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1
Product
Sheet
Deltek Costpoint
Foundations
The perfect-fit ERP solution for your small business
Is your company a small government contractor
in need of an ERP solution that fits your needs?
Perhaps you're winning prime work and are now
subject to DCAA audits; or perhaps your current
ERP system is too limited, or simply not the
perfect fit for your business.
If you're looking for a single, cloud-based
solution that can handle all your project-based
financial and accounting needs, then Deltek
Costpoint Foundations is the perfect-fit ERP
solution you've been looking for.
Costpoint Foundations is a cloud-based, ERP
offering for government contractors, packaged
and priced for the needs of small business
with fewer than 150 employees. Costpoint
Foundations provides all the financial, project
accounting, and labor and expense management
capabilities small businesses need, without the IT
overhead.
With the ideal combination of flexibility
and scalability across your accounting, project
management, and organizational needs,
Costpoint Foundations will help you gain better
insight across the company. Better insight means
higher margins, increased profits, and more
satisfied customers.
The Small Business Advantage
In today's federal marketplace, small businesses
have a distinct advantage. Formal goals have
been established to help create a more level
playing field for small businesses and to ensure
each has the opportunity to work with the federal
government. According to the Small Business
Administration (SBA), federal agencies must set
aside:
23% of prime contracts for small businesses
5% of prime and subcontracts for women-
owned small businesses
5% of prime contracts and subcontracts for
Small Disadvantaged Businesses
3% of prime contracts and subcontracts for
HUBZone small businesses
3% of prime and subcontracts for service-
disabled veteran-owned small businesses
In fiscal 2013, the set-aside rules resulted in $84
billion in prime contracts to small businesses.
Small Business Challenges
The Federal government awarding so many
contracts to small businesses is great news.
That said, with these contracts comes additional
things to consider including, potentially,
unexpected challenges.
Costpoint
Foundations Includes:
Financial Accounting
Project Accounting
Budgeting
Collaboration
Time Collection
Expense Management
Reporting and Business
Intelligence
Additional Solutions
Available:
Payroll
Procurement
Fixed Assets
Inventory Management
Multi-Company
deltek.com
2
Compliance and Audits
One of the greatest challenges small businesses face as new
prime contractors is a Defense Contract Audit Agency (DCAA)
audit. Some audits are conducted after the contract has been
awarded; some contracts require a pre-award DCAA audit.
More Projects to Manage
As you win more work, there are more projects to manage. In
order to remain successful and continue to win additional prime
contracts, it is critical to have constant insight into and across all
projects to ensure contracts are being performed on time and
within budget.
More complex accounting
With more projects comes more complex accountingbilling,
labor and expense collection, cost allocation and indirect-rate
calculations, and more.
The Ideal Solution: Costpoint Foundations
Based on Deltek's industry-leading Costpoint ERP solution,
Costpoint Foundationsdesigned specifically for small
businesseshelps you through these challenges and provides the
support you need to enhance your success.
For the financial side of your business, Costpoint Foundations
provides:
A project ledger that balances to your financial ledger, so
you can produce accurate financial reports the first time
DCAA compliant time collection, so you can have peace of
mind and spend less time finding or fixing time sheets
Integration with Accounts Receivable, so you can bill more
quickly and accurately
Automatic indirect rate calculations with audit trails, so you
can be sure indirect rates are calculated correctly and are audit-
ready
Automated invoicing, to reduce Days Sales Outstanding (DSO)
For the project side of your business, Costpoint Foundations
provides:
Flexible WBS structures, so you can design and account for
project costs to see profit and loss in great detail
Flexible and unlimited Cost Pools, so you can more effectively
track costs and cost allocations across projects
Control time and expense entries at the task level, so you can
have more control and fewer errors
Tight controls on project budgets, so you can experience
more predictable financial and project performanceand deliver
a more profitable project
For your IT team, Costpoint Foundations provides:
Cloud deployment, so you can have the flexibility to accelerate
your business strategies at any pace
Zero server hardware and maintenance costs, to reduce
capital expenditures
Disaster recovery and backups, so you can focus on your core
business
Automatic updates and upgrades, so you are always on the
most current version
A flexible WBS helps you monitor and manage project cost performance and
helps to identify risks early in the project lifecycle
deltek.com
2014 Deltek, Inc. All rights reserved. All referenced trademarks are the property of their respective owners.
3
World Headquarters:
United States
2291 Wood Oak Drive
Herndon, VA 20171-2823
800.456.2009
Worldwide Locations:
Belgium
+32 (0) 2 709 2191
Denmark
+45 35 27 79 00
Germany
Dsseldorf
+49 (211) 52391
Netherlands
+31(0)30 7430014
Norway
+47 22 01 38 00
Sweden
+46 (0)8 587 077 00
United Kingdom
London
+44 (0)20 7518 5010
deltek.com
info@deltek.com
Stay Connected:
Satisfied Customers
Why should you trust Costpoint Foundations? Because it's built on Deltek's industry leading Costpoint
ERP, currently supporting hundreds of successful government contractors today.
And, because there are many small businesses that are already enhancing their government-
business success with Costpoint Foundations.
What Our Customers Are Saying
"The flexibility with Costpoint allows us to perform better analysis at
an organizational, department, project or task level. We are able to
slice and dice our income statements so that our executives can make
better, data-driven decisions while managing our growth."
Kris Ford, Director of Finance at HighPoint
"Costpoint is the backbone of our financial reporting and management.
Without it, being a successful federal government contractor would be
much more challenging."
Robin Entrekin, Director of Information Assurance for Camber Corporation
For more information on how Costpoint Foundations can help your
small business, visit www.deltek.com/costpoint-foundations
Deltek is the leading global provider of enterprise software and information solutions for professional services firms and
government contractors. For decades, we have delivered actionable insight that empowers our customers to unlock their
business potential. 18,000 organizations and 2 million users in over 80 countries around the world rely on Deltek to research
and identify opportunities, win new business, optimize resources, streamline operations, and deliver more profitable projects.
Deltek Know more. Do more
Product
Sheet
Deltek Costpoint
Foundations
The perfect-fit ERP solution for your small business
Is your company a small government contractor
in need of an ERP solution that fits your needs?
Perhaps you're winning prime work and are now
subject to DCAA audits; or perhaps your current
ERP system is too limited, or simply not the
perfect fit for your business.
If you're looking for a single, cloud-based
solution that can handle all your project-based
financial and accounting needs, then Deltek
Costpoint Foundations is the perfect-fit ERP
solution you've been looking for.
Costpoint Foundations is a cloud-based, ERP
offering for government contractors, packaged
and priced for the needs of small business
with fewer than 150 employees. Costpoint
Foundations provides all the financial, project
accounting, and labor and expense management
capabilities small businesses need, without the IT
overhead.
With the ideal combination of flexibility
and scalability across your accounting, project
management, and organizational needs,
Costpoint Foundations will help you gain better
insight across the company. Better insight means
higher margins, increased profits, and more
satisfied customers.
The Small Business Advantage
In today's federal marketplace, small businesses
have a distinct advantage. Formal goals have
been established to help create a more level
playing field for small businesses and to ensure
each has the opportunity to work with the federal
government. According to the Small Business
Administration (SBA), federal agencies must set
aside:
23% of prime contracts for small businesses
5% of prime and subcontracts for women-
owned small businesses
5% of prime contracts and subcontracts for
Small Disadvantaged Businesses
3% of prime contracts and subcontracts for
HUBZone small businesses
3% of prime and subcontracts for service-
disabled veteran-owned small businesses
In fiscal 2013, the set-aside rules resulted in $84
billion in prime contracts to small businesses.
Small Business Challenges
The Federal government awarding so many
contracts to small businesses is great news.
That said, with these contracts comes additional
things to consider including, potentially,
unexpected challenges.
Costpoint
Foundations Includes:
Financial Accounting
Project Accounting
Budgeting
Collaboration
Time Collection
Expense Management
Reporting and Business
Intelligence
Additional Solutions
Available:
Payroll
Procurement
Fixed Assets
Inventory Management
Multi-Company
deltek.com
2
Compliance and Audits
One of the greatest challenges small businesses face as new
prime contractors is a Defense Contract Audit Agency (DCAA)
audit. Some audits are conducted after the contract has been
awarded; some contracts require a pre-award DCAA audit.
More Projects to Manage
As you win more work, there are more projects to manage. In
order to remain successful and continue to win additional prime
contracts, it is critical to have constant insight into and across all
projects to ensure contracts are being performed on time and
within budget.
More complex accounting
With more projects comes more complex accountingbilling,
labor and expense collection, cost allocation and indirect-rate
calculations, and more.
The Ideal Solution: Costpoint Foundations
Based on Deltek's industry-leading Costpoint ERP solution,
Costpoint Foundationsdesigned specifically for small
businesseshelps you through these challenges and provides the
support you need to enhance your success.
For the financial side of your business, Costpoint Foundations
provides:
A project ledger that balances to your financial ledger, so
you can produce accurate financial reports the first time
DCAA compliant time collection, so you can have peace of
mind and spend less time finding or fixing time sheets
Integration with Accounts Receivable, so you can bill more
quickly and accurately
Automatic indirect rate calculations with audit trails, so you
can be sure indirect rates are calculated correctly and are audit-
ready
Automated invoicing, to reduce Days Sales Outstanding (DSO)
For the project side of your business, Costpoint Foundations
provides:
Flexible WBS structures, so you can design and account for
project costs to see profit and loss in great detail
Flexible and unlimited Cost Pools, so you can more effectively
track costs and cost allocations across projects
Control time and expense entries at the task level, so you can
have more control and fewer errors
Tight controls on project budgets, so you can experience
more predictable financial and project performanceand deliver
a more profitable project
For your IT team, Costpoint Foundations provides:
Cloud deployment, so you can have the flexibility to accelerate
your business strategies at any pace
Zero server hardware and maintenance costs, to reduce
capital expenditures
Disaster recovery and backups, so you can focus on your core
business
Automatic updates and upgrades, so you are always on the
most current version
A flexible WBS helps you monitor and manage project cost performance and
helps to identify risks early in the project lifecycle
deltek.com
2014 Deltek, Inc. All rights reserved. All referenced trademarks are the property of their respective owners.
3
World Headquarters:
United States
2291 Wood Oak Drive
Herndon, VA 20171-2823
800.456.2009
Worldwide Locations:
Belgium
+32 (0) 2 709 2191
Denmark
+45 35 27 79 00
Germany
Dsseldorf
+49 (211) 52391
Netherlands
+31(0)30 7430014
Norway
+47 22 01 38 00
Sweden
+46 (0)8 587 077 00
United Kingdom
London
+44 (0)20 7518 5010
deltek.com
info@deltek.com
Stay Connected:
Satisfied Customers
Why should you trust Costpoint Foundations? Because it's built on Deltek's industry leading Costpoint
ERP, currently supporting hundreds of successful government contractors today.
And, because there are many small businesses that are already enhancing their government-
business success with Costpoint Foundations.
What Our Customers Are Saying
"The flexibility with Costpoint allows us to perform better analysis at
an organizational, department, project or task level. We are able to
slice and dice our income statements so that our executives can make
better, data-driven decisions while managing our growth."
Kris Ford, Director of Finance at HighPoint
"Costpoint is the backbone of our financial reporting and management.
Without it, being a successful federal government contractor would be
much more challenging."
Robin Entrekin, Director of Information Assurance for Camber Corporation
For more information on how Costpoint Foundations can help your
small business, visit www.deltek.com/costpoint-foundations
Deltek is the leading global provider of enterprise software and information solutions for professional services firms and
government contractors. For decades, we have delivered actionable insight that empowers our customers to unlock their
business potential. 18,000 organizations and 2 million users in over 80 countries around the world rely on Deltek to research
and identify opportunities, win new business, optimize resources, streamline operations, and deliver more profitable projects.
Deltek Know more. Do more