Deltek Costpoint
DeltekReviews from AWS customer
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Why Use Anything Else
What do you like best about the product?
I've used Deltek since its inception; I was a beta test user at the company where I was working back in the 90s. I like the organization of the data and ease of use with the software...from System 1 through the latest version of Costpoint.
What do you dislike about the product?
I do not like the Amount in Excess feature, specifically the labeling of it. Every customer, bar none, accepts the language "less amount in excess" despite the value in the current column being a positive value because the amount due is lower. However, as soon as funding is updated, the amount reverses. It's currently programmed to show a "negative" symbol with the value. This confuses customers, who either call to inquire why the invoice total increases when clearly the AME value has a minus sign or they simply reject. Every time. Their inquiry makes sense since every human on the planet has been programmed since grade school to subtract upon seeing a minus sign. I then have to contact the customer and explain that the heading 'suggests' the subtraction application and apologize that the developers couldn't program a minus sign the first time AME is achieved and remove it when funding is updated and the amount then added to the total for billing & collection.
What problems is the product solving and how is that benefiting you?
My current role is A/R & Billing Manager with a small government contractor. Given Deltek's reputation with DCAA and the Govcon industry, its a natural choice, the only choice, for a services based Govcon.
CostPoint is the most comprehensive Cost Accounting system for the defense industry
What do you like best about the product?
You can enter information in one place and it feeds multiple screens.
What do you dislike about the product?
There are a few screens that have glitches.
What problems is the product solving and how is that benefiting you?
Tracking Projects, Project Costs, Invoicing, Revenue
ease of use
What do you like best about the product?
its user-friendly interface and seamless navigation, making it an accessible tool for diverse teams. The system's functionalities cover crucial areas such as accounting, project management, procurement, and time and expense tracking
What do you dislike about the product?
While the system provides robust security measures, concerns have been voiced about the overall cost-effectiveness and return on investment. It's important to note that these perspectives may vary among users, and addressing these concerns could enhance the overall user experience with Deltek Costpoin
What problems is the product solving and how is that benefiting you?
Deltek Costpoint streamlines these processes, allowing for a more cohesive and efficient workflow. This not only reduces manual effort but also minimizes the risk of errors in financial and project data
Great Time Keeping System
What do you like best about the product?
Once you learn the system it becomes easier to navigate. it can be frustrating at first but hang in there because once you get the hang of it, you will be fine.
What do you dislike about the product?
There is a learning curve but once mastered things flow smoothly.
What problems is the product solving and how is that benefiting you?
Consistent time keeping
Tracking Time
What do you like best about the product?
Easy to use and mobile. Frequency of use. Accessibility.
What do you dislike about the product?
Nothing. I have found utilizing Deltek super easy.
What problems is the product solving and how is that benefiting you?
Makes tracking time easy.
Longtime Costpoint User
What do you like best about the product?
I like that it is 'out-of-the-box' compliant with government standards. It uses SQL as its base language and is easy to understand the Garbage In, Garbage out concepts.
What do you dislike about the product?
The aforementioned Garbage In, Garbage Out. If not setup fully with forethought and a commitment to complete data entry, you will be stuck with nonsensical reporting.
What problems is the product solving and how is that benefiting you?
It is our main accounting and timesheet software.
Winning Advantage with Deltek Costpoint
What do you like best about the product?
I like the report functionality of Costpoint. I can provide real time financial data to PMs on the field no matter where they are.
What do you dislike about the product?
Costpoint Planning is dated and confusing to explain concepts to PMs on.
What problems is the product solving and how is that benefiting you?
EAC projects are a big focus for us. Making sure the revenue burns at the expeteced rate is key. Costpoint Planning helps our PMs achieve this.
Deltek
What do you like best about the product?
Project set up/Orgs/Accounts are very helpful to use.
What do you dislike about the product?
Reports are limited. Cognos reports are very helpful and makes it much easier to extract the information need when reviewing.
What problems is the product solving and how is that benefiting you?
The ability to add a modification to change the PoP and not have to reset up the framework each year. Instead we can add a mod to extend to the next year. This is awesome.
Long time user
What do you like best about the product?
Very user friendly and once you understand the system deaign can be easily implemented
What do you dislike about the product?
Cannot say I dislike much. Payroll tends to be clunky but usable. More dev costs should be used to keep current.
What problems is the product solving and how is that benefiting you?
Deltek is good about upgrading and listening to users
Deltek is a great well rounded ERP system.
What do you like best about the product?
My favorite part of Costpoint is the continued support the system. With new versions there is opportunity to continually update modules and make them work better.
What do you dislike about the product?
Sometimes with upgrades there are minor issues that aren't fixed until later maintenance releases, which is to be expected.
What problems is the product solving and how is that benefiting you?
Integrating all ERP business systems into a single ERP system. Some business have separate timekeeping, projects and finance software.
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