Compare NetSuite ERP vs. NetSuite OneWorld

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NetSuite ERP Logo
4,563 views|3,668 comparisons
NetSuite OneWorld Logo
762 views|395 comparisons
Top Review
Find out what your peers are saying about NetSuite ERP vs. NetSuite OneWorld and other solutions. Updated: September 2021.
536,114 professionals have used our research since 2012.
Quotes From Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Pros
"I would say that the solution is highly configurable.""The user interface is very good.""The most valuable feature in NetSuite ERP is the user interface.""The most valuable feature is that it works according to how the Internet works.""The project management aspect and the timesheets are valuable, especially for ensuring that our milestone billings are automated properly. From a manufacturing perspective, it is more to do with the entire management of the inventory, the overall finance, consolidation of books of accounts, and managing the profit and loss in a more effective manner.""It's integrated into everything well so you can navigate and use it in a very simple way."

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"NetSuite is a great solution, fast to bring up and makes everyone's life easier.""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."

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Cons
"In terms of the main improvement to NetSuite is the talent itself. It's grown so fast and there are about 25,000 companies running on it, and it's a relatively newer system compared to other competitors. It's growing so fast that the talent base in the partner organization (there's about 200 of them), is pretty thin.""Some of the features around the payroll and payroll taxes and management of that are lacking. We had to outsource some of that because we found that the functionality isn't there.""It would be great if they offered localization for Central America.""What needs to be improved is the development in the other areas and other businesses that can use NetSuite.""There is a lot of room for improvement. Multiple manufacturing features need to be updated on NetSuite. More functionalities need to be added. I think there are a lot of functionalities coming out for warehouse management systems and manufacturing automation via advanced manufacturing functionalities. I think they need to improve a little more on those aspects and make it easier on the scheduling aspect.""If you do go through an implementor, you need to be careful that they are actual implementors and not just resellers."

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"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.""If you were to use standard costs, it doesn't handle standard costs well."

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Pricing and Cost Advice
"When people buy ERP, it's a competitive situation and the pricing is paramount.""It is completely on a subscription basis. We pay yearly and, and you do not have to do anything on a monthly basis. Prices depend on the organization's scale and all those things, but they are doing a good job with the pricing."

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"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."

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Questions from the Community
Top Answer: The project management aspect and the timesheets are valuable, especially for ensuring that our milestone billings are automated properly. From a manufacturing perspective, it is more to do with the… more »
Top Answer: It is completely on a subscription basis. We pay yearly and, and you do not have to do anything on a monthly basis. Prices depend on the organization's scale and all those things, but they are doing a… more »
Top Answer: There is a lot of room for improvement. Multiple manufacturing features need to be updated on NetSuite. More functionalities need to be added. I think there are a lot of functionalities coming out for… more »
Top Answer: The financial consolidation between companies and the accounting closing are wonderful features you can be obtained Financial Statements in real-time
Top Answer: It's a bit pricey. It's probably at the higher end. I wouldn't say it's exorbitantly expensive, however, it's not inexpensive. It's certainly higher priced than Acumatica. We felt, for what we wanted… more »
Top Answer: There are different inventory evaluation methods that you can use with NetSuite. It natively does average costs all the time. It does that just fine, however, if you were to use standard costs, it… more »
Ranking
2nd
out of 13 in Cloud ERP
Views
4,563
Comparisons
3,668
Reviews
4
Average Words per Review
2,076
Rating
8.8
10th
out of 54 in ERP
Views
762
Comparisons
395
Reviews
4
Average Words per Review
1,219
Rating
9.0
Comparisons
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Overview
Global ERP NetSuite OneWorld Allows Companies to Manage Back Office Operations Globally AND Locally. NetSuite OneWorld addresses the complex multi-national and multi-company needs of mid-market organizations. Enable businesses to adjust for currency, taxation and legal compliance differences at the local level, with regional and global business consolidation and roll-up. Get unprecedented visibility of your business worldwide in real time, ensuring consistent, compliant management across the organization, locally and globally. NetSuite OneWorld can populate a single charts-of-accounts across subsidiaries, or use separate charts-of-accounts for each company with postings between subsidiaries such as expense allocation managed via inter-company journals. Local taxes are readily handled across subsidiaries with an embedded tax engine that allows for multiple tax schedules for everything from GST, to VAT, to consumption tax or general sales tax. Revenue recognition, local financial reporting and compliance are also built-in components. And OneWorld allows for global order management and sourcing with the ability to manage inventory and fulfillment across multiple locations with product items represented globally or on a per subsidiary basis.
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.
Offer
Learn more about NetSuite ERP
Learn more about NetSuite OneWorld
Sample Customers
2Pure, Accuvant, Actian, Adtegrity, Advantage Sign Supply, All-Safe Pool Safety Products, Alton Lane, AMC Liquidators
Lovesac, Land O'Lakes, Shaw, Kiva, SRS Acquiom, CommVault, Thomas Baker
Top Industries
VISITORS READING REVIEWS
Computer Software Company37%
Comms Service Provider17%
Educational Organization5%
Healthcare Company4%
VISITORS READING REVIEWS
Computer Software Company27%
Comms Service Provider15%
Educational Organization6%
Legal Firm6%
Company Size
REVIEWERS
Small Business65%
Midsize Enterprise18%
Large Enterprise18%
REVIEWERS
Small Business71%
Midsize Enterprise14%
Large Enterprise14%

NetSuite ERP is ranked 2nd in Cloud ERP with 6 reviews while NetSuite OneWorld is ranked 10th in ERP with 4 reviews. NetSuite ERP is rated 9.0, while NetSuite OneWorld is rated 9.0. 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 ERP Cloud, SAP S4HANA, Oracle E-Business Suite, JD Edwards EnterpriseOne and PeopleSoft, whereas NetSuite OneWorld is most compared with JD Edwards EnterpriseOne, Oracle E-Business Suite, SAP Business One, SAP S4HANA and JD Edwards World.

We monitor all Cloud 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.