Odoo vs ERPNext – Comparison to choose the best ERP for your Business
March 12, 2024
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 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
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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