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Deltek Costpoint is an ERP solution for Government Contractors, trusted by 98% of the top 50 firms. It supports FAR and DFARS compliance, project accounting, and streamlined audits. The FedRAMP Moderate Ready Costpoint GovCon Cloud ensures data security, and Deltek is known for excellent support and project delivery.
The Smyte Score is a weighted average from leading review sites across the web.
Comprehensive Project Accounting:
Users appreciate Costpoint’s robust project accounting features, which facilitate detailed tracking of project costs and revenues, ensuring accurate financial management and compliance with government regulations.
Contracts Management:
The software offers end-to-end management of contracts, from initiation to closeout, ensuring adherence to contractual terms and conditions.
Real-Time Analytics and Reporting:
Costpoint provides comprehensive analytics and reporting capabilities, offering insights into project performance and financial health.
Complex User Interface:
Some users find the interface unintuitive, with routine tasks not being straightforward and error messages that are not well-explained, leading to a steeper learning curve.
Integration Challenges:
There is a lack of direct integration with Time & Expense modules, which can complicate workflows and data consistency.
High Consulting Costs:
Deltek’s consulting services are considered expensive, with a minimum charge of one day (8 hours), which may not be cost-effective for all organizations.
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