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NetSuite vs Workday

NetSuite vs Workday

Workday adds financials to an HR platform. But when finance needs structure, visibility and control, NetSuite delivers a purpose-built ERP with powerful planning, global-ready tools and complete operational oversight.

Why choose NetSuite over Workday

  • Unified from the start

    NetSuite is built as a single finance, planning and operations platform – unlike Workday, which extends an HR core through financial add-ons and external integrations.

  • Global-ready architecture

    Manage multi-entity operations, intercompany transactions, and global compliance from one environment. NetSuite’s native global capabilities go far beyond Workday’s financial reach.

  • Smarter planning & visibility

    Forecast, model and adjust plans in real time with NetSuite Planning & Budgeting. Built-in reporting and dashboards keep leadership aligned across regions, roles and time zones.

Understanding NetSuite vs Workday

Workday’s strength lies in human capital management with finance added on. But for finance-led organisations, this modular approach can lead to disconnected processes, integration challenges and limited operational control. NetSuite is a finance-first ERP designed to unify planning, operations and reporting in one cloud-native system. Its global-ready capabilities, deep financial functionality and built-in planning tools make it the stronger choice for businesses scaling across teams, regions and entities.
  • See NetSuite ERP in action

    There’s no better way to explore how NetSuite ERP can benefit your organisation than by experiencing it firsthand.Request a product tour

Financial depth without compromise

Global-ready finance

Manage multi-entity structures, currencies, tax rules and intercompany processes in one environment, with real-time consolidation and built-in compliance.

Integrated planning

Run budgets, forecasts and scenario models alongside live actuals, without manual data syncs or third-party tools.

Built-in reporting

Track financial and operational performance with role-based dashboards, saved searches and audit-ready reports requiring no custom data stitching.

End-to-end visibility

Connect finance, CRM, inventory and fulfilment on one platform for a real-time, cross-functional view of the business.

Configurable control

Update processes in-house with intuitive tools that don’t require deep development skills.

Workday
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Workday
Workday
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Questions to ask before you choose

How do the platforms support multi-entity businesses?

NetSuite’s OneWorld edition handles subsidiaries, currencies and tax regimes natively—ideal for companies scaling globally. Workday often requires workarounds or additional configuration to support complex, multi-entity structures.

Which system offers better operational visibility for finance leaders?

NetSuite delivers built-in dashboards, real-time reporting and drill-down analytics across finance, inventory and planning. Finance leaders get a clear, consolidated view of performance. Workday’s strength in HR insight doesn’t always extend to operational control, particularly for non-HR users.

Which system offers more flexible planning and budgeting?

NetSuite Planning and Budgeting enables detailed modelling, rolling forecasts and AI-supported variance detection, all within your ERP environment. Workday Adaptive Planning is a separate product with its own data model, adding integration complexity.

How do the platforms differ in total cost of ownership?

Workday’s modular pricing and services model can lead to rising costs over time, especially when layering on financial features. NetSuite’s all-in-one platform and lower admin overhead often make it more cost-effective as you scale.

What’s the upgrade and maintenance experience like?

NetSuite delivers automatic twice-yearly upgrades with built-in compatibility across modules. Workday’s updates can introduce overhead, especially if finance and HR have been heavily customised to support divergent use cases.

Can NetSuite and Workday integrate with other tools?

Both systems offer integration capabilities, but NetSuite’s open API and ecosystem of connectors (like Celigo and Boomi) make it easier to plug into platforms like Shopify, Salesforce or HubSpot.

Is NetSuite better suited to finance-led organisations than Workday?

Yes. NetSuite was designed as a finance-first ERP, not retrofitted. It offers deep financial control, built-in planning and a unified operational core – ideal for finance leaders driving business-wide visibility and growth.

Which platform offers stronger support for continuous planning?

NetSuite Planning and Budgeting (NSPB) supports rolling forecasts, scenario modelling and real-time plan vs actual tracking – all native to the ERP. Workday often requires additional tools and effort to bridge finance and planning.

ERP that moves with your business

Mid-sized and scaling companies need more than a retrofitted add-on. NetSuite gives finance teams a purpose-built system to lead growth, adapt fast and keep the business aligned around real-time performance.
  • Structure for scale

    NetSuite’s unified data model keeps finance, planning, CRM and operations in sync – so you can manage complexity without layering on disconnected tools.

  • Insight that drives growth

    With real-time dashboards, built-in planning tools and scenario modelling, finance leaders can move quickly from questions to action, even as conditions shift.

Success Stories

Transformation stories with NetSuite + Annexa

Automated integration
to 3PL warehouses globally
Global growth
to over 20 countries
Products used
NetSuite OneWorld
AnnexaConnect
We were delighted that Annexa and NetSuite proved to be superior in technology, people and expertise.
Troy Smith
Global Head of ICT
Read full case study
Streamlined POS
integrated with NetSuite
Going global
in over 100 stores worldwide
Products used
NetSuite
SuiteCommerce
AnnexaConnect
The flexibility and availability that Annexa provides is refreshing.
Rohan Penman
Global Head of Technology
Read full case study
Adaptable WMS
for faster picking and packing
Rapid growth
from 2 retail stores to 16, in 2 years
Products used
NetSuite
SuiteSuccess
Shopify Plus Integration
Vend POS integration
Annexa is right up there with the best vendors I work with. They have a really capable bunch of technical people so when they promise to deliver something, they do.
Tez Osman
Director (Information Technology)
Read full case study
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Frequently asked questions about NetSuite

What does NetSuite offer for businesses scaling globally?

NetSuite’s OneWorld edition natively supports multi-entity consolidation, currency management, tax compliance and localised reporting- making it easier to expand without reengineering your system landscape.

Does NetSuite cover GCM like workday does?

NetSuite’s native strength is finance, ERP and operational data. For HR, payroll and workforce management, it integrates with leading HCM platforms. This way you keep finance and operations unified in NetSuite while using best-of-breed HCM if required.

How often is NetSuite updated?

NetSuite delivers two major upgrades each year, automatically applied across all customers. Because the platform runs on a single code base, updates don’t require disruptive re-implementations or expensive version upgrades

What level of analytics does NetSuite provide?

NetSuite includes role-based dashboards, reporting, and drill-down analytics out of the box. For advanced needs, SuiteAnalytics and NetSuite Analytics Warehouse (NSAW) provide deeper modelling, consolidation and visualisation on top of your ERP data.

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