Deltek Costpoint 2026: Benefits, Features & Pricing

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Overview
Pricing and Plans
Features
Integrations
User Reviews

Overview

Deltek Costpoint

4.0

(213)

Pricing

Pricing available upon request

About 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 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-tec...

Deltek Costpoint Screenshots

Deltek Costpoint Pricing and Plans

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Deltek Costpoint Features

Popular features found in Enterprise Resource Planning
Accounting
Billing & Invoicing
Business Process Automation
CRM
HR Management
Inventory Management
Order Management
Project Management
Purchase Order Management
Reporting/Analytics
Supply Chain Management
Task Management
More features of Deltek Costpoint
Accounting Integration
Accounts Payable
Accounts Receivable
Activity Dashboard
Approval Process Control
Archiving & Retention
Audit Management
Audit Trail
Automated Scheduling
Bank Reconciliation
Bills of Material
BOM Creation
Budgeting/Forecasting
Budget Management
Business Intelligence
Business Process Control
Capacity Planning
Cash Management
Code Enforcement
Collaboration Tools
Compliance Management
Compliance Tracking
Consolidation/Roll-Up
Contract/License Management
Contractor Database
Cost Estimating
Customizable Fields
Distribution Management
Document Management
ERP integration
Expense Tracking
Financial Management
Financial Reporting
Fixed Asset Management
Forecasting
For Government
For Nonprofits
Fund Accounting
General Ledger
Income & Balance Sheet
Integrated Business Operations
Invoice Processing
Item Management
Job Management
Maintenance Management
Maintenance Scheduling
Manufacturing Planning
Material Requirements Planning
MES
Mobile App
Mobile Receipt Upload
Multi-Company
Multi-Currency
Multiple Projects
Payroll Management
Portfolio Management
Predictive Analytics
Production Scheduling
Profit/Loss Statement
Project Accounting
Project Costing
Project Planning/Scheduling
Project Tracking
Purchasing & Receiving
Qualification Tracking
Quality Management
Quotes/Estimates
Real-Time Data
Receipt Management
Receiving
Reimbursement Management
Remote Access/Control
Reporting/Project Tracking
Requisition Management
Resource Management
Risk Management
Safety Management
Self Service Portal
Shipping Management
Sourcing Management
Spend Control
Spend Management
Subcontractor Monitoring
Supplier Management
Taxation & Assessment
Tax Management
Third-Party Integrations
Time & Expense Tracking
Timer
Time Tracking
Traceability
Transaction Management
Visual Analytics
Warehouse Management
Web-based Deployment
"What If" Scenarios
Workflow Management
Work Order Management

Deltek Costpoint Integrations

Deltek GovWin IQ

Deltek Costpoint User Reviews

Overall Rating

4.0

Ratings Breakdown

34%

45%

10%

Secondary Ratings

Ease of Use

3.7

Value for money

3.8

Customer support

4.0

Functionality

3.9

Philip B.

Verified reviewer

Defense & Space

10000+ employees

Used daily for more than 2 years

Review source

Reviewed October 2022

Deltek Costpoint

It gets the job done for my role within the company. It is good for timekeeping tracking as well to split across projects.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

It can be used with third party systems to manage expenses and payments.

Cons:

It does not produce the best reporting of amounts when there are negative entries.

Jamie N.

Verified reviewer

Information Technology and Services

51-200 employees

Used daily for less than 12 months

Review source

Reviewed September 2022

Cumbersome

Overall, I wish the system retained it's functionality with an easier to use interface. The reporting in the Costpoint system should be more customizable without having to be a report writer and be forced to use the business intelligence module to build reports from the ground up.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The system can do almost anything you want it to in terms of setup. There are more options and specifications than any one company could ever need or want.

Cons:

Because the system is so customizable from an admin side, it becomes very cumbersome. A single update needs to be made in multiple screens in order for it to show up everywhere and be accessible to everyone. The User Interface is complicated for everyday users and troubleshooting issues is difficult and time consuming because of all the areas where there could be an issue.

Reasons for choosing Deltek Costpoint

Industry standard

Reasons for switching to Deltek Costpoint

Looking for an all in one solution for time and expense along with financials.

Kent D.

Verified reviewer

Defense & Space

10000+ employees

Used daily for more than 2 years

Review source

Reviewed March 2019

Deltek

Previously 5

Ratings Breakdown

Ease of use

Previously 5

Value for money

Customer support

Functionality

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.

Phil L.

Verified reviewer

Oil & Energy

1001-5000 employees

Used daily for more than 2 years

Review source

Reviewed August 2023

Deltek Costpoint 8.1

Deltek Costpoint is our corporate Enterprise Resource Planning system, as well as our primary Business Intelligence tool for Accounting, Financial, and Project Status reporting. There are also flexible options for implementing security, both at the user level as well as the user group level.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Extensive number of fields available for entering data, highly normalized database structure, Project-based accounting, ability to customize product using built-in Extensibility. Costpoint can be integrated with other products by using the built-in Web Services tool, as well as a number of data pre-processors.

Cons:

Some aspects of product are not intuitive. Some processes can take considerable time to complete. Recent version upgrades have been buggy, sometimes containing new bugs that were not present in previous versions. It can take considerable time for bug fixes to be released.

Reasons for switching to Deltek Costpoint

To meet the needs of upcoming business in the government sector.

Juliana L.

Verified reviewer

Aviation & Aerospace

51-200 employees

Used daily for less than 6 months

Review source

Reviewed 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.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

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

Jacqueline A.

Verified reviewer

Hospital & Health Care

1001-5000 employees

Used daily for less than 2 years

Review source

Reviewed October 2024

Deltek Costpoint for Timekeeping at Work

Deltek Costpoint has streamlined the process my company uses for time tracking work and for leave requests. It has improvements from the previous Deltek software the company previously used. This version is good for usage overall as it allows time keeping for hour worked as well as time off requests.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

When logging in to Deltek Costpoint, it is easy to log in as your username is saved and it does not require a password entry. It is one less step to complete when trying to sign in for work.

Cons:

I must refer to the user manual each time I enter a leave request. It is difficult to remember where to access the information. The dashboard labels for the function are not intuitive for the user.

Aretezia H.

Verified reviewer

Government Relations

5001-10000 employees

Used daily for more than 2 years

Review source

Reviewed January 2025

One stop shop for timekeeping

I like costpoint overall. I’ve never had any major issues. The reporting feature is fantastic.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

I like the features of recording time for payroll and the ability to view leave balance and submit leave requests

Cons:

I do not like the interface when approving timesheets

Joyce O.

Verified reviewer

Information Technology and Services

51-200 employees

Used daily for less than 2 years

Review source

Reviewed October 2024

Deltek Costpoint - integrated and a promising SAAS

With my 3yrs of experience using costpoint, I am very satisfied that it doesn't require too much intervention from the Deltek Team.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

It is an all-in-one HRIS/Accounting software

Cons:

The user interface is not so friendly. There are some modules that you have to take courses to understand and use.

Mitchell C.

Verified reviewer

Defense & Space

5001-10000 employees

Used daily for less than 12 months

Review source

Reviewed February 2025

Costpoint, not the best for an overall time management program.

I had a decent experience with costpoint, I just remember it being hard to navigate and frustrating at times.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The ability to clock in to exactly which job your working on.

Cons:

The complication of browsing the site and finding things I needed.

Rayhann K.

Verified reviewer

Defense & Space

10000+ employees

Used weekly for less than 12 months

Review source

Reviewed November 2024

Deltek Review

Ratings Breakdown

Ease of use

Functionality

Pros:

In my experience, I think one of things I like about Deltek is that it "stops" you from revising previous work without a reason. I think that's incredibly important for the employer.

Cons:

One thing I don't like about Deltek is how specific it is. At least in my experience, it doesn't allow up to two decimal points on the timesheet. This normally wouldn't be a problem, but whenever I track it, it would tell me that it can't track it because it differs from what I put in. For instance, if I worked 7.75 hours, I would try to track it as 7.7 or 7.8, but it won't accept it.

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