Deltek Costpoint

4.0 (203)
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AI-enabled enterprise resource planning (ERP) software
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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

Top 5 alternatives to Deltek Costpoint

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

Top 5 alternatives to Deltek Costpoint

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

NetSuite

4.1
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Unanet ERP

4.4
#2 Alternative to Deltek Costpoint
Unanet is an integrated project management solution which offers tools for resource planning, accounting, workforce...
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PROCAS Accounting for Government Contractors

4.8
#3 Alternative to Deltek Costpoint
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QuickBooks Desktop Enterprise

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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.

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Showing 5 reviews of 203 Read all reviews
Showing 5 reviews of 203
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 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.

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 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.

Nicholas
Overall rating
  • Industry: Defense & Space
  • Company size: 501–1,000 Employees
  • Used Weekly for 2+ years
  • 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...

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.

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 18/11/2017

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.

Sandra
Overall rating
  • Industry: Military
  • Company size: 501–1,000 Employees
  • Used Daily for 2+ years
  • 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

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 Concur

Reasons for Choosing Deltek Costpoint

Mitigated Entity, required due to cas COMPLINANCE

Reasons for Switching to Deltek Costpoint

PRICE
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

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