Oracle EBS Financials vs Odoo Accounting Comparison

82% 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

Oracle EBS Financials

Accounting Software

3.9 2,701 user ratings

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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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Overview

Description	Oracle E-Business Suite Financials aims at increasing efficiency of your business and reducing the back-office costs. The centralized architecture for accounting, taxes, payments, and banks allows the business to increase ‘Shared Services Efficiency’. The E-Business suite also helps in saving crucial time during decision making by providing seamless integration with business intelligence and offering market-leading planning and consolidation solutions. The software also ensures to manage enterprise risk and reduce compliance costs with end-to-end processes for governance, risk, and compliance. Read more	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
Pricing Options	Free Trial Not Available Offers Custom plan.	Free Trial Available Starts at $24.90. Offers Free-forever plan.
SW Score & Breakdown	82% 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 83% Momentum 60% Popularity 62%	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%
SaaSworthy Awards	# 19 Highly Rated	Not Available

Features

Total Features	12 Features	14 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. Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. 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 + 9 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. Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. 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

Technical Details

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

Reviews & Ratings

User Rating	3.9/5 2,701 user ratings	3.9/5 380 user ratings
Rating Distribution	Excellent 17% Very Good 57.1% Average 21.5% Poor 3.1% Terrible 1.3%	Excellent 50.3% Very Good 24.7% Average 7.6% Poor 1.8% Terrible 15.5%
User Sentiments	Robust Financial Modules, Comprehensive Financial Reporting, Easy to Use Interface, Extensive Integrations Outdated User Interface, Slow Performance, Complex Implementation, Costly Licensing	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
Review Summary	Oracle EBS Financials is a robust enterprise resource planning (ERP) solution that users praise for its comprehensive functionality, strong integration capabilities, and ability to handle large amounts of data. While users like its ease of use and strong reporting features, they often point to concerns about the outdated user interface, slow performance, and sometimes unreliable technical support. Additionally, the cost of Oracle EBS Financials can be a barrier for some companies.	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.
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Pricing

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