Deltek Costpoint

AI-enabled enterprise resource planning (ERP) software

About Deltek Costpoint

Costpoint is an artificial intelligence (AI)-enabled enterprise resource planning (ERP) software that helps businesses streamline project management, accounting, and material tracking operations. It offers a budgeting module, which enables administrators to allocate project budgets and create estimates at completion (EAC) forecasts.

The centralized dashboard allows managers to handle billing, revenue management, expense tracking, and compliance processes in real-time. Features of Costpoint include expense management, time tracking, payroll management, reporting and more.

Costpoint also lets administrators track the progress of projects against the planned schedules and conduct what-if analysis.

Pricing starting from:

Not provided by vendor

  • Free Version
  • Free Trial
  • Subscription

Typical Customers

  • Freelancers
  • Small Businesses (2-50)
  • Mid-size Companies (51-500)
  • Large enterprises (500 and more)

Deployment

  • Cloud-based
  • On-premise

Markets

United States

Supported Languages

English

Pricing starting from:

Not provided by vendor

  • Free Version
  • Free Trial
  • Subscription

Images

Deltek Costpoint Software - Deltek Costpoint utilization
Deltek Costpoint Software - Deltek Costpoint timesheet
Deltek Costpoint Software - Deltek Costpoint outstanding A/R
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Deltek Costpoint Software - Deltek Costpoint utilization
Deltek Costpoint Software - Deltek Costpoint timesheet
Deltek Costpoint Software - Deltek Costpoint outstanding A/R

Features

Total features of Deltek Costpoint: 97

  • "What If" Scenarios
  • Accounting
  • Accounting Integration
  • Accounts Payable
  • Accounts Receivable
  • Approval Process Control
  • Archiving & Retention
  • Audit Management
  • Audit Trail
  • Automated Scheduling
  • Automatic Billing
  • BOM Creation
  • Bank Reconciliation
  • Billing & Invoicing
  • Bills of Material
  • Budget Management
  • Budgeting/Forecasting
  • Business Process Control
  • CPA Firms
  • Capacity Planning
  • Cash Management
  • Code Enforcement
  • Collaboration Tools
  • Compliance Management
  • Compliance Tracking
  • Consolidation/Roll-Up
  • Contract/License Management
  • Contractor Database
  • Core Accounting
  • Customizable Fields
  • Document Management
  • ERP
  • Expense Tracking
  • Financial Management
  • Financial Reporting
  • Fixed Asset Management
  • For Government
  • For Nonprofits
  • Forecasting
  • Fund Accounting
  • General Ledger
  • Income & Balance Sheet
  • Integrated Business Operations
  • Inventory Management
  • Invoice Processing
  • Item Management
  • Job Management
  • MES
  • Maintenance Management
  • Maintenance Scheduling
  • Material Requirements Planning
  • Mobile App
  • Mobile Receipt Upload
  • Multi-Company
  • Multi-Currency
  • Nonprofits
  • Order Management
  • Payroll Management
  • Portfolio Management
  • Production Scheduling
  • Profit/Loss Statement
  • Project Accounting
  • Project Management
  • Project Planning/Scheduling
  • Purchase Order Management
  • Purchasing & Receiving
  • Qualification Tracking
  • Quality Management
  • Quotes/Estimates
  • Receipt Management
  • Receiving/Putaway Management
  • Reimbursement Management
  • Remote Access/Control
  • Reporting/Analytics
  • Reporting/Project Tracking
  • Requisition Management
  • Resource Management
  • Risk Management
  • Safety Management
  • Self Service Portal
  • Shipping Management
  • Sourcing Management
  • Spend Control
  • Spend Management
  • Supplier Management
  • Supply Chain Management
  • Task Management
  • Tax Management
  • Taxation & Assessment
  • Third Party Integrations
  • Time & Expense Tracking
  • Time Tracking
  • Traceability
  • Transaction Management
  • Web-based Deployment
  • Work Order Management
  • Workflow Management

Alternatives

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QuickBooks Desktop Pro

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QuickBooks Desktop Pro automates billing and invoicing in addition to work orders. Users can link bank accounts, define...

PROCAS Accounting for Government Contractors

4,8
#3 Alternative to Deltek Costpoint
PROCAS is a project accounting, web timekeeping & expense reporting solution for DCAA compliance & government contractor...

Unanet ERP

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Reviews

Overall rating

4,0 /5
(203)
Value for Money
3,7/5
Features
3,9/5
Ease of Use
3,7/5
Customer Support
4,0/5

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Software buyers need your help! Product reviews help the rest of us make great decisions.

Showing 5 reviews of 203
Karen
Overall rating
  • Industry: Government Administration
  • Company size: 201-500 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

I have used Costpoint for 8 years. I have been able to learn a lot.

Reviewed on 2017/05/02

Reporting, payroll, versatility, project reporting and capture, labor capture

Reporting, payroll, versatility, project reporting and capture, labor capture

Pros

I love the versatility of this software. It does so much and we can pull a lot of different information. It's very detailed in most areas and we can hold notes as well. Since I work in payroll, I think that the people and payroll modules are most useful for me.

Cons

I really don't like that we can not accrue a non-cash fringe. We have asked and asked for this feature and it has never been considered. All our employees accrue fringe non-cash to use towards benefits.
I also don't like the way the employee garnishments are set up. Every time there is a change to a garnishment (such as the amount in a child support order), I have to stop the garnishment and set up a new one in order to preserve any history. It can be confusing for anyone else looking at someone's file. Also, the note field is to small, doesn't hold enough information for the order (like children or custodial parents) that used to be included in Costpoint 6. I was disappointed when this was removed.

Robert
Overall rating
  • Industry: Aviation & Aerospace
  • Company size: 1 001-5 000 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

This Software is a must have for any Gov't Contractor that wants to do business in this space

Reviewed on 2017/06/28

Pros

The application is very powerful and very flexible which allows you to set things up for your business as simply or as complex as you would like. The ability to enter everything only once and capture all the data needed to properly allocate all of your Fringe / Overhead / G&A or Material & Handling Cost Pools is critical to being able to prepare DCAA / DCMA compliant Invoices, DCAA Disclosure Statements and Incurred Cost Submissions. Every module that you add on automatically links with the existing Accounting data so no extra steps are needed to get different modules to talk to one another.

Cons

Not always easy to tell if or when a patch is needed to update a specific module. Don't really know anything is needed until you run into an error message. Sometimes it is hard to update or patch just the application that is giving you problems because fixes can cover more then one application.

james
Overall rating
  • Industry: Aviation & Aerospace
  • Company size: 501-1 000 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Ease of Use

COSTPOINT IS LAZY AND STUPID

Reviewed on 2018/11/29

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...

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.

Vicki
Overall rating
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support

Costpoint is an extremely powerful project based accounting system

Reviewed on 2017/05/08

Pros

The flexibility it provides. With both private and public clients, we are required to provide invoices to clients in many different formats, and some project setups can be quite complicated. Costpoint allows us the flexibility we need to manage our projects effectively and also meet our client's needs. We also love the extensibility tool introduced with Costpoint 7 that has allowed us to customize the software in order to enforce many of our internal procedures and business rules.

Cons

Because of it's flexibility, it can be complicated, which leads to errors. We hear from our new users that systems they worked on previously provided more of a standard workflow that guided them through the project setup process. We realize this is very difficult to do with some many different project setup requirements, and we've tried to accomplish some of this through the extensibility tool.

Nabeel
Overall rating
  • Industry: Computer Software
  • Company size: 1 001-5 000 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

CostPoint Review

Reviewed on 2017/11/18

Overall, if you are in the government contracting industry, CostPoint is as reliable as a software...

Overall, if you are in the government contracting industry, CostPoint is as reliable as a software as any out there. With its wide acceptance across the industry, it is a extremely useful software to be familiar with.

Pros

CostPoint is an extremely powerful and a widely used accounting software. One of its best features is the ability to accommodate a diverse set of accounting and financial needs and the innate ability to run seamless interfaces with other Deltek products such as T&E and Cognos. It's relatively easy to use and can be picked up by most users quickly.

Cons

Costpoint lags behind its competitor in the innovation it offers it's users and customers. They software updates are infrequent and often do not result in any major updates and upgrades. There are also many areas of functionality within Costpoint that seem to be offer duplicity and could be improved.

Showing 5 reviews of 203 Read all reviews

Deltek Costpoint FAQs

Below are some frequently asked questions for Deltek Costpoint.

Deltek Costpoint offers the following pricing plans:

  • Free Trial: Available

Please contact Deltek directly for pricing details.

Deltek Costpoint has the following typical customers:

Self Employed, 2-10, 11-50, 51-200, 201-500, 501-1 000, 1 001-5 000

Deltek Costpoint supports the following languages:

English

Deltek Costpoint supports the following devices:

Android (Mobile), iPhone (Mobile), iPad (Mobile)

We do not have any information about what integrations Deltek Costpoint has

Deltek Costpoint offers the following support options:

24/7 (Live rep), Chat

Related categories

See all software categories found for Deltek Costpoint.