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End of Life Software: Why Ignoring Deltek Costpoint 8.0 EOL Timelines is a Bad Idea

May 1, 2023

End of Life Software: Why Ignoring Deltek Costpoint 8.0 EOL Timelines is a Bad Idea

by Colin Quinn

Upgrading to the latest version of Costpoint, specifically Costpoint 8.1, is crucial to avoid several risks such as missing out on new features, potential security vulnerabilities, and the lack of technical support. Don't ignore the EOL timelines, as it can put your business at risk. In this blog post, we will discuss the risks and dangers of ignoring EOL timelines for Costpoint 8.0 and why upgrading is necessary to ensure business continuity.

The Importance of Data Analytics in Deltek Costpoint for Informed Decision Making

March 23, 2023

The Importance of Data Analytics in Deltek Costpoint for Informed Decision Making

by Colin Quinn

Discover the power of data analytics in Deltek Costpoint for government contractors and project-driven businesses. Learn how improved visibility, better resource allocation, and increased compliance and risk management can help you make informed decisions that positively impact your bottom line. With Deltek Costpoint's real-time data access, centralized data management, customizable reporting, and predictive resource planning capabilities, you can optimize your operations and stay ahead of the competition. Read on to learn how to achieve audit readiness and compliance reporting with Deltek Costpoint.

Upgrade Your Deltek Costpoint Software: A Proven 9 Step Methodology for a Smooth and Successful Process

February 24, 2023

Upgrade Your Deltek Costpoint Software: A Proven 9 Step Methodology for a Smooth and Successful Process

by Colin Quinn

Your organization has been using Deltek Costpoint for several years now, and it's time for an upgrade. Upgrading your enterprise resource planning (ERP) software is a significant undertaking, akin to updating a house you've lived in for over 20 years. Over the years, your organization has likely accumulated a significant amount of data and processes that may need to be reorganized to work with the...

Why Deltek Costpoint is the Best Accounting Software for Small to Medium-Sized Government Contractors

January 9, 2023

Why Deltek Costpoint is the Best Accounting Software for Small to Medium-Sized Government Contractors

by Colin Quinn

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.

Understanding the impact of Cognos Analytics with Watson

December 1, 2022

Understanding the impact of Cognos Analytics with Watson

by IBM Community Post

Organizations across industries collect and consume more data than ever before due to digital transformation. However, data management continues to be a key challenge: Discover how IBM Cognos Analytics with Watson can help translate your data into meaningful insights.

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.

Deltek Costpoint 8.1 is Here! What’s New and Coming Soon in Costpoint 8.2?

July 7, 2022

Deltek Costpoint 8.1 is Here! What’s New and Coming Soon in Costpoint 8.2?

by Colin Quinn

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.

Exploring the 13th Annual Deltek Clarity Government Contracting Report

June 6, 2022

Exploring the 13th Annual Deltek Clarity Government Contracting Report

by Colin Quinn

Deltek announced the release of the 13th Annual Deltek Clarity Government Contracting Industry Study last week, it aims to identify and share the current trends and market outlooks in the government contracting (GovCon) landscape for 2022 and beyond.

After collecting survey responses from over 650 members of the GovCon community, Deltek has revealed their findings to help contractors address the biggest...

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...

Top 5 Benefits of Approval Workflow Automation in Deltek Costpoint

March 14, 2022

Top 5 Benefits of Approval Workflow Automation in Deltek Costpoint

by Colin Quinn

Sales transactions and information are dependent upon approvals. Deltek Costpoint WorkFlow can automate the approval process to increase the productivity of business units, improve the quality of work, whilst expediting and streamlining operations.

Speed and timing are of the utmost importance in sales. From identifying opportunities, arranging demos, generating quotes, and completing follow-ups, there are...

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