Deltek Vantagepoint Features
Accounting (26)
-
Chart of Accounts
Deliver out of the box Chart of accounts that can be used across multiple companies or business units.
-
AP Automation
Steam lines data entry by auto-populating recurring or predefined vendor values.
-
Journal Entries
Auto-populate based on previously entered information, uplaode journal entries and schedule future entries.
-
Tags & Dimensions
Ability to tag all transaction in the general ledger with customizable dimensions, classes, categories, etc.
-
Cash Management
Match payments and invoices and perform bank reconciliation in multiple currencies.
-
Project Accounting
Track accounting transactions, costs, and expenses by project or portofio of projects
-
Fixed Assets
Manage information on fixed assets such as asset value and depreciation
-
Payment Batches
Payments can be processed by batch without manual intervention
-
Payment Settlements
Clearing of electronic payments to transfer funds from customers to suppliers
-
Payment Methods
Support multiple payment methods such as Automated Clearing House (ACH), credit and debit card, and wire transfers
Inventory Management
Track and manage inventory levels to maintain proper supply
Change Order Management
Tracks all change orders submitted across projects and updates the budget to reflect the most recent costs
Task Management
Create, manage and track all task activities and progression
Budget Management
Forecast, allocate funds, organize financial resources and report & analyze project's income and expenditure
Project Planning/Scheduling
Defining the project's scope, deliverables, schedules, resources, budget, critical path, dependencies and constraints
Resource Scheduling
Allocate and manage resources, such as employees, equipment, facilities, and other assets
-
Revenue Recognition
Automate revenue recogniton by project, portfolio, or milestone and deliverable.
-
Invoice Management
Ability to create and send electronic invoices, including templates that can be customized/branded.
-
Payments
Accepts multiple types of payments from clients and match with invoices.
-
Project Accounting
Deliver features to track and manage costs and revenues by project.
-
Budget Tracking
Enables accountants and project managers to track and manage budgets.
Time & Expense Tracking
Log and record hours worked and costs spent to assist in billing and invoicing
Activity Tracking
Track and document all activities across devices, networks, and other systems
Billable Items Tracking
Track the list of items required to be billed/invoiced to clients
Document Management
Store, manage, and track all electronic documents in a centralized location
Multiple Projects
Ability to handle several projects simultaneously
Project Management (18)
-
Project Maps
Projects can be mapped out with milestones, due dates, deliverables and interdependencies.
-
Baselining / KPIs
Track key performance indicators or baseline assessments throughout project lifecycle or across multiple projects.
-
Project Budgeting
Associate a budget with a project and allocate it accordingly by task or resource.
-
Workflow
Automate task approvals processes and handoffs at project milestones.
-
Cost Tracking
Track total cost associated with projects and then report actual versus planned budget.
-
Risk Analysis
Forecast and account for project risk scenarios and apply plans to mitigate these risks in the system.
-
Resource Management
Define and allocate human and material resources for different types of projects
-
Time & Expense Tracking
Log and record hours worked and costs spent to assist in billing and invoicing
Multiple Projects
Ability to handle several projects simultaneously
Approval Workflow
Route documents and other data through one or more stakeholders for review and approval
-
Project Planning
Generate plans that define tha main activities and resources needed for a project
-
Project Tracking
Monitor the progress or all tasks and activities that are part of a project
-
Resource Definition
Contains library of skills and resources to allow project managers to find and assign to projects.
-
Resource Management
Provides functionality to assign resources to projects based on current and forecasted load, skills, role, etc.
Resource Allocation & Planning
Assign available resources (human and/or non-human) to various projects and tasks
Progress Tracking
Reporting on how each user, task or process has advanced since its initiation
Project Time Tracking
Measure time to completion or hours worked for projects
Project Management
Plan and coordinate all the resources, costs and time needed to execute assignments
Sales & Marketing (2)
-
Customer Master
Manages customer information including multiple ship-to and bill-to locations.
-
Proposals
Generate and manage proposals for project or portfolios of projects
HR (3)
-
Payroll
Payroll module or integration to an external payroll provider which automates the recording of payroll.
-
Workforce Management
Manage personnel availability and allocate human resources to production and inventory operations.
-
Time & Attendance
Track the time spent by employees performing various tasks related to production or inventory management.
Procurement (7)
-
Requisitions
Create and manage requisitions by project, portfolio, or business entity
-
Purchase Orders
Software supports purchase orders and provides the visibility needed to streamline the procure to pay process.
-
Subcontractor Management
Provides features to manage subcontractors for various types of tasks and projects
-
Project Procurement
Calculate procurement costs by project, portfolio, or type of projects
-
Supplier Management
Manage relationships with suppliers and track their performance
Purchase Order Management
Create, send, and track purchase orders and their statuses
Bid Management
Share bid details, archive bids, and create bid requests to assist in bid solicitation and quote comparison
Content Management (5)
-
Document Management
Provides a single repository for all documents and options to create and manage files
-
Collaboration
Allows users to colalborate on documents and keep an audit trail of the changes
-
Subcontracts
Manage subcontracts and thei dependencies on projects and contracts
-
Costs
Identify and track costs and expenses by contract or by type of contract
Procurement Management
Organize and manage all processes/procedures involved in purchasing goods and/or services
Analytics (7)
-
Earned Value
Track the earned value of projects to monitor performance and progress
-
Project Optimization
Identify project issues and provide corrective actions to improve performance
-
ROI and Forecasting
Measure return on investment and leverage data to predict profitability of future projects.
-
Forecasting
Provides ability for project managers to forecast resources, revenue, expenses using reports and manual adjustments.
-
Reporting
Access pre-built and custom reports and dashboards that can be configured by users.
-
KPIs
Include business and financial KPIs that are specific to project and portfolio management .
Real-Time Reporting
Active reporting of data and metrics
Customer Management (3)
-
Customer Profiles
Maintains a central repository of customer information and communications.
-
Sales
Identify sales opportunities and manage leads pipelines by customer or region.
-
Marketing
Create and manage marketing campaigns and track their performance
Administration (11)
-
Standard Integrations
Provides standard connectors for popular Finance, Payroll, HRMS and CRM systems
-
Workflow
Defines rules and workflows for submission and approval of tasks, activities, expenses, or requisitions.
-
Access Management
Grant access to select data, features, objects, etc. based on access rights by users, user role, groups, etc.
Email Management
Manage, store and organize emails within the system or via third-party apps
Workflow Management
Create, design and manage workflows for repetitive tasks
Task Management
Create, manage and track all task activities and progression
Portfolio Management
Overview of all programs that help compare initiatives, align projects with strategic goals and identify risk
Calendar Management
Track and manage schedules and meetings via an integrated calendar
Timesheet Management
Track the amount of time spent on a job or task
Accounting Integration
Integrate with a third-party accounting system
Third-Party Integrations
Set up connections to third-party platforms to improve business processes
Platform (4)
-
APIs
Provide Application Programming Interfaces (APIs) to enable integration of data, logic, objects, etc. with other software applications.
-
Internationalization
Enables users to view and transact business with the same content in multiple languages and currencies.
-
Performance and Reliability
Software is consistently available (uptime) and allows users to complete tasks quickly because they are not waiting for the software to respond to an action they took.
-
Mobile
Allows software to be easily used on multiple mobile devices including phones and tablets.
Generative AI (7)
-
AI Text Generation
Allows users to generate text based on a text prompt.
-
AI Text Summarization
Condenses long documents or text into a brief summary.
Proposal Generation
Create proposals based on costs of labor and materials
Generative AI
Use AI to generate content in the form of text, images, videos, etc.
-
AI Text Generation
Allows users to generate text based on a text prompt.
-
AI Text Summarization
Condenses long documents or text into a brief summary.
Generative AI
Use AI to generate content in the form of text, images, videos, etc.
Artificial Intelligence - Professional Services Automation (3)
Predictive Forecasting
Predicts project profitability, revenue, and resource utilization based on historical data and current trends.
Smart task suggestions
Gives task and resource allocation suggestions based on project context.
Automated workflows
Automates time-tracking, invoicing, and expense reporting.
Agentic AI - Professional Services Automation (2)
Adaptive Learning
Improves performance based on feedback and experience
Proactive Assistance
Anticipates needs and offers suggestions without prompting
Agentic AI - Project-Based ERP (2)
-
Autonomous Task Execution
Capability to perform complex tasks without constant human input
-
Decision Making
Makes informed choices based on available data and objectives
Additional Functionality (74)
Activity Dashboard
Dashboard to view the status of ongoing processes, identify current incidents and track past activities
Gantt/Timeline View
Visual representation of project's schedule, sequence and duration of tasks, benchmarks and dependencies
Quotes/Estimates
Generate quotes or estimates for customers
Collaboration Tools
Provides a channel for team members to share media files, communicate, and work together
Customizable Fields
Customize data fields to support various needs and use cases
CRM
Built-in customer relationship management (CRM) capabilities or integration with a third-party CRM system
AI Copilot
A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users
Customizable Reports
Alter the layout and content of reports
Performance Metrics
A set of indicators that tracks the performance of networks, applications, systems, teams, etc.
Access Controls/Permissions
Define levels of authorization for access to specific files or systems
Billing & Invoicing
Create, manage, and send invoices or bills to customers
Approval Process Control
Manage the process of evaluating documents or requests submitted for approval
Reporting & Statistics
Collection, analysis, and representation of numerical data and generation of reports to understand various patterns
Project Templates
Pre-designed project plans that can be customized
Task Scheduling
Track and manage the scheduling of tasks
Real-Time Data
Receive data and information in real time
Document Storage
Store and organize documents in a centralized system
Drag & Drop
Assemble applications and processes by dragging over and arranging pre-built components
Gantt/Timeline View
Visual representation of project's schedule, sequence and duration of tasks, benchmarks and dependencies
AI Copilot
A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users
Collaboration Tools
Provides a channel for team members to share media files, communicate, and work together
Revenue Recognition
An accounting principle that identifies the specific conditions in which revenue is recognized and determines how to account for it.
File Sharing
Public or private sharing of digital files such as documents, audio/video, images, and more
Data Import/Export
Import and export data to and from software applications
Mobile Access
Access software remotely via mobile devices
Project Costing
The process of estimating and tracking the expenses incurred for a specific project
Multi-Currency
Manage and handle various international currencies
-
Reporting/Analytics
View and track pertinent metrics to find patterns and gain insights from data
-
Activity Dashboard
Dashboard to view the status of ongoing processes, identify current incidents and track past activities
Quotes/Estimates
Generate quotes or estimates for customers
Billing & Invoicing
Create, manage, and send invoices or bills to customers
Bill of Materials
Access to a library of manufacturing parts, models, and specs
Bid Management
Share bid details, archive bids, and create bid requests to assist in bid solicitation and quote comparison
AI Copilot
A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users
Project Tracking
Monitor the progress of projects from start to finish
Client Tracking
Track all company interactions with current clients
Calendar Management
Track and manage schedules and meetings via an integrated calendar
Quotes/Estimates
Generate quotes or estimates for customers
Calendar/Reminder System
Notifications/alerts for upcoming events or tasks
Lead Management
Store information about leads or contacts and track, manage and nurture them throughout the sales process
Activity Tracking
Track and document all activities across devices, networks, and other systems
Customizable Reports
Alter the layout and content of reports
Task Management
Create, manage and track all task activities and progression
Third-Party Integrations
Set up connections to third-party platforms to improve business processes
Project Management
Plan and coordinate all the resources, costs and time needed to execute assignments
Inventory Management
Track and manage inventory levels to maintain proper supply
Email Marketing
Create and send email blasts/campaigns
Activity Dashboard
Dashboard to view the status of ongoing processes, identify current incidents and track past activities
Collaboration Tools
Provides a channel for team members to share media files, communicate, and work together
Communication Management
Manage and track all internal and external communication conducted via calls, email, text, or chat
Customizable Templates
Pre-designed layouts that can be customized to match preferences and requirements
API
Application programming interface that allows for integration with other systems/databases
Buyer Management
Track all information required to develop and sell lots in housing projects
Document Management
Store, manage, and track all electronic documents in a centralized location
Workflow Management
Create, design and manage workflows for repetitive tasks
Project Time Tracking
Measure time to completion or hours worked for projects
Reporting/Analytics
View and track pertinent metrics to find patterns and gain insights from data
Contract/License Management
Track, store, and access client contracts or licenses
Data Import/Export
Import and export data to and from software applications
Warranty Tracking
Track the duration and expiration of warranty as well as any obligations under that warranty
Estimating
Estimate expected cost based on various factors before a project begins
Customizable Fields
Customize data fields to support various needs and use cases
ACH Payment Processing
Accept electronic bank-to-bank transfers using a network called the Automated Clearing House (ACH)
Forecasting
Form predictions based on past and present data/trends
Sales Approval
Ensure that quotes/invoices are correct before sending to customers
Subcontractor Management
Track information, qualifications, and contact details of subcontractors
Change Order Management
Tracks all change orders submitted across projects and updates the budget to reflect the most recent costs
Scheduling
Plan availability and assign specific time slots for tasks and resources
For AEC Industry
Primarily serving architecture, engineering, and construction industry professionals
Procurement Management
Organize and manage all processes/procedures involved in purchasing goods and/or services
Job Costing
Calculate total itemized costs, including initial costs and any changes
Sales Pipeline Management
Pipeline view and tracking lead status
Generative AI
Use AI to generate content in the form of text, images, videos, etc.
Contact Management
Manage, organize, and store contact information
Top-Rated Alternatives
Technology Glossary Features
View definitions of the features and discover new technology terms.
A purchase order is an official document given to a seller by a buyer, pledging to pay for the sale of particular products or services that will be delivered in the future. Learn more about what a purchase order is, the types, the formats they come in, and their benefits.
Supplier management plays a valuable role in the procurement process by overseeing supply chain relationships. Learn more about its benefits.


