Strong ERP works globally in all industries.
March 11, 2020

Strong ERP works globally in all industries.

David McCallister | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with Deltek Costpoint

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
  • 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.
  • Option to complete tasks using customized workflow has made a big difference in productivity.
  • Automating manual processes has allowed employees to complete business transactions in a fraction of time, producing a greater return on investment.
  • Automating document repository processes eliminates the need for paper and allows us to work in a truly paperless environment.
Deltek Costpoint is really in a class by itself. There really aren't any true competitors that have project accounting as a staple of their software enterprise suite. Certain components of Costpoint might compete with large ERP systems but each one is unique to that particular industry whereas Costpoint works across all industries and is seamless.
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.

Deltek Costpoint Feature Ratings

Accounts payable
10
Accounts receivable
10
Global Financial Support
10
Primary and Secondary Ledgers
10
Intercompany Accounting
10
Localizations
10
Journals and Reconciliations
8
Enterprise Accounting
8
Configurable Accounting
9
Centralized Rules Framework
9
Standardized Processes
9
Automated Invoice Processing
10
Shared Services Payments
8
Billings Management
8
Customer Receipt Applications
7
Customer Collections
9
Revenue Recognition
10
Cash Management
10
Asset Management
7
Travel & Expense Management
9
Budgetary Control & Encumbrance Accounting
9
Period Close
10
Transactions Tax
10
Subledger Reconciliations
10
3rd Party Accounting Systems
10
Inventory tracking
10
Automatic reordering
7
Location management
9
Manufacturing module
10
Pricing
10
Order entry
10
Cost of goods sold
10
Order Orchestration
10
End-to-end order visibility
10
Order exception Resolution
10
Pay calculation
10
Benefit plan administration
10
Direct deposit files
10
Salary revision and increment management
10
Reimbursement management
10
Dashboards
9
Standard reports
9
Custom reports
9
API for custom integration
9
Plug-ins
9
Role-based user permissions
10
Single sign-on capability
10
Award Lifecycle Management
10
Spending Control
10
Indirect Cost Management
10
Billing
10
Budgeting and Forecasting
10
Project Costing
10
Cost Capture
10
Capital Project Management
10
Customer Invoicing
10
Customer Contract Compliance
10
Project Revenue Recognition
10
Project Financial Performance Analysis
10
Project Financials Dashboard
10
Real-time Financial Reporting
10
Embedded Business Intelligence
10
Project Planning Collaboration
10
Project Planning and Scheduling
10
Project Manager Dashboard
10
Resource Manager Dashboard
10
Task Insight for Project Managers
10
Project Manager Mobile Functionality
10
Team Member Task Collaboration
10
Team Member Mobile Functionality
10
Project Candidate Search
10
Project Candidate Comparison and Analysis
10
Defineable Resource Pools
10
Defineable Resource Pools
10
Talent Profiles
10
Real-Time Project Reporting
10
Absence Management
10
Product Lifecycle Management
10
Sourcing Team Collaboration
8
Sourcing Analysis
8
Bids Analyzed and Compared
8
Catalog Shopping E-Commerce for Employees
8
Contract Authoring
8
Contract Compliance Management
8
Contract History
9
Contract Renewal Automation
7
Contract Repository
8
Contract Standardization and Enforcement
8
Electronic Signatures
10
Invoice Automated Matching
10
Purchasing Risk and Compliance Management
10
Requisitions-to-Purchase Orders Integrated
10
Spend Compliance Management
10
Supplier Assessment
10
Supplier Communication and Collaboration
10
Supplier Management
10
Supplier Portal
10
Transportation Execution Management
9
Freight Payment Automation
7
Customs Entry Management
8
Customs Document Management
8
Customs Document Collaboration
9
Fulfillment Management
8
Inventory Visibility
10
Warehouse Workforce Management
8
Production Process Design
8
Supply Chain Business Flows
8
Production Management
8
Contracted Manufacturing Management
8
Configuration Management
8
Work Definition
8
Work Execution
8
Advanced Fulfillment
8
Manufacturing Costs
8
Forecasting
8
Inventory Planning
8
Multi-tier Supply Chain Planning
8
Performance Monitoring
8
Proposal Management
7
Product Master Data Management
8
Vendor Portal
10
Project Portfolio Management
9