Deltek Costpoint^® for Controllers

How can we ensure that we're compliant with all financial rules and regulations, and be ready for audits from DCAA and other agencies?

Failure to comply with government regulations can result in lost current and future projects. Without these projects, companies lose revenue and may even go out of businesses, particularly if the government comprises the bulk of their business.

With Costpoint, you can be sure you're ready for audits. Costpoint helps you ensure DCAA, DFARS and SOX compliance so you keep your existing projects and continue to win new ones.

Some of the Costpoint features that help include:

• Designed out-of-the-box for GovCon compliance
• Wide Area Workflow support (WAWF-RA) & DD250s, 1034s & 1035s
• Sample reports available (Incurred Cost Submission, SOX, etc.)

Our current system can't capture complex project data and has no built-in controls to protect that data. How can I be sure our data is accurate?

Bad data creates poor information, which is the basis of bad decisions. But bidding on the right projects requires knowing which projects are profitable and why.

Built to support complex project and financial/accounting processes, Costpoint provides built-in validations and security features to accurately account for and securely protect your data. And because Costpoint helps you reduce errors by automating your manual processes, you gain confidence when you post.

Some of the Costpoint features that help include:

• Hundreds of preventative and automated controls
• WBS to capture any & all levels of project data
• Automated collection of project information (Labor, Expenses, etc.)

When we were smaller, we could work around our solution's deficiencies. Now that we've grown, the old solution just isn't practical anymore. Is there an enterprise software solution that doesn't require high customization costs to meet our needs?

Many project management, ERP, and CRM solutions are not designed to handle the needs of project-driven organizations. As a result, most project-based companies have been forced to custom-build or heavily modify packaged applications.

Costpoint, however, is designed specifically for project-driven organizations and gives you a complete view of everything related to your business--from a project perspective and down to the most minute detail. This enables you to analyze profitability and job performance by project. And, because Costpoint requires minimal customization, it allows for faster implementation.

Some of the Costpoint features that help include:

• Projects are core, not an add-on module
• Unlimited burden types and cost pools
• Automates complex processes including billing, revenue recognition, etc.

How can I save time and increase accuracy when creating project and corporate reports? Is there a way to automate the process so I don't have to waste time collecting the information manually?

Companies that use business performance management software are more likely to take timely corrective action when problems arise in a project. They do so by using data that is readily available, without manual manipulation or scrubbing.

With Costpoint BPM, you can easily create attractive reports for external and internal customers without IT intervention. You can report on project lifecycle from start to finish.

Some of the Costpoint features that help include:

• Pre-built reports (PSRs, utilization, Incurred Cost Submission, etc.)
• Business layer makes ad hoc reporting easy for nontechnical staff
• Collects data across entire organization (Fin, Proj, HR)