The Possibilities are Endless
February 22, 2018

The Possibilities are Endless

Rachel Wheeler | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Deltek Costpoint

Deltek Costpoint is being used by the Finance & Accounting mainly. Other departments use it as needed to gain required information.
  • I love the capability to look at my project data at specific levels or to roll it up to the top level. This allows management to see just what they need and not have a lot of extraneous data. It allows you to really personalize how you want your project information set up.
  • The ability to set users up with just the permissions to see gather the information needed. Specifically making sure that the information can only be changed by the proper people. That way we can make sure that separation of duties is maintained and sensitive information can be protected.
  • Having the chance to personalize reports to each user is awesome. Then you don't have to wade through mountains of unneeded data.
  • What I dislike is closely related to what I like about Costpoint. You can easily get lost in the multitude of menus. Although that is being constantly looked at and worked on.
  • Some of the processes are extremely complicated and If your are not careful you can easily mess up the whole process with one change. Although the error notifications are really good at preventing this from happening often!
  • The additional characters have given us more depth to grow and add new projects.
  • We have been able to increase our report potential for project management by having a more detailed look at the project at specific times.
  • We are working on streamlining our billing process. This will allow use to get our invoices out to our customers faster. Then hopefully get paid faster and therefore increase our active cash management.
Deltek Costpoint is an amazing system. Make sure that you review what you need your software to do and then examine if it is the best fit for what you need. Look at your company processes to choose the best integration process. Meet with several integration consultants to find the one that understands what you company's needs during the integration and testing process. Also make sure that your staff is properly trained. Deltek provides many ways in which to gain the required training from Deltek University to webinars, white papers, and highly knowledgeable consultants.

Deltek Costpoint Feature Ratings

Accounts payable
8
Accounts receivable
9
Global Financial Support
Not Rated
Primary and Secondary Ledgers
Not Rated
Journals and Reconciliations
9
Configurable Accounting
8
Standardized Processes
7
Billing Management
9
Cash and Asset Management
9
Travel & Expense Management
Not Rated
Budgetary Control & Encumbrance Accounting
8
Period Close
8
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Cost of goods sold
Not Rated
Order Orchestration
Not Rated
Pay calculation
Not Rated
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Dashboards
Not Rated
Standard reports
7
Custom reports
8
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
Role-based user permissions
10
Single sign-on capability
10
Award Lifecycle Management
Not Rated
Budgeting and Forecasting
8
Project Costing
9
Cost Capture
9
Capital Project Management
Not Rated
Customer Contract Compliance
Not Rated
Project Revenue Recognition
8
Project Planning and Scheduling
Not Rated
Task Insight for Project Managers
8
Project Mobile Functionality
Not Rated
Definable Resource Pools
Not Rated
Not Rated
Bids Analyzed and Compared
Not Rated
Contract Authoring
Not Rated
Contract Repository
Not Rated
Requisitions-to-Purchase Orders Integrated
Not Rated
Supplier Management
Not Rated
Risk Repository
9
Control Management
8
Control Efficiency Assessments
Not Rated
Issue Detection
Not Rated
Remediation and Certification
Not Rated
Not Rated
Transportation Planning and Optimization
Not Rated
Transportation Execution Management
Not Rated
Trade and Customs Management
Not Rated
Fulfillment Management
Not Rated
Warehouse Workforce Management
Not Rated
Not Rated
Production Process Design
Not Rated
Production Management
Not Rated
Configuration Management
Not Rated
Work Execution
Not Rated
Manufacturing Costs
Not Rated
Not Rated
Forecasting
Not Rated
Inventory Planning
Not Rated
Performance Monitoring
Not Rated
Proposal Management
Not Rated
Product Master Data Management
Not Rated