Costpoint: The Industry-Leading Solution for Government Contractors
Offering intelligence and innovation across the entire project lifecycle.
WHAT’S NEW WITH COSTPOINT
Flexibility and innovation are keys to success. Released in the fall of 2020, Costpoint 8 incorporates cutting-edge technologies like real-time intelligent reporting, Smart AI capabilities, a mobile app with ICR and one integrated source-to-pay system. And all of these features are part of a secure financial and compliance framework that’s trusted by government contractors of all sizes and built to grow with your business.
Built on 30+ years of experience, Costpoint is the industry’s leading solution that delivers more innovation and greater intelligence through an all-in-one system across the project lifecycle for government contractors. Centralizing the management of your projects, people and finances, it can scale for firms of any size. Costpoint enables you to improve operational efficiency, gain real-time insights and support compliance and security needs. Additionally, our modern, integrated cloud offering enables the secure storage of your data.
Manage Projects & Finances
Gain visibility into project and financial processes to better align resources, monitor costs and invoice more quickly.
Integrate your solution and centralize your people, projects and finances to increase productivity and enhance communication.
Manage Profitability & Costs
Track and control costs more efficiently, while supporting and operating the back office with less resource spend.
Costpoint for Small Business
Complete Visibility into Projects & Finances
- Integrate operations including projects and finances—providing full visibility throughout the project lifecycle
- Utilize visual dashboards and built-in, industry-specific reports to make more strategic business decisions
- Have a flexible solution that can grow with your business needs as they change
Automate Time & Expense Management
- Automate time and expense processing to help you stay compliant and create a clear audit trail
- Quickly submit and approve timesheets and expenses—increasing productivity—saving you time and money
- Use the mobile access and cloud-based app to help better manage the time and expense process
Improve Cash Flow & Operational Efficiency
- Gain insight into budgets, forecasting and resource planning throughout the project lifecycle
- Create cost pools and simplify indirect rates and financial intelligence by managing down to the project level
- Invoice more quickly with built-in DCAA and compliance support, workflows and reporting
Make More Fact-based Decisions Faster
- Access “out-of-the-box” dashboards and reports, which can be customized to best suit your needs
- Easily slice and dice data by the owning organization, project type, profit by project and project manager
- View data in real-time and drill down to the details for accurate project analysis
Maintain Compliance & Security Regulations
- Easily comply with DCAA requirements and gain support for FAR, CAS, DCMA and ASC compliance needs
- Costpoint Cloud offerings implement NIST 800-171 controls, and CMMC Level 3 certification is on the roadmap
- Costpoint GovCon Cloud Moderate also aligns with FedRAMP Moderate and supports ITAR requirements
Deliver Successful Projects with PSA
- Benefit from one centralized solution to effectively manage people, projects and financial data in real time
- Improve measurement and control of project costs with planning tools and time and expense integration
- Increase productivity with resource planning and talent integration to find the right people for your projects
Enhance your project and accounting management solution by integrating your preferred software tools via Costpoint’s Web Services and Extensibility Design Studio. Our consulting team can help you integrate Costpoint with tools you already use to configure a streamlined solution designed to fit your unique business needs.