NetSuite OneWorld Review - why 3.8 stars?

Shlomi LaviShlomi Lavi / updated: Jul 14, 2020

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What is NetSuite OneWorld?

Main category: ERP

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.

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 rating and score are based on ITQlick expert review. We publish unbiased reviews, learn more in our score and rating methodology page

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.

Features

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.

NetSuite OneWorld 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

NetSuite OneWorld 2 Cons

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

Competitors & 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 . The full list of competitors can be found here.

NetSuite OneWorld Pricing Information

The cost of license starting from $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

Questions to ask the vendor during a demo

Schedule a demo with NetSuite OneWorld and access 25 must ask questions for the vendor while watching NetSuite OneWorld in action.

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.

NetSuite OneWorld Categories

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

NetSuite OneWorld specifications

ITQlick Score: 93/100
ITQlick Rating: (3.8/5)
Company: NetSuite
Address: NetSuite Inc, Campus Drive, San Mateo, CA
Pricing: Starting from $499 per month
Website:Visit NetSuite OneWorld website
Typical customers: Small business, Medium business, Large business
Platforms: Desktop, Cloud
Operating Systems: Mac OS, Windows, Linux

NetSuite OneWorld 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 ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100 score, based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 score, based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
NetSuite
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
93/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
4.6/10
License pricing license pricing (if provided by the software vendor)
$499 per month
Functionality score
18
Software review
SAP
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
97/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
10/10
License pricing license pricing (if provided by the software vendor)
$94 per user/month
Functionality score
44
Software review
Global
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
93/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
4.6/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Functionality score
67
Software review
OptiProERP
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
92/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2/10
License pricing license pricing (if provided by the software vendor)
$700 per license
Functionality score
26
Software review
EnterpriseIQ
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick Score
92/100
Pricing score Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
3.8/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Functionality score
39
Software review
Author
Shlomi Lavi - admin

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.