Deltek Costpoint Software


 

Deltek Costpoint is an enterprise resource planning (ERP) and management solution designed to meet the requirements of midsize and large enterprise businesses. The solution primarily assists government contractors, professional service firms, and not-for-profit businesses with project management, accounting, labor and material management and business intelligence functionalities.

Costpoint is available as both web-based and on premise application. The solution helps to streamline processes like project billing, revenue management, expense tracking and compliance management, enabling businesses to monitor all operations through a single screen. The budgeting & planning module helps in building project budgets and EACs. Costpoint compares the actual project progress against the planned schedule and highlights the achievements and pain points. The "What-If" analysis helps to analyze multiple outcomes of same situations under different circumstances.

Some of the other features include time & expense management, contract management, payroll management, reporting and compliance management. Costpoint is used in the variety of industry verticals, including aerospace and defense, high-tech, healthcare, nonprofit and education.

 

Deltek Costpoint - Business Intelligence
 
  • Deltek Costpoint - Business Intelligence
    Business Intelligence
  • Deltek Costpoint - Cost pools
    Cost pools
  • Deltek Costpoint - Multi-level WBS
    Multi-level WBS
  • Deltek Costpoint - Project Costing
    Project Costing
  • Deltek Costpoint - Purchasing
    Purchasing
  • Deltek Costpoint - Time Sheet
    Time Sheet
Supported Operating System(s):
Windows 7, Windows Vista, Windows 8

46 Reviews of Deltek Costpoint

Showing 1-20 of 46

 

Start your review of Deltek Costpoint

Click to start
http://www.softwareadvice.com/erp/deltek-costpoint-review/

Pauline from Quadel Consulting
Specialty: Other
Number of employees: 51-200 employees Employees number: 51-200 employees

April 2017

April 2017

Making Financial Reporting Easier

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

It suits our company's current need as an accounting system

Pros

Accuracy of reports and they being delivered in a timely manner is addressed. When you need to print reports for a board meeting, it is key strokes away

Cons

Reports cannot be converted to excel files easily. One has to print the reports in PDF then convert outside of costpoint into excel. Not very user friendly.

 
 

Barbara from DeerCreek LLC
Specialty: Telecommunications
Number of employees: 11-50 employees Employees number: 11-50 employees

February 2017

February 2017

Controller

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Costpoint is a dynamic system with many features that are automated. We use it for not only our accounting system, but also our budgeting and reporting. It is complex and able to do many things, but the right people must be in place to ensure the system works for you and is used to it's fullest. We are only using some of the capabilities of the system, and have only started to unlock all the possibilities of the system 2 years into implementation.

 
 

wilson from moja kutsuma general trading
Specialty: Industrial Machinery & Equipment
Number of employees: 1 employee Employees number: 1 employee

February 2017

February 2017

management

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

I know however to manage products we're you delivered

Pros

I want to distribution

Cons

Transportation of logicst

Advice to Others

I request you give me advice me where are you going to start my business about yourself software because my company is too small no income always zero point zero plz help me

 
 

zhi from AccessAgility, LLC
Specialty: Telecommunications
Number of employees: 11-50 employees Employees number: 11-50 employees

February 2017

February 2017

good for big project driven companies

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

CostPoint have many great functions, where you can track your expense, revenue at the different project level. In addition, the built-in formula format allows you to follow different rules.

Pros

Software drills into the detail of each project and each labor. It allows you to have more thoroughly analysis of your project.

Cons

Kinda of over complicated to small/medium size company.

Advice to Others

develop a version, simpler and cheaper product for small/medium size company.

 
 

Scott from Interclypse, Inc
Specialty: Software / Technology
Number of employees: 11-50 employees Employees number: 11-50 employees

January 2017

January 2017

Too expensive for a Small Business

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

I just completed the demo of the Deltek CostPoint SaaS offering. The product looks great and would probably be of great help to my business, but is ridiculously overpriced. CostPoint is priced based on the number of employees. For 60 employees, I was told I would have to pay a high annual fee that does not include add-ons. NOTE: This is sold as a SaaS solution, but Deltek requires the entire annual fee up front. In addition, I was told that the setup, data migration, and training would be handled by a 3rd party via a T&M contract and typically costs 1.5 times the annual fee. This is not a solution for a small business.

Advice to Others

Stick with QuickBooks as long as you can.

 
 

S from FHI360
Specialty: Software / Technology
Number of employees: 1,001-5,000 employees Employees number: 1,001-5,000 employees

November 2016

November 2016

Ease of Use and Flexibility through Extensibility

Ease-of-use

Functionality

Product Quality

Customer Support

Our company implemented a suite of products including Costpoint and Time and Expense approximately 3 years ago. After seeing applied changes and specific product roadmaps at Deltek Insight 2016, I'm excited about the direction of system improvements and enhancements to functionality and features that are either a reality now or coming in the very near future!

Advice to Others

Make sure that you do an internal assessment of how ready your company is for change as this will facilitate knowing when it's a business process decision versus a system design or configuration topic (consulting hours are precious); dedicate resources for change management, marketing/communication and training and ensure that Executive Management is not only tuned in, but engaged throughout the process.

 
 

Sean from Chenega
Specialty: Other
Number of employees: 1,001-5,000 employees Employees number: 1,001-5,000 employees

November 2016

November 2016

ERP excellence

Ease-of-use

Functionality

Product Quality

Customer Support

Deltek's Costpoint is a leader in project based accounting. I have supported this produst both from a functional and technical standpoint for 15 years and it has few competitors that can outshine it.

Pros

Ease of access.
Multicompany project based.
Easy to configure and use.

Cons

Expensive
Technically very complex

 
 

Kathleen from Noblis, Inc.
Specialty: Other
Number of employees: 501-1,000 employees Employees number: 501-1,000 employees

November 2016

November 2016

Deltek Costpoint Ease of Use

Ease-of-use

Functionality

Product Quality

Customer Support
N/A

Our company converted to Deltek Costpoint over a year ago. After using Oracle for 15 years, it was a bit overwhelming. However, it did not take long to get into the swing of things.

 
 

Lane from Companion Data Services, LLC
Specialty: Software / Technology
Number of employees: 201-500 employees Employees number: 201-500 employees

November 2016

November 2016

New to Costpoint

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

System is easy to use, but care needs to be taken that when setting up the system, all steps need to be followed. It allows steps to be input even if they are not according to processes. Training is highly recommended.

Pros

Easy to use. Works well with projects and accounting.

Cons

Easy to break if you aren't careful.

Advice to Others

Spend the time upfront training your staff. It pays off in a big way later.

 
 

Kimra from Fluor Federal Solutions
Specialty: Construction & Engineering
Number of employees: 501-1,000 employees Employees number: 501-1,000 employees

November 2016

November 2016

Costpoint

Ease-of-use

Functionality

Product Quality

Customer Support

Costpoint is tailored to meet the needs of a government contractor which is a huge improvement over other enterprise systems. Most of the complaints from auditors regarding other systems are solved with Costpoint.

 
 

Teresa from Fluor Government Group
Specialty: Construction & Engineering
Number of employees: 10,000+ employees Employees number: 10,000+ employees

November 2016

November 2016

Good ERP for Government Project Management

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Costpoint has the features needed to easily manage government projects as well as provide the accounting functions to comply with various regulatory agencies. HR and Payroll are robust enough to handle the various taxing authorities, certified payroll and union regulations.

Pros

Highly configurable, excellent integration with other systems.

Cons

Can be buggy at times. Inconsistency in UI functions.

 
 

David from CGI Federal
Specialty: Professional Services
Number of employees: 5,001-10,000 employees Employees number: 5,001-10,000 employees

November 2016

November 2016

Reliable product from a reliable company

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Having used Costpoint and Time & Expense since 2008, I'm comfortable and confident with the breadth of the tools' functionality, as well as the critically important support provided by Deltek.

Pros

I most appreciate the stability of the processes built into the products.

Cons

As the products have evolved, they've unavoidably become complex, which makes for a large amount of details with which to become familiar.

Advice to Others

Read the application documentation within the tools, and reach out to Deltek support for advice.

 
 

Randy from Unisys Corporation
Specialty: High Tech
Number of employees: 10,000+ employees Employees number: 10,000+ employees

November 2016

November 2016

Costpoint 711

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

8+ years using Costpoint & TE for Government Contractor work

Pros

Extensibility features; web services for integration; same look & feel for both CP & TE

Cons

patching and impact on regression tests

Advice to Others

be creative

 
 

Joy from Space Telescope Science Institute
Specialty: Non-Profit
Number of employees: 501-1,000 employees Employees number: 501-1,000 employees

November 2016

November 2016

Been using Deltek since 1999

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

We have had some recent not so positive experience with Support - being told for almost everything to apply the latest patches when they can't show us where in the patches it is going to fix our problem is not encouraging. After working through all the Hot Fix applications - we still have the problem - so, being to to apply them did not help. (Just a bit discouraging.)

Pros

We love the Web version and capabilities - looking forward to Extensibility

Cons

Changing support staff, getting someone from the other side of the world and having to wait until the next evening to get a call back.

 
 

Kalin from Willdan Group, Inc.
Specialty: Construction & Engineering
Number of employees: 501-1,000 employees Employees number: 501-1,000 employees

November 2016

November 2016

Best experience

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

I can not recall a time we have reached to Deltek Support and have not gotten the best experience. My reps are just a joy to work with and very knowledgeable about every aspect of the system. From the whole Willdan Group Team, we would like to thank you all for your continuous support and great attitude.

 
 

Wendy from ICF
Specialty: Other
Number of employees: 5,001-10,000 employees Employees number: 5,001-10,000 employees

November 2016

November 2016

CostPoint is very user friendly

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

I have used CostPoint for years and have found that of all of the different payroll software's (SAP, Peoplesoft, Lawson) it is the most user friendly. The time and payroll modules are laid out in a way that makes training very easy.

 
 

Wendy from Kingfisher Systems Inc
Specialty: Accounting / CPA
Number of employees: 201-500 employees Employees number: 201-500 employees

November 2016

November 2016

Review of costpoint

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Great product. Have been using since 2006 and will recommend to my colleagues or anyone looking to get a government contracting software. Great for mid size to large government contractors. I have been using since 2006 and have been impressed with the upgrades each year. Will recommend highly.

Pros

Functionality and ease of use

Cons

None

Advice to Others

Great product to use. The best government contracting software out there.

 
 

Graham from The RMH Group
Specialty: Construction & Engineering
Number of employees: 51-200 employees Employees number: 51-200 employees

November 2016

November 2016

Costpoint Review v.3

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

As a new user to Costpoint, I have been impressed by the depth of the Costpoint product and it's capabilities. We have barely begun to scratch the surface of the capabilities of the product, but it currently handles all of our projects and proposals and is the heartbeat of our business.

Pros

Depth of product
Customer support is great

Cons

Finding where data lives in the database can be tough

Advice to Others

This product can do everything you need it to do and more. In fact if there is a downside it is that ti is too big and too deep for what a company may need.

 
 

Yolanda from Chenega Corporation
Specialty: Other
Number of employees: 501-1,000 employees Employees number: 501-1,000 employees

November 2016

November 2016

Cost Point 7

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

i really like the system but I would like to run the reports in excel.

 
 

David from LMI
Specialty: Software / Technology
Number of employees: 1,001-5,000 employees Employees number: 1,001-5,000 employees

November 2016

November 2016

Costpoint AP and PO

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Costpoint is great for GovCon project based companies, particularly in using it's PO modules.

 
 
 
Write a Review