Human beings have proven themselves to excel in many different areas, but at the same time, there remains an awful little that we do better than growing on a consistent basis. This commitment towards getting better, no matter the situation, has brought the world some huge milestones, with technology appearing as a rather unique member of the group. The reason why technology’s credentials are so anomalous is purposed around its skill-set, which was unprecedented enough to realize all the possibilities for us that we couldn’t have imagined otherwise. Nevertheless, a closer look should be able to reveal how the whole runner was also very much inspired by the way we applied those skills across a real world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence and made it the ultimate centerpiece of every horizon. Now, having such a powerful tool run the show did expand our experience in many different directions, but even after reaching so far ahead, this prodigious concept called technology will somehow keep on delivering the right goods. The same has grown to become a lot more evident in recent times, and assuming one new HRM-themed development shakes out just like we envision, it will only propel that trend towards greater heights over the near future and beyond.
Deltek, the leading global provider of software and solutions for project-based businesses, has officially announced the launch of two new solutions in Replicon Time Tracking and Polaris PSA for Government Contracting. According to certain reports, the stated solutions come decked up with an ability to integrate with top-tier ERP systems, customer relationship management (CRM) platforms, human capital management (HCM) platforms and payroll providers, including Deltek’s flagship ERP, Deltek Costpoint, and SAP. Once integrated, these solutions ensure complete flexibility and scalability, while simultaneously supporting industry-leading compliance, including FAR, DFARS, and CAS accounting and timekeeping requirements, to help streamline DCAA audits. Both the products further have the means to adhere to various data protection and security standards, including GDPR, FedRAMP, NIST 800-171, NIST SP 800-53 and ISO/IEC 27001:2013, and guess what, they are supported through SOC 1 and SOC 2 reports issued by an independent audit. But what can they exactly offer from an individual standpoint? Well, in Replicon Time Tracking’s case, the idea is to help you consolidate your entire employee time collection and workforce management mechanism, thus turning it into a unified platform with built-in labor law compliance libraries to automatically account for local regulations. Next up, there is an all-important prospect of making sure that all billable time is captured accurately, something the solution does by populating timesheets with data from applications like Microsoft Teams and Outlook, Zoom, Jira and Asana etc. Considering the solution is even well-equipped to leverage artificial intelligence, it frees up employees from a larger chunk of their burden, instead asking them to only handle the review and submission bits. Replicon Time Tracking also, markedly enough, has a use case for globally distributed workforces across government and commercial industries. Here, the solution banks upon centralized project time capturing and schedule management tools to allow the whole operation to run smoothly, regardless of where the employee is in the world.
Turning our attention to Polaris PSA, it promises to provide on-budget project delivery using advanced resource management capabilities that empower government contractors in a host of different ways. For instance, the solution simplifies the very process of finding the right team member in every project based on availability, utilization, location, skills, and other relevant factors. This it does through intelligent recommendations that ensure ideal resource allocation for every project and improve collaboration between project and resource managers. Moving on, Polaris PSA can further empower you to confidently plan capacity with real-time insights. You see, these insights can come in handy when identifying resource requirements for newly awarded projects. After the identification is duly completed, they can use that information to forecast potential demand from business development opportunities. Among other details, we can touch on how the solution should be able to fulfill the objective of optimizing your revenue and pricing to birth the most profitable bidding scenarios. Such an optimization effort is achieved on the back of deep consideration over elements like true utilization, complete costs, and real margins. Rounding up the highlights for us the product’s potential in the context of improving project delivery and the wider client management arrangement. You see, serving up in one place a live view of all projects and their progress, costs, partners and resource allocation, Polaris PSA preaches a hassle-free experience, an experience which can go on to bolster user’s productivity to an enormous degree.
“As government contractors grow, expand and diversify their business, they need solutions that can help them collect project time in a compliant way, while maximizing their global workforce and ensuring the right people are on the right projects,” said Warren Linscott, SVP and Chief Product Officer at Deltek
Operating out of Herndon, Virginia, Deltek has risen up the ranks by delivering enterprise software and information solutions to project-based businesses. Prior to the two latest solutions, the company has shored up its niche through products like Maconomy for Commercial Enterprise, WorkBook for Agencies, Deltek Vantagepoint for A&E Consulting, ConceptShare Proofing for Agencies, Cobra for Cost and Earned Value Management, Acumen for Schedule Quality, Risk and Modeling, PM Compass for Workflow, and many more. Deltek’s excellence in what it does can also be understood once you consider that more than 30,000 organizations from across 80 different countries trust the company to achieve superior levels of project intelligence, management, and collaboration. In case you need some more convincing about the company’s credentials, then we can mention how it has been named as #3 Top Tech Company by Glassdoor for the year 2023. Apart from that, Deltek has also won the Association for Talent Development’s (ATD) BEST Award for 2022 and 2023, along with the 2021 Brandon Hall Group’s Excellence in Human Capital Management (HCM) Award, and of course, plenty others.
. “We are launching these solutions with out-of-the-box integrations with Deltek Costpoint and other industry-leading ERP solutions. This approach provides government contractors with a time-to-value and a total-cost-of-ownership advantage no matter which back-office system they have in place today. Our solutions offer an integrated platform for time tracking and resource management that supports built-in compliance with DCAA, FAR, and dozens of federal, state and local time tracking requirements, allowing our customers more time to focus on delivering better projects,” said Linscott.
