Deltek CostPoint vs IFS Cloud Platform comparison

Deltek and IFS are both solutions in the ERP category. Deltek is ranked #28, while IFS is ranked #9 with an average rating of 8.0. Deltek holds a 0.4% mindshare in ERP, compared to IFS’s 2.5% mindshare. Additionally, 50% of Deltek users are willing to recommend the solution, compared to 84% of IFS users who would recommend it.

Deltek CostPoint

Read 1 Deltek CostPoint review

559 Views
349 Comparison Views

50% willing to recommend

IFS Cloud Platform

Read 31 IFS Cloud Platform reviews

2,712 Views
1,724 Comparison Views

84% willing to recommend

Deltek CostPoint

IFS Cloud Platform

Comparison Buyer's Guide

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Executive Summary

We performed a comparison between Deltek CostPoint and IFS Cloud Platform based on real PeerSpot user reviews.

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To learn more, read our detailed ERP Report (Updated: December 2024).

Buyer's Guide

ERP

December 2024

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Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Categories and Ranking

Deltek CostPoint

Ranking in ERP

28th

Average Rating

7.0

Number of Reviews

Ranking in other categories

No ranking in other categories

IFS Cloud Platform

Ranking in ERP

9th

Average Rating

7.8

Reviews Sentiment

6.8

Number of Reviews

Ranking in other categories

CRM (12th), Customer Experience Management (7th), Field Service Management (1st), Help Desk Software (8th), Activity Based Costing Software (7th), Enterprise Asset Management (EAM) (2nd), Local Government CRM (4th), IT Asset Management (7th), IT Service Management (ITSM) (6th), License Management (2nd)

Mindshare comparison

As of January 2025, in the ERP category, the mindshare of Deltek CostPoint is 0.4%, down from 0.5% compared to the previous year. The mindshare of IFS Cloud Platform is 2.5%, up from 2.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.

ERP

Featured Reviews

B Stine

Manager at a consultancy with 51-200 employees

Good solution for finance in general but falls short on the manufacturing side

There is room for improvement when it comes to reporting and the manufacturing piece in general. I would like to see more of a complete solution with the operations end of the business, namely the quality management system and the production pieces. It's very good at project costing, cost accounting, accounting and finance in general. Where it falls short is the manufacturing side. 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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Brendan Fisher

IFS Applications Consultant at Zest Business Process Management Ltd

Robust, customizable, and modern

IFS is a very large and complex software, and implementation of IFS can be challenging and may lead to a difficult lengthy project. It can take between 12 and 24 months in some cases to deploy. I have found that not all clients are fully aware of how big the task is that they're undertaking when they make a decision to move to software like this. Companies need to be more aware of the complexity of an ERP implementation project and while I fully recommend moving to IFS, it is not easy and does require business change when adopting an ERP solution. New features are a difficult ask - I work across multiple industries and everyone would probably choose a different feature. Maybe BIM in Construction or Customs link-ups for importers/exporters.

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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."

"I like the connectivity and interfaces. In V10, it's easy to modify the interfaces and layouts, but it's becoming more complicated in the cloud. IFS is excellent at asset maintenance and incident management. They have specialized modules for IFS that cover incident and asset management and everything else connected to finance. The reporting in IFS is also easy to use."

"There tends not to be a massive weakness in the product itself, as weaknesses can quickly be resolved in the next patch or the next release."

"When it comes to financing, the solution has helped us to concentrate finance functions like accounting processes in one system. This includes about 70 internal entities around the world."

"Having a young talented programmer, during the six years of use, we were able to save around 75 000 EUR preparing simple modifications using customization rather than ordering them in IFS / Partner."

"The best feature is the maintenance module, which is essentially an industry-specific workflow designed with a manufacturing module as per industry standards. It's very precise and specific without having complex functionalities. It's straightforward. Field Service Management is definitely a wonderful product that IFS has developed because it caters to field services. The energy and utility sectors can answer their business needs using the software."

"The most valuable features of IFS Applications are their intuitiveness and ease of use. The navigations are also straightforward, which makes it easy to train users. The feedback I always receive is that it is very user-friendly."

"The financial posting controls are quite handy. The user interface is really friendly, highly flexible, and pretty intuitive for end users."

"The main reason for the ERP project was to bring together our fourteen sites, which had until then worked in separate silos."

More IFS Cloud Platform pros

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."

"I have seen that one of the areas that my company has identified for improvement might be the rental management capabilities within the solution."

"The next version has already been released, and some of the technical things are a little bit behind the curve in development. This is specifically security, maintenance, security role maintenance, and creation. This is in their new product, called IFS Cloud."

"I'm a business analyst, so I do a lot of customer-facing work. I take calls from businesses I have to troubleshoot. One thing that bugs me is the error messages you get from IFS. If I get an error message, I have to dig to find the cause because, often, the error message doesn't precisely describe the problem. It'll hint about where the problem lies, but you have to work to find the root cause. It doesn't help in my situation. You expect an error message to point to the field or what is causing the issue."

"There were initial difficulties when I started using the application."

"There are certain digital features that need to be incorporated, such as IOP."

"The solution needs to improve its documentation and user-friendliness."

"The solution's reporting tools still require improvement."

"There should be some improvements in the predefined templates in IFS Applications."

More IFS Cloud Platform cons

Pricing and Cost Advice

Information not available

"The product is reasonably priced."

"IFS Applications are competitive in terms of pricing compared to other vendors, such as SAP, Oracle, and Epicor. They are generally cheaper, especially for licensing costs."

"Licensing is on an annual basis, with no additional costs."

"It is better to buy implementation services from IFS than from partners"

"Compared to SAP, the pricing for IFS Applications was very affordable. People using the solution would find that it's worth the money."

"We pay for a license to use the solution, which is not very expensive."

"There's an additional yearly cost for support."

"There are varying license levels that you can purchase."

More IFS Cloud Platform pricing and cost advice

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Top Industries

By visitors reading reviews

Computer Software Company

17%

Construction Company

15%

Government

Financial Services Firm

Computer Software Company

19%

Manufacturing Company

10%

Government

Construction Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

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Earn 20 points

What do you like most about IFS Applications?

Scalability-wise, I rate the solution a nine or ten out of ten since it is an extremely scalable solution that can be used for various use cases with thousands of users.

See all answers

What is your experience regarding pricing and costs for IFS Applications?

The product is reasonably priced. The costs are justified by the value provided, considering the comprehensive features and minimal need for customization. I rate the pricing a seven out of ten.

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What needs improvement with IFS Applications?

The solution's reporting tools still require improvement. The current functionality could be more user-friendly and flexible, which can lead to increased reliance on service partners for custom cha...

See all answers

Comparisons

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Compared 23% of the time

SAP S/4HANA vs IFS Cloud Platform

Compared 14% of the time

Microsoft Dynamics 365 Business Central vs IFS Cloud Platform

Compared 11% of the time

IBM Maximo vs IFS Cloud Platform

Compared 10% of the time

ServiceNow vs IFS Cloud Platform

Compared 8% of the time

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Product Reports

Buyer's Guide

ERP

December 2024

Download Deltek CostPoint product report

Buyer's Guide

IFS Cloud Platform

January 2025

Download IFS Cloud Platform product report

Also Known As

CostPoint

IFS Applications, Assyst, IFS Cloud

Learn More

Deltek

IFS

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.

IFS is the world’s leading provider of Industrial AI and enterprise software for hardcore businesses that make, service, and power our planet. Our technology enables businesses which manufacture goods, maintain complex assets, and manage service-focused operations to unlock the transformative power of Industrial AI™ to enhance productivity, efficiency, and sustainability. Industrial AI is IFS.ai.

IFS Cloud is a fully composable AI-powered platform, designed for ultimate flexibility and adaptability to our customers’ specific requirements and business evolution. It spans the needs of Enterprise Resource Planning (ERP), Enterprise Asset Management (EAM), Supply Chain Management (SCM), Information Technology Service Management (ITSM), and Field Service Management (FSM). IFS technology leverages AI, machine learning, real-time data and analytics to empower our customers to make informed strategic decisions and excel at their Moment of Service™.

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.

China Airlines, Electrolux Group, Babcock, Cimcorp, Sky, Multiplex, Veolia.

Find out what your peers are saying about SAP, Microsoft, Oracle and others in ERP. Updated: December 2024.

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