ERPNext vs NetSuite OneWorld comparison

Tridots Tech and NetSuite are both solutions in the ERP category. Tridots Tech is ranked #18 with an average rating of 8.0, while NetSuite is ranked #22 with an average rating of 8.0. Tridots Tech holds a 0.9% mindshare in ERP, compared to NetSuite’s 0.3% mindshare. Additionally, 100% of Tridots Tech users are willing to recommend the solution, compared to 93% of NetSuite users who would recommend it.

ERPNext

Read 2 ERPNext reviews

626 Views
485 Comparison Views

100% willing to recommend

NetSuite OneWorld

Read 15 NetSuite OneWorld reviews

258 Views
210 Comparison Views

93% willing to recommend

ERPNext

NetSuite OneWorld

Comparison Buyer's Guide

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Executive SummaryUpdated on Nov 3, 2024

NetSuite OneWorld and ERPNext are cloud-based ERP solutions competing in the enterprise resource planning software market. NetSuite OneWorld leads in global business management, while ERPNext is preferred for its flexibility and cost-effectiveness.

Features: NetSuite OneWorld offers advanced global financial management, supporting multi-currency and tax compliance for multinational operations. It integrates comprehensive CRM and HR modules, and provides robust compliance for large enterprises. ERPNext allows extensive customization with its modular structure, supporting scalable CRM, HR, and manufacturing modules. Its open-source framework enables adaptability for smaller businesses needing flexibility.

Ease of Deployment and Customer Service: NetSuite OneWorld ensures a streamlined deployment with professional support and training, suitable for complex organizational structures. It benefits from strong guidance through its dedicated support. ERPNext, as a SaaS model, can be deployed easily but relies on community assistance, requiring more client involvement. While NetSuite offers more structured support, ERPNext's deployment benefits technically savvy teams.

Pricing and ROI: NetSuite OneWorld has higher initial costs with subscription fees and customization expenses, delivering ROI for large enterprises with complex needs. ERPNext offers lower costs due to its open-source nature, with optional paid support and hosting, appealing to smaller firms. NetSuite offers significant ROI for comprehensive solutions, while ERPNext's low-cost model provides quick payback for resource-constrained businesses.

To learn more, read our detailed ERPNext vs. NetSuite OneWorld Report (Updated: April 2025).

Buyer's Guide

ERPNext vs. NetSuite OneWorld

April 2025

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Review summaries and opinions

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

Categories and Ranking

ERPNext

Ranking in ERP

18th

Average Rating

8.0

Reviews Sentiment

7.2

Number of Reviews

Ranking in other categories

No ranking in other categories

NetSuite OneWorld

Ranking in ERP

22nd

Average Rating

8.4

Reviews Sentiment

7.4

Number of Reviews

Ranking in other categories

No ranking in other categories

Mindshare comparison

As of April 2025, in the ERP category, the mindshare of ERPNext is 0.9%, up from 0.7% compared to the previous year. The mindshare of NetSuite OneWorld is 0.3%, down from 0.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.

ERP

Featured Reviews

NagendraCh

Head Of Information Technology at BPM INFOTECH LLP

Installation and integration are areas that are quite easy to manage

With ERPNext, some business challenges will definitely be there. So far, my company has seen that it cannot go for bigger enterprise models, like SAP. With SAP, it is a completely different game, whereas for the SMEs having almost 100 to 500 users, ERPNext can be a good tool. With ERPNext, there can be some challenges in the case of business or routing. The tool is suitable if you have a multi-cloud environment in your company or if there is some company that prefers to be branded as an enterprise business. As there are so many third-party integrations, depending on third-party applications, all those. You know? I mean, you have so many CRM models, but the thing is that with the ERP ERPNext CRM, you can't compare it with Salesforce. For the SME sector, the tool is good. The tool's features are developed for a bigger network. It will take a little bit of time, but as of now, we can see that the tool is good for the SME sector. The tool has not come up with anything for some specific domains, like construction domains. Right now, it is a big challenge to use the tool in the education domain, but right now, the product has resolved it. Many people use the tool since it has a larger network. The tool keeps developing, and it will take time to develop. For the education domain, the tool will have to come up with LMS features and transportation, which make up for small challenges.

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Antonio Lira

Territory Manager LATAM at LeaseWeb

Seamless subsidiary operation visibility with efficient accounting consolidation

One of the most valuable features that I appreciate is the ability to consolidate operations across subsidiaries, which makes accounting consolidation great. The multicurrency reevaluation offered by OneWorld enables consolidation from different branches, such as country or continent levels, making it a powerful feature. Additionally, there is visibility into all operations within the subsidiaries, facilitating awareness of sales, purchases, and manufacturing activities.

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Quotes from Members

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

Pros

"It is a stable solution. Stability-wise, I rate the solution a nine out of ten...I rate the product's initial setup a nine on a scale from one to ten, where one is difficult, and ten is easy."

"The most valuable feature of the solution is that it is a very user-friendly tool that is customizable based on the business environment."

"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."

"The executive dashboards have satisfied the founders and leadership with up to the minute information. This allows them to make high level decisions."

"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 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."

"Inventory management in NetSuite OneWorld is one of the best in the industry, so this feature is what I like most about the solution."

"The solution is scalable."

"I rate the OneWorld overall solution as a ten out of ten."

More NetSuite OneWorld pros

Cons

"The look, feel, and color are areas in ERPNext that can be improved."

"The tool has not come up with anything for some specific domains, like construction domains."

"The solution could improve by having more integration."

"If a faster solution is desired, a separate dedicated machine must be hired, which is not what customers necessarily need."

"Needs time entry for billable employees."

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

"The performance could be improved as this is a 100% software as a service platform. If a faster solution is desired, a separate dedicated machine must be hired, which is not what customers necessarily need."

"The Project Management User Interface is lacking."

"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."

"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."

More NetSuite OneWorld cons

Pricing and Cost Advice

"Price-wise, ERPNext is a cheap product. There are no licensing costs attached to ERPNext since it is an open-source product. You have to pay for the solution's hosting and implementation process."

"If one is cheap and ten is expensive, I rate the product price as a three."

"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 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."

"Measure twice, cut once."

"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"

"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."

"Good solution for the price, but hire a skilled project manager to handle the technical setup."

"NetSuite offers a great many advantages, including a cost of about third of the traditional pharma manufacturing ERP packages."

"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."

More NetSuite OneWorld pricing and cost advice

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Top Industries

By visitors reading reviews

Computer Software Company

20%

Healthcare Company

10%

Manufacturing Company

10%

Financial Services Firm

Computer Software Company

14%

Retailer

11%

Healthcare Company

Financial Services Firm

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

What do you like most about ERPNext?

It is a stable solution. Stability-wise, I rate the solution a nine out of ten...I rate the product's initial setup a nine on a scale from one to ten, where one is difficult, and ten is easy.

See all answers

What is your experience regarding pricing and costs for ERPNext?

It is an open-source tool. Some kinds of plug-ins for the tool are available in the marketplace. ERPNext was developed using Python. Plug-ins are available in the marketplace, and users need to buy...

See all answers

What needs improvement with ERPNext?

See all answers

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...

See all answers

What is your experience regarding pricing and costs for NetSuite OneWorld?

The pricing is tricky because official price lists are often not used due to discounts. In Latin America, discounts can be as high as seventy percent.

See all answers

What needs improvement with NetSuite OneWorld?

The performance could be improved as this is a 100% software as a service platform. If a faster solution is desired, a separate dedicated machine must be hired, which is not what customers necessar...

See all answers

Comparisons

Microsoft Dynamics 365 Business Central vs ERPNext

Compared 28% of the time

SAP ERP vs ERPNext

Compared 22% of the time

SAP S/4HANA vs ERPNext

Compared 19% of the time

SAP Business One vs ERPNext

Compared 17% of the time

Tactive Construction Management Software vs ERPNext

Compared 14% of the time

More ERPNext Competitors

NetSuite ERP vs NetSuite OneWorld

Compared 95% of the time

JD Edwards EnterpriseOne vs NetSuite OneWorld

Compared 5% of the time

More NetSuite OneWorld Competitors

Product Reports

Buyer's Guide

ERP

April 2025

Download ERPNext product report

Buyer's Guide

NetSuite OneWorld

March 2025

Download NetSuite OneWorld product report

Overview

ERPNext is an open-source ERP system known for its flexibility and comprehensive capabilities, tailored for various business needs. It integrates multiple business processes into a single platform, enabling seamless operations and efficient resource management for organizations.

ERPNext offers an extensive range of features designed to streamline business operations across sectors, including manufacturing, retail, and services. Its modular structure supports accounting, human resources, inventory, and project management. Recognized for adaptability, ERPNext allows users to customize and extend functionalities, although improvements are encouraged in reporting tools and system scalability.

What are the key features of ERPNext?

Accounting: Streamlines financial processes with tools for invoicing, payments, and financial reporting.
HR and Payroll: Manages employee data, payroll, and attendance efficiently.
Inventory Management: Optimizes stock control with real-time tracking and reporting.
Project Management: Facilitates project planning and progress tracking.

What benefits should users look for in ERPNext reviews?

Cost Efficiency: Reduces overhead with an open-source model, offering substantial savings.
Customization: Allows modifications to meet specific business needs.
Automation: Boosts productivity by automating repetitive tasks.
Integration: Seamlessly connects with external systems to enhance functionality.

ERPNext is leveraged across industries like manufacturing, where it assists in production planning and inventory oversight. In retail, it manages point-of-sale operations and customer engagement. Service industries use ERPNext for project management and resource allocation, ensuring efficient service delivery.

Tridots Tech

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.

NetSuite

Sample Customers

Information Not Available

Lovesac, Land O'Lakes, Shaw, Kiva, SRS Acquiom, CommVault, Thomas Baker

Buyer's Guide

ERPNext vs. NetSuite OneWorld

April 2025

Free Report: ERPNext vs. NetSuite OneWorld

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