What is Odoo?
Odoo, earlier known as OpenERP is a suite of enterprise management applications.
With a focus on organizations of all sizes, Odoo includes billing, accounting, manufacturing, purchasing, warehouse management and project management.
It is now a top open source ERP application and an ideal Enterprise Resource Planning software solution for small and medium businesses.
Why do companies choose Odoo?
It is comprehensive – It offers companies the functionalities their current ERP systems lack. With more than 1000 modules, Odoo is actively developed and supported by the community.
It is modular – Users can start Odoo with a few modules and add more as and when they need them.
It has updated technology – It is based on a technology stack that is state –of-the-art. These technologies continue to innovate and adapt to the latest prototypes.
Low TCO ( Total Cost of Ownership) – With no licensing fees, companies are able to spend their budget on implementation and customization
It is customizable – It is not only user friendly but also highly flexible. Odoo can be customized to fit an organization’s specific business requirements.
Odoo also has an exhaustive set of web hosting services allowing users to easily integrate it with other applications.
Odoo is available in three formats.
1. Community version, which is free open source.
2. Professional version, which has all the functions as the community version plus professional support.
3. A cloud hosted version as a software-as-a-service (SaaS) offering.