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Tag: Finance

August 22, 2017

Top 3 Reasons Why You Can't Afford to Miss Deltek Insight 2017

by Colin Quinn

Deltek Insight is the largest global conference for project focused professionals. Kinetek is a proud Platinum sponsor of Deltek Insight 2017 in Nashville TN. Join us October 23rd - 26th for three days of peer networking, incredible sessions, and exciting entertainment.

Check out our top three reasons why can't afford to miss this year's conference:

1. Networking with Industry Experts
Don't miss out on...

June 12, 2017

8th Annual Deltek Government Contracting Industry Study (Clarity) Highlights

by Colin Quinn

What is the status of the GovCon Industry?


From 634 responses across more than 100 questions, the 8th Annual Deltek Clarity Government Contracting Industry Study continues to expand our understanding of long-term trends. This year we found:


Investments in business development paid off with a win rate rise of 2.6 points
Project managers struggled to accurately forecast project costs
Lack of internal KPI's...

January 30, 2017

Why are Budgeting and Forecasting Important to Your Business?

by Colin Quinn

Budgeting and forecasting are the two single most important undertakings you can do for your business. They are also two of the least popular jobs people rarely look forward to starting. Taking the time to make an workable budget and to accurately forecast can mean the difference between failure and success for your business.

When done poorly, budgets and forecasts not only become futile, but they also...

November 18, 2016

Deltek Insight 2016 - Top 5 Takeaways

by Colin Quinn

Each year, Insight gets bigger and better – with new content, more hands-on time with product and industry experts, unmatched networking opportunities and unique experiences and 2016 was no exception.

Sadly, Insight 2016 has come to an end - If your anything like us your rummaging through your stack of business cards, trying to get Sugar Ray and LoCash songs out of your head, and trying to figure out...

October 13, 2016

Major TM1 Servers Outages to Begin in November 2016

by Colin Quinn

On November 24, 2016 your TM1 and Cognos Express servers will become inaccessible to your users!



Why is this happening?
The SSL (Secure Sockets Layer) Certificate bundled with IBM TM1 and Cognos Express expire on November 24, 2016. This certificate is used to encrypt communication between clients and the TM1 server.

IBM’s Urgent Message to all on premise Cognos TM1 and Cognos Express Customers...

February 8, 2016

Beer Brewer Quenches Thirst with IBM's Predictive Analytics

by Colin Quinn

Here's how 172-year-old beer maker Pabst is using IBM's predictive analytics to reinvent itself..


We've all had a "PBR" at some point, the Pabst Brewing Company which has been around since 1844 has brewed several popular beer brands, but none more notable then Pabst Blue Ribbon.

The 172-year-old beer brewer may have started selling beer in the 19th century, but it hasn't remained trapped in the past...

June 16, 2015

5 Critical Business Forecasting Tips

by Colin Quinn

Forecasting is crucial to any business, especially in an uncertain economy. So here's some expert tips on doing it right - accurately & effectively.


1. Don't ignore it
Forecasting can easily become something you put-off, or not even do at all. In an unstable economic environment, it may seem easier to just keep floating along, but that takes up a lot of energy.

However, it is critical to know...

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...

December 2, 2014

Rolling Forecasts: Replacing the Annual Budget

by Colin Quinn

Long gone are the days when annual budget steered business decisions, with only predictable, minimal changes. With increasing competition and a volatile economic environment, companies need a better way to predict the future. As a result, new forecasting techniques have emerged to help anticipate changes and drive better informed strategic decisions.

Traditional forecasts take a structured approach to...

September 6, 2014

Top 3 Reasons to Upgrade to Costpoint 7 Today

by Colin Quinn

By now you have hopefully realized that Deltek no longer offers support for Costpoint 6 and GCS. Now is the time to upgrade to Costpoint 7 - take the already strong capabilities of Costpoint to a whole new level. As a Deltek Partner, having performed more implementations, conversions, and upgrades then any other business partner, Kinetek is poised to make your upgrade a success!

Our top 3 reasons you should...

May 22, 2014

Transform your Budgeting and Financial Planning Process

by Colin Quinn

For most organizations, the annual budget process is a painful, distracting, on-going exercise in futility that consumes a tremendous amount of resources and time, then quickly becomes so outdated that it is often deemed irrelevant for management purposes. The traditional budgeting process generates numerous issues and challenges that impair organization’s planning, forecasting, and performance management...

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