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Deltek Costpoint Reviews & Product Details - Page 2

Deltek Costpoint Overview

What is Deltek Costpoint?

Deltek Costpoint is an ERP and accounting solution for Government Contractors with 98% of the top 50 firms trusting Costpoint for project accounting, contracts management, real-time analytics and reporting. Costpoint provides a means to implement Federal Acquisition Regulations (FAR) and DFARS compliant financial accounting and procurement process including support for MMAS requirements and DPAS ratings, ensuring streamlined DCAA or DCMA audits. Deltek’s GovCon Cloud SaaS offerings of Costpoint are built with security in mind and support FAR and DFARS cybersecurity requirements. Costpoint GovCon Cloud Moderate (GCCM) is FedRAMP Moderate Ready and supports CMMC Level 2 and Level 3 compliance as well as export-controlled ITAR data protection requirements as a cloud service provider. With an experienced industry team, Deltek is a trusted partner that provides award-winning support and successful project delivery.

Deltek Costpoint Details
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Languages Supported
German, English, French, Dutch
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Product Description

Deltek Costpoint is an ERP and accounting solution for Government Contractors with 98% of the top 50 firms trusting Costpoint for project accounting, contracts management, real-time analytics and reporting. Costpoint provides a means to implement Federal Acquisition Regulations (FAR) and DFARS compliant financial accounting and procurement process including support for MMAS requirements and DPAS ratings, ensuring streamlined DCAA or DCMA audits. Deltek Costpoint Cloud is a secure and DFARS-compliant solution — providing customers with the built-in security and compliance infrastructure to support NIST 800-171 controls (foundational for CMMC compliance). With an experienced industry team, Deltek is a trusted partner that provides award-winning support and successful project delivery.

How do you position yourself against your competitors?

Costpoint simplifies sophisticated processes such as billing, revenue recognition, labor collection, expense management and compliance to maximize profit and revenue and improve cash flow. Costpoint optimizes your entire workforce so that you maximize your human capital to strengthen your brand in order to attract and retain the world’s top talent. With tight financial controls and flexible work breakdown structures, Costpoint delivers the best business intelligence to help contractors deliver more projects on time and on budget.


Seller Details
Seller
Deltek
Company Website
Year Founded
1983
HQ Location
Herndon, VA
Twitter
@Deltek
6,560 Twitter followers
LinkedIn® Page
www.linkedin.com
4,725 employees on LinkedIn®
Description

Deltek is a global provider of enterprise software and information solutions for government contractors, professional services firms and other project- and people-based businesses.


Lauran C.
LC
Overview Provided by:
Vice President, Strategic Communications at Deltek

Recent Deltek Costpoint Reviews

Wana M.
WM
Wana M.Enterprise (> 1000 emp.)
5.0 out of 5
"Best government contracting tool"
It's user friendly, once users find their way can be very useful
Jessica K.
JK
Jessica K.Mid-Market (51-1000 emp.)
5.0 out of 5
"Great Customer Service"
I find Deltek to be user friendly. I also appreciate the help site and live support options.
Verified User
U
Verified UserMid-Market (51-1000 emp.)
3.5 out of 5
"Deltek Cospoint-"
Most helpful about CostPoint is it crosses several departments within one big platform. There is a module for each aspect of Government Contracting.
Security Badge
Deltek Costpoint Security
Get security information from Deltek Costpoint to help you buy the right software. View Security Information
Deltek Costpoint security information includes:
SOC 2 (System and Organization Controls 2)
CIS Controls (Center for Internet Security Controls)
FedRAMP (Federal Risk and Authorization Management Program)
CSA (Cloud Security Alliance)

Deltek Costpoint Media

Deltek Costpoint Demo - Costpoint Welcome Page
Costpoint’s modern Welcome Page and intuitive navigation ensures users can quickly navigate to their most used applications and get started on everyday tasks.
Deltek Costpoint Demo - Costpoint Timesheet Interface
Costpoint’s timesheet interface makes this everyday task more intuitive with less steps for common functions and more avenues to enter daily time.
Deltek Costpoint Demo - Costpoint Project Health Dashboard
Costpoint’s Project Health Dashboard provides at-a-glance visibility into accounts receivable, billing, backlog, and indirect/direct labor plus has the ability to drill down for more information.
Deltek Costpoint Demo - Costpoint Interactive Emails for Time Entry
Deltek is one of the first to offer the ability to enter, submit and approve time through email, without logging into Costpoint.
Deltek Costpoint Demo - Costpoint Time and Expense Mobile App
Upload receipts on the go, with mobile access that accelerates timesheet and expense report processing.
Deltek Costpoint Demo - Costpoint Supplier Performance Dashboard
On the Supplier Performance dashboard you can automatically track on time delivery, late deliveries and PO rejections.
Play Deltek Costpoint Video
Play Deltek Costpoint Video

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Video Reviews

512 Deltek Costpoint Reviews

4.2 out of 5
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512 Deltek Costpoint Reviews
4.2 out of 5
512 Deltek Costpoint Reviews
4.2 out of 5

Deltek Costpoint Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for Deltek CostpointQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
Verified User in Defense & Space
UD
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 Gives Campaign
Incentivized Review
(Original )Information
What do you like best about Deltek Costpoint?

Most helpful about CostPoint is it crosses several departments within one big platform. There is a module for each aspect of Government Contracting. Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

The least helpful is not all of the modules talk to each other to make streamlining more effective. Review collected by and hosted on G2.com.

What problems is Deltek Costpoint solving and how is that benefiting you?

Problems Deltek are solving is the ability to have a data repository better features that talk across platforms Review collected by and hosted on G2.com.

Response from Susan Shuckra of Deltek Costpoint

Thank you for your review on G2. We appreciate your feedback and we are glad to hear that you find Costpoint helpful for your government contracting needs.

Verified User in Information Technology and Services
UI
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Seller invite
Incentivized Review
(Original )Information
What do you like best about Deltek Costpoint?

I've used Deltek since its inception; I was a beta test user at the company where I was working back in the 90s. I like the organization of the data and ease of use with the software...from System 1 through the latest version of Costpoint. Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

I do not like the Amount in Excess feature, specifically the labeling of it. Every customer, bar none, accepts the language "less amount in excess" despite the value in the current column being a positive value because the amount due is lower. However, as soon as funding is updated, the amount reverses. It's currently programmed to show a "negative" symbol with the value. This confuses customers, who either call to inquire why the invoice total increases when clearly the AME value has a minus sign or they simply reject. Every time. Their inquiry makes sense since every human on the planet has been programmed since grade school to subtract upon seeing a minus sign. I then have to contact the customer and explain that the heading 'suggests' the subtraction application and apologize that the developers couldn't program a minus sign the first time AME is achieved and remove it when funding is updated and the amount then added to the total for billing & collection. Review collected by and hosted on G2.com.

What problems is Deltek Costpoint solving and how is that benefiting you?

My current role is A/R & Billing Manager with a small government contractor. Given Deltek's reputation with DCAA and the Govcon industry, its a natural choice, the only choice, for a services based Govcon. Review collected by and hosted on G2.com.

Response from Susan Shuckra of Deltek Costpoint

Thank you for taking the time to share your experience with Deltek Costpoint on G2. We are glad to hear that you like the organization of the data and ease of use with the software, and that you have been a beta test user since the 90s. That is amazing!

We are sorry to hear that you do not like the Amount in Excess feature, and that it causes confusion and frustration for you and your customers. We understand your concern and we appreciate your suggestion to improve the labeling and the logic of the feature. We have forwarded your feedback to our product development team for their consideration.

We are happy to hear that Deltek Costpoint is solving your problems as an A/R & Billing Manager with a small government contractor, and that you trust our reputation with DCAA and the Govcon industry. We value your business and we hope to continue serving you with efficient, dependable, and quality data. Thank you again for your review and your support.

AT
Accounting and Administrative Assistant
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
What do you like best about Deltek Costpoint?

I've only been using for a few months but so far it is pretty easy and user friendly Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

So far I don't have any complaints, just had to learn to navigate everywhere. Review collected by and hosted on G2.com.

What problems is Deltek Costpoint solving and how is that benefiting you?

Saves us from manually entering Review collected by and hosted on G2.com.

CO
Vice President of Procurement
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: G2 Gives Campaign
Incentivized Review
What do you like best about Deltek Costpoint?

The strong alignment with the specific needs of government contractors. The platform offers robust tools for managing compliance with government regulations, which is critical for a defense contractor like Dayton T. Brown, Inc. Its ability to integrate project management, financials, procurement, and compliance in one system can streamline processes and provide a clear view of operations from top to bottom. Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

The inability to track DMR's and CAR's in the system. Review collected by and hosted on G2.com.

What problems is Deltek Costpoint solving and how is that benefiting you?

We are working on implementing Deltek CoatPoint for a go live of February 2025. It will be replacing a home grown system and offers countless improvement opportunities! Review collected by and hosted on G2.com.

TB
Director of Finance & Accounting
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Deltek Costpoint?

How it is always becoming more streamlined and always making changes to make it easier on the user. It helps company wide to help tansition the system to a company. Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

The slowness and glitches whenever an update occurs. Review collected by and hosted on G2.com.

What problems is Deltek Costpoint solving and how is that benefiting you?

Streamlining my process and making things less manual. Review collected by and hosted on G2.com.

sylvia s.
SS
Senior Billing Analyst
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Deltek Costpoint?

It is easy to navigate. It is always improving. Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

Not being able to have access to all modules. I know it equies licenses but once you have a log in you should be able to access all modules Review collected by and hosted on G2.com.

What problems is Deltek Costpoint solving and how is that benefiting you?

none. I do not have any problems Review collected by and hosted on G2.com.

Bri M.
BM
Costpoint Financial Systems Analyst
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 Gives Campaign
Incentivized Review
(Original )Information
What do you like best about Deltek Costpoint?

Costpoint is a great software that can be used across your business. Keep your accounting, expense, time, etc all in one place. Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

UX but it's being assessed and updated. Harmony is going to be great for Costpoint Review collected by and hosted on G2.com.

What problems is Deltek Costpoint solving and how is that benefiting you?

Ease of project set up and entry. Less time spent on project set up and more time on other tasks Review collected by and hosted on G2.com.

KC
Junior Accounting Clerk
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
What do you like best about Deltek Costpoint?

Deltek is great for managing expense authorizations and reports. Easy to update and create. Users are able to share and see everything.

Time portion is easy to navigate and has benefication information about employees leave status, paystubs. Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

The program seems to freeze up or is tying to catch up with the speed of use. Not sure if it is doing updates during the day but it can stall work for minutes. Review collected by and hosted on G2.com.

What problems is Deltek Costpoint solving and how is that benefiting you?

Right now is helping us keep track of when people are not doing their timesheets and how often. The reports we pull are helpful with knowing if we are keeping in compliance with timekeeping. Review collected by and hosted on G2.com.

MM
Director of financial systems
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Deltek Costpoint?

The ability to customize the configuration to meet the business needs of a company. Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

With the ability to customize configuration the system can become overwhelming for new users. Review collected by and hosted on G2.com.

What problems is Deltek Costpoint solving and how is that benefiting you?

The biggest benefit for me is the ability to to create complex indirect rates, and burden projects with those rates. Review collected by and hosted on G2.com.

Verified User in Defense & Space
UD
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
(Original )Information
What do you like best about Deltek Costpoint?

Great platform to capture and house data Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

I would like to see each costpoint module communicate more fluidly. I see a lot of potential with reporting but we find it easier to pull data from CP and build our own reports. I'm hopeful CP will be able to provide these reports one day. Review collected by and hosted on G2.com.

What problems is Deltek Costpoint solving and how is that benefiting you?

Costpoint is huge for capturing and housing all of our expenses. This allows us to accurately budget and forecast individual projects and and roll information up to report on a company wide level. Review collected by and hosted on G2.com.

Response from Susan Shuckra of Deltek Costpoint

Thank you for your review on G2. We appreciate your feedback and we are glad to hear that you find Costpoint a great platform to capture and house data. Thank you for choosing Deltek Costpoint as your ERP solution. We hope you continue to enjoy using it and we look forward to serving you in the future.