Odoo ERP Review (Modules, Implementation Cost, Pros & Cons)

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Odoo ERP

Odoo is a comprehensive open-source ERP software that can manage all aspects of your business, from sales and marketing to finance and HR. It offers various features and modules customized to meet your organization’s specific needs.

This guide will provide an overview of Odoo’s features and functionality and tips on getting started using it.

New version: Odoo 15.2

Released Date: March 24, 2022

What is Odoo ERP?

This open-source software suite helps entrepreneurs save time and money managing their businesses. It’s one of the leading open-source ERP, CRM, and business automation tools.

It incorporates more than 30 main modules and more than 16,000 third-party plug-ins. So the customer can get the modules that he needs.

Modules of Odoo ERP

Odoo pricing

Odoo Community v/s Enterprise

It offers two types of editions.

Community Edition This is entirely free of cost. No license cost also. In this version, you will get basic features. But you will not get general components such as unlimited Functional Support, Upgrade to a newer version, Better Hosting Facility, and Unlimited bug fixing. 
Enterprise EditionThis is a paid version. You will get all the community edition features and extra features in this edition.

All the essential features are free for unlimited users if you want a community edition.

If you’re going to go for the Enterprise edition, then pricing details are as follows (as of writing this article, for more updates, refer to its official website)

Annual subscription
$8 per user per month
$6 per user per month if you are a new customer
Monthly subscription
$10 per user per month
$7.5 per user per month if you are a new user
Pricing of Odoo ERP
Pricing of Odoo ERP
Pricing of Odoo ERP

Implementation

It offers three types of implementation for its paid users

Self-serviceHere, clients can implement the software by themselves. They will get functional and bug fixing support on standard features, 24/5 only in English through the mail.
Success packs In this type, Customers can implement the software with this help by purchasing its success pack ( Recommended for companies with less than 50 users). Customers will get a dedicated consultant also.
With a local (Odoo) partnerHere, customers can implement the software with the help of a partner(Recommended for companies with more than 50 users).

Odoo Implementation cost

Its implementation cost differs from industry to industry. The price depends on the type of industry.

Implementation includes installation, server management, configuration, modules management, training, support, etc.

Hence, complicated implementation takes around 6 to 9 months and costs around 10,000 USD to 1,00,000 USD.

The price of success packs for new customers is as follows.

Basic plan3,060 USD for the Basic plan, 25 hours, suggested for simple apps.
Standard pan5,950 USD for the Standard plan, 50 hours, indicated for advanced apps and data import
Custom plan10,625 USD for a Custom plan, 100 hours, suggested for advanced apps, data import, and customizations.
Pro plan21, 250 USD for the Pro plan, 200 hours, suggested for advanced apps, data import, and customizations.

Customer Support / Service

It supports its customer via its website by providing educational materials, user documentation, videos, and a free trial for 15 days.

It offers practical and bug-fixing support on standard features for paid customers in English through the mail.

The customer who purchased the success pack is provided with a dedicated consultant for support and supports through live chat or email in applications. That is available in English and French languages from Monday to Friday.

The community forum is also there to support customers. Here you can ask questions and answer about Odoo apps.

It has limited customer support for the community edition. However, that is only through forums.

Other Information

  • It offers three types of hosting
    • Cloud hosting  (No additional charges)
    • On-premise hosting ( No additional costs)
    • Odoo cloud platform
  • It is available in more than 50 languages worldwide
  • Its website is available in 11 languages
  • It is API-friendly software. You can integrate it with many famous apps such as WhatsApp, Amazon, and more than 16,000 third-party apps through its internal app store.
  • It offers software training classes at $125 per class or $1000 per year
  • In the enterprise edition, iOS and Android apps are available

Odoo ERP modules and their features

This article will examine the new odoo features in its Community Edition version 14. I’ll be looking at all the new features and other cool stuff available to you.

Odoo ERP Modules

Some Screenshots of different modules

1. Finance

  • Invoicing – payments
  • Expenses
Accounting Dashboard of Odoo

2. Sales Management

  • CRM
  • Sales 
  • Point of sale
Odoo ERP sales
Odoo ERP CRM Pipeline Analysis

3. Inventory and MRP

  • Inventory
  • MRP
  • Purchase
  • Maintenance

4. Services

  • Project 
  • Timesheets
Project Module of Odoo ERP

5. Human Resource Management

  • Employees 
  • Time off
  • fleet
  • Recruitments
Odoo ERP Employees

6. Website Builder

  • Blogs
  • Forums
  • E-learning
  • Live chat
  • e-commerce 
Website Builder of Odoo

7. Marketing

  • Email marketing
  • surveys
  • Event management
  • SMS marketing
Email Marketing of Odoo

8. Productivity

  • Discuss
  • Notes- calendar

Odoo ERP Advantages

  • This is a python-based open-source enterprise management software solution that is free to download, use and distribute. 
  • Small business owners who have long struggled with the complexities of maintaining records, managing finances, and coordinating projects with employees offer a cost-effective alternative to expensive software systems. 
  • Its intuitive interface and powerful features make it easy to set up and run on your computer or mobile device in just minutes, without any unique expertise.
  • With a free community edition and a paid enterprise version of the software available online and through partners worldwide, It offers small-business owners the tools to grow their business without breaking the bank.

Disadvantages

  • Insufficient Support: You will get support only if you are paid customer. For the community (open-source version), you will not get any help fixing bugs.
  • High training fees: You need good software knowledge to operate with the community edition. This provides software training classes. But its cost is high.
  • Difficult to maintain: If you choose the community edition (which is free) of Odoo, you must have sound IT knowledge because you need to operate it fully without any support from Odoo. Otherwise, it isn’t easy to maintain and run the software.
  • Confused pricing format: It provides annual and monthly subscriptions. Other than that, it offers separate charges for applications. These charges are different for different applications. That might not be very clear.

What industries does it support?

It supports industries such as

  • Automobile
  • Manufacturing
  • Service Sector
  • Trading Company
  • Marketing
  • Education sector
  • Health Care
  • Apparel
  • E-Commerce
  • Solar
  • Real Estate

Alternatives

Top Customers

  • Alta motors
  • Agile
  • Alpinter
  • AMNESTY International
  • Hyundai
  • Toyota
  • MARKANT
  • National Equipment Corporation
  • Nordika

Conclusion

Odoo software is a comprehensive ERP solution that companies can customize to meet the needs of businesses of any size.

The software has a user-friendly interface and supports multiple languages. It is also open source and free to use.

It is perfect if you are looking for an affordable, reliable ERP solution!

You can find more Open-source ERP software similar to Odoo.

References:

  1. Official Website
  2. Official Documentation