Deltek Costpoint Overview
What is Deltek Costpoint?
Deltek Costpoint is a comprehensive, industry-specific Enterprise Resource Planning (ERP) system built exclusively for government contractors. It integrates all critical business functions—project management, accounting, human capital management (time and expense), procurement, and compliance reporting—into a single platform. Its core design principle is to address the unique and stringent requirements of contracting with federal, state, and local governments, such as FAR (Federal Acquisition Regulation) and DCAA (Defense Contract Audit Agency) compliance. Costpoint provides tools for managing complex contract types (cost-plus, fixed-price, T&M), allocating indirect costs, tracking incurred cost submissions, and generating auditable reports. This deep specialization aims to reduce compliance risk, ensure accurate billing, and provide the visibility needed to manage profitability on government projects.
Who it's for:
Deltek Costpoint is designed for companies of all sizes that derive a significant portion of their revenue from government contracts. This includes defense contractors, aerospace firms, IT services providers, engineering companies, and professional services firms working with public sector clients. It is used by CFOs, controllers, project managers, and compliance officers within these organizations.
Our verdict:
For government contractors, Deltek Costpoint is often considered the gold standard ERP solution. Its unparalleled depth in government-centric compliance, accounting, and project management is its defining strength. While it is a complex and substantial investment, for businesses whose livelihood depends on navigating government contracting rules, it is not just a software choice but a strategic necessity. The trust it has earned from both contractors and auditors underscores its critical role in this niche industry.
Deltek Costpoint Details
Deltek Costpoint Platforms supported
Cloud, SaaS, Web-Based
Desktop Mac
Desktop Windows
Mobile Android
Mobile iPad
Mobile iPhone
On-Premise Linux
On-Premise Windows
Desktop Chromebook
Desktop Linux
Deltek Costpoint Support options
24/7 Live Rep
Chat
Deltek Costpoint Training options
Documentation
In-Person
Live Online
Webinars
Videos
Deltek Costpoint Related Categories
Deltek Costpoint Typical customers
Freelancers
Small Businesses
Small to Mid size businesses
Mid size businesses
Mid to Large size enterprises
Large enterprises
Very Large enterprises
Deltek Costpoint Features
Most valued Deltek Costpoint features by users
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Expense Tracking
Fixed Asset Management
For Government
Fund Accounting
Nonprofits
Payroll Management
Project Accounting
Purchase Order Management
Tax Management
Access Controls/Permissions
Alerts/Notifications
Business Process Automation
Business Process Control
Collaboration Tools
Drag & Drop
No-Code
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