Try our new research platform with insights from 80,000+ expert users
NetSuite OneWorld Logo

NetSuite OneWorld pros and cons

Vendor: NetSuite
4.2 out of 5
190 followers
Post review

Pros & Cons summary

Buyer's Guide

Get pricing advice, tips, use cases and valuable features from real users of this product.
Get the report

Prominent pros & cons

PROS

NetSuite OneWorld offers embedded business intelligence, which provides real-time transaction data on system dashboards.
The platform allows detailed customization, enabling users to automate processes with scriptable custom fields.
Its consolidation feature is valuable for managing operations across subsidiaries, enhancing accounting accuracy.
The scalability of NetSuite OneWorld supports various business functions, including reporting and procure-to-pay.
Inventory management in NetSuite OneWorld is highly regarded, noted as one of the best in the industry.

CONS

Project collaboration is easy through Dashboard Business Management and Relations Management, but it remains difficult for customers, suppliers, and internal users.
NetSuite OneWorld lacks pharma industry-specific experience with limited availability of consultants.
Standard costs are not handled well by NetSuite OneWorld.
There's a need for improved integration and production planning functionality.
Data accuracy issues and limited analytics features are present.
 

NetSuite OneWorld Pros review quotes

HP
Feb 24, 2021
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.
MC
Jan 31, 2023
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.
John Cirocco - PeerSpot reviewer
Jan 6, 2023
Inventory management in NetSuite OneWorld is one of the best in the industry, so this feature is what I like most about the solution.
Learn what your peers think about NetSuite OneWorld. Get advice and tips from experienced pros sharing their opinions. Updated: December 2024.
824,067 professionals have used our research since 2012.
MV
Jan 13, 2023
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.
GH
Feb 9, 2021
NetSuite is a great solution, fast to bring up and makes everyone's life easier.
Antonio Lira - PeerSpot reviewer
Jan 1, 2023
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.
Antonio Lira - PeerSpot reviewer
Nov 19, 2024
One of the most valuable features that I appreciate is the ability to consolidate operations across subsidiaries, which makes accounting consolidation great.
it_user783078 - PeerSpot reviewer
Dec 4, 2017
Allows us to use it the way we need to instead of changing our needs and processes to fit the product.
JF
Feb 21, 2023
The solution is user-friendly and flexible.
reviewer1623945 - PeerSpot reviewer
Apr 25, 2024
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.
 

NetSuite OneWorld Cons review quotes

HP
Feb 24, 2021
If you were to use standard costs, it doesn't handle standard costs well.
MC
Jan 31, 2023
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.
John Cirocco - PeerSpot reviewer
Jan 6, 2023
In NetSuite OneWorld, what needs improvement is the production planning functionality.
Learn what your peers think about NetSuite OneWorld. Get advice and tips from experienced pros sharing their opinions. Updated: December 2024.
824,067 professionals have used our research since 2012.
MV
Jan 13, 2023
Currently, NetSuite OneWorld needs to be more mature, especially compared to SAP.
GH
Feb 9, 2021
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.
Antonio Lira - PeerSpot reviewer
Jan 1, 2023
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.
Antonio Lira - PeerSpot reviewer
Nov 19, 2024
If a faster solution is desired, a separate dedicated machine must be hired, which is not what customers necessarily need.
it_user783078 - PeerSpot reviewer
Dec 4, 2017
The Project Management User Interface is lacking.
JF
Feb 21, 2023
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.
reviewer1623945 - PeerSpot reviewer
Apr 25, 2024
I hope NetSuite OneWorld introduces features like support for different pricing models, including packaging options, and improved production planning tools in the future.