Deltek First Review - why 3.5 stars?

Shlomi Lavi / updated: Apr 21, 2022

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What is Deltek First?

Deltek First is a cloud based project management and accounting software for services organizations. It provides two solutions designed to meet the needs of professional services companies and government contracting firms to achieve better project results, while incurring fewer risks and reducing compliance costs.

Deltek the provider of this software was founded over 30 years ago and is based in Herdon, Virginia. The company’s focus has been on building enterprise software solutions for services based businesses with the goal of improving revenue across multiple projects.

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Who is it best for?

The product has been designed as a cloud based solution specifically with small and mid-sized contractors in mind. It addresses two types of businesses the first being Professional Services which covers such sectors as Accounting, Consulting, Engineering, Architecture and Construction. It also provides a solution for Government Contracting which addresses sectors such as Aerospace & Defense, Energy & Environment, as well as Procurement & Construction.

Deltek First for Government Contractors and Professional Services is designed to serve the complete Project Lifecycle needs of such companies. It does this by providing effective accounting, project management and costing, as well as time and expense management features that are the key requirements for such companies. Additionally for government contracts Deltek First ensures compliance to government regulations which is mandatory to perform such contracting work.

Finally as a cloud based solution Deltek First can easily scale to fast-growing small business services firms, but at the same time provide project, finance and executive management visibility and control over finances, resources and multiple projects.

Deltek First’s customers include Dominion Business Solutions, Edvance Research, GIS Federal, Groth Design and Mantacore.

Main features and functionalities

With Deltek First services companies can implement start-to-finish best-practices for forecasting, resource allocation, project management, financial management, time and expense, customer management, human resources management, budgeting and project billing.

Professional Services companies are a good fit for Deltek First as it provides solutions that empower these companies to deliver profitable projects and streamline their financial management processes. In addition with fully fledged project management tools that include job costing, project manager reporting, and planning capabilities, these services companies can deliver better project based services to customers.

For small government contractors Deltek First can help their company engage staff and execute projects profitably, while also doing effective project management. Additionally these contractors have access to Time & Expense Management as well as Financials which are designed to ensure compliance to the ever increasing government regulations for contracting work.

The product is well suited for small and mid-sized professional services businesses and government contractors as it is cloud based and so only needs a subscription fee to run without costly services or hardware investment. Additionally Deltek First manages all upgrades to ensure the software is always updated with the latest functionality, and provides rapid deployment so that customers can start operations quickly.

Finally as a cloud based solution it is accessible anywhere which is beneficial for infield services consultants and project managers.

What is the actual cost?

The cost of license starts at $63 per license. ITQlick pricing score is 7.2 out of 10 (10 is most expensive). Access ITQlick pricing guide for Deltek First. You can also find here pricing information from Deltek First's website.

Pros

• Deltek First is only focused on professional service and government contracting so is a good fit for companies in these sectors
• It is a Cloud based system which allows for faster deployment and less investment
• There are inbuilt compliance rules in Deltek First that meet government regulations
• The product includes a full fledged human capital management solution designed to serve the unique Human Resource needs of professional services firms
• The solution delivers accurate, on-demand information across the business to allow services teams to proactively address customer service issues

Cons

• The product is not available for larger enterprises
• Deltek First does not provide social media integration
• It has no Free Trial on offer
• The product does not offer open API integration to other third party software
• There is no workflow management included in this solution

How it stacks up?

Access a head to head analysis of Deltek First vs alternative software solutions.

Frequently Asked Questions (FAQs)