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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.

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.

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...

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.

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.

What might make you decide to register and attend Deltek ProjectCon?

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.

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...

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...

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...

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...