Deltek Costpoint
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4.2 out of 5 stars
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Deltek Costpoint Reviews & Product Details - Page 49

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Deltek Costpoint Overview

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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. 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
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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:
Lauran Cacciatori
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
Read more
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.
Read more
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.
Read more
Security Badge
Deltek Costpoint Security
Get security information from Deltek Costpoint to help you buy the right software. View Security Information
Deltek Costpoint security information includes:
SOC 2 (System and Organization Controls 2)
CIS Controls (Center for Internet Security Controls)
FedRAMP (Federal Risk and Authorization Management Program)
CSA (Cloud Security Alliance)

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.
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Video Reviews

Review by Stephen G.
Deltek Costpoint review by Stephen G.
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Costpoint is phenomenal!
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512 Deltek Costpoint Reviews

4.2 out of 5
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512 Deltek Costpoint Reviews
4.2 out of 5
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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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Verified User in Medical Devices
UM
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Deltek Costpoint?

It is easy to move from one screen to another and there help screens for each task that you wish to perform. Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

I am just a user that has been trained how to do specific parts of tasks, I hear that it has expense reporting that we don't use because other software has more of what we need. Review collected by and hosted on G2.com.

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

Integration of inventory tracking and ordering in one place Review collected by and hosted on G2.com.

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BH
Enterprise(> 1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Deltek Costpoint?

The system is able to do Project Accounting Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

lack of customization. mobile doesn't seem to exist Review collected by and hosted on G2.com.

Recommendations to others considering Deltek Costpoint:

Make sure you have good business processes in place Review collected by and hosted on G2.com.

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

Over time we have be able to analyze our data better. Which starts with capture all of our data correctly. Review collected by and hosted on G2.com.

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PW
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: Organic
(Original )Information
What do you like best about Deltek Costpoint?

The software is easy to use and navigate Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

The software doesn't give full flexibility of customization Review collected by and hosted on G2.com.

Recommendations to others considering Deltek Costpoint:

Read on the product, ask the experts for any additional information and get the right implementation team to help you set up. This is critical if you are moving from another software to Deltek Review collected by and hosted on G2.com.

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

Financial reporting. Creating customized reports that are easy to read and are detail oriented Review collected by and hosted on G2.com.

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Verified User in Insurance
UI
Mid-Market(51-1000 emp.)
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Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Deltek Costpoint?

It’s very easy to input new projects and track accounting-related issues. Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

The system interface, although effective, seems very dated. It could certainly use an upgrade. It just doesn’t feel fresh. Review collected by and hosted on G2.com.

Recommendations to others considering Deltek Costpoint:

Definitely learn to use and undergo as much training as possible before use. Review collected by and hosted on G2.com.

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

We often use Costpoint to track expenditures in relation to proposals as well as expenditures related to current work. With the ability to track these items at multiple levels, Costpoint is very useful Review collected by and hosted on G2.com.

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Verified User in Information Technology and Services
UI
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Deltek Costpoint?

For the most part, it is very easy to look up your charge code, enter your hours for the day, and submit. Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

The site as a whole is a bit difficult to navigate outside of the timesheet. Review collected by and hosted on G2.com.

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

It's simply an easier way to enter and record hours on your timesheet. Review collected by and hosted on G2.com.

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Verified User in Research
AR
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Deltek Costpoint?

The software is great once its setup correctly - calculations and reporting is accurate. Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

We are in the cloud and the updates happen without notice and have been changing settings within our file which has caused huge headaches and many mis-reported items. the program is very cumbersome and requires a lot of input and monitoring to maintain accurate reporting. Review collected by and hosted on G2.com.

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

All financial and timekeepting aspects of our company. The manufacturing tracking is good. Review collected by and hosted on G2.com.

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Tami S.
TS
Consultant/Accounting System Implementations/Accounting, Bookkeeping Support/System and Process
Civil Engineering
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Deltek Costpoint?

The ability to track projects by scope, phase. Costpoint has better project tracking than most others Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

Cumbersome to use for someone not technically inclined Review collected by and hosted on G2.com.

Recommendations to others considering Deltek Costpoint:

Allow more time than anticipated to upload historical data Review collected by and hosted on G2.com.

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

Solves true costing questions. Allows users to see real time costing and budgets. Scheduling of personnel Review collected by and hosted on G2.com.

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Pauline W.
PW
Senior Accountant
Management Consulting
Mid-Market(51-1000 emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Deltek Costpoint?

The ease of navigation withing each application Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

The reports cannot be converted to excel from within Costpoint. One has to either create a PDF and convert to an excel offline and also the system printing a cover page each time you select the print option. This should be an option one can turn off or chooses so as to save on paper. Review collected by and hosted on G2.com.

Recommendations to others considering Deltek Costpoint:

Get the setup right from the beginning especially your project set up. A lot of errors are incurred with the initial setup and if you are a user and are not aware of the errors, you cannot be able to realise the impact this will have on your reporting and accuracy as you process your day to day work. Review collected by and hosted on G2.com.

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

Truing to use other software for report writing. The integration of T&E has helped tremendously in uploading timesheets directly to CP reducing errors and faster processing of labor distribution. Also being able to automatically export changes in the peoples application when you make updates back to T&E has also helped in reducing errors and duplicate entries. Review collected by and hosted on G2.com.

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Verified User in Information Technology and Services
AI
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Deltek Costpoint?

project driven, ability to analyze profitability and performance at any level of a project with detail report Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

for small business users, it might not be so easy to adjust from an accounting software as user-friendly and flexible as QuickBooks to Costpoint. Review collected by and hosted on G2.com.

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

running detail report to analyze profitability and performance at any level of a project Review collected by and hosted on G2.com.

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Umair I.
UI
Finance Consultant
Mid-Market(51-1000 emp.)
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Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Deltek Costpoint?

Easy to review categories and run reports for each cost item Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

Design is very outdated and not pleasant to look at Review collected by and hosted on G2.com.

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

Assess cost centers for different projects and run reports to forecast and budget costs for future periods Review collected by and hosted on G2.com.

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