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

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Deltek Costpoint pricing overview

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


Free Version

No

Free Trial

Yes

Deltek Costpoint deployment and support

Support

  • 24/7 (Live Rep)
  • Business Hours
  • Online
  • Not Offered

Deployment

  • Installed - Mac
  • Cloud, SaaS, Web
  • Installed - Windows
  • Mobile - iOS Native
  • Mobile - Android Native

Training

  • In Person
  • Live Online
  • Webinars
  • Documentation

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

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View full list of ERP Systems

  • 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
  • Inventory Management
  • Order Management
  • Quality Management
  • Supplier Management
  • Supply Chain Management
  • Traceability

View full list of Manufacturing Execution Software

  • Accounting Integration
  • ERP
  • MES
  • Maintenance Management
  • Material Requirements Planning
  • 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
  • Material Requirements Planning
  • 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

More Deltek Costpoint alternatives

Deltek Costpoint Reviews

Read all reviews

Overall rating

4/5

Average score

Ease of Use 3.8
Customer Service 4
Features 3.9
Value for Money 3.8

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Verified Reviewer
Contracts & Subcontracts Lead
1,001-5,000 Employees
Used the Software for: 2+ years
  • Overall Rating
    5 /5
  • Ease of Use
    4 /5
  • Features & Functionality
    4 /5
  • Customer Support
    4 /5
  • Value for Money
    4 /5
  • Likelihood to Recommend
    8/10
  • Reviewer Source 
  • Reviewed on 24/10/2017

"Use daily reports work well"

Comments: Just in time reporting

Pros: It combines accounting and contracts. Easy to use and run reports and pull data from system. Love the real-time reporting

Cons: The contracts model needs more attention. It could be more robust. It is really not functional out of the box

  • Reviewer Source 
  • Reviewed on 24/10/2017
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
Nastazija B.
Linguist
Government Relations, 501-1,000 Employees
Used the Software for: 1+ year
  • Overall Rating
    5 /5
  • Ease of Use
    3 /5
  • Features & Functionality
    4 /5
  • Customer Support
    Unrated
  • Value for Money
    Unrated
  • Likelihood to Recommend
    7/10
  • Reviewer Source 
  • Reviewed on 24/09/2020

"Not a big fan of this program"

Pros: Accessible (once you have your credentials) from any computer. Easy to track your hours worked and if they were approved or not. Also the feature of used/unused leave balance is really helpful.

Cons: If you are not assigned to a project for a while, the whole access needs to be reset by HR, which is completely unnecessary. It is a bit annoying that every time you put in your hours worked you have to save the changes otherwise if you sign out and sign back in from another device you have to start all over. If HR has not uploaded the correct project code - you can't put any hours in at all. If you need to make changes of the hours worked, it is a hassle, because it's throwing error messages all over.

  • Reviewer Source 
  • Reviewed on 24/09/2020
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
Ray V.
Systems Engineer
Information Technology & Services, 10,000+ Employees
Used the Software for: 2+ years
  • Overall Rating
    5 /5
  • Ease of Use
    5 /5
  • Features & Functionality
    5 /5
  • Customer Support
    Unrated
  • Value for Money
    Unrated
  • Likelihood to Recommend
    10/10
  • Reviewer Source 
  • Reviewed on 29/09/2020

"Easy Timecards"

Comments: Overall, I've been very pleased in my experience with the software. Entering my time is easier than software used in my last job, and corrections are easier to make. My time cards have been easy to read and understand when going back to review them!

Pros: This software allows a user to easily access their timecards and log their time. Saving favorite codes for items such as contracts worked, favorites, leave, etc. is a breeze.

Cons: I haven't encountered any issues thus far. There can be an overwhelming number of time codes depending on the company you work for.

  • Reviewer Source 
  • Reviewed on 29/09/2020