Deltek Costpoint Review - why 3.9 stars?

Deltek Costpoint Review
ITQlick Score: 87/100
ITQlick Rating: (3.9/5)
Pricing: 6/10 - average cost
Category: Core Accounting -> Deltek Costpoint
Ranking:Ranked 16 out of 137 Core Accounting systems
Company: Deltek
Pricing: starts at $30 per user/month
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Mobile, Cloud
Links: Deltek Costpoint pricing, Deltek Costpoint alternatives

Shlomi LaviShlomi Lavi / updated: Jun 08, 2022

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What is Deltek Costpoint and its features?

Deltek Costpoint is an enterprise resource planning solution for businesses of all sizes. It offers such capabilities as business intelligence, HR management, inventory management, and others. The software was designed and launched by Deltek Inc headquartered in Virginia, United States.

What is Deltek Costpoint rating?

The rating of Deltek Costpoint is 3.9 stars out of 5 and the total score is 87 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Who uses Deltek Costpoint?

Customers of the software include businesses of all sizes without any restriction on industrial affiliation. It can be used in a variety of major industries including engineering services, oil and gas exploration, retail and wholesale, automation and manufacturing, and others. Some notable clients of the software include Chenega Corporation, CAE USA, The SI Organization Inc, and others.

Is it easy to use?

Yes, Deltek Costpoint makes it fairly easy to use. This product is user friendly and intuitive.

Is Deltek Costpoint cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

Yes, you can access Deltek Costpoint on your mobile/smart phone.

Is Deltek Costpoint the best Core Accounting system?

Deltek Costpoint is ranked 16 out of 137 software in their category (Core Accounting systems).

What are their main features and functionalities?

The software offers a variety of HR management capabilities such as benefits management, employee self-service, payroll management, performance review, recruitment management, time and attendance tracking, and employee training. It also streamlines the accounting process with such capabilities as accrual-based costing, billing and invoicing, and budgeting and forecasting.

Deltek Costpoint features various useful CRM services including call center support, contact management, estimating and quoting, help desk, and sales force automation. Other important capabilities of the software include custom dashboards, role-based dashboards, inventory forecasting, order to cash, request for proposal, quality management, resource management, custom reporting, and others.

What are Deltek Costpoint's pros? (3 Pros)

  • Deltek Costpoint is simple to use and to track hours worked
  • Users can export directly to excel as well as upload from excel
  • The system has an easy interface to enter basic information

What are Deltek Costpoint's cons? (1 cons)

  • Users find it challenging to create reports

Who are their main alternatives?

Deltek Costpoint competes with other Core Accounting systems like Unanet GovCon, Sage Intacct, and Acumatica. We will compare these Core Accounting systems in some specific aspects below.
  • Functionality: Deltek Costpoint provides features such as Manage Projects & Finances, Maintain Compliance, Increase Productivity, and more. Compared to its competitors, Compliance Management is accessible in Deltek Costpoint and Acumatica, but not in Unanet GovCon or Sage Intacct. Except for Sage Intacct, Deltek Costpoint and its alternatives provide Document Management. Also, apart from Unanet GovCon, Deltek Costpoint and its mentioned alternatives provide functions such as General Ledger, Income & Balance Sheet, and Inventory Management. Unanet GovCon and Acumatica offer Overrun Reporting and Progress Tracking, however, Deltek Costpoint and Sage Intacct do not. Except for Sage Intacct, Deltek Costpoint and its alternatives provide resource management. Self Service Portal is accessible in Deltek Costpoint and Sage Intacct, but not in Unanet GovCon or Acumatica.
  • Customers/Industries: Deltek targets project-based businesses in accounting & CPA, Aerospace & Defense, Marketing Agencies, nonprofits, etc. Deltek Costpoint has customers like CACI, Johnson Controls, Leonardo DRS, etc. Compared to its alternatives, Unanet GovCon targets professional services and project-based organizations in industries like Government, Contracting, Architecture, Engineering, Construction, etc. Unanet GovCon has customers like Layton Construction, How KCI Juggles, JB Henderson, etc. Sage Intacct is designed to assist mid-sized organizations ranging from Nonprofit, Professional Services, Financial Services, Healthcare, and more. Sage Intacct has customers like StarCorp, Atlanta Convention & Visitors Bureau, RIVR Media, etc. Acumatica Cloud ERP serves the needs of small and mid-sized businesses in the Construction, Distribution, Manufacturing, Retail-Commerce, and Services industries. Acumatica Cloud ERP has customers like Hartzell Construction, Carlson-LaVine Inc., Cornell Cooperative Extension, etc.
  • Cost: Deltek starts at $30.00 per employee per month, billed annually. The license cost information for Acumatica, Sage Intacct, and Unanet GovCon is unavailable.
  • Cloud-based/On-premise: Deltek and its listed alternatives are cloud-based. Deltek, Unanet GovCon, and Acumatica have an On-premise version for Windows and Linux.
  • Popularity: Deltek is publicly traded on the NASDAQ under the PROJ symbol and trusted by 30,000 organizations worldwide. Unanet is privately held and trusted by 3,200+ customers. Sage Intacct is also publicly traded on the NASDAQ under the SGE.L symbol and is trusted by over 17,000 customers. Acumatica is also privately held and trusted by 8,000+ Customers.
  • Support: The Phone Support and Chat support channels are available from Deltek and its alternatives. Except for Deltek, the alternatives provide support channels such as Email/Help Desk, FAQs/Forum, and Knowledge Base. Except for Unanet GovCon, Deltek and its alternatives provide 24-hour support (Live rep).

What is the cost of Deltek Costpoint?

Deltek Costpoint offers three license pricing options; Front Office Suite, Back Office Suite, and Full Suite.
  • Front Office Suite starts at $30 per employee per month, billed annually.
  • Back Office Suite starts at $30 per employee per month, billed annually.
  • Full Suite starts at $46 per employee per month, billed annually.

What is the REAL total cost of implementation? on top of the total cost of licenses which is easy to calculate you need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 6 out of 10 (10 is most expensive). You can fine here the REAL total cost breakdown for Deltek Costpoint. You can also find here pricing information from Deltek Costpoint's website.

What should you ask Deltek during a demo session? (65 questions)

Schedule a demo with Deltek Costpoint and access 65 must ask questions for the vendor while watching Deltek Costpoint in action. Visit the vendor's website here.

Where Deltek Costpoint is used?

Deltek Costpoint is a good fit for organizations seeking an artificial intelligence (AI)-enabled enterprise resource planning software. The software can be used by accounting & CPA, Aerospace & Defense, Marketing Agencies, etc. Deltek Costpoint is used by CACI, Johnson Controls, Leonardo DRS, etc.

List of categories

Business performance management
Query and Report Writer
ERP
Cloud ERP
Inventory Management
Manufacturing Inventory
Inventory Control
Stock Control
Aerospace Manufacturing
Capacity Planning
Discrete Manufacturing
Engineer-to-Order Manufacturing

List of features

Accounting Module
Business Intelligence Module
CRM Module
Human Resources Module
Inventory Management Module
Manufacturing Module
Procurement Module
Project Management Module
Supply Chain Management Module

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Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.