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...
Tag: GovCon
January 25, 2019
(Myth-busting) 3 Common Accounting Myths in Manufacturing
by Colin Quinn
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 -...
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...
March 19, 2018
Why now is the best time for Manufacturers to upgrade to Deltek Costpoint
by Colin Quinn
There are many reasons to upgrade from GCS to Costpoint but for manufacturers, the benefits gained by migrating systems remains unparalleled.
GCS Premier does not support manufacturing, not even the basics. Most GCS users are forced to use an outside manual solution to address there manufacturing needs. However, in GCS you can order and stock inventory, but the functionality of the bill of materials is not nearly...
February 20, 2018
IBM Cognos Analytics Builds Upon Core Strengths
by Colin Quinn
IBM Cognos Analytics provides unsurpassed security and governance at every level, including data and reports, the dashboards, as well as the information that is distributed on a daily or weekly basis. Even though IBM Cognos Analytics opens doors to a breadth of company data, tight controls are in place that can govern who has access to what. For any number of reasons, departments throughout the enterprise might...
November 15, 2017
How to Create a Basic Report in IBM Cognos Analytics
by Colin Quinn
Creating a report
When you create a report, you are actually creating a report specification. The report specification defines the queries and prompts that are used to retrieve data and the layouts and styles used to present the data. For simplicity, the report specification is named by the same name as the report.
This post will cover the basics of creating, validating, and running IBM Cognos Analytics...
October 17, 2017
The insider's guide to attending Deltek Insight
by Colin Quinn
To gain a competitive career edge, it’s important to make learning an ongoing part of your professional development. Conferences are short and practical opportunities to learn new information, gain knowledge, and make valuable contacts.
Yet, attending a conference can be an intimidating experience, particularly the first time. If you’re planning on taking a day or more out of the office to attend a Deltek...
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...
May 25, 2017
Why now is the best time to migrate to Deltek Costpoint – Part 3 Manufacturing
by Colin Quinn
In our second installment of our three-part series on “Why now is the best time to migrate to Deltek Costpoint,” we discussed the technology behind GCS Premier and the greater reporting and customization offered by switching to Costpoint.
Previous Post: Why now is the best time to migrate to Deltek Costpoint – Part 2 Insight
Now, we will discuss our final benefit gained by switching from GCS to...
May 17, 2017
Why now is the best time to migrate to Deltek Costpoint – Part 2 Insight
by Colin Quinn
In our first installment of our three-part series on "Why now is the best time to migrate to Deltek Costpoint" we discussed GCS support and what it means for your business.
Previous Post: Why now is the best time to migrate to Deltek Costpoint – Part 1 Support
Now we will discuss another area of concern we've heard from our growing customers - insight. No, not the annual Deltek conference, but the...