Deltek CostPoint vs NetSuite OneWorld comparison

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Deltek Logo
759 views|495 comparisons
50% willing to recommend
NetSuite Logo
581 views|451 comparisons
92% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between Deltek CostPoint and NetSuite OneWorld based on real PeerSpot user reviews.

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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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"NetSuite OneWorld, the consolidation feature has been incredibly valuable. However, I cannot speak to the full range of features and functionalities offered by OneWorld as I am not familiar with all of them. I have utilized OneWorld primarily in the biotech industry, with a focus on operating expenses and financial reporting, such as capital contributions and foreign currency adjustments. I am confident, however, that OneWorld offers a robust module for reporting and consolidating revenue, though I have not had the opportunity to directly utilize this aspect of the software.""The solution is user-friendly and flexible.""NetSuite OneWorld is a single instance that allows you to do different business functions, such as reporting, order-to-cash, design-build, and procure-to-pay. This feature is what's most valuable in the solution.""We've set up Jira integration and used robotic process automation (RPA) to streamline various processes, like procurement and invoicing. Some processes still require manual approval, like supplier invoices, but we're simplifying those too. We're also exploring integrating with other tools like Power BI for better data analytics and reporting. Currently, our automation focuses on general tasks, not document understanding or anything complex like that.""Utilizes best practices that are simple to implement.""The executive dashboards have satisfied the founders and leadership with up to the minute information. This allows them to make high level decisions.""Lowers costs, produces higher efficiencies, while maintaining a leaner staff and produces advanced financials.""Embedded business intelligence is a valuable feature. There is also no need to wait for extract functions, and each transaction is reflected in the system dashboards in real time."

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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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"The Project Management User Interface is lacking.""Project collaboration through Dashboard Business Management and Relations Management is easy to perform, but it does need to be worked on as it is difficult for customers, suppliers, and internal users to use.""The solution could improve by having more integration.""I don’t like the SaaS models. Of course, they make the tool powerful enough to run a billion-dollar business. The tool is cheaper than SAP or Core.""There is not a 20 year pedigree of pharma experience in the NetSuite channel. While there are many of these CMO Pharma companies rapidly moving to NetSuite, there are few consultants with true pharma experience. Those who have experience are stretched pretty thin.""In NetSuite OneWorld, what needs improvement is the production planning functionality.""Some entities are not available for multiple subsidiaries, which requires duplication.""Needs time entry for billable employees."

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Pricing and Cost Advice
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  • "Consider the roles of the employees who will use NetSuite and identify any groups who will only utilize the employee center. These licenses are cheaper and will reduce costs significantly."
  • "Measure twice, cut once."
  • "​Good solution for the price, but hire a skilled project manager to handle the technical setup.​"
  • "Do not try to go it alone. Get a consultant who has been there and listens."
  • "NetSuite offers a great many advantages, including a cost of about third of the traditional pharma manufacturing ERP packages."
  • "NetSuite OneWorld is much less expensive for a very small to medium-sized business. Still, when you grow into an enterprise-level company, the price increases, but as long as you plan and know that going in, it's manageable."
  • "NetSuite OneWorld has fair pricing. It was not very expensive, so price-wise, I'm rating it as five out of ten."
  • "NetSuite OneWorld tends to be pricey. The decision to allocate a budget for this solution ultimately rests with the management and negotiating team, and I am not typically included in these discussions. Nonetheless, the information I've received leads me to believe that it is a costly platform. There are not any additional costs that I am aware of."
  • More NetSuite OneWorld Pricing and Cost Advice →

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    Top Answer:We've set up Jira integration and used robotic process automation (RPA) to streamline various processes, like procurement and invoicing. Some processes still require manual approval, like supplier… more »
    Top Answer:I would rate the pricing of the solution somewhere around six or seven out of ten. I don’t like the SaaS models. Of course, they make the tool powerful enough to run a billion-dollar business. The… more »
    Top Answer:Certain analytics features are missing that I've come to expect from other systems. Additionally, there are occasional issues with data accuracy that need to be addressed. Overall, deeper analytics… more »
    Ranking
    27th
    out of 68 in ERP
    Views
    759
    Comparisons
    495
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    14th
    out of 68 in ERP
    Views
    581
    Comparisons
    451
    Reviews
    7
    Average Words per Review
    686
    Rating
    8.5
    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.
    A comprehensive web-based solution, NetSuite is the industry's first and only Software-as-a-Service (SaaS) business software that supports your entire company from accounting/enterprise resource planning (ERP) to customer relationship management (CRM), professional services automation (PSA) and eCommerce in a single, integrated and powerful business management software solution.
    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.
    Lovesac, Land O'Lakes, Shaw, Kiva, SRS Acquiom, CommVault, Thomas Baker
    Top Industries
    VISITORS READING REVIEWS
    Computer Software Company16%
    Government12%
    Construction Company12%
    Manufacturing Company6%
    VISITORS READING REVIEWS
    Computer Software Company16%
    Healthcare Company9%
    Manufacturing Company8%
    Financial Services Firm7%
    Company Size
    VISITORS READING REVIEWS
    Small Business27%
    Midsize Enterprise12%
    Large Enterprise60%
    REVIEWERS
    Small Business67%
    Midsize Enterprise17%
    Large Enterprise17%
    VISITORS READING REVIEWS
    Small Business38%
    Midsize Enterprise12%
    Large Enterprise49%
    Buyer's Guide
    ERP
    April 2024
    Find out what your peers are saying about SAP, Microsoft, Oracle and others in ERP. Updated: April 2024.
    767,496 professionals have used our research since 2012.

    Deltek CostPoint is ranked 27th in ERP while NetSuite OneWorld is ranked 14th in ERP with 13 reviews. Deltek CostPoint is rated 7.0, while NetSuite OneWorld is rated 8.4. 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 OneWorld writes "Customizable with great integration capabilities and very good stability". Deltek CostPoint is most compared with Viewpoint ERP, SAP ERP, NetSuite ERP, SAP S/4HANA and Microsoft Dynamics GP, whereas NetSuite OneWorld is most compared with NetSuite ERP, SAP Business One, Microsoft Dynamics 365 Business Central, JD Edwards EnterpriseOne and SAP S/4HANA.

    See our list of best ERP vendors.

    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.