Shlomi Lavi /
Dec 28, 2022
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Bottom Line: Which is Better - Odoo or NetSuite Financials?
NetSuite Financials is more expensive to implement (TCO) than Odoo, and Odoo is rated higher (90/100) than NetSuite Financials (89/100). NetSuite Financials offers users more features (16) than Odoo (0).
Looking for the right Inventory Management solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:
Odoo Vs. NetSuite
Odoo: Odoo is an open-source suite of integrated business applications actively programmed, supported, and organized by Odoo SA. Odoo is similar to many open-source projects where customized programming, support, and other services are provided by an active global community and partners network. The community is comprised of more than 1,500 active member...
NetSuite:
NetSuite is the world's leading provider of cloud-based business management software. NetSuite helps companies manage core business processes with a single, fully integrated system covering ERP/financials, CRM, ecommerce, inventory and more.
More than 12,000 high-growth and midsized companies and divisions of large enterprises...
Who is more expensive? Odoo or NetSuite Financials?
The real total cost of ownership (TCO) of Inventory Management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Odoo and NetSuite Financials.
Odoo price starts at $6 per user/month , On a scale between 1 to 10 Odoo is rated 2, which is much lower than the average cost of Inventory Management software. NetSuite Financials price starts at $499 per user/month , When comparing NetSuite Financials to its competitors, the software is rated 2 - much lower than the average Inventory Management software cost.
Bottom line: Odoo cost is around the same cost of NetSuite Financials.
Which software includes more/better features?
We've compared Odoo Vs. NetSuite Financials based on some of the most important and required Inventory Management features.
Odoo: We are still working to collect the list of features for Odoo.
NetSuite Financials: Accounts Payable, Audit Trail, Billing & Invoicing, Budgeting & Forecasting, Cash Flow.
Target customer size
Odoo's typical customers include: SMBs, Netsuite Financials is ideal for businesses of all sizes and has catered to the needs of hundreds of companies.