CostPoint is a powerful tool in a power packed industry
April 10, 2018
CostPoint is a powerful tool in a power packed industry
Score 8 out of 10
Vetted Review
Verified User
Overall Satisfaction with Deltek Costpoint
Costpoint is being used across our company as the primarily accounting and finance system. It works to solve all accounting, finance and project management related issues like revenue recognition, billing, invoices and accounts payable.
- Costpoint is really good with providing users with a variety of accounting solutions from Project Setups to revenue recognition to Purchase orders. This software has it all under one roof.
- Costpoint has the ability to handle large amounts of data and it neatly organize that data in the form of meaningful reports.
- Costpoint interfaces really well with other Deltek products like Time and Expense and Cognos and makes the use of data across multiple platforms seem seamless.
- Costpoint can be a bit more user friendly as compared to its competitors and would therefore be easier for people to pick up
- Costpoint also struggles to interface well with other non-Deltek owned software and provides difficult challenges to companies with large structures and organizations using multiple tools.
- Certain tables in Costpoint can be really hard to monitor from an audit trail perspective and these row updates on the data tables are not readily accessible to front end users.
- Costpoint has made it possible for our business to get our invoices paid quickly and on time
- Costpoint has made it possible for our business to get a ISO audits cleared every year
- Costpoint has made it possible for our business to always setup projects in a standardized manner that either meets or goes beyond the industry standards.