softwareDeltek Costpoint
1 Reviews
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
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
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
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.
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.
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.
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.
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.
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.
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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
- Customization can be enhanced
- 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
4
1 Reviews
Rating Distribution
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Overall Rating
4
1 Reviews
Rating Distribution
5
0
4
1
3
0
2
0
1
0
Share your experience
Frequently Asked Questions
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