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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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Awards & Recognition

Odoo won the following awards in the Accounting - Enterprise category

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Odoo Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Odoo.

90 Likeliness to Recommend

1
Since last award

100 Plan to Renew

89 Satisfaction of Cost Relative to Value


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Emotional Footprint Overview

+97 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?

0% Negative
3% Neutral
97% Positive

Pros

  • Continually Improving Product
  • Reliable
  • Performance Enhancing
  • Enables Productivity

Feature Ratings

Average 87

General Ledger Chart of Accounts

90

Reconciliation

89

Budgeting Forecasting

88

Project Accounting

87

Accounts Payable Purchase Orders

87

Expense Management

87

Integration APIs

87

Cash Flow Management

86

Dashboards, Analytics and Reporting

86

Accounts Receivable Invoicing

86

Cost Revenue Tracking

85

Vendor Capability Ratings

Average 86

Quality of Features

90

Ease of Customization

89

Business Value Created

88

Ease of Implementation

87

Ease of Data Integration

87

Breadth of Features

86

Product Strategy and Rate of Improvement

86

Availability and Quality of Training

85

Ease of IT Administration

83

Vendor Support

81

Usability and Intuitiveness

80

Odoo Reviews

Reynolds N.

  • Role: Finance
  • Industry: Technology
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Apr 2023

An easy and efficient tool for managing all work

Likeliness to Recommend

9 /10

What differentiates Odoo from other similar products?

Overall, Odoo Accounting is a great tool for businesses of all sizes. It offers a wide range of features and is secure and convenient to use. It is also cost-effective and can be implemented quickly. The main benefits are saving time, reaching more detailed information, and generating advanced reports.

What is your favorite aspect of this product?

I can integrate with my eCommerce platform, my CRM, and even my shipping system. This allows me to have a single source of truth for all of my business data. Finally, the support and community around Odoareis great. There are many resources available to help me with any issues I may have. It makes reconciliation simple and has ready-made bank integrations.

What do you dislike most about this product?

The documentation is fairly a problem, and customized improvement may additionally be a tar-baby. Due to this I fantastically advocate the usage of one of Odoos partners to attempt implementation, they grasp the ins and outs of Odoo and may additionally aid we to avoid extend and resources, and if they are trustworthy with us they are going to steer us far flung from useless custom development, as soon as a current module can be created to work.

What recommendations would you give to someone considering this product?

Get this module because it is simple to set up and operate, and you will find having timely reports and images to be helpful. I suggest using Odoo Accounting because it is the greatest accounting program for businesses. Start with a new implementation and import balances from historical or existing systems.

Pros

  • Continually Improving Product
  • Reliable
  • Effective Service
  • Inspires Innovation

Shaunak D.

  • Role: Industry Specific Role
  • Industry: Manufacturing
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Nov 2022

Great product for small entrepreneurs

Likeliness to Recommend

9 /10

What differentiates Odoo from other similar products?

It offers great options for business management tools. It creates a good ecosystem for that which grants ease of switching and data integration. Main positive aspect which I noticed is that it is open source and hence has great potential. Primarily it serves for small businesses but it also does a great job for large businesses from what I have seen in the market. This software provides a simple solution unlike others which give a bit complex approach.

What is your favorite aspect of this product?

i first started using this product through its free trial benefit. I wasn't auew if I can spend this much amount for an unknown software. This is a great benefit I suppose who are starting out on exploring and aren't sure yet. My role needed lot of customization and hence this software helped me in that flexibility. Has pretty much everything a professional in this field requires.

What do you dislike most about this product?

When i said customizability is a positive part, it has downside too. You require a technically strong team who can get the most out of this software by good customization. Otherwise it can act like any other ordinary software. Code part is where you need to be careful about a bit. Apart from this can't think of any major reason.

What recommendations would you give to someone considering this product?

I think if the functionality is made such that an amateur can understand as well, then it would be great as an expert won't be needed for the setup. A user needs to be very clear about the requirements of his or her organization. As the software offers 2 versions out of which the Community one is totally free. So the user can save a lot of money if the free version is going to suffice them. Me and my organization have been really happy and satisfied with this software

Pros

  • Reliable
  • Performance Enhancing
  • Unique Features
  • Efficient Service

Mboyo G.

  • Role: Finance
  • Industry: Other
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Oct 2022

Great Great Accounting Tool!!!!

Likeliness to Recommend

10 /10

What differentiates Odoo from other similar products?

Easily customizable to fit the business needs Great platform for CRM, accounting and eCommerce

What is your favorite aspect of this product?

Impressive eCommerce features

What do you dislike most about this product?

The customer service is not good

What recommendations would you give to someone considering this product?

If you need to customize features according to your organizational accounting management needs, Odoo is a must have. It also has other functions such as supply chain management, sales and inventory management. I highly recommend this product.

Pros

  • Helps Innovate
  • Reliable
  • Efficient Service
  • Effective Service

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