Odoo Accounting vs M3 Comparison

87% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Odoo Accounting

Accounting Software

3.9 380 user ratings

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85% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

M3

Accounting Software

4.8 8 user ratings

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Overview

Description

Odoo Accounting as an intuitive accounting software comprises a variety of essential tools for growing businesses. For starters, a beautifully designed user interface greets all users, allowing them to navigate without hassles. Users can keep a track of their matters of interest and receive real-time notifications regarding the same. Since Odoo Accounting is accounting redefined, automation reduces a lot of actual paperwork that were previously required to prepare invoices, print them and maintain a record of bank statements as well. Further, payments with several invoices can be reconciled using an option for the same on the payment form. Odoo invoices for customers are detailed with essential inclusions like payment terms, service taxes and discounts, besides being compatible with multiple payment modes at the same time. Moreover, the Odoo pivot table provides real-time business insights and allows users to navigate through relevant information and multiple standard tables for a clear overview. Read more

M3 is an accounting and analytics platform specifically built for the hospitality industry. The solution provides powerful accounting and financial analysis with basic accounting modules, customizable dashboards, centralized data with information modules, and time tracking with modules. Time management. M3 works with systems and tool providers for talent, payroll and wealth management for end-to-end hotel management.The M3's Core Accounting Module allows users to streamline accounting capabilities and improve the financial performance of the company's entire portfolio with over 16 easy-to-use components. Accounting functions include accounts receivable and payments, centralized financial data for all financial transactions, bank reconciliation, and cash management. For financial analysis and management, Accounting Core provides daily reports with PMS charts, budgets and financial forecasts, and the ability to import and export financial data.The M3 Insight Module allows users to visualize and leverage financial and customer data with customizable dashboards and reports from a variety of systems. Insight allows users to uncover key data points and key trends, thereby optimizing business intelligence. Insight provides a seamless self-service experience for managing and reporting financial and customer data through automated collection, normalization, and reporting.M3 provides additional resources for training and implementation support, as well as customer support through the online help desk. Read more

Pricing Options

Free Trial Available
Starts at $24.90. Offers Free-forever plan.

Free Trial Not Available
Offers Custom plan.

SW Score & Breakdown

87% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

95%
Reviews

81%
Momentum

67%
Popularity

65%

85% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

90%
Reviews

73%
Momentum

63%
Popularity

78%

Features

Total Features	14 Features	11 Features
Common Features for All	Accounts Payable Handling the money owed by a business to its suppliers. Accounts Receivable Handling the money the client owes to the company. Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement. Billing and Invoicing This feature helps in issuing and handling the invoice and bills. CPA Firms Offers collaboration with a professional expert for financial and consulting services. Cash Management Collection and management of cash. Collections Recovery of cash from a business or individual. Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process. General Ledger Maintaining and recording all the accounting related transactions. Multi-Currency Enables payment and collection in multiple currencies. Payroll Handling the salary payable to the employees Project Accounting Creation of financial reports specifically designed to track the financial progress of projects Purchasing Acquiring goods or services required for the business at minimal cost Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time + 11 More - Show Less	Accounts Payable Handling the money owed by a business to its suppliers. Accounts Receivable Handling the money the client owes to the company. Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement. Billing and Invoicing This feature helps in issuing and handling the invoice and bills. CPA Firms Offers collaboration with a professional expert for financial and consulting services. Cash Management Collection and management of cash. Collections Recovery of cash from a business or individual. Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process. General Ledger Maintaining and recording all the accounting related transactions. Multi-Currency Enables payment and collection in multiple currencies. Payroll Handling the salary payable to the employees Project Accounting Creation of financial reports specifically designed to track the financial progress of projects Purchasing Acquiring goods or services required for the business at minimal cost Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time + 8 More - Show Less

Technical Details

Organization Types Supported	Large Enterprises Medium Business Small Business	Large Enterprises Medium Business Small Business
Platforms Supported	SaaS/Web/Cloud Mobile - Android Mobile - iOS	SaaS/Web/Cloud Mobile - Android Mobile - iOS
Modes of Support	Business Hours Online	Business Hours Online
API Support	Available	NA

Reviews & Ratings

User Rating	3.9/5 380 user ratings	4.8/5 8 user ratings
Rating Distribution	Excellent 50.3% Very Good 24.7% Average 7.6% Poor 1.8% Terrible 15.5%	Excellent 75% Very Good 25% Average 0% Poor 0% Terrible 0%
User Sentiments	User-Friendly Interface, Comprehensive Accounting Features, Extensive Integrations, Efficient Financial Management Inadequate Customer Support, Complex Customization Process, Software Bugs and Glitches, Limited Multi-Currency Support	Not Available
Review Summary	Users appreciate Odoo Accounting's user-friendliness, customization options, and the comprehensive suite of accounting features. It integrates seamlessly with other Odoo modules, enabling efficient management of various business aspects. Additionally, users value the strong customer support provided by Odoo. However, some users have reported issues with the accuracy of financial reports, occasional glitches, and the need for improvement in inventory management capabilities. Overall, users find Odoo Accounting to be a reliable and feature-rich accounting solution for businesses of all sizes.	Not Available
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Pricing

Pricing Options	Free Trial Available Starts at $24.90. Offers Free-forever plan.	Free Trial Not Available Offers Custom plan.
Pricing Plans Monthly Plans Annual Plans	One App Free Free Standard $24.90 $31.10 per user / month Custom $37.40 $46.80 per user / month	M3 Custom
	View Detailed Pricing	View Detailed Pricing

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