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203 Reviews
- Industry: Aviation & Aerospace
- Company size: 1,001–5,000 Employees
- Used Daily for 2+ years
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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 28/06/2017
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.
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
Costpoint is an extremely powerful project based accounting system
Reviewed on 08/05/2017
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.
- Industry: Defense & Space
- Company size: 501–1,000 Employees
- Used Weekly for 2+ years
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Review Source
Overall rating
- Ease of Use
- Likelihood to recommend 7.0 /10
Deltek Costpoint Review
Reviewed on 18/11/2018
It has been a decent system overall but there is a lack of customization, predictive features, poor reporting features and no updates for several years so other HRIS systems are way ahead of this particular system.
Pros
It is a pretty simple to use software for HRIS data and has a lot of fields to enter. It is great that there is a reporting system to allow for standard and custom reports. There is an immediate entry into the system once changes are made so it is great to get an immediate response.
Cons
There are several cons with the system. First, it has not been updated over several years and no upgrades have been made to keep up with the times. It feels like the system is dated back to the 1980's. There is no predictive searches for employees, there are too many windows for different types of employee data so it is hard to find certain employee data. The reporting is also hard to create custom reports as you have to understand extensive knowledge of Cognos, hard to search fields for employee data and it is clunky. There are no workflows or business rules that can be setup in order to allow for notifications for certain events regarding employee self service.
- Industry: Computer Software
- Company size: 1,001–5,000 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
CostPoint Review
Reviewed on 18/11/2017
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.
- Industry: Military
- Company size: 501–1,000 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 6.0 /10
Costpoint from BRM viewpoint
Reviewed on 19/11/2019
Great software overall
Pros
Ease to learn and easy to use screen and download data
Cons
Incomplete error messages and missing edits.
Alternatives Considered
SAP ConcurReasons for Choosing Deltek Costpoint
Mitigated Entity, required due to cas COMPLINANCEReasons for Switching to Deltek Costpoint
PRICE- Industry: Mechanical or Industrial Engineering
- Company size: 201–500 Employees
- Used Daily for 1+ year
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Review Source
Overall rating
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
COSTPOINT IS PRETTY AWESOME
Reviewed on 19/11/2019
After using it for over a year, I am noticing that a lot of the processes are streamlined which helps with accurate accounting of POs and the information stored for vendors.
Pros
I like the fact that their interfaces are able to communicate with each other. I also like the ease of use when using the software. It is honestly cut an dry and if you have used various SAP before, you should not have an issue with this one. I transitioned from the US Army using GCSS-Army and the interfaces in costpoint were virtually the same.
Cons
I like the software, but my company does not or wants to ay for all the modules needed, so I feel as though I cannot use Costpoint to its full potential as I feel it can be used. I hope after this conference I am able to go back to my Company's President and change his mind.
- Industry: Government Relations
- Company size: 501–1,000 Employees
- Used Daily for 1+ year
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Review Source
Overall rating
- Ease of Use
- Likelihood to recommend 7.0 /10
Not a big fan of this program
Reviewed on 24/09/2020
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.
- Industry: Defense & Space
- Company size: 51–200 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 5.0 /10
Fair Weather Application
Reviewed on 14/05/2019
Fair weather - not good nor bad just a system I have to use.
Pros
They're a govt approved system which is a requirement for companies in the defense and contracting industry
Cons
The platform is not intuitive nor user friendly and it's hard to get customer support w/o being charged extra. Not an open source.
- Industry: Research
- Company size: 1,001–5,000 Employees
- Used Daily for 1+ year
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Review Source
Overall rating
- Ease of Use
- Likelihood to recommend 5.0 /10
Employees won't love it
Reviewed on 23/03/2019
Pros
There isn't much to like about this software. It does let you save time codes to favorites, but that's the bare minimum and doesn't do much more to make the work of someone entering a daily time card easy.
Cons
The loading times seem slower than peer software I've used and the features to populate saved time codes aren't as good. Requesting time off is especially burdensome and requires several steps where it should really only have one.
- Company size: 11–50 Employees
- Used Daily for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
I've used CostPoint to track recorded work time.
Reviewed on 25/04/2018
It makes it easy to keep track of your recorded work time.
Pros
Once you get the hang of it, it's fairly easy to update your time keeping and sign, as well as check what your available leave balance is.
Cons
Adding new programs to your worksheet is not that intuitive, and some of the menu's can feel a bit complex and unclear as to what they accomplish.
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 7.0 /10
CP is good and user friendly
Reviewed on 09/05/2017
Pros
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.
Cons
System bug, system not stable. Take long time to get customer service back some time. Field names and connections to other fields are not readily apparent. Takes years to become fluent in the program.
- Industry: Management Consulting
- Company size: 11–50 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Ultimate GovCon Compliance
Reviewed on 15/12/2017
Deltek pushes this ERP solution to all Government Contractors now, no matter the size of the business. As a GovCon accounting/business system SME, I would not recommend this system to businesses with less than 100 FTE / 5M annual revenue.
Pros
The Costpoint ERP system is well integrated depending on the features/add-ons you purchase. It drives compliant practices if you've set it up correctly.
Cons
Setup and maintenance is not for the average user. Training is a bit scarce unless you hire a consultant. Very expensive if you want full integration. Support from the manufacturer is fair at best.
- Industry: Civil Engineering
- Company size: 501–1,000 Employees
- Used Daily for 1+ year
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Review Source
Overall rating
- Ease of Use
- Likelihood to recommend 6.0 /10
A few kinks but easy to use
Reviewed on 28/11/2017
Pros
The platform is decently organized by Employee/Salary information and Leave information - managing either is simple and the accrual process is easy as well. I manage employee data and leave data but I am not an expert on any of the other system capabilities.
Cons
We've had issues with file feeds that have taken a long time to resolve. There are a few manual processes that need to be done during the accrual process that seem like they should be automated (i.e. removing duplicate beginning balance records when an employee goes from one type of leave to another in the same year).
- Industry: Shipbuilding
- Company size: 51–200 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Ease of Use
- Customer Support
- Likelihood to recommend 7.0 /10
Need improvement with standard reports
Reviewed on 19/11/2019
Pros
Ease of movement around system. The query function is a great way to filter info.
Cons
The standard reports are very poor. I wonder if they consulted actual users and asked what they needed. Has forced us to use cognos query and writer which is not user friendly. There are standard reports such as dispatch lists that should be part of the package.
- Industry: Government Relations
- Company size: 5,001–10,000 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 7.0 /10
Good tool for analytics. Mostly prebuilt reports help
Reviewed on 23/10/2017
I am in the bi team and reporting is easy. I was forecasting was as easy as other tools.
Pros
Search from any thing is easy. Reporting is easy.
Integrated package helps save money. Subcontractor costs calculation - pools is integrated well.
Cons
Some of the joins in Congo's framework manager do not exist and we had to build again. When. The new release comes to market, we have to add them back.
- Industry: Aviation & Aerospace
- Company size: 51–200 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
Incredibly inefficient system
Reviewed on 01/05/2018
Cons
The amount of keystroking required to complete a simple task is staggering. It takes hours to complete a simple task that should only take minutes to complete due to the number of separate steps required. It's like working with 1970's technology. The system will not allow even minimal customization, i.e. menu fonts/set-ups. I would rather work in an old DOS program than this one.
- Industry: Telecommunications
- Company size: 11–50 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
Controller
Reviewed on 21/02/2017
Costpoint is a dynamic system with many features that are automated. We use it for not only our accounting system, but also our budgeting and reporting. It is complex and able to do many things, but the right people must be in place to ensure the system works for you and is used to it's fullest. We are only using some of the capabilities of the system, and have only started to unlock all the possibilities of the system 2 years into implementation.
- Industry: Defense & Space
- Company size: 1,001–5,000 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Ease of Use
- Likelihood to recommend 10.0 /10
System
Reviewed on 18/11/2019
We track all our financials, invoicing our costumes and track our incur costs submmtion
Pros
Very easy to use and easy to learn’ very robust system from the beginning of a project all the way to the end
Cons
Flexibility sometimes is not your best, if you set up a project wrong you got live with it until it end
- Industry: Government Relations
- Company size: 11–50 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Likelihood to recommend 7.0 /10
Deltek is a reasonable timetracking tool
Reviewed on 24/04/2019
Pros
It does what it needs to do. It is pretty simple to use and get setup, and allows you to track what needs tracking.
Cons
All time tracking is harder then we would like. Deltek at times needs work to be configured to be as helpful as I wish it could be.
- Industry: Accounting
- Company size: 10,000+ Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Worked in Costpoint for 7 yrs.
Reviewed on 23/10/2017
It makes my job easier. Less paper needed
Pros
Its security controls. Its checks and balances. It's user-friendliness. Its fixed asset module.
Cons
the Fact that you can't have more than one user in everything other than reports. The fact that you can't approve and postin the same window.
- Industry: Retail
- Company size: 201–500 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
From Costpoint 3.1 to 7.1.1
Reviewed on 18/11/2019
Costpoint allows us to easily track costs by project.
Pros
Easy of use and love the ability to copy into excel. So much easier now than in the old CP versions.
Cons
Change Management and having to clear cache all the time.
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
Using Deltek Costpoint
Reviewed on 29/07/2018
Pros
Ease of use for end user. Very useful for finance and cost reporting. Ability to manage inventory, receiving, orders and configuration.
Cons
Need the ability to link to other software for downstream functionality. Such as MES or ERP systems.
- Used Daily for 1+ year
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Review Source
Overall rating
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
Still figuring out the kinks of the applications, there are still a number of things that need...
Reviewed on 23/10/2017
A more interconnected truer ERP system, definitely an upgrade over legacy system
Pros
There are good controls if things are set up properly and once you figure out the logic of the different modules and how they interact with each other
Cons
Some of the screens are not intuitive. For example, only after trial and error was I able to determine the proper order of computing and posting Depreciation on the fixed assets module.
- Industry: Defense & Space
- Company size: 1,001–5,000 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
Costpoint Review
Reviewed on 19/11/2019
Costpoint is our financial system and it works well for us tracking our government contracts.
Pros
How the different modules are integrated .
Cons
The way that hot fixes/patches are released, too cumbersome to apply at times.
- Industry: Defense & Space
- Company size: 10,000+ Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Ease of Use
- Customer Support
- Likelihood to recommend 5.0 /10
Costpoint Review
Reviewed on 19/11/2019
Pros
Ease of use. Thank you for letting me take the survey.
Cons
Iter-database iwo functionality with single employee doesn't function per the help screen.