Deltek Costpoint^® Features

• Easily create project billings in compliance with your contract terms without manual intervention through Costpoint's powerful and unique billing application
• Flexible solution enables you to determine how each project will be billed (i.e. Cost Plus or Time and Materials), contract billing ceilings, provisional billing rates, and timing of billing preparation based on the needs of your company
• Be compliant with government directives with Costpoint's support for all of the standard and required forms, such as 1034's, 1035's, and DD250's

• Analyze profitability at any level of the project with numerous built-in Project Status Reports that detail any level of your project
• Mitigate project risks, such as running over budget, by tracking and reporting on both posted and committed costs

• Accelerate invoice processing and improve days sales outstanding (DSO) through electronic billing since acceptance, approval, and payment occur faster than a paper-based system
• Ensure compliance with Department of Defense (DoD) directives for utilizing the WAWF system

• Improve SOX, DCAA, and DFARS compliance by capturing all database activity
• Get advanced security that detects and resolves security policy violations at the database level
• Reduce the resource burden on IT department by automating data security and compliance processes

• Enhance the security of company information through superior fraud detection
• Improve data accuracy since innocent errors can be quickly identified and corrected

• Completely integrated project data since Costpoint captures and allocates project and business transactions along all three of the data dimensions critical to project businesses

• Define business rules, such as revenue calculation and labor and non-labor cost charging, at any level of the project
• Maintain visibility into project results at all levels of the organization

• Model what-if scenarios for complex pool structures as your company anticipates growth and changing business processes
• Easily maintain and allocate an unlimited number of inter-related cost pools and with a simple "click" you've automatically allocated your indirect costs

• Automatically and accurately calculate project revenue by selecting from robust pre-defined formulas in compliance with your contract terms and GAAP
• Ensure accurate revenue calculation by pre-defining unallowable costs and ceilings on labor, other direct costs and indirect costs

• Maintain an unlimited number of companies, each with a different base currency, all in one database
• Easily replicate your business rules for new business units and companies as your organization grows

Flexible templates & sample reports

• Incurred cost submission reports available
• 181 SOX control screens included

What-if cash forecasting

• Set up an unlimited number of "what-if" scenarios including timesheets, journal entries, purchase orders, vouchers, and A/R balances entered in Costpoint
• Cash forecast scenarios can be printed directly from Costpoint or exported to Microsoft Excel
• Improved decision making through more accurate cash forecasting
• Improved return on liquid assets through more effective use of cash
• Faster cash forecasting with less effort involved

Preventative & Automated controls

• Detect & resolve security policy violations
• Ensure the accuracy of your company’s critical financial data
• Built-in validations help ensure that only the right information is allocated to the right place

Collects data across the entire organization

• Obtain a complete view of everything project and business-related by pulling data from various sources including projects, financials, human resources, operations and more
• Align day-to-day operations with overall strategy by comparing forecasts with actual results