Article
Costpoint ERP: A game-changer for government contractors
April 28, 2025 · Authored by Kevin Brandt
Government contracting presents unique business challenges that standard enterprise resource planning (ERP) systems struggle to address. From complex regulatory compliance requirements to contract management needs, government contractors face a business environment unique to the sector. Deltek Costpoint has been a leading solution in this sector, as it was purpose-built with these specialized needs in mind. Costpoint provides big advantages to government contractors of all sizes:
Costpoint is...
Purpose-build for government contractors
The regulatory frameworks governing government contractors are extensive and constantly evolving. Costpoint integrates compliance features into its core architecture, ensuring adherence to federal regulations. Key capabilities include a Defense Contract Audit Agency (DCAA)-compliant timekeeping system for labor tracking, segregation of direct and indirect costs and DCAA-ready reporting templates that minimize manual effort during audits.
Designed to support the full range of contract types
Designed to support the full range of contract types used in government contracting—including fixed-price, time and materials (T&M), cost-plus-fixed-fee (CPFF), cost-plus-award-fee (CPAF) and hybrid models. It automates billing and revenue recognition for each contract type, helping ensure compliance with FAR and CAS requirements while reducing manual errors in invoicing and financial reporting.
