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Compare Odoo Vs Netsuite

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 The software applications that a corporate organisation chooses to use are a critical component of its        success. Furthermore, due to budget limits, this decision is especially important for small and medium-   sized businesses.

Why choose Odoo over Netsuite?

Netsuite and Odoo are two ERP systems that can be run in the cloud. Odoo does, however, support on-premise hosting for users that want to work locally. Although the capabilities of Odoo and Netsuite are similar, Odoo ERP appears to have a slight advantage over the other. Furthermore, Netsuite's modification capabilities are limited in comparison to Odoo, which can be flexible to operate in any kind of business.


In comparison to Odoos HR administration, one of the important characteristics that Netsuite lacks is advanced HR management, which is limited in feature. Furthermore, operations in Odoo are governed by specific platform modules, whereas Netsuite software is constrained. However, the Netsuite module can be acquired independently, allowing some flexibility but not at the expense of Odoo's scalability and customization. Furthermore, while comparing the background and success rate, Odoo has over 7 million users, which is significantly more than Netsuite's 30,000+ users.


NetSuite


Oracle NetSuite is a cloud-based Enterprise Resource Planning system designed for mid-sized to large businesses. Netsuite offers the following business management products:


1.Inventory, supply chain, and financials are all handled by NetSuite ERP.

2. NetSuite CRM (Customer Relationship Management) for sales and marketing

3. NetSuite Commerce, which may be used for both online and in-person sales.

4. Project management with NetSuite PSA


The ERP's versatility is enhanced by the fact that each product must be acquired independently. Furthermore, NetSuite offers a separate version of its platform for multinational companies called OneWorld, which combines all of the above products with aspects of multinational company management like handling company branches, multi-currencies, multi-accounting standards, tax specifications, and so on. In addition, the SuiteApp for Netsuite offers over 300 applications to meet a variety of user requirements. Furthermore, barely 30,000+ people have downloaded the app.

Odoo Enterprise

Odoo is a free open-source ERP that comes in two editions: community and enterprise. The community edition has less functionality and cannot be customised. Furthermore, the edition is appropriate for businesses with a small number of employees. The enterprise editions, on the other hand, are packed with features and may be tailored to meet specific corporate requirements

Sales

NetSuite
Odoo
Enterprise
B2B Sales
Quotes to Orders check check
Electronic Signatures times check
Online Payment check check
Quotation Templates times check
Upselling & Cross Selling check check
Subscription Management check check
In-Store Sales
Point of Sale (retail) check check
Point of Sale (restaurant) times check
Online Sales
eCommerce check check
eBay Integration times check

CRM

NetSuite
Odoo
Enterprise
Sales Flow
Leads Nurturing check check
Lead Scoring check check
Leads Management check check
Opportunities Management check check
Pipeline Management check check
Third Party Management check check
Communication Tools
Customer Multi-Address check check
Calls / Meetings / Mail check check
VOIP times check
Email Integration check check
Live Chat times check
Full Customer History check check
Email Templates check check
Opportunities Analysis check check

Accounting & Finance

NetSuite
Odoo
Enterprise
Internal Process
Analytic Accounting check check
Alerts times check
Budgets check check
Expenses check check
Assets Management check check
Real-Time Inventory Valuation check check
Analytic Reports check check
Daily Operations
Bank Interface / Automatic Sync times check
Quick Reconciliation times check
Deferred Revenues times check
Checks Management check check
Invoice Management
Invoicing Management check check
Batch Send times check
Third Party Follow-Up times check
Payment Automation (SEPA) check check
International
International times check
Multi-Company check check
Multi-Currency check check

Marketing

NetSuite
Odoo
Enterprise
Actions
Mass Mailing check check
Blog / SEO / Web Pages check check
Events times check
Marketing Automation check check
Drag & Drop Page Editor times check
Marketing Campaign check check
Contacts Segmentation check check
Follow-up
Survey times check
Keyword Marketing check check
Visitors Tracking check check
Checks Management check check
Social Media Management times times

Manufacturing

NetSuite
Odoo
Enterprise
Manage
MRP check check
Routings check check
Order of Assembly check check
Costing check check
PLM check check
Work Sheets times check
Traceability check check
Quality Management check check
Maintenance times check
Tablets on Work Center times check
Feedback Loop times check
Overall Equipment Effectiveness (OEE) times check
IOT Out-of-the-box times check
Repairs Management times check
Schedule & Plan
Scheduling check check
Product Variants check check
Multi-Level BOMs check check

Purchase

NetSuite
Odoo
Enterprise
Purchase
Request for Quotation (RFQ) check check
Purchase Tender times check
Pricing & Discounts check check
Fulfillment
Make-to-Order (MTO) check check
Minimum Stock Rule check check
MPS times check
Manage
Invoice Control check check
Reception Control check check

Services & Projects

NetSuite
Odoo
Enterprise
Basic Project Management check check
Lean Approach/Kanban View times check
Planning times check
Customer Oriented
Helpdesk/Support check check
Timesheets check check
Email Integration check check

Human Resources

NetSuite
Odoo
Enterprise
Recruitments check check
Appraisals times times
Leaves/Holidays check check
Fleet Management times check
Payroll check times
Fleet Management times check
Expenses check check
Salary Configurator times check



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