Deltek CostPoint vs Oracle Fusion Cloud ERP comparison

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Deltek Logo
731 views|476 comparisons
50% willing to recommend
Oracle Logo
2,751 views|2,036 comparisons
97% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between Deltek CostPoint and Oracle Fusion Cloud ERP based on real PeerSpot user reviews.

Find out what your peers are saying about SAP, Microsoft, Oracle and others in ERP.
To learn more, read our detailed ERP Report (Updated: April 2024).
769,334 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"The stability of the solution is fine."

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"I find that the overall framework and database structure is quite comprehensive.""The main component is Oracle Financial. It is one of the most comprehensive financial solutions available on the market.""The best part of Oracle ERP Cloud is that everything can be found in a single place.""I like that Oracle ERP Cloud has a lot of ready-to-use products, making it easy to adopt.""The scalability is very good.""The solution is user-friendly with a good integration layer.""The solution is scalable and very stable. You don't need to worry about the underpinning infrastructure.""Built-in business intelligence has real-time reporting features that are quite handy."

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Cons
"Overall, the solution is very difficult to use and learn. The learning curve is difficult. Also, the GUI and user interface are not intuitive."

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"I would like to see Oracle improve the automation of data entry.""We have had concerns about the security and flexibility of the application. The approach with Oracle ERP Cloud should be more holistic rather than user or computer-based.""I would like to improve the tool’s budgeting and reporting. I know that Oracle is working on the tool’s analytics part so I expect the analytical feature in its future releases.""The solution should implement improvements with AI technology. Specifically, in the realm of ERP tools, this can be particularly beneficial, not only for cloud-based systems but for all types of tools. Additionally, a highly desirable feature is the ability to work offline.""Localization of functionality for Europe and Latin American countries legal and fiscal requirements, reporting, and integration with tax authorities.""You need a lot of knowledge to set up Oracle ERP Cloud.""One disadvantage is that we don't have immediate access to evaluate or fix data that is not in the app until we own the database.""The interface could be improved in future releases."

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Pricing and Cost Advice
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  • "It is too costly."
  • "The solution is expensive and there are some services that are extra costs."
  • "For an ERP Cloud, the pricing is relatively high."
  • "We have an annual license with Oracle, however if we need additional features we do pay for them."
  • "The pricing for Oracle ERP Cloud is on par with other top solutions."
  • "In a developing country such as Bangladesh, Oracle ERP Cloud is expensive compared to on-premise solutions, so the turnover is very low. Customers become more comfortable using on-premise services because of the high subscription costs of Oracle ERP Cloud."
  • "The price of the solution is expensive. There are additional costs associated with this particular case that must be taken into consideration when calculating the overall expense. These costs may include but are not limited to, additional materials, labor, and other miscellaneous expenses that may arise during the course of the project. It is important to note that these additional costs may exceed the initial pricing estimate."
  • "We pay additional costs to a consulting company."
  • More Oracle Fusion Cloud ERP Pricing and Cost Advice →

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    Questions from the Community
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    Top Answer:The user interface is the best feature.
    Top Answer:I'm not aware of the Oracle Fusion Cloud ERP pricing details because I don't have information about it before deployment.
    Top Answer:The ability to customize must be improved. The tool must enable users to customize the reports.
    Ranking
    27th
    out of 69 in ERP
    Views
    731
    Comparisons
    476
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    2nd
    out of 18 in Cloud ERP
    Views
    2,751
    Comparisons
    2,036
    Reviews
    20
    Average Words per Review
    386
    Rating
    8.3
    Comparisons
    Also Known As
    CostPoint
    Learn More
    Overview
    CostPoint is Deltek's ERP software for Government Contractors to manage project accounting, labor management, manufacturing and business intelligence while improving visibility, efficiency and profitability.

    Oracle Fusion Cloud ERP offers a complete, innovative, and proven solution for organizations of all sizes. Oracle Fusion Cloud ERP is a comprehensive, modern solution on a single cloud platform that includes built-in industry standards and modern best practices. 

    Oracle Fusion Cloud ERP provides your teams with advanced capabilities, such as AI to automate the manual processes that slow them down, analytics to react to market shifts in real time, and automatic updates to stay current and gain a competitive advantage.

    Designed with scalability in mind, Oracle Fusion Cloud ERP manages core business areas including:

    • Accounting
    • Financial planning and analysis
    • Financial close
    • Revenue recognition
    • Risk management
    • Compliance and governance
    • Procurement
    • Project planning and execution
    • Inventory and supply chain
    • Product lifecycle

    ERP software is the backbone of many organizations and Oracle offers a modern, connected approach combined with the ease and flexibility of the cloud. Oracle Fusion Cloud ERP delivers the functionality, analytics, security, mobile capabilities, and social collaboration tools needed to run a business today.

    Why Customers Choose Oracle Fusion Cloud ERP:

  • Predict, detect, and act on new situations

    No one likes big deltas between forecasts and actuals. Most models though are too limited, relying on sample datasets or just gut feel. Oracle Cloud ERP introduces machine-learning to predictive planning and forecasting so you can utilize broader datasets, reveal hidden bias, uncover significant deviations, and speed your overall response time.

  • Automate and eliminate your manual business processes

    Spend less time compiling data and more time understanding what it tells you. Whether preparing your narrative for the street or assessing potential M&A activity, Oracle Cloud ERP gives your team more time for strategic work by automating the most time-consuming, mundane business processes. With AI, up to 96% of transactions can be automated.

  • Simplify and speed everyday work

    Oracle’s AI-powered digital assistant simplifies and speeds common tasks, allowing you to ask simple questions like “what’s the status of my open purchase requisitions?” and “what reconciliations are due today?” Personalized tasks like invoices or over-budget notifications are delivered to you proactively, so approvals move faster too.

  • Launch new business models, faster

    Staying ahead of customer trends and emerging competitors gets harder every day. With Oracle cloud ERP, it's easier to identify and launch new business models—and monitor results in real time so you can constantly refine your approach. Paired with machine learning insights like customer churn, you'll predict and avoid problems before they can do harm.

  • Sample Customers
    Dougherty & Associates Inc, Groth Design Group, CDH Partners, Fieldstone Architecture, FKP Architects, Group2 Architecture Engineering Ltd., PHH ARC, Rios Clementi Hale Studios, R.J. Burnside & Associates Ltd., Seccuris, Stendel + Reich Architects, The Thompson Rosemount Group Inc.
    Grupo Aeromexico SAB de CV, Australian Finance Group Ltd., Shelf Drilling Ltd., Boise State University, The Rancon Group, Arin Innovation, PROMATIS software GmbH, KBBO, Delaware Life Insurance, Worthington Industries, Solairus Aviation
    Top Industries
    VISITORS READING REVIEWS
    Computer Software Company17%
    Construction Company12%
    Government10%
    Manufacturing Company6%
    REVIEWERS
    Computer Software Company31%
    University13%
    Energy/Utilities Company13%
    Engineering Company6%
    VISITORS READING REVIEWS
    Educational Organization40%
    Computer Software Company8%
    University6%
    Financial Services Firm5%
    Company Size
    VISITORS READING REVIEWS
    Small Business29%
    Midsize Enterprise13%
    Large Enterprise58%
    REVIEWERS
    Small Business40%
    Midsize Enterprise17%
    Large Enterprise43%
    VISITORS READING REVIEWS
    Small Business14%
    Midsize Enterprise45%
    Large Enterprise41%
    Buyer's Guide
    ERP
    April 2024
    Find out what your peers are saying about SAP, Microsoft, Oracle and others in ERP. Updated: April 2024.
    769,334 professionals have used our research since 2012.

    Deltek CostPoint is ranked 27th in ERP while Oracle Fusion Cloud ERP is ranked 2nd in Cloud ERP with 34 reviews. Deltek CostPoint is rated 7.0, while Oracle Fusion Cloud ERP is rated 8.2. 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 Oracle Fusion Cloud ERP writes "Everything can be found in one place and it is all embedded in a single system". Deltek CostPoint is most compared with Viewpoint ERP, SAP ERP, SAP S/4HANA, BST Global ERP and NetSuite ERP, whereas Oracle Fusion Cloud ERP is most compared with NetSuite ERP, SAP S/4HANA, PeopleSoft, JD Edwards EnterpriseOne and SAP Business One.

    We monitor all ERP reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.