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Tag: Government Contracting

The 10 Key Elements of Material Management and Accounting System (MMAS) Compliance. (Part 3)

September 16, 2022

The 10 Key Elements of Material Management and Accounting System (MMAS) Compliance. (Part 3)

by Colin Quinn

In part three, the final post of this series, we will complete our conversation with the final four MMAS Standards of the Key Elements of Material Management and Accounting System Compliance Audits. We will highlight how to maintain consistent, accurate, and adequate controls to ensure your project manufacturing business can remain compliant. We will focus on Material Costing and Borrow Paybacks, Inventory Allocation for Common Inventory and Commingled Inventory, Compliance and the Consequences of Non-Compliance.

The 10 Key Elements of Material Management and Accounting System (MMAS) Compliance. (Part 2)

May 2, 2022

The 10 Key Elements of Material Management and Accounting System (MMAS) Compliance. (Part 2)

by Colin Quinn

In part one of our blog series "The 10 Key Elements of Material Management and Accounting System (MMAS) Compliance." we covered the first three MMAS standards and discussed 'sparking' the imaginative curiosity of the next generation of manufacturers - by showcasing the reality of modern manufacturing compliance.

In part two of this series, we will continue our discussion of the next three MMAS Standards...

Unique Entity Identifier (UEI) to replace Dun and Bradstreet (DUNS) Number

April 5, 2022

Unique Entity Identifier (UEI) to replace Dun and Bradstreet (DUNS) Number

by Colin Quinn

On April 4th, the General Services Administration (GSA) will complete a major technology modernization project that began back in 2012 – The federal government will be replacing the Dun and Bradstreet numbers (DUNS) number with a new Unique Entity Identifier (UEI) known as the Unique Entity ID. Continue reading to learn what that means for your small business, and what you need to do now...

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...

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...

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...

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