All About Odoo 

What exactly is Odoo, what does Odoo offer and how expensive is it?

Find the answers to all of your questions down below!

What is Odoo?

Questions & Answers about Odoo

Is Odoo Open Source?

From the beginning, the company Odoo S.A or OpenERP S.A, published the software as an open source software. Open source means that the code is available for the public. So everyone can see the code, change it as they like and use it. 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. The price of Odoo Enterprise until 2022, on the other hand, consisted of several components. Important elements to calculate the price included: the number of users required, the size of the company, the specific requirements, the app or module selection, which Odoo version is required, 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, in addition to the new version Odoo 16, the new pricing model of Odoo was presented. Now there are three different choices. "One App for free" includes one app for free and can be used by any number of users. The "Standard" tariff includes all apps for a fixed amount of currently €19.90* (*The discounted price is valid for new customers, for their first 12 months - normally €24.90) per user and per month. Custom developments are not included. The custom plan, on the other hand, includes all apps and also supports on-premise, Odoo.sh, Odoo Studio, multiple companies and external API. The "Custom" plan currently costs €29.90* (*The discounted price is valid for new customers, for their first 12 months - normally €37.40) per user per month. Each of the plans includes unlimited support, hosting and maintenance.

Basically, in addition to the monthly or annual license fees, there is also a monthly amount for server use. However, this amount can be avoided by on-premise hosting, i.e. using it 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 Enterprise version is licensed 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. Officially, the core function of an ERP system is missing from the community version, as no more financial accounting (the "Accounting" module) is included.

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 purchase. 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.

The current open source version of Odoo was version 15.0 (Odoo V15). In October 2022, Odoo Version 16.0 (Odoo V16) was released at the Odoo Experience. The last three versions of Odoo are supported parallel to each other. When a new version is released, the 4th oldest version will reach the end of its lifespan and will no longer be supported.

As an example, Odoo version 14.0 (Odoo V14) is supported along with Odoo version 15.0 (Odoo V15) and Odoo version 16.0 (Odoo V16), but it will reach the end of its lifespan and will no longer be supported when the Odoo Version 17.0 (Odoo V17) is released. A new version of Odoo always brings many improvements to the software and modules, as well as extensions.

The source code for the OpenObject framework and the core ERP modules are provided by Odoo S.A. administered in Belgium. Odoo mainly uses Python scripting and PostgreSQL as database management systems as they are open source compatible and run on all major modern operating systems. The Odoo software can be accessed via a web browser in a one-page app developed in JavaScript. The Community Edition repository, which serves as a treasure trove for Odoo creations made by users for users, can be found on GitHub.

There is an Odoo app for every need.

Probably the most important and most used Odoo Apps for companies are the CRM module (customer management) 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 with products that 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 relevant apps.

About Odoo's Apps

Which Odoo apps and modules are there and what exactly do they have to offer? Find out more about the most important Odoo apps now!

About Odoo 16

Odoo 16 was released in October 2022 and 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!

To get a more defined insight into the different features of Odoo 16, stay tuned for our upcoming blog.

Interested in experiencing Odoo ERP in real-time?

Schedule your free Odoo Demo today!