Venturity Financial Partners Teams Up With Deltek To Provide Financial and Accounting Support Services

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Venturity Financial Partners Teams Up With Deltek To Provide Financial and Accounting Support Services

Dedicated Team to Bring Full Spectrum of Transaction Processing and Accounting Services to the Government Contracting Community

DALLAS, TX – August 14, 2008 – Venturity Financial Partners, a leading professional services firm that specializes in outsourced financial and accounting services, today announced that it has partnered with enterprise applications software company Deltek® to provide outsourced accounting services to small and mid-sized government contractors that use Deltek GCS Premier® accounting software. Venturity will also provide software sales and implementation services to this market segment.

Recognizing the need for federal contractors for better accounting management and oversight, Venturity directly addresses this problem as many contractors often have a difficult time finding and retaining specialized accounting staff to accomplish these tasks.

“Venturity is excited to unite its proven outsourced accounting services model with the power of Deltek GCS Premier® software,” said Chris McKee, Managing Partner of Venturity. “This combined service offering will enable small to mid-sized government contractors to have access to a deeper bench of skilled resources so they can compete much like the big players without the large costs associated with managing an internal accounting department.”

Internal accounting departments can be quite costly. Regulatory burdens, technology requirements and staff costs can create a huge drain on a company’s operations and detract management from focusing on its core business.
“We are very pleased to be able to offer government contractors a cost-effective way to address the accounting challenges they face in today’s competitive government contracting market,” commented Deanna Walker, Venturity’s Vice President of Business Development.

Deltek’s GCS Premier software is the industry’s most trusted project accounting solution. It was developed in conjunction with Federal Acquisition Regulations (FAR) and Cost Accounting Standards (CAS) and is designed to be fully compliant with Defense Contract Audit Agency (DCAA) requirements.

Venturity brings more than 50 years of combined accounting and finance expertise to this market segment, as well as a proven track record of providing top-notch services and resources to call upon when needed.

About Venturity Financial Partners

Venturity Financial Partners is a leading professional services company that specializes in outsourced financial and accounting services – one of the only companies of its kind in the United States. Founded in 2001, Venturity was established to help growing companies find a better solution for their finance and accounting needs. Its comprehensive outsourcing solution enables organizations of all sizes to focus on core business initiatives, instead of the day-to-day management and administration of an in-house accounting department. Venturity’s experienced and dedicated team, through the support of a solid technology backbone, develops customized reporting packages that are operationally-focused and tailored to meet client needs. For more information, visit www.venturity.net.

About Deltek

Deltek® (NASDAQ: PROJ) is the leading provider of enterprise applications software designed specifically for project-focused businesses. For more than two decades, our software applications have enabled organizations to automate mission-critical business processes around the engagement, execution and delivery of projects. More than 12,000 customers worldwide rely on Deltek to measure business results, optimize performance, streamline operations and win new business. Visit www.deltek.com.

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