Deltek, the leading global provider of enterprise software and solutions for project-based businesses, has officially announced an updated version of its Deltek Costpoint solution, which is widely-deemed as industry’s most trusted ERP for government contractors.
According to certain reports, the stated version brings forth a fully modernized, AI-powered user experience, capable of integrating intelligence into every layer of the workflow. More on that would reveal how this particular development effectively expands Dela™’s intelligent automation through new, task-oriented agents that can streamline repetitive processes and help users make faster, more informed decisions.
Markedly enough, the revitalized Costpoint solution arrives on the scene bearing an elegant new interface powered by Deltek Harmony™, the company’s intuitive design framework. It is also enhanced on the back of embedded analytics and a role-based command center.
Such a mechanism, all in all, goes the distance to introduce a whole new way government contractors work, as they now have all the means move faster, collaborate more effectively, and manage projects from capture to close out with the compliance, innovation, and security they need.
Talk about new Deltek Costpoint on a slightly deeper level, we begin from the promise of a smarter, simpler user interface. This translates to an intuitive, modern interface focused on streamlining navigation, reducing clicks and guesswork, as well adapting to users’ needs, and increasing productivity.
These enhancements should eventually help users improve everyday tasks like time entry, expense reporting, and project tracking, while simultaneously minimizing errors, accelerating onboarding, and reducing costs.
Next up, we have a role-based command center coming into play. The stated center basically makes up a purpose-built analytic workspace, designed to surface relevant KPIs and actionable insights tailored as per users’ roles.
Beginning with a focus on project management, the stated command center will deliver, at launch, insights for project management to facilitate smarter business decisions and greater visibility.
Another detail worth a mention rooted in the availability of Dela Agents. Dela Agents are AI tools meant to act rather than just answer questions. You see, these agents automate manual tasks like time entry, approvals, and expense reports with industry-leading and context-awareness.
For instance, the new-look Costpoint is now decked up with a Contract Agent who can seamlessly automate contract record creation by extracting key terms and metadata from uploaded documents.
Beyond that, Deltek’s Ask Dela agent can now also be trained on organizations’ unique employee documentation and training guides to ensure they are following internal guidelines and avoiding errors. From an overall standpoint, these AI capabilities should be able to accelerate workflows, increase accuracy, reduce administrative overhead, and bolster compliance.
Rounding up highlights would be the fact that Costpoint’s has compliance baked right into its innate design. We say so because it is bestowed with built-in controls, auditability, and secure orchestration to support regulatory compliance. Alongside that, it also enjoys in its arsenal team-based approvals and vendor certification management
Founded in 1983, Deltek’s rise up the ranks stems from dispatching enterprise software and information solutions for project-based businesses. The company’s excellence in what it does can also be understood once you consider it serves, at the moment, more than 30,000 organizations and millions of users in over 80 countries across the world.
“This release is more than a UI refresh, it’s a smarter, sleeker experience that completely reimagines how government contractors interact with Costpoint,” said Warren Linscott, Chief Product Officer at Deltek. “Costpoint is purpose-built for government contractors. This release enhances the platform with a more intuitive user experience. It also introduces new AI-driven automation features that boost user efficiency and support customer growth.”
