What is Odoo?
Odoo is an open-source alternative to many software packages. It can be used by any retailer with its POS (Point Of Sales), and in any website with its CMS (website builder) synchronized with the e-Commerce app. In the enterprise resource planning software field, Odoo is an alternative to SAP ERP, Oracle E-Business Suite, Microsoft Dynamics, Netsuite, and others.
Company Details
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Real user data aggregated to summarize the product performance and customer experience.
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Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.
87 Likeliness to Recommend
1
Since last award
100 Plan to Renew
85 Satisfaction of Cost Relative to Value
1
Since last award
Emotional Footprint Overview
Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.
+98 Net Emotional Footprint
The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.
How much do users love Odoo?
Pros
- Continually Improving Product
- Reliable
- Performance Enhancing
- Enables Productivity
How to read the Emotional Footprint
The Net Emotional Footprint measures high-level user sentiment towards particular product offerings. It aggregates emotional response ratings for various dimensions of the vendor-client relationship and product effectiveness, creating a powerful indicator of overall user feeling toward the vendor and product.
While purchasing decisions shouldn't be based on emotion, it's valuable to know what kind of emotional response the vendor you're considering elicits from their users.
Footprint
Negative
Neutral
Positive
Feature Ratings
General Ledger Chart of Accounts
Accounts Receivable Invoicing
Accounts Payable Purchase Orders
Expense Management
Reconciliation
Integration APIs
Dashboards, Analytics and Reporting
Project Accounting
Cash Flow Management
Cost Revenue Tracking
Budgeting Forecasting
Vendor Capability Ratings
Ease of Customization
Availability and Quality of Training
Quality of Features
Ease of Implementation
Ease of Data Integration
Business Value Created
Breadth of Features
Ease of IT Administration
Product Strategy and Rate of Improvement
Vendor Support
Usability and Intuitiveness
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Odoo Reviews
Elizabeth H.
- Role: Finance
- Industry: Finance
- Involvement: End User of Application
Submitted Jun 2022
Fan of its simplicity and usability
Likeliness to Recommend
What differentiates Odoo from other similar products?
What I appreciate best about Odoo and what differentiates it from rivals is how simple and smooth everything is in this system. Odoo has a quick and easy manner for me to do any financial work I have. Odoo provides enterprise-level product capabilities to mid-sized organizations that are unable to invest huge sums of money in enterprise-level software.
What is your favorite aspect of this product?
Odoo Accounting is an incredibly user-friendly and simple-to-use platform and the simplicity of usability now saves us a lot of money and time. My bills are documented and my balances are completed in just a few clicks. The reconciliation technique makes the job relatively simple. Odoo provides all of the functionality that rivals offer at greater prices, as well as a slew of other features that rivals don't offer.
What do you dislike most about this product?
One horrible thing is that I know Odoo is publishing a new version every year with new fantastic features but it takes about half or 1 year to upgrade our database to this new version, that makes me irritated because we lose out on these new features and that has great ability to make our work much simpler and less time-consuming.
What recommendations would you give to someone considering this product?
Odoo's accounting platform offers a thorough overview, and to-do items are labeled with a hyperlink for easy completion. It's also really simple to update and write journal entries with Odoo. Adding bills and making invoices, as well as the assimilation with other Odoo programs, has been a lot of fun.
Pros
- Continually Improving Product
- Reliable
- Performance Enhancing
- Unique Features
Simone S.
- Role: Information Technology
- Industry: Chemicals
- Involvement: End User of Application
Submitted Jun 2022
The best tool for managing accounting needs
Likeliness to Recommend
What differentiates Odoo from other similar products?
This software was installed to manage our accounting needs, and it performs admirably. Everything about the product is simple to understand, from how to use it to how to integrate it. We found it to be a very useful tool. In comparison to other similar tools, it meets our expectations.
What is your favorite aspect of this product?
There is only one business management software we can trust when it comes to managing and managing business accounts: Odoo Accounting. I've used this software and can attest that it suits our demands admirably, thanks to its numerous capabilities. Because the software is simple to use, no training is required. Because the software has so many accounting features, it can suit a wide range of accounting requirements.
What do you dislike most about this product?
Specific built-in Odoo Enterprise License interfaces, such as bank synchronization, expose protected data and break confidentiality requirements. Direct integration with the third parties involved, without the use of an intermediary, would be preferable. At a transaction, there is a lack of solid access control and division of roles.
What recommendations would you give to someone considering this product?
Carefully set up the fundamental information for all Odoo items, such as the chart of accounts, accounting techniques, taxes, and so on. They can produce problems that you may not notice until they become very difficult to resolve. Take precautions and consider employing a consultant or a third party to assist in the right setup.
Pros
- Continually Improving Product
- Reliable
- Respectful
- Altruistic
Lindsay j.
- Role: Consultant
- Industry: Technology
- Involvement: End User of Application
Submitted Jun 2022
One of the best Accounting platform
Likeliness to Recommend
What differentiates Odoo from other similar products?
Because Odoo comes with an open-source nature software this makes it an ideal system for both small and large businesses. This allows us to not only utilize it within our organization, but because it offers a lot of amazing features we also confidently offer it to our clients.
What is your favorite aspect of this product?
I am not experienced, but I found this Accounting software to be simple to use. The landing page gives us a fast overview of all accounting tasks that first need to be finished. This contains both invoices that have yet to be paid and bills that must be paid to vendors. It connects to my bank accounts easily, making financial reconciliation a breeze. All of the usual reporting and auditing features are fantastic.
What do you dislike most about this product?
Honestly, it's not a really horrible point; but the purpose of mentioning it is to bring their attention there so they can remove it; Direct integration with the third parties involved, without the use of an intermediary, would be preferable. There is also a lack of effective access control systems. It takes practice and understanding of how to use it properly, but it is well worth the effort.
What recommendations would you give to someone considering this product?
I would choose to use it since my experience with Odoo has always led me to admire and promote it because it is more than just an accounting system, it is a complete business management option for small, medium, and large companies. Everything is placed in a clean and eye-catching manner in this system.
Pros
- Helps Innovate
- Performance Enhancing
- Enables Productivity
- Trustworthy