NetSuite OneWorld vs Oracle E-Business Suite comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

NetSuite OneWorld
Ranking in ERP
15th
Average Rating
8.4
Number of Reviews
14
Ranking in other categories
No ranking in other categories
Oracle E-Business Suite
Ranking in ERP
5th
Average Rating
7.8
Number of Reviews
141
Ranking in other categories
Field Service Management (1st), Activity Based Costing Software (1st), Benefits Administration (5th), Enterprise Resource Planning for Manufacturing (1st), Product Configuration and Quoting (3rd)
 

Market share comparison

As of June 2024, in the ERP category, the market share of NetSuite OneWorld is 0.3% and it decreased by 38.6% compared to the previous year. The market share of Oracle E-Business Suite is 5.3% and it increased by 10.1% compared to the previous year. It is calculated based on PeerSpot user engagement data.
ERP
Unique Categories:
No other categories found
Field Service Management
25.0%
Activity Based Costing Software
15.5%
 

Featured Reviews

MC
Jan 31, 2023
Useful currency exchange conversions, valuable report insight, and streamlined experience
One aspect of the system that I find frustrating is the inability to return to the vendor profile from an invoice. When I click on an invoice from the vendor profile, and I wish to return to the vendor profile, the back button only displays an error message, causing me to have to start all over again. However, despite this minor inconvenience, I am an enthusiastic user of NetSuite OneWorld. Other systems, such as SaaS, Oracle, and Salesforce are not user-friendly and complex, making them better suited for larger companies. It is important to note that I may be slightly biased toward NetSuite OneWorld. Nevertheless, it is widely used by a majority of companies that go public, including our company before our IPO. This demonstrates the high value and effectiveness of NetSuite OneWorld. Additionally, I have encountered an issue when I enter a journal entry and include the name of the vendor or customer, and save the entry, some of these names may not appear on a general ledger report. This results in blank main fields, which can be inconvenient as I have to go back to the journal entry and manually identify the vendors. Despite these shortcomings, my overall experience with the solution has been favorable. The issue of some names not appearing on the general ledger report could be considered a minor inconvenience, depending on the size of your data set. In our case, it has caused some frustration, and we have even tried to solve this with the help of NetSuite OneWorld consultants in the past, but they couldn't find a solution. They told us that this is just the way things are with NetSuite OneWorld and that it's a zero-entry issue. However, I cannot vouch for the expertise of these consultants, it's possible that there may be another solution. There is one more issue but I am not sure if it's a human error, but when you try to trend balance sheets in NetSuite OneWorld, the balance sheet should be reported under a parent company. However, I've noticed that I cannot run a monthly balance sheet for subsidiary companies or for a consolidated report. This was also an issue in my previous company. I did observe, however, that a public company with only one or two subsidiaries was able to trend its monthly balance sheet under the parent company.
WK
May 11, 2023
Reasonably priced, helps improve workflow, and time efficiency
Our company specializes in implementing Oracle ERP solutions. Our company has worked with specific customers in the telecommunications industry, some of whom were looking to replace their existing systems. For those with technical needs, we were able to provide effective solutions, and in one…

Quotes from Members

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

Pros

"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."
"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."
"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 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."
"Inventory management in NetSuite OneWorld is one of the best in the industry, so this feature is what I like most about 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."
"NetSuite is a great solution, fast to bring up and makes everyone's life easier."
"The most valuable features are the financial-related capabilities."
"Has good dashboard and drill-down features."
"Oracle EBS provides the customer with faster financial closing because of its accurate calculations."
"It can easily be developed into an application."
"Rapidly implement jobs, positions, grades, and steps within setup of organizational structure."
"Oracle's technical support is better than others."
"E-Business Suite's best features are the standard process, the table dictionary, and the ability to work with the SQL language to correlate data."
"The most valuable feature of Oracle E-Business Suite is the customization."
 

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."
"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."
"The solution could improve by having more integration."
"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."
"Some entities are not available for multiple subsidiaries, which requires duplication."
"The Project Management User Interface is lacking."
"Currently, NetSuite OneWorld needs to be more mature, especially compared to SAP."
"Movement of CIP Inventory cannot be monitored in Inventory module when we are using the CIP Account or movement of CIP Inventory in Asset module, which is not flexible like Inventory module."
"It would be nice to have more web services."
"E-Business Suite's user experience and interface could be improved."
"In the future, Oracle E-Business Suite could improve by having a better UI. Competitors are providing much better interfaces."
"The interface is pretty old."
"The user interface could be better. It's not good because they made their interface all in one, and my customers don't want to use it. I have to customize the interface and personalize it to hide some fields on the screen. It has lots of information on the screen, and the user can't easily navigate it. It's very difficult to use. I think that Oracle should have something like best practices. They need to provide some patches to simplify the interface based on the industry niche. Because now we see everything on the same screen, but the users don't need all that information. It's complicated to use for end-users, and we have to spend more time training them. In the next release, I think they should implement most of the features in the mobile app. It should be better. Oracle didn't update their mobile application for a very long time. Connecting the mobile application is complicated."
"Improvements could be made in mobility for mobile applications or tablets."
"The way things are going, Oracle is not putting much effort into their master data management. They need to look into machine data and then the integrated data domain."
 

Pricing and Cost Advice

"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."
"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."
"NetSuite OneWorld has fair pricing. It was not very expensive, so price-wise, I'm rating it as five out of ten."
"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 tool is cheaper than SAP or Cor"
"​Good solution for the price, but hire a skilled project manager to handle the technical setup.​"
"The tool is an expensive cloud application. It charges per license. We pay around 50 euros per month for a full user, and for 70 users, we pay around 120,000 euros per year. Maintenance and support are included in the full cloud license."
"Measure twice, cut once."
"NetSuite offers a great many advantages, including a cost of about third of the traditional pharma manufacturing ERP packages."
"It costs too much."
"The licensing cost of Oracle E-Business Suite is quite competitive. It's quite flexible, so it can be adapted to the requirements of my company. For confidentiality purposes, I'm unable to disclose how much Oracle E-Business Suite costs, but I'm rating its cost as eight out of ten."
"The pricing is high."
"This is a highly-priced application and would not be affordable for small or medium business domains."
"There is an annual licensing fee and you are able to add features depending on the scope of the environment."
"Whatever the products you use, you'll be paying a yearly maintenance price or a support price."
"Licensing and costing of Oracle EBS is very complex. We recommend to use a system integrator during the negotiation process since Oracle sales representatives sometime do not know the actual minimum requirements and may oversell the necessary licenses through ignorance."
"I have found the solution overall to be expensive. There are additional fees on top of the standard license."
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Top Industries

By visitors reading reviews
Computer Software Company
15%
Healthcare Company
10%
Manufacturing Company
7%
Retailer
7%
Educational Organization
58%
Computer Software Company
6%
Manufacturing Company
5%
Financial Services Firm
4%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

What do you like most about NetSuite OneWorld?
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 a...
What is your experience regarding pricing and costs for NetSuite OneWorld?
The tool is an expensive cloud application. It charges per license. We pay around 50 euros per month for a full user, and for 70 users, we pay around 120,000 euros per year. Maintenance and support...
What needs improvement with NetSuite OneWorld?
I hope NetSuite OneWorld introduces features like support for different pricing models, including packaging options, and improved production planning tools in the future.
What do you like most about Oracle E-Business Suite?
It was very easy to integrate the product into our existing infrastructure.
What is your experience regarding pricing and costs for Oracle E-Business Suite?
Oracle generally gives a lot of discounts. If we get discounts, the tool will not be costly. It will cost less than S/4HANA. The product might cost the same as Microsoft Dynamics. The cost is based...
What needs improvement with Oracle E-Business Suite?
We find challenges in the manufacturing modules. The users feel that the product is not user-friendly. Continuous manufacturing is very complex. We must automate the whole manufacturing process cyc...
 

Also Known As

No data available
Oracle EBS, OEBS
 

Learn More

 

Overview

 

Sample Customers

Lovesac, Land O'Lakes, Shaw, Kiva, SRS Acquiom, CommVault, Thomas Baker
Colab, Portobello, Saudi Telecom Company, DG Khan Cement, Dubai Holding
Find out what your peers are saying about NetSuite OneWorld vs. Oracle E-Business Suite and other solutions. Updated: May 2024.
787,061 professionals have used our research since 2012.