Small Business ePATHUSA Selects Deltek Costpoint to Streamline Business Processes in the Cloud

PRnewswire | June 02, 2023 | Read time : 04:19 min

Small Business ePATHUSA Selects Deltek Costpoint to

Deltek, the leading global provider of software and solutions for project-based businesses, announced today that ePATHUSA, a small business government contracting firm, has selected Deltek Costpoint to streamline processes, maximize efficiency, and remain compliant with security regulations.

ePATHUSA is a women-owned small business (WOSB) and a multiple GSA Schedule holder that has been recognized for its contributions to the industry with multiple awards, including the prestigious Woman-Owned Small Business Award and the Iowa Impact Award. With several offices and a growing team of 70 people across the U.S., ePATHUSA provides recruitment and staffing solutions along with software modernization and data analytics services to a wide range of federal, state, commercial and non-profit entities.

Leadership at ePATHUSA made the decision to make the switch to Deltek Costpoint ERP from QuickBooks®, due to Costpoint's capability to scale with the company and handle the DCAA compliance requirements necessary when working with federal contracts. ePATHUSA needed a more streamlined accounting solution with end-to-end processes – and Deltek, recognized as the trusted industry standard, was the clear choice as its partner.

Deltek Costpoint is the government contracting industry's leading solution that delivers more innovation and greater intelligence at every stage of the project lifecycle. It centralizes the management of projects, people and finances, and scales seamlessly as needs grow, enabling small to enterprise size businesses to win new contracts, manage project profitability and improve customer satisfaction at every stage. Additionally, the integrated cloud offering enables the secure storage of contract data and is consistently enhanced to meet the most up-to-date governmental and agency cybersecurity compliance standards including NIST 800-171.

"We vetted multiple solutions and found Deltek Costpoint to be the best accounting solution for us as we work to grow and scale our business," said Anitha Timiri G, President & CEO at ePATHUSA. "All of our colleagues in the industry are more familiar with Costpoint and trust the solution more than anything else on the market. It was apparent to us that Deltek was the partner we needed to set us up for success in the future. We're looking forward to implementing Deltek Costpoint to have an end-to-end, secure and compliant solution that is recognized as the gold standard among all the different organizations we work with."

"We're proud that Deltek Costpoint has been selected by ePATHUSA as the best solution to help it remain competitive, and compliant, as it scales," said Brian Daniell, Senior VP and Chief Customer Officer at Deltek. "We're looking forward to working with ePATHUSA to help them streamline operations as they continue growing their business."

About Deltek

Better software means better projects. Deltek is the leading global provider of enterprise software and information solutions for project-based businesses. More than 30,000 organizations and millions of users in over 80 countries around the world rely on Deltek for superior levels of project intelligence, management and collaboration. Our industry-focused expertise powers project success by helping firms achieve performance that maximizes productivity and revenue.



Related News


BMO Expands Minority Small Business Lending to 22 States with Zero Barriers to Business Program

PR Newswire | September 27, 2023

BMO today announced the expansion of its Zero Barriers to Business program for Black, Latino, Native, and Women-owned businesses across the bank's expanded footprint. The program aims to break down barriers for historically underserved and marginalized groups through inclusive banking products, services, and resources as part of BMO EMpower 2.0 – the bank's more than $40 billion community benefits plan. As part of the expansion, BMO has committed $200 million in lending to support the progress of minority-owned businesses. BMO's Zero Barriers to Business now helps business owners in 22 states – including Arizona, California, Colorado, Florida, Idaho, Illinois, Iowa, Indiana, Kansas, Minnesota, Missouri, Nebraska, Nevada, New Mexico, North Dakota, Oklahoma, Oregon, South Dakota, Utah, Washington, Wisconsin, and Wyoming. "Helping our clients, colleagues and communities make real financial progress is at the core of our Purpose, to Boldly Grow the Good in business and life," said Niamh Kristufek, Head of U.S. Business Banking at BMO. "The launch of BMO's Zero Barriers to Business to our expanded footprint brings us one step closer to a more inclusive society – especially for groups facing systemic barriers – by ensuring our clients have access to capital and financial tools and education." According to BMO's Real Financial Progress Index, more minority business owners report they have started a business this year or plan to compared to non-minorities, with 16 percent of Black respondents starting a business, 9 percent of Latino, and 7 percent of Asian-Americans. Nearly 20 percent of U.S. small business owners are minority-owned, according to Forbes' Small Business Statistics of 2023 – but according to Fed Small Business' 2022 Report on Firms Owned by People of Color, borrowers of color were about half as likely as white-owned applicant firms to receive all of the financing they sought. Specifically, BMO's Zero Barriers to Business includes: Better access to capital:Business owners receive access to working capital with expanded credit criteria and competitive interest rates. Small businesses can get a revolving line of credit and/or business credit card that will allow them to pay interest on what they borrow. They can also qualify for rate discounts when setting up automatic payments from a BMO Business Checking account and get improved access to funding with specialized credit criteria. Access to education:Free access to practical tools such as business plan templates, profit improvement calculators, podcasts, webinars, and coaching to help business owners make real financial progress. Access to partnerships:BMO is continually forming new partnerships with organizations that give business owners access to meaningful networks, additional coaching, educational resources, and alternative funding sources. Since launching the program in late 2020, the bank has helped minority small businesses make real financial progress by: Approving$80 millionsmall business loans. Funding more than 3,400 small businesses. Providing more than 800 hours of educational webinars and business literacy workshops supporting 5,000 business owners in collaboration with organizations such as Illinois Hispanic Chamber of Commerce, Chicago Urban League, Sunshine Enterprises, and Wisconsin Women's Business Initiative Corporation. Graduating 45 clients fromZero Barriers to Businessto qualify for traditional lending programs under standard lending criteria. Securing 40 non-profit Community Development Financial Institutions Funds (CDFI) partnerships to support access to capital, education, and networking opportunities for diverse small business owners. The expansion also comes during Hispanic Heritage Month along with a $500,000 commitment by BMO to support the creation of a Latino Business Loan Program with Colorado Enterprise Fund. The fund aims to eliminate barriers and support inclusive economic opportunity for small businesses across Colorado. Ceyl Prinster, CEO, Colorado Enterprise Fund said, Colorado Enterprise Fund's mission has always been to provide access to capital to underserved communities including minority-owned small businesses. With the funding from BMO, CEF will focus even more economic and educational resources toward Latino small business entrepreneurs throughout Colorado. [Source – Cision PR Newswire] About BMO Financial Group BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.25 trillion as of July 31, 2023. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to over 13 million customers across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and inclusive society.

Read More


Leading SMB Fintech Company Nav Continues Growth with Acquisition of Startup Tillful

PRnewswire | July 19, 2023

Nav, the leading financial health platform for small businesses, announced today its acquisition of Tillful. With the acquisition, Nav accelerates its data platform development and product roadmap, and brings in small business fintech talent across functions. The fragmented small business ecosystem has often proved a challenge for Fintech platforms, and many have failed to meet the distinct needs of small and medium businesses and drive scalable unit economics at the same time. Nav continues to scale as the only app that combines cash flow tools and credit insights to help businesses see what lenders see. That means business owners can understand what they can qualify for from dozens of different SMB lenders before they apply, and make confident decisions on the business funding they need to achieve their financial goals. "Nav delivers an unparalleled financial health experience for small businesses when they need it the most," says Nav CEO, Greg Ott. "At a time when financing options are tightening, Nav has built the only destination for businesses to find relevant and objective solutions for their specific needs. With Tillful we saw the opportunity to bring on a strong data platform and categorization engine and a talented team who, like Nav, has empowered SMB's to make better financial decisions based on financial data." Small business owners have historically faced obstacles when trying to access funds, with 33% struggling or failing due to a lack of capital. Alongside increased economic uncertainty and rising costs of goods and services, businesses need financing more than ever before. Nav has built the way to streamline access to capital with better aggregation of financing options and utilization of cash flow data, which is becoming a more critical factor in lender underwriting. The acquisition of the Tillful cashflow scoring engine accelerates Nav's ability to integrate and categorize cash flow data, and create proprietary financial health scores for small businesses. Founded in 2020 and headquartered in San Francisco, Tillful is a venture-funded fintech startup focused on modernizing business credit and cash flow insights for small and medium sized businesses by using better data. "We have always respected Nav's leadership in the small business financial health space," says founder and former Tillful CEO, Ken So. "We're excited that our shared mission will uniquely make the credit ecosystem much more accessible to the Main Street small businesses who have been traditionally overlooked." In addition to the asset acquisition, many of Tillful's employees will be joining Nav, including So, who will take up the position of VP of Corporate Development. This is Nav's second acquisition in less than a year after acquiring Canadian fintech Nuula's assets in January of this year. Terms of the purchase have not been disclosed. Nav will continue to support both Tillful subscription customers and card holders within the Nav platform in addition to offering expanded financial health services. Nav has over 1.7MM small business customers, in addition to small business financing products like loans and credit cards, and now also aligns customer qualifications with accounting, tax, payroll, and other business services. Nav is fully distributed with Event Spaces in San Mateo, Salt Lake City and Philadelphia. About Nav Nav is the leading financial health platform for small businesses. By using real business data and proprietary scoring, Nav gives small business owners transparency in finding the right loan, credit card, banking and other business service options. Nav's unique financial health platform shows cash flow and credit insights alongside suggested financing options, and is the only place small business owners can see what financing they may qualify for before they apply. Nav's platform also seamlessly integrates within other software and websites, making it the leading embedded finance solution for SMBs.

Read More


ECI Software Solutions Announces Scalable Deacom Offering to Help SMBs Digitally Transform Their Businesses

Businesswire | July 18, 2023

ECI Software Solutions, a global provider of cloud-based business management software and services, today announced the launch of Deacom® Essentials, a new a la carte Enterprise Resource Planning (ERP) offering that supports small- and medium-sized business (SMBs) customers. Deacom Essentials offers companies with a revenue of approximately $5-50m a customized, competitive cloud-ERP solution that rivals the technology in use at Fortune 500 companies. ECI’s Deacom ERP can support SMBs just embarking on their cloud transformation journey, as well as those more mature companies that are ready to scale. “In today’s environment, SMBs are hyper-focused on getting the job done efficiently. However, given the speed at which the world is innovating and digitally transforming, manufacturers need to migrate to the cloud to increase resiliency and build a business for the future,” said Matt Heerey, President of ECI’s Manufacturing Division. “Through ECI’s new Deacom Essentials model, SMBs have the opportunity to work with a team of experts that understand their entrepreneurial spirit and can leverage an ERP solution designed with the unique needs of the batch and processing industry in mind that supports profitable growth.” “ECI is committed to helping batch and process manufacturers of all sizes and across industries to manage their data. With Deacom ERP, businesses gain better insight of their operation to make informed decisions and scale their overall business,” said Matt Riesenbach, Senior Product Manager for Deacom at ECI. “Deacom Essentials levels the playing field for smaller players in the industry who are looking for a leading ERP system that is affordable and effective.” About ECI Software Solutions ECI Software Solutions provides cloud-based business software for running small and mid-sized businesses end to end. Built by experts in manufacturing, residential construction, field service, building supply, office technology and wholesale/retail distribution industries, ECI’s industry-specific software connects businesses and customers, improving visibility, operational efficiency and profitability. With ECI, businesses seamlessly integrate sales and marketing, business intelligence, CRM, data and analytics, ecommerce, mobile apps and payment processing. With more than 30 years of industry leadership, ECI is trusted by 24,000 customers in more than 80 countries globally. Headquartered in Fort Worth, Texas, it has offices in the U.S., Canada, Mexico, United Kingdom, Netherlands and Australia.

Read More