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

Book a Free Demo Today!

See it in action with a free demo.

Click below to sign up on our partner's website.

Get Demo

In Partnership With SelectHub

Awards & Recognition

Odoo won the following awards in the Accounting - Enterprise category

Filter By

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.

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

2
Since last award

100 Plan to Renew

86 Satisfaction of Cost Relative to Value

1
Since last award


{y}
{name}

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?

0% Negative
2% Neutral
98% Positive

Pros

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

Feature Ratings

Average 87

General Ledger Chart of Accounts

89

Reconciliation

87

Accounts Payable Purchase Orders

87

Accounts Receivable Invoicing

87

Expense Management

87

Integration APIs

86

Project Accounting

85

Dashboards, Analytics and Reporting

85

Cash Flow Management

85

Cost Revenue Tracking

84

Budgeting Forecasting

84

Vendor Capability Ratings

Average 83

Ease of Customization

87

Availability and Quality of Training

85

Ease of Implementation

85

Quality of Features

85

Business Value Created

84

Ease of Data Integration

84

Breadth of Features

83

Ease of IT Administration

81

Product Strategy and Rate of Improvement

81

Usability and Intuitiveness

81

Vendor Support

80

Odoo Reviews

Margaret T.

  • Role: Operations
  • Industry: Consulting
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Apr 2022

Superb tool to automate accounting operations

Likeliness to Recommend

9 /10

What differentiates Odoo from other similar products?

I've used this financial and accounting software and can attest that it suits our demands admirably, thanks to its numerous capabilities. Because the software is simple to use, we haven't wasted our time and money on training. There is almost no identical product on the market that provides what we require except Odoo.

What is your favorite aspect of this product?

I am a big fan of this software because of its security and all-powerful capabilities. This allows us to not only utilize it inside our organization but also safely provide it to our clients. It's more than just an accounting program; it's a complete business management system. Continue to use this technique; it will entice more customers and make them feel valued.

What do you dislike most about this product?

To complete the first configuration an expert is needed. Upgrading it to the new version and upgrading our database to the new version takes a lot of time. Actually, it's not a really horrible point; it's just a source of aggravation. A couple of items in the accounting section appear to be repeated several times.

What recommendations would you give to someone considering this product?

A system that starts with the basics and gradually adds functionality, either by configuration or by being flexible enough to reinforce and grow quickly, is probably more suited and in this area, Odoo always shines, its higher-flexibility open-source nature makes it an ideal system for both small and large businesses.

Pros

  • Continually Improving Product
  • Reliable
  • Unique Features
  • Effective Service

Lisa G.

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

Submitted Apr 2022

Solid accounting software to streamline processes

Likeliness to Recommend

10 /10

What differentiates Odoo from other similar products?

Its broadened features and unique accounting approach and simplicity make Odoo software superb among others. Because of the flat chart of accounts, it is a very flexible accounting framework. Odoo software has given the best value for our money.

What is your favorite aspect of this product?

The VAT engine is my favorite because it is really powerful. Payment conditions are all more advanced, powerful as well as smart automated payment collecting follow-ups are available to make the processes streamlined. The flexibility of features is outstanding: we can easily add as many more modules as we need to the software. All reports, actually the complete reporting module, are my favorite.

What do you dislike most about this product?

Data conversion from Excel to Odoo is really difficult. It takes work and understanding of how to use it properly, but it is well worth the effort. It is also time-consuming to connect transactions to our bank account. Our credit card payments arrive in one batch, which can be confusing if there are multiple transactions in that batch.

What recommendations would you give to someone considering this product?

Because the software has so many accounting features, it can suit a wide range of accounting requirements. It's a major benefit if you can gradually build up the setups and features you'll need to include sophisticated capabilities. You must test it before going to make a final decision.

Pros

  • Helps Innovate
  • Performance Enhancing
  • Enables Productivity
  • Trustworthy

Michael S.

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

Submitted Apr 2022

Influential and adaptable accounting software

Likeliness to Recommend

9 /10

What differentiates Odoo from other similar products?

Odoo Accounting is a comprehensive accounting program. That allows us to automate most of our tasks and ensure accountant productivity that is at the forefront of its growth. Management of the bills, invoices, and customers is easy with Odoo and it offers features for follow-up on payments.

What is your favorite aspect of this product?

To manage our firm finances, we use Odoo in our finance and accounting department. All accounting aspects, such as setting fiscal years, creating accounts charts, tax administration, defining payment methods and conditions, and many more, are done very easily here. It is just fantastic for our organization. It has a powerful and customized accounting dashboard, which is also my favorite.

What do you dislike most about this product?

The time it takes for support to respond is awful. The average response time is five days or a week. Whenever we have a problem, we must hire someone to assist us with our problem as well as to simplify upkeep. They don't offer much help, and when they do, it's just too late.

What recommendations would you give to someone considering this product?

Customized Odoo connectors are available, and the dashboard is also customizable for your business processes, you can fine-tune your processes down to the last detail. Odoo is immediately adjustable and available for use, and due to its simplicity, it can be put to profitable use in the organization right away.

Pros

  • Helps Innovate
  • Performance Enhancing
  • Enables Productivity
  • Trustworthy

Most Popular Odoo Comparisons