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Government contractors have specific accounting needs. The complex, stringent, and regularly changing requirements and regulations of Government agencies creates many accounting and financial challenges for small and mid-sized contractors.

There are 6 demanding accounting challenges Government Contractors face. We will share those mistakes below:

1. Not comprehending government rules/requirements...

Long gone are the days when annual budget steered business decisions, with only predictable, minimal changes. With increasing competition and a volatile economic environment, companies need a better way to predict the future. As a result, new forecasting techniques have emerged to help anticipate changes and drive better informed strategic decisions.

Traditional forecasts take a structured approach to...

In todays world with the internet of things, you can easily see big data in play when a tailored ad pops up on your Facebook page or a product "you may like" appears on your Amazon page. But how does this transformative technology operate in the GovCon world?

“The rise of big data analytics technology has allowed government agencies to analyze the outcomes of their programs, tighten the efficiency of their...

There is a clear overlap between business intelligence and predictive analytics, I view BI as an affiliate of PA as they share so much in common: they use the same data, often use similar metrics and even sometimes utilize the same tools.

Business intelligence is the world of descriptive analytics: reflective analysis that provides a clear view into the business—reporting on what has happened and what...

By now you have hopefully realized that Deltek no longer offers support for Costpoint 6 and GCS. Now is the time to upgrade to Costpoint 7 - take the already strong capabilities of Costpoint to a whole new level. As a Deltek Partner, having performed more implementations, conversions, and upgrades then any other business partner, Kinetek is poised to make your upgrade a success!

Our top 3 reasons you should...

Enterprise Resource Planning (ERP) for too many companies, is just the business management software running in the background. However, for innovative, forward-thinking companies its at the core of your business; you have recognized ERP’s true potential to significantly transform your business processes, add exponential value, and improve your bottom line.

Top five reasons why you should care about your...

Kinetek's comprehensive portfolio of support services is designed to help you resolve problems more quickly—or even prevent problems before they occur. Whether you want to upgrade your service or extend your technical support coverage, we offer highly skilled technicians who can provide remote or onsite support with a single point of contact.

Protect and extend the life of your software investment with...

Kinetek Manufacturing Performance Analytics (KMPA) extends Kineteks' enterprise management platform to provide actionable, role-based insight to help manufacturing and other organization members see cost-saving opportunities early and often.
A key component to controlling costs in production is evaluating costs before ever reaching production. And yet, lacking the insight needed throughout an organization...

Performance and control are two of the most crucial aspects of company management. Today's business world forces managers to pay attention to every detail. Problems begin with collecting and analyzing data, the raw data can often be difficult for any management professional to understand.. - especially if everything else is on that one persons shoulders.

What to do then? Is it even possible to manage the...

For most organizations, the annual budget process is a painful, distracting, on-going exercise in futility that consumes a tremendous amount of resources and time, then quickly becomes so outdated that it is often deemed irrelevant for management purposes. The traditional budgeting process generates numerous issues and challenges that impair organization’s planning, forecasting, and performance management...

Everyone loves Microsoft Excel, myself included. Today, Excel has over 300 million users and is continuing to grow, it has evolved into the common language of business. It’s versatile, powerful, inexpensive, and easy to use. It makes perfect sense why it’s a popular choice with mid-market organizations for business intelligence right? WRONG. As a BI tool, Excel is sorely lacking. Here’s a list of what we...

The cloud is the "next wave" of computing, it is hard to ignore even for manufacturing companies, who are continually wondering if a cloud solution is right for them. What benefits will the cloud provide to your manufacturing business? Here is how a cloud-based enterprise resource planning (ERP) can handle your manufacturing concerns..



What is an Enterprise Resource Planning solution?

Enterprise resource...