyond simply automating your planning, budgeting, and forecasting processes. It provides self-service analytics to all of your business users through an innovative planning workspace that empowers business users to seek better business results. Deliver insights automatically from your...
October 15, 2019
5 things to know (and do) before you get to Deltek Insight 2019
by Colin Quinn
When was the last time you attended a workshop, conference, or symposium in your current field? All offer an opportunity to gain a competitive edge, by continuing your ongoing learning and professional development, but attending a conference like Deltek Insight provides you with the unique opportunity to learn new information, gain additional knowledge, and make invaluable contacts.
Yet, attending a...
September 19, 2019
Our Top 3 (Maybe 4) Reasons Why You Can’t Afford to Miss Deltek Insight 2019
by Colin Quinn
Deltek Insight is less than two months away, and it’s time to start making your final agenda and plans! Insight is the largest global conference for project-focused professionals and Kinetek is once again a proud Platinum sponsor of Deltek Insight 2019 in Orlando, FL.
Register for Deltek Insight 2019 and save $100 off of your registration using promo code KINDISCOUNT. Available for the first 15 users only...
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...
January 25, 2019
(Myth-busting) 3 Common Accounting Myths in Manufacturing
by Colin Quinn
What if I told you that everything you learned in school was wrong.. Ok, not everything but most things as it relates to accounting in manufacturing. Let's dive into the three most common myths people have about accounting in manufacturing - myths that, often throw your business off balance and create major problems.
Inventory is an asset
Direct labor is consistent
Making (or Buying) more...
September 12, 2018
Deltek Insight - 5 Things To Know Before You Go
by Colin Quinn
To gain a competitive edge, it’s important to make learning and development an ongoing part of your professional development. Attending a conference like Deltek Insight provides a short and practical opportunity to learn new information, gain additional knowledge, and make valuable contacts.
Yet, attending a conference can be a costly and time-consuming experience. If you are planning on taking a day or more...
August 29, 2018
Top 3 Reasons Why You Can’t Afford to Miss Deltek Insight 2018
by Colin Quinn
Deltek Insight is the largest global conference for project-focused professionals. Kinetek is a proud Platinum sponsor of Deltek Insight 2018 in Dallas, TX. Join us November 5th – 8th for three days of peer networking, incredible sessions, and exciting entertainment.
Register for Deltek Insight 2018 and save $100 off of your registration using promo code KINETEK. Available for the first 15 users only -...