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.

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.

90 Likeliness to Recommend

100 Plan to Renew

89 Satisfaction of Cost Relative to Value


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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
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 85

Quality of Features

90

Ease of Customization

88

Business Value Created

87

Ease of Implementation

87

Ease of Data Integration

86

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

John F.

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

Submitted Jun 2022

An easy and efficient way to manage our business

Likeliness to Recommend

8 /10

What differentiates Odoo from other similar products?

Because it is so simple for me to handle all of the accounting in Odoo, the task of the accountant is now reduced to the bare minimum, saving me money. Furthermore, in the past, all of my records and accounts would end up at my accountant's office, giving me a very limited perspective of my finances.

What is your favorite aspect of this product?

It's a major benefit if we can gradually build up the setups and features we'll need to include sophisticated capabilities. When utilizing an ERP system, users are frequently compelled to have and create configurations and data that are irrelevant. A system that starts with the basics and gradually adds functionality, either by configuration or by being flexible enough to strengthen and extend quickly, is better suited.

What do you dislike most about this product?

One thing that irritates me is that since Odoo publishes a new version every year with new fantastic features and it takes 6 to 12 months to upgrade our database to this new version, I constantly feel like I'm losing out on these new features and that they would make my work so much easier.

What recommendations would you give to someone considering this product?

The most significant distinction between Odoo and similar rivals' products is pricing. Your choice of software is determined by your industry and how your entities are organized. Adding bills and making invoices, as well as the integrations with other Odoo programs, have been a lot of fun.

Pros

  • Performance Enhancing
  • Trustworthy
  • Effective Service
  • Saves Time

Elizabeth H.

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

Submitted Jun 2022

Fan of its simplicity and usability

Likeliness to Recommend

9 /10

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

David d.

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

Submitted Jun 2022

Outstanding and reliable according to enterprise

Likeliness to Recommend

8 /10

What differentiates Odoo from other similar products?

I am really satisfied with its deployment in our firm, because of Odoo we are now able to automate a number of our business processes safely and generate more income. We rapidly concluded that Odoo was the best solution for us and the development of our company. The most amazing part is that it is more powerful but less expensive.

What is your favorite aspect of this product?

Odoo is open-source software, which we can download and use on our personal server and which increases its security and dependability, which is its best feature. Its module-based design, which allows us to use as many modules as our firm needs, is something I loved. Its powerful box offers many helpful features. Spreadsheets may be replaced by other services with ease, and this is a positive move.

What do you dislike most about this product?

Although I was quite disappointed after speaking with the support team after it was deployed, I still adore this product because it is exactly what I need. The service is poor, they are experts at shifting blame, and they don't even adequately consider the issue. Their common response is that they are unable to assist.

What recommendations would you give to someone considering this product?

Odoo is capable of doing everything, its best selling point was that it could handle everything on a single platform, which is in my opinion the biggest pro. As compared to other accounting apps on the market, it is the most efficient and popular. For startups and small businesses, as well as growing firms it is quite helpful.

Pros

  • Reliable
  • Enables Productivity
  • Effective Service
  • Inspires Innovation

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