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."
"It's integrated into everything well so you can navigate and use it in a very simple way."
"NetSuite is significantly more affordable than Oracle EBS and offers a wider range of features than other OEMs."
"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."
"The user interface is very good."
"The project management aspect and the timesheets are valuable, especially for ensuring that our milestone billings are automated properly. From a manufacturing perspective, it is more to do with the entire management of the inventory, the overall finance, consolidation of books of accounts, and managing the profit and loss in a more effective manner."
"I would say that the solution is highly configurable."
"It offers reporting flexibilities that were previously unavailable to us."
"Overall, the solution is very difficult to use and learn. The learning curve is difficult. Also, the GUI and user interface are not intuitive."
"Improvement-wise, it should be more customizable. Currently, you can't enhance the product yourself in terms of development for any applications unless you've got a very strong and big development team. Those are the skills that are in very short supply."
"The solution is not user-friendly and it is complex to use."
"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."
"The manufacturing and planning side could be improved. That part isn't up to date. NetSuite could be easier to integrate in general."
"The communication has been peculiar, and the overall commercial process has been less than satisfactory."
"Additionally, adding advanced modules such as AI components or customer service modules could help the system become more scalable."
"The pricing is high."
"If you do go through an implementor, you need to be careful that they are actual implementors and not just resellers."
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 and Microsoft Dynamics GP, whereas NetSuite ERP is most compared with Oracle Fusion Cloud ERP, NetSuite OneWorld, SAP S/4HANA, Oracle E-Business Suite and Anaplan.
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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.