ABIS vs Costpoint

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Our analysts compared ABIS vs Costpoint based on data from our 400+ point analysis of ERP Software, user reviews and our own crowdsourced data from our free software selection platform.

Costpoint Software Tool

Product Basics

ABIS offers cloud-based enterprise resource planning (ERP) software designed for mid-sized to large organizations across various industries. Its core functionalities encompass finance, inventory management, supply chain, customer relationship management (CRM), and human resources. ABIS boasts user-friendly interfaces, real-time data insights, and robust reporting tools, catering to businesses seeking streamlined operations and data-driven decision-making. Popular features include automation capabilities, integration with third-party applications, and scalability to accommodate growth. Compared to similar ERP solutions, ABIS users cite its ease of implementation, flexible deployment options (cloud, on-premise, hybrid), and comprehensive customer support as key differentiators. However, its pricing structure, typically subscription-based and tiered according to modules and user count, can be a determining factor, especially for smaller businesses. Overall, ABIS caters to companies seeking a customizable and scalable ERP solution with a focus on user experience and real-time data visibility. While its pricing might not be the most budget-friendly, its feature set and flexibility earn it a spot among the preferred ERP options for mid-sized and larger organizations.

Pros
  • User-friendly interface
  • Real-time data insights
  • Scalable for growth
  • Flexible deployment options
  • Comprehensive support
Cons
  • Subscription-based pricing
  • May not be budget-friendly
  • Complex for smaller businesses
  • Limited customization options
  • Integration challenges
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Deltek’s Costpoint management suite is designed to serve government contractors of all sizes. It includes support for the entire life cycle of a project and includes accounting, manufacturing, business intelligence and materials management inclusions. It maintains high levels of compliance to ensure government contractors are within successful operational parameters.

It is available with both cloud-based and on-premise deployment options and adheres to the ever-growing list of government regulations required of contractors. It helps users streamline daily tasks and complex accounting processes and provides users with valuable visibility into company metrics.
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$50/User, Monthly
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$30 Monthly, quote-based
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Tailored to your specific needs
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Windows
Mac
Linux
Android
Chromebook
Windows
Mac
Linux
Android
Chromebook
Cloud
On-Premise
Mobile
Cloud
On-Premise
Mobile

Product Assistance

Documentation
In Person
Live Online
Videos
Webinars
Documentation
In Person
Live Online
Videos
Webinars
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support

Product Insights

  • Enhanced decision-making: Gain real-time insights and actionable data to drive informed business strategies.
  • Streamlined operations: Automate tasks, improve process efficiency, and boost productivity across departments.
  • Improved collaboration: Foster seamless communication and data sharing between teams for better alignment.
  • Scalability and flexibility: Adapt to changing business needs with a platform that grows alongside your organization.
  • Reduced costs: Optimize resource allocation, minimize errors, and drive cost savings through automation and efficiency gains.
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  • Reduce Compliance Costs: Costpoint knows compliance is key for anything related to government work. It can reduce costs associated with DFARS, CAS, SOX, MMAS, ASC 606 and FAR compliances. Lowering costs associated with these compliances can help with passing DCMA and DCAA audits. 
  • Valuable Project and Portfolio Intelligence: Deltek’s Costpoint suite gives users clear visibility and helpful insights to keep projects efficient while gleaning actionable insights for future processes.  
  • HR Process Automation: Automating tedious and time-consuming processes like open enrollment let users focus on more critical tasks. It also includes compliance reports to ensure that you and your teams are within the proper parameters to function successfully. 
  • Audit Preparedness: Cospoint’s software suite makes compliance with DCAA regulations a top priority. It also keeps users within SOX and DFARS guidelines while being compliant with GovCon right out of the box. It also includes sample reports and support for Wide Area Workflows. 
  • Improve Financial Management: Users can leverage Costpoint’s automation features to streamline cumbersome financial processes. It also gives users updated financial information to enhance forecasting. 
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  • Financial management: Comprehensive accounting, budgeting, forecasting, reporting, and tax compliance tools.
  • Inventory management: Real-time tracking of inventory levels, demand forecasting, reordering, and warehouse optimization.
  • Supply chain management: Vendor management, procurement, logistics, and order fulfillment capabilities.
  • Customer relationship management (CRM): Contact management, lead generation, sales pipeline tracking, and customer service tools.
  • Human resources management (HRM): Employee records, payroll, benefits administration, time tracking, and performance management.
  • Production management: Production planning, scheduling, job costing, quality control, and shop floor tracking.
  • Project management: Project planning, task management, resource allocation, collaboration, and time tracking.
  • Business intelligence (BI): Dashboards, reports, data visualization, and analytics for actionable insights.
  • Customization and integration: Tailor the system to specific business needs and integrate with other software applications.
  • Cloud deployment: Access the system from anywhere, anytime, with automatic updates and scalability.
  • Mobile access: Stay connected and productive on the go with mobile apps for iOS and Android devices.
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  • Project Management: Provides robust resource management capabilities. Users can budget and source their resources while ensuring that they are being properly distributed and used. It also automates a number of these processes to let users focus on more important tasks. 
  • Procurement Features:  Has customizable approval workflows to get purchase requisitions pushed through quickly. Cut down on double entry by automating purchase order generation after approval. Supplier portals boost collaboration and open up communication channels for more effective partnerships. 
  • Manufacturing Support: Supports manufacturing businesses with modules that manage quality, maintain compliance, and quickly adapt to engineering changes. It also provides inventory management features paired with barcode scanners. Contractors can also benefit from the extensive accounting solutions offered by the system. 
  • Time and Expense Management: Gives users multiple avenues to manage employee time, including time entry, leave requests and timesheet approvals. It also provides labor cost, project timeline and expense visibility to give project managers a clear view understanding of how things are progressing. 
  • Analytics and Intelligence: Puts vital data and reports directly into the hands of decision makers to keep the business moving forward. Built-in dashboards, embedded reports, ad-hoc reporting and robust analytics shine a light on the success or failure of daily processes. 
  • Accounting: Ensures that all transactional data is directly tied to the project. It contains features that support labor utilization, invoices for milestones, revenue forecasts, accounts receivable aging and numerous compliance inclusions. Users can leverage project status reports to see how costs measure up to the agreed-upon budget. 
  • Contracts: Leverages automation and a holistic approach to contract management and integrates all critical information into a single source. Users can track proposal costs and bids, rate vendor performance, manage RFPs and more. It also manages subcontracts and can automatically generate projects from opportunity records and contracts. 
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Product Ranking

#47

among all
ERP Software

#54

among all
ERP Software

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User Sentiment Summary

Excellent User Sentiment 5 reviews
Good User Sentiment 499 reviews
96%
of users recommend this product

ABIS has a 'excellent' User Satisfaction Rating of 96% when considering 5 user reviews from 1 recognized software review sites.

78%
of users recommend this product

Costpoint has a 'good' User Satisfaction Rating of 78% when considering 499 user reviews from 6 recognized software review sites.

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4.1 (14)
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3.5 (58)
4.8 (5)
4.0 (187)
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4.0 (201)
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3.8 (12)
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3.2 (27)

Awards

ABIS stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

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Synopsis of User Ratings and Reviews

Streamlined Operations: Automates tasks, improves process efficiency, and boosts productivity across departments.
Real-Time Insights: Gain actionable data and insights to drive informed business decisions.
Scalability and Flexibility: Adapts to changing business needs with a platform that grows alongside your organization.
User-Friendly Interface: Easy to learn and use, even for non-technical users.
Comprehensive Support: Offers extensive resources, training, and ongoing support to ensure success.
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Interface: Of the reviews that discuss the interface, 56% of users say this solution has a user-friendly interface and is easy to use.
Accessories: According to 69% of users, this solution's features are enough to streamline productivity and can integrate with each other.
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Subscription-Based Pricing: Can be expensive for smaller businesses, especially with additional modules and user fees.
Complexity: Can be complex to implement and use, requiring significant training and ongoing support.
Limited Customization: While offering some customization options, may not be as flexible as some other ERP solutions.
Integration Challenges: Integrating with existing systems can sometimes be challenging, requiring expertise and careful planning.
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Implementation: When asked about the implementation process, 43% of users stated it was complex.
Performance: Precisely 72% of users said it takes unnecessary steps to carry out a task and when error messages appear, they're unclear.
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ABIS user reviews reveal a software of immense potential, often overshadowed by its demanding nature. "ABIS is like a Formula One car," one reviewer quipped, "powerful and precise, but unforgiving if you don't know how to handle it." This sentiment rings true throughout user experiences. Those who delve into ABIS' depths rave about its analytical prowess. "Compared to Excel, it's like going from a paintbrush to a Van Gogh masterpiece," another user declared. Its advanced features, like AI-powered forecasting and intricate simulations, leave simpler tools like Tableau in the dust. "Sure, Power BI can crunch some numbers," a data scientist remarked, "but ABIS lets you build living models that actually predict the future." However, this power comes at a price. Mastering ABIS is like learning a new language, as one user lamented, "The interface is cryptic, and the documentation feels like deciphering hieroglyphics." This complexity deters casual users, making ABIS a playground for data wizards, not spreadsheet jockeys. "It took me months to feel comfortable," a marketing analyst admitted, "but now I wouldn't trade ABIS for anything." Ultimately, ABIS is a double-edged sword. For the data-driven and persistent, it unlocks a level of analysis unmatched by any competitor. But for the faint of heart or quick-fix seekers, it's a frustrating labyrinth. As one user aptly concluded, "ABIS rewards patience and curiosity. If you're willing to invest the time, it'll become your data analysis Excalibur."

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Deltek's Costpoint is a tool intended to carry out manufacturing, accounting, BI and other tasks to keep businesses afloat. Users say it's easy to use and simple to navigate features such as time tracking, MRP, reporting, change management and others to enhance operations. Other users say the setup is complicated and the performance isn't great because unclear error messages appear and it takes more steps to complete a task than necessary. Overall, Costpoint is a useful program.

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