Government Finance
PR Newswire | September 28, 2023
Deltek, the leading global provider of software and solutions for project-based businesses, announced today that Hexagon US Federal, an independent subsidiary of Hexagon Corporation exclusively focused on bringing the broad range of Hexagon technologies to the US Federal government and its partners, has selected Deltek Costpoint GovCon Cloud Moderate (GCCM) as its cloud-based accounting solution, after an extensive review of other options on the market.
With multiple offices and hundreds of employees across the US, it was critical that Hexagon US Federal had a best-in-class ERP to support its next phase of growth and digital transformation. Hexagon US Federal had already been trusting Deltek Costpoint for decades to provide a secure, compliant, all-in-one accounting solution. When it was time for Hexagon US Federal to move to the cloud to automate business processes, integrate business application systems and alleviate on-premise costs, the company reviewed multiple solutions on the market.
Costpoint GovCon Cloud Moderate was the company's clear choice for a robust, cloud-based solution to facilitate an overall digital transformation. Costpoint offered a lower total cost of ownership, with the ability to improve scalability and security, while streamlining back-office processes with built-in functionality without requiring multiple third-party integrations for reporting.
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. Additionally, the integrated cloud offering enables the secure storage of contract data and is consistently enhanced through cybersecurity compliance controls equivalent to NIST SP 800-171 and NIST SP 800-53. Costpoint GovCon Cloud Moderate provides additional protections by supporting compliance with federal contract regulations including DFARS 252.204-7012 (protection of CUI and CDI data), ITAR data protection, and the anticipated CMMC requirements.
"When I look at the possibilities with Costpoint, there is nothing else on the market that compares to it for government contractors. There just isn't," said Becky Harris, Chief Financial Officer at Hexagon US Federal. "Compliance was a significant factor in our decision. As a federal contractor, Hexagon is required to protect sensitive data and be prepared for audits of our data security practices. Deltek's GCCM cloud has implemented very stringent cybersecurity controls that will help us achieve our compliance requirements, including CMMC, while facilitating a cloud-based, cradle-to-grave lifecycle of core back-office business processes with all the data integrations."
"We're proud to have built a product that, time and time again, is proven to be the gold standard for government contractors," said Todd Walker, Vice President of Product Management at Deltek. "We're thrilled that Hexagon US Federal has decided to continue leveraging Deltek Costpoint – after reviewing it against our competitors – to provide the company with the best of both innovation and compliance as they make the shift to the cloud."
About Hexagon US Federal
Hexagon US Federal is a independent subsidiary of Hexagon Corporation, home of over 24,000 employees in 50 countries, focused on bringing Hexagon technologies to the US Federal government and its partners. They provide innovative technologies and professional services to a broad range of US Government customers across the Federal Civilian, Defense, and Intelligence Communities.
Headquartered in Chantilly, Virginia with offices in Huntsville, Alabama, St. Louis, Missouri, and Lexington Park, Maryland, Hexagon US Federal has over 480 employees dedicated to the success of national security priorities and ensuring the effectiveness for Civilian agencies.
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. Learn more at www.deltek.com.
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Emerging Technology
Businesswire | August 16, 2023
Euna Solutions, a leading provider of purpose-built, cloud-based solutions for the public sector, today announced a new technology partnership with Pavilion, the leading search platform across the largest network of cooperative contracts for the public sector. Under the partnership, Euna Procure, powered by Bonfire, will be integrated with the Pavilion platform, delivering a seamless experience to find, use, and share cooperative contracts and fast-track the procurement process.
Euna Procure is a complete set of eProcurement solutions for the public sector. It features the largest and fastest growing supplier network consisting of more than 700,000 suppliers. By integrating with the Pavilion platform, public sector procurement teams will now have access to more than 100,000 shareable contracts from over 400+ national and regional purchasing cooperatives, states, and local public entities. Access to this robust database will make the process of finding cooperative and piggybackable contracts substantially more efficient by allowing users to quickly identify existing contracts they can use to purchase compliantly without a new solicitation process.
Other benefits of the Euna/Pavilion integration include: • Time and money savings: Within Euna Procure, users can seamlessly access shareable contracts. Piggybacking on a competitively solicited contract from a peer public entity reduces the administrative costs of running a new solicitation, which for some public entities can be more than $80,000. Shareable contracts can also provide access to more competitive pricing. • Internal and external collaboration: The integration allows agencies to more easily share contracts with other members within their agency, as well as with other agencies around the country. This provides procurement professionals greater access to public contracts, improving both internal and external collaboration. • Integrated workflows: Once procurement managers have identified the right contracts in the database, they will be able to easily reference them and invite suppliers to participate in new solicitations.
“We are very excited about our integration with Pavilion as it will empower our customers to leverage their peers’ experience by accessing the nation’s largest network of shareable contracts,” said James Ha, Chief Growth Officer at Euna Solutions. “Partnerships like this help our customers promote responsible sourcing and efficient outcomes that improve communities.”
“As public entities look to do more with less, we’re developing new ways to support procurement professionals in doing their most critical work,” said Mariel Reed, co-founder and CEO at Pavilion. “This partnership creates a more seamless experience for Euna Procure users to find, use and share contracts with other public entities so they can deliver better, faster services and drive greater impact for their communities.”
About Euna Solutions
Euna Solutions is a leading provider of purpose-built, cloud-based solutions that power critical administrative functions and financial operations for the public sector. Formerly GTY Technology, Euna Solutions offers easy-to-use solutions for procurement, payments, grant management, budgeting, permitting and K-12 administration that are proven to increase operational efficiency, transparency, collaboration, and compliance. Euna Solutions is a trusted partner to more than 2,000 government and public sector organizations across North America, empowering digital transformation and streamlining business processes while enabling higher levels of citizen access, engagement and satisfaction.
About Pavilion
Pavilion is purpose-built to help you work smarter by providing access to the largest network of shareable contracts from across the country – for free – with one simple search. Find the right contract for you, whether it’s from your neighbor’s filing cabinet or a national purchasing cooperative. Expedite your due diligence and connect with the right supplier to get a fast response and hands-on support.
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Government Business, Cybersecurity
businesswire | August 17, 2023
CoSo Cloud LLC (CoSo), a Class Technologies company, and leading provider of secure, private-cloud managed services and custom applications for high-consequence eLearning and virtual training, today announced its platform has received StateRAMP authorization for leading eLearning and virtual classroom offerings from Adobe® and Class Technologies. This milestone achievement enables all U.S. state government agencies reliant on public tax dollars to make assured investments in and harness the utmost level of secure technology for government training and education.
StateRAMP is a critical cloud security assessment and authorization program designed to address the specific technology and compliance requirements of state and local governments. With this authorization, state government agencies and publicly funded educational institutions are now equipped with the highest levels of security and compliance, aligning seamlessly with the stringent requirements to protect government and citizen data. CoSo Cloud's StateRAMP authorization builds upon CoSo’s FedRAMP security authorizations for Federal Government agencies, and represents a significant industry advancement in secure eLearning and virtual training solutions, further reinforcing the company's position as a preeminent and trusted partner for public sector organizations.
"The CoSo Secure Private Cloud Platform has the most secure and compliant authorizations in the industry,” said David Nelson, Head of Cyber Security at CoSo Cloud. “With the StateRAMP authorization, customers who rely upon Class and Adobe for virtual training and eLearning are now able to deploy their training and education initiatives with the utmost confidence and security."
CoSo Cloud's StateRAMP-compliant offerings come equipped with robust data encryption, secure access controls, continuous monitoring and regular audits to ensure ongoing adherence to the highest security standards. As a result, government agencies can leverage the innovative tools that CoSo manages to optimize their workforce training, professional development, and educational programs without compromising on security or compliance.
About CoSo Cloud
CoSo Cloud LLC, a Class Technologies Inc. company, provides secure private-cloud managed services, custom software applications, and expert professional services for high-consequence virtual training and eLearning. Global enterprises and government agency customers rely on CoSo to complete their Adobe Connect, Adobe Learning Manager and Class solutions when security, compliance, and reliability requirements demand more from virtual meetings and learning management systems. CoSo Cloud is an Adobe, Class Technologies, SAP, and Zoom partner.
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