Alaskan Native Corporation Aleut Management Services Uses Deltek Costpoint to Lower Costs, Accelerate Cash Flow, and Drive Profitability
Versatile Alaskan Native Corporation delivers significant improvements following its implementation of Deltek Costpoint
HERNDON, Va.--(BUSINESS WIRE)--Deltek, Inc. (Nasdaq: PROJ), the leading global provider of enterprise software and information solutions for professional services firms and government contractors, today announced that Aleut Management Services, a subsidiary of The Aleut Corporation, is successfully leveraging Deltek’s Costpoint solutions suite to drive improvements across its organization. After a vigorous selection process the Alaskan Native Corporation selected Deltek Costpoint due to its ability to generate greater cost efficiencies, improve the company’s project and financial reporting and optimize government compliance processes.
As one of seven businesses developed out of the Aleut family of companies, Aleut Management Services is one of the premier suppliers of operational, maintenance, engineering and information technology services to Federal and State Government clients. The company is utilizing Deltek Costpoint’s integrated capabilities to dramatically decrease its monthly close cycle, deliver timely reports to its financial and managerial teams, and streamline its processes around Incurred Cost Submissions.
“Within a very short time, both our accounting and management teams saw major benefits following our Costpoint implementation that had not been possible under our previous software provider,” said Carolyn Smithhisler, Vice President and Chief Financial Officer for Aleut Management Services. “Almost instantly, our monthly close cycle was dramatically reduced which in turn means that we can now generate financial results much more quickly to provide a better understanding of our performance to our parent corporation. Though many of Deltek Costpoint’s capabilities have enhanced our business—including reducing our system cost, delivering more reliable cost submissions and keeping us compliant through DCAA audits—the most critical is that it allows our key decision makers to make decisions based on timely, reliable and actionable metrics. Costpoint is truly delivering a level of visibility and control that has taken our business to a new level.”
“The success that Aleut Management Services has already experienced in optimizing its performance and improving its key metrics demonstrates that Costpoint was the best solution to meet the company’s evolving business needs,” said Tom Mazich, Deltek’s EVP and General Manager - GovCon. “As Aleut Management Services continues to deliver innovative solutions to its customers, we look forward to working closely with this market-leading company to help drive its business forward.”
The Aleut Corporation is committed to promoting economic, cultural, and social growth for its shareholders through its subsidiaries, partnerships and foundation. One of thirteen Native Regional Corporations that was established in 1972 under the terms of the Alaska Native Claims Settlement Act (ANCSA), Aleut offers a diverse portfolio of capabilities and extensive past performance that provide distinct advantages to their customers and business partners. Operations of The Aleut Corporation and subsidiaries include Government Contracting, Telecommunications, Environmental Remediation, Fuel Sales and Real Estate Management, however the company also participates in various partnerships, joint ventures and other business activities. www.aleutcorp.com www.aleutmgt.com
Deltek (Nasdaq: PROJ) 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. Over 14,500 organizations and 1.8 million users in approximately 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
Posted: December 20, 2011