Odoo

Odoo

Such customizations and modularity come at a price where Odoo ERP can be classified as complex and constantly changing. On how many active users per touch point there are now more than 30 applications in Odoo's chest with which companies can develop ERP depending on their particular operational needs whether it is HR and sale or manufacturing or e-commerce: that range is what one can find along with Odoo.The aforementioned characteristics make Odoo the most suitable solution for organizations seeking to improve their processes step by step without changing their entire system.

12 Million + Users

44,000 +Integrated Apps

1 to 24 MonthsTo be Implemented

3,600 +Employees

NetSuite

Created by Oracle, NetSuite is one of the most popular global ERP systems that operates in the cloud and helps organizations manage financials, customer relationships, and supply chain operations on a single platform. Through its cloud-first strategy, NetSuite provides access to up-to-date data, customers, and wider presence in different countries’ teams. With the support of their NetSuite business software vendors, companies are able to use its great functionality to enhance workflow processes, increase efficiency of operations, and meet international certification standards.

Not available Users

300 + Integrated Apps

3 to 6 Months To be Implemented

4,600 + Employees

Odoo vs NetSuite

NetSuite is functional but will always need more money spent on required custom features. Odoo is the solution of choice for enterprises that have distinct operational aspects since it is an open-source framework that is highly customizable. This deployment flexibility enhances business operations. Odoo has both cloud based and physical deployment which is much more adaptable than NetSuite which has only cloud based deployment which is great for access all over the world but does not suit businesses with physical deployment specifications.

Odoo’s pricing model is affordable and targets small and mid sized businesses as opposed to NetSuite which targets larger enterprises since it only has one pricing scheme. Odoo however has a modular pricing system structure as well which allows average businesses to be able to afford it. The first and obvious point is that NetSuite does a good job of helping with a multinational business providing integrated tools for multi currency use, local tax requirements, and worldwide finances all in one place.

Features Comparison

Inventory Management

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Netsuite
General Scope

Multi-Warehouse

Storage Locations

Bin Replenishment

Mobile Device Support

Multi-Company

Multi-Currency

Multi-Language

Automatic ASN (Advanced Shipping Notice)

Package Management / Cartoning

Freight Carrier Integration

Manage Consignee Stocks

EDI (Electronic Data Interchange)

Products

Non-Stocked Inventory

Multiple Variants

Multiple Units of Measure

Inter-Classe UoM Conversion

Variant Matrix

Traceability

Lots / Serial Numbers

Up / Down Traceability

360° Traceability

Expiration Dates

Cycle Counting

Reporting

Inventory Forecasts

Inventory Valuations

ABC Analysis

Barcode Support

QR Code Support

RFID Support

Lots / Serial Numbers Support

Receptions

Picking

Internal Moves

Delivery Orders

Inventory Adjustments

Routing

FIFO / LIFO

Customizable Routes

Putaway Strategies

Wave Picking

Batch Picking

Zone Picking

Cluster Picking

Cross-Docking

Putaway Locations

Supply Chain

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Netsuite
Features

Vendor Data Management

Vendor Pricelist Management

Inbound Quality Control

Dropshipping

Purchase

Purchase Requests

Purchase Orders

Purchase Approval Workflow

Request for Quotations

Contracts / Purchase Agreements

Automated Procurements

Minimum Stock Rules

Make-to-Order

Master Production Schedule

Manufacturing

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Netsuite
Master Data

Multi-Level BoM

By-Products / Co-Products

Routings

Subassemblies

One BoM for Multiples Product Variants

BoM Versioning

Multiple BoM / Routing

Planning

Demand Forecasting

MRP Scheduler

Gantt Chart Scheduling

Kanban Planning

Production Calendar

Infinite Capacity Scheduling

Finite Capacity Scheduling

Multiple Scheduling Plans

Delivery Date Calculation

Production Order Splitting / Merging

Operations

Manufacturing / Production Orders

Job Tracking

Work Orders / Operations

Automated Time Tracking

Disassembly Orders

Subcontracting

Rework / Repair

Scrap

Disposal Strategies

Kits

Edit Individual Production BoMs

Costing

Perpetual Inventory Valuation

Periodic Inventory Valuation

Standard Price

FIFO / LIFO

Landed Costs

Actual Production Labor

Production Order Costing

Shop Floor Control

Shop Floor Terminals

Production Activities

Non-Production Activities

Time Tracking

Messages on Work Orders

Barcode Support

Equipment / Maching Management

Work Instructions on Work Orders

Maintenance Requests from Shop Floor Terminal

Human Resources

Schedule Management

Touchscreen Attendance

Timesheets

Breaks

Overtime

Vacation / Injury

Reporting and Forecasting

Overall Equipment Efficiency

Work Time

Demand Forecast

Maintenances KPIs

Production Costs Analysis

Analytic Accountingx

CSV Export

Dynamic Pivot Tables

Dashboards

Save Custom Reports

Maintenance

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Netsuite
Scheduling and Request Handling

Schedule Preventive Maintenance

Maintenance Kanban

Maintenance Calendar

Shop Floor Integration

Multiple Teams / Sites

Asset Management

Subcontract Repair

Job Tracking

Parts Management

Inventory Management

Purchasing Integration

Rotating Asset Location

Equipment Serial Numbers

Equipment Maintenance History

Dealer Portal

QMS

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Netsuite
Quality Control

At Reception

In-Process

Before Delivery

Inventory Quarantine

Quality Checks

Quality Control Plan

Pass/Fail Checks

Measurement Checks

Quality Alerts / Nonconformance Documents

Print Nonconformance Documents

Corrective Actions

ISO9001 Tools

Documentation Management

Customer Satisfaction Surveys

Customers Complaints Management

Traceability of Operations

Resources Management

Reports

Nonconformance Costs

PLM

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Netsuite
Features

Engineering Change Orders (ECOs)

BoM Versioning Management

Routing Version Management

MRP Integration

Centralized BoM Management

ECO Management

Approval Workflows

BoM Version Difference Viewer

Bulk BoM Updates

Notification Mechanism

Project eMail Gateway

ECO Costing

Third-Party CAD Integrations

AutoCAD

SolidWorks

Autodesk

Usability, Pricing & Conditions

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Netsuite
User Interface

Full Web Interface

Mobile App

App Store / Add-ons

Pricing and Conditions

Free Trial

Open-source

Why Compare Odoo and NetSuite?

Knowing the best features offered by Odoo and NetSuite enables businesses to select the ERP that fits within its growth and operations model:

  • Cost-Efficient Expansion: Odoo’s scalable architecture gives the possibility to start with required apps and grow over time which is appropriate for small to medium enterprises.
  • Advanced Capabilities: The suite of applications embedded in NetSuite is able to support big users and comply with international regulations.
  • Accessibility over the Clouds: There is no other solution for companies that need a purely cloud-oriented style of work other than NetSuite's cloud-first strategy. However, Odoo ERP allows businesses to host their applications both on-site and in the cloud, depending on their needs.

User Interface

In general, self-explanatory operation and easy access to the ERP system have a huge bearing on how well the system is adopted and its efficiency:

  • Odoo: The graphical user interface of Odoo targets full end user productivity and ease of use, which enables Odoo to be implemented quickly and with little additional training.
  • NetSuite: However, this is more complex and may be too much for small user groups, which can mean that there is a learning curve associated with more advanced features.

For small and medium-scale companies that need a reliable and easy to use interface, Odoo still provides a feasible option however, for larger businesses that require an all-encompassing strong ERP system can use NetSuite.

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Meet our
Digital Transformation Expert

Mr. Adarsh Parikh

Associate Director
Silver Touch Technologies Canada

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