IQMS Enterprise IQ vs NetSuite OneWorld comparison

IQMS and NetSuite are both solutions in the ERP category. IQMS is ranked #29, while NetSuite is ranked #22 with an average rating of 8.0. IQMS holds a 0.6% mindshare in ERP, compared to NetSuite’s 0.3% mindshare. Additionally, 100% of IQMS users are willing to recommend the solution, compared to 93% of NetSuite users who would recommend it.

IQMS Enterprise IQ

Read 1 IQMS Enterprise IQ review

448 Views
269 Comparison Views

100% willing to recommend

NetSuite OneWorld

Read 15 NetSuite OneWorld reviews

258 Views
210 Comparison Views

93% willing to recommend

IQMS Enterprise IQ

NetSuite OneWorld

Comparison Buyer's Guide

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Executive Summary

We performed a comparison between IQMS Enterprise IQ and NetSuite OneWorld based on real PeerSpot user reviews.

Find out what your peers are saying about SAP, Microsoft, Oracle and others in ERP.

To learn more, read our detailed ERP Report (Updated: April 2025).

Buyer's Guide

ERP

April 2025

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Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Categories and Ranking

IQMS Enterprise IQ

Ranking in ERP

29th

Average Rating

8.0

Number of Reviews

Ranking in other categories

No ranking in other categories

NetSuite OneWorld

Ranking in ERP

22nd

Average Rating

8.4

Reviews Sentiment

7.4

Number of Reviews

Ranking in other categories

No ranking in other categories

Mindshare comparison

As of May 2025, in the ERP category, the mindshare of IQMS Enterprise IQ is 0.6%, up from 0.4% compared to the previous year. The mindshare of NetSuite OneWorld is 0.3%, down from 0.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.

ERP

Featured Reviews

Vasanth Rajendran

Retired at Retired

Allows customization for production and has good sales, distribution, and quality management features

Previously, we were using a very small ERP called Visual Udyog. Visual Udyog is a very cheap solution. For a startup company, it's useful. It's not an elaborate ERP, but it gives at least 25% of what IQMS gives. It can give 25% or even close to 50% of what IQMS can give and at 10% of the cost. Initially, for the first five years of the company, where it has only one million turnover or two million turnover, it is enough. Once you want to scale up, you have to go to SAP or IQMS. I also worked with SAP. I would say that IQMS and SAP go hand-in-hand.

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Antonio Lira

Territory Manager LATAM at LeaseWeb

Seamless subsidiary operation visibility with efficient accounting consolidation

One of the most valuable features that I appreciate is the ability to consolidate operations across subsidiaries, which makes accounting consolidation great. The multicurrency reevaluation offered by OneWorld enables consolidation from different branches, such as country or continent levels, making it a powerful feature. Additionally, there is visibility into all operations within the subsidiaries, facilitating awareness of sales, purchases, and manufacturing activities.

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Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Pros

"This solution has all of the features you need: sales, distribution, supply chain. It has logistics and production management capabilities. It has so many modules, which were integrated using our expertise."

"Allows us to use it the way we need to instead of changing our needs and processes to fit the product."

"Lowers costs, produces higher efficiencies, while maintaining a leaner staff and produces advanced financials."

"The ability to customize it to create custom fields that are reportable, and then to be able to write script behind it to automate other processes that might otherwise be manual is great."

"Inventory management in NetSuite OneWorld is one of the best in the industry, so this feature is what I like most about the solution."

"Utilizes best practices that are simple to implement."

"The executive dashboards have satisfied the founders and leadership with up to the minute information. This allows them to make high level decisions."

"The solution is scalable."

"One of the most valuable features that I appreciate is the ability to consolidate operations across subsidiaries, which makes accounting consolidation great."

More NetSuite OneWorld pros

Cons

"Setup is very complex."

"Currently, NetSuite OneWorld needs to be more mature, especially compared to SAP."

"I don’t like the SaaS models. Of course, they make the tool powerful enough to run a billion-dollar business. The tool is cheaper than SAP or Core."

"In NetSuite OneWorld, what needs improvement is the production planning functionality."

"There is not a 20 year pedigree of pharma experience in the NetSuite channel. While there are many of these CMO Pharma companies rapidly moving to NetSuite, there are few consultants with true pharma experience. Those who have experience are stretched pretty thin."

"If you were to use standard costs, it doesn't handle standard costs well."

"Some entities are not available for multiple subsidiaries, which requires duplication."

"I hope NetSuite OneWorld introduces features like support for different pricing models, including packaging options, and improved production planning tools in the future."

"NetSuite OneWorld, the consolidation feature has been incredibly valuable. However, I cannot speak to the full range of features and functionalities offered by OneWorld as I am not familiar with all of them. I have utilized OneWorld primarily in the biotech industry, with a focus on operating expenses and financial reporting, such as capital contributions and foreign currency adjustments. I am confident, however, that OneWorld offers a robust module for reporting and consolidating revenue, though I have not had the opportunity to directly utilize this aspect of the software."

More NetSuite OneWorld cons

Pricing and Cost Advice

"We paid about 20% with the purchase order. Six months later, we paid another 20%, and then another 20% after another six months. We paid the remaining 40% after 18 months."

"NetSuite offers a great many advantages, including a cost of about third of the traditional pharma manufacturing ERP packages."

"NetSuite OneWorld tends to be pricey. The decision to allocate a budget for this solution ultimately rests with the management and negotiating team, and I am not typically included in these discussions. Nonetheless, the information I've received leads me to believe that it is a costly platform. There are not any additional costs that I am aware of."

"Good solution for the price, but hire a skilled project manager to handle the technical setup."

"I would rate the pricing of the solution somewhere around six or seven out of ten. I don’t like the SaaS models. Of course, they make the tool powerful enough to run a billion-dollar business. The tool is cheaper than SAP or Cor"

"Do not try to go it alone. Get a consultant who has been there and listens."

"NetSuite OneWorld is much less expensive for a very small to medium-sized business. Still, when you grow into an enterprise-level company, the price increases, but as long as you plan and know that going in, it's manageable."

"Measure twice, cut once."

"The tool is an expensive cloud application. It charges per license. We pay around 50 euros per month for a full user, and for 70 users, we pay around 120,000 euros per year. Maintenance and support are included in the full cloud license."

More NetSuite OneWorld pricing and cost advice

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Top Industries

By visitors reading reviews

Manufacturing Company

24%

Computer Software Company

14%

Healthcare Company

11%

Financial Services Firm

Computer Software Company

14%

Retailer

11%

Healthcare Company

Financial Services Firm

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

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What do you like most about NetSuite OneWorld?

The solution has helped us save money by reducing the number of people needed for delivery, finance, and customer service. We now better understand our stock and purchases, and our sales team can a...

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What is your experience regarding pricing and costs for NetSuite OneWorld?

The pricing is tricky because official price lists are often not used due to discounts. In Latin America, discounts can be as high as seventy percent.

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What needs improvement with NetSuite OneWorld?

The performance could be improved as this is a 100% software as a service platform. If a faster solution is desired, a separate dedicated machine must be hired, which is not what customers necessar...

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Comparisons

SAP ERP vs IQMS Enterprise IQ

Compared 46% of the time

Oracle E-Business Suite vs IQMS Enterprise IQ

Compared 33% of the time

NetSuite ERP vs IQMS Enterprise IQ

Compared 21% of the time

More IQMS Enterprise IQ Competitors

NetSuite ERP vs NetSuite OneWorld

Compared 95% of the time

JD Edwards EnterpriseOne vs NetSuite OneWorld

Compared 5% of the time

More NetSuite OneWorld Competitors

Product Reports

Buyer's Guide

ERP

April 2025

Download IQMS Enterprise IQ product report

Buyer's Guide

NetSuite OneWorld

April 2025

Download NetSuite OneWorld product report

Also Known As

Enterprise IQ

No data available

Overview

IQMS provides manufacturers with a reliable, real-time Enterprise Resource Planning (ERP) software developed especially for manufacturing processes. Whether you are a small, single plant manufacturer or a large multi-plant, global manufacturer, IQMS has a manufacturing-specific ERP solution to fit your needs. Due to the comprehensive nature of the system, the EnterpriseIQ ERP Software solution becomes the backbone for manufacturers to monitor, track, trace and communicate business and manufacturing activities and data throughout the supply chain faster than any other software on the market today. The scalable, modular architecture of EnterpriseIQ provides manufacturers the flexibility to take advantage of more advanced ERP software and manufacturing software features and functionality when needed.

IQMS

A comprehensive web-based solution, NetSuite is the industry's first and only Software-as-a-Service (SaaS) business software that supports your entire company from accounting/enterprise resource planning (ERP) to customer relationship management (CRM), professional services automation (PSA) and eCommerce in a single, integrated and powerful business management software solution.

NetSuite

Sample Customers

Poly-Cast, Custom Profile, Nicolet Plastics, Double H Plastics Inc., Network Plymers, Load Trail, Mar-Bal Inc., Donnelly, Steinwall Scientific, Nissen Chemitec America, Miniature Precision Components

Lovesac, Land O'Lakes, Shaw, Kiva, SRS Acquiom, CommVault, Thomas Baker

Find out what your peers are saying about SAP, Microsoft, Oracle and others in ERP. Updated: April 2025.

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