Shlomi Lavi /
Dec 28, 2022
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Bottom Line: Which is Better - Xero or Odoo?
Odoo is more expensive to implement (TCO) than Xero, and Xero is rated higher (94/100) than Odoo (90/100). Xero offers users more features (13) than Odoo (0). There is a clear winner in this case and it is Xero!
Looking for the right Core Accounting 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:
Xero Vs. Odoo
Xero : Xero was founded in July 2006 by successful technology entrepreneur Rod Drury and specialist small business accountant Hamish Edwards. Xero is listed on the New Zealand Stock Exchange and the Australian Securities Exchange and is a fast growing company with teams in Wellington, Auckland, Melbourne, Sydney, Brisbane, San Francisco, and Milton Keynes...
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...
Who is more expensive? Xero or Odoo?
The real total cost of ownership (TCO) of Core Accounting 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 Xero and Odoo.
Xero price starts at $12 per month , On a scale between 1 to 10 Xero is rated 2, which is much lower than the average cost of Core Accounting software. Odoo price starts at $6 per user/month , When comparing Odoo to its competitors, the software is rated 2 - much lower than the average Core Accounting software cost.
Bottom line: Xero cost is around the same cost of Odoo.
Which software includes more/better features?
We've compared Xero Vs. Odoo based on some of the most important and required Core Accounting features.
Xero: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fixed-Assets, Purchase Orders, Data Analysis Tools, Forecasting.
Odoo: We are still working to collect the list of features for Odoo.
Target customer size
Xero is best for small businesses, freelancers and non-profit organizations. and Odoo's target customer size include: SMBs.