The increase in the populations of root-knot nematode Meloidogyne enterolobii in various vegetables such as tomatoes grown under greenhouse conditions as well as increasing restrictions on the use of certain chemical nematicides have led to the search for new, effective management strategies, preferably ones that are sustainable biological alternatives. In this work, two formulations of the nematophagous fungus Metarhizium carneum, one concentrated suspension and one wettable powder, were evaluated under greenhouse conditions to reduce the M. enterolobii infestation in tomato plants. In addition, the effectiveness of the liquid formulation of M. carneum was compared with two biological and three chemical commercial nematicides. The results show that the two M. carneum formulations reduced the M. enterolobii population density by 78 and 66% in relation to the control treatment. In comparison, the liquid formulation of M. carneum and Purpureocillium lilacinum treatments reduced nematode population density by 72 and 43%, respectively, while for metam sodium preplanting applications followed by M. carneum applications during the tomato growth stage, the reduction was 96%. The alternate use of some chemical compounds plus the application of M. carneum as a biocontrol is a good starting strategy for managing M. enterolobii populations. These results confirm that M. carneum is a serious candidate for the short-term commercialization of an environmentally friendly biological nematicide.