The recession has led to layoffs and hiring slowdowns at several companies in the World. A recession occurs when economic activity slows down significantly and its after-effects include low income, unemployment, and a decline in the stock market. The economy is again in recession after the pandemic, so installing an ERP system for your business will help you beat upcoming inflation. It is beneficial during economic downturns to have an ERP solution like Odoo ERP for managing company operations.
With Odoo ERP, you can integrate accounting, warehouse, sales, HR, and more to enhance your business productivity. In several countries, over 5 million users trust Odoo ERP, and we can also develop separate apps according to business needs. Microsoft Dynamics works well for small and medium-sized businesses and is used by 12000+ users in 30 countries.
Odoo vs Microsoft Dynamics 365 overview
Odoo provides Community and Enterprise editions of its open-source suite. A community edition is available for free, but an enterprise version has a range of subscription packages and options. Using the Enterprise version, we have access to many modules like Time Off, Rentals, Employees, Studios, Purchases, and more. With over 30000 apps available in Odoo’s store, customers can choose the apps they need for their businesses.
Microsoft Dynamics CRM is a cloud-based CRM and ERP application whose editions are Business and Enterprise. Microsoft Dynamics provides both subscription and perpetual licenses. With over 12000 users in 12 countries, Microsoft Dynamics serves 19 thousand companies in around 30 countries.
Implementation and Pricing
In Microsoft Dynamics, a local partner provides implementation services, while in Odoo online and the Enterprise version, a local partner provides implementation services. When a business implements Odoo ERP during a recession, they get constant support, maintenance, and analysis. Odoo ERP can be implemented within an affordable budget in your business and in Microsoft Dynamics implementation packages are customized and priced based on each project’s needs.
Most businesses maintain costs for operations and management during economic downturns in times of recession. Updating your ERP system is profitable to keep your business running smoothly. Using Odoo ERP is easy since subscription pricing for users begins at $8 per month and for apps at $4 per month. Odoo ERP is affordable for companies and users, allowing them to run a business with less expense. Dynamics 365’s central business essential is priced at $70 per user per month. And priced its premium plan at $100 per user per month. Because of pricing, Odoo is more adaptable for businesses than Microsoft Dynamics.
Training and Support
In an Inflation period, it is important to seek training on ERP and its use for organizations. As part of its customer support program, Odoo offers webinars, videos, documentation, and live online training, while Microsoft Dynamics provides training as a documentation form for customers.
In times of recession, most companies consider customizing and providing support. Implementing Odoo ERP, provided users with a variety of allied support services. In Microsoft Dynamics, you can get unified, subscription-based, or direct professional support via the company’s license programs or directly from the company. MS Dynamics offers subscription plans over a year, whereas Odoo offers monthly or yearly subscription plans and support.
Odoo vs Microsoft Dynamics Reference link:https://dynamics.microsoft.com/en-us/