Products       Odoo ERP     

Odoo Financial Management

What is Odoo Financial Management?        Benefits    Features    Challenges    Success     

What is Odoo Financial Management?

Odoo financial management solutions expedite daily financial transactions, reduce budgeting and forecasting cycle times, ensure compliance and accelerate the financial close. Our AI-powered, cloud-based platform delivers real-time visibility into the financial performance of any business, from a consolidated level down to individual transactions.Odoo financial management seamlessly integrates with additional business applications — including order management, inventory, CRM and commerce — so you can run your entire business with a single solution.


Grow using AI and automation to optimize financial and accounting operations


Drive Business Strategy and Growth

Using Odoo financial, headcount and operational data, quickly and easily produce budgets and forecasts, model what-if scenarios and generate reports.

" We decided to switch to Odoo because we wanted a system to support where the business was going. "

Kevin Moore

Controller, Brex

Learn How ERP Can Streamline Your Business

Free Product Tou​​​​​​r 

Odoo Financial Management Benefits

Close with Confidence. Accelerate the financial close and maintain compliance with accounting standards. 

Report with Accuracy. Drill down into underlying details and understand the impact to your business. 

Real-time Information. Improve performance with real-time metrics and role-based dashboards.

Odoo Financial Management Features

Odoo financial management solutions automate core finance and accounting processes, provide detailed insights into the performance of your business and reduce the risk of reporting errors, giving you greater control of your financial assets.

Accounting

Seamlessly couple core general ledger, accounts receivable, accounts payable, tax management, fixed assets management, cash management and payment management accounting functionality with real-time visibility and business insights to drive financial excellence.


Learn More

Subscription Billing 

Streamline billing operations with real-time visibility into financial and billing activity. Consolidate invoicing, automate rating processes and support multiple pricing models. Easily manage recurring subscription billing with automatic renewals.


Learn Mo​​re

Planning and Budgeting

Perform both companywide and departmental budgeting and financial planning with modeling capabilities, approval workflows and reporting within one collaborative, scalable solution.


​​Learn Mor​​e

​Revenue Recognition 

Comply with accounting standards like ASC 606 and IFRS 15 and report financial results in a timely manner. Simplify the complexities of evolving revenue recognition mandates, no matter if a sale encompasses a single performance obligation, a series of obligations spanning a time period or diverse obligations in a bundle.

Learn M​​ore

​Financial Reporting 

Gain a more complete picture of your business — on demand and in real-time. Preconfigured role-based dashboards, reports and KPIs deliver tailored, detailed insights into company performance for improved decision-making. Generate accurate financial statements and reports that comply with US GAAP, IFRS and other accounting standards.

Learn ​​More

Financial Consolidation​

Centralize the oversight of accounting processes, data and reporting across multiple business units, subsidiaries and regions. Accelerate the close process with automated consolidations while ensuring compliance with relevant accounting standards, tax codes and regulations wherever you operate.

Learn More

Governance, Risk and Compliance

Audit-ready solutions to support and empower your company’s governance, risk and compliance (GRC) programs. An array of reports and certificates and built-in capabilities and processes handle increasingly complex regulatory, operational and compliance requirements with ease.

Learn More

Challenges Odoo Financial Management Solves

​

Manual Processes. Automate and streamline manual processes that waste time and resources. 

Data Accessibility. Single source of real-time transactional, financial and operational data. 

Accuracy. Replace spreadsheets and boost accuracy by eliminating duplicate data entry and incorrect formulas. 

Compliance. Consistently apply the appropriate rules and schedules to revenue recognition, amortization and depreciation, prepaid and deferred expenses and other financial processes.

Odoo – Your proven path to success

Leveraging more than 25 years of experience working with tens of thousands of organizations, across all industries and business sizes, our  customer lifecycle methodology helps customers transform their business. It starts by building an AI-powered, integrated business suite with industry-specific solutions. Then we engage with your business to ensure that we’re addressing your specific needs and guiding you along the way on how to best consume and optimize Odoo to solve challenges of today and the future. This approach helps ensure customers experience faster time-to-value, better ROI, and greater employee adoption.

Learn m​​ore