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Deltek Costpoint Reviews & Product Details

Verified User in Defense & Space
UD
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 Gives Campaign
Incentivized Review
(Original )Information
What do you like best about Deltek Costpoint?

Most helpful about CostPoint is it crosses several departments within one big platform. There is a module for each aspect of Government Contracting. Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

The least helpful is not all of the modules talk to each other to make streamlining more effective. Review collected by and hosted on G2.com.

What problems is Deltek Costpoint solving and how is that benefiting you?

Problems Deltek are solving is the ability to have a data repository better features that talk across platforms Review collected by and hosted on G2.com.

Response from Susan Shuckra of Deltek Costpoint

Thank you for your review on G2. We appreciate your feedback and we are glad to hear that you find Costpoint helpful for your government contracting needs.

Deltek Costpoint Overview

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. Deltek’s GovCon Cloud SaaS offerings of Costpoint are built with security in mind and support FAR and DFARS cybersecurity requirements. Costpoint GovCon Cloud Moderate (GCCM) is FedRAMP Moderate Ready and supports CMMC Level 2 and Level 3 compliance as well as export-controlled ITAR data protection requirements as a cloud service provider. With an experienced industry team, Deltek is a trusted partner that provides award-winning support and successful project delivery.

Deltek Costpoint Details
Product Website
Languages Supported
German, English, French, Dutch
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Product Description

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. Deltek Costpoint Cloud is a secure and DFARS-compliant solution — providing customers with the built-in security and compliance infrastructure to support NIST 800-171 controls (foundational for CMMC compliance). With an experienced industry team, Deltek is a trusted partner that provides award-winning support and successful project delivery.

How do you position yourself against your competitors?

Costpoint simplifies sophisticated processes such as billing, revenue recognition, labor collection, expense management and compliance to maximize profit and revenue and improve cash flow. Costpoint optimizes your entire workforce so that you maximize your human capital to strengthen your brand in order to attract and retain the world’s top talent. With tight financial controls and flexible work breakdown structures, Costpoint delivers the best business intelligence to help contractors deliver more projects on time and on budget.


Seller Details
Seller
Deltek
Company Website
Year Founded
1983
HQ Location
Herndon, VA
Twitter
@Deltek
6,560 Twitter followers
LinkedIn® Page
www.linkedin.com
4,725 employees on LinkedIn®
Description

Deltek is a global provider of enterprise software and information solutions for government contractors, professional services firms and other project- and people-based businesses.


Lauran C.
LC
Overview Provided by:
Vice President, Strategic Communications at Deltek

Recent Deltek Costpoint Reviews

Wana M.
WM
Wana M.Enterprise (> 1000 emp.)
5.0 out of 5
"Best government contracting tool"
It's user friendly, once users find their way can be very useful
Jessica K.
JK
Jessica K.Mid-Market (51-1000 emp.)
5.0 out of 5
"Great Customer Service"
I find Deltek to be user friendly. I also appreciate the help site and live support options.
Verified User
U
Verified UserMid-Market (51-1000 emp.)
3.5 out of 5
"Deltek Cospoint-"
Most helpful about CostPoint is it crosses several departments within one big platform. There is a module for each aspect of Government Contracting.
Security Badge
Deltek Costpoint Security
Get security information from Deltek Costpoint to help you buy the right software. View Security Information

Deltek Costpoint Media

Deltek Costpoint Demo - Costpoint Welcome Page
Costpoint’s modern Welcome Page and intuitive navigation ensures users can quickly navigate to their most used applications and get started on everyday tasks.
Deltek Costpoint Demo - Costpoint Timesheet Interface
Costpoint’s timesheet interface makes this everyday task more intuitive with less steps for common functions and more avenues to enter daily time.
Deltek Costpoint Demo - Costpoint Project Health Dashboard
Costpoint’s Project Health Dashboard provides at-a-glance visibility into accounts receivable, billing, backlog, and indirect/direct labor plus has the ability to drill down for more information.
Deltek Costpoint Demo - Costpoint Interactive Emails for Time Entry
Deltek is one of the first to offer the ability to enter, submit and approve time through email, without logging into Costpoint.
Deltek Costpoint Demo - Costpoint Time and Expense Mobile App
Upload receipts on the go, with mobile access that accelerates timesheet and expense report processing.
Deltek Costpoint Demo - Costpoint Supplier Performance Dashboard
On the Supplier Performance dashboard you can automatically track on time delivery, late deliveries and PO rejections.
Play Deltek Costpoint Video
Play Deltek Costpoint Video

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Video Reviews

511 out of 512 Total Reviews for Deltek Costpoint

4.2 out of 5
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511 out of 512 Total Reviews for Deltek Costpoint
4.2 out of 5
511 out of 512 Total Reviews for Deltek Costpoint
4.2 out of 5

Deltek Costpoint Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for Deltek CostpointQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
Shannan W.
SW
Chief Financial Officer
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
(Original )Information
What do you like best about Deltek Costpoint?

Being a government contractor and being compliant with all the regulations required for being a government contractor, it is critical to have a system that can handle and provide accurate, reliable, quick data to report to the government. Costpoint allows indirect rates to be built in the system that fit the need of the company. Every company is different so having flexibility is critical to be successful. The system brings in planning, contracts, billing, receivables, payables, timesheets, expense reports, and everything required to be successful in accounting. Built into Costpoint also is a report writer that allows you to build reports on any data that is in the system. This allows you to easily custom reports for customers or build analytic dashboards for your executive team. In addition, Deltek University provides training tools to ensure all your staff can be properly trained and up to date on everything they do in the system. Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

The biggest downfall of Costpoint is planning. It is still a little buggy but if that is the worst thing of the whole system that is not bad. The rest of the system is great. Another area that Deltek needs to integrate into Costpoint is Cobra the project management system (EVMS). I believe this is in the horizon in the next 2 years but the fact this is a stand alone system and not integrated is painful when you get a new project and have to set-up instead of having it feed from Costpoint to that module. Review collected by and hosted on G2.com.

What problems is Deltek Costpoint solving and how is that benefiting you?

The biggest problem I am solving with Deltek is Indirect Rate models and ensuring rates are built properly to ensure Incurred Cost submissions can be prepared and turned into DCAA timely. This is a huge problem to solve if you are in excel and need to get out of excel. I have a system that now ensures the model from DCAA has everything properly recorded based on my accounting system. Review collected by and hosted on G2.com.

Jack B.
JB
Business Development Specialist
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 Gives Campaign
Incentivized Review
What do you like best about Deltek Costpoint?

I like CPs ability to sort of flow like water, the ability to build out your own mods to fit your businesses needs and projects is definitely a big key. It's also important from a compliance standpoint which Deltek and CP lead the industry . Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

As am implementor and service provider I feel at times CP can be too much for a client which is why vantage is great. I feel as there has been new UX changes that has made improvements on things I disliked. Also feel not the product itself but rather dealing with help desk when something does break. It's like pulling teeth. Also right now the update schedule is rough on many clients especially smaller ones. Review collected by and hosted on G2.com.

What problems is Deltek Costpoint solving and how is that benefiting you?

That's hard to define as an implementation partner... I mean it's what feeds us and keeps us in business. Review collected by and hosted on G2.com.

Amanda C.
AC
Global Director, Risk Management
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Deltek Costpoint?

Deltek Costpoint offers a wide range of features that cover various aspects of project management, accounting, and compliance. This all-in-one solution helps streamline processes and improve efficiency.

As a shared service user, for a government contractor utilizing project accounting, once you get familiar with the system nauces the interface is user-friendly and easy to navigate. Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

Although it has got better over the last few years, integrating Deltek Costpoint with other software systems can sometimes be challenging and requires additional technical support or custom development. Deltek service model is to direct clients to consulting partners that can also make it a costly solution.

Reporting capability is limited outside of the "out of the box" formats. Review collected by and hosted on G2.com.

What problems is Deltek Costpoint solving and how is that benefiting you?

The system simplifies labor collection and time tracking, making it easier to manage employee timesheets and ensure accurate billing for labor costs. Review collected by and hosted on G2.com.

VD
Business Systems Manager
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Deltek Costpoint?

Stability of functionality. While the product releases new enhancements and functionality quite frequently, the product still allows users to utilize the functionality that they have been using for years. Roll out of changes is done in rounds and tends to not be too much at one time, this makes it easier for my team to consume the product. Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

Not being able to have multiple apps open on the same screen. I hate having to flip back and forth through multiple applications that tie together Review collected by and hosted on G2.com.

What problems is Deltek Costpoint solving and how is that benefiting you?

Audits - DCAA, CMMC, and timekeeping

Costpoint provides us the ability to provide our auditors what they need, quickly. Review collected by and hosted on G2.com.

Jessica K.
JK
IT data Analyst and Training Specialist
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Deltek Costpoint?

I find Deltek to be user friendly. I also appreciate the help site and live support options. Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

I don’t find the time clocks easy to use. Review collected by and hosted on G2.com.

What problems is Deltek Costpoint solving and how is that benefiting you?

Integration of an AI assistant will be helpful in the help section. Review collected by and hosted on G2.com.

IC
Accounting Specialist
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Deltek Costpoint?

I enjoy the ease of using Costpoint and the many different ways to bring CP to users. I have not used Della yet, but I’m very much looking forward to that! Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

One of the things that I find somewhat troublesome is the two line data in reports. I find it very confusing to read the data when it’s presented in this manner. Review collected by and hosted on G2.com.

What problems is Deltek Costpoint solving and how is that benefiting you?

Contract costing and billing Review collected by and hosted on G2.com.

Verified User in Computer Software
AC
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Deltek Costpoint?

Calculate indirect rate easily by runing the report.

The system is only good for big company with resources in HR/accouning and doing busienss with goverment which indirect rate is required. Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

Too much extra work to go through and maintein.

The system is very rigid with multiple modules but not really linked to each other efficiently. Required setup correctly and multile import and export.

Too many work around to get the result/ reports you need and need to create and maintain excel sheets on the side.

No credit card intergration. Lots of manual work involved. Review collected by and hosted on G2.com.

What problems is Deltek Costpoint solving and how is that benefiting you?

Easily calculate indirect rate along the way which we can have a clear picture of overhead.

Rerport for proejct cost is relatively easy to generate.

However, the work involved and the cost of software and consultant are way too much for a small company like us Review collected by and hosted on G2.com.

LH
Manager of Application Development
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 Gives Campaign
Incentivized Review
(Original )Information
What do you like best about Deltek Costpoint?

Strong user community and learning zone to help you answer the How something could be done working the systems - very configurable. Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

UX it is getting better but has a long way to go - to many clicks to get to where you need to be - lots of in and out of screens to accomplish a process Review collected by and hosted on G2.com.

What problems is Deltek Costpoint solving and how is that benefiting you?

Deltek announced an integration platform that will help the sharing of data in and out of costpoint with 3rd party applications Review collected by and hosted on G2.com.

Wana M.
WM
Applications Development Senior Manager
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Deltek Costpoint?

It's user friendly, once users find their way can be very useful Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

Implantation takes long and is very complicated Review collected by and hosted on G2.com.

What problems is Deltek Costpoint solving and how is that benefiting you?

Accounting, HR, and payroll Review collected by and hosted on G2.com.

Michael S.
MS
Vice President, Information Technology & Security
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 Gives Campaign
Incentivized Review
What do you like best about Deltek Costpoint?

It's straight forward to use. The user interface updates are a welcome change from where we started 4 years ago. Users find it much easier to use. Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

Lack of customization. Its a very ridged system compared to other ERP apps that allow field customization, label changes, and adding additional fields to screens to capture custom information. Review collected by and hosted on G2.com.

What problems is Deltek Costpoint solving and how is that benefiting you?

Deltek runs our entire business. besides the applications that produce our products, Deltek is the core that makes it all come together. Review collected by and hosted on G2.com.