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Deltek Costpoint Reviews & Product Details - Page 4

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
Product Website
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

Official Downloads

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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.
Katie T.
KT
Federal Business Systems Manager
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: G2 Gives Campaign
Incentivized Review
What do you like best about Deltek Costpoint?

The relationships we've built with Deltek are the best! Costpoint was the best solution for us, and then the people are second to none! Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

UI is a little dated, but know that advancements are planned. So, we appreciate the attention to addressing. Review collected by and hosted on G2.com.

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

The road to AI is one that is top of mind with Deltek, which we love. We're anxious for the rollout of Dela and Harmony! Review collected by and hosted on G2.com.

AD
Compliance manager
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 Gives Campaign
Incentivized Review
What do you like best about Deltek Costpoint?

BI allows for easy access to data and amazing customization features for my role in compliance! Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

Rate changes during the year are difficult to manage. Review collected by and hosted on G2.com.

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

Project management and timekeeping Review collected by and hosted on G2.com.

Verified User in Government Administration
UG
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 Gives Campaign
Incentivized Review
What do you like best about Deltek Costpoint?

It has great capabilities to collect financial information and organize it in a way that can be presented in various reports that comply with the rigorous requirements of government contracts Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

Too many different places that you have to go to to complete a task from start to finish Review collected by and hosted on G2.com.

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

We record all of our financial information and transactions to be able to generate reports for government contracts Review collected by and hosted on G2.com.

Verified User in Government Administration
AG
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?

It is a customizable environment that can tailor to your needs. It works well in its own environment and helps us complete our tasks Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

It can be a little hard to get exactly the experience you want but you can get a close approximation Review collected by and hosted on G2.com.

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

It allows us to view our data amalgamation easily and create reports on the items we need to expand our business. Review collected by and hosted on G2.com.

Response from Susan Shuckra of Deltek Costpoint

Thank you for your review of Deltek Costpoint. We are glad to know that Costpoint is helping you solve your data amalgamation and reporting problems. Costpoint is designed to help you access, analyze, and visualize your data easily and effectively. Thank you for choosing Costpoint as your ERP solution.

BH
Purchasing Manager
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 Gives Campaign
Incentivized Review
What do you like best about Deltek Costpoint?

The integration and customization fits my needs perfectly Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

If it could be more user friendly, or have a training mode, it would be helpful. Review collected by and hosted on G2.com.

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

Purchasing and Managing POs Review collected by and hosted on G2.com.

EH
Cognos developer
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 Gives Campaign
Incentivized Review
What do you like best about Deltek Costpoint?

Value added BI offerings for financial reporting. Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

Hard to upgrade. Sometimes hard to locate screens to mirror what tables you find in the database. Review collected by and hosted on G2.com.

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

Sales order finacials Review collected by and hosted on G2.com.

SB
Accountant III & contracts specialist
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 Gives Campaign
Incentivized Review
What do you like best about Deltek Costpoint?

Deltek cost point is a Modern look, easy to learn and use Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

Still lacking certain features and needs additional Review collected by and hosted on G2.com.

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

It helps with timesheets and additional reporting Review collected by and hosted on G2.com.

Verified User in Construction
UC
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Deltek Costpoint?

Navigation banner is great! Love being able to move to each step in our lengthy processes needed to complete a task. Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

No live data, too much updating needed and everything is set in stone, no way to edit and resave. Review collected by and hosted on G2.com.

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

Reporting is good, but really hard to build reports needed. Review collected by and hosted on G2.com.

Response from Amy Brennan of Deltek Costpoint

Thank you so much for your honest feedback about Costpoint. We are always making enhancements to our reporting and analytics so we will pass along your comments to our product team. In the meantime, we do have great resources for building reports and getting the most out of your data. I've provided a link to our Costpoint Coffee Breaks which are monthly best practice webinars, some of which are dedicated to Costpoint BI and reporting. Thank you for being a valued Deltek customer!

See how Deltek Costpoint improved
NG
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Deltek Costpoint?

Recognition and FAR compliance for Government contractors Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

- Canned reports when exported to excel are not organized in a way to be able to analyze the date in an efficient manner

- We've had numerous issues since the 8.2 upgrade was made in August 2023

- Currently having issues where PSR, Revenue Worksheets, and the GL revenue does not align for numerous projects

- Charging customers additional fees to have additional individuals with the ability to submit tickets is very restrictive and inefficient for client help given the amount of help we've required in the last 6 months

- The amount of steps required to perform tasks/updates to tables/GL compared to other systems is very inefficient.

- Customer support can be slow without going to significant effort to escalate issues Review collected by and hosted on G2.com.

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

Honestly, we are very frustrated with the systems functionality at this moment as well as the time it is taking to resolve issues with customer support. Review collected by and hosted on G2.com.

Response from Susan Shuckra of Deltek Costpoint

Hi Neil, Thank you for providing valuable feedback regarding your experience with Deltek Costpoint. We are committed to understanding and addressing your concerns related to the transition to Costpoint 8.2.

We assure you that your concerns are our priority, and we are dedicated to resolving them promptly. Your Customer Success Manager (CSM) has been notified and will reach out to you shortly to address the specific issues you’ve encountered.

We are grateful for your patience and cooperation as we collaborate to enhance your experience with Costpoint. Rest assured, we value your business highly and are determined to reaffirm your confidence in our product and service.

Should you have any further questions or additional feedback, please do not hesitate to reach out. We appreciate your choice of Deltek Costpoint.

AC
Corporate Project Controls Manager
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 Gives Campaign
Incentivized Review
What do you like best about Deltek Costpoint?

Data, time tracking and customization options Review collected by and hosted on G2.com.

What do you dislike about Deltek Costpoint?

Complex and takes time to master and train Review collected by and hosted on G2.com.

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

Better data and accurate financial information and client reports and compliance Review collected by and hosted on G2.com.