Deltek Costpoint

Who Uses Deltek Costpoint?

Project-Based Businesses

What Is Deltek Costpoint?

Costpoint offers government contractors unparalleled project management, accounting, labor, reporting and compliance features so you get the exact capability you need to increase efficiency and improve profitability. It was built specifically for government contractors and has been adopted by thousands of government contractors and earned the trust of federal agencies and their auditors.

Deltek Costpoint Details

Deltek

https://www.deltek.com/en/products/project-erp/costpoint

Founded 1983

Deltek Costpoint Pricing Overview

Deltek Costpoint does not have a free version but does offer a free trial.

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Free Version

No

Free Trial

Yes

Deployment

Installed - Mac

Cloud, SaaS, Web

Installed - Windows

Mobile - iOS Native

Mobile - Android Native

Training

In Person

Live Online

Webinars

Documentation

Support

24/7 (Live Rep)

Business Hours

Online

Not Offered

Deltek Costpoint Features

  • Accounts Receivable
  • Bank Reconciliation
  • Billing & Invoicing
  • CPA Firms
  • Expense Tracking
  • Fixed Asset Management
  • Fund Accounting
  • Government
  • Nonprofits
  • Payroll Management
  • Project Accounting
  • Purchase Orders
  • Tax Management

View full list of Accounting Software

  • Access Controls/Permissions
  • Alerts/Notifications
  • Business Process Automation
  • Business Rules Management
  • Collaboration
  • Process Change Tracking
  • Process Mapping
  • Process Modeling & Designing
  • Visual Workflow Management

View full list of Business Process Management Software

  • Accounting
  • Committee Management
  • Donor Management
  • Dues Management
  • Event Management
  • Fundraising Management
  • Member Database
  • Membership Management
  • Social Media Management
  • Volunteer Management

View full list of Charity Software

  • Archiving & Retention
  • Audit Management
  • Compliance Tracking
  • Controls Testing
  • Environmental Compliance
  • FDA Compliance
  • HIPAA Compliant
  • ISO Compliance
  • Incident Management
  • OSHA Compliance
  • Process/Workflow Automation
  • Risk Management
  • Sarbanes-Oxley Compliance
  • Surveys & Feedback
  • Version Control

View full list of Compliance Software

  • Bid Management
  • Budgeting
  • Compliance Management
  • Contractor Database
  • Document Management
  • Job Management
  • Qualification Tracking
  • Reporting/Analytics
  • Safety Management
  • Scheduling
  • Subcontractor Management
  • Time Tracking

View full list of Contractor Software

  • Approval Process Control
  • Multi-Currency
  • Receipt Management
  • Reimbursement Management
  • Spend Control
  • Time & Expense Tracking
  • Workflow Management

View full list of Expense Report Software

  • "What If" Scenarios
  • Access Controls/Permissions
  • Audit Trail
  • Balance Sheet
  • Budgeting/Forecasting
  • Cash Management
  • Consolidation/Roll-Up
  • Data Import/Export
  • General Ledger
  • Multi-Company
  • Profit/Loss Statement

View full list of Financial Reporting Software

  • Budgeting & Forecasting
  • Code Enforcement
  • Compliance Management
  • Fixed Asset Management
  • Inventory Management
  • License Issuance
  • Permit Issuance
  • Purchasing & Receiving
  • Self Service Portal
  • Taxation & Assessment
  • Utility Billing
  • Work Order Management

View full list of Government Software

  • Access Controls/Permissions
  • Capacity Management
  • Compliance Management
  • Inventory Management
  • Issue Auditing
  • License Management
  • Maintenance Scheduling
  • Patch Management
  • Remote Access/Control

View full list of IT Management Software

  • Bills of Material
  • Document Management
  • Inventory Management
  • Order Management
  • Production Scheduling
  • Quality Management
  • Quote Management
  • Reporting/Analytics
  • Safety Management
  • Supplier Management
  • Supply Chain Management

View full list of MRP Software

  • Document Management
  • Forecasting
  • Quality Management
  • Quote Management
  • Resource Management
  • Supplier Management
  • Supply Chain Management
  • Traceability

View full list of Manufacturing Execution Software

  • Accounting Integration
  • ERP
  • MES
  • MRP
  • Maintenance Management
  • Purchase Order Management
  • Quality Management
  • Quotes/Estimates
  • Reporting/Analytics
  • Safety Management
  • Shipping Management

View full list of Manufacturing Software

  • Approval Process Control
  • Attestation
  • Audit Trails
  • Policy Creation
  • Policy Library
  • Policy Metadata Management
  • Policy Training
  • Reporting/Analytics
  • Version Control
  • Workflow Management

View full list of Policy Management Software

  • Catalog Management
  • Contract Management
  • Fixed Asset Management
  • Inventory Management
  • Invoice Processing
  • Purchase Order Management
  • Receiving/Putaway Management
  • Requisition Management
  • Sourcing Management
  • Spend Management
  • Supplier Management

View full list of Procurement Software

  • Change Management
  • Compliance Management
  • Cost Tracking
  • Design Management
  • Document Management
  • Product Data Management
  • Project Management
  • Requirements Management
  • Supplier Management

View full list of Product Lifecycle Management Software

  • Automated Scheduling
  • Capacity Planning
  • Change Management
  • MRP
  • Quality Management
  • Scheduling
  • What-if Analysis

View full list of Production Scheduling Software

  • Compliance Management
  • Contract Management
  • Inventory Management
  • Invoice Processing
  • Purchase Order Management
  • Requisition Management
  • Sourcing Management
  • Spend Management
  • Supplier Management

View full list of Purchasing Software

Deltek Costpoint Alternatives

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Deltek Costpoint Reviews

Showing 5 of 189 reviews

Overall
4/5
Ease of Use
3.8/5
Customer Service
4/5
Features
3.9/5
Value for Money
3.8/5
Verified Reviewer
Network Control Tech
Defense & Space, 51-200 Employees
Used the Software for: 2+ years
  • Overall Rating
    5/5
  • Ease of Use
    5/5
  • Features & Functionality
    5/5
  • Customer Support
    5/5
  • Value for Money
    5/5
  • Likelihood to Recommend
    10/10
  • Reviewer Source 
  • Reviewed on 12/08/2018

"Simple software everyone understands"

Comments: Deltek helps us take care of our timesheets in short order, with very helpful search and report functions to boot.

Pros: I always like how easy it is to use. I create favorites so I don't even have to search for the right codes - they're just right there. And the web pages load very quickly on our awful work computers!

Cons: Depending on how your company set it up, it can be confusing to find your codes initially... but all they have to do is give them to you and then it's super easy.

  • Reviewer Source 
  • Reviewed on 12/08/2018
Juliana L.
Director of Finance
Aviation & Aerospace, 51-200 Employees
Used the Software for: 1-5 months
  • Overall Rating
    4/5
  • Ease of Use
    1/5
  • Features & Functionality
    4/5
  • Customer Support
    5/5
  • Value for Money
    3/5
  • Likelihood to Recommend
    6/10
  • Reviewer Source 
  • Reviewed on 19/11/2019

"Costpoint"

Comments: This was a lot more time consuming to implement. Other softwares we surveyed before going with CP had a tool that would export our data from quick books into their system. Not sure why CP doesn’t have this feature.

Pros: The reporting feature. We really liked the cognos relationship, and the ability to export directly to excel as well as upload from excel.

Cons: The revenue to income statement. I have never worked with an accounting system where once I created and posted an invoice, the total revenue for that product on the income statement is different then what was billed. I do not understand why I have to tell my system to recognize or “pick up” my revenue. It’s redundant and causes a lot of headaches.

  • Reviewer Source 
  • Reviewed on 19/11/2019
Ruby L.
Administrator
Banking, 10,000+ Employees
Used the Software for: 2+ years
  • Overall Rating
    3/5
  • Ease of Use
    3/5
  • Features & Functionality
    3/5
  • Customer Support
    3/5
  • Value for Money
    5/5
  • Likelihood to Recommend
    7/10
  • Reviewer Source 
  • Reviewed on 30/09/2018

"Deltek Review"

Comments: It is an ok system overall but there needs to be a huge update to the system to compete with it's competitors. The strong point is that most government contractor are using Deltek Time and Attendance since it is engineered for this industry so people are more likely to get the HRIS system to integrate easily with timesheets.

Pros: The system has a pretty easy interface to enter in basic information such as personal information, checking, tax information, and updating benefits. The ESS system once setup, it is pretty great for the employees as they can choose benefits through open enrollment, update tax information and update their address information. The reporting is simple for standard reports and can be easily pulled in excel format so you are able to manipulate the spreadsheets.

Cons: The software is very outdated and has not been updated in several years. Other systems are light years ahead of this system as it looks like it is from the 1990's. The custom reporting is very clunky and hard to create any of these reports as there are many files to look into and no intelligent search functions. You can only pull the reports in excel format so there not other options such as CSV and PDF. The ESS section is also out of date and not very integrative to the HRIS system. The setup for benefits, tax and validations tables in the back end of the system is hard to recognize and makes it harder for complete setup. There is ACA integration as well and it makes it hard that you have to click on separate sections of the screen to look at information rather than clicking one repository to reach all of the information.

  • Reviewer Source 
  • Reviewed on 30/09/2018
Sandra O.
BRM
Military, 501-1,000 Employees
Used the Software for: 2+ years
  • Overall Rating
    4/5
  • Ease of Use
    5/5
  • Features & Functionality
    3/5
  • Customer Support
    5/5
  • Value for Money
    3/5
  • Likelihood to Recommend
    6/10
  • Reviewer Source 
  • Reviewed on 19/11/2019

"Costpoint from BRM viewpoint"

Comments: Great software overall

Pros: Ease to learn and easy to use screen and download data

Cons: Incomplete error messages and missing edits.

  • Reviewer Source 
  • Reviewed on 19/11/2019
Jade M.
PROCUREMENT MNGR
Mechanical or Industrial Engineering, 201-500 Employees
Used the Software for: 1+ year
  • Overall Rating
    5/5
  • Ease of Use
    5/5
  • Features & Functionality
    5/5
  • Customer Support
    5/5
  • Value for Money
    Unrated
  • Likelihood to Recommend
    10/10
  • Reviewer Source 
  • Reviewed on 19/11/2019

"COSTPOINT IS PRETTY AWESOME"

Comments: After using it for over a year, I am noticing that a lot of the processes are streamlined which helps with accurate accounting of POs and the information stored for vendors.

Pros: I like the fact that their interfaces are able to communicate with each other. I also like the ease of use when using the software. It is honestly cut an dry and if you have used various SAP before, you should not have an issue with this one. I transitioned from the US Army using GCSS-Army and the interfaces in costpoint were virtually the same.

Cons: I like the software, but my company does not or wants to ay for all the modules needed, so I feel as though I cannot use Costpoint to its full potential as I feel it can be used. I hope after this conference I am able to go back to my Company's President and change his mind.

  • Reviewer Source 
  • Reviewed on 19/11/2019