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Deltek Costpoint

Deltek Costpoint

Overview

What is Deltek Costpoint?

Deltek Costpoint is an ERP soluftion designed for government contractors built around project management and accounting capabilities.

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Pricing

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What is Deltek Costpoint?

Deltek Costpoint is an ERP soluftion designed for government contractors built around project management and accounting capabilities.

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Features

Payroll Management

Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.

9.8
Avg 7.3

Customization

This addresses a company’s ability to configure the software to fit its specific use case and workflow.

8
Avg 7.5

Security

This component helps a company minimize the security risks by controlling access to the software and its data, and encouraging best practices among users.

8.8
Avg 8.4

Reporting & Analytics

Users can report on and analyze usage, performance, ROI, and/or other metrics of success.

9
Avg 7.4

General Ledger and Configurable Accounting

Financial management solution, including capabilities for general ledger and configurable accounting

7.5
Avg 7.7

Inventory Management

The ability to track and manage the flow of goods or materials into and out of an inventory.

9
Avg 8.0

Order Management

The ability to process orders, and track them from quote to cash.

9.6
Avg 7.9

Subledger and Financial Process

Revenue management solution including capabilities for subledgers and financial processes

8.4
Avg 7.5

Project Financial Management

Project financial management solution including capabilities for project budgeting, cost control, billing and contract management.

10
Avg 7.6

Project Execution Management

Project execution management solution including capabilities for project scheduling, resource management, and team member task management.

9.4
Avg 6.9

Grants Management

Grants management solution for higher education, public sector, or non-profits with capabilities for managing financial awards for program and project funding

8.5
Avg 7.3

Procurement

Procurement management solution with capabilities for sourcing, contracting, procure-to-pay and supplier management

8.3
Avg 7.0

Risk Management

Risk management solution with capabilities for managing controls, assessing control effectiveness, certifying controls, and addressing deficiencies

7
Avg 6.7

Logistics

Logistics solution with capabilities for transportation planning, transportation execution, trade compliance, customs management, warehouse management and warehouse workforce management.

7.9
Avg 6.9

Manufacturing

Manufacturing solution for managing manufacturing processes and costs.

8
Avg 7.4

Supply Chain

Supply Chain Planning solution with capabilities for planning, performance monitoring, change responses and execution.

4.3
Avg 7.3

Product Lifecycle Management

Product Lifecycle Management solution with capabilities for innovation management, product development

7.9
Avg 7.2
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Product Details

What is Deltek Costpoint?

Built on 30+ years of experience, Costpoint is presented by Deltek as an industry leading solution that offers all-in-one project and accounting management for government contractors. Centralizing the management of projects, people and finances, it can scale for firms of any size. Costpoint is designed to enable users to improve operational efficiency, have visibility into real-time insights and it supports compliance and security needs.

Deltek Costpoint Screenshots

Screenshot of Once a new project has been set up, you are able to link the project to the existing opportunity.Screenshot of Instead of being reactive, the solution’s workforce analytics helps users answer questions about the workforce and planning before hitting a talent shortage. It also helps individuals manage their employees efficiently by streamlining processes.Screenshot of Costpoint’s manufacturing solution links the entire manufacturing process together, automating and streamlining processes, while capturing and monitoring data down to the project level with seamless integration to the financials.Screenshot of With Costpoint’s procurement solution, users have access to real-time data to view company time spent and purchase orders. Individuals can set up dashboards to see what has been ordered, received, and posted. This enables companies to remain organized and be able to analyze information throughout the procurement process.Screenshot of Costpoint’s accounting solution enables users to view and analyze financial trends by the fiscal year through a single dashboard.Screenshot of Project Managers can look across the board at their projects to get a real-time view of all of their projects, in one comprehensive dashboard.Screenshot of One screen makes time entry easier than ever before with the ability to be completed anywhere, anytime. Users can quickly enter hours, auto load charge favorites, look up charges from favorites or charge trees as well as make revisions and review hours.

Deltek Costpoint Integrations

Deltek Costpoint Competitors

Deltek Costpoint Technical Details

Operating SystemsUnspecified
Mobile ApplicationNo

Frequently Asked Questions

Deltek Costpoint is an ERP soluftion designed for government contractors built around project management and accounting capabilities.

Sage Intacct, NetSuite ERP, and Acumatica are common alternatives for Deltek Costpoint.

Reviewers rate Pay calculation and Benefit plan administration and Direct deposit files highest, with a score of 10.

The most common users of Deltek Costpoint are from Mid-sized Companies (51-1,000 employees).
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Comparisons

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Reviews From Top Reviewers

(1-5 of 13)

Deltek Costpoint Review

Rating: 9 out of 10
April 21, 2025
Vetted Review
Verified User
Deltek Costpoint
5 years of experience
We, in the Finance department use Deltek for timekeeping, processing A/P, processing A/R, Contracts and Budgeting. Our staff uses Deltek for leave request, timesheets and holiday/floating holiday recording.
  • Timekeeping
  • A/P processing
  • A/R processing
Cons
  • More user friendly Budget module
  • More user friendly Capture & Contract module
  • Easier process of granting access to system
We currently utilize Deltek in the best scenario, we use it as our main accounting system, for all company accounting functions. But it isn't the best for Contracts & Capture.

In my opinion, Average buggy software no matter what new shine they try with Union-something

Rating: 4 out of 10
June 11, 2024
Vetted Review
Verified User
Deltek Costpoint
3 years of experience
Deltek Costpoint is used for project cost accounting, overall timesheet recording for employees and other project metrics tracking. It is customizable and also integrates to other programs but needs some learning. In our experience, the biggest issue we have with this program is that it is quite buggy, I think it is also very non intuitive in certain parts, search function isn't great.
  • Timesheet entry for employees
  • Project cost accounting for managers
  • Time management
Cons
  • App stability in Windows
  • Integration with other apps
  • User interface and user friendliness
  • Search features
With so many other products available in the market, Deltek Costpoint is actually NOT suited for project cost accounting. However, in my opinion, they started long ago so they are still taking money in govt contracts for a, in my experience, very mediocre buggy product.

Deltek Costpoint is landfill fodder

Rating: 1 out of 10
September 30, 2020
EK
Vetted Review
Verified User
Deltek Costpoint
10 years of experience
Deltek Costpoint 7 is used throughout our company to record time and do expense reports.
  • I can't find anything the Costpoint does well.
Cons
  • Cumbersome: Tasks that should be simple require complex operations.
  • Non-intuitive error messages: Error messages come up frequently and many are so cryptic that only the software designers would know what they intending to convey.
  • Non-intuitive flow: Filling out time sheets or expense reports is not intuitive the first few times you use it, nor is it intuitive after years of use. Error messages are frequent and not helpful.
  • Expense report attachments can only be PDF format, which means I can't take a photo of a receipt with my phone and transfer it directly in JPG or PNG. This requires (like so many other things in Costpoint) extra unnecessary steps.
  • Loss of information: In the timesheet module, if you forget to click "save", or if you click "save" and walk away and do not see an error message (with might take several seconds to appear), you lose all the information you entered. That means perhaps another 20 minutes navigating this frustrating and clunky application.
  • Non-intuitive: The many buttons across the top are like "what the heck is that? I'll click it just to see what it does".
  • Expense report redundancy: There are times when doing expense reports that the same information needs to be entered more than once.
  • Expense report searching: Finding a previously submitted expense report is non-intuitive, and when I do find it, absolutely no information is given.
  • Expense reports: When I attempt to find an old expense report (by again navigating through too many buttons, i.e., clicking time & expense --> expense --> expense reports --> manage expense reports), a new expense report is generated. I then click on "query" to find an old expense report, and it tells me that changes have not been saved in the current expense report (although I navigated to "manage expense reports" and did not ask the software to create a new one).
  • Outdated: The interface appears to have been made in the 1980s.
  • There are so many other little frustrating things in this software that coupled with the appearance and bugginess, I would call it the worst software I've ever used.
Deltek Costpoint is the most frustrating and clunkiest software I've ever used, and I've been using software for 30 years. The interface appears to have been developed before the internet and HTML and does not appear to use any modern widgets made for HTML. Every button click or menu selection requires a pause while something else loads. Our employees waste much time trying to figure out (what should be) simple tasks, and I've spoken with nobody in our company that likes the software. We've had trainings on Costpoint, but people still have issues constantly.

Strong ERP works globally in all industries.

Rating: 9 out of 10
March 11, 2020
DM
Vetted Review
Verified User
Deltek Costpoint
20 years of experience
Deltek Costpoint is used across the whole organization. Our business rules allowed us to configure by organization, accounts, and projects. Program managers know exactly where they stand in relation to project status, performance, and funding. In the past, this information wasn't readily available, whereas now it can be reviewed in real-time.
  • Enterprise Reporting
  • Budgeting and Planning
  • Time and Expense
  • Materials Management
Cons
  • Customer Care - this is probably the one area that needs the most work.
  • Quality Control Testing - if this area had a higher level of detail prior to releasing updates, it might mitigate the number of patches required for customers.
  • Cloud Based Product doesn't work for every customer. Get multiple references before considering moving to the cloud offering.
Deltek Costpoint is well suited in many areas. Accounts Payable is easy to use and straightforward. Accounts Receivable and Billing are also easy to use and allow flexibility in how bills are generated from the system. The Labor/Leave/Payroll functionality is all-inclusive and is simple to use in-house. Project management and materials management are all very robust modules available as part of the core system. Fixed assets could use a little updating. Human Resources is adequate and works well with Talent Management.

If you care for your employees' time and well-being, stay away from Deltek

Rating: 1 out of 10
November 01, 2022
Vetted Review
Verified User
Deltek Costpoint
10 years of experience
It is used by employees to complete their billing period time sheets, track billable hours, and feed into our enterprise invoicing system.
  • It's hard to tell. It's a poorly design application from a UX perspective.
Cons
  • Poor UX overall
  • not intuitive (e.g., confusing labeling and iconography)
  • too many clicks and steps to accomplish tasks
  • does not allow to delete rows that have not data at any time
  • does not appear to have been properly user-tested
In its current form, I would never recommend it. Rather I'd strongly suggest to look for another application.
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