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Compare ERP for Project-Based Companies

April 24, 2025 BY Jane @ Compare ERP
compare erp for project based

Project-based companies operate in complex, fast-moving environments where visibility, control, and collaboration are everything. Whether you’re in consulting, architecture, engineering, construction, or software development, you need more than just financials – you need ERP software that handles the full project lifecycle. That’s why it’s essential to compare ERP for project-based companies to find the best fit for your organization’s size, structure, and goals.

Below, we break down key features to look for, then compare five leading ERP systems tailored to the needs of project-driven businesses.

Key Features to Look For

When you compare ERP for project-based companies, focus on solutions that offer:

  • Project Accounting: Track costs, revenue, and profitability per project

  • Resource Planning: Allocate the right people to the right work at the right time

  • Time & Expense Management: Mobile entry, approvals, and integration with payroll and billing

  • Billing Flexibility: T&M, milestone, fixed-price, and hybrid contract models

  • Integrated Project Management: Gantt charts, milestones, task tracking, and dependencies

  • Dashboards & Analytics: Real-time views into project status, utilization, margins, and risks

Top ERP Systems for Project-Based Companies

1. Deltek Vantagepoint

Best for: AEC and consulting firms that need industry-specific controls

Deltek Vantagepoint is purpose-built for project-based businesses, with deep capabilities in project financials, scheduling, and compliance—especially in regulated industries.

  • Excellent for architecture, engineering, and consulting

  • Integrated project accounting and CRM

  • Compliance-ready (DCAA, FAR, etc.)

  • Easy-to-use resource planning and forecasting tools

  • Purpose-built dashboards for PMs and finance teams

Deltek excels when firms want industry-specific functionality out of the box, with minimal need for customization.

To find out more about Deltek you can visit this link.

2. Workday Professional Services Automation (PSA)

Best for: Mid-sized to large services and tech firms focused on workforce optimization

Workday PSA brings the power of Workday’s unified HCM and financials platform to project-based businesses. It’s especially strong for companies that view people as their top assetlike consulting firms, marketing agencies, and tech service providers.

  • Combines HCM, time tracking, resource management, and billing

  • Real-time project profitability and labor cost insights

  • Forecasting for demand, revenue, and utilization

  • Intuitive, mobile-first user experience

  • Powerful dashboards powered by Workday Prism Analytics

Workday PSA is ideal if you want seamless alignment between project work and workforce management—particularly if your projects are people-intensive and globally distributed.

To find out more about Workday you can visit this link.

3. Microsoft Dynamics 365 Project Operations

Best for: Firms already using Microsoft and needing a unified project-finance-sales platform

Dynamics 365 Project Operations brings together project planning, resource scheduling, and financial management in one platform, with deep ties into the Microsoft ecosystem.

  • Native integrations with Microsoft Teams, Excel, Power BI, and Office 365

  • End-to-end project visibility from sales to delivery to revenue

  • Predictive resource planning and real-time dashboards

  • Flexible billing and time tracking capabilities

  • Highly customizable with Power Platform

Great for companies that want a modern, modular system with tight links to their day-to-day collaboration and productivity tools.

To find out more about Microsoft you can visit this link.

4. SAP S/4HANA for Project-Based Services

Best for: Large, complex organizations with global operations and compliance needs

SAP S/4HANA offers robust enterprise functionality for managing complex, multi-phase, and multinational projects. Its strength lies in its depth and breadth of features.

  • Strong project structuring with WBS, milestones, and networks

  • Advanced budgeting, forecasting, and earned value analysis

  • Cross-entity financial consolidation

  • Real-time performance tracking via SAP HANA

  • Suited for industries like EPC, manufacturing, and large-scale construction

SAP is the go-to choice for enterprise-grade project firms that require full governance, compliance, and integrated supply chain or manufacturing controls.

To find out more about SAP S/4HANA you can visit this link.

5. Oracle NetSuite ERP (Core ERP)

Best for: Mid-sized businesses looking for a unified business management suite

Though you already use it, it’s worth noting that NetSuite ERP (outside of OpenAir) remains a powerful core for financials, inventory, procurement, and CRM—integrating tightly with project tools.

  • Unified financials, CRM, inventory, and more

  • Real-time project financial reporting

  • Native cloud platform with multi-entity support

  • Easy integration with third-party tools

  • Scalable as your firm grows globally

Since you’re already on NetSuite, you may be able to expand or optimize your current modules to reduce the need for external platforms.

To find out more about NetSuite you can visit this link.

Final Thoughts

To compare ERP for project-based companies effectively, consider these questions:

  • Is your business more finance-driven or people-driven?

  • Do you need global compliance and multi-entity support?

  • What’s more important: advanced analytics, tight Microsoft integration, or ease of use?

  • Do you want an all-in-one platform or a best-of-breed approach?

Each of the solutions above is strong – but the best one for you depends on your team structure, workflow maturity, and long-term strategic vision.

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