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PeopleSoft vs Costpoint

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Our analysts compared PeopleSoft 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.

Overview Pricing Benefits & Features User Ratings Analyst Summary Screenshots
PeopleSoft Software Tool
Costpoint Software Tool
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Product Basics

PeopleSoft, a software suite developed by Oracle America, offers a comprehensive solution for managing various business processes, including Enterprise Resource Planning (ERP). This versatile software caters to businesses of all sizes and across diverse industries. Its primary purpose is to streamline and automate essential tasks such as financial management, human resources, supply chain management, and customer relationship management. PeopleSoft's user-friendly interface and extensive functionality have garnered positive reviews, with users praising its ease of use and ability to meet the specific needs of their organizations.

Among its popular features are inventory tracking, employee benefits management, and financial reporting tools. PeopleSoft's pricing typically falls within the mid-range for similar ERP software options, and it offers flexible payment options such as monthly or annual subscriptions.

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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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Product Insights

  • Increase Profitability: There are several features within the system that help increase profitability. For example, resource management capabilities help you leverage your resources so you can earn as much profit as possible. The Enterprise Pricer feature allows you to test prices analyze margin data. 
  • Collaborate with Suppliers: The eSupplier Connection provides vital information to suppliers and allows you to connect and collaborate with them via a web-enabled interface. This feature saves time for your procurement staff and improves the supplier-buyer relationship. The supply contract management feature fosters this relationship as well because it streamlines the contracting process for both supplier and buyer. 
  • Improve Visibility: The single, unified system provides system-wide visibility to the user. System integrations with modules like the e-procurement solution allow for visibility across departments. 
  • Improve Employee Productivity: The automation of business processes frees up time for employees to do other tasks. PeopleSoft Mobile Approvals allows you to manage approvals from anywhere, streamlining the approval process and saving your employees time. 
  • Manage Project Budgets: Project management features such as program management allow users to manage projects and their data across your entire organization. Project costing also assists in budget management. 
  • Save Money: Asset management capabilities, such as the maintenance management solution, lower the cost of owning assets. Cost management uses a flexible accounting model to handle supply chain costs. 
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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: PeopleSoft manages your company’s financials from end to end. It comes with basic financial tools such as a general ledger, receivables and payables. Other more advanced functions include risk management, cost management, cash management, eSettlements and Enterprise Pricer. 
  • Asset Management:  Asset management provides a single, unified database that tracks and stores your company’s assets. It manages associated accounting responsibilities and helps to lower the cost of asset ownership. Maintenance management streamlines the asset management lifecycle and ensures healthy investment levels that meet your financial and utilization goals. 
  • Procurement Tools: The e-procurement function controls purchasing and leverages your company’s supply base to a competitive advantage. It comes equipped with robust search capability and intuitive pages, which makes for ease of navigation. Other primary procurement features include purchasing and inventory management.  
  • Project Management: Resource management capabilities provide the user with the tools to identify and use resources in the most advantageous way. Project costing supports the financial processes within project management with its budgeting, analysis, costing and burdening capabilities.  
  • Supply Chain Management: PeopleSoft automates numerous supply chain processes. Supply planning, strategic sourcing and order management are some of the features that benefit from this type of automation. 
  • Global Transactional Management: The Financial Gateway Datasheet is an electronic payment solution that optimizes payment processing and reduces late payments. Cash management streamlines the planning, processing and reporting requisites of global treasury units.  
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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

#10

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#54

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ERP Software

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User Sentiment Summary

Good User Sentiment 1431 reviews
Good User Sentiment 499 reviews
79%
of users recommend this product

PeopleSoft has a 'good' User Satisfaction Rating of 79% when considering 1431 user reviews from 5 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.

4.6 (20)
4.1 (14)
3.7 (645)
3.5 (58)
n/a
4.0 (187)
4.0 (249)
4.0 (201)
4.3 (284)
3.8 (12)
4.2 (233)
3.2 (27)

Synopsis of User Ratings and Reviews

Functionality: According to 92% of reviewers, Oracle PeopleSoft provides robust functionality.
User-Friendliness: Though there were some complaints about the user-friendliness of the system, almost 80% of reviewers who mentioned the user interface said the system is easy to use once you complete training.
Integration: With fully-integrated applications, 100% of users who mentioned integration in their review were happy with the connectivity of the system.
Support: Amongst conflicted reviews concerning customer support and training, PeopleSoft came out with about 60% happy respondents.
Customization: All of the reviewers mentioning customization applauded the system’s ability to adapt to their processes and preferences.
Data Management: According to 100% of reviewers, PeopleSoft provides abundant data storage and organized data management.
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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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Navigation: The most widespread complaint amongst reviewers is concerned with complicated, disjointed navigation. Of the users who mentioned the navigation, 83%were unhappy with the UI/UX of Oracle PeopleSoft.
Reporting: Reporting capabilities of the system are considered sub-par with just over 50% of reviewers issuing complaints. Out-of-the-box reports are not robust enough and custom reports are difficult to build.
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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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Oracle PeopleSoft poses issues such as difficulties in navigating the system and generating valuable reports. Otherwise, reviewers were satisfied with the system functionality, ease of use, connectivity, support, data management and ability to customize. It’s recommended that anyone adopting this system have tech-savvy end users.

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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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