Deltek Costpoint

Just in time reporting

Vorteile

It combines accounting and contracts. Easy to use and run reports and pull data from system. Love the real-time reporting

Nachteile

The contracts model needs more attention. It could be more robust. It is really not functional out of the box

This was a lot more time consuming to implement. Other softwares we surveyed before going with CP had a tool that would export our data from quick books into their system. Not sure why CP doesn’t have this feature.

Vorteile

The reporting feature. We really liked the cognos relationship, and the ability to export directly to excel as well as upload from excel.

Nachteile

The revenue to income statement. I have never worked with an accounting system where once I created and posted an invoice, the total revenue for that product on the income statement is different then what was billed. I do not understand why I have to tell my system to recognize or “pick up” my revenue. It’s redundant and causes a lot of headaches.

It is an ok system overall but there needs to be a huge update to the system to compete with it's competitors. The strong point is that most government contractor are using Deltek Time and Attendance since it is engineered for this industry so people are more likely to get the HRIS system to integrate easily with timesheets.

Vorteile

The system has a pretty easy interface to enter in basic information such as personal information, checking, tax information, and updating benefits. The ESS system once setup, it is pretty great for the employees as they can choose benefits through open enrollment, update tax information and update their address information. The reporting is simple for standard reports and can be easily pulled in excel format so you are able to manipulate the spreadsheets.

Nachteile

The software is very outdated and has not been updated in several years. Other systems are light years ahead of this system as it looks like it is from the 1990's. The custom reporting is very clunky and hard to create any of these reports as there are many files to look into and no intelligent search functions. You can only pull the reports in excel format so there not other options such as CSV and PDF. The ESS section is also out of date and not very integrative to the HRIS system. The setup for benefits, tax and validations tables in the back end of the system is hard to recognize and makes it harder for complete setup. There is ACA integration as well and it makes it hard that you have to click on separate sections of the screen to look at information rather than clicking one repository to reach all of the information.

Overall, I like Deltek. It is an easy system to use and little training to be able to know how to use (very user friendly).

Vorteile

I like the display for the calendar, it is easy to add a new line for additional hours billed and keep track all hours. I also think it is easy to navigate the branching time charge. Some companies have a very complicated branching system making it very difficult to locate the correct time charge to add.

Nachteile

I think it would be helpful if time off, holidays, sick leave was able to be displayed from the main timesheet. It would make a one stop location to have all the information in one place compared to opening up other tabs to trying to locate your balances.

Vorteile

I use costpoint daily at my job and the software is very easy to navigate. I have no issues searching for BOMs (Bill of Materials) and costpoint interacts relatively seamlessly with the systems that we use for engineering drawings and shop floor instructions.

Nachteile

A lot of the materials in the BOMs seem to be controlled by effectivity dates. This may work well for companies that have interchangeable parts with planned obsolescence dates, but the industry I work in has variable production schedules where it'd be preferable to control materials by engineering drawing effectivity.