I am looking forward to attending Deltek Insights next week in Orlando. Insights is an incredible event bringing together Deltek users, partners and industry experts under one roof to share best practices and the latest developments in the Deltek Project Nation.
I will be focusing my attention on the government contractor community, and government property managers, with the goal of learning more about the pain points for government contractors, especially as it applies to managing all of their obligations to FAR 52.245-1 which is the overarching Government Property FAR clause. As you might imagine, I am especially excited to share the benefits of A2B Tracking’s automated integration with Deltek Costpoint.
The Deltek government contractor community is an impressive group. Deltek Costpoint is the leading ERP software for government contractors and thousands of federal contractors rely on Costpoint every day to gain insights and drive profits. The Deltek GovCon community is stacked with industry experts and thought leaders.
DCAA Compliance
One of the key elements that Costpoint provides government contractors is total DCAA compliance as well as supporting their SOX and DFARS regulations. Maintaining compliance and enabling financial accountability for government contracts is crucial to any organization working with the US Government. Costpoint provides real value by streamlining this financial obligation and providing contractors the tools to easily maintain and comply with regulations.
UC! Web Integration to Costpoint
It’s no coincidence that we chose Costpoint as an integration partner. The ability to combine A2B Tracking’s asset management capabilities alongside Costpoint’s project-based enterprise software solution is a win for everyone. This automated integration with Deltek is exciting for a number of different reasons.
Enhanced Government Property Management
UC! Web’s integration into Costpoint’s Fixed Assets module is a game changer. UC! Web’s ability to automate data exchange to PIEE, WAWF, GFP Module, IUID Registry and PCARSS is a huge time save and avoids redundant data that can cause problems. The A2B Tracking platform also takes advantage of auto-ID technologies, like IUID, barcode and RFID, in order to seamlessly populate that real-time inventory data into the Costpoint platform.
The UC! Web — Costpoint integration provides seamless reporting to government systems, complete IUID compliance and total visibility of all corporate and government assets to meet asset management and compliance objectives. This complete lifecycle asset management solution allows users to track their inventory faster, reduce errors and improve inventory accuracy to 99% or better.
DCMA Audit Readiness
Costpoint users will not only benefit from enhanced audit trails for physical property, improved inventory data accuracy and automated data exchange for reporting to PIEE, WAWF, GFP Module, IUID Registry and PCARSS but the A2B Tracking platform provides a FedRAMP and ITAR secure solution for 100% DCMA compliance to FAR 52.245-1.
Complete Government Property Management Business System
There has been a significant amount of discussion this year in the government contractor community surrounding Contractor Business Systems (CBS) to support audit readiness. Not all government contractors have this obligation; but, contracts that include these clauses must be able to show auditors internal business systems that meet the criteria. There are six major types of business systems outlined in the FAR — from Accounting, Estimating, and Purchasing to Property Management.
DCAA and DCMA are increasing their focus on the contractor’s obligation to maintain internal business systems that can support these strict government contract requirements.
UC! Web has been fulfilling the CBS obligation for Government Property Management to pass DCMA audits. UC! Web is a complete Government Property Management Business System that meets the federal acquisition regulations.
Deltek Costpoint has been meeting this CBS obligation for financial Accounting and Estimating to pass DCAA audits for years. Costpoint is the gold standard for meeting DCAA compliance requirements.
The UC! Web and Costpoint integration is an exciting solution by providing multiple Business Systems for government contractors to pass both DCAA and DCMA audits.
Eager for Insights
While I am at Deltek Insights, I will be eager to speak with the government contractor community. I am interested to hear how different organizations are sustaining their current contract obligations and to learn what systems they have in place to support that initiative. I am also eager to hear opinions on how the GovCon industry will shift in 2020 and what the DCAA and DCMA auditors will be looking for in the coming months. These are exciting times in the GovCon community where government compliance requires an organization to carefully orchestrate their efforts to completely fulfill their contract obligations.
