The following was released by Deltek. You can read it on their website by clicking here.
EOIR is successfully using Deltek Costpoint across the enterprise to gain efficiencies in procurement and accounting processes, to measure business performance through reporting and financial analytics and to support its strategic growth initiatives
HERNDON, Va. – April 24, 2014 – Deltek, the leading global provider of enterprise software and information solutions for government contractors and professional services firms, announced that EOIR Technologies, Inc., a portfolio company of The White Oak Group has completed its implementation of Deltek Costpoint as its fully integrated ERP system. The firm will use Deltek across its enterprise to gain efficiencies in procurement and accounting processes, to measure business performance through reporting and financial analytics and to support its strategic growth initiatives.
EOIR has more than 30 years of experience providing the U.S. Government, Military, and Intelligence Community with specialized sensor design and development, intelligence support and analysis, rapid prototyping, training and simulation, mission command, and field service support to locations around the world. EOIR has nearly 400 staff providing state-of-the-art technology solutions from 12 U.S. offices and a number of U.S. and overseas client locations.
In order to better serve its customers, EOIR needed a project-based ERP system that could provide visibility into the cost and status of its projects and manage key finance and accounting processes as its business expands. Its legacy financial management system and processes were antiquated and the company had difficulties in accessing much needed data to understand how it was performing. Poised to become a major player in the government contracting industry, EOIR wanted to up its game with an ERP system that would deliver access to information on a timely basis and ensure the company maintains compliance with key government regulations. EOIR implemented Deltek Costpoint, Procurement, Time Collection, Deltek Expense, Fixed Assets, and CER in a 4-month timeframe.
“Deltek came highly recommended to us from other government contractors and accounting professionals, so we are confident with our decision to implement Costpoint,” said Peter Cannito, COO at EOIR. “We knew that Deltek was the industry standard in the government contracting marketplace. Now that it’s implemented, we are very impressed with the ease of integration, flexibility, and scalability of the software. We trust that our Deltek investment will support our corporate and strategic initiatives.”
“Deltek Costpoint offers government contractors like EOIR unparalleled project management, accounting, reporting and compliance features to give them the exact functionality and business insight they need to increase efficiency and improve profitability,” said Tom Mazich, Deltek’s Executive VP and General Manager – GovCon. “We couldn’t be more pleased with EOIR’s implementation and success to date using Deltek. We look forward to a continued relationship with the company as it expands its presence in the government contracting marketplace.”
About The White Oak Group
The White Oak Group (www.thewhiteoakgroup.com) is an Atlanta-based private investment firm focused on aerospace and defense, healthcare technology, and environmental and alternative energy/power solutions.
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. 16,000 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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