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NetSuite ERP vs NetSuite OneWorld comparison

 

Comparison Buyer's Guide

Executive Summary

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

NetSuite ERP
Average Rating
7.8
Reviews Sentiment
7.4
Number of Reviews
35
Ranking in other categories
Activity Based Costing Software (6th), Billing Software (1st), Cloud ERP (2nd)
NetSuite OneWorld
Average Rating
8.4
Reviews Sentiment
7.4
Number of Reviews
15
Ranking in other categories
ERP (22nd)
 

Mindshare comparison

While both are Enterprise Resource Planning solutions, they serve different purposes. NetSuite ERP is designed for Cloud ERP and holds a mindshare of 20.8%, down 34.4% compared to last year.
NetSuite OneWorld, on the other hand, focuses on ERP, holds 0.3% mindshare, down 0.4% since last year.
Cloud ERP
ERP
 

Featured Reviews

Venkat Sudni - PeerSpot reviewer
It's a user-friendly cloud-based solution that startups and small businesses can afford
Setting up NetSuite ERP is pretty straightforward. It's a plug-and-play solution that comes with the default bundle. We uploaded our GLs and charter accounts and added our company code to the architecture. It can be up and running in under a month. It takes at least five people to deploy NetSuite.
Antonio Lira - PeerSpot reviewer
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.

Quotes from Members

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

Pros

"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."
"We can install the bundles based on our needs."
"As NetSuite ERP is a cloud product, a valuable feature I found in it is the very friendly user interface. You can set up shortcuts within the applications for frequently used reports or navigation. You can also customize dashboards in NetSuite ERP. Another feature I found valuable in the solution is good reporting. It has many industry-standard reports focused on finance and inventory. I also like the seamless switching between production and test environments and that you can customize the environments within NetSuite ERP. For example, you can put banners on your test and production environments to differentiate or segregate the logins to prevent mistakes. The solution is pretty easy to use and navigate, and it's more of a lightweight software. I like that it's a cloud product, so work is done on the front end rather than the back end. There's also a community for NetSuite ERP where you can raise your queries and issues. You'll find other people sharing experiences about common issues so you can get quick fixes from the community."
"It offers reporting flexibilities that were previously unavailable to us."
"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."
"NetSuite is significantly more affordable than Oracle EBS and offers a wider range of features than other OEMs."
"I would say that the solution is highly configurable."
"The inventory feature in NetSuite ERP is very valuable to me because it provides clear estimates about the depreciation of details and includes useful mobile modules."
"Utilizes best practices that are simple to implement."
"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."
"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 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."
"NetSuite is a great solution, fast to bring up and makes everyone's life easier."
"I rate the OneWorld overall solution as a ten out of ten."
"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."
 

Cons

"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."
"The areas that this product needs to improve on is the implementation and inventory processes."
"The product should improve its warehouse management solution."
"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."
"The pricing is high."
"I would like to see improved customization options in NetSuite ERP, possibly through generative modules, to enhance flexibility and efficiency."
"The solution's initial setup process was complex."
"The solution could be more stable."
"If a faster solution is desired, a separate dedicated machine must be hired, which is not what customers necessarily need."
"In NetSuite OneWorld, what needs improvement is the production planning functionality."
"Currently, NetSuite OneWorld needs to be more mature, especially compared to SAP."
"Some entities are not available for multiple subsidiaries, which requires duplication."
"If you were to use standard costs, it doesn't handle standard costs well."
"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."
"Needs time entry for billable employees."
"The solution could improve by having more integration."
 

Pricing and Cost Advice

"It is expensive."
"When people buy ERP, it's a competitive situation and the pricing is paramount."
"There is an annual license required to use this solution."
"The price of the solution is quite high."
"Pricing for NetSuite ERP is okay, but it could be better. The licensing model for NetSuite ERP is based on the number of modules and users. The standard license covers up to twenty-five users. If you have more than twenty-five users, you'll have to buy the premium license, which would double the price. For one module with five user licenses, the cost is between $40,000 to $50,000."
"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."
"NetSuite ERP has a cost per module you want to use, and then you have the license per user."
"The price is less than the cost of daily hours."
"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."
"Do not try to go it alone. Get a consultant who has been there and listens."
"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"
"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."
"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."
"​Good solution for the price, but hire a skilled project manager to handle the technical setup.​"
"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."
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Top Industries

By visitors reading reviews
Educational Organization
42%
Computer Software Company
9%
Manufacturing Company
6%
Financial Services Firm
5%
Computer Software Company
14%
Retailer
11%
Healthcare Company
9%
Financial Services Firm
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
 

Questions from the Community

What do you like most about NetSuite ERP?
The inventory feature in NetSuite ERP is very valuable to me because it provides clear estimates about the depreciation of details and includes useful mobile modules.
What is your experience regarding pricing and costs for NetSuite ERP?
If you buy it through Europe or North America, it is quite expensive. However, if you can buy it from developing markets according to NetSuite, you can get significant discounts, up to 70%.
What needs improvement with NetSuite ERP?
Reports are good but not perfect. The custom reports could be improved. The initial setup process for reports can be a bit complicated and may require more user-friendly options. My previous compan...
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 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.
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...
 

Overview

 

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
Find out what your peers are saying about Oracle, NetSuite, SAP and others in Cloud ERP. Updated: April 2025.
848,716 professionals have used our research since 2012.