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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

"The initial setup is easy."
"NetSuite ERP is good for a trading company that involves buying and selling."
"NetSuite ERP is a user-friendly cloud-based solution that posts into the GL in real time. You can see your profitability at the order level."
"I have found there to be many features, such as manufacturing, accounting, financials, inventory, and purchasing."
"It's integrated into everything well so you can navigate and use it in a very simple way."
"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."
"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 is a very solid product for finance and procure-to-pay processes."
"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 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."
"Lowers costs, produces higher efficiencies, while maintaining a leaner staff and produces advanced financials."
"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 executive dashboards have satisfied the founders and leadership with up to the minute information. This allows them to make high level decisions."
"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."
"One of the most valuable features that I appreciate is the ability to consolidate operations across subsidiaries, which makes accounting consolidation great."
"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."
 

Cons

"The custom reports could be improved."
"The manufacturing and planning side could be improved. That part isn't up to date. NetSuite could be easier to integrate in general."
"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."
"If they could provide more integration options to connect with different products, that would be ideal."
"What needs to be improved is the development in the other areas and other businesses that can use NetSuite."
"As with any system offering large volumes of data, there are limitations on processing large volumes of data in custom ways."
"The solution's initial setup process was complex."
"I would like to see improved customization options in NetSuite ERP, possibly through generative modules, to enhance flexibility and efficiency."
"Currently, NetSuite OneWorld needs to be more mature, especially compared to SAP."
"The Project Management User Interface is lacking."
"If a faster solution is desired, a separate dedicated machine must be hired, which is not what customers necessarily need."
"I hope NetSuite OneWorld introduces features like support for different pricing models, including packaging options, and improved production planning tools in the future."
"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 solution could improve by having more integration."
"If you were to use standard costs, it doesn't handle standard costs well."
"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."
 

Pricing and Cost Advice

"NetSuite ERP has a cost per module you want to use, and then you have the license per user."
"I would advise that you first meet with and scope out your project with a NetSuite VAR (Value Added Reseller)."
"When people buy ERP, it's a competitive situation and the pricing is paramount."
"The price is less than the cost of daily hours."
"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."
"There is an annual license required to use this solution."
"It is expensive."
"Regarding costs, it's not just about licensing. Customization recurring costs can become expensive over five to eight years, especially with new releases. However, NetSuite ERP integrates well with third-party applications, so it can still be used for finance while another ERP is used for localized production."
"Measure twice, cut once."
"Do not try to go it alone. Get a consultant who has been there and listens."
"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 offers a great many advantages, including a cost of about third of the traditional pharma manufacturing ERP packages."
"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."
"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 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
46%
Computer Software Company
9%
Manufacturing Company
6%
Financial Services Firm
4%
Computer Software Company
14%
Retailer
10%
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: March 2025.
845,040 professionals have used our research since 2012.