A comparison of two major ERP platforms

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Oracle’s NetSuite is well-known in the ERP world for its customization and scalability. It’s a multi-tenant ERP software supporting finance, operations, sales, service, and HR needs.
Best For:
NetSuite is best for small businesses with 10 to 50 employees, mid-market companies with 50-200 employees, and enterprises with over 10,000 employees.
Not a Good Fit For:
NetSuite isn’t great for process manufacturers since their core manufacturing module focuses more on discrete bill of materials rather than recipes and formulas. It’s also generally overkill and prohibitively expensive for smaller businesses or sole proprietors.
Odoo is an open-source ERP software that integrates CRM, manufacturing, eCommerce, and more. Odoo’s accounting module offers functionality in accounts payables and receivables, bank synchronization, and reporting. You can extend the accounting app’s functionality with the tax report module.
Best For:
Odoo is best for small companies (1-10 employees) and mid-sized businesses (50-200 employees). It’s best for organizations that have outgrown their simple accounting and inventory software.
8.3
Our Rating
based on our expert editorial analysis
7.2
USER RATING
based on 26 user reviews
Our Verdict:

We like NetSuite for its robust accounting and supply chain management capabilities. It also offers out-of-the-box functionality and a mature, cloud-native design. Additionally, NetSuite integrates with eCommerce platforms, point-of-sale apps, and more.

We don’t recommend it for startups due to its complexity. It lacks field service management and heavy manufacturing support. Implementation may require technical expertise.

Pros:
  • Hundreds of third-party add-ons available
  • Feature sets for multiple industries
  • Highly customizable
  • Advanced audit trail
  • Scalable, web-based ERP software system
Cons:
  • Must schedule a consult for pricing details
  • Tedious setup
  • Difficult to build reports
  • No equipment management
  • No field service management
8.7
Our Rating
based on our expert editorial analysis
8.8
USER RATING
based on 21 user reviews
Our Verdict:

We like Odoo for its effectiveness as a light ERP, offering modularity, simple integration, and ease of use. As companies scale up, they can add modules piecemeal as needed. Odoo offers inventory management functionalities at a lower price point than many cloud-based ERPs.

On the other hand, you’ll need technical expertise or a dedicated support team to deploy the software, integrate third-party apps, or customize the source code to fit your company’s workflows.

Pros:
  • Community version is free
  • Heavy customization options
  • Double entry inventory system
  • Full suite of business applications
  • Traceability reports from customer to supplier
Cons:
  • May have to build specific modules yourself
  • No centralized support
  • Upgrades not free
  • Cluttered mobile app
  • Price Range
       $     $     $     $     $   
       $     $     $     $     $   
  • Starting Price $99/user/month
  • Client OS Web
  • Price Range
       $     $     $     $     $   
       $     $     $     $     $   
  • Starting Price $25/user/month
  • Client OS Web

NetSuite and Odoo are both powerhouse ERP applications, but they cater to different market segments and have distinct features. Our editorial team has tested both and have some insights on which is best.

Who They Cater To

NetSuite ERP targets primarily medium-sized businesses, especially those in distribution, IT, and professional services. If your organization falls within this range and has around 30 employees, NetSuite might be tailored for you.

Odoo, on the other hand, is well-suited for both small and mid-sized companies. So, if you’re a budding startup with one to ten employees or a mid-sized business with a headcount between 50 to 200, Odoo could be your go-to ERP solution.

Core Features and Customizability

NetSuite’s reputation in the ERP landscape stems from its robust customization capabilities and strong integrations. It supports diverse sectors by offering industry-specific editions and seamlessly integrates with eCommerce platforms, POS applications, and more. However, while it boasts of functionalities, there’s a learning curve involved, so expect to invest in staff training.

Odoo sets itself apart with its open-source nature. It presents itself as a modular ERP - you begin with what you need, then add as you grow. This provides immense flexibility for businesses. But there’s a catch: you might need tech-savvy individuals or a support team for deploying and customizing Odoo to your needs.

Pricing Considerations

NetSuite ERP might appear to be on the pricier side, especially with its implementation fees and annual subscription plans. While NetSuite doesn’t publicly share pricing details, we can say that the absolute minimum total costs are typically over $1000 per month. Usually, there’s a monthly overall package fee plus a per user fee.

Odoo offers a significant advantage with its community version - it’s free. But as your requirements grow and you opt for more functionalities, you’ll need to shell out for its enterprise version and any module-specific costs. Also, Odoo offers upgrades, but they aren’t free.

Deployment & Accessibility

Both ERP solutions are web-based, ensuring ease of access. NetSuite is strictly cloud-hosted, which is a boon for businesses not looking to manage on-premises infrastructure. Odoo gives you a choice: you can either go for cloud-hosted or manage it on-premises, providing flexibility based on your resources and technical capabilities.

Our Recommendation

If you’re a medium-sized business (over 50 employees), especially in sectors like IT, distribution, or professional services, and are ready to invest in robust, customizable ERP solutions, NetSuite ERP is likely a solid choice. Its integrations, industry-specific focus, and cloud hosting make it an attractive proposition.

However, for smaller businesses (under 50 employees) or those looking for cost-effective, modular solutions, Odoo is a great option. Its open-source nature, free community version, and flexibility in adding modules make it a great choice for businesses on a tighter budget or with dynamic needs.

NetSuite ERP Screenshot
NetSuite ERP
★★★★★
★★★★★
(26)
Oracle’s NetSuite is well-known in the ERP world for its customization and scalability. It’s a multi-tenant ERP software supporting finance, operations, sales, service, and HR needs.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$99/user/month
Client OS
Web
Deployment
Cloud Hosted
Odoo Screenshot
Odoo
★★★★★
★★★★★
(21)
Odoo is an open-source ERP software that integrates CRM, manufacturing, eCommerce, and more. Odoo’s accounting module offers functionality in accounts payables and receivables, bank synchronization, and reporting. You can extend the accounting app’s functionality with the tax report module.
Price Range
   $     $     $     $     $   
   $     $     $     $     $   
Starting Price
$25/user/month
Client OS
Web
Deployment
Cloud or On-Premises
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