We performed a comparison between Deltek CostPoint and NetSuite ERP based on real PeerSpot user reviews.
Find out what your peers are saying about SAP, Microsoft, Oracle and others in ERP."The stability of the solution is fine."
"The most valuable feature in NetSuite ERP is the user interface."
"NetSuite ERP is good for a trading company that involves buying and selling."
"It is a very solid product for finance and procure-to-pay processes."
"I have found there to be many features, such as manufacturing, accounting, financials, inventory, and purchasing."
"As NetSuite ERP is a cloud product, a valuable feature I found in it is the very friendly user interface. You can set up shortcuts within the applications for frequently used reports or navigation. You can also customize dashboards in NetSuite ERP. Another feature I found valuable in the solution is good reporting. It has many industry-standard reports focused on finance and inventory. I also like the seamless switching between production and test environments and that you can customize the environments within NetSuite ERP. For example, you can put banners on your test and production environments to differentiate or segregate the logins to prevent mistakes. The solution is pretty easy to use and navigate, and it's more of a lightweight software. I like that it's a cloud product, so work is done on the front end rather than the back end. There's also a community for NetSuite ERP where you can raise your queries and issues. You'll find other people sharing experiences about common issues so you can get quick fixes from the community."
"We leverage the core platform but are able to add additional functionality for ease of use, tailored processes, and industry related reporting."
"The user interface is very good."
"NetSuite is significantly more affordable than Oracle EBS and offers a wider range of features than other OEMs."
"Overall, the solution is very difficult to use and learn. The learning curve is difficult. Also, the GUI and user interface are not intuitive."
"An area for improvement in NetSuite ERP is its accounting functionality because it has certain limitations. You can't maintain sub-ledgers or post accrued expenses in sub-ledger forms, so you'll need to post in journals. The pricing is another area that can be improved in NetSuite ERP because the pricing was lower when it wasn't part of Oracle, but after Oracle acquired Netsuite and NetSuite ERP was offered as a cloud service, the price went up."
"In terms of the main improvement to NetSuite is the talent itself. It's grown so fast and there are about 25,000 companies running on it, and it's a relatively newer system compared to other competitors. It's growing so fast that the talent base in the partner organization (there's about 200 of them), is pretty thin."
"Many features such as local taxation and fund management are not there yet."
"Some of the features around the payroll and payroll taxes and management of that are lacking. We had to outsource some of that because we found that the functionality isn't there."
"The areas that this product needs to improve on is the implementation and inventory processes."
"In NetSuite ERP, they should focus on offering better customization options."
"The solution's initial setup process was complex."
"NetSuite ERP's UI could be improved. There are some features that are very complex that do not have to be. There are some aspects of the solution that could be simplified and this can include the documentation. Since it's a very complex tool, you expect to have great detailed documentation to help you implement it."
Earn 20 points
Deltek CostPoint is ranked 27th in ERP while NetSuite ERP is ranked 1st in Cloud ERP with 32 reviews. Deltek CostPoint is rated 7.0, while NetSuite ERP is rated 7.8. The top reviewer of Deltek CostPoint writes "Good solution for finance in general but falls short on the manufacturing side". On the other hand, the top reviewer of NetSuite ERP writes "Carries a broad range of applications, specifically in the field services area". Deltek CostPoint is most compared with Viewpoint ERP, SAP ERP, SAP S/4HANA, BST Global ERP and Epicor ERP, whereas NetSuite ERP is most compared with Oracle Fusion Cloud ERP, NetSuite OneWorld, SAP S/4HANA, Oracle E-Business Suite and IBM Maximo.
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There are many good answers here, but true the question is a bit too broad. If you are not playing in the government contractor space NetSuite is an option you will learn to love in the long run. It is more flexible than most believe, can be customized, powerful reporting tools and is native to the cloud (hosted on the Oracle cloud). No on premise option.
Deltek is a very good option if you are playing in the government contractor space and has a number of tools to track project based costing and comply with most of the government required reporting. It is not native to the cloud, but can be hosted there (they offer Amazon) or on premise. Decent report writing which looks a lot like Excel.
Having just compared the two along with some others as well, I would say a reasonably close second to NetSuite is Accumatica. It is built for the cloud, flexible, a bit less pricey, but if you need more chugging on the MRP side NetSuite is better there particularly considering the newer Supply Chain Control Tower and advanced inventory management capabilities. NetSuite is not elegant when it comes to Stand Cost, however, so understand your needs and its capabilities.
You really need to perform a thorough needs analysis that projects into the future and compare that to the capabilities you'll use now and leverage in the future. Regardless, using an implementation consultant expert in the system you pick is highly recommended.
So you're comparing a solid niche player (Deltek) with a leading generalist ERP (NetSuite).
Most of the clients we see using/choosing Deltek have very specific requirements related to their operations - Deltek plays well in government and quasi-government settings and some of the features they have are hard to find in generalist packages.
NetSuite is the first made-for-cloud offering and has been so successful that now every ERP provider has a 'cloud' option. However, be careful mwith some of these cloud options - because posting your old code in a cloud based server is very different than made-for-cloud and 20 years of cloud experience with NetSuite.
So here's the thing, get a good handle on your requirements - pretty much a business analyst effort but make sure your analyst has some ERP knowledge/background. Share those Requirements with the vendors. Go through the demo process and if there are things Deltek does that are absolute must haves, that's your answer.
If Deltek and NetSuite both meet all your requirements, you're probably going to be happier with NetSuite in the long run. But there are plenty of companies who are just fine with Deltek.