Odoo or SAP ERP?

Odoo or SAP ERP ? If you are not an IT related person, you might be amazing what ODOO is . ?

Odoo is nothing but a suite of open-source business apps written in Python programming language and was released under the AGPL license . Odoo is the leading open source solution . The previous name of Odoo is Open ERP ( until May 2014 ) . The main Odoo components are the server , 260 core modules and around 4000 + community modules it does possess . Odoo has no licensing cost .

Odoo is a popular business suite for any business in the market . Sometimes , basic Odoo modules are capable to fulfill the requirements hence there is no need of any customization and customization charge…!

This is just an introduction we will check out all the details one by one …

MODULES AND FEATURES

1 . FINANCE AND ACCOUNTING MODULE –

1 . Basic Accounting

2 . Accounting Dashboard

3 . Dynamic Accounting

4 . Bank Interface

5 . Statement Import: Coda, OFX, QIF

6 . Check Printing & Deposit

7 . Customer Follow-ups

8 . Plaid Connector

9 . SEPA payments

10 . Payment Management

11 . Batch deposit

2 . CUSTOMER RELATION MANAGEMENT MODULE – CRM–

1 . Customer Relationship Management

2 . Lead Management / Opportunity Tracking

3 . Mail Gateways

4 . Direct Marketing

5 . Address Book

6 . Phone Calls

7 . Calendars

8 . Customer portal

3 . HUMAN RESOURCE MANAGEMENT MODULE – HRM –

1 . Employee Directory

2 . Expenses

3 . Vacations

4 . Recruitment

5 . Appraisals

6 . Departments Dashboard

7 . Skills Management

8 . Holidays

9 . Attendances

4 . PROJECT MANAGEMENT MODULE –

1 . Tasks

2 . Issues

3 .Timesheets

4 . Timesheets Chrome & Mobile App

5 . Forecasts

6 . Gantt Charts

7 . Operational Management

8 . Financial Management

5 . SALES MANAGEMENT –

1 . CRM

2 . Sales

3 . VoIP Integration

4 . e Signature

5 . Subscriptions

6 . Digital products

6 . INVENTORY AND SUPPLY CHAIN MANAGEMENT MODULE –

1 . Inventory Management

2 . MRP

3 . Purchase Management

4 . Bar code support

5 . Shipping: UPS, FedEx, DHL, USPS, Temando

6 . Multi-company flows

7 . MARKETING MODULE –

1 . Events

2 . Expenses

3 . Email Marketing

4 . Live Chat

5 . Lead Scoring

6 . Email Marketing Templates

8 . E COMMERCE MANAGEMENT MODULES –

1 . Magento Integration

2 . e Bay Integration

3 . Amazon.com Integration

4 . Channel Advisor Integration

5 . Shipping & Payments integration

9 . LOGISTICS MANAGEMENT MODULE –

1 .Ware house Management

2 . Shipping Management

3 . Manufacturing

4 . Quality & Repairs

5 . Products and price lists

ADVANTAGES OF ODOO

1 . LOW COST : –

You can easily download the software in free of cost ( community version ) . And you can experience its amazing capabilities . Your cost of investment is low due to the lack of licensing fees . Hence , you can allocate the major portion of the budget for implementation or customization according to your needs .

2 . MODULAR NATURE : –

Odoo is simply modular in nature . You can begin with simple basic modules and you can implement all other modules according to your future requirement . You can use each module separately or integrate with any other module as per your need .

3 . COMPREHENSIVE NATURE : –

Odoo offers a wide variety of functionalities .With the help of 260 core modules and 4000+ community modules Odoo helps us to meet all our requirement beyond our expectations . Odoo is a single platform to meet all our requirements .

4 . THE MOST ADVANCED TECHNOLOGY : –

Odoo is used modern and updated technology . And it always modifying or developing along with the new technology .

5 . CUSTOMIZATION IS EASY : –

In this competitive world each organization need continuous innovation for the growth of the organization . Hence to attain growth and efficiency each organization need some particular level of customization which is easily possible in Odoo . All you need is budget and right skilled people like Cybrosys technologies .

6 . SOURCE CODE AVAILABILITY : –

For Odoo – Source code can be purchased . Hence if your vendor decided to stops the support you can easily hire a new vendor and can find the required solution . Because of the source code availability you can do whatever you want with the help of your own good developers or with the help of vendors .

7 . NO LICENSING TROUBLE : –

You can freely download or copy Open Source Software and use it . Which eliminates the licensing problems . For example if you don’t have the license for the MS Windows operating system you could be charged for software piracy .

8 . USER FRIENDLY .

Hey the list is going on….

1 . Easy to use .

2 . The best business practices .

3 . Early and full ROI-(Return On Investment )

4 . Reduce task completion time .

5 . Easy enterprise-wide information sharing .

6 . Customizable and compatible to any environment .

SAP – SYSTEM APPLICATIONS AND PRODUCTS IN DATA PROCESSING

In the case of SAP which is the oldest ERP solution in the market . SAP is Systems Applications and Products in Data Processing . It was Founded in June 1972 . And after this many SAP ERP modules are developed . Each SAP module can be integrated with other modules .

SAP system is divided into two ; such as Functional Module and Technical Module .

FUNCTIONAL MODULE & SUB MODULES OVERVIEW

1 . FINANCIAL ACCOUNTING MODULE – F1 –

1 . General Ledger – GL

2 . Accounts Payable – AP

3 . Accounts Receivable – AR

4 . Bank and Cash Management .

5 . Budgeting and monitoring .

6 . Withholding Tax .

7 . Asset Accounting – AA .

8 . Funds Management – FM .

9 . Treasury Management – TM .

2 . CONTROLLING MODULE – CO –

1 . Product Costing ( CO – PC ) .

2 . Periodic Allocations .

3 . Profitability Analysis ( CO – PA ) .

4 . Cost Center Accounting ( CCA ) .

5 . Profit Center Accounting ( PCA ) .

3 . SALES & DISTRIBUTION MODULE – SD –

1 . Sales order Processing and Monitoring .

2 . Shipping .

3 . Bill / Invoice generation .

4 . Credit Management .

5 . Bill of Material .

6 . Pricing and Discounts .

7 . Statutory requirements .

4 . HUMAN RESOURCE MODULE – HR –

1 . Organizational Management .

2 . Personnel Administration .

3 . Recruitment Time management .

4 . Management Personnel Cost .

5 . Planning Budget .

6 . Payroll Benefits Compensation .

7 . Management Personnel .

8 . Development Training & Event Management .

9 . Travel Management .

5 . PRODUCTION PLANNING MODULE – PP –

1 . Production Planning .

2 . Production Order Processing .

3 . Demand Management – DM .

4 . Materials Requirement Planning – MRP .

5 . Shop Floor Control .

6 . Capacity Requirement Planning – CRP .

7 . Information Systems .

6 . MATERIALS MANAGEMENT MODULE – MM –

1 . Purchasing .

2 . Inventory Management .

3 . Inventory Valuation .

4 . Vendor Evaluation and Rating .

5 . Invoice Verification .

6 . Statutory Requirements .

7 . QUALITY MANAGEMENT – QM –

1 . Incoming Inspection .

2 . Process Inspection .

3 . Final / Delivery Inspections .

4 . Quality Reports / Certificates .

5 . Quality Notifications .

8 . PLANT MAINTENANCE MODULE – PM –

1 . Maintenance Planning .

2 . Breakdown Maintenance .

3 . Preventive Maintenance .

4 . Predictive Maintenance .

9 . PROJECT SYSTEMS MODULE – PS –

1 . Project Planning .

2 . Project Monitoring .

3 . Project Costing .

4 . Milestone Based Billing .

5 . Handling of WBS elements .

10 . SUPPLY CHAIN MANAGEMENT MODULE – SCM –

1 . Demand Planning – DP .

2 . Supply Network Planning – SNP .

3 . Production Planning / Detailed Scheduling ( PP / DS ) .

4 . Global Available to Promise check – GATP .

5 . APO with BW product .

6 . Transportation Planning / Vehicle Scheduling (TP / VS ) .

7 . Transport Load Builder .

DISADVANTAGES OF SAP

1 . EXPENSIVE : –

One of the main disadvantage is its cost itself . To implement and use SAP can be very expensive . You have to spend a lot of money in licensing and even more in infrastructure and consulting , ie ,. At its initial stage and the lifetime cost of SAP .

2 . TCO IS VERY HIGH : –

As you all know SAP has very high TCO – Total Cost Of Ownership , ie , very high acquisition and deployment cost .

3 . INFLEXIBILITY : –

It is inflexible . Because sometimes the package of vendor does not fit a company’s business model .

4 . COMPLEXIBILITY : –

Another disadvantage of SAP is the complexity built into the software . SAP only accepted own interface . It means that company have to change former business interface into new SAP preferred interface in order to operate SAP system properly . Most companies implement one feature or function of the software during a particular time, allowing employees to gain familiarity with the software before moving to the next stage . The complete implementation process may take several years .

5 . RETURN ON INVESTMENT – i : –

If a company installs the SAP software for their system then the Return On Investment will take time to be profitable . In short company will get profitable result but it will take a long time , hence a company whose purpose is to work for very short period ; then SAP is not useful to implement .

6 . LESS USER – FRIENDLY : –

It is not user – friendly . Rich internet applications are not effective if the technology we used is ep even though not all browsers support it . [ generally companies depends upon more than one technology to serve all the business needs ; ecc,bi,spolman,xi,srm,crm,ep,netweaver mobile are some examples and a lot more ] . In most cases it is used as back end to our business needs . Web dynpro are not compatible to all browsers and when ep applications are connected to back end systems its response time is very high . All SAP applications are not successful .

7 . LACK OF SECURITY : –

SAP have remote access to all your environment . Security level is very low .

8 . RECURRING UPGRADES : –

Exponential rise of upgrade cost is based upon customization of the software . And the upgrading is very difficult in the SAP system .

ODOO :

1 . Odoo being open source is free to use and distribute , and hence have lower cost compared to any other paid ERP system .

2 . More freedom and flexibility and easy to use .

3 . By the help of source code , the organization can hire competent developers to take care of the customization and there is no scarcity of them in the market .

4 . Customization is easy and cost effective .

5 . Compared to SAP return of investment is fast .

6 . User friendly .

ODOO OVERVIEW

Main functionality

1 . Accounting .

2 . Business Intelligence .

3 . CRM .

4 . E Commerce .

5 . Human Resources .

6 . Inventory .

7 . Maintenance .

8 . Manufacturing .

9 . Project Management .

10 . Sales & Marketing .

11 .Supply Chain .

ODOO ACCOUNTING FEATURES

1 . Accrual-Based Costing .

2 . Analytic Accounting .

3 . Bank Reconciliation .

4 . Billing & Invoicing

5 . Budgeting & Forecasting .

6 . Tax Preparation .

ODOO BUSINESS INTELLIGENCE FEATURES

1 . Custom Dashboards .

2 . Custom Reports .

3 . Predictive Analytics .

4 . Role-Based Dashboards .

5 . Scorecards .

ODOO HUMAN RESOURCE FEATURES

1 . Benefits .

2 . Employee Self-Service .

3 . Leave Management .

4 . Payroll .

5 . Performance Review .

6 . Recruiting .

7 . Time & Attendance .

8 . Training .

ODOO INVENTORY FEATURES

1 . Fleet Management .

2 . Inventory Forecasting .

3 . Multi-Location .

4 . Reorder Triggers .

5 . Tagging .

ODOO SUPPLY CHAIN FEATURES

1 . Bid management

2 . Demand Forecasting

3 . Order to Cash

4 . Inspection of Goods

5 . Product Configurator

6 . Request For Proposal

ODOO MAINTENANCE FEATURES

1 . Capital Projects .

2 . Energy Management .

3 . Fixed Assets .

ODOO MANUFACTURING FEATURES

1 . Quality Management

2 . Sampling

ODOO PROJECT MANAGEMENT FEATURES

1 . Agile

2 . Gantt Charts .

3 . Issue Tracking

4 . Resource Management

ODOO CRM FEATURES

1 . Call Center Support

2 . Contact Management

3 . Customer Self-Service .

4 . Estimating & Quoting .

5 . Field Service Management .

6 . Help Desk .

7 . Knowledge Base .

8 . Sales Force Automation

ODOO E-COMMERCE FEATURES

1 . Custom Design

2 . Custom Pricing .

3 . Customer Reviews

4 . Shopping Cart

ODOO SALES & MARKETING FEATURES

1 . A/B Testing .

2 . Email/SMS Marketing .

3 . Lead Management

4 . Marketing Automation .

5 . Web Analytics

ODOO PLATFORMS

1 . Online

2 . Onpremise

3 . Mobile

ODOO MOBILE PLATFORMS

1 . Android

2 . iOS

ODOO OPERATING SYSTEM

1 . Windows .

2 . Mac .

3 . Linux

SAP

1 . Cost is HIGH

2 . Less freedom & flexibility and complex

3 . In SAP, lack of free code can really hinder the growth of the company and this lead to vendor lock in .

4 . Customization cost is very high

5 . Slow return of investment

6 . Less user friendly .

SAP OVERVIEW

Main functionality

1 . Accounting

2 . Business Intelligence

3 . CRM

4 . E Commerce

5 . Human Resources .

6 . Inventory .

7 . Maintenance .

8 . Manufacturing .

9 . Project Management

10 . Supply Chain

SAP ACCOUNTING FEATURES

1 . Accrual-Based Costing

2 . Billing & Invoicing

SAP BUSINESS INTELLIGENCE FEATURES

1 . Custom Dashboards .

2 . Custom Reports .

3 . Role-Based Dashboards .

SAP HUMAN RESOURCE FEATURES

1 . Benefits .

2 . Payroll .

3 . Performance Review .

4 . Recruiting .

5 . Time & Attendance .

6 . Training .

SAP INVENTORY FEATURES

1 . Inventory Forecasting .

SAP SUPPLY CHAIN FEATURES

1 . Inspection of Goods

2 . Order to Cash

3 . Product Configurator

4 . Request for Proposal

SAP MAINTENANCE FEATURES

1 . Energy Management

2 . Fixed Assets

SAP MANUFACTURING FEATURES

1 . Quality Management

SAP PROJECT MANAGEMENT FEATURES

1 . Resource Management .

SAP CRM FEATURES

1 . Call Center Support .

2 . Contact Management .

3 . Estimating & Quoting .

4 . Help Desk .

5 . Sales Force Automation .

SAP PLATFORMS

1 . Online

2 . Onpremise

3 . Mobile

SAP MOBILE PLATFORM

1 . Android

2 . Mobile Website

SAP OPERATING SYSTEM

1 . Windows .

Odoo is more robust than SAP ERP in terms of features of accounting , business intelligence features, human resources features , inventory features , supply chain management features , maintenance features , manufacturing features , project management features , CRM features , e commerce features .

Odoo has a sales & marketing module available, allowing you to manage sales leads and make informed marketing decisions . SAP ERP is pretty lacking in this area .

So as we saw a lot of features associated with SAP software so these should keep in mind before going for SAP software. Now, the Odoo or SAP question is answered, you still need to find the right partners for implementation and play it safe…