Costpoint
From Wikipedia, the free encyclopedia
Costpoint is a project accounting software package sold by Deltek. Costpoint is the "high-end" of the three main project accounting software packages sold by the company.
Costpoint's niche in the project accounting software market is its design for use by government contractors, some of which include Northrop Grumman, CSC, SI International, SAIC, and Lockheed Martin[1].
Costpoint has a number of different modules and functions arranged in a tree structure. The software has a breakdown of folders into Accounting, Projects, People, Materials, and Others. Opening up Accounting, for instance, it breaks down into the functions of General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, Travel, and Multicurrency. Each of those functions breaks down into subfunctions. Some items, like the time and expense module, is a separate Deltek product which must be bought in addition to Costpoint (but which can also be used with the other Deltek products).
The forms-based architecture requires users to specifically select the search function rather than entering data directly into fields and having Costpoint retrieve it (this would be interpreted by Costpoint as an attempt to enter a new record).
Costpoint is known for its colorful icons, e.g. a picture of a vacationer in a hammock on a tropical island for employee benefits and a picture of an American flag for Affirmative Action.
