Thursday, April 27, 2006

Deltek Outsourcing Services Group

Washington Business Journal, WebCPA and a few other online news sources have been reporting the new press release from Aronson & Co. announcing their new "outsourcing-services group to provide services to the growing number of government contractors in the region".
The accounting firm is offering its outsourcing services in tandem with Deltek software for government contractors. The services available from Aronson include accounts payable processing, time sheets, payroll preparation, financial reporting, job summary reports and labor utilization.
Please click on "Read the rest of this article!" for the full press release.

Aronson & Company Forms Deltek Outsourcing Services Group

Rockville, MD, April 24, 2006/PRNewswire/ -- Aronson & Company (A&C), a nationally ranked top 50 accounting and consulting firm, recently announced the formation of their Deltek Outsourcing Services Group, created to address the growing back office needs of the Metro area’s huge government contracting community, numbering in the thousands.

"A&C recognizes the need for better accounting operations management among federal contractors, but we also know that there are many companies that simply don’t have the specialized accounting staff to handle these tasks," remarked Lisa J. Cines, CPA, Managing Officer, Aronson & Company.

Internal accounting departments cost most government contractors upwards of $100K-$500K a year, depending on size. Regulatory burdens, technology requirements, and staff costs combine to create a huge financial burden and operations that often detract from accomplishing other important business goals. As an Alliance Partner, Aronson & Company has united their professional accounting services with the power of Deltek GCS Premier, the leading software package for government contractors, routinely cutting their clients’ back office operating costs in half.

Aronson & Company’s Deltek Outsourcing Group uses their extensive experience and specialized expertise to help companies address the challenges they face in today’s competitive government contracting market. Whether they are a prime contractor or subcontractor, a small start-up, an established government contractor, a company experiencing the pain of downsizing, or even just temporarily short-staffed, A&C supports their internal accounting personnel with skilled professional consultants who know their way around the government contracting business.

Stephen T. Swales, CPA, Officer in charge of the Deltek Outsourcing Services Group commented further, "We are very pleased to be able to offer government contractors a cost effective solution that allows them to focus on the real business at hand rather than their back office. Our services effectively let small to mid-sized companies compete much the same way as the really big players in government contracting, without the enormous costs of an internal accounting department."

Stephen T. Swales, CPA, Officer in charge of the Deltek Outsourcing Services Group commented further, "We are very pleased to be able to offer government contractors a cost effective solution that allows them to focus on the real business at hand rather than their back office. Our services effectively let small to mid-sized companies compete much the same way as the really big players in government contracting, without the enormous costs of an internal accounting department."

Deltek GCS Premier software is specifically designed to conform to the stringent regulations stipulated by the federal government, making necessary evils like DCAA compliance, indirect rate structuring, and incurred cost submissions incredibly simple to navigate and manage.

The new Deltek Outsourcing Group is part of A&C’s Government and Technology Services Group which has been meeting and exceeding the expectations of government contractors for over 20 years.

About Aronson & Company

As the Mid-Atlantic region’s premier accounting and consulting firm, Aronson & Company has built a tradition of excellence spanning more than 40 years. Hundreds of dedicated business experts provide innovative solutions designed specifically for each client. A&C specializes in comprehensive audit, tax and consulting services for clients ranging from individual taxpayers up through publicly traded companies poised for continued success.

A&C’s professionals stay ahead of trends to meet and exceed expectations through their unique combination of personal service and innovative expertise. Dedicated to providing a complete financial solution, A&C is more than just a typical accounting firm – they are a trusted advisor to their clients.

A&C is proud to be one of Public Accountant Report's top 50 national accounting firms and has been featured on their Best of the Best list for three years running. A&C is ranked as a top 10 accounting and consulting firm by the Washington Business Journal and most of A&C’s professional experts are members of the Maryland Association of Certified Public Accountants and the American Institute of Certified Public Accountants.


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Thursday, April 20, 2006

ReportNet - First impressions

With Impromptu support being discontinued in 2010, I have started evaluating ReportNet as the long term replacement solution. My initial fear that the web based application would be slow turned out to be ill founded. I have always been a little skeptical of web based applications because they fail to take advantage of the very powerful desktop processors that are now pervasive in any enterprise. The Report Studio interface was a pleasant surprise because it is very responsive and full featured.

The ease of scheduling reports has made it trivial to implement some automated "detect" controls for erroneous data entry. There is however a fairly steep learning curve. I had to spend time searching for functionality such as advanced filters, footer and header management etc. In the next few weeks I will put together a table to help long term Impromtpu users locate corresponding functionality in Report Studio menus.

Please click on "Read the rest of this article!" link below.

Want to share your own experiences with ReportNet? Post them here!


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Saturday, April 08, 2006

Cognos 8 gaining traction

Costpoint users are familiar with Impromptu, a fast and easy WYSIWYG (mostly) report writing tool. The web based version of Impromptu has evolved from Impromptu for the Web to Upfront to ReportNet. At the user conference this year, Deltek announced that the latest version with be Cognos 8 and that this will be the new name for ReportNet. Impromptu will be supported until the year 2010. Cognos released their quarterly results on March 30th of this year and announced two interesting facts:
# Fourth quarter license revenue of $117.9 million, up 56 percent from the third quarter
# Cognos 8 license revenue of $55.5 million in the fourth quarter

Both of these bode well for companies using Costpoint. In a highly competitive business intelligence vendor market, Cognos has had a sharp revenue increase and close to 50% of their revenue is from their latest version. They also appear to have won some very large accounts with the new verion. This should make it easier to find help and consulting for the new version in the long term.
Please click on "Read the rest of this article!" for more information.

Excerpt from the Cognos press release:

Cognos® Reports Fourth Quarter and Full Year Results

— Cognos delivers $117.9 million of license revenue —

Ottawa, ON & Burlington, MA, March 30, 2006– Cognos Incorporated (Nasdaq: COGN; TSX: CSN – all figures in U.S. dollars and in accordance with U.S. GAAP), the world leader in business intelligence (BI) and corporate performance management (CPM) solutions, today announced financial results for its fourth quarter and full fiscal year 2006, ended February 28, 2006.

Revenue for the fourth quarter was $253.1 million, compared with $256.3 million for the same period of last fiscal year. License revenue was $117.9 million, compared with $129.9 million in the fourth quarter of last fiscal year. Net income in the quarter was $44.0 million or $0.48 per diluted share, compared with $54.3 million or $0.58 per diluted share for the same period last fiscal year.

Revenue for the full fiscal year 2006 was $877.5 million, compared with $825.5 million for the previous fiscal year. Net income for fiscal year 2006 was $124.8 million, or $1.35 per diluted share, compared with the prior year’s net income of $136.6 million, or $1.47 per diluted share.

“These results represent solid performance,” said Rob Ashe, Cognos president and chief executive officer. “Overall license revenue of $117.9 million, inclusive of Cognos 8 license revenue of $55.5 million, 18 seven-figure contracts, and several major competitive wins all underscore the strength of our performance this quarter. Cognos 8 is setting the agenda for the BI market and establishing itself as the platform of choice for BI standardization.”

“The Cognos team executed well this quarter,” Mr. Ashe continued. “Our market leading solutions for BI and Performance Management position us strongly in this dynamic market. The recent release of Cognos 8 MR1, the launch of our ground-breaking Search solution – Cognos Go!, and our new Strategic Global Alliance with IBM set Cognos on course to take full advantage of the tremendous market opportunity in front of us.”

Highlights:

* Fourth quarter license revenue of $117.9 million, up 56 percent from the third quarter
* Cognos 8 license revenue of $55.5 million in the fourth quarter
* 18 contracts greater than $1 million, compared to 18 for the same period last year
* 242 contracts greater than $200,000, up 16 percent over the fourth quarter last year
* Cognos announces Global Strategic Alliance with IBM
* Major Cognos 8 wins at Allianz Life Insurance Company of North America, BC Hydro, BUPA, Georgia Department of Education, Nestle Suisse S.A., Public Works and Government Services Canada, San Diego City Schools, and State of Ohio Department of Administrative Services



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Network with 1,000 Deltek customers and friends!

TMCnet reports that Deltek has invited 1,000 clients and friends to watch the Washington Capitals' last home game of the season. This should be an excellent opportunity to meet other Costpoint users and get to know your Deltek account manager. These folks tend to be extremely helpful and professional. I will be at this event and look forward to meeting fellow user group members.

Please click on "Read the rest of this article!" link below for the entire blurb.

Here is the original story from TMCnet.com:

Deltek to Host 1000 Clients and Friends During Washington Capitals' Last Home Game of the Season

HERNDON, Va. --(Business Wire)-- April 5, 2006 -- Professionals from the government contracting and nonprofit industries are invited to join Deltek, the leading provider of enterprise management software for project-focused organizations, for an exciting evening of sports entertainment and networking, during Washington Capitols Fan Appreciation Night at the Verizon Center on April 17, 2006. Invited guests include more than 1,000 Deltek clients, friends and staff who will be cheering on the Capitols in their last home game of the season. In addition, members of the Darrell Green Youth Life Foundation, whose mission is to help children develop into leaders, will join Deltek, along with youths from the foundation.


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Wednesday, April 05, 2006

Job posting: Financial Analyst/Assistant Controller

Aquilent, Inc. is looking to fill a Financial Analyst / Assistant Controller position. Please click on "Read the rest of this article!" link below to get the entire job posting. Please contact Melissa Hook, Director of Finance at Melissa.Hook@aquilent.com if you are interested.

Financial Analyst/Assistant Controller

Aquilent is a leader in Government Integration and Web Portals and has over 25 years experience delivering top-notch technical solutions in the areas of web portals, scientific application development, business automation and E-procurement. Aquilent focuses exclusively on the federal government sector.

Aquilent is currently seeking a Financial Analyst/Assistant Controller to work at our Corporate office in Laurel, MD and as part of our finance team.

Responsibilities:
The successful candidate will participate in FFP project analysis and will work with business area leads on annual budgeting and monthly forecasting updates. He/she will analyze variances and internal reporting of actuals as well as serve as the audit liaison for financial and government audits. Additional duties to be assigned as needed. Local travel may be required.

Required Skills:
• Progressive experience in accounting roles
• Government contracting or Services background
• Excellent verbal and written communication capabilities
• Experience with Deltek or CostPoint

Desired Skills:
• CPA or MBA highly desirable
• M&A experience a plus, but not required
• Experience with Impromptu or other report writing tools

Required Education/Experience/Certifications:
• Bachelor's Degree in Accounting/related field or equivalent and 5-8 years of progressive experience in accounting roles

--------------------------------------------------------------------------------
In addition to the opportunity to work on this exciting and innovative project, you will have available to you a very comprehensive benefits package including Paid Time Off, Tuition Reimbursement, Professional Training and Development, an Internet Reimbursement Program, and much more! We welcome the opportunity to answer your questions, as you are encouraged to learn more about Aquilent and the services we provide: http://www.aquilent.com Resumes should be sent to mailto:kelly.burke@aquilent.com
EEO/AA


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Job posting: Controller

Global Science & Technology, Inc. (GST), a provider of high-technology services to the Federal government is looking to fill a Controller position. Please click on "Read the rest of this article!" link below to get the entire job posting. Please contact Anita Doherty [Anita.Doherty@gst.com] if you are interested.

CONTROLLER – Greenbelt, MD – Global Science & Technology, Inc. (GST), a provider of high-technology services to the Federal government, is seeking a Controller to work full-time in its headquarters office. The Controller directly supervises a staff of three, and reports to the CFO. The Controller is responsible for all financial reporting, accounting, cash management, internal control, and audit interface functions. Application of GAAP and FAR principles on a day-to-day basis is an integral part of the job. Accounting degree required, MBA or CPA preferred, with at least 5 years experience in a similar environment at a Manager or Controller level. Experience working with subsidiaries, joint ventures and affiliates would be helpful. Hands-on experience with Deltek Costpoint strongly preferred. Salary range is $90,000 – $110,000 per year, depending on experience and qualifications, plus an attractive benefits package.

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Job posting: IT Business Systems Manager

Honeywell Technology Solutions, Inc.(HTSI) is looking to fill an IT Business Systems Manager role. Please click on "Read the rest of this article!" link below to get the entire job posting. They are very anxious to fill this key position. Please contact Debbie Staab, HTSI IT Business Systems Manager at Debbie.Staab@Honeywell-tsi.com

The Lead Business Systems Analyst will perform work across multiple business processes of high complexity, requiring integration and technical solutions. This individual will be responsible for the continued design, development and implementation of the government-compliant financial, procurement, and business systems for Honeywell Technology Solutions, Inc.
HTSI currently uses a suite of applications to support the enterprise financial and business systems. The IT Lead will work closely with the Finance Organization on IT initiatives for finance that includes, but is not limited to product upgrades and enhancements, improving the integration of existing systems, and rolling-out IT solutions that add value to the business.

The successful candidate will be required to be knowledgeable on federal acquisition regulations (FAR), cost accounting standards (CAS), Sarbanes-Oxley compliance, and business intelligence and financial systems. Expertise in Costpoint is essential.
Responsibilities include but are not limited to:
- Assessing customer needs utilizing a structured requirements process (gathering, analyzing, documenting, and managing changes) to prioritize immediate business needs and recommends options, risks and costs vs. benefits.
- Leading the development and communication of business requirements to the IT community for the design and implementation of business solutions.
- Leading large, highly complex projects.
- Optimizing customer work processes through participation in business planning, needs analysis and business risk assessment by leading process redesign and consulting with users on how to best support the business through effective use of technology.
- Leading the decision of buy vs. build decision in all phases of the systems/applications development life cycle.
- Having a solid understanding of the customer's business processes, supporting applications, key drivers of success, and the short-term and long-term direction of their processes.
- Having a high level understanding of the overall IT applications architecture, business process reengineering skills and understanding of business modeling concepts using Six Sigma methodology.
- Being equally aligned with the customer's and I/S' success.
- Focusing on improving business processes at all times, not necessarily with technology implications; analyze impact of work practice change on a business function and systems supporting the business process to ensure site integration.
- Negotiating priorities with the IT organization to ensure customer short and long-term needs are met.
- Educating customers on the future direction of IT and the positive impact it will have on their business.
- Leading the development and delivery of customer training.
- Participating in the definition and negotiation of contract requirements with respect to both the master contract and individual statements of work.
- Monitoring day-to-day work resulting from supplier relationships, as well as any special projects that may arise as a result of changing business requirements.

Qualifications:
Strong knowledge of Costpoint
Knowledge in FAR, CAS, and Sarbanes-Oxley Compliance
Knowledge of Hyperion Planning and Essbase desirable
Must possess excellent communication skills
Education:
•Bachelor's/Master's degree in related field, specialized training or equivalent work experience.
Experience:
•7 or more years of relevant technical and business work experience. Requires Greenbelt and/or DFSS experience.
•Experience and in-depth knowledge of business process reengineering and business modeling concepts.

As an Equal Opportunity Employer, we are committed to a diverse workforce


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Tuesday, April 04, 2006

Deltek - your hybrid diesel technology

"Deltek" was a fairly unique name. A web search almost always yielded pages related to the software company that brings us Costpoint. That changed a few months ago when Carrier Corporation released a new Deltek. This time, Deltek is a hybrid diesel electric cooling system: Please click on "Read the rest of this article!" link below.

Saying that the product offered higher reliability, easier maintenance and significantly lower lifecycle costs than ever before, Carrier Transcold introduced Deltek hybrid diesel technology late in October.

“The high reliability and reduced maintenance needs of Deltek technology will result in better equipment utilization and greater operational efficiency for the entire cold chain,” Ignacio Aguerrevere, director of marketing and product development, Truck/Trailer/Rail Americas for Carrier Transicold, said.

Aguerrevere said patented Deltek technology was a radical departure from the conventional mechanical technology that has defined transport refrigeration systems for more than 50 years. “Through expanded use of electronics and maintenance-free electrical components, it offers a streamlined design that does away with most serviceable mechanical parts, such as belts and clutches, and it greatly reduces the refrigerant charge compared to conventional systems,” he said.

Carrier appears to have trademarked the name. While trademarks are specific to each industry, it would appear that Carrier constantly uses the phrase 'Deltek technology' thus making it easy to be misunderstood for Deltek the technology company. That is until you reach the part about diesel and refrigeration!

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EDS potentially a Deltek partner?

Tech giant EDS (Electronic Data Systems Corp.) has offered to buy a 52% stake in Bangalore, India based software services firm MphasiS. What does this mean for Deltek? Long term users will remember that the Dallas user conference had representatives from MphasiS demonstrating the then hot! hot! hot! web based Costpoint 4i.

MphasiS was the development partner that created the original Costpoint Web. It is not clear how much of Smart Business Applications was created by MphasiS or what role they now play. A Google search provides interesting historical snippets: Please click on "Read the rest of this article!" link below.

The beta release of Deltek Costpoint 5 which initially incorporated approximately 170 enhancements throughout the software, is a fully integrated ERP solution developed specifically for complex, medium to large-sized project-based businesses... The beta release followed what was tauted as the next generation of Internet-driven back office automation solutions. Deltek Costpoint 4i for the Web, provided an n-tiered, scalable, flexible, and solid Java-based thin client architecture. Deltek Costpoint 4i was never officially released because during development it became apparent that a better alternative to fully web-enable Deltek Costpoint was to web-develop the entire software at one time using Mphasis as the on-site/off-shore development partner. The fully web-based Deltek Costpoint version is expected in general release in 2004 and is now referred to as The Next Generation of Costpoint (NGC), or Deltek Costpoint Version 6.
Will the EDS resources further improve Smart Business Applications? Time will tell...

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