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What Is Deltek Costpoint?

Deltek Costpoint is an ERP and accounting solution for Government Contractors with 98% of the top 50 firms trusting Costpoint for project accounting, contracts management, real-time analytics and reporting. Costpoint provides a means to implement Federal Acquisition Regulations (FAR) and DFARS compliant financial accounting and procurement process including support for MMAS requirements and DPAS ratings, ensuring streamlined DCAA or DCMA audits.

Who Uses Deltek Costpoint?

Not provided by vendor

Deltek Costpoint Software - Contract Management
Deltek Costpoint Software - Costpoint Manufacturing
Deltek Costpoint Software - Costpoint Procurement
Deltek Costpoint Software - Project Accounting
Deltek Costpoint Software - Project Management

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Reviews of Deltek Costpoint

Average score

Overall
4.0
Ease of Use
3.7
Customer Service
4.0
Features
3.9
Value for Money
3.8

Reviews by company size (employees)

  • <50
  • 51-200
  • 201-1,000
  • >1,001
Verified Reviewer
Verified LinkedIn User
Military, 5,001–10,000 Employees
Used the Software for: 2+ years
Reviewer Source

Easy-to-use program for tracking hours worked.

5.0 3 years ago

Comments: 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.

Phil
SQL DBA \ ERP Administrator in US
Oil & Energy, 1,001–5,000 Employees
Used the Software for: 2+ years
Reviewer Source

Deltek Costpoint 8.1

4.0 11 months ago

Comments: 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.

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.

Katie
Deputy Manager in US
Aviation & Aerospace, 201–500 Employees
Used the Software for: 2+ years
Reviewer Source

Deltek Costpoint-very user friendly!

5.0 2 months ago New

Comments: We are happy with Costpoint after using it for various years.

Pros:

Our team loves how user friendly it is and that it's easy to navigate. I started working at my company in 2019 and have been using it ever since. I also know there are so many other modules I have the ability to learn how to use.

Cons:

The search features can be a little tricky at times and there can be a slight learning curve if a user isn't familiar.

james
purchaser in US
Aviation & Aerospace, 501–1,000 Employees
Used the Software for: 2+ years
Reviewer Source
Source: SoftwareAdvice

COSTPOINT IS LAZY AND STUPID

1.0 6 years ago

Comments: There is not a day that goes by that I am not pissed off at this software. It's 10:00 A.M and I have stopped working to come here and post about how awful cospoint is. Example: While creating a Purchase order costpoint tells me there are 10 PR's total for the PO. I continue to the PO and start pluggin in the information and realize there are only 9. What hapenened? Did I do something wrong? So I go back to create the PO and run it again and it says that 1 is processed. No problem right? sure, but this kind of thing happens all the time. Why would software only do part of a task? why does it get lazy and decide it doesn't want to do it. This happens all the time and it isn't always so simple. This can cause huge problems on a larger PO. Another example I am going through right now is when costpoint is assigning PO's it will do it with multiple people so someone cannot use it. They won't know until later when they open the PO that it was assigned to someone else and have to back out everything they did and start over. I have to back out 30 PR's right now but wanted to say how absolutely awful this software is. If you are working you need to save after each thing you do or every couple things. yyou can't just work through something and hit save at the end because you will confuse cospoint and it will generate an error. then you have to refresh the screen thus losing all data input and start over again. you have to realize that cospoint is lazy and stupid and you have to work with it slowly to avoid doing things twice. This is the worst software I have worked with for inventory and everyone I work with will agree across all departments. It is like an ongoing joke. I left working for my current employer and then returned a few years later and when I returned I realized I had forgotten what a piece of crap costpoint was and should have held out for more pay due to having to deal with it again. It will put you in a situation where you will look like you made a mistake countless times. It will create more work for you over and over again.

Pros:

There really isn't much that I like about costpoint except that it is an online database that can be accessed from the internet instead of being hosted on a server at the company. however this also limits it as well so I remain neutral on anything positive. Over several years of working with it my hatred of the software has grown to the point of me not seeing any thing really that good about it. It completes tasks sometimes.... which is unacceptable. it should complete them all the time.

Cons:

You cannot work fast and have to save often because the program will get confused if you do too much at one time. It creates extra workload due to the time it takes to undo the problems that it created. program seems to be lazy and does tasks intermittently. When you click the save button it is like a gamble as to whether or not it will carry out the task. it will assign key tracking numbers to multiple people at the same time without the users knowing and they will have to back out all their data.

Hosan
Senior Accountant in US
Government Administration, 201–500 Employees
Used the Software for: 2+ years
Reviewer Source

Reliable and consistent

5.0 4 months ago

Comments: I started using Deltek costpoint since 2019 and I use it daily. Most of the features on Deltek is intuitive and easy to use. When transferring data from Deltek to Excel, it is easy to transfer.

Pros:

Customer service. Especially zoom meeting to resolve issues. Transferring information from the software to excel in an easy manner.

Cons:

Frequent update regarding software upgrade.