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NetSuite OneWorld pros and cons

Vendor: NetSuite
4.2 out of 5
189 followers
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NetSuite OneWorld Pros review quotes

HP
Feb 24, 2021
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.
MC
Jan 31, 2023
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.
John Cirocco - PeerSpot reviewer
Jan 6, 2023
Inventory management in NetSuite OneWorld is one of the best in the industry, so this feature is what I like most about the solution.
Learn what your peers think about NetSuite OneWorld. Get advice and tips from experienced pros sharing their opinions. Updated: March 2024.
765,386 professionals have used our research since 2012.
MV
Jan 13, 2023
NetSuite OneWorld is a single instance that allows you to do different business functions, such as reporting, order-to-cash, design-build, and procure-to-pay. This feature is what's most valuable in the solution.
GH
Feb 9, 2021
NetSuite is a great solution, fast to bring up and makes everyone's life easier.
AL
Jan 1, 2023
Embedded business intelligence is a valuable feature. There is also no need to wait for extract functions, and each transaction is reflected in the system dashboards in real time.
it_user783078 - PeerSpot reviewer
Dec 4, 2017
Allows us to use it the way we need to instead of changing our needs and processes to fit the product.
JF
Feb 21, 2023
The solution is user-friendly and flexible.
AA
Dec 4, 2017
Utilizes best practices that are simple to implement.
Shiral Soysa - PeerSpot reviewer
Feb 15, 2024
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 invoices, but we're simplifying those too. We're also exploring integrating with other tools like Power BI for better data analytics and reporting. Currently, our automation focuses on general tasks, not document understanding or anything complex like that.
 

NetSuite OneWorld Cons review quotes

HP
Feb 24, 2021
If you were to use standard costs, it doesn't handle standard costs well.
MC
Jan 31, 2023
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.
John Cirocco - PeerSpot reviewer
Jan 6, 2023
In NetSuite OneWorld, what needs improvement is the production planning functionality.
Learn what your peers think about NetSuite OneWorld. Get advice and tips from experienced pros sharing their opinions. Updated: March 2024.
765,386 professionals have used our research since 2012.
MV
Jan 13, 2023
Currently, NetSuite OneWorld needs to be more mature, especially compared to SAP.
GH
Feb 9, 2021
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.
AL
Jan 1, 2023
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.
it_user783078 - PeerSpot reviewer
Dec 4, 2017
The Project Management User Interface is lacking.
JF
Feb 21, 2023
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.
AA
Dec 4, 2017
Some entities are not available for multiple subsidiaries, which requires duplication.
Shiral Soysa - PeerSpot reviewer
Feb 15, 2024
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.