Odoo ERP Pricing- Detailed Cost Analysis for Choosing the Right Plan

  • Published : Mar,19,2024
  • By: Kunjan Jasani
  • Updated: Mar 19, 2024
Odoo ERP Pricing- Detailed Cost Analysis for Choosing the Right Plan

Small and mid-sized businesses (SMBs) need high productivity with streamlined workflows to achieve growth. However, they have to deal with budgetary limitations and shortage of resources. Thankfully, an advanced solution, known as Odoo ERP software, lends a helping hand for SMBs. Let’s understand the Odoo ERP pricing model to make the right choice for your business.

Before moving ahead, let’s have a brief introduction of Odoo as an open-source ERP solution and its importance in modern businesses.

A Brief Overview of Odoo as an ERP

Odoo is a completely customizable, all-in-one, and full-fledged ERP software. It has tens of hundreds of highly useful applications that suit all sizes of businesses. Odoo ERP software can assist startups and SMBs to meet diverse operational requirements effectively.

Talking about the Odoo ERP pricing model, this platform enables users to access more than 70 applications and modules at a single price. Even startups and small-scale businesses can leverage its benefits as all the models are highly cost-efficient. Let’s dig deep into the cost analysis for Odoo ERP.

Odoo ERP Pricing- Complete Cost Analysis

Odoo offers an easy licensing process which is suitable for a range of businesses from a 5-person small company to a 2000-person large enterprise. The best thing about the Odoo ERP pricing model is users need not to pay for features they do not use.

The Odoo Enterprise model has two types of pricing models-

1. Cost Per User or Seat

Here, you need to pay a fixed Odoo license cost for a seat or a user every month. If we consider Odoo Pricing in the USA, it is currently $28/user/month. The first-time Odoo Enterprise user will get the Odoo license cost at $24/user/month.

2. Cost for Odoo Applications

As mentioned above, Odoo is a comprehensive suite of applications that cover all the departments of your company. You can choose the necessary apps from this suite with a fixed monthly fee. Here, there is no restriction of the number of users accessing these applications.

Moreover, Odoo ERP is available in three different versions-

• Odoo Online (SaaS-based without customized modules)
• Odoo.SH (Hosted solutions with custom modules)
• Self-hosting on the cloud

Odoo Community is completely free and you can host it on-premise or on the cloud using AWS.

Odoo also facilitates users to pay for the difference, uninstall any unused app or remove the surplus user. The license agreement gives users unconditional access to the platform providing they do not add any unlicensed user or install an app in the system without paying for it.

Let’s understand the Odoo ERP pricing through an example.

Odoo’s CRM app costs $24/month. If you own a 10-person company and need only the Odoo CRM app as a first-time customer, you need to pay $240/month for 10 users along with the CRM app cost of $24/month. In total, you can use the CRM app with 10 users at $264 a month.

Cost Benefits of Hiring Odoo Implementation Partners

Hiring Odoo implementation partners can offer several advantages to your company. Here we mention some cost-related benefits of assigning Odoo implementation to reputed partners.

Cost Benefits of Hiring Odoo Implementation Partners

1. Reduced Training Costs

Many Odoo partners include training and onboarding in their packages, ensuring your team is comfortable using the system from the first day. It can streamline training processes and you can get rid of paying extra.

2. Higher Transparency

Official Odoo partners provide you with upfront cost estimates and project plans, allowing for better budgeting and avoiding hidden costs. This transparency can help you choose the right model without any worry.

3. Comprehensive Solution

Odoo partners can offer a holistic package that includes software licenses, hardware recommendations, integrations, and customization. You can get a complete solution under one roof with proper implementation.

4. Efficient Implementation

Partners have vast experience in streamlining Odoo deployments, which can save time and money for your business. You can make the most of Odoo ERP solutions with accurate deployment into your business system.

It is always better to hire implementation partners rather than implement Odoo yourself or with the help of other users. You can approach a reputed Odoo ERP consulting company to know more about these benefits and select the right plan for your organization.

How to Choose the Right Odoo ERP Plan for Your Business

Choosing the right Odoo ERP pricing model for your business requires careful consideration of several factors. First, you need to assess your company’s needs thoroughly. You need to identify your pain points and areas for improvement. It will help you indicate which departments will benefit most from Odoo’s functionalities.

Next, research the Odoo pricing. Odoo ERP software offers a modular system, so you can choose the specific applications that align with your needs. Odoo ERP has features and functionality for all departments ranging from CRM and inventory management to accounting and project management. It is better to consider your budget alongside the features of each plan.

Finally, you need to explore partnering with reputable Odoo implementation specialists. They can guide you through selecting the most suitable plan, ensure a smooth implementation process, and provide valuable training and support. Hope these steps will help you choose the optimal Odoo ERP plan to streamline your business operations without spending additional costs.

Concluding Remarks

Odoo ERP solution offers a cost-effective platform for addressing all the requirements of startups and SMBs. It has several pricing models to choose in line with the company’s growth perspectives and budgetary limitations. However, it is of utmost importance to consult an experienced and reliable Odoo implementation partner to get proper guidance and implementation.

Silver Touch Technologies is a reputed Odoo ERP consulting and implementation company. Our expert business consultants can help you find the most suitable Odoo ERP plan to meet complex needs of your company. Do you want to schedule a free demo or get a quote for Odoo implementation? Simply drop us a line at info@silvertouch.com and we will get back to you.

FAQs

Odoo Enterprise offers two main pricing models:

  • Cost Per User: You pay a fixed monthly fee for each user who will be using the Odoo platform.
  • Cost per Application: You pay a fixed monthly fee for access to specific Odoo applications that your business needs.

The best Odoo ERP pricing model for your business depends on several factors, such as the number of users, the specific applications you need, and your budget. If you have a small team and only need a few applications, the cost per application model may be the most cost-effective option. However, if you have a larger team and need access to all of the Odoo applications, the cost per user model may be a better choice.

There are several benefits to hiring an Odoo implementation partner, including:

  • Reduced training costs
  • Higher transparency in pricing
  • A comprehensive solution that includes software, hardware, and customization
  • Efficient implementation to save time and money

To choose the right Odoo ERP plan for your business, you should:

  • Assess your company's needs and identify your pain points.
  • Research the Odoo pricing and features of each plan.
  • Consider your budget.
  • Explore partnering with a reputable Odoo implementation specialist.

Odoo prioritizes data security with features like role-based access control, regular backups, and secure data centers. They also comply with various data privacy regulations like GDPR.

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