SOURCE: NeoSystems Corporation

NeoSystems Corp

August 03, 2016 10:28 ET

NeoSystems Celebrates 18-Month Deltek Costpoint 7 Migration Anniversary: Advises Companies to Embrace Next-Gen ERPs

TYSONS CORNER, VA--(Marketwired - August 03, 2016) - NeoSystems Corporation, a leading technology-enabled managed services and systems consulting firm specializing in integrated accounting/finance, HCM, hosting, and IT solutions, is reaping the benefits of its January 1, 2015 migration from Deltek's GCS Premier to Deltek's Costpoint 7 enterprise resource platform (ERP).

With a record six closed quarters leveraging Costpoint, NeoSystems is the only Deltek Platinum Partner who has conducted an internal migration from GCS to Costpoint using its own NeoSystems Consulting experts while also providing transition best practices for NeoSystems' external clients. Implementing the highly flexible, user-friendly Costpoint ERP has positioned NeoSystems for unprecedented growth by supporting expansion of new business lines, improved reporting, and providing managers with cloud-based access to critical business intelligence.

Eighteen months ago, NeoSystems President and CEO Michael Tinsley realized the time was right to embrace Costpoint 7. "After eight years running GCS, we were limited in our ability to add new lines of business or create invoices that mixed time and materials, fixed-price, and unit-based billing," Tinsley explained. "NeoSystems also couldn't access data remotely or create customized reports critical to successful project management. Our managers were bogged down manually manipulating accounting data and work-arounds that didn't meet our business needs."

To tackle the implementation project, NeoSystems tapped its in-house Costpoint 7 experts to plan and manage the migration leveraging NeoSystems' proprietary methodology and best practices. NeoSystems strong technical consultants average 8 years of direct Deltek experience successfully installing and integrating 100s of Deltek Costpoint solutions for NeoSystems clients. NeoSystems' Costpoint upgrade went live in January 2015, and this month marks the 18-month anniversary of the conversion.

"NeoSystems is thrilled to have made the leap from GCS to Costpoint," Mike Dunn, NeoSystems Chief Financial Offer said. "Costpoint has improved our project management ability and bottom line results, while optimizing operations and reducing risks and client costs throughout project life cycles."

NeoSystems understands first-hand the challenges companies face when upgrading or migrating to a new ERP system. "Organizations fear change. They fear business disruption and may worry their personnel won't have the skills to support the new platform," Tinsley explained. "My advice is to take the plunge. NeoSystems has perfected the transition for small and large government contractors. We have created flexible migration configurations that allow businesses to migrate to a next-generation cloud-based ERP, like Costpoint 7, and redeploy freed assets in more productive ways to grow your business."

One of the migration's biggest advantages is Costpoint's remote access capability. Because the ERP is hosted in a high-performing cloud infrastructure, managers can mine company data from anywhere. "In today's mobile world, being tethered to an on-premise ERP, or even one accessible through a V-LAN, costs time -- and time is money," said Tinsley. "Moving your ERP to the cloud, especially if it includes a mobile-friendly app, gives much faster access to information -- saving valuable time and enabling quicker, yet informed, decision-making."

The cloud-based platform also reduces ERP maintenance costs while simultaneously improving NeoSystem's ability to scale. "We no longer have to worry about storage capacity or the speed of the server that houses our ERP, as Deltek handles these items," Tinsley explained. "Growth can be scaled much more easily and at a much reduced cost than in the old on-premise IT model."

NeoSystems also benefits from improved security at lower cost. "We are able to afford greater security by leveraging the controls, processes, authentication protocols and monitoring activities of our cloud provider as opposed to building and maintaining those measures ourselves," Tinsley reported. Plus, the company benefits from Deltek's robust business continuity procedures, should disaster strike.

For more information on NeoSystems' successful GCS to Costpoint conversion and data migration, please see our recent CEO Blog: Why We Migrated: A CEO's Diary on Migrating from Deltek GCS to Costpoint. NeoSystems is creating a repository of information on "Why Migrate from GCS to Costpoint?", please look for up-to-the-minute data and customer successes.

About NeoSystems Corporation
NeoSystems Corp., based in Tysons Corner, Virginia, delivers integrated strategic back office services and solutions to enable, run, and secure commercial entities, government contractors, and nonprofit organizations. Today, NeoSystems supports 700 companies and over 50,000 employees with its managed services, and NeoSystems' experts have implemented hundreds of fully integrated financial and business management systems. Utilizing best-of-breed technology and leveraging in-depth expertise in Accounting & Finance, Human Capital Management, Hosting (SOC1/SOC2), and Information Technology, our team enables companies to improve vital operations, reduce their overhead costs and become compliant with complex requirements. NeoSystems is partnered with the world's leading software companies, including NetSuite, Deltek, Ultimate Software, IBM, Integrify, Contract Logix, and others to provide best-in-class solutions. NeoSystems was recently named Deltek's first and only Platinum Partner. For six years in a row, NeoSystems has been named one of America's fastest growing private companies by Inc. Magazine. For more information, visit http://www.NeoSystemsCorp.com.

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