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Costpoint

Who Uses Costpoint?

Project-Based Businesses

What Is 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.

Costpoint Details

Deltek, Inc.

https://www.deltek.com/en

Founded 1983

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

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Starting price

N/A
USD 499.00/month
N/A
USD 20.00/month

Free Version

Free Version No
Free Version No
Free Version No
Free Version Yes

Free Trial

Free Trial Yes
Free Trial No
Free Trial No
Free Trial Yes

Costpoint deployment and support

Support

  • 24/7 (Live rep)
  • Chat

Deployment

  • Cloud, SaaS, Web-based
  • Mac (Desktop)
  • Windows (Desktop)
  • Windows (On-Premise)
  • Linux (On-Premise)
  • Android (Mobile)
  • iPhone (Mobile)
  • iPad (Mobile)

Training

  • In Person
  • Live Online
  • Webinars
  • Documentation

Costpoint Features

  • API
  • Access Controls/Permissions
  • Accounting
  • Accounts Payable
  • Accounts Receivable
  • Activity Dashboard
  • Activity Tracking
  • Approval Process Control
  • Audit Management
  • Audit Trail
  • Automatic Billing
  • Bank Reconciliation
  • Billing & Invoicing
  • Budgeting/Forecasting
  • CPA Firms
  • Compliance Management
  • Credit Card Processing
  • Document Storage
  • Expense Claims
  • Expense Tracking
  • Financial Management
  • Financial Reporting
  • Fixed Asset Management
  • For Government
  • Fund Accounting
  • General Ledger
  • Income & Balance Sheet
  • Inventory Management
  • Inventory Tracking
  • Invoice Management
  • Mobile Access
  • Multi-Currency
  • Multi-Location
  • Nonprofits
  • Order Management
  • Payroll Management
  • Project Accounting
  • Project Management
  • Projections
  • Purchase Order Management
  • Purchasing & Receiving
  • Quotes/Estimates
  • Receipt Management
  • Recurring/Subscription Billing
  • Reminders
  • Sales Tax Management
  • Status Tracking
  • Tax Management
  • Third Party Integrations
  • Workflow Management

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  • Activity Tracking
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  • Audit Management
  • Audit Trail
  • Business Process Automation
  • Business Process Control
  • CRM
  • Calendar Management
  • Collaboration Tools
  • Commenting/Notes
  • Compliance Management
  • Configurable Workflow
  • Customisable Forms
  • Customizable Fields
  • Customizable Reports
  • Customizable Templates
  • Data Import/Export
  • Data Visualization
  • Document Management
  • Document Storage
  • Drag & Drop
  • Email Management
  • Forms Management
  • Graphical Workflow Editor
  • Monitoring
  • No-Code
  • Process Change Tracking
  • Process Control
  • Process Modeling & Designing
  • Projections
  • Real Time Data
  • Real Time Reporting
  • Real-time Updates
  • Reporting & Statistics
  • Reporting/Analytics
  • Role-Based Permissions
  • Rules-Based Workflow
  • Task Management
  • Task Progress Tracking
  • Template Management
  • Templates
  • Third Party Integrations
  • User Management
  • Version Control
  • Visual Workflow Management
  • Workflow Management

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  • API
  • Access Controls/Permissions
  • Activity Dashboard
  • Activity Tracking
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  • Audit Trail
  • Compliance Management
  • Compliance Tracking
  • Configurable Workflow
  • Controls Audit
  • Corrective and Preventive Actions (CAPA)
  • Customizable Reports
  • Customizable Templates
  • Data Visualization
  • Document Management
  • Document Storage
  • Environmental Compliance
  • FDA Compliance
  • Forms Management
  • HIPAA Compliant
  • ISO Compliance
  • Incident Management
  • Monitoring
  • Multi-Language
  • OSHA Compliance
  • Policy Management
  • Process/Workflow Automation
  • Real Time Data
  • Real Time Monitoring
  • Real Time Notifications
  • Real Time Reporting
  • Reminders
  • Reporting & Statistics
  • Risk Alerts
  • Risk Analytics
  • Risk Assessment
  • Risk Management
  • Role-Based Permissions
  • Sarbanes-Oxley Compliance
  • Security Auditing
  • Surveys & Feedback
  • Task Management
  • Template Management
  • Third Party Integrations
  • Training Management
  • Version Control
  • Workflow Management

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  • Compliance Management
  • Contract/License Management
  • Contractor Database
  • Contractor Management
  • Customisable Forms
  • Customizable Reports
  • Customizable Templates
  • Document Management
  • Document Storage
  • Electronic Signature
  • Estimating
  • Invoice Management
  • Job Costing
  • Job Management
  • Job Tracking
  • Multiple Projects
  • Progress Tracking
  • Project Time Tracking
  • Project Tracking
  • Projections
  • Purchase Order Management
  • Qualification Tracking
  • Real Time Data
  • Real Time Notifications
  • Real Time Reporting
  • Real-time Updates
  • Reporting & Statistics
  • Reporting/Analytics
  • Safety Management
  • Scheduling
  • Status Tracking
  • Subcontractor Management
  • Supplier Management
  • Task Management
  • Task Scheduling
  • Third Party Integrations
  • Time & Expense Tracking
  • Time Tracking
  • Timesheet Management
  • Work Order Management
  • Workflow Management

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  • Customer Database
  • Customizable Reports
  • Distribution Management
  • Document Management
  • Enterprise Asset Management
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  • Financial Analysis
  • Financial Management
  • Forecasting
  • General Ledger
  • HR Management
  • Integrated Business Operations
  • Inventory Management
  • Inventory Tracking
  • Invoice Management
  • Invoice Processing
  • Manufacturing Planning
  • Multi-Currency
  • Multi-Location
  • Order Management
  • Order Processing
  • Payroll Management
  • Project Management
  • Projections
  • Purchase Order Management
  • Quotes/Estimates
  • Real Time Data
  • Real Time Reporting
  • Reporting & Statistics
  • Reporting/Analytics
  • Sales Orders
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  • Stock Management
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  • Categorisation/Grouping
  • Compliance Management
  • Configurable Workflow
  • Corporate Card
  • Credit Card Management
  • Currency Conversion
  • Customizable Fields
  • Customizable Reports
  • Data Import/Export
  • ERP
  • Electronic Payments
  • Expense Claims
  • Expense Tracking
  • Financial Analysis
  • Fraud Detection
  • Invoice Management
  • Invoice Processing
  • Mileage Tracking
  • Mobile Access
  • Mobile Receipt Upload
  • Multi-Currency
  • Policy Management
  • Projections
  • QuickBooks Integration
  • Real Time Analytics
  • Real Time Data
  • Real Time Notifications
  • Real Time Reporting
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  • Reimbursement Management
  • Reminders
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  • Consolidation/Roll-Up
  • Customizable Reports
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  • Dashboard Creation
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  • Data Visualization
  • ERP
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  • Multi-Currency
  • Planning Tools
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  • Real Time Analytics
  • Real Time Data
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  • Receipt Management
  • Reporting & Statistics
  • Reporting/Analytics
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  • Code Enforcement
  • Collaboration Tools
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  • Contract/License Management
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  • Customizable Reports
  • Data Visualization
  • Document Management
  • Document Storage
  • Drag & Drop
  • Email Management
  • Employee Management
  • Fixed Asset Management
  • General Ledger
  • Geographic Maps
  • HR Management
  • Inventory Management
  • Invoice Management
  • License Issuance
  • Monitoring
  • Performance Metrics
  • Permit Issuance
  • Progress Tracking
  • Project Management
  • Projections
  • Purchasing & Receiving
  • Real Time Reporting
  • Real-time Updates
  • Records Management
  • Reporting & Statistics
  • SSL Security
  • Self Service Portal
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  • Activity Tracking
  • Alerts / Escalation
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  • Capacity Management
  • Change Management
  • Chat/Messaging
  • Compliance Management
  • Configurable Workflow
  • Configuration Management
  • Customisable Branding
  • Customizable Reports
  • Dashboard
  • Data Import/Export
  • Data Visualization
  • Event Logs
  • IT Asset Tracking
  • IT Reporting
  • Incident Management
  • Inventory Management
  • Issue Auditing
  • Knowledge Management
  • License Management
  • Maintenance Scheduling
  • Monitoring
  • Patch Management
  • Performance Metrics
  • Real Time Data
  • Real Time Monitoring
  • Real Time Notifications
  • Real Time Reporting
  • Real-time Updates
  • Remote Access/Control
  • Remote Monitoring & Management
  • Reporting & Statistics
  • SSL Security
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  • Server Monitoring
  • Service Level Agreement (SLA) Management
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Costpoint Reviews

Read all reviews

Overall rating

4/5
From 194 users reviews

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
Melissa C.
Administrator
Environmental Services, 501-1,000 Employees
Used the Software for: 2+ years
  • Overall Rating
    5 /5
  • Ease of Use
    5 /5
  • Features & Functionality
    5 /5
  • Customer Support
    3 /5
  • Value for Money
    4 /5
  • Likelihood to Recommend
    8/10
  • Reviewer Source 
  • Reviewed on 26/05/2021

"Convenient All-in-One Tool"

Pros: I like that I can switch between daily tasks easily in Costpoint; I an enter payroll and set-up a project all in one place.

Cons: Sometimes the system freezes and causes unsaved work.

  • Reviewer Source 
  • Reviewed on 26/05/2021
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
Tina D.
Manufacturing Engineer
Defense & Space, 10,000+ Employees
Used the Software for: 2+ years
  • Overall Rating
    4 /5
  • Ease of Use
    4 /5
  • Features & Functionality
    3 /5
  • Customer Support
    Unrated
  • Value for Money
    Unrated
  • Likelihood to Recommend
    7/10
  • Reviewer Source 
  • Reviewed on 01/12/2018

"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.

  • Reviewer Source 
  • Reviewed on 01/12/2018
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