Is an ERP system a worthwhile investment for small government contracting businesses? The three case studies below outline how investing in an ERP helped these companies increase project visibility, reduce manual processes, and improve adherence to compliance requirements.
Increased Project Efficiency and Seamless Growth
Connexus Corporation transitioned from QuickBooks to Deltek Costpoint, a cloud-based ERP solution, to support its rapid growth and complex needs. With support from Premier Consulting & Integration, Connexus implemented Costpoint to streamline project management, accounting, and reporting processes, ensuring compliance with USAID regulations. The system has not only contributed to a significant increase in annual revenue but also provided real-time visibility into project performance and financial status, keeping Connexus and its stakeholders well-informed. This strategic transition has empowered Connexus to handle multiple international projects efficiently, leading to a remarkable 163% increase in annual revenue from 2019 to 2023. Connexus plans to take on more long-term prime contracts and credits Costpoint for its seamless growth and successful execution of projects.
Selecting Industry Standard Deltek Costpoint for Built-In Cybersecurity Compliance
ePATHUSA realized that QuickBooks could no longer support its business needs as it expanded into government contracting. The company sought an enterprise resource planning (ERP) solution to meet its evolving requirements, and it eventually chose Deltek Costpoint due to its comprehensive compliance support and industry expertise. “It was critical that we upgrade our accounting system to Deltek Costpoint, which includes built-in compliance support,” says Hari Nallure, Vice President and Co-Founder of ePATHUSA. Deltek’s reputation, particularly in the government contracting industry, and its cybersecurity compliance capabilities made it the clear choice for ePATHUSA’s future growth and success.
Delta Point Reduced Manual Processes While Increasing Data Visibility
Delta Point, LLC, a fast-growing organization that provides IT services to government and commercial sectors, upgraded from QuickBooks to a more advanced ERP system in Deltek Costpoint. The limitations of QuickBooks, such as manual processes, lack of automation, and limited audit visibility, prompted this transition. The decision to explore ERP systems stemmed from the need for a scalable solution that could accommodate the company’s growth and meet its future requirements. By adopting Costpoint, the team aims to improve critical processes like accounting controls and project management and fulfill the criteria for a cost-plus-fixed-fee contract with the Department of Defense. They chose Deltek due to its strong reputation, customer-driven approach, and recognition within the government contracting industry. This move to a more robust ERP system is considered a strategic investment catering to their future needs.
Get ERP Software Implementation Support
If these success stories have you considering the benefits of an ERP system for your government contracting business, PCI is here to help! We have successfully completed over 900 Deltek Costpoint implementations and can help you configure the software to meet your specific needs. Contact us today to schedule a demo or answer implementation or software support questions.
