Here, we’ll share our findings and help you determine which of these platforms may best suit your enterprise needs.
Intuit’s QuickBooks Online is especially popular among small companies with fewer than 50 employees looking for simple accounting management. However the system can work well for some larger mid-level and enterprise companies as well.
QuickBooks Online enables tracking of sales and expenses, customer management, and collaboration with external accountants. However, for some, the switch to subscription-based pricing, limit of 25 concurrent users, and a need for some accounting knowledge to use it effectively may be less appealing.
In contrast, Odoo works as a light ERP is suitable for small firms with 1-10 employees or medium-sized businesses with 50-200 employees. Odoo offers a range of applications that extend beyond accounting features, integrating CRM, manufacturing, eCommerce, and more.
Odoo’s noteworthy advantages lie in its modularity, simplicity, and ease-of-use. The product becomes exceptionally handy as a business scales up and can include additional modules as needed. Especially affordable compared to its counterparts, Odoo offers potent inventory management functionalities. That noted, deploying Odoo, or customizing it to your company’s workflow, may require technical expertise or a dedicated support team.
While both QuickBooks Online and Odoo have innate strengths, we find that QuickBooks Online is generally more suitable for most businesses. QuickBooks Online’s user-friendly nature, the breadth of its features, and its wide adoption among accountants give it the edge. Plus, its simplified invoicing fit a broader range of businesses basic needs.
For those operations seeking a larger and modular ERP solution at a lower price point, especially if they have some in-house technical expertise, Odoo is a good option. Its strength particularly lies in helping businesses that have outgrown their simple accounting and inventory applications.
For a broader exploration, see our comprehensive roundup of the best ERP software.