Costpoint Procurement Software
Bring standardization, financial integration and data analysis to the procurement process.
DELTEK COSTPOINT PROCUREMENT SOFTWARE POWERS PROJECT SUCCESS BY HELPING YOU:
- Streamline the entire procure-to-pay process from request for quote (RFQ) through accounts payable, to reduce the amount of data entry and increase the levels of controlled spend
- Customizable purchase requisition approval workflows integrate with email
- Approved purchase requisitions can automatically generate purchase orders with no duplicate data entry
- New supplier portal helps buyers communicate more effectively with suppliers and subcontractors. Automated emails, dashboards and email consolidation help with CPSRs
PROJECT PROCUREMENT MANAGEMENT
Strategic procurement requires all procurement data in one system. Flexibility should not suffer; Costpoint Procurement includes user-defined fields. Process control should not suffer, with Costpoint Procurement you can set the amount of required quotes.
With all project stakeholders focused on the same objective and using the same data, collaboration happens. Costs, changes and POs, can be captured, tracked and analyzed at the project, account and organization levels with Costpoint Procurement.
COMPLIANCE SUPPORT: DFARS, CPSR AND OTHERS
Flowdown requirements and contract terms for purchases and subcontracts stay intact and documents can be attached, using Costpoint Procurement.
Discover Costpoint Procurement Software
It’s time to free procurement from data silos and paper processes. Costpoint’s modern procurement software brings automation and efficiency to the entire procure to pay process with its connection to the financials, ability to keep contract flow-downs intact, and data capture and analysis down to the project level. Watch the brief demo video to learn more.
Costpoint procurement integrated with Costpoint financials means one cohesive system.
Streamline procurement of materials, supplies and services.
Go paperless without feeling powerless. Costpoint is your central repository.
Benefits By Role
Turn procurement into a strategic advantage with integrated procurement software made for companies with government contracts. Gain visibility into spend at any point and project level. Collaboration can be automatic as all teams are using the same real-time data, keeping all focused on the project objective rather than differences in data.
- In just a few clicks, gain visibility into open purchase order commitments
- Tie all procurement and invoicing activity to your financial statement
- Electronic audit trail of requisition approvals
- Easily communicate special contract requirements to vendors or subcontractors
- Quickly react to ECNs and be prepared for pending ECNs via system alerts
Streamline supplier and subcontractor communications and gain CPSR support.
Discover what is required for compliance and learn how to navigate parts review.