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By: Anju A.P

Odoo vs NetSuite

The longest yet most intrigued battle of discussion out there of cloud ERPs is Odoo vs NetSuite. Being both in the list of premier ERP solutions, there is always a comparison made between two, figuring out which is best. 


But it’s quite visible and easy to justify that Odoo is a good alternative to NetSuite. In the Odoo vs NetSuite run, it is the Odoo ERP which is the frontrunner always. Many professionals have ascertained that Odoo ERP software can be the most popular NetSuite ERP alternatives because of the extensiveness it showcases. 


Dating back to history, Odoo initially started as an open-source ERP. Later after a span of 12 years, the open-source ERP released its enterprise edition in the name Odoo Enterprise incorporating along an Odoo Store.


Today the Odoo Store comprises 30 main basic modules, in addition, 16,000+ third party Apps/Plugins. The app store stands much ahead of time, fulfilling every minor and major business needs, no matter which industry the business belongs to.  Odoo along with its Odoo app store turns out to be the best alternatives to NetSuite. 


Today Odoo has more than 3.7 million users from communities like SMEs, start-ups and larger enterprises. Odoo can be the best option for many in the future, if businesses feel outgrown from offerings like Zoho, SaP, Freshbooks, etc. 


In case if you are questioned like what is the biggest differentiating factor in Odoo ERP and NetSuite, you can well answer it as- it is the architecture, alongside the access and ownership of data. While NetSuite makes it practically hard to achieve the back up of your data,  or move into something different, Odoo, on the other hand, make it simple, the backup restoring on an independent server.


This differentiation, in addition to the access of Odoo source code, makes Odoo glitter in terms of offering unlimited options or potential. NetSuite comes as Hosted ONLY stage. It primarily makes use of the javascript and "suitescript" in order to add any extra functionality to the application.


Cost is yet another luring factor in Odoo over NetSuite. When compared to Odoo vs NetSuite, NetSuite license fees are huge (almost 4-5x) compared to Odoo licenses, contingent upon the number of modules and users. Also, implementation comes bit easier with Odoo comparing to NetSuite, as Odoo uses Python and XML to develop the application. Compared to finding a Suite Scripter, finding skills in Python is easier as those abilities are substantially more typical and commoditized.


Long list testimonials underscore Odoo as the best ERP for manufacturing, trading, accounting, e-commerce or professional services. With a modern interface and great mobile app performance, Odoo urges NetSuite to revamp and modernize their solution, to get more eyes to it.


If you think the above said is just a covering, you can check Odoo and NetSuite side by side to feel the difference. Have a look at each other’s feature listings and analyze yourself which one fits your needs in a better way. 



Odoo vs NetSuite feature-wise comparison

Inventory Management


1. General


FeaturesOdoo NetSuite
Multi-Warehouse(NetSuite supports multiple companies, but only one warehouse per company.)
Storage Locations (Bins)
Bin Replenishment
Mobile Device Support
Multi-Company
Multi-Currency
Multi-Language

Automatic ASN (Advanced Shipping Notice)
Package Management / Cartoning
Freight Carrier Integration
Manage Consignee Stocks
EDI (Electronic Data Interchange)Available through third-party softwareEDI is available through third-party software

2. Products


FeaturesOdoo NetSuite
Non-Stocked Inventory 
Multiple Variants
Multiple Units of Measure
Inter-class UoM Conversion *
Variant Matrix

3. Traceability


FeaturesOdoo NetSuite
Lots / Serials
Up / Down Traceability
360° Traceability *
Expiration Dates
Cycle Counting

4. Reporting


FeaturesOdoo NetSuite
Inventory Forecasts
Inventory Valuations
ABC Analysis

5. Barcode Support


FeaturesOdoo NetSuite
QR Code SupportOdoo can read QR codes, but third-party software is required to print them
RFID SupportAvailable through third-party add-onsAvailable through third-party add-ons
Lots / Serial Numbers
Receptions
Picking
Internal Moves
Delivery Orders
Inventory Adjustments

6. Routings


FeaturesOdooNetSuite
FIFO / LIFO
Customizable Routes *
Putaway Strategies
Wave Picking
Batch Picking
Zone Picking
Cluster Picking
Cross-Docking
Putaway Location By Size, Weight, & Capacity

Supply Chain


1. General


FeaturesOdooNetSuite
Vendor Data Management
Vendor Pricelist Management
Inbound Quality Control
Drop shipping

2. Purchases


FeaturesOdooNetSuite
Purchase Requests
Purchase Orders
Purchase Approval Workflow
Request for Quotations
Contracts / Purchase Agreement

3. Automated Procurements


FeaturesOdooNetSuite
Minimum Stock Rules*
Make-to-Order
Master Production Schedule

Manufacturing


1. General


FeaturesOdooNetSuite
Master Data
Multi-Level BoM
Byproducts / Coproducts
Routings
Subassemblies
One BoM for Multiple Product Variants
BoM versions
Multiple BoM / Routing *

2. Planning


FeaturesOdooNetSuite
Demand Forecasting
MRP I Scheduler
MRP II Scheduler *
Master Production Schedule
Gantt Chart Scheduling w / Drag & Drop
Kanban Planning
Production Calendar
Infinite Capacity Scheduling
Finite Capacity Scheduling
Available to Promise
Multiple Scheduling Plans
Delivery Date Calculation (Backwards Scheduling)
Production Order Splitting / Merging

2. Operations


FeaturesOdooNetSuite
Manufacturing / Production Order
Job Tracking
Work Orders / Operations
Automated Time Tracking
Disassembly Orders
Subcontract Manufacturing
Rework / Repair
Scrap
Disposal Strategies
Kits
Edit Individual Production BoMs

3. Costing


FeaturesOdooNetSuite
Perpetual Inventory Valuation *
Periodic Inventory Valuation *
Standard Price
FIFO
Landed Costs
Actual Production Labor
Production Order Costing

4. Shop Floor Control


FeaturesOdooNetSuite
Shop Floor Terminals
Production Activities
Non-Production Activities *
Time Tracking
Messages on Work Orders
Barcode Support
Equipment / Machine Management
Work Instructions on Work Orders
Maintenance Requests from Shop Floor Terminal

4. Human Resource


FeaturesOdooNetSuite
Schedule Management
Touchscreen Attendance
Timesheets
Breaks
Overtime
Vacation / Injury

5. Reporting and Forecasting


FeaturesOdooNetSuite
Overall Equipment Efficiency
Work Time
Demand Forecast
Maintenance KPIs
Production Costs Analysis
Up / Downstream Traceability
Analytic Accounting
CSV Export
Dynamic Pivot Tables
Dashboards
Save Custom Reports
Maintenance


1. Scheduling and Request Handling


FeaturesOdooNetSuite
Schedule Preventive Maintenance
Maintenance Kanban
Maintenance Calendar
Shop Floor Integration
Multiple Teams / Sites
Asset Management
Subcontract Repair
Job Tracking

2. Parts Management


FeaturesOdooNetSuite
Inventory Management
Purchasing Integration
Rotating Asset Location
Equipment Serial Numbers
Equipment Maintenance History

Dealer Portal

QMS


1. Quality Control


FeaturesOdooNetSuite
At Reception
In-Process
Before Delivery
Inventory Quarantine

2. Quality Checks


FeaturesOdooNetSuite
Quality Control Plan
Pass / Fail Checks
Measurement Checks
Quality Alerts / Nonconformance Documents
Print Nonconformance Documents
Corrective Actions

2. ISO9001 Tools


FeaturesOdoo NetSuite
Documentation Management
Customer Satisfaction Surveys
Customer Complaints Management
Traceability of Operations
Resources Management

3. Reports


FeaturesOdooNetSuite
Non-conformance CostsMostlyincluded as part of OEE Report

4. Product Lifecycle Management


FeaturesOdooNetSuite
Engineering Change Orders (ECOs)
BoM Version Management
Routing Version Management
MRP Integration
Centralized BoM Management

5. ECO Management


FeaturesOdooNetSuite
Approval Workflows
BoM Version Difference Viewer
Bulk BoM Updates
Notification Mechanism
Project eMail Gateway
ECO Costing

6. Third-Party CAD Integrations


FeaturesOdooNetSuite
AutoCAD
SolidWorks
Autodesk
Regardless of whether you pick Odoo, NetSuite or any other ERPs out there, understand this is going to be a crucial step of your business and most important investment your company will make. Therefore, go with a properly designed and well-structured project plan to get the anticipated results. Take the help of professionals like Official Odoo Partners to perform your Odoo Implementation or Odoo Customization.





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