2.5.1 Safe to install
Streamlined Time Tracking with Costpoint Time and Expense
Costpoint Time and Expense simplifies the process of capturing and managing employee time and expenses, catering efficiently to project-based organizations.
The company offers a native mobile app that allows employees to efficiently manage their timesheets. They can easily enter their hours, view a summary of their previous time entries, and check their leave balances. The app also provides employees with an overview of any pending tasks related to their timesheets. This user-friendly interface makes it simple for employees to stay on top of their time tracking.
In addition, supervisors can use the same mobile app to access their employees' timesheets. They can review and approve the submitted timesheets, as well as view any pending approval tasks. This streamlines the supervisor's workflow and ensures timely approval of timesheets.
For companies that have upgraded to Costpoint 8, employees gain access to advanced expense functionality through the mobile app. This feature allows employees to easily capture expense receipts using ICR (Intelligent Character Recognition). They can also edit and claim any outstanding expenses, as well as create, edit, and submit expense reports.
Supervisors are also able to use the mobile app to approve expense reports, expense charges, and expense attachments. This convenient functionality simplifies the approval process and enhances overall efficiency for both employees and supervisors.
Overview
Costpoint Time and Expense is a Freeware software in the category Business developed by Deltek, Inc..
The latest version of Costpoint Time and Expense is 2.5.1, released on 07/02/2024. It was initially added to our database on 09/23/2023.
Costpoint Time and Expense runs on the following operating systems: Android/iOS.
Users of Costpoint Time and Expense gave it a rating of 5 out of 5 stars.
Pros
- Comprehensive management of time and expense tracking, which can streamline billing processes.
- Integrated with other Deltek products for seamless project management.
- User-friendly interface that enhances employee adoption and reduces training time.
- Customizable workflows and reports to meet specific organizational needs.
- Mobile app availability allows for remote time entry and expense tracking.
Cons
- Can be expensive compared to some other time and expense solutions, particularly for small businesses.
- Implementation can be complex and time-consuming, requiring significant configuration and customization.
- Limited integration capabilities with non-Deltek software products.
- Some users report that customer support response times can be slow.
FAQ
What is Costpoint Time and Expense?
Costpoint Time and Expense is a cloud-based software solution designed for project-based organizations to manage time tracking, expense reporting, and compliance for employees.
Who can benefit from using Costpoint Time and Expense?
Costpoint Time and Expense is ideal for government contractors, professional services firms, and other project-focused organizations that need to manage employee time and expenses efficiently.
Is Costpoint Time and Expense customizable?
Yes, Costpoint Time and Expense offers various customization options to cater to the specific needs of different organizations, including custom fields, reports, and workflows.
Can Costpoint Time and Expense integrate with other Deltek products?
Yes, Costpoint Time and Expense can seamlessly integrate with other Deltek solutions such as Costpoint Accounting, allowing for streamlined operations across functions.
What types of reports can be generated using Costpoint Time and Expense?
Users can generate a variety of reports including time entry reports, expense reports, project costing reports, and compliance reports to meet regulatory requirements.
Is there a mobile version of Costpoint Time and Expense?
Yes, there is a mobile application available for both iOS and Android devices that allows users to enter time and expenses on the go.
How does Costpoint Time and Expense ensure compliance with regulations?
The software includes features such as configurable approval workflows, audit trails, and built-in compliance checks tailored for government contracting standards.
What kind of support is provided for users of Costpoint Time and Expense?
Deltek offers various support options including online resources, customer service, training programs, and user communities to assist users.
Can multiple currencies be used in Costpoint Time and Expense?
Yes, the software supports multi-currency transactions which is beneficial for organizations operating in multiple countries.
Is training available for new users of Costpoint Time and Expense?
Yes, Deltek provides training resources including live webinars, on-site training sessions, and comprehensive documentation to help new users get started.
Minh Ong
I'm Minh, a software engineer and author with a passion for exploring and writing about the latest in software and technology. With my experience in software development and a specialization in software updates and content creation, I bring a deep understanding of the tech landscape to my reviews and articles. My focus is on providing you with comprehensive insights into general software topics and the latest industry news.
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