Deltek Costpoint® for Accounting
Project businesses have complex and unique processes for project and financial accounting such as billing, revenue recognition, expense management and compliance. Deltek Costpoint can help you address these accounting challenges.
- Planning &
Budgeting - Profitability &
Performance - Cash Flow
- Compliance &
Governance
Do you need to improve, streamline and standardize your planning and budgeting process?
Research indicates that nearly 73% of CFOs rely primarily on spreadsheets and manual processes to meet their planning and budgeting needs.
Costpoint & Enterprise Planner work together to increase accuracy and timeliness of budgets and forecasts at both the project and corporate level, eliminating spreadsheet chaos. Not only can this cut planning time in half, it can improve decision making and forecasting, and is a more adaptable solution as business needs change.
Some of the Costpoint features that help include:
Do you need timely and accurate access to project and corporate performance to monitor and maintain your company's profitability?
If yours is like most companies, you have lots of data, but not much actionable information.
Costpoint helps you analyze profitability and performance at any level of a project. Information can even be rolled up to the corporate level — allowing you to measure past and present performance, align day-to-day operations with strategy and know about issues before they become problems.
Some of the Costpoint features that help include:
How can we improve cash flow in a business where “cash is king” and interest expenses incurred are unallowable and can't be passed on to the government?
Days Sales Outstanding (DSO) equals lost opportunity — money that cannot be used for other things, such as capital improvements, buying inventory or acquiring another company.
Costpoint can help reduce your DSO through built-in validations and a highly integrated design — stopping invalid charges before they appear on an invoice. Reducing DSO also helps you get paid faster and improves your invoice accuracy.
Some of the Costpoint features that help include:
How can I make sure my organization is compliant with the growing list of corporate governance requirements, such as DCAA, DFARS and SOX?
Failure to comply with government regulations can result in lost current and future projects. Non-compliance can also have a significant impact for your organization's executives.
Costpoint helps ensure your organization is compliant — be it for DCAA, SOX, etc. through unequalled accounting and tracking that make regulatory compliance easy. Costpoint also helps you get ready for planned and unexpected audits, enhances the security of your data and prevents fraud.
Some of the Costpoint features that help include:
For more information about Deltek products, contacts us at:
- 800.456.2009 – US
- +44 (0)20 7518 5010 – UK
- +61 8 8150 5500 – AU
- Request Information
- contactus@deltek.com
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