It’s a common theme among GovCons: You signed up for Deltek Costpoint’s robust set of enterprise resource planning (ERP) tools to level up your financial forecasting, planning, and compliance. Now you’ve discovered that your staff is short on the time and system expertise required to configure those advanced features and integrate them into day-to-day operations.
CAVU can bridge that gap.
Our GovCon financial expertise and hands-on Deltek system knowledge help ensure that your company gets all the functionality you invested in. We help you to configure modules, review and optimize processes to align with your unique business needs and integrate with your team.
But first…
Know that you’re not alone. New users often need additional guidance and expertise to master Costpoint’s full range of functions. Users tend to pick up quickly on the HR and basic accounting entry functions, then need support with more robust project management and reporting functionality. CAVU can step in and give you the roadmap you need to unleash Deltek’s full potential.
Here’s What Deltek Features Can Do for You (and How CAVU Can Help)
Track project & contract accounting at the appropriate level of detail.
GovCons must track costs and revenue at a granular level, by contract line item number (CLIN), task order, or even funding source. Deltek’s project accounting modules match that level of precision, building compliant job cost structures and reporting to ensure that every dollar is tied to the right contract deliverable.
- Why it matters: Accurate project accounting reduces the risk of disallowed costs and strengthens billing accuracy.
- How CAVU can help: We set up job cost structures, train staff on best practices, and make sure your system produces reports that satisfy both internal leadership and auditors.
Manage indirect rates with confidence.
One of the most crucial functions in GovCon finance is managing indirect rates.. Deltek’s system can calculate indirect pools and model rates for compliance with Federal Accounting Regulation (FAR) and Cost Accounting Standards (CAS), then project long-term impacts.
- Why it matters: Proper rate management ensures compliance and keeps your proposals competitive with accurate wrap rates.
- How CAVU can help: We help you build rate structures in Deltek, model “what-if” scenarios, and get leadership the data they need forecast how today’s costs impact long-term competitiveness.
Produce incurred cost submissions (ICSs) that withstand Defense Contract Audit Agency (DCAA) audits.
Deltek reduces your audit risk and eases your compliance burden by setting up modules and reports with DCAA compliance in mind.
- Why it matters: GovCons that can produce audit-ready records save time, avoid costly penalties, and free staff time for business development and delivering top-notch products and services.
- How CAVU can help: CAVU aligns your system so your ICS and other data comply with DCAA requirements, and your reporting structure holds up under audit scrutiny.
Monitor business performance with real-time dashboards.
Deltek’s dashboards and analytics pull together real-time key performance indicators (KPIs) such as backlog, indirect burn, labor utilization, and contract profitability.
- Why it matters: Leaders no longer need to wait for month-end reports. Custom dashboards give a real-time view of financial health and compliance for quick action.
- How CAVU can help: We guide your GovCon to configure dashboards based on the metrics that matter most—whether that’s proposal win rates, indirect cost trends, or margin performance.
CAVU GovCon experts are ready to help you unlock Deltek’s full potential by turning robust tools into practical solutions that strengthen both your compliance and your bottom line. Contact us to find out more.