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.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

Odoo

Odoo

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.

Categories:
open-source customizable accounting inventory crm sales project-management

Odoo Features

  1. CRM
  2. Accounting
  3. Inventory Management
  4. eCommerce
  5. Point of Sale
  6. Project Management
  7. Purchase Management
  8. Manufacturing
  9. HR
  10. Marketing Automation

Pricing

  • Open Source
  • Subscription-Based

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

Exact for Accounting

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.

Categories:
accounting bookkeeping invoicing financial-reporting general-ledger

Exact for Accounting Features

  1. General Ledger
  2. Accounts Receivable
  3. Accounts Payable
  4. Banking
  5. Inventory Management
  6. Financial Reporting

Pricing

  • Subscription-Based

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