NetSuite OneWorld vs SAP S/4HANA Cloud comparison

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Executive Summary

We performed a comparison between NetSuite OneWorld and SAP S/4HANA Cloud based on real PeerSpot user reviews.

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To learn more, read our detailed ERP Report (Updated: March 2024).
765,234 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.""Utilizes best practices that are simple to implement.""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.""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.""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.""NetSuite is a great solution, fast to bring up and makes everyone's life easier.""Inventory management in NetSuite OneWorld is one of the best in the industry, so this feature is what I like most about the solution."

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"The guidance SAP offers for implementing the product is clear and the online resources are great.""The solution is versatile with various integrated tools such as connecting with finance modules, controlling parameters, and creating universal journals.""The reporting that we are doing from SAP S/4HANA Cloud is a valuable feature.""With the newer update, there are more funnels as well as ample opportunity to customize the solution. With the SAP Optimizer, companies are using about five to ten percent of the product as-is while the other ninety to ninety five percent is customized to automate and standardize processes.""The solution is stable.""The solution links everything and allows us to integrate into our entire supply chain.""The most valuable features of SAP S/4HANA Cloud are the detailed solution costing, integration, and built-in analytics.""The integration is very stable."

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Cons
"In NetSuite OneWorld, what needs improvement is the production planning functionality.""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.""Some entities are not available for multiple subsidiaries, which requires duplication.""Currently, NetSuite OneWorld needs to be more mature, especially compared to SAP.""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.""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.""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.""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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"The solution is expensive. That can be an issue for clients.""The product can be improved by including a module for after-sales service modules.""Integrating SAP with other products like payroll solutions should be smoother. I wish there were some tools a consultant could build according to the client's requirements. For example, say I want to process debit and credits. In SAP, we have to follow SAP terminologies and patterns. I need a template to deploy my structure according to the client's requirements. There is no structure available in SAP that a consultant can mold.""S/4HANA isn't ideal for managing contracts and subscriptions. There isn't a feature to notify us when a contract for a service we need is approaching its end or a product is no longer supported. You need a separate solution for that.""It's a huge software, and they need to make it look less complex and more user friendly. They need to work on user stories and user experiences.""The solution's speed and dashboard could be improved.""The user experience has some room for improvement. S/4HANA covers various scenarios based on the best business practices, but users complain about its user experience. It is not a user-friendly ERP solution. I rate the current UX seven out of 10.""I would like to see a feature where it allows integration with more platforms."

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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 →

  • "The pricing is competitive with other products at that level in that category."
  • "I feel the solution is expensive when it comes to what can be obtained with open source software."
  • "This is a pricey solution that best serves large enterprises. Be sure to ensure that your company's requirements need to be fulfilled by SAP. There are many other ERP's that are cheaper yet highly functional. However, it is still cheaper than some of the competition (i.e. Oracle, ESD, etc.)"
  • "I don't remember the specifics about the licensing, but it's scaled and modular. You pay for what you use. It's not a one-size-fits-all license. You have a license for every single module. It's similar to Oracle."
  • "The licensing process for SAP S/4HANA Cloud has worked well."
  • "It's very expensive."
  • "Pricing wise, SAP S4HANA Cloud is very expensive. The licensing cost can be 100,000 euros per year, depending on the number of users in your company."
  • "S/4HANA is an enterprise solution that many can't afford. You must invest a lot to get the most out of it. It isn't cheap. I rate the price seven out of 10."
  • More SAP S/4HANA Cloud 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 »
    Ranking
    15th
    out of 66 in ERP
    Views
    609
    Comparisons
    474
    Reviews
    7
    Average Words per Review
    686
    Rating
    8.5
    3rd
    out of 18 in Cloud ERP
    Views
    2,435
    Comparisons
    1,236
    Reviews
    30
    Average Words per Review
    428
    Rating
    7.9
    Comparisons
    Also Known As
    SAP S4HANA Cloud
    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.

    SAP S/4HANA stands for SAP Suite 4 HANA. It is a next-generation integrated enterprise resource planning (ERP) software that is designed for businesses of all sizes, in all industries, that require deep and broad functionality combined with a high degree of flexibility. SAP S/4HANA was launched in 2015 and been adopted by more than 3,200 customers over a period of sixteen months. SAP S/4HANA is materially different from anything SAP has done before and represents the company’s biggest innovation since SAP R/3.

    SAP S/4HANA is intended to provide a digital core for an organization. It is fully architected for the most advanced in-memory platform, SAP HANA, and is designed on the most modern design principles with the SAP Fiori user experience to create a personalized and simple feel on users’ device of choice (tablet, laptop, mobile). SAP S/4HANA aims to simplify an organizations’ system landscape and reduce total cost of ownership by shrinking the data footprint while at the same time improving productivity levels in the form of higher throughput. Timelines for cloud deployments average around six months.

    SAP S/4HANA is designed to drive business innovation by connecting people, devices, and business networks in real time to support the development of new business models. It will also help accelerate the adoption of, and connection to, the Internet of Things and Big Data. SAP S/4HANA can analyze big data at unprecedented speed allowing users to access real-time information from anywhere, any way they’d like and thus help managers make truly insightful decisions. The simplified data model allows customers to reimagine their IT, helping to drive lower costs and deliver IT efficiency. This, coupled with the SAP S/4HANA prediction and simulation capabilities allow it to anticipate the impact of business outcomes. By doing all the above, SAP S/4HANA aims to provide ultimate sophistication in the simplest possible manner.

    To learn more about SAP S/4HANA, visit http://go.sap.com/product/enterprise-management/s4hana-erp.html

    Sample Customers
    Lovesac, Land O'Lakes, Shaw, Kiva, SRS Acquiom, CommVault, Thomas Baker
    La Trobe University, Carrefour Comércio e Indústria Ltda, Delaware Consulting and Corning Inc.
    Top Industries
    VISITORS READING REVIEWS
    Computer Software Company16%
    Healthcare Company9%
    Manufacturing Company8%
    Financial Services Firm7%
    REVIEWERS
    Manufacturing Company41%
    Computer Software Company23%
    University14%
    Energy/Utilities Company9%
    VISITORS READING REVIEWS
    Computer Software Company15%
    Manufacturing Company9%
    Government8%
    Educational Organization7%
    Company Size
    REVIEWERS
    Small Business67%
    Midsize Enterprise17%
    Large Enterprise17%
    VISITORS READING REVIEWS
    Small Business39%
    Midsize Enterprise12%
    Large Enterprise49%
    REVIEWERS
    Small Business36%
    Midsize Enterprise11%
    Large Enterprise53%
    VISITORS READING REVIEWS
    Small Business26%
    Midsize Enterprise16%
    Large Enterprise58%
    Buyer's Guide
    ERP
    March 2024
    Find out what your peers are saying about SAP, Microsoft, Oracle and others in ERP. Updated: March 2024.
    765,234 professionals have used our research since 2012.

    NetSuite OneWorld is ranked 15th in ERP with 13 reviews while SAP S/4HANA Cloud is ranked 3rd in Cloud ERP with 41 reviews. NetSuite OneWorld is rated 8.4, while SAP S/4HANA Cloud 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 SAP S/4HANA Cloud writes "A valuable tool for businesses seeking to enhance their overall performance and competitiveness in the digital era". NetSuite OneWorld is most compared with NetSuite ERP, SAP Business One, JD Edwards EnterpriseOne, Microsoft Dynamics 365 Business Central and SAP S/4HANA, whereas SAP S/4HANA Cloud is most compared with SAP Business ByDesign, SAP Business One, Oracle Fusion Cloud ERP, IFS Cloud Platform and Oracle E-Business Suite.

    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.