Accounting & Financial Management for Professional Services
Deltek Vantagepoint empowers your team to manage project financials and company-wide performance to ensure positive cash flow with greater precision and control.
Professional Services Accounting Software
Get paid for the work you deliver with better accounting and financial management that provides flexibility and control to meet your clients’ needs and manage your financials. Deltek Vantagepoint provides everything you need to quickly capture time and expenses, invoice accurately and get paid faster for the work you deliver to improve your bottom line. Make the project lifecycle smarter with Dela™, your AI-powered intelligent business companion for increased profitability and control.
Benefits of Vantagepoint Accounting & Financial Management
Control Project Costs
Deliver accurate project costs to project managers so they can proactively manage project financials.
Manage Profitability
Create more accurate budgets and track performance to quickly address issues before it’s too late.
Improve Cash Flow
Streamline financial management and boost visibility to improve cash flow and the bottom line.
Features of Vantagepoint Accounting & Financial Management
Boost Productivity with Dela’s Digital Assistant
- Engage with Dela through natural language and prompts to determine health of a project
- Use AI to create draft emails to communicate project and collections status for clients
- Quickly identify past project performance and potential issues to suggest potential action
Gain Control of Project Costs
- Track time and expenses more intuitively and automate timesheet and expense report approvals to reduce errors and improve cash flow
- Monitor project costs with faster and more accurate time and expense allocation
- Deliver accurate and reliable project financials to project managers faster than ever
Create Accurate Invoices the First Time
- Reduce time from draft to final invoice with draft invoice mark-ups and approvals
- Leverage batch billing options to speed up invoicing processes or work on each project separately
- Get paid faster with interactive billing tools combined with robust accounts receivable management
Accelerate Month-End Reporting
- Automate time-consuming tasks and create recurring journal entries to speed up close processes
- Monitor KPIs, such as utilization, project profitability/margins and more to identify where attention is needed
- Create and share in-depth info for any department, location or firm cross-section with flexible reporting options
Manage Profitability
- Filter and drill down to gain a deeper understanding of reports and project P&Ls
- View and analyze budget vs. actual performance by project, division, location or company-wide
- Spot and respond to issues and challenges faster by monitoring individual or groupings of accounts
Simplify Financial Management
- Improve visibility into financial performance with configurable, interactive dashboards
- Automate manual bank imports and simplify bank reconciliation to eliminate unnecessary manual work
- Automate AP invoice records with intelligent character recognition (ICR) technology