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Inventory Management · head to head

NetSuite vs Odoo Inventory

NetSuite logo

NetSuite

Inventory Management

The #1 cloud ERP for growing businesses

From
$29/month
Rated
-
Full reviewWebsite
Odoo Inventory logo

Odoo Inventory

Inventory Management

Open source inventory management module

From
Free
Rated
-
Full reviewWebsite

The short version

  • Only Odoo Inventory has a free tier, so it costs nothing to try first.
  • Each has a real cost: NetSuite netSuite implementation and consultancy is listed on UK G-Cloud 14 at day rates ranging roughly £175 to £1,850 per unit per day across multiple suppliers, a public-sector contracted rate for the services layer rather than the core Oracle NetSuite licence itself, which remains quote-only.; Odoo Inventory the One App Free plan covers a single app, so using Inventory alongside another Odoo app moves the account onto a paid plan
  • They diverge on capability: NetSuite covers Financial management, Odoo Inventory covers Inventory management.

Where they differ

Only the attributes on which NetSuite and Odoo Inventory actually diverge.

Attributes where NetSuite and Odoo Inventory differ
AttributeNetSuiteOdoo Inventory
Starting price$29/monthFree
Free tierNoYes
PlatformsWeb, Mobile, ApiWeb, Mobile app, Cloud/On-premise
Founded19772005

Identical on both: pricing model (subscription), user rating (Not yet rated), category (Inventory Management).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in NetSuite

  • Financial management
  • Order management
  • Inventory
  • CRM
  • Ecommerce
  • Salesforce
  • Shopify
  • Amazon

Only in Odoo Inventory

  • Inventory management
  • Barcode scanning
  • Multi-warehouse
  • Automated replenishment
  • Odoo ERP modules
  • E-commerce
  • Manufacturing
  • Accounting

Both cover

  • Web support

What people use each for

The jobs each tool is most often brought in to do.

NetSuite

  • ERPnot Odoo Inventory
  • Financial consolidationnot Odoo Inventory
  • Ecommercenot Odoo Inventory

Odoo Inventory

  • Tracking stock across multiple warehouses and locationsnot NetSuite
  • Running receipts, deliveries and internal transfersnot NetSuite
  • Connecting inventory to Odoo sales, purchasing and manufacturingnot NetSuite

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

NetSuite

  • NetSuite implementation and consultancy is listed on UK G-Cloud 14 at day rates ranging roughly £175 to £1,850 per unit per day across multiple suppliers, a public-sector contracted rate for the services layer rather than the core Oracle NetSuite licence itself, which remains quote-only.

Odoo Inventory

  • The One App Free plan covers a single app, so using Inventory alongside another Odoo app moves the account onto a paid plan
  • The Standard plan at $16.90 per user per month is restricted to Odoo Online hosting
  • Odoo.sh and on premise hosting require the Custom plan at $25.50 per user per month
  • Odoo Studio, multi company management and external API access require the Custom plan
  • Billing is per user, defined as any employee with backend access to create, view or edit documents
  • The advertised discounted rates apply for the first 12 months, after which the list rates of $21.10 and $31.90 per user per month apply

Pricing, plan by plan

NetSuite

$29/month
  • Base$999/month
    • Core ERP
    • Financial management
    • CRM

Odoo Inventory

Free
  • CommunityFree
    • Open source
    • Basic features
    • Community support
  • Standard$20/month
    • Full features
    • Hosting included
    • Email support
  • Custom$40/month
    • Customization
    • Studio access
    • Priority support

Which should you pick?

Choose NetSuite if

  • You need financial management.
  • You work on Web, Mobile, Api.
  • You also want order management.
NetSuite review

Choose Odoo Inventory if

  • You need inventory management.
  • You want to start without paying.
  • You work on Web, Mobile app, Cloud/On-premise.
  • You also want barcode scanning.
Odoo Inventory review

Questions people ask

Is NetSuite or Odoo Inventory better?
Neither clearly leads. NetSuite starts at $29/month and Odoo Inventory at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, NetSuite or Odoo Inventory?
Odoo Inventory has a free tier; the other does not. Paid plans start at $29/month for NetSuite and Free for Odoo Inventory.
Does NetSuite or Odoo Inventory run on more platforms?
NetSuite runs on Web, Mobile, Api. Odoo Inventory runs on Web, Mobile app, Cloud/On-premise.
Can I use Odoo Inventory for free?
Yes. Odoo Inventory has a free tier, so you can try it without paying. NetSuite starts at $29/month.
What is NetSuite best used for?
NetSuite is most often used for erp, financial consolidation, ecommerce. Of those, erp and financial consolidation are not what Odoo Inventory is typically brought in for.
What can NetSuite do that Odoo Inventory cannot?
NetSuite covers Financial management, Order management, Inventory, CRM. Odoo Inventory covers Inventory management, Barcode scanning, Multi-warehouse, Automated replenishment. Both handle Web support.
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