AccountMate vs. Odoo Accounting

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
AccountMate
Score 8.9 out of 10
N/A
AccountMate offers accounting software for small, midsize, or growing businesses. AccountMate SQL Software is specifically for businesses with high transaction volumes and heavy user loads. It can accommodate hundreds of simultaneous users, providing businesses with a comprehensive, real-time business and financial management solution. AccountMate Express Software is designed for businesses with up to five concurrent users that desire the stability and speed of a SQL database…N/A
Odoo Accounting
Score 7.5 out of 10
N/A
Odoo Accounting is designed to help companies manage their daily accounting with ease and simplicity. They even offer a global view of the state of their business at any time. All financial activities can be managed in one single app, with Odoo Accounting, as well as automation for primary day-to-day tasks. The Odoo app is synchronized with 24,000 banks, to make it easier to link a payment with a statement, based on the transaction in a bank account. Reconciliation can also be done…N/A
Pricing
AccountMateOdoo Accounting
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
AccountMateOdoo Accounting
Free Trial
NoYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeOptional
Additional Details——
More Pricing Information
Features
AccountMateOdoo Accounting
Payroll Management
Comparison of Payroll Management features of Product A and Product B
AccountMate
8.8
1 Ratings
16% above category average
Odoo Accounting
7.0
1 Ratings
7% below category average
Pay calculation10.01 Ratings7.01 Ratings
Direct deposit files9.01 Ratings00 Ratings
Salary revision and increment management8.01 Ratings00 Ratings
Reimbursement management8.01 Ratings7.01 Ratings
Security
Comparison of Security features of Product A and Product B
AccountMate
9.0
1 Ratings
12% above category average
Odoo Accounting
8.6
2 Ratings
7% above category average
Single sign-on capability9.01 Ratings00 Ratings
Role-based user permissions00 Ratings8.62 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
AccountMate
7.0
1 Ratings
8% below category average
Odoo Accounting
9.1
2 Ratings
18% above category average
Dashboards6.01 Ratings8.62 Ratings
Standard reports9.01 Ratings8.62 Ratings
Custom reports6.01 Ratings10.01 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
AccountMate
7.6
1 Ratings
3% above category average
Odoo Accounting
8.6
2 Ratings
15% above category average
Accounts payable8.01 Ratings9.12 Ratings
Accounts receivable9.01 Ratings9.12 Ratings
Cash management7.01 Ratings9.12 Ratings
Bank reconciliation8.01 Ratings9.12 Ratings
Expense management9.01 Ratings9.12 Ratings
Time tracking7.01 Ratings00 Ratings
Multi-currency support7.01 Ratings9.12 Ratings
Multi-division support9.01 Ratings00 Ratings
Regulations compliance7.01 Ratings00 Ratings
Electronic tax filing8.01 Ratings00 Ratings
Global Financial Support8.01 Ratings8.01 Ratings
Intercompany Accounting5.01 Ratings8.62 Ratings
Journals and Reconciliations8.01 Ratings8.62 Ratings
Enterprise Accounting7.01 Ratings10.01 Ratings
Configurable Accounting7.01 Ratings9.12 Ratings
Standardized Processes7.01 Ratings7.01 Ratings
Fixed asset management00 Ratings8.01 Ratings
Self-service portal00 Ratings10.01 Ratings
Primary and Secondary Ledgers00 Ratings7.01 Ratings
Localizations00 Ratings8.62 Ratings
Centralized Rules Framework00 Ratings7.01 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
AccountMate
8.0
1 Ratings
13% above category average
Odoo Accounting
7.3
1 Ratings
4% above category average
Inventory tracking9.01 Ratings7.01 Ratings
Automatic reordering8.01 Ratings7.01 Ratings
Manufacturing module7.01 Ratings8.01 Ratings
Location management00 Ratings7.01 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
AccountMate
8.6
1 Ratings
15% above category average
Odoo Accounting
7.7
2 Ratings
4% above category average
Pricing8.01 Ratings8.01 Ratings
Order entry9.01 Ratings8.01 Ratings
Credit card processing9.01 Ratings8.62 Ratings
Cost of goods sold9.01 Ratings8.62 Ratings
End-to-end order visibility8.01 Ratings7.01 Ratings
Order exception Resolution00 Ratings6.01 Ratings
Customization
Comparison of Customization features of Product A and Product B
AccountMate
9.0
1 Ratings
24% above category average
Odoo Accounting
8.0
1 Ratings
13% above category average
Plug-ins9.01 Ratings8.01 Ratings
Best Alternatives
AccountMateOdoo Accounting
Small Businesses
QuickBooks Self-Employed
QuickBooks Self-Employed
Score 9.1 out of 10
QuickBooks Self-Employed
QuickBooks Self-Employed
Score 9.1 out of 10
Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.1 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.1 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
AccountMateOdoo Accounting
Likelihood to Recommend
10.0
(1 ratings)
9.5
(2 ratings)
Usability
-
(0 ratings)
9.1
(2 ratings)
Support Rating
-
(0 ratings)
8.1
(2 ratings)
User Testimonials
AccountMateOdoo Accounting
Likelihood to Recommend
AccountMate
AccountMate is a great product for wholesale and distributors. It manages the inventory cycles comprehensively, from purchasing to stocking, to sales and delivery. There are a great many tools available to manage inventory, properties, and financials. The availability to have third-party add-ons offers even greater opportunities to meet the needs of the end-user. The system is not really suited for certain types of service industries: legal, medical, and those businesses that invoice on time.
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Odoo
I found out that a tile store near me uses this app. Odoo Invoicing is well suited to most businesses. Perhaps somebody with very little accounting background would find it difficult to use. That said with customer support options and the online training videos they offer, this could be overcome in most cases.
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Pros
AccountMate
  • Ease of use
  • Ability to easily adapt the solution to fit the needs of the end user
  • Integration of data across different platforms
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Odoo
  • Simple and easy to use Integrated Accounting Software
  • Affordable subscriptions option for cost saving
  • Highly customizable options available
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Cons
AccountMate
  • Custom reports: The current system uses Crystal Reports, which is a bit cumbersome.
  • True cloud-based solution is missing
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Odoo
  • Synchronize Merchant Processor Accounts
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Usability
AccountMate
No answers on this topic
Odoo
I believe Odoo Accounting software is an easy-to-use, intuitive and user-friendly accounting software that can be available in both free community versions and enterprise versions. In terms of the software subscription cost-effectiveness and overall functionalities, Odoo Accounting will be a good choice for the small and medium businesses that want to change their existing legacy systems into a more modernized and cost-saving fully integrated cloud-based solution because of its user-friendly interface and easy to map with their existing business processes effectively.
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Support Rating
AccountMate
No answers on this topic
Odoo
Odoo has two forms of support.
  1. Success packs where you get a Single Point of Contact (SPoC). This is great.
  2. Free support tickets. This is not stellar, and is only applicable within the standard framework. They will not support customizations for free. That said, I have found that they generally can help me out.
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Alternatives Considered
AccountMate
We use AccountMate for a number of reasons, particularly its ease of use and the ability to customize any part of the system (with source code residing on the end-user system--a HUGE advantage).
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Odoo
Odoo Accounting is a simple, easy-to-use, and user-friendly accounting solution in terms of cost efficiency and the knowledge to use it. Odoo has a wide range of applications available and very customizable according to its modular structure. In addition, it is not very complex to use for the users and will be familiar with the system interfaces within a short period.
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Return on Investment
AccountMate
  • Allows us to quickly gain insight into the current and past performance of the company
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Odoo
  • Low cost
  • More Automation
  • Centralized Management
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ScreenShots

Odoo Accounting Screenshots

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