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: 94

  • "What If" Scenarios
  • Accounting
  • Accounting Integration
  • Accounts Payable
  • Accounts Receivable
  • Approval Process Control
  • Archiving & Retention
  • Audit Management
  • Audit Trail
  • Automated Scheduling
  • Automatic Billing
  • 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
  • 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
  • Web-based Deployment
  • Work Order Management
  • Workflow Management

Alternatives

Unanet ERP

4.4
#1 Alternative to Deltek Costpoint
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QuickBooks Desktop Enterprise

4.5
#2 Alternative to Deltek Costpoint
QuickBooks Desktop Enterprise is an accounting software for small businesses which provides users with real-time access...

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...

QuickBooks Desktop Pro

4.3
#4 Alternative to Deltek Costpoint
QuickBooks Desktop Pro automates billing and invoicing in addition to work orders. Users can link bank accounts, define...

Reviews

Overall rating

4.0 /5
(201)
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 201
Verified Reviewer
Overall rating
  • Industry: Military
  • Company size: 5,001-10,000 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 10.0 /10

Easy-to-use program for tracking hours worked.

Reviewed on 17/11/2021

I used this program daily to track my hours worked for each pay period. It was pretty easy to use...

I used this program daily to track my hours worked for each pay period. It was pretty easy to use and did not take much time out of my day.

Pros

This program was very simple to use to track your hours worked. It was efficient, easy, and did not take much time to learn or to use it daily.

Cons

I cannot think of anything specific that I disliked about this program.

Jamie
Overall rating
  • Industry: Information Technology & Services
  • Company size: 51-200 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 7.0 /10

Cumbersome

Reviewed on 29/09/2022

Overall, I wish the system retained it's functionality with an easier to use interface. The...

Overall, I wish the system retained it's functionality with an easier to use interface. The reporting in the Costpoint system should be more customizable without having to be a report writer and be forced to use the business intelligence module to build reports from the ground up.

Pros

The system can do almost anything you want it to in terms of setup. There are more options and specifications than any one company could ever need or want.

Cons

Because the system is so customizable from an admin side, it becomes very cumbersome. A single update needs to be made in multiple screens in order for it to show up everywhere and be accessible to everyone. The User Interface is complicated for everyday users and troubleshooting issues is difficult and time consuming because of all the areas where there could be an issue.

Reasons for Choosing Deltek Costpoint

Looking for an all in one solution for time and expense along with financials.

Switched From

QuickBooks Desktop Pro

Reasons for Switching to Deltek Costpoint

Industry standard
Ruby
Overall rating
  • Industry: Banking
  • Company size: 10,000+ Employees
  • Used Weekly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 7.0 /10

Deltek Review

Reviewed on 30/09/2018

It is an ok system overall but there needs to be a huge update to the system to compete with it's...

It is an ok system overall but there needs to be a huge update to the system to compete with it's competitors. The strong point is that most government contractor are using Deltek Time and Attendance since it is engineered for this industry so people are more likely to get the HRIS system to integrate easily with timesheets.

Pros

The system has a pretty easy interface to enter in basic information such as personal information, checking, tax information, and updating benefits. The ESS system once setup, it is pretty great for the employees as they can choose benefits through open enrollment, update tax information and update their address information. The reporting is simple for standard reports and can be easily pulled in excel format so you are able to manipulate the spreadsheets.

Cons

The software is very outdated and has not been updated in several years. Other systems are light years ahead of this system as it looks like it is from the 1990's. The custom reporting is very clunky and hard to create any of these reports as there are many files to look into and no intelligent search functions. You can only pull the reports in excel format so there not other options such as CSV and PDF. The ESS section is also out of date and not very integrative to the HRIS system. The setup for benefits, tax and validations tables in the back end of the system is hard to recognize and makes it harder for complete setup. There is ACA integration as well and it makes it hard that you have to click on separate sections of the screen to look at information rather than clicking one repository to reach all of the information.

Jim
Overall rating
  • Industry: Information Technology & Services
  • 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 7.0 /10

Comments on Costoint

Reviewed on 13/10/2022

Pros

I find Costpoint to be the most effective and comprehensive Government Cost Accounting system available. Contains many related back office functions that are integrated within the system. It is an government approved system.

Cons

User interface needs improvement for non finance and accounting users. It should be easier to use for basic functions such as daily timesheets, expense reports, and approvals of these two items.

Juliana
Overall rating
  • Industry: Aviation & Aerospace
  • Company size: 51-200 Employees
  • Used Daily for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 6.0 /10

Costpoint

Reviewed on 19/11/2019

This was a lot more time consuming to implement. Other softwares we surveyed before going with CP...

This was a lot more time consuming to implement. Other softwares we surveyed before going with CP had a tool that would export our data from quick books into their system. Not sure why CP doesn’t have this feature.

Pros

The reporting feature. We really liked the cognos relationship, and the ability to export directly to excel as well as upload from excel.

Cons

The revenue to income statement. I have never worked with an accounting system where once I created and posted an invoice, the total revenue for that product on the income statement is different then what was billed. I do not understand why I have to tell my system to recognize or “pick up” my revenue. It’s redundant and causes a lot of headaches.

Reasons for Choosing Deltek Costpoint

Unable to handle complex project setup requirement

Reasons for Switching to Deltek Costpoint

Because of the partnership with COGNOS
Showing 5 reviews of 201 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.