Deltek Costpoint
DeltekReviews from AWS customer
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Customizable Reporting Enhances DCAA Compliance
What do you like best about the product?
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.
What do you dislike about the product?
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.
What problems is the product solving and how is that benefiting you?
I use Deltek Costpoint for financial tracking, reporting, and DCAA compliance. It solves inventory and procurement challenges and enables custom report creation for niche needs, enhancing business intelligence.
Tailored for Gov Needs but Requires Stable Releases
What do you like best about the product?
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.
What do you dislike about the product?
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.
What problems is the product solving and how is that benefiting you?
I use Deltek Costpoint to efficiently maintain back office operations for a 1,000-user service organization, especially tailored for government-focused needs, handling cost accounting, project management, and government reporting seamlessly.
Reliable for GovCon, Needs Faster Issue Resolutions
What do you like best about the product?
I like that Deltek Costpoint is highly effective in the GovCon field, especially for government contracting firms. Its status as a reliable ERP system that provides project accounting capabilities is crucial for our operations, as it meets the rigorous standards necessary to pass DCAA audits. This reliability imparts confidence, knowing that we are in compliance with essential regulations. Furthermore, the ability to integrate seamlessly with tools such as Time & Expense, Cobra, Maxim, and SSRS enhances its functionality, creating a unified and efficient workflow setup.
What do you dislike about the product?
I dislike the performance defects in Deltek Costpoint, which impact its performance. Additionally, once these defects are identified, resolutions take longer than expected, which can be frustrating.
What problems is the product solving and how is that benefiting you?
I use Deltek Costpoint as a reliable ERP system in the GovCon field, aiding project accounting to pass DCAA audits effectively.
Essential ERP with Seamless Integrations
What do you like best about the product?
It is our ERP and critical to the success of our organization. It also integrates with other enterprise applications.
What do you dislike about the product?
Some processes and navigation are intimidating to first time users.
What problems is the product solving and how is that benefiting you?
Helping with financial reporting and KPIs.
Deltek Listens and Delivers Outstanding Results
What do you like best about the product?
Love that Deltek listens to recommendations
What do you dislike about the product?
Some modules can be difficult to use for new users
What problems is the product solving and how is that benefiting you?
Month end close is so smooth
Good product
What do you like best about the product?
Lots of functionality and lots of modules
What do you dislike about the product?
Hard to use and hard to learn to use and
What problems is the product solving and how is that benefiting you?
Closing batch processing
Fully Integrated and Efficient, But Needs Multi-User Enhancements
What do you like best about the product?
I like that Deltek Costpoint is a fully integrated system. This integration is particularly beneficial because it supports a comprehensive and connected approach to processing various functions within our organization. Additionally, I appreciate the superior billing and revenue capabilities it offers compared to other systems. These features enhance the efficiency and effectiveness of our financial processes. Furthermore, the initial setup of Deltek Costpoint was straightforward and good, which helped in quickly deploying the system without significant delays or complications.
What do you dislike about the product?
I find the multi-user functionality of Deltek Costpoint challenging, especially when we need to process multiple companies simultaneously. This limitation creates bottlenecks, reducing our efficiency and complicating our workflow.
What problems is the product solving and how is that benefiting you?
I use Deltek Costpoint for processing overnight, streamlining batch closings and job server tasks. Its fully integrated system enhances billing and revenue capabilities, although multi-user functionality for multiple companies could improve.
Comprehensive and User-Friendly with Excellent Support
What do you like best about the product?
I appreciate Deltek Costpoint for its ease of use, which helps streamline our processes and prevents delays in our company operations. The help desk is incredibly valuable, providing reliable support for any questions we encounter, which is crucial in maintaining smooth workflow and productivity. Additionally, I value how Deltek Costpoint consolidates all important information into one accessible spot, simplifying data retrieval and management. These features collectively enhance our operational efficiency and make Deltek Costpoint an indispensable tool for managing our tasks effectively.
What do you dislike about the product?
I wish there was a way to determine how our company could improve our use of Deltek Costpoint.
What problems is the product solving and how is that benefiting you?
I use Deltek Costpoint to centralize important information for easy access, which prevents delays in our processes and supports time, expense, AR, AP, and project management.
Automation and Compliance Made Easy
What do you like best about the product?
I appreciate how Deltek Costpoint helps me stay compliant with federal regulations, ensuring peace of mind in our financial operations. The automation features and ease of reporting are standout aspects for me, as they streamline complex processes and enhance efficiency. I find the reporting capabilities particularly beneficial for automating reconciliation with the database, which simplifies an otherwise tedious task. Additionally, the initial setup was easy with the assistance of Deltek, which made the transition seamless. I value the synergy between Deltek Costpoint and Focuspoint, as it allows for a more integrated workflow.
What do you dislike about the product?
N/A
What problems is the product solving and how is that benefiting you?
I use Deltek Costpoint for compliance with federal regulations and automation in reporting, which streamlines project finance reconciliation.
Time after time
What do you like best about the product?
Great tool for managing all aspects of an ERP SYSTEM
What do you dislike about the product?
The tools to manage extensibility are not updated as the rest of the platform.
What problems is the product solving and how is that benefiting you?
It's our erp
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