Deltek Costpoint

What do you like best about the product?

I love Deltek Costpoint's job costing and indirect rates features. The tool provides a great level of detail, which allows me to get a P&L for every project seamlessly. Even though I'm a bit biased because I've used it throughout my career, I find that it gives us all the information we need and works perfectly for our accounting needs.

What do you dislike about the product?

I feel like Deltek Costpoint is somewhat complex, though it seems manageable once you know the system. However, there's something about the integration with other tools; currently, we mostly do data dumps since we don't have an API running yet. I plan to integrate it with our payroll and CRM tools, but that's a goal for the future as we work on more automation. So, there's that gap at the moment.

What problems is the product solving and how is that benefiting you?

I use Deltek Costpoint for accounting, job costing, indirect rates, and timekeeping. It provides detailed project life cycle management and helps me access seamless P&L information for each project.

What do you like best about the product?

I like that Deltek Costpoint makes it easier to complete our ICR at the end of the year. It also simplifies separating unallowable, shared, G&A, and overhead costs compared to competitors.

What do you dislike about the product?

There is no notification for journal entries, cash receipts, and vouchers that need to be approved. This is an issue because we have segregation of duties in place and need to be SOX compliant, which causes more back and forth when a notification could easily be sent to reviewers. Additionally, the alignment with US GAAP is more difficult than it could be. The initial setup was also challenging as we had to load life-to-date data instead of just point-in-time data and project history.

What problems is the product solving and how is that benefiting you?

Deltek Costpoint helps us stay CAS compliant by integrating timekeeping with accounting. It simplifies completing the ICR and separating costs like G&A and overhead. However, it lacks notification features for approvals and has alignment challenges with US GAAP.

What do you like best about the product?

Accessing Costpoint from a mobile device. Previously, I primarily accessed the system using a desktop computer.

What do you dislike about the product?

The amount of staff I manage makes it difficult on a mobile device.

What problems is the product solving and how is that benefiting you?

Using the same login makes accessing easier.

What do you like best about the product?

I have used this software in the past. I like that you can add items to your favorites to work around those you don’t need or use often.

What do you dislike about the product?

Deleting line items on the timesheet does not leave them deleted.

What problems is the product solving and how is that benefiting you?

Better tracking for items.

What do you like best about the product?

The ability to work outside excel and put it back in system

What do you dislike about the product?

Character limit and Dela, and support isn't great

What problems is the product solving and how is that benefiting you?

Your project budget tool is 10x better than our old system

What do you like best about the product?

I like the ease of use of Deltek Costpoint the most. It's easy to find anything I need in the timesheet module, making the process of tracking our employees' time relatively painless. If edits need to be made due to incorrect postings, it's easy to correct and have employees re-sign timesheets. We can efficiently manage timesheet management, payroll, and posting labor distributions with reduced staff. Once you learn the processes, it's an easy and efficient system to use.

What do you dislike about the product?

I don't really dislike anything about Costpoint. However, I will say that I recently completed several Costpoint certificates on the Deltek Learning Hub and didn't receive the badge or certification email upon completion. I completed the Costpoint Silver Business Intelligence Report Authoring Certification Exam, and also the Costpoint Silver Labor Management Certification exam but didn't receive the badge or certification email for completing these two exams. The automated email stated that I should receive them within a 48 hour period, but it's been greater than that timeframe and I still haven't received. Do you know who I would need to contact or reach out to to receive these certificates?

What problems is the product solving and how is that benefiting you?

Deltek Costpoint organizes and simplifies processes like timesheet management, making tracking time easy and correcting errors painless, while improving overall ease of use and efficiency with less staff.

What do you like best about the product?

very user-friendly and easy to navigate through

What do you dislike about the product?

It doesn't have a chat box within the program

What problems is the product solving and how is that benefiting you?

Its solve payment issues with PO issues

What do you like best about the product?

T&E is user friendly. when it come to F&A, to many click to complete one task

What do you dislike about the product?

create custom BI report is not easy for simple users

What problems is the product solving and how is that benefiting you?

database refresh and they did great

What do you like best about the product?

User-Friendly Interface: Even with its comprehensive feature set, Costpoint has a user-friendly interface that keeps navigation intuitive for users at any experience level. The customizable dashboards let us tailor the system to our specific needs, so we can reach the information we need quickly and work more efficiently.

What do you dislike about the product?

The AI is still lagging and sometimes it can be difficult for Dela to get to eh correct page.

What problems is the product solving and how is that benefiting you?

Scalability: As our organization has grown, Costpoint has scaled right along with us. Its flexible architecture makes it easy to add new modules and features as our needs evolve, so we can continue to rely on it as a long-term solution.

What do you like best about the product?

Deltek Costpoint is one of the most robust government contracting software options available. It also includes helpful guardrails that guide users as they navigate compliance requirements.

What do you dislike about the product?

The system includes features that ensure compliance with government contracting rules. However, this also makes it less user-friendly for end users when they’re completing expense reports or timesheets.

What problems is the product solving and how is that benefiting you?

We successfully passed the post-award accounting system audit.