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As the calendar turns, a new year full of opportunities awaits. But for accounting professionals, the excitement often comes with a familiar challenge: the year-end close. This critical process, with its complex reconciliations, stringent reporting requirements, and ever-present compliance needs, can feel overwhelming.

Fear not. With the right tools, guidance, and a proactive approach, you can turn year-end...

Learn how Deltek Costpoint and IBM Cognos Analytics can transform your Month-End Close Process. From addressing warning signs to promoting efficiency, optimize your financial operations.

Are you a small to medium-sized government contractor looking for the best financial management software? Look no further than Deltek Costpoint! With its extensive project management capabilities, complex billing support, powerful reporting and analysis tools, integration with other software, and focus on security and compliance, it's the perfect choice for contractors in the government industry. Plus, its comprehensive audit trail and audit preparation features make it easy to prepare for audits and provide the necessary documentation. Don't settle for less - choose Deltek Costpoint to streamline your operations and succeed in your government contracting business.

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.

Kinetek Consulting is here to support your transition to Deltek Costpoint 8.1. We understand that the needs of no two clients are the same, but the information present in this blog is intended to help guide you on how to manage and plan your Costpoint environment upgrade whether you are converting from Costpoint 7.1.1 or Costpoint 8.0. If you are ready to start your Costpoint upgrade, contact our Costpoint subject matter experts now to discuss your project needs.

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...

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...

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...

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...

Do you know the trends that are currently shaping the Government Contracting space in 2020 and beyond? No worries, every year Deltek surveys industry leaders within the government contracting space, asking for a review of their business performance, goals, and challenges from the previous year. Next, Deltek reviews all the data collected and creates a comprehensive report. The Clarity report is the ultimate tool...

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...

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...