NetSuite OneWorld Review - why 3.8 stars?

NetSuite OneWorld Review
ITQlick Score: 93/100
ITQlick Rating: (3.8/5)
Pricing: 4.6/10 - average cost
Category: ERP -> NetSuite OneWorld
Ranking:Ranked 2 out of 272 ERP systems
Company: NetSuite
Pricing: starts at $499 per month
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Cloud
Links: NetSuite OneWorld pricing, NetSuite OneWorld alternatives
Shlomi LaviShlomi Lavi / updated: May 01, 2021

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. Learn more by reading our advertiser disclosure.

What is NetSuite OneWorld?

NetSuite OneWorld is an ERP software solution that delivers real-time business-wide management. It offers a number of features that include a secure portal and analytics that allows companies to better manage their channel relationships. The services resource planning module handles the complete services lifecycle from marketing to billing, project management, service delivery and revenue management.

It also enables users access to financial, customer and business data worldwide. Other features include sales forecasting, quote and order management, incentive compensation management among others. NetSuite OneWorld software is a product of NetSuite, which is a company based in the United States.

What is NetSuite OneWorld rating? ()

The rating of NetSuite OneWorld is 3.8 stars out of 5 and the total score is 93 out of 100. The ratings are based on our unbiased experts. Learn more in our rating methodology page

Who are NetSuite OneWorld's typical customers?

NetSuite OneWorld was developed with the idea to serve multinational enterprises and companies with multiple subsidiaries. Since OneWorlds launch, NetSuite Inc.has been focusing on offering its services to middle market companies and divisions of larger companies.

Companies currently using OneWorld can be found in software design, manufacturing, wholesale distribution and non-profit sectors. Some example customers include Solarwinds, Advantage Sign Supply, RedBuilt, Wrigleyville Sports, Niner Bikes, Gawker Media, San Diego Futures Foundation and KIVA.

Is NetSuite OneWorld the best ERP?

NetSuite OneWorld is ranked 2 out of 272 software in their category (ERP systems).

What are their main features and functionalities?

NetSuite OneWorld was designed to assist companies in increasing growth. It is a powerful tool when it comes to handling businesses with large and complex structure, allowing managing multiple business units at multiple locations or countries, accelerating financial consolidation and easily handle multiple currencies and taxation rules.

In addition, OneWorld will streamline back-office processes such as financial period close, order-to-cash, revenue recognition, budgeting and forecasting, and global financial recognition.

What are NetSuite OneWorld's pros? (5 Pros)

  • The system has multinational enterprise support
  • The software is an all-in-one enterprise management
  • The system is an on-demand and cloud-based solution
  • Planning, forecasting and budgeting functionality has been simplified
  • NetSuite OneWorld can also be utilized for core accounting tasks such as payment management, accounts receivable and payable, and general ledger

What are NetSuite OneWorld's cons? (2 cons)

  • More functions should be added
  • The product turns out to be quite expensive for Small businesses and even for mid-size companies

Who are their main alternatives?

The two main competitors of NetSuite OneWorld software include Infor CRM and SAP CRM Solutions. Infor CRM is a customer relationship management solution for managing relationships and information while NetSuite OneWorld is an ERP software solution that delivers real-time business-wide management. Based on the online reviews, Infor CRM software has been awarded a 4-star rating while NetSuite OneWorld has been awarded a 4.5 rating.

NetSuite OneWorld software is ideal for medium and large businesses while Infor CRM software is an ideal solution designed to support small, medium, and large businesses. SAP CRM is a customer relationship management solution for business processes while NetSuite OneWorld is an ERP software solution that delivers real-time business-wide management.

While SAP CRM software offers deployment flexibility as it can either be installed on-premise or hosted on the cloud while HRM Direct solution can only be deployed on cloud. Based on the online reviews, SAP CRM software has been awarded a 3.5-star rating while NetSuite OneWorld has been awarded a 4.5 rating

What is the cost of NetSuite OneWorld?

The cost of license starts at $499 per month. On top of the total cost of licenses which is easy to calculate - what is the REAL total cost of implementation? You need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 4.6 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for NetSuite OneWorld

What should you ask NetSuite during a demo session? (65 questions)

Schedule a demo with NetSuite OneWorld and access 65 must ask questions for the vendor while watching NetSuite OneWorld in action. Visit the vendor's website here.

Is it the right software for you?

NetSuite OneWorld software is suitable for medium and large businesses. It caters to multiple specialties including finance and insurance, consulting firms, distribution, and service industries among others.

List of categories

Accounting & Finance
Budgeting & CPM
ERP
Engineer-to-Order Manufacturing

List of features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Cash Flow
E-commerce
Fixed-Assets
General-Ledger
Sales Reporting
Time & Expense
Business Intelligence Module
CRM Module
Inventory Management Module
Project Management Module

NetSuite OneWorld Vs. Alternatives

ITQlick rating
Score
Pricing
License pricing
Functionality
Review
Compare
NetSuite
ITQlick rating
3.8/5
Score
93/100
Pricing
4.6/10
License pricing
$499 per month
Functionality
18
Compare
SAP
ITQlick rating
4/5
Score
97/100
Pricing
10/10
License pricing
$94 per user/month
Functionality
44
Review
Global
ITQlick rating
4.2/5
Score
93/100
Pricing
4.6/10
License pricing
Pricing not available
Functionality
67
Review
OptiProERP
ITQlick rating
2.8/5
Score
92/100
Pricing
2/10
License pricing
$700 per license
Functionality
26
EnterpriseIQ
ITQlick rating
4.4/5
Score
92/100
Pricing
3.8/10
License pricing
Pricing not available
Functionality
39
Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.