logo
icon-search

Get help - it's free

Government contractors struggle with managing complex projects. Deltek Costpoint simplifies project management and offers prompt, knowledgeable support, making it the ideal solution for addressing these challenges. Overcome project management challenges at your organization and boost productivity. Get started today.

Deltek Costpoint Specifications

Time Tracking

Task Management

Reporting

Budget Management

View All Specifications

What Is Deltek Costpoint?

Overview

Deltek Costpoint is a cloud-based enterprise resource planning (ERP) software for government contractors. It’s a comprehensive solution that addresses these businesses' unique and complex project management needs. The software offers several solutions to manage government contracts and stay compliant. It includes contract management, invoicing, auditing, time entry and more.

What Is Deltek Costpoint Best For?

Deltek Costpoint software is known for its excellent customer support. The team is known for their prompt, knowledgeable, and dedicated assistance. The support team is readily available if faced with technical concerns, feature inquiries, or best practices guidance.

Deltek Costpoint Pricing

The pricing of Deltek Costpoint varies according to your company’s needs. Get a custom Deltek Costpoint price tailored to the specific needs of your industry.

Deltek Costpoint Integrations

The software integrates with GovWin IQ. However, the software does not provide any other third-party application names that it integrates with.

How Does Deltek Costpoint Work?

Here's how you can navigate the dashboard after the installation is completed:

  • Log in to access the Deltek Costpoint software with the credentials
  • Use the menu on the left to access modules like accounting, procurement, and time and expense
  • Find specific data or reports quickly by using the search bar at the top
  • Create financial reports, track projects, and analyze data in the ‘Reports’ section
  • Manage approvals, workflows, and document routing in the Workflow module
  • Plan, monitor, and control projects through the Projects module
  • Enter and approve timesheets and expenses in the dedicated sections
  • Customize your profile, preferences, and security settings in the ‘My Settings’ area
Learn more about the software by scheduling a free Deltek Costpoint demo

Who Is Deltek Costpoint For?

Several industries, including the following use the software:

  • Aerospace
  • Architecture
  • Engineering
  • Construction
  • Accounting
  • Energy, oil, and gas
  • Marketing

Is Deltek Costpoint Right For You?

Are you looking for a comprehensive solution that can handle the challenges of government contracting? Deltek Costpoint might be the perfect fit for your company. It has been recognized as a leader in the Project-Based ERP software category and has received several awards, including the Deltek MVP Awards and Power Award 2022.

Furthermore, many high-profile clients trust the software, such as Fluor Corporation, Battelle Memorial Institute, Amentum, Science Applications International Corporation, and KBR, Inc. Moreover, Deltek Costpoint provides multiple authentication options and supports Security Assertion Markup Language (SAML), an advanced security feature.

Want to learn more about Deltek Costpoint? Contact our customer support team at (661) 384-7070, and they will give you a detailed overview of the software to help you decide if it is the right fit for your organization.

Deltek Costpoint Features

The software provides a comprehensive audit trail that tracks all changes to project data and financial records. It is beneficial for companies that need to provide documentation for audits. Costpoint provides a clear and accurate record of all changes, making it easier for employees to prepare for audits and ensure compliance with all relevant regulations.

how it worksSee How It Works

Businesses can automate their business processes, improving efficiency and reducing the risk of errors using this feature. Deltek Costpoint allows users to define the activities involved in a business process, the staff involved, and how information flows from one person to another. By automating these processes, the platform helps organizations ensure they follow their procedures consistently.

how it worksSee How It Works

Deltek Costpoint provides comprehensive project accounting capabilities. It allows you to track, manage, and report on the financial aspects of your projects in real time. It helps you control project costs, improve cash flow, and increase profitability.

how it worksSee How It Works

With FAR-compliant processes, the platform manages any contract type, from Firm Fixed Price to Cost Plus. Deltek Costpoint project management assists you in staying compliant with government regulations and avoiding potential penalties.

how it worksSee How It Works

The system has built-in functionality to help you meet complex government regulations, including cybersecurity compliance requirements. It assists in protecting your sensitive data and maintain your clients' trust.

how it worksSee How It Works

The platform simplifies the process of logging work hours. It allows users to accurately record their time on different tasks and projects. Deltek Costpoint is useful for companies that bill their clients hourly. Providing a clear and accurate record of work hours helps businesses ensure that they are billing their clients correctly and fairly.

how it worksSee How It Works

Pros and Cons of Deltek Costpoint

Pros

  • Comprehensive project management capabilities
  • Responsive, knowledgeable, and dedicated customer support services
  • Simplifies time tracking
  • Leverages AI and machine learning to provide valuable insights
  • Enables businesses to automate processes

Cons

  • Setting up the software may require some time
  • Customization options can be improved further, according to some Deltek Costpoint reviews

Deltek Costpoint Reviews

Overall Rating

3.8

101 Reviews

Rating Distribution

5

star

(33)

4

star

(39)

3

star

(12)

2

star

(6)

1

star

(11)

April 2024

Reliable and consistent

Hosan

Government Administration

Ease of use

10

Value for money

9

Customer Support

10

Functionality

10

Pros

Their customer service, especially the zoom meetings to resolve issues. Transferring information from the software to Excel is easy.

Cons

I appreciate the frequent updates regarding software upgrades.

March 2024

Any review above 1 star is suspect

Anonymous

Not Specified

Ease of use

2

Value for money

4

Customer Support

4

Functionality

4

Pros

I can't think of anything positive. The only reason I use Costpoint is because my employer requires it.

Cons

I feel like I am using a UI from 1995, and it's clear no thought went into the user experience or flow. It is very unintuitive and clunky, and the mobile app is even worse.

August 2023

Deltek Costpoint 8.1

Phil

Oil & Energy

Ease of use

8

Value for money

8

Customer Support

8

Functionality

8

Pros

I like the extensive number of fields available for entering data, the highly normalized database structure, and the project-based accounting. The ability to customize the product using built-in extensibility is great. I can integrate Costpoint with other products using the built-in Web Services tool and several data preprocessors.

Cons

Some aspects of the product to be not intuitive. Some processes can take a considerable amount of time to complete. Recent version upgrades have been buggy, sometimes introducing new bugs that were not present in previous versions. It can take a amount of time for bug fixes to be released.

March 2023

Poor user interface

Razvan

Information Technology and Services

Ease of use

3

Value for money

3

Customer Support

6

Functionality

4

Pros

I don't like it, but I am required to use it.

Cons

The user interface is cumbersome. Despite having a PhD in machine learning, I find it hard to navigate the plurality of tables and fields. The system displays "unfillable" forms; for instance, for a certain configuration, there's no "Charge Type" possible, yet I can't submit the form without it. It doesn't save drafts despite pressing save, so I have lost all the records I've added.

February 2023

Deltek is simple and easy once you get a hang of it

Randall H

Defense & Space

Ease of use

7

Value for money

7

Customer Support

7

Functionality

8

Pros

My only interaction with Deltek Costpoint is using its timesheet feature for entering my hours after work every day. Logging in all my data is very straightforward. The application also gives you access to your pay stub and lets you know how much vacation time or paid time off you have remaining. Its wonderful that they are all together now because my company used to have separate systems for them previously.

Cons

At first, I had trouble getting used to the way Costpoint works because all the features I needed to enter my time data were ‘hidden’ behind menus. I still find it difficult but it turns out it’s how my company set it up. Also, I cannot find the PTO history.

December 2022

Awesome ERP Software for medium to large scale business/organization

Victor

Program Development

Ease of use

10

Value for money

8

Customer Support

8

Functionality

8

Pros

With the help of an ERP solution, I can simplify a challenging process. I can automate departments, project budgeting, and forecasting to boost profitability. Costpoint provides a single, comprehensive solution, making HR procedures easy from enrollment through recruitment. Its strong web service design makes integration simple, allowing me to easily deploy and use Deltek software in any production setup.

Cons

While using the software, I encounter more annoying messages.

November 2022

On point billing system

Richard Erick

Management Consulting

Ease of use

6

Value for money

6

Customer Support

8

Functionality

8

Pros

I really like that it can accurately record and track billable hours. It makes it easy to tag billed hours to the right budget/funding codes. I can see approval logs and edit mistakes.

Cons

There are too many clickable buttons that can be confusing for a first-time user, but I guess that's always the case when using new software.

October 2022

Costpoint Hard to use

Stuart

Government Administration

Ease of use

5

Value for money

6

Customer Support

8

Functionality

6

Pros

The best thing about Costpoint is that it generates reports really quickly.

Cons

I believe a lot of features could easily be improved on the UI/UX side. The system has a massive learning curve and is very clunky and hard to use.

October 2022

Comments on Costoint

Jim

Information Technology and Services

Ease of use

6

Value for money

6

Customer Support

8

Functionality

8

Pros

I find Costpoint to be the most effective and comprehensive government cost accounting system available. It contains many related back-office functions integrated within the system and is government-approved.

Cons

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

October 2022

Deltek Costpoint

Philip

Defense & Space

Ease of use

8

Value for money

8

Customer Support

8

Functionality

8

Pros

I can use it with third-party systems to manage expenses and payments.

Cons

The software does not produce the best reporting of amounts when there are negative entries.

View All 101 Reviews

Frequently Asked Questions

The Deltek Costpoint pricing can be customized according to the needs of your business.