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Project Accounting Software for Government Contractors
Lower risk, and get the accounting controls and DCAA compliance support that government contractors need.
Demo Video
DCAA Compliant Accounting Software
Thousands of federal contractors trust Costpoint’s innovative project accounting solution to provide compliance support and real-time intelligence, which enables them to make better financial decisions and empower company performance. Costpoint ties every transaction—from journal entries, timecards and purchase orders—to a project and offers the ultimate in cost accounting and project controls. Gain agility and scalability to maximize profitability with this fully integrated ERP solution.
Request a DemoBenefits
Innovative Architecture
Automatically tie every transaction to a project for the ultimate in cost control and improve collaboration with full integration.
Powerful Financial Analysis
Easily monitor financial performance at any project level to make data-driven decisions faster.
Always Audit Ready
Save up to 80% of time on audits and gain compliance support for FAR/DFARS, CAS, DCAA and more.
Features
ERP Software for Government Contractors
- Multi-currency and multi-company capabilities for large enterprise organizations
- Built-in compliance support and configurable security levels throughout the system
- Cross-functional integration in a company-wide system, providing one version of data across your company
Simplify Management of Indirect Rates
- Numerous indirect cost allocation methodologies with easy navigation between direct and indirect charges
- Services organizations can manage direct and indirect hours and rates within one company or multiple companies
- Hundreds of canned reports including schedules to help reduce time spent preparing for and conducting audits
Accounting Process Automation
- Flexible approval workflows to set thresholds, catch invoicing errors more quickly and automate approvals
- Help users simplify and speed through close and other processes with a hyperlinked navigation banner
- Out-of-the-box compliance capabilities reduce your TCO and breakdown complexity for a better user experience
DCAA Compliant Accounting Software
- Leverage extensive business intelligence throughout the entire project lifecycle
- Analyze spending with complete visibility down to the lowest level of work breakdown structures
- Produce more trustworthy analysis and reports, make more confident forecasts and have easy to follow audit trails
Better Financial Analysis & Reporting
- See and analyze data at every organizational level with the integration of account, organization and project data
- Achieve new levels of project and cost intelligence and make more confident forecasts, with real-time data
- Access industry-specific reports, automated audit trails and more levels of flexibility like user-defined fields
Get Paid Faster and Improve Cash Flow
- Incurred cost reports, compliant forms for billings and timekeeping systems that meet all government regulations
- Lower your risk during an audit and parse cost & allocations down to the transaction level
- Improve DSO, DPO and reduce burden on AR by allowing vendors to self-answer invoice and PO status questions