Odoo vs ERPNext – Comparison to choose the best ERP for your Business

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Enterprise resource planning (ERP) has become an essential tool for organizations to simplify operations and drive business growth. Industry leaders predict that the ERP market will expand beyond $50 billion by 2025.

Statistically, around 49.8% of companies are acquiring, upgrading, or planning to update ERP systems (Source: Oracle). However, for most businesses, like yours, “which ERP should I choose for my business?” remains the forefront question. Because the sole aim of ERP Implementation is to benefit businesses and improve ROI on technology spending.

And so, we have planned to come up with this guide article to help you choose the best ERP software from Odoo vs ERPNext. This shoulder-to-shoulder comparison between ERPNext vs Odoo ERP is based on features, functionalities, and industry-specific solutions that will help you choose the most adequate ERP solution for your business.

Odoo and ERPNext- An Abstract

An ERP survey found out that 93% of organizations report their ERP projects as successful.

The reason for its popularity? Built on a centralized database, ERP systems consolidate all business operations into an organizational environment that can be easily shared with the workforce and decision- makers. Let’s review the fundamentals of both ERP platforms; Odoo and ERPnext.

Odoo ERP

Odoo Dashboard Banner

Odoo ERP is Belgian-build open-source and all-in-one suite of business management applications and tools, including e-commerce, CRM, accounting, marketing, manufacturing, inventory, project, HR, and more, developed by Odoo SA.

Offering a wide range of features, Odoo focuses on both SMEs and large businesses. Moreover, it offers a larger selection of modules (both free and paid) that you can easily choose and integrate each other. Its modular design and larger development pool make it easier for your business to customize for specific needs.

ERPNext

ERPNext Dashboard Banner

In contrast, ERPNext is another open-source ERP platform for business process management. Developed by Frappe Technologies, it is based on the MariaDB database system and utilizes a server-side framework called Frappe, written in Python.

ERP next is a user-friendly and easily-customizable software as well. However, it has limitations when it comes to extensive modifications. It highlights core features and interface since it is built for small and medium-sized enterprises. The platform is developed for holistic purposes that cover essential business operations, although it is less modular.

Capabilities Odoo ERPNext
Target Audience Small, medium, and large Enterprises Small and medium Businesses
Module Approach Modular (choose and integrate) Built-in suite
Customization More options, complex setup Less extensive modification
Community Support Larger, global community Smaller, community-driven
Pricing Open-source with paid options Open-source with optional paid support

ERPNext vs Odoo – In-detailed features comparison

According to a study, more than 15% of businesses blame poor quality of software, but 50% fail the first time around while implementing an ERP system (Source: Technology Evolution Centers). So, it becomes critical for your business to choose the ERP system carefully.

Check the below features and functionality for your unique

Modules, Features & Functionalities Odoo ERPNext
General
Multilingual Yes Yes
Mobile use and responsiveness Yes Yes
Cloud Yes Yes
Hosting Yes Yes
Upgrades and latest versions Yes Yes
Modern user interface Yes No
Advanced search Yes Yes
Generative AI integration Yes No
Email bounce feedback Yes No
PWA Yes Yes
Manufacturing
Multi-level Bills of Material (BOM) Yes Yes
Manufacturing orders Yes Yes
Workflow customizability Yes No
Material Request Planning Yes Yes
Multiple scheduling plans No Yes
Reschedule manufacturing Yes No
Preventive Maintenance Yes No
Maintenance schedule Yes Yes
Overall equipment effectiveness Yes No
Manufacturing tracking Yes Yes
Automated time tracking Yes No
Manufacuring costing Yes Yes
Cost analysis Yes No
Inventory management
Multi-warehouse management Yes No
Storage locations Yes No
Purchase receipts Yes Yes
Quality checks Yes Yes
Rentals Yes No
Material returns Yes Yes
Lots/serial numbers Yes Yes
Maintenance schedule Yes Yes
Shipment quotation Yes No
Audit trail Yes No
Vendor pricelist Yes No
Delivery Note Yes Yes
CRM (Customer Relationship Management)
Inbound leads Yes Yes
Predictive lead scoring Yes No
Deduplication Yes Yes
Pipeline management Yes Yes
Schedule Meetings Yes No
Activities and calls management Yes Yes
Live chat Yes No
Campaign management Yes Yes
GeoIP (Internet geolocation) Yes No
Sales management
Sales quotations Yes Yes
Pricelists Yes Yes
eSign Yes Yes
Payment gateways Yes No
Sales orders Yes Yes
Invoices Yes Yes
Blanket order No Yes
Contracts Yes No
Third-party shipments Yes No
Integration capabilities Yes Yes
Accounting & finance management
Multi-companies Yes No
AI-powered invoice digitization Yes No
Company Setup No Yes
Distributed cost center No Yes
Budget management Yes Yes
Asset & liability management Yes No
Website & e-commerce
Product listing Yes Yes
Product configurator Yes No
Building blocks Yes No
Optional themes Yes Yes
Website forms Yes Yes
Live chat Yes No
eWallet Yes No
Customer service & helpdesk
Ticket management Yes Yes
Multi-channel support Yes No
Custom pipeline staging Yes No
Automated assignment Yes No
Returns & refunds Yes No
SLAs (Service Level Agreements) Yes Yes
Customer feedback and reviews Yes Yes

Which ERP system should you choose from Odoo vs ERPNext?

When it comes to choosing the best open-source ERP software, both Odoo ERP and ERPNext can be considered ideal solutions. However, you should consider the size of your business, budget, scalability, flexibility, customizability, and the main reason behind using it.

Considerations Odoo ERPNext
Employees/users 1 to 500+ 1 to 50
Customer Support 4.5/5 4.1/5
Customization More options, complex setup Less extensive modification
Pricing $7/month/user for all applications and online version $50/month for unlimited users and hosting
Trial 14-days Free Trial 14-days Free Trial
Training Live, In-person, Webinar Live, In-person, No Webinar
Documentation Available Available
Ease of Use Easily customizable and more scalable Easily customizable

Final verdict

Considering the above comparison, facts, and advantages, you should consider their specific needs and digital transformation goals while choosing the best ERP system from Odoo vs ERPNext. Both Odoo and ERP Next offer a wide range of capabilities, features, and functionalities to manage your business operations and drive business growth.

However, we recommend Odoo ERP as the preferred choice for ERP implementation and business growth, due to its comprehensive solutions, additional features, and competitive pricing. As a top ERP company, we specialize in delivering customized solutions for your specific business needs and challenges. If you're interested in our Odoo Consulting Services and how they can help drive business transformation within your organization, please feel free to get in touch with us.

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2 - 4 October 2024

Hall: 10, Booth: #B8 Brussels, Belgium