NetSuite OneWorld vs Oracle Fusion Cloud ERP comparison

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NetSuite Logo
581 views|451 comparisons
92% willing to recommend
Oracle Logo
2,838 views|2,084 comparisons
97% willing to recommend
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Executive Summary

We performed a comparison between NetSuite OneWorld and Oracle Fusion Cloud ERP 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 2024).
768,740 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"Inventory management in NetSuite OneWorld is one of the best in the industry, so this feature is what I like most about the solution.""Lowers costs, produces higher efficiencies, while maintaining a leaner staff and produces advanced financials.""NetSuite is a great solution, fast to bring up and makes everyone's life easier.""The solution is scalable.""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.""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.""Allows us to use it the way we need to instead of changing our needs and processes to fit the product."

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"The solution is scalable and very stable. You don't need to worry about the underpinning infrastructure.""I find the most valuable feature for the solution to be the company is always evolving by making the product better with continual updates.""It is easy and very convenient for clients to go to the front end and check whatever update they want to look at.""I like the tool’s financial and human capital management features.""It provides our management a real-time view of operations.""I find that the overall framework and database structure is quite comprehensive.""Oracle ERP Cloud is a stable solution.""The user interface is the best feature."

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Cons
"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.""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.""The solution could improve by having more integration.""Project collaboration through Dashboard Business Management and Relations Management is easy to perform, but it does need to be worked on as it is difficult for customers, suppliers, and internal users to use.""In NetSuite OneWorld, what needs improvement is the production planning functionality.""The Project Management User Interface is lacking.""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.""Certain analytics features are missing that I've come to expect from other systems. Additionally, there are occasional issues with data accuracy that need to be addressed. Overall, deeper analytics capabilities would greatly improve the tool's usefulness for me."

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"The solution should implement improvements with AI technology. Specifically, in the realm of ERP tools, this can be particularly beneficial, not only for cloud-based systems but for all types of tools. Additionally, a highly desirable feature is the ability to work offline.""Oracle ERP Cloud needs to be more mature, especially in terms of some advanced modules, such as manufacturing, supply chain planning, and production.""The main thing Cloud ERP could improve is usability. However, it's not just an issue with Oracle. Most ERP solutions are not very user-friendly, so I think that could be the key improvement.""There are integration issues and a lack of flexibility within OIC. When integrating systems, the process feels rigid and linear.""The interface could be improved in future releases.""You need a lot of knowledge to set up Oracle ERP Cloud.""We have had concerns about the security and flexibility of the application. The approach with Oracle ERP Cloud should be more holistic rather than user or computer-based.""The stability is not as good as Informatica, but this is very good."

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Pricing and Cost Advice
  • "Consider the roles of the employees who will use NetSuite and identify any groups who will only utilize the employee center. These licenses are cheaper and will reduce costs significantly."
  • "Measure twice, cut once."
  • "​Good solution for the price, but hire a skilled project manager to handle the technical setup.​"
  • "Do not try to go it alone. Get a consultant who has been there and listens."
  • "NetSuite offers a great many advantages, including a cost of about third of the traditional pharma manufacturing ERP packages."
  • "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."
  • "NetSuite OneWorld has fair pricing. It was not very expensive, so price-wise, I'm rating it as five out of ten."
  • "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."
  • More NetSuite OneWorld Pricing and Cost Advice →

  • "It is too costly."
  • "The solution is expensive and there are some services that are extra costs."
  • "For an ERP Cloud, the pricing is relatively high."
  • "We have an annual license with Oracle, however if we need additional features we do pay for them."
  • "The pricing for Oracle ERP Cloud is on par with other top solutions."
  • "In a developing country such as Bangladesh, Oracle ERP Cloud is expensive compared to on-premise solutions, so the turnover is very low. Customers become more comfortable using on-premise services because of the high subscription costs of Oracle ERP Cloud."
  • "The price of the solution is expensive. There are additional costs associated with this particular case that must be taken into consideration when calculating the overall expense. These costs may include but are not limited to, additional materials, labor, and other miscellaneous expenses that may arise during the course of the project. It is important to note that these additional costs may exceed the initial pricing estimate."
  • "We pay additional costs to a consulting company."
  • More Oracle Fusion Cloud ERP Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:We've set up Jira integration and used robotic process automation (RPA) to streamline various processes, like procurement and invoicing. Some processes still require manual approval, like supplier… more »
    Top Answer: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… more »
    Top Answer:Certain analytics features are missing that I've come to expect from other systems. Additionally, there are occasional issues with data accuracy that need to be addressed. Overall, deeper analytics… more »
    Top Answer:I use Oracle ERP Cloud for implementation support.
    Top Answer:I'm not aware of the Oracle Fusion Cloud ERP pricing details because I don't have information about it before deployment.
    Top Answer:The Oracle ERP Cloud accounts payable could be improved.
    Ranking
    14th
    out of 68 in ERP
    Views
    581
    Comparisons
    451
    Reviews
    7
    Average Words per Review
    686
    Rating
    8.5
    2nd
    out of 18 in Cloud ERP
    Views
    2,838
    Comparisons
    2,084
    Reviews
    18
    Average Words per Review
    359
    Rating
    8.2
    Comparisons
    Learn More
    Overview
    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.

    Oracle Fusion Cloud ERP offers a complete, innovative, and proven solution for organizations of all sizes. Oracle Fusion Cloud ERP is a comprehensive, modern solution on a single cloud platform that includes built-in industry standards and modern best practices. 

    Oracle Fusion Cloud ERP provides your teams with advanced capabilities, such as AI to automate the manual processes that slow them down, analytics to react to market shifts in real time, and automatic updates to stay current and gain a competitive advantage.

    Designed with scalability in mind, Oracle Fusion Cloud ERP manages core business areas including:

    • Accounting
    • Financial planning and analysis
    • Financial close
    • Revenue recognition
    • Risk management
    • Compliance and governance
    • Procurement
    • Project planning and execution
    • Inventory and supply chain
    • Product lifecycle

    ERP software is the backbone of many organizations and Oracle offers a modern, connected approach combined with the ease and flexibility of the cloud. Oracle Fusion Cloud ERP delivers the functionality, analytics, security, mobile capabilities, and social collaboration tools needed to run a business today.

    Why Customers Choose Oracle Fusion Cloud ERP:

  • Predict, detect, and act on new situations

    No one likes big deltas between forecasts and actuals. Most models though are too limited, relying on sample datasets or just gut feel. Oracle Cloud ERP introduces machine-learning to predictive planning and forecasting so you can utilize broader datasets, reveal hidden bias, uncover significant deviations, and speed your overall response time.

  • Automate and eliminate your manual business processes

    Spend less time compiling data and more time understanding what it tells you. Whether preparing your narrative for the street or assessing potential M&A activity, Oracle Cloud ERP gives your team more time for strategic work by automating the most time-consuming, mundane business processes. With AI, up to 96% of transactions can be automated.

  • Simplify and speed everyday work

    Oracle’s AI-powered digital assistant simplifies and speeds common tasks, allowing you to ask simple questions like “what’s the status of my open purchase requisitions?” and “what reconciliations are due today?” Personalized tasks like invoices or over-budget notifications are delivered to you proactively, so approvals move faster too.

  • Launch new business models, faster

    Staying ahead of customer trends and emerging competitors gets harder every day. With Oracle cloud ERP, it's easier to identify and launch new business models—and monitor results in real time so you can constantly refine your approach. Paired with machine learning insights like customer churn, you'll predict and avoid problems before they can do harm.

  • Sample Customers
    Lovesac, Land O'Lakes, Shaw, Kiva, SRS Acquiom, CommVault, Thomas Baker
    Grupo Aeromexico SAB de CV, Australian Finance Group Ltd., Shelf Drilling Ltd., Boise State University, The Rancon Group, Arin Innovation, PROMATIS software GmbH, KBBO, Delaware Life Insurance, Worthington Industries, Solairus Aviation
    Top Industries
    REVIEWERS
    Energy/Utilities Company29%
    Manufacturing Company29%
    Marketing Services Firm14%
    Construction Company14%
    VISITORS READING REVIEWS
    Computer Software Company16%
    Healthcare Company10%
    Manufacturing Company9%
    Retailer7%
    REVIEWERS
    Computer Software Company31%
    University13%
    Energy/Utilities Company13%
    Engineering Company6%
    VISITORS READING REVIEWS
    Educational Organization40%
    Computer Software Company8%
    University6%
    Financial Services Firm5%
    Company Size
    REVIEWERS
    Small Business69%
    Midsize Enterprise15%
    Large Enterprise15%
    VISITORS READING REVIEWS
    Small Business38%
    Midsize Enterprise12%
    Large Enterprise50%
    REVIEWERS
    Small Business40%
    Midsize Enterprise17%
    Large Enterprise43%
    VISITORS READING REVIEWS
    Small Business14%
    Midsize Enterprise45%
    Large Enterprise41%
    Buyer's Guide
    ERP
    April 2024
    Find out what your peers are saying about SAP, Microsoft, Oracle and others in ERP. Updated: April 2024.
    768,740 professionals have used our research since 2012.

    NetSuite OneWorld is ranked 14th in ERP with 13 reviews while Oracle Fusion Cloud ERP is ranked 2nd in Cloud ERP with 34 reviews. NetSuite OneWorld is rated 8.4, while Oracle Fusion Cloud ERP is rated 8.2. The top reviewer of NetSuite OneWorld writes "Customizable with great integration capabilities and very good stability". On the other hand, the top reviewer of Oracle Fusion Cloud ERP writes "Everything can be found in one place and it is all embedded in a single system". NetSuite OneWorld is most compared with NetSuite ERP, SAP Business One, Microsoft Dynamics 365 Business Central, JD Edwards EnterpriseOne and SAP S/4HANA, whereas Oracle Fusion Cloud ERP is most compared with NetSuite ERP, SAP S/4HANA, PeopleSoft, JD Edwards EnterpriseOne and SAP Business One.

    We monitor all ERP reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.