Deltek Costpoint
DeltekReviews from AWS customer
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Useful System for Managing Government Contracts and Grants in a Nonprofit Setting
What do you like best about the product?
What I appreciate most about Costpoint is how it brings together contract, financial, and compliance information in one system. I manage a large portfolio of government and private grants and contracts, and Costpoint helps ensure that project managers, finance, and compliance are all working from the same data. The system makes it easier to stay on top of contract modifications, billing terms, and funding limits, and the audit trail features are especially helpful when working with federal awards. I also rely heavily on the Business Intelligence module so that I am able to run customized reports, which has been key to tracking spending, burn rates, and projections across multiple contracts.
What do you dislike about the product?
One of the biggest challenges I’ve had with Costpoint is navigating the reporting fields outside of the BI module. The field names can be overly technical or counterintuitive, and unless you're in the system daily, it’s not easy to remember which fields to pull for specific reports. If it weren’t for the BI module, which simplifies reporting and lets me build visuals more intuitively, I’d probably struggle more with extracting the data I need. I understand the system is built for depth and compliance, but the user interface for reporting could be more user-friendly.
What problems is the product solving and how is that benefiting you?
Costpoint helps solve the challenge of keeping financial information organized and accessible across a complex portfolio of contracts and grants. I work closely with project managers, and having a centralized system where we can track budgets, spending, and remaining funds in real time has made a big difference. It helps ensure that project teams stay within budget and understand their financial standing without needing to dig through spreadsheets or request reports from accounting. This is especially important with government-funded work, where compliance and documentation are critical.
Better than most accounting softwares
What do you like best about the product?
Project budget tracking is very accommodating
What do you dislike about the product?
How complex it is. For those with complex needs this may be the best route.
What problems is the product solving and how is that benefiting you?
It is great for project cost tracking
I find the program difficult to use and learn
What do you like best about the product?
The Time and Expense Module are easy to use.
What do you dislike about the product?
There are so many fields that aren't used and makes the screens confusing. Mostly when trying to generate reports.
What problems is the product solving and how is that benefiting you?
Time keeping and invoicing. It allows the invoicing accurate to what we put in for time expenses.
Attending the Deltek Town Hall Webinar
What do you like best about the product?
Since the new update, Deltek is more of a user friendly database. The new feature that will allow quick entry expense will be extremely beneficial for the company.
What do you dislike about the product?
I am still in the process of learning Deltek and so far with the new upgrades, it has changed my viewpoint with the system. I do not have anything that o currently dislike about Deltek.
What problems is the product solving and how is that benefiting you?
Allowing the company to be able to do budget entry from start to finish.
Educational
What do you like best about the product?
the way the rates are calculated. give you the actual as well as the preliminary.
What do you dislike about the product?
Not knowing how revenue is calculated. revenue as one lump sum
What problems is the product solving and how is that benefiting you?
tracking projects. create invoice with detail and itd information
Real Costpoint user POV
What do you like best about the product?
Costpoint provides the security and functions that our Business needs to stay successful in Government Contracting.
The updates provided improve user experience and improve efficiencies without re-inventing the wheel.
The updates provided improve user experience and improve efficiencies without re-inventing the wheel.
What do you dislike about the product?
As of now, my company just updated to 8.2 and there have been some learning curves on issues there are no demo videos for, import AP vouchers to be specific.
I would also like to see updated demo videos and receive updates when new videos are available.
I would also like to see updated demo videos and receive updates when new videos are available.
What problems is the product solving and how is that benefiting you?
Costpoint allows extensive organization and project levels so drill down reporting can be done on very specific categories.
Easy menuing and timekeeping
What do you like best about the product?
Ease of menuing and, most importantly, the best support for your team (either in person or online). There are numerous features available in the software package from HR, timekeeping, benefits and payroll.
What do you dislike about the product?
The company is steadily making improvements to increase the ease of use with their layout. The new layout is intuitive and makes sense so that all related information is in one place.
What problems is the product solving and how is that benefiting you?
Ease of timekeeping for project based billing in terms of timekeeping and invoicing.
It took a little while, but I finally have the hang of it....
What do you like best about the product?
Now that i have been using it for a little while, I finally have the hang of the system!
What do you dislike about the product?
It is not the most user friendly system. I finally have the hang of it. I wish I was able to get into details in an easier way such as GL detail. There are a lot of steps and going back out of screens to get the information I need at times.
What problems is the product solving and how is that benefiting you?
I am not aware of any problems that Costpoint is helping me solve.
Costpoint Review
What do you like best about the product?
It is very logical and helpful to track, analyze data.
What do you dislike about the product?
I don't have anything that I would like to mention at this moment.
What problems is the product solving and how is that benefiting you?
Reporting features are useful for me.
Better than others
What do you like best about the product?
User friendly, holistic approach to managing projects. Hopefully upgrading to Costpoint Enterprise soon.
What do you dislike about the product?
I wish it had a drop down to go back to previous timesheets without entering the dates or doing back arrow one by one if it were a timesheet that is a few back.
What problems is the product solving and how is that benefiting you?
Invoicing and tracking project actuals but we are not using planning. Have tried implementing a few times and it just is not getting us the capability we would like.
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