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Deltek Costpoint description
Deltek Costpoint is a comprehensive business management software specifically designed for government contractors. It offers a suite of tools including project accounting, contract management, and real-time analytics. What sets it apart is its focus on compliance, helping businesses navigate the complexities of Federal Acquisition Regulations (FAR) and streamlining audits. This makes it a popular choice, with many top government contracting firms relying on Deltek Costpoint.
Who is Deltek Costpoint best for
Deltek Costpoint is a robust business management solution purpose-built for government contractors. It excels in project accounting, contract management, and compliance with regulations like FAR. While praised for its comprehensive features and customizability, some users find the interface challenging and report performance issues. Consider Deltek Costpoint if your firm needs strong compliance features but be prepared for a learning curve.
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Ideal for medium to large businesses, especially those with 500-10,000+ employees.
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Best fit for government contractors in industries like aerospace/defense, education, and professional services.
Deltek Costpoint features
Supported Costpoint allows managing vendor information, including contacts and payment terms. |
Supported Costpoint provides tools for creating financial statements, including balance sheets and income statements. |
Supported Costpoint offers real-time reporting for project status, time and expense tracking, and business intelligence. |
Supported Costpoint ensures data security and compliance with regulations like ITAR, SOC, and NIST SP 800-171. |
We evaluate the sentiment that users express about non-functional aspects of the software
Value and Pricing Transparency
Customer Service
Ease of Use
Reliability and Performance
Ease of Implementation
Deltek Costpoint reviews
We've summarised 366 Deltek Costpoint reviews (Deltek Costpoint G2 reviews) and summarised the main points below.
- Comprehensive project accounting capabilities.
- Strong compliance features for government contractors.
- Customizable through extensibilities.
- Integrated modules for various business functions.
- Robust reporting through Cognos BI (when accessible).
- Difficult to use for non-technical users.
- Time and Expense module is not user-friendly.
- Reporting is cumbersome and difficult to navigate.
- Slow performance, especially in the cloud.
- Frequent bugs and glitches, especially after updates.
Deltek Costpoint pricing
The commentary is based on 21 reviews from Deltek Costpoint G2 reviews.
Deltek Costpoint is often described as expensive, especially for smaller businesses. While some users find it pricey, others consider its robust features and compliance capabilities valuable for government contractors, justifying the cost. The high implementation cost is also a recurring concern.
Users sentiment
Deltek Costpoint alternatives
JAMIS Prime ERPGovernment contractor/nonprofit ERP for streamlined project & financial management.Read more
Planisware OrchestraStrategic portfolio management for complex projects, boosting efficiency.Read more
Deltek Costpoint FAQ
Deltek Costpoint is a project-based ERP system designed for government contractors. It provides tools for project accounting, contract management, compliance, and real-time analytics, helping businesses navigate the complexities of government contracting.
What is Deltek Costpoint and what does Deltek Costpoint do?
Deltek Costpoint is a project-based ERP system designed for government contractors. It provides tools for project accounting, contract management, compliance, and real-time analytics, helping businesses navigate the complexities of government contracting.
Deltek Costpoint integrates with various tools, though specific integrations aren't explicitly listed. Its open API allows connections with other software. However, users have reported that reporting and some modules are cumbersome, suggesting potential integration challenges.
How does Deltek Costpoint integrate with other tools?
Deltek Costpoint integrates with various tools, though specific integrations aren't explicitly listed. Its open API allows connections with other software. However, users have reported that reporting and some modules are cumbersome, suggesting potential integration challenges.
Top Deltek Costpoint competitors include Acumatica, JAMIS Prime ERP, and SAP S/4HANA Cloud. These alternatives offer similar project accounting, financial management, and reporting functionalities, often with varying focuses on specific industries or company sizes.
What the main competitors of Deltek Costpoint?
Top Deltek Costpoint competitors include Acumatica, JAMIS Prime ERP, and SAP S/4HANA Cloud. These alternatives offer similar project accounting, financial management, and reporting functionalities, often with varying focuses on specific industries or company sizes.
Yes, Deltek Costpoint is a legitimate project management software specializing in government contractors. It's known for its robust compliance features, aiding businesses in navigating complex regulations. However, some users find it challenging to use and experience slow performance.
Is Deltek Costpoint legit?
Yes, Deltek Costpoint is a legitimate project management software specializing in government contractors. It's known for its robust compliance features, aiding businesses in navigating complex regulations. However, some users find it challenging to use and experience slow performance.
I couldn't find pricing details for Deltek Costpoint. Contact Deltek directly for a personalized quote based on your specific needs and company size. Consider exploring alternative project management solutions with transparent pricing if budget is a primary concern.
How much does Deltek Costpoint cost?
I couldn't find pricing details for Deltek Costpoint. Contact Deltek directly for a personalized quote based on your specific needs and company size. Consider exploring alternative project management solutions with transparent pricing if budget is a primary concern.
Deltek Costpoint's customer service receives mixed reviews. While some users praise the helpful and knowledgeable support staff, others express frustration with slow response times and the need to escalate issues for resolution. Several users mention great customer service, but some find it difficult to get timely support.
Is Deltek Costpoint customer service good?
Deltek Costpoint's customer service receives mixed reviews. While some users praise the helpful and knowledgeable support staff, others express frustration with slow response times and the need to escalate issues for resolution. Several users mention great customer service, but some find it difficult to get timely support.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.
An AI tool that observes your work, finds inefficiencies, and suggests smarter ways to do things. Maybe you can use your tools better, automate tasks, or switch software.