All About Odoo
What exactly is Odoo, what does Odoo offer and how much does
Odoo cost? Find the answers to all of your questions down below!
What is Odoo?
Questions & Answers about Odoo
From the beginning, Odoo S.A or OpenERP S.A published its software as an open-source software. Open-source means that the code is available to the public. Everyone can see the code, change it as they like and use it however they like. Beginning with version 9.0, the company then moved to an open-core model, which includes subscription-based proprietary enterprise software and cloud-managed software as a service (SaaS), as well as a community version with limited functionality.
The Odoo Community Version is free and open source, but has limited functionality, while the Odoo Enterprise is priced. The price of Odoo Enterprise until 2022 consisted of several components, including the number of users, company size, users’ specific requirements, app or module selection, required Odoo version, whether programming is done or whether additional apps or modules had to be added, how short or long term the Odoo implementation is scheduled, and much more.
At the Odoo Experience 2022, Odoo’s new pricing model was presented in addition to the new Odoo 16 version. Now, there are three different pricing options: one app for free, standard tariff and custom plan.
- "One App for free" includes one app for free and can be used by any number of users.
- "Standard" tariff includes all Odoo apps for a fixed amount which is currently €19.90* per user per month (*The discounted price is valid for only new customers, for their first 12 months - normally €24.90). Custom developments are not included in this package.
- The "Custom" plan includes all apps and also supports on-premise, Odoo.sh, Odoo Studio, multiple companies and external APIs. The "Custom" plan currently costs €29.90* per user per month (*The discounted price is valid for only new customers, for their first 12 months - normally €37.40).
Each of the plans includes unlimited support, hosting and maintenance.
In addition to the monthly or annual license fees, there is also a monthly fee for server use. However, this amount can be avoided by on-premise hosting, i.e., using the Odoo software on your own server. In general, it can be said that Odoo, with its range of functions, represents the best price-performance ratio for ERP software compared to its best-known competitors SAP (SAP Business One), NetSuite (Oracle) and Microsoft Dynamics (MS Dynamics 365).
Odoo has a free community version with limited functionality and an enterprise version. The Odoo community version is free but with limited functionality. The Enterprise version, on the other hand, is licensed, comes at a fee and adds various commercial and service features to the Community version. The full scope of Odoo can only be obtained by purchasing the Enterprise version – the core function of an ERP system is missing from the community version, as financial accounting (the "Accounting" module) is no longer included in the free version.
A large number of freelancers and organizations continue to develop Odoo by developing apps or modules, which can then be offered on the Odoo marketplace either for free download or for a fee. This allows Odoo to be expanded as required through downloads. The main components of Odoo are OpenObject Framework, about 30 core modules (also called official modules) and more than 16,000 community modules for the different Odoo versions. Most Odoo modules are available in the Odoo marketplace.
Version 15.0 (Odoo V15) was the last open-source version of Odoo before the October 2022 announcement. Odoo Version 16.0 (Odoo V16) was released at the Odoo Experience in October 2022. The last three versions of Odoo (Versions 14, 15 and 16) are supported parallel to each other. When a new version is released, the 4th oldest version reaches the end of its lifespan and will no longer be supported.
As an example, Odoo version 14.0 (Odoo V14) is currently supported along with Odoo version 15.0 (Odoo V15) and Odoo version 16.0 (Odoo V16), but version 14.0 will reach the end of its lifespan and will no longer be supported once Odoo Version 17.0 (Odoo V17) is released. A new version of Odoo always brings many improvements to the software, modules, and extensions.
All the Odoo apps and modules are relevant as they are designed to meet different needs. There is an Odoo app for every need.
But we can say that the most used Odoo apps for companies are the CRM (customer management) module and the Sales App. They are essential for almost every business. But the website module as well as the various marketing and social media apps can also be relevant for specific purposes. For example, do you want to operate an e-commerce platform selling products you manufacture yourself? Then, in addition to the usual apps, modules such as manufacturing, inventory (warehouse), accounting (bookkeeping), website and CRM should also be considered. Below, we will outline the main features of the most used apps.
About Odoo's Apps
Which Odoo apps and modules are there and what exactly do they offer? Find out more about the most important Odoo apps now!
About Odoo 16
Odoo 16 was released in October 2022. This new version includes a variety of improvements and new workflow optimization features! To give a quick overview, we have summarized some of the largest and most important Odoo 16 implementations. Find out everything you need to know about Odoo 16 here!
To get a more defined insight into the different features of Odoo 16, read our blog: What's new in Odoo 16.
Interested in experiencing Odoo ERP in real-time?
Schedule your free Odoo Demo today!