Odoo vs Exact for Accounting

Struggling to choose between Odoo and Exact for Accounting? Both products offer unique advantages, making it a tough decision.

Odoo is a Business & Commerce solution with tags like open-source, customizable, accounting, inventory, crm, sales, project-management.

It boasts features such as CRM, Accounting, Inventory Management, eCommerce, Point of Sale, Project Management, Purchase Management, Manufacturing, HR, Marketing Automation and pros including Open source, Highly customizable, Modular structure, Large community support, Available on premise or in cloud, Mobile app available, Integrates with other systems.

On the other hand, Exact for Accounting is a Business & Commerce product tagged with accounting, bookkeeping, invoicing, financial-reporting, general-ledger.

Its standout features include General Ledger, Accounts Receivable, Accounts Payable, Banking, Inventory Management, Financial Reporting, and it shines with pros like Comprehensive accounting features, Suitable for small and medium-sized businesses, User-friendly interface, Integrates with various business applications.

Feature	Odoo	Exact for Accounting
Overall Score	N/A	N/A
Primary Category	Business & Commerce	Business & Commerce

Product Overview

Odoo

Description: Odoo is an open source enterprise resource planning (ERP) software that covers a wide range of business needs such as accounting, inventory, CRM, sales, project management, and more. It is highly customizable and has a large community supporting it.

Exact for Accounting

Description: Exact for Accounting is an accounting software designed for small and medium-sized businesses. It offers features for general ledger, accounts receivable, accounts payable, banking, inventory, and financial reporting.

Key Features Comparison

Odoo Features

• CRM
• Accounting
• Inventory Management
• eCommerce
• Point of Sale
• Project Management
• Purchase Management
• Manufacturing
• HR
• Marketing Automation

Exact for Accounting Features

• General Ledger
• Accounts Receivable
• Accounts Payable
• Banking
• Inventory Management
• Financial Reporting

Pros & Cons Analysis

Odoo

Pros

• Open source
• Highly customizable
• Modular structure
• Large community support
• Available on premise or in cloud
• Mobile app available
• Integrates with other systems

Cons

• Steep learning curve
• Can be complex for small businesses
• Third party apps vary in quality
• Upgrades can cause issues
• Limited support options

Exact for Accounting

Pros

• Comprehensive accounting features
• Suitable for small and medium-sized businesses
• User-friendly interface
• Integrates with various business applications

Cons

• Limited customization options
• Relatively complex for basic accounting needs
• Pricing can be expensive for smaller businesses

Pricing Comparison

Odoo

• Open Source
• Subscription-Based

Exact for Accounting

• Subscription-Based