Award-winning government contractor will use Deltek Costpoint and Costpoint MES together to deliver lower cost, higher quality products and stay compliant with federal accounting regulations
HERNDON, Va. — (BUSINESS WIRE) — November 14, 2012 — Deltek, Inc., the leading global provider of enterprise software and information solutions for government contractors and professional services firms, today announced that award-winning government contractor, UEC Electronics, has selected Deltek Costpoint and Deltek Costpoint MES to streamline its accounting and financial management operations and to improve its project manufacturing efficiency and quality. Deltek Costpoint, integrated with the new Costpoint Manufacturing Execution System (MES), will enable UEC Electronics to deliver high quality products, address federal compliance and accounting regulations, and establish systems and practices that will support rapid and ongoing growth.
Deltek Costpoint offers unparalleled project management, financial management, reporting and compliance features for government contractors. Costpoint links shop floor activities with financial management, accounting, and project management at the most detailed levels available, providing visibility into the time and materials expended during every step of the manufacturing process. Companies that develop and maintain complex product offerings use Costpoint and Costpoint MES to greatly improve:
- Compliance: UEC must meet strict government accounting regulations such as FAR and CAS, and must meet the rigorous audit requirements of the DCAA and DCMA. Costpoint and Costpoint MES will help UEC to meet these requirements by automatically accounting for and reporting on direct, indirect, allowable, and unallowable costs, on a project by project basis, using detailed and standardized project costing rules.
- Efficiency: UEC will use Deltek solutions to support the most streamlined manufacturing processes available, including paperless and lean techniques. The software will replace spreadsheets and paper based manuals with online, up-to-date engineering plans, diagrams, and instructions. Managers and executives will learn where rework and bottlenecks occur, and will be able to employ better production processes and approaches throughout the project lifecycle.
- Quality: To meet customer needs, UEC leverages important quality programs such as Six Sigma, AS9100, and ISO 9001. The software supports quality checks, instructions, and logging of inspection results, and automatically alerts personnel when tolerances are exceeded. It also supports liens and holds of non-conforming parts and assemblies, as well as the tracking of the corrective actions that have been applied. By identifying quality issues sooner, and by enforcing standardized approaches and processes, Deltek’s project manufacturing solutions will reduce scrap and rework, and support the high quality standard that UEC and its customers require.
“Deltek has been the leader in delivering project-based financial management software for 30 years. With its added project manufacturing capabilities, Deltek is the clear choice for growing, mixed commercial and federal firms like ours that are project and manufacturing based,” said Peter Shortsleeves, CFO at UEC Electronics. “Costpoint and Costpoint MES will enable us to improve our efficiency, quality, and capacity at a very critical time, giving us the platform we need for continued growth. Deltek will deliver paperless and lean manufacturing improvements that will enable us to win more business, and deliver more effectively on that business than ever before.”
“We are thrilled to welcome UEC Electronics as a new Deltek customer,” said Tom Mazich, Deltek’s EVP and General Manager – Govcon. “Growing government and commercial contractors such as UEC Electronics are increasingly looking to Deltek to unite their financial management system with their manufacturing operations, giving them improved visibility, manufacturing capacity, and a financial management platform that will keep them in tight compliance with federal accounting standards. We look forward to working closely with UEC as it implements Costpoint and Costpoint MES across its growing organization.”
Deltek’s integrated project manufacturing suite includes Materials Management, Costpoint MES, and Costpoint Shop Floor Time. Click here for more information on Deltek’s complete portfolio of manufacturing solutions.
Established in 1995, UEC Electronics is an AS9100 and ISO 9001 registered, woman owned small business offering comprehensive solutions in engineering design, product development, rapid prototyping, system integration and lean, innovative manufacturing services. The Charleston campus encompasses over 80,000 square feet of engineering, integration, production, and testing facilities. For more information, visit the website at www.uec-electronics.com.
Deltek is the leading global provider of enterprise software and information solutions for professional services firms and government contractors. For decades, we have delivered actionable insight that empowers our customers to unlock their business potential. 15,000 organizations and 2 million users in over 80 countries around the world rely on Deltek to research and identify opportunities, win new business, optimize resources, streamline operations, and deliver more profitable projects. Deltek – Know more. Do more.® www.deltek.com
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