Frazer vs Costpoint

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Our analysts compared Frazer 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

Frazer is a Dealer Management Software for used car dealerships that provides a centralized platform for businesses to manage administrative processes like marketing, communication, payments, contract generation. It allows integration with several third-party programs for smooth functioning. Different modules like sales, inventory and customer management give managers the freedom to add and track vehicles, perform background checks, create multiple payment schedules and more. Users can access it on various devices, create buyer’s guides, build forms, send personalized letters to the customers and efficiently manage online registration processes.
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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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$99 Monthly
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$30 Monthly, quote-based
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Tailored to your specific needs
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Product Assistance

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

Product Insights

  • Close More Deals: Ensure better engagement between clients and dealers with interactive and intelligent platforms operated by a team of programmers that program all the forms required in the deal. 
  • Transparency: Provide the team with data that helps gain an insight into profit leak and profitability. Empower the team to strategize accordingly and make the right decisions. 
  • Flexibility: Keep an eye on the trends and reconcile forecasts at different levels. Meet the unique requirements of the dealers by understanding the clusters and splitting the parts stock. 
  • Get Maximum Value: Save time by setting constraints on purchase to ensure maximum availability without overstocking the inventory. 
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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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  • Inventory Management: Quickly add vehicles and costs and generate inventory reports like vehicle history — NADA, KBB, Carfax, Autocheck and NBVTIS. Provide a free SiriusXM trial to customers. 
  • Sales Processing: Input sales details like cash, wholesale, outside financed sales and more. Keep track of the checks with the OFAC SDN list against each customer name. Review profit/loss for each sale by printing a recap. Store information on credit cards, insurance, co-buyer info, commission, residences and mailing addresses. 
  • Form Printing: Customize forms according to the dealership’s specific needs. Make use of custom form programming free of cost. 
  • Accounting Suite: Input trackable checks, ACH expenses, post expenses and other transactions directly to the general ledger. Avoid the possibility of mistakes or double posts by reconciling bank statements with one click. Generate year-end tax reports to ease the burden associated with tax season. Conveniently export data into an understandable format. 
  • Integration: Take advantage of over 200+ integrations for different needs like website and vehicle marketing, finance companies and funding portals, accounting, service contracts, starter interrupt and GPS tracking, electronic title and registration, credit card processing, texting, entertainment and insurance, vehicle history reports and value guides. 
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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

#49

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ERP Software

#54

among all
ERP Software

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User Sentiment Summary

Excellent User Sentiment 135 reviews
Good User Sentiment 499 reviews
94%
of users recommend this product

Frazer has a 'excellent' User Satisfaction Rating of 94% when considering 135 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)
4.72 (135)
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

Frazer 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

Comprehensive Functionality: Frazer offers a wide range of features, including inventory management, accounting, customer relationship management (CRM), and reporting, making it suitable for businesses with diverse operational needs.
Industry-Specific Features: Frazer provides specialized tools and functionalities tailored to specific industries, such as automotive dealerships, powersports dealerships, and RV dealerships, ensuring that businesses have access to relevant features for their unique requirements.
User-Friendly Interface: Frazer is known for its intuitive and easy-to-use interface, which simplifies navigation and reduces the learning curve for users, even those with limited technical expertise.
Integration Capabilities: Frazer integrates with various third-party applications and services, such as payment gateways, marketing platforms, and shipping providers, allowing businesses to streamline their operations and enhance efficiency.
Scalability: Frazer can accommodate the growth of businesses, from small startups to large enterprises, by offering flexible plans and the ability to add users and features as needed.
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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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Customization Challenges: The platform's rigidity can pose challenges for businesses with unique workflows or industry-specific requirements that necessitate extensive customization.
Usability Concerns: Navigating the interface and locating specific functionalities can be cumbersome due to its complexity, potentially hindering user adoption and productivity.
Implementation Time: Implementing Frazer can be a time-intensive process, often requiring significant configuration and data migration efforts, which may disrupt ongoing operations for businesses.
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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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Frazer's got your back-office covered, but is it the right fit for your dealership? User reviews from the past year paint a picture of software that's a powerhouse for independent used car dealerships but might leave franchise dealers wanting more. Reviewers rave about Frazer's comprehensive suite of tools, covering everything from inventory management and accounting to deal structuring and F&I. It's a one-stop shop that streamlines operations and keeps things running smoothly, especially for smaller dealerships that don't need the bells and whistles of a more complex system. Where Frazer seems to fall short is in its integrations and customization options. Users mention that while it covers the basics, it lacks the flexibility to integrate with certain third-party tools or tailor the system to specific workflows. This can be a dealbreaker for larger dealerships with more intricate needs. Another point of contention is customer support. While some users praise the responsiveness and helpfulness of the support team, others report long wait times and unresolved issues. So, who's Frazer's ideal customer? Independent used car dealerships looking for an all-in-one solution to manage their business will likely find Frazer to be a valuable asset. Its ease of use, affordability, and comprehensive features make it a solid choice for those who prioritize simplicity and efficiency. However, franchise dealerships or those with more complex requirements might need to look elsewhere for a system that offers greater flexibility and scalability.

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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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