What is Odoo ERP Software? Everything You Need to Know About Odoo!

1. HOME ODOO What is Odoo ERP Software? Everything You Need to Know About Odoo! Manika Gupta August 5, 2025 Odoo ERP Software    Odoo is an open-source enterprise resource planning system that includes fully integrated business applications like CRM, employees, manufacturing, inventory, and accounting. Key elements of your organisation can be centralised and utilised through Odoo ERP Software in Australia. Various app options for various business operations are displayed in Odoo’s most recent dashboard interface. In particular, when Odoo is said to be completely integrated, it signifies that all of the Odoo apps function properly together in a single database. By eliminating manual processes, replication of information, and isolation, this integration feature facilitates smooth business administration. A large workforce employed at Odoo (source: Odoo) Let’s examine its history in this blog, starting with TinyERP and moving on to become one of the most popular open-source software used globally. How Did Odoo ERP Software Get Established? Fabien Pinckaers, a Belgian entrepreneur, launched Odoo in 2005 under the name TinyERP with the audacious goal of revolutionising the market for cutting-edge corporate software by providing completely free ERP software. Disrupting the market giants was Pinckaers’ stated goal from the beginning; he believed that small and midsize enterprises should have access to more creative software. TinyERP acquired popularity, but it needed to update its logo in order to expand, particularly outside of the small company sector. TinyERP was renamed OpenERP in 2009, implying that it had become fully open-source with publicly available source code, enabling users to modify it without being constrained by licencing costs, based on Fabien’s account of Odoo. A significant number of users joined the platform to help with its rapid development. Also, the number of modules was growing, and they addressed a range of corporate domains, including finance, sales, inventories, and human resources. By 2010, OpenERP had quickly grown beyond 100 employees and was among the fastest- growing businesses in Belgium. With its continuous growth, the company quickly attracted investment from leading investors in Europe. The investment altered the strategic plan significantly from a service provider to a business management software publisher with a broad partner network. OpenERP saw yet another significant update in 2014. The firm renamed it Odoo because it realised that its solution had evolved into more than just a typical ERP with business intelligence and e-commerce. The new Odoo positioning—a flexible business management tool that goes beyond ERP—came later. With hundreds of new implementations every day, Odoo has experienced exponential development since then and is now the most popular company management software in the world. Odoo’s scalability and practical skills are demonstrated by the fact that it currently has over 12 million users globally, including multinational corporations like Allianz Insurance, Toyota, IBM, Hyundai, Sodexo, and National Australia Bank. Over the years, Odoo has also introduced more than 40 core modules, established a robust network of partners, and created more than 48,000 integrated apps in various versions, the most recent of which is Odoo 18. What Is Odoo’s Most Recently Used Version? The most recent version, Odoo 18, has meaningful enhancements in several business disciplines – e.g., inventory/manufacturing optimisation, e-commerce, sales management, to name a few. However, Odoo releases a new version once a year, and each new iteration not only improves existing modules, but also adds additional functionality & features, and ideally, more modules will be added.  Meet Odoo 18: All the new features Meet Odoo 18: All the new features Share Share Watch on So please visit Odoo’s official website when you work with an experienced Australia- based Odoo Partner, so that you can find out what is new and the capabilities of the service provider. Let’s now examine Odoo’s primary features and how they can enhance your business operations. What Are The Main Features of the Odoo ERP Software in Australia? Numerous modules of Odoo ERP software assist in managing a variety of business operations, including manufacturing, sales & marketing, inventory control, finance, and accounting. Key Odoo modules for various business functions are highlighted in the following illustration: CRM and Sales To enhance client connections and broaden the sales funnel, automate lead scores, sales projections, activities, and quotations. MRP and Inventory Utilise procurement, demand forecasting, inventory management, and manufacturing management to attain efficient resource planning and accomplish complete stock control and production. Vendor Management and Purchase Use automated technologies like vendor pricing lists, supply chain performance monitoring, and requests for quotes (RFQs) to simplify the procurement process. Project Management With Gantt charts, automatic tasks, a multi-project dashboard, and time tracking, you can keep track of tasks, facilitate cooperation, and oversee the project as a whole. Finance and Accounting Unify and coordinate financial processes by using payment providers that adhere to compliance and accuracy requirements, bank reconciliation, and real-time and multi- currency monitoring. Human Resource Management Take complete control of hiring, payroll, leaves, and appraisals to simplify HR management in particular. eCommerce and Website Use AI capabilities to automatically build and oversee online storefronts; sell via a variety of channels, such as Amazon and eBay; establish adjustable pricing ranges; and incorporate payment and delivery options. One of Odoo’s key advantages is that it allows customers to choose only the tools they want and add more as their organisation evolves. It offers scalability and cost- effectiveness to businesses across a range of industries. Odoo ERP Software comes with an extensive suite of robust modules that allow users to handle anything from accounting and human resources to manufacturing and inventories. Besides its features and capabilities, though, a crucial query still has to be answered: is Odoo a suitable option for Australian businesses? We must investigate Odoo’s influence on the Australian market, its regional peculiarities, and whether it fits your particular company’s requirements to provide a solution. Does Odoo Make a Good ERP Choice for Businesses in Australia? Odoo is an enterprise software that is a cost-effective ERP solution with localisation, versatility, and costs in mind for Australian organisations. Odoo is modular and has a large presence in Australia; therefore, organisations in a number of industries, from manufacturing to retail to e-commerce, can use it to streamline their operations and stimulate growth. An Australian company based in Sydney has used Odoo’s manufacturing management modules to provide a concrete example of the application of the platform. This firm expanded from 9 to 96 people in two years, saved a lot every week, and reduced production time by 20 minutes per hour. Odoo is a useful, results-driven solution for Australian businesses, as demonstrated by other success stories in the country. We’ll now explore why Australian businesses use Odoo and how to assess if it fits your company’s needs. Why Do Businesses in Australia Go for Odoo? Odoo is used by Australian companies because of its scalability, affordability, and flexibility to adapt to local business needs. Odoo offers a versatile, all-in-one solution that can be used by enterprises of all sizes, in contrast to traditional ERP systems that need significant upfront expenditures and intricate interfaces. The following are the main customised Odoo characteristics and enhancements for Australian businesses: Compliance & Payroll: Odoo offers capabilities that comply with Australian labour requirements, such as accounting integration, automatic payroll computation, and pay slip creation. Financial & Tax Management:  To reduce complicated tax accounting and ensure accurate tax returns, the platform also simplifies GST, BAS reporting, and Peppol e-invoicing. Logistics & Local Shipping: Odoo has connectivity to several local carriers, including Australia Post, DHL, and Startrack. This improves delivery cost estimates and processes in real time. Reconciliation and Banking: To ensure precise bank account balances and reduce human error, users can import bank statements using OFX files. Customised User Experience With the implementation of the English-AU language, Australian users can utilise the proper local date formatting and financial reporting structures. Odoo 18 for Australia and New Zealand Odoo 18 for Australia and New Zealand Share Share Watch on Additionally, Odoo provides local hosting options with data centres in Sydney, which improves performance and complies with Australian data protection regulations. After learning about Odoo’s localisation effort for Australia, you need to go deeper into the specifics of how Odoo might work with your present business processes. Here are five useful techniques: How Can You Tell If Odoo is Right for Your Business? You must evaluate your budget, industry-specific requirements, and operational demands in order to decide whether Odoo is the best option for your business.  Research about your business needs Consider your primary business operations and areas of trouble first. Do you require more efficient inventory control or less manual invoice processing? Customers can only access the apps they need thanks to Odoo’s modular design, which is beneficial to businesses of all sizes and across an array of industries. Check out local industry leaders Look for local peers who work in your field and utilise Odoo. Their experiences offer valuable perspectives on the challenges and opportunities in your field. Accompany proof of concept (POC): Creating a proof of concept is advised. This allows you to determine during the testing phase whether Odoo can process your operations properly for a more seamless installation.   Take into account your budget & Odoo expenses: There are both free and premium versions of the open-source programme Odoo. You may evaluate the implementation’s precise expenses and ROI analysis by being aware of these possibilities.  ERP gap analysis & Process mapping: These methods assist in assessing how Odoo complements your long-term goals and fits into your existing procedures. Look for any gaps and determine whether Odoo can fill them or if more setup and customisation are needed. Work with an expert Odoo Partner located in Australia that can help you navigate the procedure to obtain the most trustworthy rating. Demonstration: To experience Odoo’s features, interface, and usability in real time, you may request a live demo. Depending on your particular needs, Odoo’s Australian partners, like Havi Technology, also offer customised demos with local insights. Understanding and assessing the implementation expense is an essential phase to follow after determining whether Odoo meets your business objectives. Odoo’s cost structure varies according to the edition, number of users, hosting options, and advanced features. Making an informed decision requires evaluating Odoo’s total cost of ownership (TCO) and the best pricing plan for your business. What is the price of Odoo ERP Software? Important variables, including the Odoo edition, the number of users, where you operate, the functionality you need, and implementation costs, all affect how much Odoo costs. Let’s start by defining what Odoo’s total cost of ownership includes. What is the entire cost of ownership for Odoo? Licencing, implementation, hosting, support, and upgrade fees are all included in the total cost. Analysing Odoo’s total cost of ownership (TCO) as it applies to your company is strongly advised before choosing to deploy it. The main cost components include: License: Odoo provides adjustable pricing according to your operating location, user count, and selected price plans. Customisation & Implementation: Odoo setup entails data migration, system training, project scope and complexity, and project length.  Hosting: Odoo Online, Odoo.sh, and On-Premises are the three primary hosting choices that Odoo provides.   Updates and Support: Support level (SLA) and system updates are frequently included in these expenses.  Check out our Odoo price page to learn more about Odoo’s TCO. Let’s now examine Odoo’s available packages and how they address various business requirements.  What kinds of packages are available for Odoo? The free Odoo Community edition and the paid/free Odoo Enterprise plans are the two primary price tiers that Odoo provides. Users can only utilise sophisticated features in the Enterprise edition, even though the Community edition includes essential modules like CRM, Accounting, and E-commerce, among others.  Odoo Enterprise: What is it? Odoo Enterprise refers to premium price options that offer enhanced functionality, complete support, and higher customisation opportunities for organisations. There are three different price plans. The cost of your Odoo plans may vary depending on where you go and how long you are there. Please submit a price quotation using our Odoo pricing consultation service if you want the most up-to-date and precise pricing available in Australia. Summing up To put it briefly, Odoo ERP software is a robust, scalable system designed to simplify operations across industries. It additionally offers excellent customisation capabilities for the Australian market. Regardless of the size of your company, however, evaluating Odoo and how effectively it integrates with your operations is crucial for an effective implementation. Ready to use Odoo ERP in the business that you operate?  Do not hesitate to ask for a demo at this time. Get expert insights and tailored Odoo ERP solutions with us! BOOK A FREE CONSULTATION USEFUL LINKS Odoo Implementation Partner   |   Odoo Implementation Adelaide   |   Odoo Implementation Brisbane   |   Odoo Implementation Melbourne   |   Odoo Implementation Perth   |   Odoo Implementation Sydney   |   Odoo Consultant Adelaide   |   Odoo Consultant Brisbane   |   Odoo Consultant Melbourne   |   Odoo Consultant Perth   |   Odoo Consultant Sydney   |   Odoo Customisation Adelaide   |   Odoo Customisation Brisbane   |   Odoo Customisation Melbourne   |   Odoo Customisation Perth   |   Odoo Customisation Sydney

2. AUSTRALIA Sydney Brisbane Melbourne Se 506, 8 Help Street, 324 Queen Street, 171 Collins Street, Chatswood,NSW 2067 Brisbane, Melbourne, VIC 3000 QLD 4000 UK London Regus House, Windmill Hill Business Park, Swindon SN5 6QR OFFICE WHAT WE DO Implementation +61299062221 Customisation 1300 069 013 Consulting Support sales@envertis.com ERP DEVELOPMENT QUICK LINKS Odoo Implementation Home Odoo Customisation About Us Odoo Consulting Blogs Odoo Developer Privacy Policy Odoo Brisbane Contact Odoo Sydney Odoo Melbourne Odoo Partner Australia Copyright © 2025 Envertis (A division of Vision & Solutions Pty Ltd). All rights reserved.