IQMS Enterprise IQ vs NetSuite OneWorld comparison

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705 views|364 comparisons
100% willing to recommend
NetSuite Logo
581 views|451 comparisons
92% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between IQMS Enterprise IQ and NetSuite OneWorld 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).
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Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"This solution has all of the features you need: sales, distribution, supply chain. It has logistics and production management capabilities. It has so many modules, which were integrated using our expertise."

More IQMS Enterprise IQ Pros →

"The solution is scalable.""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 is user-friendly and flexible.""Inventory management in NetSuite OneWorld is one of the best in the industry, so this feature is what I like most about the solution.""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.""Utilizes best practices that are simple to implement.""Allows us to use it the way we need to instead of changing our needs and processes to fit the product.""Lowers costs, produces higher efficiencies, while maintaining a leaner staff and produces advanced financials."

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Cons
"Setup is very complex."

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"Currently, NetSuite OneWorld needs to be more mature, especially compared to SAP.""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.""The solution could improve by having more integration.""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.""If you were to use standard costs, it doesn't handle standard costs well.""In NetSuite OneWorld, what needs improvement is the production planning functionality.""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."

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Pricing and Cost Advice
  • "We paid about 20% with the purchase order. Six months later, we paid another 20%, and then another 20% after another six months. We paid the remaining 40% after 18 months."
  • More IQMS Enterprise IQ 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 →

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    Questions from the Community
    Top Answer:This solution has all of the features you need: sales, distribution, supply chain. It has logistics and production management capabilities. It has so many modules, which were integrated using our… more »
    Top Answer:We paid about 20% with the purchase order. Six months later, we paid another 20%, and then another 20% after another six months. We paid the remaining 40% after 18 months.
    Top Answer:This solution has all of the features you need: sales, distribution, supply chain. It has logistics and production management capabilities. It has so many modules, which were integrated using our… more »
    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 »
    Ranking
    22nd
    out of 68 in ERP
    Views
    705
    Comparisons
    364
    Reviews
    1
    Average Words per Review
    472
    Rating
    8.0
    14th
    out of 68 in ERP
    Views
    581
    Comparisons
    451
    Reviews
    7
    Average Words per Review
    686
    Rating
    8.5
    Comparisons
    Also Known As
    Enterprise IQ
    Learn More
    IQMS
    Video Not Available
    Overview
    IQMS provides manufacturers with a reliable, real-time Enterprise Resource Planning (ERP) software developed especially for manufacturing processes. Whether you are a small, single plant manufacturer or a large multi-plant, global manufacturer, IQMS has a manufacturing-specific ERP solution to fit your needs. Due to the comprehensive nature of the system, the EnterpriseIQ ERP Software solution becomes the backbone for manufacturers to monitor, track, trace and communicate business and manufacturing activities and data throughout the supply chain faster than any other software on the market today. The scalable, modular architecture of EnterpriseIQ provides manufacturers the flexibility to take advantage of more advanced ERP software and manufacturing software features and functionality when needed.
    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.
    Sample Customers
    Poly-Cast, Custom Profile, Nicolet Plastics, Double H Plastics Inc., Network Plymers, Load Trail, Mar-Bal Inc., Donnelly, Steinwall Scientific, Nissen Chemitec America, Miniature Precision Components
    Lovesac, Land O'Lakes, Shaw, Kiva, SRS Acquiom, CommVault, Thomas Baker
    Top Industries
    VISITORS READING REVIEWS
    Healthcare Company14%
    Manufacturing Company13%
    Computer Software Company11%
    Construction Company8%
    REVIEWERS
    Energy/Utilities Company29%
    Manufacturing Company29%
    Marketing Services Firm14%
    Construction Company14%
    VISITORS READING REVIEWS
    Computer Software Company16%
    Healthcare Company10%
    Manufacturing Company9%
    Retailer7%
    Company Size
    VISITORS READING REVIEWS
    Small Business34%
    Midsize Enterprise18%
    Large Enterprise48%
    REVIEWERS
    Small Business69%
    Midsize Enterprise15%
    Large Enterprise15%
    VISITORS READING REVIEWS
    Small Business38%
    Midsize Enterprise12%
    Large Enterprise50%
    Buyer's Guide
    ERP
    April 2024
    Find out what your peers are saying about SAP, Microsoft, Oracle and others in ERP. Updated: April 2024.
    768,740 professionals have used our research since 2012.

    IQMS Enterprise IQ is ranked 22nd in ERP with 1 review while NetSuite OneWorld is ranked 14th in ERP with 13 reviews. IQMS Enterprise IQ is rated 8.0, while NetSuite OneWorld is rated 8.4. The top reviewer of IQMS Enterprise IQ writes "Allows customization for production and has good sales, distribution, and quality management features". On the other hand, the top reviewer of NetSuite OneWorld writes "Customizable with great integration capabilities and very good stability". IQMS Enterprise IQ is most compared with SAP ERP, Oracle E-Business Suite, Microsoft Dynamics 365 Business Central, JD Edwards EnterpriseOne and Epicor ERP, whereas NetSuite OneWorld is most compared with NetSuite ERP, SAP Business One, Microsoft Dynamics 365 Business Central, JD Edwards EnterpriseOne and SAP S/4HANA.

    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.