Odoo vs. Netsuite - Is Odoo The Clear Winner?

Opting for the right solution needs consideration of several factors with innumerable ERP solutions flooding in the market. The choice of cloud hosting and local hosting is a significant factor for businesses. A cloud-hosted ERP provides small and medium-sized enterprises a server with many benefits over a conventional local-server based ERP. A cloud-based ERP is typically more scalable and can adapt to an ever-changing business model. Also, the initial investment and maintenance costs of a cloud storage solution are considerably lower since they are mostly in the license charge.

A Prolonged Battle


The most prolonged & most sensational battle of the cloud ERPs has been and will remain Odoo v.s. NetSuite shortly. Both are the top choices while considering premier ERP solutions. Comparisons between the two are always drawn with strong arguments for both options.

It becomes evident that Odoo is an excellent alternative to NetSuite when you explore technological infrastructure, versatility, UI / UX, and each solution’s price. For each dollar you spend with Odoo, you can expect to get much more value than NetSuite.

Odoo for SMEs

With Odoo's target market being small and medium enterprises (SMEs), it's no wonder that dozens of businesses opt for Odoo over NetSuite. Many IT experts have said that Odoo, given its price point, and the technological independence and versatility, it offers to companies as they grow in the rapidly evolving global scenario today, is the future of business technology.

Let’s compare the two:

BASIS	ODOO	Netsuite
Customer Relationship Management	With emails and reviews, Odoo handles customer contact. It also makes it possible for prospective clients to become actual and frequent clients.	To maximize revenue by predictions, it provides a real-time view of the customer's information.
Sales	Electronic signatures are used for sales confirmation. Also, it gives customers enticing discounts.	It supports global sales management. It also handles opportunities by reading the customer’s purchasing processes and meets the order’s specifications by testing their availability.
Purchase	Compare the price indexes of various providers and then buy at the best price.	Oversees the availability of the vendors and manages the consistent flow.
Inventory	Send a purchasing request by evaluating inventory level, market availability, and production orders.	Manages a seamless supply of the inventory by keeping track of inventories at several locations.
E-commerce	Generate custom pages for e-portals, monitor, and access orders & invoices while supporting customers.	Comes with multi-currency & multi-language features. It encourages both B2C & B2B type businesses.
Accounting	Develops a balance sheet, revenue reports, and cash flow reports. Also, Odoo is efficient in bank synchronization.	It primarily ensures that global standards and regulations are focused on during accounting processes.
Invoices	It generates professional invoices for the customers; It is much easier to read & comprehend. It also includes the details about their order.	It provides customer invoices & gives precise data. In addition to that, email invoicing is also available.

End Note:

The basic features have been compared above, and as mentioned before, Odoo is a much better ERP solution for SMBs. Netsuite ERP vs. Odoo is a rivalry that will keep raging on, though. If you require the Best Odoo services, Ksolves can provide you with top-notch consulting services. Consult us today!