Deltek Costpoint
DeltekReviews from AWS customer
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For government contractors, it is a very practical software.
What do you like best about the product?
The project reporting is very comprehansive. The cost pool structure is very pratical. The timesheet and expense module are DCAA approved application.
What do you dislike about the product?
It need more work on the user-friendly interface.
What problems is the product solving and how is that benefiting you?
As a federal contractor, we need Costpoint to provide us contract specific comprehensive controls and reports.
Deltek Costpoint review
What do you like best about the product?
Easily handles the multitude of projects we have.
What do you dislike about the product?
Single user processes in payroll. We have mulitiple users and we have to schedule our processing.
What problems is the product solving and how is that benefiting you?
We are able to allocate everything by project. We have several project control employees that are able to pull their data in order to efficiently process the finance work.
Costpoint is a good ERP solution
What do you like best about the product?
Costpoint select support is very helpful from accounting, technical, and all around support. The application itself is fairly customizable.
What do you dislike about the product?
There seem to be a fair amount of bugs that enter the application through updates.
What problems is the product solving and how is that benefiting you?
Government contracting. Costpoint is a good solution to apply an ERP toward government contracting accounting.
Perfect solution for project accounting.
What do you like best about the product?
User interface, expense module, and payroll.
The help function is the most convenient and user-friendly element to get an answer quickly.
Downloading reports in various formats allows users to meet the requirements.
Copy and paste feature is best.
The help function is the most convenient and user-friendly element to get an answer quickly.
Downloading reports in various formats allows users to meet the requirements.
Copy and paste feature is best.
What do you dislike about the product?
Limited training videos are available on YouTube or any other social media platform.
What problems is the product solving and how is that benefiting you?
Project accounting and reporting for program managers through PSR's help meet the business requirements. Scheduling reports is also the most useful and timing-saving feature.
All-around Great Product
What do you like best about the product?
I love being able to use Costpoint for all of our government contracts in one system. Being able to track them all, individually, as well as our staffing working on each, is tremendous.
What do you dislike about the product?
Sometimes we use it so much it needs a break! Those days are not fun, but it always bounces back. I'm not a tech expert, so I don't know specifics on how to improve performance like that, but an improvement would help.
What problems is the product solving and how is that benefiting you?
We are able to load and track all of our government contracts from project codes to time and expense to payroll to operating year cut offs and staffing numbers.
Best Project Life Cycle ERP. Opportunity> Contract >Planning >Financial Management>Audit Compliances
What do you like best about the product?
- Upcoming Deltek Harmony will definitely going to have user friendly user interface
- DCAA compliant POOL Rate computation and Planning Module with Project, New Business Budget and Org Budget is most useful module for finance team.
- Forward rate computation in Org Budget from planning module.
- Great software for accounting and maintaining FAR compliances in Contract module.
- DCAA compliant POOL Rate computation and Planning Module with Project, New Business Budget and Org Budget is most useful module for finance team.
- Forward rate computation in Org Budget from planning module.
- Great software for accounting and maintaining FAR compliances in Contract module.
What do you dislike about the product?
- Direct update of GL posting to project tables, this will eliminate the waiting time.
- Should allow to integrate the Costpoint with open source tool like Power BI so that can have Top Management a dashboard which is very limited in CER
- Should allow to integrate the Costpoint with open source tool like Power BI so that can have Top Management a dashboard which is very limited in CER
What problems is the product solving and how is that benefiting you?
- It is great ERP system to have P2P, O2R, R2R tracking for account and finance team
- The financial capabilities at Org level, Reorg Level, Project Level, Alternate Project level make it robust and very useful for multi fold dimensional reporting
- Deltek's planning module help to do Project and Resource planning, also New business planning ahead of time. It works independently and collobrate with actual data from Costpoint. The more analysis with data possible through BI reports help to take decesion faster.
- The financial capabilities at Org level, Reorg Level, Project Level, Alternate Project level make it robust and very useful for multi fold dimensional reporting
- Deltek's planning module help to do Project and Resource planning, also New business planning ahead of time. It works independently and collobrate with actual data from Costpoint. The more analysis with data possible through BI reports help to take decesion faster.
Costpoint is a good as the initial setup
What do you like best about the product?
Automation and data visibility, along with the BI reporting capabilities
What do you dislike about the product?
Some of the features like Multi-Currency need updating, which I believe are coming in later versions
What problems is the product solving and how is that benefiting you?
Project Direct / Indirect Cost visibility
Best Project Based System
What do you like best about the product?
I have used Costpoint for over 25 years. It is the most robust and customizable program I've ever seen for project-based accounting and finance. No other program can compare to the Cost Pool features in Costpoint for indirect rate management, as well as having the ability to perform all other functions needed for optimum financial reporting and compliance.
What do you dislike about the product?
Very expensive to implement and takes a while to learn.
What problems is the product solving and how is that benefiting you?
We use Costpoint for all Accounting and Project functions, as well as T&E and Procurement.
Deltek Costpoint is a user friendly system
What do you like best about the product?
I've used different systems in the past. Deltek Costpoint is user-friendly, with everything conveniently a click away in the same dashboard. Customizing the system to your business needs makes it work for all.
What do you dislike about the product?
The workflow module needs to be more customizable. It does not work for all companies' needs. Having to use a workflow tool not within Deltek Costpoint can be costly.
What problems is the product solving and how is that benefiting you?
Deltek Costpoint solves may issues we have. We will now be CAS compliant. All our billing will be automated instead of manual. We will be able to follow our funding and workforce easily.
Long time admin
What do you like best about the product?
Support , cloud system platform, a new supplier portal option
What do you dislike about the product?
Price and integration with the third party application
What problems is the product solving and how is that benefiting you?
Non profit
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