Specialized Government Contractor that works with Federal agencies in the security space selects Deltek Costpoint to drive increased revenue and profitability
HERNDON, Va. — (BUSINESS WIRE) — March 1, 2012 — Deltek, Inc. (Nasdaq: PROJ), the leading global provider of enterprise software and information solutions for government contractors and professional services firms, today announced that a leading government contractor has chosen Deltek Costpoint® as its integrated financial management and project accounting solution. This fast-growing contractor will utilize Deltek Costpoint to power its critical business processes to drive increased growth and profitability as a leading provider of information technology services to the Federal government and intelligence community with expertise in cyber security, systems integration and secure supply chain management.
Before selecting Deltek, the specialized government contractor’s disparate financial and materials management systems had placed limits on its ability to manage its fast-growing business. It selected Deltek Costpoint to implement one cohesive, integrated system that could manage its critical business processes and allow the company to focus on competing and winning additional types of government contracts. Additionally, one of the contractor’s key strategic initiatives is its ability to allow Federal customers to view inventory and orders throughout the supply chain, and Costpoint will support this capability for the contractor’s Federal customers. Using Deltek Costpoint will allow the government contractor to meet all of its objectives very rapidly due to Costpoint’s ability to be implemented and adopted quickly across its organization.
By implementing Deltek Costpoint, the company is moving away from running its business through manual processes and is now automating its business to gain efficiency, eliminate errors, improve workflows, and strengthen its materials management and supply chain management processes. Costpoint will also ensure complete compliance with rigorous Federal requirements – a vital requirement given the company’s leadership position in cyber security.
“Working with Deltek will enable our continued growth and profitability and mitigate risk within our business. Costpoint is fundamentally improving how we perform as a company. For example, we are now bidding on new contracts we would not have been able to bid on in the past given the requirements we can now meet using Deltek’s market-leading Costpoint solution,” said the COO of the leading government contractor.
“Deltek is thrilled to work with an outstanding leader in the government contracting space,” said Tom Mazich, EVP and General Manager of Deltek’s Government Contracting unit. “Time and time again, our government contracting customers recognize that Deltek is the undisputed leader in this market. As a result of working with thousands of government contractors over the years, we deliver the most complete software solutions and the deepest industry expertise that our customers need to power their growth strategies.”
Deltek (Nasdaq: PROJ) 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. 15,000 organizations and 1.9 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.® www.deltek.com
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