Compare Odoo and The Financial Edge - Dec 2022

Shlomi LaviShlomi Lavi / Dec 28, 2022

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Bottom Line: Which is Better - Odoo or The Financial Edge?

The Financial Edge is more expensive to implement (TCO) than Odoo, and Odoo is rated higher (90/100) than The Financial Edge (80/100). The Financial Edge offers users more features (15) than Odoo (0).

Looking for the right Inventory Management solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Odoo Vs. Blackbaud

Odoo: Odoo is an open-source suite of integrated business applications actively programmed, supported, and organized by Odoo SA. Odoo is similar to many open-source projects where customized programming, support, and other services are provided by an active global community and partners network. The community is comprised of more than 1,500 active member...

Blackbaud: Serving the nonprofit and education sectors for 30 years, Blackbaud (NASDAQ: BLKB) combines technology and expertise to help organizations achieve their missions. Blackbaud works with more than 27,000 customers in over 60 countries that support higher education, healthcare, human services, arts and culture, faith, the environment, independent K-12 ...

Who is more expensive? Odoo or The Financial Edge?

The real total cost of ownership (TCO) of Inventory Management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Odoo and The Financial Edge.

Odoo price starts at $6 per user/month , On a scale between 1 to 10 Odoo is rated 2, which is much lower than the average cost of Inventory Management software. The Financial Edge price starts at $299 per user/month , When comparing The Financial Edge to its competitors, the software is rated 6 - similar to the average Inventory Management software cost.

Bottom line: The Financial Edge is more expensive than Odoo.

Which software includes more/better features?

We've compared Odoo Vs. The Financial Edge based on some of the most important and required Inventory Management features.

Odoo: We are still working to collect the list of features for Odoo.

The Financial Edge: Accounts Payable, Accounts Receivable, Audit Trail, Balance Sheet, Billing & Invoicing.

Target customer size

Odoo's typical customers include: SMBs, Financial Edge is ideal software for nonprofits, government agencies, educational institutions and any other type of organization that receives funding from multiple sources.



Odoo

ITQlick rating
(4.2/5)

starts at $6 per user/month

Odoo is a customizable fully integrated, and open-source project management software with a plethora of business applications such as manufacturing, project management, CRM, accounting, inventory and some other...

Categories: Budgeting & CPM, Data Analysis Tools, Document Management, Channel Management.

The Financial Edge

ITQlick rating
(4.2/5)

starts at $299 per user/month

Financial Edge is an accounting system best suited for nonprofits and government agencies. This program has an effective solution for grant management. With the user-friendly interface and specific functionalit...

Categories: Fixed Asset Management, Recurring Billing, Billing & Invoicing, Budgeting & CPM, Core Accounting.

Compare specifications

Compare features

Odoo: 0 Features

We are working to collect the list of features

The Financial Edge: 15 Features

Accounts Payable
Accounts Receivable
Audit Trail
Balance Sheet
Billing & Invoicing
Budgeting & Forecasting
Cash Flow
E-commerce
Fund-Accounting
General-Ledger
Multi-Currency
P&L Statement
Project-Accounting
Sales Reporting
Time & Expense
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Odoo
ITQlick rating
4.2/5
Score
90/100
Pricing
2.6/10
License pricing
$6 per user/month
Functionality
26
Review
Compare
The Fina...
ITQlick rating
4.2/5
Score
80/100
Pricing
6.6/10
License pricing
$299 per user/month
Functionality
34
Compare
eStockCa...
ITQlick rating
4/5
Score
92/100
Pricing
5/10
License pricing
$699 per license
Functionality
17
Toolhound
ITQlick rating
3.8/5
Score
92/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
16
SalesBinder
ITQlick rating
4/5
Score
92/100
Pricing
5.6/10
License pricing
$9 per user/month
Functionality
4

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.