NetSuite OneWorld vs Oracle Fusion Cloud ERP comparison

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NetSuite Logo
554 views|428 comparisons
93% willing to recommend
Oracle Logo
2,751 views|2,036 comparisons
97% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between NetSuite OneWorld and Oracle Fusion Cloud ERP based on real PeerSpot user reviews.

Find out what your peers are saying about SAP, Microsoft, Oracle and others in ERP.
To learn more, read our detailed ERP Report (Updated: April 2024).
772,277 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"Allows us to use it the way we need to instead of changing our needs and processes to fit the product.""The solution is user-friendly and flexible.""NetSuite OneWorld is a single instance that allows you to do different business functions, such as reporting, order-to-cash, design-build, and procure-to-pay. This feature is what's most valuable in the solution.""Inventory management in NetSuite OneWorld is one of the best in the industry, so this feature is what I like most about the solution.""Utilizes best practices that are simple to implement.""The ability to customize it to create custom fields that are reportable, and then to be able to write script behind it to automate other processes that might otherwise be manual is great.""The solution is scalable.""We've set up Jira integration and used robotic process automation (RPA) to streamline various processes, like procurement and invoicing. Some processes still require manual approval, like supplier invoices, but we're simplifying those too. We're also exploring integrating with other tools like Power BI for better data analytics and reporting. Currently, our automation focuses on general tasks, not document understanding or anything complex like that."

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"Oracle Fusion Cloud ERP has integrated the best features from various sources. For instance, it incorporates the strengths of HCM from PeopleSoft, PPM from another source and CRM from Salesforce.""My company found the financial planning and budgeting modules of Oracle ERP Cloud more sophisticated and valuable than its other modules.""I like that Oracle ERP Cloud has a lot of ready-to-use products, making it easy to adopt.""The user interface is the best feature.""What's most valuable in Oracle ERP Cloud is that it's one of the largest ERPs available in the market and it has a lot of customization features. It also has a lot of flexibility and integration options that work with other applications. Many of the customers also migrate to the cloud, so Oracle ERP Cloud is a preferred solution.""It provides our management a real-time view of operations.""The best part of Oracle ERP Cloud is that everything can be found in a single place.""The main component is Oracle Financial. It is one of the most comprehensive financial solutions available on the market."

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Cons
"Certain analytics features are missing that I've come to expect from other systems. Additionally, there are occasional issues with data accuracy that need to be addressed. Overall, deeper analytics capabilities would greatly improve the tool's usefulness for me.""In NetSuite OneWorld, what needs improvement is the production planning functionality.""Needs time entry for billable employees.""Project collaboration through Dashboard Business Management and Relations Management is easy to perform, but it does need to be worked on as it is difficult for customers, suppliers, and internal users to use.""Some entities are not available for multiple subsidiaries, which requires duplication.""NetSuite OneWorld, the consolidation feature has been incredibly valuable. However, I cannot speak to the full range of features and functionalities offered by OneWorld as I am not familiar with all of them. I have utilized OneWorld primarily in the biotech industry, with a focus on operating expenses and financial reporting, such as capital contributions and foreign currency adjustments. I am confident, however, that OneWorld offers a robust module for reporting and consolidating revenue, though I have not had the opportunity to directly utilize this aspect of the software.""The solution could improve by having more integration.""I don’t like the SaaS models. Of course, they make the tool powerful enough to run a billion-dollar business. The tool is cheaper than SAP or Core."

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"It should be built with less complexity and more ability for clients to add screens.""I would like to improve the tool’s budgeting and reporting. I know that Oracle is working on the tool’s analytics part so I expect the analytical feature in its future releases.""Improve support services in the new features roadmap.""The Oracle ERP Cloud accounts payable could be improved.""Oracle ERP Cloud needs to be more mature, especially in terms of some advanced modules, such as manufacturing, supply chain planning, and production.""The database is outdated and quite rigid.""Technical support is good, however, sometimes we do need to wait for an answer.""There are integration issues and a lack of flexibility within OIC. When integrating systems, the process feels rigid and linear."

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Pricing and Cost Advice
  • "Consider the roles of the employees who will use NetSuite and identify any groups who will only utilize the employee center. These licenses are cheaper and will reduce costs significantly."
  • "Measure twice, cut once."
  • "​Good solution for the price, but hire a skilled project manager to handle the technical setup.​"
  • "Do not try to go it alone. Get a consultant who has been there and listens."
  • "NetSuite offers a great many advantages, including a cost of about third of the traditional pharma manufacturing ERP packages."
  • "NetSuite OneWorld is much less expensive for a very small to medium-sized business. Still, when you grow into an enterprise-level company, the price increases, but as long as you plan and know that going in, it's manageable."
  • "NetSuite OneWorld has fair pricing. It was not very expensive, so price-wise, I'm rating it as five out of ten."
  • "NetSuite OneWorld tends to be pricey. The decision to allocate a budget for this solution ultimately rests with the management and negotiating team, and I am not typically included in these discussions. Nonetheless, the information I've received leads me to believe that it is a costly platform. There are not any additional costs that I am aware of."
  • More NetSuite OneWorld Pricing and Cost Advice →

  • "It is too costly."
  • "The solution is expensive and there are some services that are extra costs."
  • "For an ERP Cloud, the pricing is relatively high."
  • "We have an annual license with Oracle, however if we need additional features we do pay for them."
  • "The pricing for Oracle ERP Cloud is on par with other top solutions."
  • "In a developing country such as Bangladesh, Oracle ERP Cloud is expensive compared to on-premise solutions, so the turnover is very low. Customers become more comfortable using on-premise services because of the high subscription costs of Oracle ERP Cloud."
  • "The price of the solution is expensive. There are additional costs associated with this particular case that must be taken into consideration when calculating the overall expense. These costs may include but are not limited to, additional materials, labor, and other miscellaneous expenses that may arise during the course of the project. It is important to note that these additional costs may exceed the initial pricing estimate."
  • "We pay additional costs to a consulting company."
  • More Oracle Fusion Cloud ERP Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:The solution has helped us save money by reducing the number of people needed for delivery, finance, and customer service. We now better understand our stock and purchases, and our sales team can… more »
    Top Answer:The tool is an expensive cloud application. It charges per license. We pay around 50 euros per month for a full user, and for 70 users, we pay around 120,000 euros per year. Maintenance and support… more »
    Top Answer:I hope NetSuite OneWorld introduces features like support for different pricing models, including packaging options, and improved production planning tools in the future.
    Top Answer:The user interface is the best feature.
    Top Answer:I'm not aware of the Oracle Fusion Cloud ERP pricing details because I don't have information about it before deployment.
    Top Answer:The ability to customize must be improved. The tool must enable users to customize the reports.
    Ranking
    15th
    out of 68 in ERP
    Views
    554
    Comparisons
    428
    Reviews
    7
    Average Words per Review
    640
    Rating
    8.5
    2nd
    out of 18 in Cloud ERP
    Views
    2,751
    Comparisons
    2,036
    Reviews
    20
    Average Words per Review
    386
    Rating
    8.3
    Comparisons
    Learn More
    Overview
    A comprehensive web-based solution, NetSuite is the industry's first and only Software-as-a-Service (SaaS) business software that supports your entire company from accounting/enterprise resource planning (ERP) to customer relationship management (CRM), professional services automation (PSA) and eCommerce in a single, integrated and powerful business management software solution.

    Oracle Fusion Cloud ERP offers a complete, innovative, and proven solution for organizations of all sizes. Oracle Fusion Cloud ERP is a comprehensive, modern solution on a single cloud platform that includes built-in industry standards and modern best practices. 

    Oracle Fusion Cloud ERP provides your teams with advanced capabilities, such as AI to automate the manual processes that slow them down, analytics to react to market shifts in real time, and automatic updates to stay current and gain a competitive advantage.

    Designed with scalability in mind, Oracle Fusion Cloud ERP manages core business areas including:

    • Accounting
    • Financial planning and analysis
    • Financial close
    • Revenue recognition
    • Risk management
    • Compliance and governance
    • Procurement
    • Project planning and execution
    • Inventory and supply chain
    • Product lifecycle

    ERP software is the backbone of many organizations and Oracle offers a modern, connected approach combined with the ease and flexibility of the cloud. Oracle Fusion Cloud ERP delivers the functionality, analytics, security, mobile capabilities, and social collaboration tools needed to run a business today.

    Why Customers Choose Oracle Fusion Cloud ERP:

  • Predict, detect, and act on new situations

    No one likes big deltas between forecasts and actuals. Most models though are too limited, relying on sample datasets or just gut feel. Oracle Cloud ERP introduces machine-learning to predictive planning and forecasting so you can utilize broader datasets, reveal hidden bias, uncover significant deviations, and speed your overall response time.

  • Automate and eliminate your manual business processes

    Spend less time compiling data and more time understanding what it tells you. Whether preparing your narrative for the street or assessing potential M&A activity, Oracle Cloud ERP gives your team more time for strategic work by automating the most time-consuming, mundane business processes. With AI, up to 96% of transactions can be automated.

  • Simplify and speed everyday work

    Oracle’s AI-powered digital assistant simplifies and speeds common tasks, allowing you to ask simple questions like “what’s the status of my open purchase requisitions?” and “what reconciliations are due today?” Personalized tasks like invoices or over-budget notifications are delivered to you proactively, so approvals move faster too.

  • Launch new business models, faster

    Staying ahead of customer trends and emerging competitors gets harder every day. With Oracle cloud ERP, it's easier to identify and launch new business models—and monitor results in real time so you can constantly refine your approach. Paired with machine learning insights like customer churn, you'll predict and avoid problems before they can do harm.

  • Sample Customers
    Lovesac, Land O'Lakes, Shaw, Kiva, SRS Acquiom, CommVault, Thomas Baker
    Grupo Aeromexico SAB de CV, Australian Finance Group Ltd., Shelf Drilling Ltd., Boise State University, The Rancon Group, Arin Innovation, PROMATIS software GmbH, KBBO, Delaware Life Insurance, Worthington Industries, Solairus Aviation
    Top Industries
    REVIEWERS
    Energy/Utilities Company29%
    Manufacturing Company29%
    Marketing Services Firm14%
    Construction Company14%
    VISITORS READING REVIEWS
    Computer Software Company15%
    Healthcare Company10%
    Manufacturing Company7%
    Retailer7%
    REVIEWERS
    Computer Software Company29%
    University12%
    Energy/Utilities Company12%
    Financial Services Firm12%
    VISITORS READING REVIEWS
    Educational Organization41%
    Computer Software Company8%
    University6%
    Financial Services Firm5%
    Company Size
    REVIEWERS
    Small Business69%
    Midsize Enterprise15%
    Large Enterprise15%
    VISITORS READING REVIEWS
    Small Business37%
    Midsize Enterprise12%
    Large Enterprise51%
    REVIEWERS
    Small Business39%
    Midsize Enterprise17%
    Large Enterprise44%
    VISITORS READING REVIEWS
    Small Business14%
    Midsize Enterprise46%
    Large Enterprise40%
    Buyer's Guide
    ERP
    April 2024
    Find out what your peers are saying about SAP, Microsoft, Oracle and others in ERP. Updated: April 2024.
    772,277 professionals have used our research since 2012.

    NetSuite OneWorld is ranked 15th in ERP with 14 reviews while Oracle Fusion Cloud ERP is ranked 2nd in Cloud ERP with 35 reviews. NetSuite OneWorld is rated 8.4, while Oracle Fusion Cloud ERP is rated 8.2. The top reviewer of NetSuite OneWorld writes "Customizable with great integration capabilities and very good stability". On the other hand, the top reviewer of Oracle Fusion Cloud ERP writes "Everything can be found in one place and it is all embedded in a single system". NetSuite OneWorld is most compared with NetSuite ERP, SAP Business One, JD Edwards EnterpriseOne and Microsoft Dynamics 365 Business Central, whereas Oracle Fusion Cloud ERP is most compared with NetSuite ERP, SAP S/4HANA, PeopleSoft, JD Edwards EnterpriseOne and SAP Business One.

    We monitor all ERP reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.