Odoo & The Competition

  • Lynne Becera | January 2021 | Fact Checked Review

We review 3 of the top inventory management software solutions in the market. Rankings are based on user reviews, product features, user experience, implementation, and price.

Top 3 options are:

  1. Odoo  – $24 per user per month, priced per app/integration ($12-$96 per app/integration) 
  2. Netsuite  – base prices for a license start from $999 p/month
  3. Skubana – depends on your requirements but starts at approximately $1000 p/month

Odoo was rated as number 1, let’s take a look at each solution in turn below: 

#1 Inventory Management System

Odoo – $24 per user per month, and you build out integrations/apps as needed.

After reviewing their product & online customer reviews Odoo was our top pick. Odoo have a uniquely customizable system makes inventory tracking a breeze across any industry. Their pricing is “a-la-carte”, what does that mean? Well you just add the integrations & apps you need for you unique business, which gives you total flexibility and the best cost.

Every integration requires time (Netsuite has some horror stories), and every deployment comes with a high risk of failure. Odoo was the most agile in that respect.  

WHY Odoo ARE #1:

  1. Per App/Integration pricing – click here to see their pricing, we loved the flexibility & transparency.
  2. Maximize your warehouse efficiency – Odoo’s modern online warehouse management software suits small businesses well. 
  3. Improve performance & process time – Better organize your warehouse with the smart double entry inventory system.
  4. Less stock, no stockouts – Their system’s automated RFQs make your supply chain more efficient than ever.
  5. Ease of use – their cutting-edge automation and advanced routes to manage any warehouse 
  6. Total traceability – their system tracked every stock move with a unique double-entry inventory system.

  7. Clear and complete reporting- Stay in the know with real-time reports.

CONSIDERATIONS:

  1. Some reviews mentioned that Odoo is the ERP of the future.
  2. If your business requires a highly bespoke enterprise solution then the cost can get high
Visit #1 | Odoo Here

Customer Reviews

Odoo brings ERP at the best price point - without compromising on features! No other ERP comes close to this level of support and user satisfaction. The bigger companies get you bogged down with years of custom development that you don't really need. Odoo cuts through to give you just what you need, and then supports you through the years with upgrades and maintenance.
"Odoo is the ERP of the future"
"Best ERP for the money. Punches above its weight."
Book A Demo Here

2. Netsuite

Netsuite – base prices for a license start from $999 p/month 

NetSuite is, simply put, HUGE. It is the #1 enterprise software in the world and with size comes complexity. There are plenty of businesses of all sizes that love Netsuite, and plenty that don’t. Netsuite are a cloud ERP solution, providing a suite of applications, from accounting and financial planning, to warehouse management, ecommerce, inventory management.

One thing about NetSuite is engineered to scale with businesses as you grow and to streamline mission-critical processes. 

WHAT WE LIKED:

  1. Omnichannel experience
  2. Scalable integration
  3. Highly customizable (at a cost)
  4. Great reporting tools

CONSIDERATIONS:

  1. Cost – it can get really expensive, we read a lot of online reviews complaining about the cost vs other solutions. 
  2. Integration – again, a lot of complaints online from customers having long and arduous implementation cycles. 

3. Skubana

Skubana starts from $1000 per month, you’ll need to confirm costs after speaking with their sales consultant

Skubana suits small and large businesses, and businesses at any stage of growth. They are described as multichannel brands and high-volume marketplace sellers. They are a cloud platform that boosts (their words, not mine) that they “minimize storage costs, dead stock, stockouts, balances your inventory turnover ratio, and frees up capital”. Skubana suit multichannel brands and does a good job of establishing a holistic view of your sales data, fulfillment data, and automated supply chain management across most channels. 

WHAT WE LIKED:

  1.  Easy to manage multi-channel orders 
  2. Ability to integrate with sales channels and warehouses
  3.  Inventory tracking was solid

CONSIDERATIONS:

  1. Cost – although cheaper than Netsuite for most small businesses, it’s not the cheapest solution. If cost is a priority over customizability then you should consider Cin7

Our Conclusion

They all have pros and cons, but after careful review Odoo was our top choice due to its best price point and all-in-one ERP. Odoo’s inventory management System is modern, simple yet very powerful and precise cloud inventory management software.

Netsuite is amazing, but it’s a lot to implement, operate, and its price can be prohibitively expensive.  Finally, Skubana is on our last spot due to their higher plan pricing although they have grown into a leader in marketing automation.

Our review is not meant to be exhaustive, these are complex SaaS products. But after careful review we do think Odoo have an edge, especially for SMB’s looking for a cost effective solution. We recommend booking a consultation to learn more about which solution would suit you best. 

Visit #1 | Odoo Here