NetSuite OneWorld vs PeopleSoft comparison

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554 views|428 comparisons
93% willing to recommend
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86% willing to recommend
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Executive Summary

We performed a comparison between NetSuite OneWorld and PeopleSoft based on real PeerSpot user reviews.

Find out in this report how the two ERP solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI.
To learn more, read our detailed NetSuite OneWorld vs. PeopleSoft Report (Updated: May 2024).
770,141 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
"The solution is user-friendly and flexible.""Lowers costs, produces higher efficiencies, while maintaining a leaner staff and produces advanced financials.""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.""Utilizes best practices that are simple to implement.""NetSuite is a great solution, fast to bring up and makes everyone's life easier.""Allows us to use it the way we need to instead of changing our needs and processes to fit the product.""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 access information without constantly communicating with delivery.""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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"It's very fully featured. It has more features and more configurability than SAP.""The most valuable feature of the solution is its stability.""The most valuable feature for us is the integration between the HR Payroll and Financials modules""The PeopleSoft interface is very good.""The feature that I have found most valuable is having the sources so that you're able to adapt the product to your needs. That was a big benefit.""The synchronization of business processes, and the software, streamlined the shared service departments to run 40% leaner.""The time system is what we get the most benefit from.""PeopleSoft is easy to understand, where any end user that is logged in can easily navigate through the menus."

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Cons
"Some entities are not available for multiple subsidiaries, which requires duplication.""Needs time entry for billable employees.""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.""Currently, NetSuite OneWorld needs to be more mature, especially compared to SAP.""In NetSuite OneWorld, what needs improvement is the production planning functionality.""There is not a 20 year pedigree of pharma experience in the NetSuite channel. While there are many of these CMO Pharma companies rapidly moving to NetSuite, there are few consultants with true pharma experience. Those who have experience are stretched pretty thin.""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.""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."

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"PeopleSoft could improve by being more user-friendly. It's somewhat awkward to navigate.""The area that could be improved is the upgrade process, it's not the easiest. Oracle stopped supporting our version. So we have to move either to the cloud or work in a non-supported situation. That was certainly a disadvantage. That's also the reason why we decided not to stay with Oracle. Now we are moving to SAP.""The solution could have better processes and automation, or features that allow for a paperless environment.""Areas that need improvement are the add-ons to the fluid pages and additional features in SCM and finance, both functionally and technically.""I'd like PeopleSoft to be like on the cloud and more mobile-friendly. If I try to access it from a cell phone, it's a bit difficult, so it would be great if PeopleSoft could improve these features.""This solution could be improved by lowering the cost of support.""If there is another release, they should look at going to mobile computing to stay competitive.""On the other hand, the more recent push for standardization precludes customized approaches to certain industry requirements."

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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 →

  • "Check all options before a decision is made."
  • "It's approximately $3,000,000 to $4,000,000 USD per year."
  • "The licensing cost for PeopleSoft is 3,500 per course and the annual subscription fee is 6,500."
  • "I don't know if they are still providing licenses or if they have suspending licenses."
  • "There are no additional costs for licensing."
  • "We are a University and the cost and license are negotiated privately."
  • "The main issue we have with the solution is that it is very expensive."
  • "One of the cheapest solutions available and also one of the best."
  • More PeopleSoft Pricing and Cost Advice →

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    Questions from the Community
    Top Answer: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… more »
    Top Answer:I would rate the pricing of the solution somewhere around six or seven out of ten. I don’t like the SaaS models. Of course, they make the tool powerful enough to run a billion-dollar business. The… more »
    Top Answer: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… more »
    Top Answer:Although both are solutions to manage HR, their differences make each one suitable for different companies Oracle Cloud HCM is a platform for connecting all human resource processes in your… more »
    Top Answer:I use the reporting feature occasionally to check for potential improvements in timesheets. We have integrated it with Power BI.
    Ranking
    14th
    out of 69 in ERP
    Views
    554
    Comparisons
    428
    Reviews
    7
    Average Words per Review
    686
    Rating
    8.5
    12th
    out of 69 in ERP
    Views
    2,835
    Comparisons
    2,455
    Reviews
    16
    Average Words per Review
    484
    Rating
    7.9
    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.

    PeopleSoft is an ERP solution that provides businesses with tools for managing their entire workforce including human resources and financial operations, such as payroll, benefits, talent management, and supply chain management. Originally developed by PeopleSoft, Inc., and later acquired by Oracle Corporation, the software helps address talent management needs and maximize employee productivity and efficiency.

    PeopleSoft Features

    PeopleSoft has many valuable key features. Some of the most useful ones include:


    • Simple and intuitive: PeopleSoft HCM delivers a clean, consistent, and user-friendly design, resulting in greater user satisfaction that leads to higher adoption without the high cost of training employees.


    • Anywhere, anytime mobility: With mobile devices being such an integral part of today’s modern work life, PeopleSoft offers today’s mobile and wireless managers and employees an effective and secure method for accessing the information they need, with the ability to effectively execute HR transactions from anywhere, at any time.


    • Flexible and configurable: PeopleSoft enables you to leverage a single application optimized for all form factors that works on any mobile device – no need for separate applications for mobile and desktop.


    • Robust: Because the solution is robust, you can use it to increase retention and improve employee engagement.


    • Powerful and actionable, embedded analytics: PeopleSoft’s actionable, embedded analytics help you spend less time gathering data and more time analyzing and executing employee data.



    PeopleSoft Benefits

    There are many benefits to implementing PeopleSoft. Some of the biggest advantages the solution offers include:


    • Greater employee satisfaction: Users will find PeopleSoft’s software easy to use, leading to better productivity levels and also increased employee satisfaction.


    • Manage dynamic workforce: The solution provides secure access to employee information so users can manage essential HR functions effectively.


    • Increased administrator productivity: PeopleSoft empowers employees and managers by enabling them to execute common HR tasks so administrators can focus on other top priorities.


    • Quickly make informed decisions: By using PeopleSoft’s embedded, real-time, multidimensional analysis capabilities, users can make more informed business decisions.


    Reviews from Real Users

    PeopleSoft is a solution that stands out when compared to many of its competitors. Some of its major advantages are that it has a lot of functionality and is customizable.

    A Regional Director at a tech services company mentions, “The most valuable feature is that it's wide and broad and it does about everything anybody needs in a major organization from a back-office systems point of view.”

    "PeopleSoft is a good core system. It has a lot of functionality. "They frequently update the solution and recently they have added some good enhancement features for higher education. We just switched to the new fluid interface and that is working very well for us. It is very good," says another reviewer who is an HR/Pay Systems Administrator/Director at a university.


    A Senior Manager for DevOps Infrastructure at a financial services firm, explains why he finds the solution so beneficial: "It is a customizable product. We can customize it based on our needs, which is one of the features that I like about PeopleSoft. As far as financial accounting is concerned, the user interface is very good. You can also configure a Chart of Accounts for all performance insights."

    Sample Customers
    Lovesac, Land O'Lakes, Shaw, Kiva, SRS Acquiom, CommVault, Thomas Baker
    BMI Healthcare, Lone Star College System, Jefferson County Public Schools, Griffith University, Los Rios Community College District, Tervita Corporation, INFRA S.A. de C.V., ICF Habitat, Central Washington University, Tech Mahindra Limited, Cognizant Technology Solutions, Stanford Childrens Health
    Top Industries
    REVIEWERS
    Energy/Utilities Company29%
    Manufacturing Company29%
    Marketing Services Firm14%
    Construction Company14%
    VISITORS READING REVIEWS
    Computer Software Company16%
    Healthcare Company10%
    Manufacturing Company8%
    Retailer7%
    REVIEWERS
    University12%
    Manufacturing Company10%
    Financial Services Firm10%
    Computer Software Company10%
    VISITORS READING REVIEWS
    Computer Software Company11%
    Financial Services Firm10%
    Government9%
    University9%
    Company Size
    REVIEWERS
    Small Business69%
    Midsize Enterprise15%
    Large Enterprise15%
    VISITORS READING REVIEWS
    Small Business38%
    Midsize Enterprise12%
    Large Enterprise51%
    REVIEWERS
    Small Business26%
    Midsize Enterprise18%
    Large Enterprise55%
    VISITORS READING REVIEWS
    Small Business17%
    Midsize Enterprise13%
    Large Enterprise71%
    Buyer's Guide
    NetSuite OneWorld vs. PeopleSoft
    May 2024
    Find out what your peers are saying about NetSuite OneWorld vs. PeopleSoft and other solutions. Updated: May 2024.
    770,141 professionals have used our research since 2012.

    NetSuite OneWorld is ranked 14th in ERP with 14 reviews while PeopleSoft is ranked 12th in ERP with 80 reviews. NetSuite OneWorld is rated 8.4, while PeopleSoft is rated 8.0. The top reviewer of NetSuite OneWorld writes "Customizable with great integration capabilities and very good stability". On the other hand, the top reviewer of PeopleSoft writes "Comprehensive solution for SCM but requires add-ons for fluid pages". NetSuite OneWorld is most compared with NetSuite ERP, SAP Business One, JD Edwards EnterpriseOne and Microsoft Dynamics 365 Business Central, whereas PeopleSoft is most compared with Oracle HCM Cloud, Workday, Oracle Fusion Cloud ERP, SAP SuccessFactors and SAP ERP. See our NetSuite OneWorld vs. PeopleSoft report.

    See our list of best ERP vendors.

    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.