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Deltek Costpoint

Deltek Costpoint

End-to-end project management that automates processes and provides real-time information.

Deltek Costpoint Overview

Deltek Costpoint, A leading ERP system designed specifically for government contractors. Integrates project data, simplifies financing, and assures government compliance. It has been trusted by industry experts for 40 years and provides innovation and automation to ensure effective project management.

More About Deltek Costpoint

  1. From proposals to closeout, Costpoint offers features to handle all aspects of government contracts.
  2. Offers general ledger, accounts payable/receivable, and time & expense tracking functionalities.
  3. Offers analytics and reporting to support data-driven choices.

Key Features of Deltek Costpoint

  1. Purpose-Built Solution for Government Contractors: Tailored for government contractors with built-in compliance tools.
  2. Project and Financial Visibility: Manage contracts from pursuit to closeout.
  3. Cash Flow and Efficiency: Quickly capture costs and generate invoices.
  4. Real-Time Data and Decision Making: Gain real-time insights into project phases, and use Ask Dela to make faster and more informed decisions.
  5. Process Optimization: Improve productivity and reduce costs by integrating with other tools like Deltek Payments.
  6. Mobile Access: Stay connected from anywhere with the Deltek Costpoint app, available for iOS and Android.

Benefits of Costpoint

  1. Manage Projects & Finances: Connect project data to gain real-time visibility.
  2. Optimize Processes: Simplify contract management from start to finish.
  3. Remain Audit-Ready: Easily prepare for audits and save up to 80% of your time.

Product Details - Modules:

  • BI: Analyze project data for better decisions (charts & reports)
  • CRM & Contracts: Manage contracts from start to finish (one-stop shop)
  • HCM: Integrate HR with project finances (streamlined HR)
  • Proj Accounting: Track project costs & budgets (compliance)
  • Resource Planning: Plan & assign people/equipment (efficiency)
  • Time & Expense: Track employee time & expenses (billing & cost control)

Pricing:

The monthly fee for each user starts around $150.

Deltek Product Offerings

  • Small Business: Tailored ERP solutions to help small businesses manage contracts, projects, and compliance efficiently.
  • ERP and PSA: An integrated ERP and PSA solution designed for project-based businesses.
  • Manufacturing: Advanced tools for materials planning, production control, and supply chain management.
  • Information Management and Field Applications: Enables real-time access to data from the field, optimizing operations and decision-making.
  • Business Development: Tools to streamline the entire business development lifecycle.
  • Project Portfolio Management: Gain full control over projects with planning, resource allocation, and performance tracking tools.
  • Human Capital Management: Comprehensive HR management for talent acquisition, workforce planning, and employee development.
  • Replicon: Time management solutions that integrate with ERP systems for accurate project tracking and billing.
  • Business Services: Outsourcing solutions to enhance operational efficiency and reduce costs.
  • Technology Platform: Supports integration and customization to meet specific business needs.

Pros & Cons

Pros:

Allowing users to customize it to their specific needs and preferences.

It provides a centralized location for storing all relevant information, eliminating the need to open multiple tabs or applications.

Improved connectivity with a wide range of software and platforms increases workflow productivity and allows for smooth data management.
 

Cons:

Higher price points, especially for smaller companies or additional modules.

Difficult to navigate, which can result in inefficiencies and irritation during use.

Some people struggle to manage the reporting tool, maybe owing to its complexity or its hardly obvious design.

Occasionally slow, particularly with large data or complex reports. 

Company

Deltek Costpoint

Contact

877-457-7765

Headquarter

Calgary 639 5th Avenue, S.W., Suite 2400. Calgary, Alberta, Canada T2P

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Project Management Cloud ERP Real Time Reporting AI Analytics Cost Management Data Visibility Risk Management Secure Solution

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