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Odoo Inventory vs Oracle NetSuite

Odoo Inventory logo

Odoo Inventory

Software

Open source inventory management module

From
Free
Rated
-
Full reviewWebsite
Oracle NetSuite logo

Oracle NetSuite

Software

Cloud ERP for modern business operations

From
$999/month
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: 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; Oracle NetSuite the Internet Archive's capture of NetSuite's ERP product page on 23 December 2020 named distinct sub-products (Financial Management, Financial Planning, Order Management, Procurement, Production Management, Supply Chain Management, Warehouse & Fulfillment) with no price figure published for any.
  • They diverge on capability: Odoo Inventory covers Inventory management, Oracle NetSuite covers Financial management.

Where they differ

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

Attributes where Odoo Inventory and Oracle NetSuite differ
AttributeOdoo InventoryOracle NetSuite
Starting priceFree$999/month
Free tierYesNo
PlatformsWeb, Mobile app, Cloud/On-premiseCloud, Web
Founded20051977

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

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 Odoo Inventory

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

Only in Oracle NetSuite

  • Financial management
  • Supply chain
  • Inventory
  • CRM
  • Salesforce
  • DocuSign
  • Google Workspace
  • Third-party apps

Both cover

  • Accounting
  • Web support

What people use each for

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

Odoo Inventory

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

Oracle NetSuite

  • Financial planningnot Odoo Inventory
  • Order managementnot Odoo Inventory
  • Inventory trackingnot Odoo Inventory
  • Multi-subsidiary managementnot Odoo Inventory

Where each one falls short

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

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

Oracle NetSuite

  • The Internet Archive's capture of NetSuite's ERP product page on 23 December 2020 named distinct sub-products (Financial Management, Financial Planning, Order Management, Procurement, Production Management, Supply Chain Management, Warehouse & Fulfillment) with no price figure published for any.

Pricing, plan by plan

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

Oracle NetSuite

$999/month
  • Starter$999/month
    • Basic ERP functionality
    • Financial management
    • CRM
  • Standard$1999/month
    • Advanced ERP
    • Supply chain
    • Manufacturing

Which should you pick?

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

Choose Oracle NetSuite if

  • You need financial management.
  • You work on Cloud, Web.
  • You also want supply chain.
Oracle NetSuite review

Questions people ask

Is Odoo Inventory or Oracle NetSuite better?
Neither clearly leads. Odoo Inventory starts at Free and Oracle NetSuite at $999/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Odoo Inventory or Oracle NetSuite?
Odoo Inventory has a free tier; the other does not. Paid plans start at Free for Odoo Inventory and $999/month for Oracle NetSuite.
Does Odoo Inventory or Oracle NetSuite run on more platforms?
Odoo Inventory runs on Web, Mobile app, Cloud/On-premise. Oracle NetSuite runs on Cloud, Web.
Can I use Odoo Inventory for free?
Yes. Odoo Inventory has a free tier, so you can try it without paying. Oracle NetSuite starts at $999/month.
What is Odoo Inventory best used for?
Odoo Inventory is most often used for tracking stock across multiple warehouses and locations, running receipts, deliveries and internal transfers, connecting inventory to odoo sales, purchasing and manufacturing. Of those, tracking stock across multiple warehouses and locations and running receipts, deliveries and internal transfers are not what Oracle NetSuite is typically brought in for.
What can Odoo Inventory do that Oracle NetSuite cannot?
Odoo Inventory covers Inventory management, Barcode scanning, Multi-warehouse, Automated replenishment. Oracle NetSuite covers Financial management, Supply chain, Inventory, CRM. Both handle Accounting, Web support.
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