NetSuite vs Odoo
NetSuite
Businesses from startups to enterprises, including small, mid-sized, fast-growing, family-owned and investment-backed companies
1998, as NetLedger
Odoo
Small and mid-sized businesses, from one user to large enterprises
2002; Belgium (Grand-Rosière and Louvain-la-Neuve)
NetSuite and Odoo both sell ERP suites that run accounting alongside CRM, e-commerce, inventory and HR.
NetSuite, owned by Oracle since 2016, is a cloud ERP quoted on request, with more than 44,000 customers; Odoo, founded in Belgium in 2002, has a free open source Community edition and a paid Enterprise edition, runs in the cloud or on-premise and publishes per-user prices.
NetSuite vs Odoo: side by side
“Not published” means the vendor does not state it.
| NetSuite | Odoo | |
|---|---|---|
| What it does | Cloud ERP suite covering financials, supply chain, CRM, e-commerce and HR, with embedded AI | Suite of open source business apps, including accounting, invoicing, CRM, e-commerce, inventory, HR, point of sale and projects, in a free Community edition and a paid Enterprise edition |
| Best for | Businesses from startups to enterprises, including small, mid-sized, fast-growing, family-owned and investment-backed companies | Small and mid-sized businesses, from one user to large enterprises |
| Founded and HQ | 1998, as NetLedger | 2002; Belgium (Grand-Rosière and Louvain-la-Neuve) |
| Ownership and funding | Owned by Oracle since 2016 | Private; €500m secondary transaction (Nov 2024) led by CapitalG and Sequoia Capital at a €5bn valuation; Summit Partners is the largest institutional shareholder; CEO Fabien Pinckaers |
| Customers or users | More than 44,000 | Over 28 million users worldwide, counting on-premise installations; billing revenue of about €900m expected in 2026 |
| Pricing | Not published; quote on request (the site offers a free product demo) | One app free with unlimited users; Standard €24.90 and Custom €44.90 per user a month billed yearly (€31.10 and €56.90 monthly), all apps included; first-year discount for initial users |
| Deployment and markets | Cloud; local sites across the Americas, Asia-Pacific and EMEA, including the US/Canada, UK, France, Germany, Spain, Australia, India and Japan | Cloud (Odoo Online, Odoo.sh) or on-premise; customers in more than 100 countries; about 8,000 staff |
Main differences
Odoo is free for one app and costs €24.90 or €44.90 per user a month, billed yearly, for all apps; NetSuite quotes on request.
Odoo runs as Odoo Online, on Odoo.sh or on-premise, with an open source edition; NetSuite is a cloud suite.
NetSuite counts more than 44,000 customers; Odoo counts over 28 million users, including on-premise installations.
NetSuite is part of Oracle; Odoo is private, valued at €5bn in a November 2024 secondary transaction led by CapitalG and Sequoia Capital.
Which to choose
Choose NetSuite if
- You want a cloud ERP from Oracle with local sites across the Americas, Asia-Pacific and EMEA
Choose Odoo if
- You want published prices, an open source edition or an on-premise option
Compare further
Common questions
What is the difference between NetSuite and Odoo?+
NetSuite is a cloud ERP suite covering financials, supply chain, CRM, e-commerce and HR, with embedded AI. Odoo is a suite of open source business apps, including accounting, invoicing, CRM, e-commerce, inventory, HR, point of sale and projects, in a free Community edition and a paid Enterprise edition.
How much do NetSuite and Odoo cost?+
Odoo publishes its prices: one app is free with unlimited users, and all apps cost €24.90 (Standard) or €44.90 (Custom) per user a month billed yearly. NetSuite does not publish prices and quotes on request.
Can NetSuite and Odoo run on-premise?+
Odoo runs in the cloud (Odoo Online or Odoo.sh) or on-premise. NetSuite is a cloud ERP.
Part of Accountio’s accounting technology coverage.
