Odoo is one of the most popular and fastest-growing ERP software in the market. It is a common choice for both small businesses and large enterprises looking to streamline and optimise their operations. Despite the competitive market of older and larger systems, Odoo is often considered the best software for business management. This article will look into some of the key reasons you should choose Odoo ERP system too.
What is Odoo?
Founded in 2005 in Belgium, Odoo is an open-source ERP system that provides businesses with a suite of management tools, such as CRM, accounting, manufacturing, warehouse, marketing and so on.
There are hundreds of standard or third-party apps and modules available within Odoo, each of which are integrated and interconnected with each other. The software is created to help you streamline and automate your business processes with powerful functionality and tools. Odoo ERP system currently has 7 million users across the globe as well as 3500+ partners helping to develop and implement it.
Why choose Odoo ERP?
Perhaps the best way to understand the reasons behind the increasing popularity of Odoo BMS is by looking at the key features and advantages it offers in comparison to some of the other systems available.
Cost of ownership
Odoo is one of the leading systems when it comes to the best cost and value ratio. The software operates on a subscription pricing model and has two versions available: Community and Enterprise.: The Community (open-source) version is completely free, yet offers a wide range of functionality comparable to many other ERP systems on the market. The Odoo Enterprise (licensed version) includes more powerful tools and customisation possibilities at the monthly price of €22.40 per user (yearly discounts also available).
Compared to some of the other well-established business management systems, Odoo is evidently the most cost-effective option. For instance, the Professional licence of SAP Business One comes at a monthly cost of $108 per user, Microsoft Dynamics 365 starts at $70 per user / month, while Netsuite has a base price of $999 which increases based on the number of users and tools required. This makes Odoo 3 or more times cheaper than other ERP systems.
Implementation and maintenance costs are separate from the general subscriptions, and apply to all of the mentioned BMS. These costs will depend on many factors, such as the complexity of your business needs, development of tailor-made solutions and the scope of the overall project.
Customisation and flexibility
Due to its open-source nature, Odoo is known for being a highly flexible and scalable business management software. It allows for a much easier customisation of apps and modules than many of its competitors, who tend to have some limitations in that area.
The modular design of the ERP system makes it easy for businesses to choose the specific functions or apps and customise them to fit their unique processes and workflows. Odoo also has thousands of third-party apps that companies are able to integrate and further adapt to their own needs. To accommodate this, Odoo offers a built-in app builder that businesses can use to create tailor-made solutions based on their unique business or industry requirements.
Businesses are able to choose whether they want to use the cloud-based or on-premise version of Odoo, both of which options offer high levels of flexibility as well as scalability. The solutions are easy to adapt as your business grows and your needs evolve over time, which is why Odoo can be used by both small and large companies. Some well-known examples of global enterprises successfully using Odoo include Toyota, Danone, WWF, Hyundai, Decathlon, Toshiba and many more.
User interface
One of the biggest advantages of Odoo is its modern and user-friendly interface that is easy to navigate and learn. Compared to some existing systems, Odoo is often praised for being visually clean and appealing, with a consistent layout and design across all modules and apps. The home dashboard provides its users with a quick overview of their key activities and metrics, while notifications, tags and messages help them stay on top of their tasks and workload. The main navigation menu is easily accessible and allows for seamless switching between different modules as well as entering or retrieving data. Overall, the interface is well-organised and concise, making it highly easy to navigate as a beginner.
Odoo also provides a mobile app for on-the-go access to the ERP system. It, too, has a streamlined and responsive interface, designed to enhance user experience and increase the productivity of your employees. The business management software is also releasing regular updates to further improve the interface - the decisions behind these changes most commonly derive from user feedback.
Odoo community
Odoo has a large community of thousands of developers and users in various forums, all of which are actively contributing to support fellow users of the software. This is a great advantage for businesses, as you are able to get assistance not only from Odoo support team itself but also through said communities, where you are likely to get your questions or concerns answered. Odoo also offers a wide range of useful documentation, tutorials and other resources, all available for users to access free of charge.
For businesses looking for Odoo ERP implementation services, finding a trustworthy partner is not an issue either. Odoo has a list of certified partners, across the globe - you can filter them out by expertise / experience levels (i.e. ready, silver or gold partners).
All in all, Odoo is a highly cost-effective, user-friendly and flexible ERP solution that is regularly improved and updated to cover your business needs even better. It is already a popular choice for businesses of all sizes and industries across the globe and, if you are ready to join them, we are here to help you!
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