Odoo’s Accounting Solution Reviewed by TechTarget <2024-02-08 Thu> :finance:

While proprietary solutions such as Quickbooks dominate accounting departments, open source does offer some alternatives, generally as part of broader solutions such as ERPs. Odoo offers one of these, and TechTarget took a look at its Accounting function in a recent article. Benefits beyond just its openness include the ability to automate and its compatibility with financial institutions and other financial standards (such as invoice formats). However, it’s worth noting that even the self-hosted, open source version does require a per-user fee.

Tech.co’s list of the best fixed asset tracking solutions includes an open source option among other proprietary solutions. Snipe-IT, which offers both hosted and on-premises deployment, was noted for its user friendliness, customizability, and RFID support. It scored a solid 4.2/5 rating, besting a number of the included for-pay competitors.

TechRepublic also published a list of top FOSS payroll solutions. With a mix of both dedicated payroll applications as well as broader business suites, anyone considering using open source for this function will find something to like.