Deltek Costpoint Reviews & Product Details

The ability to tailor the application to meet our company's needs through extensibility and CBI. We are able to tie our data together for centralized processing in the way we need it. The system is getting more user-friendly as they take lessons learned from usability, but it does require some training to administer the data properly. However, the level of complexity makes it more powerful system to meeting reporting needs. Review collected by and hosted on G2.com.

Being on the Cloud has limited us because we don't have access to Cognos tools we had when on-premises. Some of the operations can take longer than if we were locally hosted. Review collected by and hosted on G2.com.

Stability of functionality. While the product releases new enhancements and functionality quite frequently, the product still allows users to utilize the functionality that they have been using for years. Roll out of changes is done in rounds and tends to not be too much at one time, this makes it easier for my team to consume the product.

I enjoy to the new UI and the excitement it is going to bring to our users moving forward.

I love our customer support team and their willingness to help when we have issues. Review collected by and hosted on G2.com.

Going into the new UI I miss the ability to see breadcrumbs. I am not super excited about dela but am going to embrace moving forward. Review collected by and hosted on G2.com.

I like how Deltek Costpoint is transparent and user-friendly, whether through the web-based or Windows app interface. It's great to be able to switch between them. The application takes a lot of the guessing out of the equation, which makes navigating program management responsibilities easier for me as a financial analyst. Using Deltek Costpoint has made my job easier, and I find myself learning something new every time I use it. I especially love the ability to create different project levels within a level 1 program, such as level 2 for the CLIN and level 3 for the WBS. My experience has been very positive, and I feel there's nothing Deltek Costpoint can't do when managing financials for any given program. Review collected by and hosted on G2.com.

Sometimes in the inventory part of Costpoint (“manage inventory projects”), when I am creating new inventory abbreviation and when I click save, the page goes away. I would like to see this improved so that when I save what I am doing, that I am able to still make edits and continue on the same screen as I was using before hitting save Review collected by and hosted on G2.com.

I really enjoy using Deltek/Costpoint because it makes time and expense reporting incredibly efficient and straightforward. The platform is intuitive, reliable, and helps me stay organized without the hassle. It’s a tool I can count on to get things done quickly and accurately, which is a huge win in a busy HR environment. Review collected by and hosted on G2.com.

While I really appreciate how helpful and efficient Deltek/Costpoint is—especially for time and expense reporting—I’ve also experienced a few hiccups. Occasionally, the system seems to have a "mind of its own" and has gone down at critical moments. Thankfully, those issues are usually resolved quickly, and the support team is responsive. Despite that, it remains a tool I rely on daily and genuinely value. Review collected by and hosted on G2.com.

I like that it's pretty easy to enter new vendor information into Deltek Costpoint. I appreciate being able to enter new information all on one screen for the most part. The initial setup was very easy, and I was added as a new user and able to use it within 24 hours. Review collected by and hosted on G2.com.

There is no history to look back to whenever new information needs to be entered, there is no history to show what had been previously entered. If I need to look back to an old email address if the current one is not working or if I need to reconcile something and it has an old email or physical address I can't look that up in Deltek Costpoint. Not often but enough that I wish I could look back. Review collected by and hosted on G2.com.

- 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. Review collected by and hosted on G2.com.

- 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 Review collected by and hosted on G2.com.

I really appreciate the business intelligence capabilities of Deltek Costpoint, which significantly enhance our ability to track and report financial information efficiently. The software's ability to create custom reports is incredibly valuable, especially because many pre-built reports do not satisfy our specific needs. This customization feature allows us to tailor reports to meet niche or advanced reporting requirements, which is crucial for our financial analysis and decision-making processes. Additionally, I find Deltek Costpoint's adherence to DCAA compliance essential, as it offers greater assurance and compliance compared to our previous software, GCS. The initial setup was smooth and manageable, largely thanks to the support from Deltek, which made the transition easier and more straightforward. Review collected by and hosted on G2.com.

I find the unbilled analysis report lacking because it needs to incorporate a project type logic, which is essential for accurate and beneficial reporting. Additionally, the Costpoint planning module did not meet our needs, which forced us to seek a third-party solution, highlighting a gap in its capabilities. Review collected by and hosted on G2.com.

I appreciate how Deltek Costpoint is specifically tailored to meet the needs of government-focused companies, especially in handling cost accounting and project-oriented business tasks. This customization is crucial for maintaining back office functionality in a large service-based organization serving 1,000 users. The software's capability to address specific reporting requirements enhances our ability to manage government contracts effectively. Additionally, I have found the support team to be responsive when questions or issues arise, which is an asset in ensuring smooth operations. Review collected by and hosted on G2.com.

I find that although recent updates are heading in the right direction, Deltek Costpoint still needs a more stable release model to ensure consistent performance. Additionally, there could be better support for on-premise deployments, which would greatly improve the flexibility and user experience for organizations that prefer or require an in-house solution. Review collected by and hosted on G2.com.

I appreciate the project accounting flexibility and structure that Deltek Costpoint offers. It's particularly beneficial for managing complex projects and ensuring accuracy in financial tracking. Additionally, the ability to view financial data in real-time is invaluable, as it allows for immediate insights and decision-making. The system also provides excellent visibility of reports, making it easy to account for projects, which is a major advantage over previous solutions we've used. Deltek Costpoint's integration capabilities, such as with ADP, further enhance its utility by streamlining workflows. Review collected by and hosted on G2.com.

I find the resource planning and forecasting capabilities in Deltek Costpoint to require a lot of work and could be significantly improved. The ability to plan by resource and have that time automatically show on their timesheet is lacking, which would greatly help each team member see what they are supposed to be working on. Additionally, the forecasting function, particularly in terms of project management, is clunky and slow, hindering efficiency. Improvements in these areas would make the experience much smoother. Also, the initial setup presented challenges, needing a team well-versed in understanding the database. Review collected by and hosted on G2.com.

I really appreciate having everything in one area with Deltek Costpoint. The integration of financials, payroll, budgets, and projects into a single platform is incredibly convenient, allowing me to manage these aspects seamlessly. I find the dashboard particularly valuable for project managers; it places budgets, financials, and all projects right at their fingertips, which enhances efficiency and accessibility. This all-in-one accessibility greatly supports project management tasks by ensuring that all necessary tools and information are readily available without the need to navigate multiple systems. Furthermore, my satisfaction with Deltek Costpoint is so high that I would rate my likelihood to recommend it to others as a solid 10 out of 10. Review collected by and hosted on G2.com.

I find the reconciliations with pools problematic within Deltek Costpoint. Additionally, despite the system being understood well initially, I have faced challenges due to the need for cleaning up financials over an extended period. This was necessary due to previous users' lack of expertise or understanding in utilizing the system effectively. Review collected by and hosted on G2.com.