Compare Odoo Vs Netsuite
The success of any corporate organization heavily relies on the software applications it uses to manage daily operations. For small and medium-sized enterprises (SMEs), this decision becomes even more critical due to budget limitations and resource constraints. Choosing the right business management software or ERP can directly impact efficiency, cost control, and long-term growth.
Why choose Odoo over Netsuite?
NetSuite and Odoo are two leading ERP solutions, both offering robust cloud-based operations. However, Odoo provides additional flexibility with its on-premise hosting option, allowing businesses to run the system locally if required. While both solutions share many similar features, Odoo often holds an edge due to its highly customizable nature, enabling it to adapt seamlessly to any type of business model.
When comparing features, NetSuite falls short in advanced HR management, offering fewer tools than Odoo’s comprehensive HR module. Odoo structures its operations through a wide range of dedicated modules, whereas NetSuite provides separate purchasable modules that, while flexible, lack the extensive adaptability and customization that Odoo delivers. Moreover, Odoo’s proven success in the ERP market is evident, with a user base of over 12 million across 120+ countries, compared to NetSuite’s 30,000+ users worldwide. This global reach, combined with Odoo’s scalability and community-driven development, makes it a stronger choice for businesses of all sizes.
Odoo vs NetSuite
Odoo and NetSuite are two leading ERP solutions, each serving different business needs and scales.
Odoo stands out as an open-source, modular, and highly customizable ERP, making it the perfect fit for startups and small to mid-sized businesses seeking flexibility at a lower cost. Its Community edition is free, while the Enterprise edition delivers advanced functionality, premium modules, and official support. With Odoo, companies gain a unified platform that seamlessly manages sales, inventory, CRM, accounting, HR, and more, with the ability to configure and extend modules based on evolving requirements.
NetSuite, developed by Oracle, is a fully cloud-based ERP designed for larger enterprises and fast-growing organizations. It offers a powerful suite of tools for financial management, CRM, e-commerce, supply chain, and global operations. NetSuite is widely recognized for its scalability, compliance readiness, and advanced financial features, but its higher cost and limited customization flexibility make it less accessible to smaller businesses compared to Odoo.
NetSuite
Oracle NetSuite is a leading cloud-based Enterprise Resource Planning (ERP) solution designed for mid-sized to large enterprises. It provides a full suite of business management products that cover different aspects of corporate operations, including:
- NetSuite ERP for inventory management, supply chain, and financial operations
- NetSuite CRM for sales automation, customer management, and marketing
- NetSuite Commerce for unified online and in-store retail operations
- NetSuite PSA for project management and professional services automation
Each product is licensed separately, giving businesses the flexibility to select the exact tools they need. For multinational organizations, NetSuite also offers OneWorld, a powerful variant that integrates all modules with advanced features like multi-subsidiary management, multi-currency support, global tax compliance, and diverse accounting standards. Additionally, NetSuite enhances its platform with SuiteApp, offering more than 300 third-party applications to extend functionality and tailor the system to specific industry needs.ons for various user-specific needs. Furthermore, there are only 30,000+ application users.
40,000
client organizations
160
countries
#1
vendor of ERP Cloud Software
312
apps in SuiteApp
Odoo Enterprise
Odoo is an open-source ERP system available in two editions: Community and Enterprise. The Community edition is completely free but comes with limited features and minimal scalability, making it more suitable for small businesses or companies with very few users. On the other hand, the Enterprise edition is feature-rich, fully customizable, and designed to adapt to complex business requirements, but it requires a license fee that varies based on Odoo pricing factors such as number of users, apps, and hosting.
In terms of deployment, Odoo offers flexible hosting options including Odoo Online (cloud-hosted), Odoo.sh (managed hosting), and on-premise installation. Moreover, Odoo provides access to thousands of free and paid add-ons via the Odoo Apps store, allowing businesses to extend functionality with industry-specific or application-specific modules as needed.
12
million users
120+
countries
2550
partners
40000+
apps in odoo apps
Sales
NetSuite
Odoo Enterprise
B2B Sales
Quotes to Orders
Electronic Signatures
Online Payment
Quotation Templates
Upselling & Cross Selling
Subscription Management
In-Store Sales
Point of Sale (retail)
Point of Sale (restaurant)
Online Sales
eCommerce
eBay Integration
CRM
NetSuite
Odoo Enterprise
Sales Flow
Leads Nurturing
Lead Scoring
Leads Management
Opportunities Management
Pipeline Management
Third Party Management
Communication Tools
Customer Multi-Address
Calls / Meetings / Mail
VOIP
Email Integration
Live Chat
Full Customer History
Email Templates
Opportunities Analysis
Accounting & Finance
NetSuite
Odoo Enterprise
Internal Process
Analytic Accounting
Alerts
Budgets
Expenses
Assets Management
Real-Time Inventory Valuation
Analytic Reports
Daily Operations
Bank Interface / Automatic Sync
Quick Reconciliation
Deferred Revenues
Checks Management
Invoice Management
Invoicing Management
Batch Send
Third Party Follow-Up
Payment Automation (SEPA)
International
International
Multi-Company
Multi-Currency
Marketing
NetSuite
Odoo Enterprise
Actions
Mass Mailing
Blog / SEO / Web Pages
Events
Marketing Automation
Drag & Drop Page Editor
Marketing Campaign
Contacts Segmentation
Follow-up
Survey
Keyword Marketing
Visitors Tracking
Checks Management
Social Media Management
Manufacturing
NetSuite
Odoo Enterprise
Manage
MRP
Routings
Order of Assembly
Costing
PLM
Work Sheets
Traceability
Quality Management
Maintenance
Tablets on Work Center
Feedback Loop
Overall Equipment Effectiveness (OEE)
IOT Out-of-the-box
Repairs Management
Schedule & Plan
Scheduling
Product Variants
Multi-Level BOM’s
Purchase
NetSuite
Odoo Enterprise
Purchase
Request for Quotation (RFQ)
Purchase Tender
Pricing & Discounts
Fulfillment
Make-to-Order (MTO)
Minimum Stock Rule
MPS
Manage
Invoice Control
Reception Control
Services & Projects
NetSuite
Odoo Enterprise
Basic Project Management
Lean Approach/Kanban View
Planning
Customer Oriented
Helpdesk/Support
Timesheets
Email Integration
Human Resources
NetSuite
Odoo Enterprise
Recruitments
Appraisals
Leaves/Holidays
Fleet Management
Payroll
Fleet Management
Expenses
Salary Configurator