Which is better Odoo Vs Netsuite?

The software applications that a corporate organization 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 customized. 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
Electronic Signatures
Online Payment
Quotation Templates
Upselling & Cross Selling
Subscription Management
In-Store Sales
Point of Sale (retail)
Point of Sale (restaurant)
Online Sales
eCommerce
eBay Integration

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

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

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

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

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

Services & Projects	NetSuite	Odoo Enterprise
Basic Project Management
Lean Approach/Kanban View
Planning
Customer Oriented
Helpdesk/Support
Timesheets
Email Integration

Human Resources	NetSuite	Odoo Enterprise
Recruitments
Appraisals
Leaves/Holidays
Fleet Management
Payroll
Fleet Management
Expenses
Salary Configurator

Via Ref Link : https://www.geminatecs.com/blog/odoo-vs-sage