Deltek Costpoint

Score6.7 out of 10

46 Reviews and Ratings

What is Deltek Costpoint?

Deltek Costpoint is an ERP soluftion designed for government contractors built around project management and accounting capabilities.

Categories & Use Cases

Enterprise Resource Planning (ERP)

Media

Screenshot of Once a new project has been set up, you are able to link the project to the existing opportunity.

Screenshot of Instead of being reactive, the solution’s workforce analytics helps users answer questions about the workforce and planning before hitting a talent shortage. It also helps individuals manage their employees efficiently by streamlining processes.

Screenshot of Costpoint’s manufacturing solution links the entire manufacturing process together, automating and streamlining processes, while capturing and monitoring data down to the project level with seamless integration to the financials.

Screenshot of With Costpoint’s procurement solution, users have access to real-time data to view company time spent and purchase orders. Individuals can set up dashboards to see what has been ordered, received, and posted. This enables companies to remain organized and be able to analyze information throughout the procurement process.

Screenshot of Costpoint’s accounting solution enables users to view and analyze financial trends by the fiscal year through a single dashboard.

Screenshot of Project Managers can look across the board at their projects to get a real-time view of all of their projects, in one comprehensive dashboard.

Screenshot of One screen makes time entry easier than ever before with the ability to be completed anywhere, anytime. Users can quickly enter hours, auto load charge favorites, look up charges from favorites or charge trees as well as make revisions and review hours.

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Screenshot of Once a new project has been set up, you are able to link the project to the existing opportunity.

Pay calculation
Pay calculation provides for computation of employee pay with state and federal deductions.
Category average: 7
Benefit plan administration
Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.
Category average: 7.2
Direct deposit files
Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.
Category average: 7.4

Performance Monitoring
Analyze business metrics and compare actual performance to plans, identify issues, prioritize demands and respond to changes
Category average: 7.3
Forecasting
Statistically forecast based on historical patterns and sales input, monitor accuracy and estimate new demand
Category average: 6.9
Inventory Planning
Establish projected inventory levels, monitor actual levels and compare with projected levels
Category average: 7.3

Verified User

Employee in Finance and Accounting (51-200 employees employees)

Use Cases and Deployment Scope

We, in the Finance department use Deltek for timekeeping, processing A/P, processing A/R, Contracts and Budgeting. Our staff uses Deltek for leave request, timesheets and holiday/floating holiday recording.

Pros

Timekeeping
A/P processing
A/R processing

Cons

More user friendly Budget module
More user friendly Capture & Contract module
Easier process of granting access to system

Return on Investment

Streamlines the A/R process
Streamlines the A/R process
Integrated well with ADP

Usability

Other Software Used

ADP SmartCompliance, ADP Workforce Now, Salesforce CMS

Verified User

Consultant in Research & Development (5001-10,000 employees employees)

Use Cases and Deployment Scope

Deltek Costpoint is used for project cost accounting, overall timesheet recording for employees and other project metrics tracking. It is customizable and also integrates to other programs but needs some learning. In our experience, the biggest issue we have with this program is that it is quite buggy, I think it is also very non intuitive in certain parts, search function isn't great.

Pros

Timesheet entry for employees
Project cost accounting for managers
Time management

Cons

App stability in Windows
Integration with other apps
User interface and user friendliness
Search features

Return on Investment

If a product frustrates your employees routinely, then it is NOT good for ROI.
In my experience, all downhill with it

Alternatives Considered

Ramco ERP and Acumatica

Other Software Used

ADP GlobalView Payroll, Typeform, Zapier, Microsoft Teams, Google Meet, ExpressVPN

Eric Krantz View profile

Instrumentation Engineer in Engineering at RESPEC (201-500 employees employees)

Pros

I can't find anything the Costpoint does well.

Cons

Cumbersome: Tasks that should be simple require complex operations.
Non-intuitive error messages: Error messages come up frequently and many are so cryptic that only the software designers would know what they intending to convey.
Non-intuitive flow: Filling out time sheets or expense reports is not intuitive the first few times you use it, nor is it intuitive after years of use. Error messages are frequent and not helpful.
Expense report attachments can only be PDF format, which means I can't take a photo of a receipt with my phone and transfer it directly in JPG or PNG. This requires (like so many other things in Costpoint) extra unnecessary steps.
Loss of information: In the timesheet module, if you forget to click "save", or if you click "save" and walk away and do not see an error message (with might take several seconds to appear), you lose all the information you entered. That means perhaps another 20 minutes navigating this frustrating and clunky application.
Non-intuitive: The many buttons across the top are like "what the heck is that? I'll click it just to see what it does".
Expense report redundancy: There are times when doing expense reports that the same information needs to be entered more than once.
Expense report searching: Finding a previously submitted expense report is non-intuitive, and when I do find it, absolutely no information is given.
Expense reports: When I attempt to find an old expense report (by again navigating through too many buttons, i.e., clicking time & expense --> expense --> expense reports --> manage expense reports), a new expense report is generated. I then click on "query" to find an old expense report, and it tells me that changes have not been saved in the current expense report (although I navigated to "manage expense reports" and did not ask the software to create a new one).
Outdated: The interface appears to have been made in the 1980s.
There are so many other little frustrating things in this software that coupled with the appearance and bugginess, I would call it the worst software I've ever used.

Return on Investment

Clunkiness of the software and learning curve required probably contribute to negative ROI.

Usability

David McCallister

AA Info Systems Manager in Finance and Accounting at NCTCOG (201-500 employees employees)

Pros

Enterprise Reporting
Budgeting and Planning
Time and Expense
Materials Management

Cons

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.

Return on Investment

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.

Other Software Used

IBM Cognos, Deltek Talent Management

Verified User

Manager in Information Technology (501-1000 employees employees)

Use Cases and Deployment Scope

It is used by employees to complete their billing period time sheets, track billable hours, and feed into our enterprise invoicing system.

Pros

It's hard to tell. It's a poorly design application from a UX perspective.

Cons

Poor UX overall
not intuitive (e.g., confusing labeling and iconography)
too many clicks and steps to accomplish tasks
does not allow to delete rows that have not data at any time
does not appear to have been properly user-tested

Return on Investment

It causes staff wasted time and frustration.
Filling timesheet daily or weekly is a task that organizations often have difficulty getting staff to do in a timely fashion, which causes billing and cash flow problems.

Other Software Used

Microsoft Teams, Adobe XD, Adobe InDesign, Adobe PhotoShop

Usability

NetSuite ERP

Sage Intacct

Acumatica

Deltek Costpoint

What is Deltek Costpoint?

Categories & Use Cases

Media

Key Features

Top Performing Features

Pay calculation

Benefit plan administration

Direct deposit files

Areas for Improvement

Performance Monitoring

Forecasting

Inventory Planning

Reviews

Use Cases and Deployment Scope

Pros

Cons

Return on Investment

Usability

Other Software Used

Use Cases and Deployment Scope

Pros

Cons

Return on Investment

Alternatives Considered

Other Software Used

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Return on Investment

Usability

Pros

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Return on Investment

Other Software Used

Use Cases and Deployment Scope

Pros

Cons

Return on Investment

Other Software Used

Usability

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