Odoo
Odoo is an integrated suite of open-source business applications that helps you manage CRM, eCommerce, accounting, inventory, point of sale, and project management through a single modular ecosystem.
New Horizon ERP
New Horizon ERP is a comprehensive business management software designed to streamline manufacturing processes, supply chain operations, and financial accounting for small to mid-sized industrial enterprises.
Quick Comparison
| Feature | Odoo | New Horizon ERP |
|---|---|---|
| Website | odoo.com | sourcepro.co.in |
| Pricing Model | Freemium | Custom |
| Starting Price | Free | Custom Pricing |
| FREE Trial | ✓ 15 days free trial | ✘ No free trial |
| Free Plan | ✓ Has free plan | ✘ No free plan |
| Product Demo | ✓ Request demo here | ✓ Request demo here |
| Deployment | ||
| Integrations | ||
| Target Users | ||
| Target Industries | ||
| Customer Count | 0 | 0 |
| Founded Year | 2005 | 1996 |
| Headquarters | Grand-Rosière, Belgium | Ahmedabad, India |
Overview
Odoo
Odoo provides you with a comprehensive suite of business applications designed to connect every department in your company. Instead of jumping between disconnected tools for accounting, sales, and inventory, you can manage your entire operation from one centralized dashboard. You can start with a single app and add more as your business grows, ensuring your software scales alongside your needs without complex integrations.
The platform solves the problem of data silos by sharing information across all modules instantly. Whether you are a small startup needing simple invoicing or a large enterprise requiring full manufacturing resource planning, you can customize the interface to match your specific workflows. You get a clean, modern experience that simplifies complex business processes like automated stock replenishment and real-time financial reporting.
New Horizon ERP
New Horizon ERP helps you integrate every corner of your manufacturing business into a single, cohesive system. You can manage complex production cycles, track raw materials in real-time, and oversee your entire supply chain without jumping between different applications. It simplifies the way you handle work orders, bill of materials, and quality control, ensuring your shop floor stays productive and your data remains accurate.
The platform is specifically built for discrete and process manufacturers who need to balance inventory levels with customer demand. You can automate your financial accounting, GST compliance, and human resource functions alongside your core production metrics. By centralizing your data, you gain the visibility needed to reduce operational waste and improve your overall profit margins.
Overview
Odoo Features
- Integrated CRM Track your leads and close deals faster with a visual pipeline that automatically links to your quotes and invoices.
- Inventory Management Maximize your warehouse efficiency with a double-entry system that tracks every stock move from purchase to final delivery.
- Automated Accounting Sync your bank feeds automatically and save hours on reconciliation with AI-powered invoice digitization and smart matching tools.
- Project Tracking Organize your team tasks using Kanban boards or Gantt charts and track billable hours directly into your customer invoices.
- eCommerce Builder Launch your online store quickly with a drag-and-drop builder that automatically updates your inventory and accounting records.
- Manufacturing (MRP) Plan your production schedules and manage work orders with real-time visibility into your raw materials and resource capacity.
New Horizon ERP Features
- Production Planning. Create detailed schedules and manage work orders to ensure your machines and labor are always used efficiently.
- Inventory Management. Track stock levels across multiple locations in real-time to prevent shortages and reduce excess carrying costs.
- Bill of Materials. Define multi-level product structures and calculate accurate landing costs for every item you manufacture.
- Quality Control. Set up inspection points throughout your production line to maintain high standards and reduce product rejections.
- Sales and Distribution. Manage your entire sales cycle from initial quotation to final invoicing and shipment tracking in one place.
- Financial Accounting. Automate your general ledger, accounts payable, and receivable while staying compliant with local tax regulations like GST.
- Procurement Management. Streamline your purchase requisitions and vendor evaluations to get the best prices on raw materials.
- HR and Payroll. Handle employee attendance, leave management, and monthly payroll processing directly within your ERP system.
Pricing Comparison
Odoo Pricing
- Unlimited users
- One app of your choice
- Odoo Online hosting
- Unlimited support
- Regular updates
- Everything in Free, plus:
- Access to all Odoo apps
- Odoo Online hosting
- Standard support
- Web-based interface
New Horizon ERP Pricing
Pros & Cons
Odoo
Pros
- Seamless data flow between different business modules
- Highly customizable to fit unique industry workflows
- One app plan is completely free forever
- Modern and intuitive user interface across apps
Cons
- Initial configuration can be complex for beginners
- Third-party app store modules can be expensive
- Customer support response times vary by region
New Horizon ERP
Pros
- Deep functionality specifically designed for Indian manufacturing standards
- Comprehensive GST integration simplifies tax compliance and filing
- Modular structure allows you to implement only what you need
- Strong local support and implementation assistance for regional businesses
Cons
- Interface feels dated compared to modern cloud-native applications
- Initial setup and configuration requires significant time and effort
- Mobile functionality is limited compared to the desktop version