We performed a comparison between NetSuite ERP and NetSuite OneWorld based on real PeerSpot user reviews.
Find out what your peers are saying about NetSuite, Oracle, SAP and others in Cloud ERP."I have found there to be many features, such as manufacturing, accounting, financials, inventory, and purchasing."
"NetSuite is a better value than some competing solutions. The fee structure is simpler, and other ERP solutions don't offer as many options for configuration."
"It is a very solid product for finance and procure-to-pay processes."
"NetSuite ERP has dramatically improved our organization. We went from QuickBooks to NetSuite. You can compare this transition to changing from tennis shoes to a flying car."
"The user interface is very good."
"I like the ease of setup and customization of forms."
"NetSuite ERP is good for a trading company that involves buying and selling."
"The most valuable aspect of NetSuite ERP is the multi-subsidiary portion, it is the strongest across all the other ERPs. If you want to do consolidations, it works a lot better than other tools."
"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."
"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."
"Allows us to use it the way we need to instead of changing our needs and processes to fit the product."
"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."
"Embedded business intelligence is a valuable feature. There is also no need to wait for extract functions, and each transaction is reflected in the system dashboards in real time."
"The executive dashboards have satisfied the founders and leadership with up to the minute information. This allows them to make high level decisions."
"NetSuite is a great solution, fast to bring up and makes everyone's life easier."
"The pricing is high."
"The solution could be more stable."
"If you do go through an implementor, you need to be careful that they are actual implementors and not just resellers."
"An area for improvement in NetSuite ERP is its accounting functionality because it has certain limitations. You can't maintain sub-ledgers or post accrued expenses in sub-ledger forms, so you'll need to post in journals. The pricing is another area that can be improved in NetSuite ERP because the pricing was lower when it wasn't part of Oracle, but after Oracle acquired Netsuite and NetSuite ERP was offered as a cloud service, the price went up."
"It would be great if they offered localization for Central America."
"NetSuite ERP's UI could be improved. There are some features that are very complex that do not have to be. There are some aspects of the solution that could be simplified and this can include the documentation. Since it's a very complex tool, you expect to have great detailed documentation to help you implement it."
"Many features such as local taxation and fund management are not there yet."
"The solution's initial setup process was complex."
"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."
"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."
"Currently, NetSuite OneWorld needs to be more mature, especially compared to SAP."
"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."
"The Project Management User Interface is lacking."
"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."
"Needs time entry for billable employees."
NetSuite ERP is ranked 1st in Cloud ERP with 32 reviews while NetSuite OneWorld is ranked 14th in ERP with 13 reviews. NetSuite ERP is rated 7.8, while NetSuite OneWorld is rated 8.4. The top reviewer of NetSuite ERP writes "Carries a broad range of applications, specifically in the field services area". On the other hand, the top reviewer of NetSuite OneWorld writes "Customizable with great integration capabilities and very good stability". NetSuite ERP is most compared with Oracle Fusion Cloud ERP, SAP S/4HANA, Oracle E-Business Suite, Anaplan and IBM Maximo, whereas NetSuite OneWorld is most compared with SAP Business One, Microsoft Dynamics 365 Business Central, JD Edwards EnterpriseOne and SAP S/4HANA.
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