What is Odoo ERP?

Odoo ERP system is enterprise resource planning software used company-wide for the management of business processes. Odoo provides seamlessly integrated functional business apps called Odoo apps that form an ERP solution when combined. Open-source software, Odoo, is available with SaaS subscription pricing as the Enterprise edition or as the Odoo free Community version.

Odoo apps for ERP and CRM include:

  • • Accounting
  • • Subscriptions
  • • Planning
  • • Consolidation
  • • Invoicing
  • • Timesheets
  • • Manufacturing MRP
  • • Field service
  • • Inventory management and warehouse management
  • • Human resources, including apps for Recruitment and Employee Referral
  • • eCommerce
  • • Point of sale
  • • Helpdesk for customer support
  • • Project management
  • • Product Lifecycle Management (PLM)
  • • eLearning
  • • CRM (customer relationship management)
  • • Website builder with Odoo CMS
  • • Marketing, including apps for Marketing Automation, Email Marketing, and Social media
  •  

Odoo Enterprise edition is desktop or cloud-hosted Odoo Online, available anywhere and from any device. Mobile device operating systems include the Apple iOS and Google Android. Odoo Community version is available only as a desktop ERP solution and CRM. Odoo Enterprise has many more features.

People ask what Odoo means. As an acronym, Odoo stands for OnDemand (SaaS) Offer from OpenERP, according to a reference to a 2009 blog post in an Odoo forum. Others think Odoo means On Demand Open Object. Odoo started in Belgium as TinyERP, then switched the name to OpenERP before choosing Odoo for its company and open-source ERP software.

Which Types of Businesses Use Odoo?

Based on our Odoo review, Odoo is a reasonably good ERP solution for small businesses and some mid-sized companies that you should consider in your software evaluation. Odoo ERP can’t compete with pricey high-end systems like SAP or Oracle ERP. Businesses in many industries use Odoo software.

  • • Manufacturing companies
  • • Distribution companies
  • • Companies with field service operations
  • • R & D companies
  • • Accounting firms.
  • • IT companies with trained developers
  • • Service companies
  • • Marketing companies
  • • Training companies
  • • Consultants and Odoo Partners
  • • Retailers, including online ecommerce
  • • Brick-and-mortar businesses

What Are The Primary Features and Advantages of Odoo?

  • • Low-cost
  • • Ease of use
  • • Offers a comprehensive selection of Odoo apps
  • • Integrates with many third-party add-on software apps
  • • Offers an Odoo free version called Community

Odoo features include an extensive choice of business apps for many business requirements and industries. Businesses only pay for the apps that they need. For CRM, you can either use the Odoo CRM app or Salesforce. It’s easy to seamlessly integrate Odoo and third-party apps to streamline your business processes for operations, business management, and financial management. For experienced IT developers knowing Python and other computer coding languages, Community edition is free for the desktop, although it lacks many features included in the Enterprise edition.