Is Deltek Costpoint right for your business?

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  • Accounting
  • Best For All Business Sizes
  • Supports Multiple Platforms

what reviewers say

  • Good value for money
  • Great ease of use
  • Great functionality
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What is Deltek Costpoint?

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 ... read more

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User Review Highlights

3.97

197 Reviews

5
67
4
90
3
20
2
7
1
13
4

Ease-of-use

out of 5
4

Customer Support

out of 5
3.5

Value for money

out of 5
4

Functionality

out of 5
  • icon"Highly configurable, excellent integration with other systems."
  • icon"Ease of movement around system. The query function is a great way to filter info."
  • icon"Easy of use and love the ability to copy into excel. So much easier now than in the old CP versions."
  • icon"It would make a one stop location to have all the information in one place compared to opening up other tabs to trying to locate your balances."
  • icon"Reporting Feature a little difficult for me to manage."
  • icon"The system takes a long time to learn and is difficult to navigate."

Read user reviews

Which features does Deltek Costpoint offer?

Core features:

"What If" ScenariosAccountingAccounting IntegrationAccounts PayableAccounts ReceivableApproval Process ControlArchiving & RetentionAudit ManagementAudit TrailAutomated SchedulingShow more features +

People who reviewed this software give it a 4 star rating for functionality.

How easy is Deltek Costpoint to use and deploy?

Deltek Costpoint supports all deployment options, including: Cloud, SaaS, Web-based, iPhone, iPad, Android, Windows, Linux, Windows, Mac.

People who reviewed this software give it a 4 star rating for ease-of-use.

What do verified users say about Deltek Costpoint

3.97/5 out of 197 Reviews

Showing 1 - 5 of 197 reviews

Anonymous

Company size: 5,001-10,000 employees

Time used: More than 2 years

Review Source: Capterra

This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
5

Ease-of-use

out of 5
5

Functionality

out of 5

November 2021

Easy-to-use program for tracking hours worked.

I used this program daily to track my hours worked for each pay period. It was pretty easy to use and did not take much time out of my day.

Pros

This program was very simple to use to track your hours worked. It was efficient, easy, and did not take much time to learn or to use it daily.

Cons

I cannot think of anything specific that I disliked about this program.

Juliana

Company size: 51-200 employees

Industry: Aviation & Aerospace

Time used: Less than 6 months

Review Source: Capterra

This review was submitted organically. No incentive was offered
1

Ease-of-use

out of 5
3

Value for money

out of 5
5

Customer support

out of 5
4

Functionality

out of 5

November 2019

Costpoint

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.

Reasons for choosing Deltek Costpoint

Because of the partnership with COGNOS

Reasons for switching to Deltek Costpoint

Unable to handle complex project setup requirement

Ruby

Company size: 10,000+ employees

Industry: Banking

Time used: More than 2 years

Review Source: Capterra

This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
3

Ease-of-use

out of 5
5

Value for money

out of 5
3

Customer support

out of 5
3

Functionality

out of 5

September 2018

Deltek Review

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.

User Profile

Tina

Verified reviewer

Company size: 10,000+ employees

Industry: Defense & Space

Time used: More than 2 years

Review Source: Capterra

This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
4

Ease-of-use

out of 5
3

Functionality

out of 5

December 2018

Easy-to-use but doesn't work for every situation

Pros

I use costpoint daily at my job and the software is very easy to navigate. I have no issues searching for BOMs (Bill of Materials) and costpoint interacts relatively seamlessly with the systems that we use for engineering drawings and shop floor instructions.

Cons

A lot of the materials in the BOMs seem to be controlled by effectivity dates. This may work well for companies that have interchangeable parts with planned obsolescence dates, but the industry I work in has variable production schedules where it'd be preferable to control materials by engineering drawing effectivity.

Kent

Verified reviewer

Company size: 10,000+ employees

Industry: Defense & Space

Time used: More than 2 years

Review Source: Capterra

This review was submitted organically. No incentive was offered
4

Ease-of-use

out of 5
4

Value for money

out of 5
4

Customer support

out of 5
4

Functionality

out of 5

March 2019

Deltek

Pros

Deltek Costpoint is a great software tool to manage parts, inventory, finances and cost reports. It is very easy to use if you are aware that the first priority of Costpoint is a financial tool. It is customizable to link to other software for ERP and MES solutions.

Cons

There is a dedicated support team, but for an enterprise solution there aren't many options for individual sites.

Showing 1 - 5 of 197 reviews

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