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 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

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

Quotes to Orders

Electronic Signatures

Online Payment

Quotation Templates

Upselling & Cross Selling

Subscription Management

Point of Sale (retail)

Point of Sale (restaurant)

eCommerce

eBay Integration

CRM

NetSuite

Odoo Enterprise

Leads Nurturing

Lead Scoring

Leads Management

Opportunities Management

Pipeline Management

Third Party Management

Customer Multi-Address

Calls / Meetings / Mail

VOIP

Email Integration

Live Chat

Full Customer History

Email Templates

Opportunities Analysis

Accounting & Finance

NetSuite

Odoo Enterprise

Analytic Accounting

Alerts

Budgets

Expenses

Assets Management

Real-Time Inventory Valuation

Analytic Reports

Bank Interface / Automatic Sync

Quick Reconciliation

Deferred Revenues

Checks Management

Invoicing Management

Batch Send

Third Party Follow-Up

Payment Automation (SEPA)

International

Multi-Company

Multi-Currency

Marketing

NetSuite

Odoo Enterprise

Mass Mailing

Blog / SEO / Web Pages

Events

Marketing Automation

Drag & Drop Page Editor

Marketing Campaign

Contacts Segmentation

Survey

Keyword Marketing

Visitors Tracking

Checks Management

Social Media Management

Manufacturing

NetSuite

Odoo Enterprise

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

Scheduling

Product Variants

Multi-Level BOM’s

Purchase

NetSuite

Odoo Enterprise

Request for Quotation (RFQ)

Purchase Tender

Pricing & Discounts

Make-to-Order (MTO)

Minimum Stock Rule

MPS

Invoice Control

Reception Control

Services & Projects

NetSuite

Odoo Enterprise

Basic Project Management

Lean Approach/Kanban View

Planning

Helpdesk/Support

Timesheets

Email Integration

Human Resources

NetSuite

Odoo Enterprise

Recruitments

Appraisals

Leaves/Holidays

Fleet Management

Payroll

Fleet Management

Expenses

Salary Configurator