teamspace

teamspace is an integrated business suite developed by 5 POINT AG, a software vendor headquartered in Darmstadt, that targets small and mid-sized German service businesses with a continuous end-to-end workflow from customer relationship management through project execution to invoicing. Rather than positioning as a horizontal ERP that touches manufacturing or warehouse-heavy trade, teamspace is purpose-built for service-driven organisations: consultancies, agencies, technical-services firms and similar businesses where the core workflow is project-led services rather than goods movement. The product covers CRM, time and expense tracking, project management, invoicing, basic finance and document management in a single integrated platform, which is a meaningful difference from the best-of-breed stacks typical of smaller service businesses.

Functional scope

teamspace covers the full service-business workflow: CRM with opportunity tracking and quote management, project management with task and milestone tracking, time and expense capture with mobile entry, resource and capacity planning across consultants, project-controlling with post-calculation against bid budgets, invoicing on time-and-materials or fixed-price logic, basic finance with AR/AP and DATEV hand-off, document management and a customer-collaboration portal. The integration depth across these modules — the same customer record drives CRM, project, time-tracking and invoicing without connectors — is the functional differentiator versus best-of-breed stacks where the same data lives in three or four separate systems. The product is less well suited to manufacturing, warehouse-heavy trade or transactional retail.

Target segment

The natural teamspace customer is a German SMB or lower-Mid-Market service business between roughly 5 and 100 employees in consulting, agency, technical services, engineering services or similar project-led verticals. The product is particularly attractive for organisations that have outgrown spreadsheet-and-email-driven service management but do not need the depth of a dedicated upper-Mid-Market service-business platform such as Vertec or Projektron. Outside the service verticals, teamspace is rarely the right answer: pure trade, manufacturing or e-commerce SMBs are better served by horizontal SMB ERPs (myfactory, weclapp, Xentral) or vertical specialists. At the upper end above 100 employees, Vertec or Projektron typically deliver deeper functionality for complex service organisations.

Architecture and deployment

teamspace is delivered as a cloud-hosted SaaS product from German data centres operated by 5 POINT AG, with a browser-based user interface and dedicated mobile apps for time and expense entry. An on-premises option exists for customers with specific compliance requirements but is the minority deployment model. The architecture is built around an integrated data model rather than a connector-based pattern, which keeps the data quality consistent across the CRM, project, time-tracking and invoicing modules without the synchronisation overhead typical of best-of-breed stacks. Integration with DATEV, banking, common email systems and external project-management tools is supported through standard interfaces.

Pricing and licensing

teamspace uses a transparent per-user-per-month subscription model. Indicative pricing: the entry tier begins at around 15 euro per user per month, the standard tier at around 30 euro per user per month, and the full-suite tier with all modules activated at around 50 euro per user per month. Implementation, training and customisation are charged separately on a project basis but are typically modest for the service-SMB target segment because the standard product covers most common workflows without heavy configuration. Total cost of ownership over five years for a typical 25-user service-business deployment lands between 30,000 and 90,000 euro depending on tier and customisation, which is competitive with the best-of-breed alternative for the same functional scope.

Selection considerations

teamspace is a strong choice for German SMB and lower-Mid-Market service businesses between 5 and 100 employees that want a single integrated platform for CRM, project, time-tracking and invoicing rather than a best-of-breed stack. The integration depth and the focus on service-business workflows are the competitive differentiators versus generic SMB ERPs. The trade-offs are the focused functional scope — teamspace is not the right product for manufacturing, warehouse-heavy trade or e-commerce — and the smaller vendor profile compared with the larger SMB ERP vendors. For service-SMBs that fit the profile, teamspace belongs on the long-list alongside Projektron BCS, Vertec (for larger consultancies) and the project-business modules of horizontal SMB ERPs.

Vendor homepage of teamspace

Current view of the website https://www.5point.de/

Reviews for teamspace

No published reviews yet for teamspace on erp-software.org yet.

Be the first to write a review →

Write your own review for teamspace schreiben

Share your experience with teamspace. We publish reviews after a brief editorial check in 1–3 business days. Fields marked with * are required.

Häufig gestellte Fragen

Is teamspace cloud-based or on-premise?

Deployment options vary by vendor — many systems today offer both variants or a hybrid model. Details on the pros and cons at Cloud ERP vs on-premises. On-premise remains relevant above all in regulated industries and for deep customising; cloud, by contrast, dominates new projects from the mid-market upwards.

Who is the vendor behind teamspace?

You will find vendor master data (headquarters, number of employees, ownership structure) in the vendor profile above. These factors are important for assessing the future viability of an ERP vendor and should be checked in every selection process. Owner-managed vendors score with continuity, while listed companies offer investment security and greater roadmap stability.

Which reports and dashboards does teamspace offer?

Standard reports cover financial accounting, sales, warehousing and production. Custom dashboards via Power BI, Tableau or built-in BI tools are often optional — see business intelligence. Self-service BI tools such as Power BI, Tableau or Qlik are increasingly integrated directly, enabling custom analyses without IT support.

Which AI features does teamspace offer?

Current ERP systems integrate AI for forecasting, anomaly detection, invoice OCR and conversational UI (Microsoft Copilot, SAP Joule). The vendor profile shows the specific AI modules. Practically relevant AI modules today are demand forecasting, predictive maintenance, invoice OCR and conversational UI for back-office staff.

How does teamspace compare to SAP?

SAP is the market leader for large corporations; in the mid-market there are numerous leaner alternatives, often with deeper industry expertise. For concrete comparisons: ERP comparison pages. SAP solutions offer the greatest functional depth but are more expensive to customise than mid-market competitors.