NetSuite ERP vs. Odoo

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
NetSuite ERP
Score 8.0 out of 10
N/A
NetSuite is a suite of ERP and accounting modules which is sold in various editions aimed at different size customers. The multi-country, multi-currency version is an additional module called OneWorld. Netsuite is a SaaS system and is not offered in an on-premise edition.N/A
Odoo
Score 6.8 out of 10
Mid-Size Companies (51-1,000 employees)
Odoo, from the Belgium-headquartered multinational company of the same name, is a suite of business applications for managing the sales pipeline. It also comprises a PoS and inventory management modules, scaling to a warehouse or retail management solution.
$24.90
per month per user
Pricing
NetSuite ERPOdoo
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
NetSuite ERPOdoo
Free Trial
NoYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeOptional
Additional DetailsUsers subscribe to NetSuite for an annual license fee. The license is made up of three main components: core platform, optional modules and the number of users. There is also a one-time implementation fee for initial setup. New modules and users and can be added as a business grows.New customers get a discount on the initial number of users purchased. ($20.00 USD instead of $24.00 USD).
More Pricing Information
Community Pulse
NetSuite ERPOdoo
Considered Both Products
NetSuite ERP
Chose NetSuite ERP
NetSuite was the obvious choice in our case because of the enterprise backing of Oracle and the support available for the platform from both the Oracle side as well as on the open market through Consultants and Partner firms. While it's price point is vastly different, …
Chose NetSuite ERP
NetSuite is almost as flexible as Odoo, but with a lot more out-of-the-box functionality.
The strong base of out-of-the-box functionality tops dynamics but is a bit less then Infor.
Infor is not flexible at all though, so NetSuite is the best choice of the four by far.
Chose NetSuite ERP
We thought that the NetSuite bundle was a totally integrated and seamless package, both from an IT perspective and from a contractual perspective...we found that the payroll module utilizes the Ceridian Payroll engine, and there are extra steps to "synchronize" the Ceridian …
Odoo
Chose Odoo
we CAME from NetSuite (and should have stayed there!!) - but we thought Odoo would be better. Brightpearl was too expensive and too slow to implement - and we needed a system that could do the Spanish Legally mandatory Accounting reports...... and even here Odoo fails as no …
Chose Odoo
Odoo offers great ease of use and time to market. You can build on modules and integration, not an issue since the system will say "before" setup what modules relate to what you want. And in some instances will even install needed modules without your having to guess.
Top Pros
Top Cons
Features
NetSuite ERPOdoo
Payroll Management
Comparison of Payroll Management features of Product A and Product B
NetSuite ERP
1.1
15 Ratings
147% below category average
Odoo
1.1
8 Ratings
147% below category average
Pay calculation1.013 Ratings1.08 Ratings
Benefit plan administration1.010 Ratings1.17 Ratings
Direct deposit files1.39 Ratings1.17 Ratings
Customization
Comparison of Customization features of Product A and Product B
NetSuite ERP
9.1
74 Ratings
23% above category average
Odoo
1.0
7 Ratings
152% below category average
API for custom integration9.164 Ratings1.06 Ratings
Plug-ins9.447 Ratings1.07 Ratings
Security
Comparison of Security features of Product A and Product B
NetSuite ERP
9.1
81 Ratings
11% above category average
Odoo
1.0
9 Ratings
156% below category average
Single sign-on capability9.262 Ratings1.05 Ratings
Role-based user permissions9.180 Ratings1.09 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
NetSuite ERP
9.1
72 Ratings
27% above category average
Odoo
1.0
8 Ratings
150% below category average
Dashboards9.171 Ratings1.08 Ratings
Standard reports9.170 Ratings1.08 Ratings
Custom reports9.170 Ratings1.07 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
NetSuite ERP
7.6
256 Ratings
0% below category average
Odoo
1.2
9 Ratings
146% below category average
Accounts payable8.3250 Ratings1.29 Ratings
Accounts receivable8.3231 Ratings1.29 Ratings
Global Financial Support9.326 Ratings1.09 Ratings
Primary and Secondary Ledgers9.428 Ratings1.09 Ratings
Journals and Reconciliations9.041 Ratings1.08 Ratings
Configurable Accounting9.435 Ratings1.09 Ratings
Standardized Processes9.337 Ratings1.07 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
NetSuite ERP
8.8
48 Ratings
11% above category average
Odoo
1.1
10 Ratings
151% below category average
Inventory tracking9.747 Ratings1.010 Ratings
Automatic reordering8.528 Ratings1.09 Ratings
Location management9.235 Ratings1.09 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
NetSuite ERP
8.7
205 Ratings
11% above category average
Odoo
1.1
9 Ratings
150% below category average
Pricing9.153 Ratings1.09 Ratings
Order entry8.1201 Ratings1.49 Ratings
Credit card processing8.437 Ratings1.07 Ratings
Cost of goods sold8.748 Ratings1.09 Ratings
Order Orchestration9.421 Ratings1.08 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
NetSuite ERP
7.3
197 Ratings
1% below category average
Odoo
1.0
9 Ratings
152% below category average
Billing Management8.4186 Ratings1.09 Ratings
Cash and Asset Management9.327 Ratings1.08 Ratings
Travel & Expense Management8.331 Ratings1.07 Ratings
Budgetary Control & Encumbrance Accounting8.527 Ratings1.07 Ratings
Period Close9.335 Ratings1.07 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
NetSuite ERP
6.3
32 Ratings
19% below category average
Odoo
1.0
7 Ratings
154% below category average
Budgeting and Forecasting5.926 Ratings1.06 Ratings
Project Costing5.823 Ratings1.05 Ratings
Cost Capture5.822 Ratings1.05 Ratings
Capital Project Management4.014 Ratings1.05 Ratings
Customer Contract Compliance9.413 Ratings1.05 Ratings
Project Revenue Recognition6.722 Ratings1.05 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
NetSuite ERP
4.0
17 Ratings
52% below category average
Odoo
1.0
6 Ratings
149% below category average
Project Planning and Scheduling8.514 Ratings1.06 Ratings
Task Insight for Project Managers3.311 Ratings1.05 Ratings
Project Mobile Functionality3.010 Ratings1.05 Ratings
Definable Resource Pools3.68 Ratings1.05 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
NetSuite ERP
3.1
12 Ratings
84% below category average
Odoo
1.0
7 Ratings
153% below category average
Award Lifecycle Management3.57 Ratings1.06 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
NetSuite ERP
3.3
19 Ratings
71% below category average
Odoo
7.6
6 Ratings
9% above category average
Bids Analyzed and Compared3.58 Ratings7.74 Ratings
Contract Authoring2.010 Ratings9.24 Ratings
Contract Repository3.58 Ratings9.24 Ratings
Requisitions-to-Purchase Orders Integrated3.613 Ratings1.05 Ratings
Supplier Management9.513 Ratings8.54 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
NetSuite ERP
3.2
11 Ratings
68% below category average
Odoo
7.8
3 Ratings
18% above category average
Risk Repository3.58 Ratings10.02 Ratings
Control Management2.011 Ratings1.03 Ratings
Control Efficiency Assessments3.57 Ratings1.03 Ratings
Issue Detection3.58 Ratings10.02 Ratings
Remediation and Certification3.58 Ratings10.02 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
NetSuite ERP
3.0
17 Ratings
78% below category average
Odoo
3.5
4 Ratings
65% below category average
Transportation Planning and Optimization2.89 Ratings1.03 Ratings
Transportation Execution Management2.88 Ratings1.03 Ratings
Trade and Customs Management2.88 Ratings1.02 Ratings
Fulfillment Management9.414 Ratings1.03 Ratings
Warehouse Workforce Management2.511 Ratings1.03 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
NetSuite ERP
8.9
16 Ratings
17% above category average
Odoo
8.7
4 Ratings
14% above category average
Production Process Design8.512 Ratings8.14 Ratings
Production Management8.514 Ratings8.34 Ratings
Configuration Management9.410 Ratings9.23 Ratings
Work Execution9.412 Ratings9.23 Ratings
Manufacturing Costs8.514 Ratings9.23 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
NetSuite ERP
7.8
131 Ratings
7% above category average
Odoo
3.1
5 Ratings
80% below category average
Forecasting7.617 Ratings1.05 Ratings
Inventory Planning7.4128 Ratings1.05 Ratings
Performance Monitoring8.514 Ratings1.04 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
NetSuite ERP
3.8
13 Ratings
62% below category average
Odoo
8.5
3 Ratings
16% above category average
Proposal Management2.610 Ratings8.73 Ratings
Product Master Data Management3.29 Ratings8.73 Ratings
Best Alternatives
NetSuite ERPOdoo
Small Businesses
Acumatica
Acumatica
Score 8.7 out of 10
Acumatica
Acumatica
Score 8.7 out of 10
Medium-sized Companies
Infor VISUAL
Infor VISUAL
Score 7.4 out of 10
Infor VISUAL
Infor VISUAL
Score 7.4 out of 10
Enterprises
SAP Business ByDesign
SAP Business ByDesign
Score 7.5 out of 10
SAP Business ByDesign
SAP Business ByDesign
Score 7.5 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
NetSuite ERPOdoo
Likelihood to Recommend
8.5
(354 ratings)
1.0
(14 ratings)
Likelihood to Renew
9.2
(49 ratings)
1.0
(1 ratings)
Usability
8.6
(231 ratings)
1.0
(7 ratings)
Availability
9.0
(16 ratings)
-
(0 ratings)
Performance
8.0
(15 ratings)
-
(0 ratings)
Support Rating
7.1
(215 ratings)
1.0
(7 ratings)
In-Person Training
7.3
(2 ratings)
-
(0 ratings)
Online Training
6.4
(10 ratings)
-
(0 ratings)
Implementation Rating
6.4
(17 ratings)
-
(0 ratings)
Configurability
8.7
(5 ratings)
-
(0 ratings)
Ease of integration
7.3
(3 ratings)
-
(0 ratings)
Product Scalability
9.0
(8 ratings)
-
(0 ratings)
Vendor post-sale
4.8
(2 ratings)
-
(0 ratings)
Vendor pre-sale
5.0
(1 ratings)
-
(0 ratings)
User Testimonials
NetSuite ERPOdoo
Likelihood to Recommend
NetSuite
Really in this hybrid environment, being up in the cloud and being able to securely access the data and work from anywhere, I think it's a real game changer for my team. So I really like the fact that NetSuite keeps up with security features and allows users to access it from anywhere.
Read full review
Odoo
The software is really good for managing inputs and inventory as well as maintaining traceability. The "track picking moves" functionality lets you look into a specific lot or serial numbers and view all the product moves that occurred with that lot. However, some navigation is not intuitive. For example, if I click on an item in the BoM of an assembly, then click the back button to go back to the assembly, the site goes all the way back to the home screen. Some of these quirks mean that there is a learning curve for the software, but overall the tracking is very good.
Read full review
Pros
NetSuite
  • NetSuite does analytics very well.
  • They do reporting very well. I love the ability to have control over how the information flows through my NetSuite, my user roles, and my responsibilities. I can assign certain tasks to certain people, and they do that and then also have the control to approve that and make sure it's done correctly.
  • Just being able to drill down into a particular GL account or into a particular line item and see what really makes that up and what's driving our certain costs.
Read full review
Odoo
  • Ignore requests for support
  • continue to collect money from users through micro-charges; apps, supports, etc.
  • Offer no support when they do finally respond, saying that it's the app developer's duty.
  • Creates a system that forces people that are good with software systems to pay for support
Read full review
Cons
NetSuite
  • Honestly, right now, my biggest pain point is kind of our own doing, but I would appreciate a little bit more support and help in the area of performance management and kind of understanding how our application is built, what are the best choices for customizing or solving a problem in terms of performance, because our company is rather large, we have a lot of data coming in and out, and that has been an issue for us recently.
Read full review
Odoo
  • Community version is sometimes hard to maintain, needs some on-premise knowledge (IT) or having business with an Odoo partner that is sometimes expensive and unreliable.
  • Enterprise version is as expensive as other ERP in the market.
  • Reporting is horrible, not a lot of possibility to integrate seamlessly with a third party BI platform.
Read full review
Likelihood to Renew
NetSuite
NetSuite is able to cover all of our needs, spanning multiple departments and managerial levels. We use it daily for a multitude of functions, including creating promotions, estimating inventory, pulling historical reports, forecasting sales, and more. Overall, we're very satisfied with NetSuite as an ERP solution and recommend it to medium to large businesses.
Read full review
Odoo
No answers on this topic
Usability
NetSuite
I have given this rating due to below use cases: - Order Management - Advanced Revenue Management - Invoicing - Automated Billing - Inbound and Outbound Integrations with applications such as Salesforce, Zip, Stripe, Mavenlink, Avalara, Floquast - Project management and billing - Training -Customer Support - Knowledge Article Support
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Odoo
I would give it an average rating despite being easy to use, but the user interface is very poor and not intuitive at all which makes the whole experience not that good. Also, the system is not mobile friendly at all which is annoying if you want to check something on the go.
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Reliability and Availability
NetSuite
It has been very reliable. I can only think of 1-2 times in 4.5 years that we have had issues getting in, and in each case were able to get back in within 1 hour. There has not been a major downtime
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Odoo
No answers on this topic
Performance
NetSuite
Most of the time the performance is very good. Pages load in a few seconds; financial reports take less than 5 seconds; basic searches take a few seconds. But performance can be sporadic throughout the day and cause the run time to triple.
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Odoo
No answers on this topic
Support Rating
NetSuite
The account rep changes quite often, which requires restarting. Suite Answers is a very good tool but can be hard to use for somebody who is not fully confident with Netsuite. Asking questions that are not already answered in Suite Answers can be rough. Training is readily available, but most of the time stays on the surface and doesn't answer medium to more advanced questions.
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Odoo
Easy - there is NO SUPPORT (like in ABSOLUTELY NOTHING!!!!!!!). Even for legally mandatory requirements where the system MUST work, they will gladly take a month to get back to you with a NON-answer. We couldn't even get our bank statements correctly into Odoo for 2 months - leading to no reconciliation and the company accounts were a mess (still are!!) as a result - Completely irresponsible. Have not EVEN had an apology from Odoo - they couldn't care less !!
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In-Person Training
NetSuite
I had in person training for a day when first got the software. The training was good. The challenge was that there was a large gap between training and when we went live so we forgot quite a lot
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Odoo
No answers on this topic
Online Training
NetSuite
Online training is quite strong. I have used for specific pieces of functionality.However it is not sufficient in all areas.
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Odoo
No answers on this topic
Implementation Rating
NetSuite
I felt NetSuite Professional Services did an excellent job of guiding us in the implementation. I also felt our internal teams were a little resistant to the change and engagement of new software. Had we performed better engaging and buying into the new software, I would be able to rate the implementation better. Therefore, the lower number should not be viewed as a deficiency with the software or the professional services teams, but as an reminder of how important complete buy-in from the local users is.
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Odoo
No answers on this topic
Alternatives Considered
NetSuite
Well, the reason why I'm with NetSuite is because obviously it beats out those other options quite considerably. It gave us the whole ecosystem that gave us everything we needed. I didn't need a dedicated administrator whose full-time job is to deal with it like our current system would need to really be useful. I can find people or train people how to use it right away. So for us, that really beats it out compared to the Sage and QuickBooks where we were looking at it from a perspective of, yeah, we can find people who are experts in those fields. They don't scale up to the size that we need as we're going to really quickly go from R&D company into doing tens of millions of dollars a year in revenue and activities. So that's where it beats us out over say Sage or QuickBooks is it's got that complete scalability. We can go to multiple subsidiaries, foreign currency, not a problem. It's got that full functionality.
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Odoo
I selected Odoo because it is all in the cloud online and it is very easy to conect from everywhere, but then it did nos suit what we wanted in other fields and the service was poor,so we deceided to cancel the contract, but never get our money back since november 2020.
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Scalability
NetSuite
We have been able to scale our business 25X without any major overhaul with Netsuite. Its dashboard setup makes onboarding new employees very easy and allows data to be shared across multiple offices. Its cloud setup does not put any pressure on IT to scale servers or other infrastructure. We have been able to become much more efficient in all aspects of the business.
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Odoo
No answers on this topic
Return on Investment
NetSuite
  • Positive impact, again, it's our source of truth, so we are able to not have questions about how much money we have in the bank or do we have enough material to build this job. Being able to know those things immediately is super valuable.
  • I mean it's the grease that skids the wheels that gets us to accomplish the things that we do in our business.
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Odoo
  • The integration of the support department in the sales processes was easily carried out by implementing Odoo.
  • Improved functionality and UI of the sales and logistics related processes in the company.
Read full review
ScreenShots

NetSuite ERP Screenshots

Screenshot of one view into the most critical business processes.Screenshot of Mobile-friendly design

Odoo Screenshots

Screenshot of Odoo HomeScreenshot of Odoo ProjectScreenshot of Odoo Website GeneralScreenshot of Odoo POSScreenshot of Odoo AccountingScreenshot of Odoo Inventory