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.

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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.

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


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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

Manoj k.

  • Role: Information Technology
  • Industry: Healthcare
  • Involvement: IT Development, Integration, and Administration
Validated Review
Verified Reviewer

Submitted Feb 2024

Very good to use

Likeliness to Recommend

9 /10

What differentiates Odoo from other similar products?

Very easy to use

What is your favorite aspect of this product?

processing speed

What do you dislike most about this product?

UI need to develop

What recommendations would you give to someone considering this product?

Best option to buy

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing

Carolyn M.

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

Submitted Aug 2023

Top-notch tool for the management of all financial

Likeliness to Recommend

8 /10

What differentiates Odoo from other similar products?

Odoo Accounting distinguishes itself from other solutions with a number of special features. First of all, it is easier to use, allowing anyone to use it with confidence. Second, the platform has a number of features that may easily satisfy the needs of every organization, like the ability to automate various business operations.

What is your favorite aspect of this product?

I've been using Odoo Accounting for a while, and I'm now completely in love. I enjoy all of the features of the tool, but several of them stand out as my favorites due to their significance. Odoo Accounting is simpler to use than other programs, thus it saves a significant amount of time that would have otherwise been spent learning new ones. Second, I connected to every e-commerce site, and since everything was automatic, I rarely ever used it.

What do you dislike most about this product?

The only thing that worries me is that sometimes it can be difficult to correlate transactions to a bank account. However, I have to pay to have PDF invoices scanned and automatically complete corporate information. Finally, some companies find Odoo Accounting to be a bit expensive.

What recommendations would you give to someone considering this product?

It has many useful features and is also quite simple to use and administer, therefore I would highly recommend it if you only need one tool to manage all of your financial operations. Due to its connections with more than 2400 banks, linking payments is made simpler. Overall, it's the best choice for you; simply take a go at it!

Pros

  • Reliable
  • Unique Features
  • Efficient Service
  • Caring

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

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