Reminder: Deltek Costpoint 7.0.1 and Budgeting and Planning 6.1 will be entering Sustaining Support on July 1st, 2020. Additionally, Time and Expense 9.0.1 will enter Sustaining Support on January 1st, 2021. Now, it is the best time to upgrade your system to the latest version of Costpoint and Time & Expense to avoid going unsupported. For more information on this topic, or to learn how Kinetek Consulting experts can help, contact our team.
Maximize your standard business operations and meet your company's most complex requirements.
Kinetek is a Deltek partner providing best-in-class consulting services that range from implementing your new accounting system to upgrading/reconfiguring your existing system. Our system consultants not only have decades of real-world experience with Deltek solutions, but they also have worked as controllers or accounting managers for both Deltek and the Government Contracting industry and understand your unique needs.
If you are in the market for a new project management/accounting system, our consultants can help you through the entire implementation process, including selection, purchase, installation, implementation, design, data conversion, testing, and training. We are recognized as the GovCon Experts in the following systems.
- Deltek Costpoint
Costpoint is the most advanced accounting system and the industry-leading enterprise software solution for government contractors and other project-driven organizations. It handles not only your accounting and job costing needs but also has full human resources and material management capabilities. Costpoint offers full ERP capabilities without the need for customization, making this system an ideal selection for medium to large contractors.
- Upgrading to Costpoint 7
Now that support for Costpoint 6 has ended, it is imperative to upgrade to Costpoint 7. In addition to maintenance and support continuation, users can take advantage of new functionality such as a more intuitive web-based user interface, better interoperability with Excel, new preprocessors (fixed asset, vendor master, cash receipts), better job processing, improved security options (including a segregation of duties module), single sign-on authentication, Sharepoint/content management integration, document storage capabilities, customizable labels and fields, and improved reporting capabilities (converting reports to Excel, PDF, HTML, or RTF directly from Costpoint).
- Upgrading from GCS Premier to Costpoint
As your business continues to grow, so do your needs. That is why now is the best time to consider a conversion from GCS Premier to Costpoint.
If faced with rapid growth, subsidiary consolidation, complex rate structures, or multi-company/location accounting requirements, it may be time to upgrade to Deltek's enterprise financial system, Costpoint. Our unparalleled Costpoint implementation and design process ensures maximum flexibility to meet the needs of your organization.
- Deltek Time & Expense
Helps organizations automate the collection, validation, approval, and processing of labor and expense. Deltek Time & Expense integrates seamlessly with Costpoint and GCS Premier to move approved timesheets and expense reports directly into your accounting system.
- Costpoint Material Management
With over 30 years of experience, we can offer solutions that offer organizations the optimal and transparent solution to run your operation from order to cash. Kinetek offers manufacturing and job cost solutions and is recognized as the leader in providing project manufacturing solutions for government contractors.
- Deltek EVMS (Cobra)
Cost and earned value management systems made easy with Cobra - Better manage project performance and oversight, control your project costs and easily report on earned value requirements.
In addition to implementing new Deltek Systems, Kinetek's Deltek Consulting specialists can provide additional services, including:
- Cognos Report Writing
Cognos Analytics, Impromptu, and Deltek Cost Enterprise Reporting (CER) become an expert at getting critical data out of your accounting system with custom reports written exclusively for your organization. Custom reporting allows for more proactive data modeling, improved efficiency, time management, and less dependence on Excel as the primary tool for managing large data sets. Additionally, we offer our own "pre-canned" reports, written exclusively for Costpoint and Government Contractors to gain the most from their system with zero downtime. Learn more about KPM.
- Planning and Forecasting Capabilities
Cognos Planning Analytics (TM1) purpose-built to seamlessly integrate with all Deltek systems, regarded as the market standard for government contractors. Easily leverage your key data from Deltek Costpoint, including actual costs, revenue, indirect rate applications, employee attributes, and project attributes. Learn more about K4Cast.
- System Reconfigurations
Kinetek's staff has been working with organizations to tweak, augment, and flat-out redesign their Deltek® solutions for years. We can get your organization where you need to be in a fraction of the time (and cost) it would take to install a new solution.
- Implementation of New Modules or System Capabilities
Expand the use of your existing system to gain new functionality and reduce manual efforts outside of your financial system in less-used modules such as purchasing, fixed assets, human resources, and budgeting. By maximizing the use of your financial system, you retain it as the sole system of record, crucial for audit trails and flexible reporting entity-wide.
New software functionality, process flow, and redesign can all impact your current procedures and/or require additional training to handle these changes. By developing a sound training and action plan and executing according to our high standards, your organization can be comfortable that critical areas are staffed with knowledgeable employees that have proper procedures that can be relied on for internal training of new staff.
- System Reviews (Health Check)
Business processes evolve, companies change, and employee turnover occurs while enhancements have been made to your Costpoint functionality. Over time, people accept the “status quo” even if the processes are less than efficient. Our Costpoint “Health Check” brings in an experienced professional to examine your database, talk to your users, and provide recommendations for maximizing your system.