Infor M3 vs Odoo ERP Independent Review 2024

Infor M3 targets companies surpassing particularly entry-level ERP systems like Acumatica, Infor CSI, or NetSuite. On the other hand, Odoo caters to smaller companies transitioning from QuickBooks or Xero, streamlining operations from various add-ons, spreadsheets, and applications. Infor M3 also delivers mature capabilities for intricate manufacturing and distribution operations. It is successful in the upper mid-market, particularly targeting the $250M – $750M revenue range. Whereas, Odoo primarily caters to startups and smaller companies with revenue under $10 million.

Infor M3 provides a superior suite experience akin to SAP and Oracle, also featuring enterprise-grade best-of-breed functionalities, including PLM, WMS, WFM, BI, and a Supply Chain collaboration platform. On the other hand, Odoo’s unique advantage lies in hosting operations across multiple countries in a single database. 

Infor M3 boasts extensive features tailored for process and apparel manufacturing, covering industries such as fashion, F&B, and chemicals. It is also adept at facilitating advanced global operations, particularly for companies spanning multiple countries seeking to optimize cost synergies globally. On the other hand, Odoo is an excellent choice for budget-conscious companies, especially those with in-house development teams. While Odoo’s modular design allows flexible app purchasing and provides scalability, it lacks tight integration at the data model level. Therefore, choosing between Infor M3 vs Odoo requires a detailed examination, and this comparison offers valuable insights for ERP selection projects. Let’s delve deeper into the specifics.

Infor M3 vs Odoo ERP Independent Review 2024


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Infor CloudSuite M3Odoo
Started in2006 (Acquired by Infor)2014
Ownership byKoch IndustriesOdoo S.A.
No. of customers 1,000+100,000+ relatively smaller companies

What Is Infor CloudSuite M3?

Infor CloudSuite M3, is one of Infor’s flagship solutions, particularly catering to distinct micro-verticals across various industries. Sharing similar suites with Infor LN and built on the Infor OS platform, it is also successful in the upper mid-market, targeting the $250M – $750M revenue range. Positioned for companies surpassing entry-level ERP systems like Acumatica, Infor CSI, or NetSuite, this solution also delivers mature capabilities for intricate manufacturing and distribution operations. Infor CloudSuite M3 provides a superior suite experience akin to SAP and Oracle, featuring enterprise-grade best-of-breed functionalities, also including PLM, WMS, WFM, BI, and a Supply Chain collaboration platform.

Infor CloudSuite M3 boasts extensive features tailored for process and apparel manufacturing, covering industries such as fashion, F&B, and chemicals. It is also adept at facilitating advanced global operations, particularly for companies spanning multiple countries seeking to optimize cost synergies globally. The native capabilities of Infor CloudSuite M3 address global trade and compliance concerns, which are particularly crucial for international business operations. 

While Infor CloudSuite M3 serves as an excellent operational solution for a 2-tier architecture for enterprise companies, its limited focus on certain industries might not be the best fit for enterprise companies diversifying their operations or aggressive with their M&A strategy. The intricate data model and Bill of Materials (BOM) demand significant internal expertise and also external advisory assistance to extract operational efficiencies. Notably, the technology landscape for Infor CloudSuite M3 remains somewhat patchy and less modern compared to its competitors. Furthermore, the ecosystem and consulting support for this solution is relatively limited. Despite these challenges, Infor CloudSuite M3 stands out as a robust manufacturing solution for upper mid-market companies with budget constraints.

What Is Odoo?

Odoo caters to smaller companies transitioning from QuickBooks or Xero, streamlining operations from various add-ons, spreadsheets, and applications. It provides basic transactional processing across several enterprise software categories, such as ERP, CRM, and HCM. And a lot more in a consolidated database, eliminating the need for costly integrations.

An excellent choice for budget-conscious companies, especially those with in-house development teams, Odoo may face challenges without guidance from experienced ERP consultants. While Odoo’s modular design allows flexible app purchasing and provides scalability, it lacks tight integration at the data model level. This limitation can be a concern for companies aiming for stringent financial control at the data layer. This is especially true for less seasoned companies that might already struggle to regulate their internal process and data codings.

A rapidly growing platform with substantial funding and a large user base, it primarily caters to startups and smaller companies with revenue under $10 million. Its unique advantage lies in hosting operations across multiple countries in a single database. Distinguishing from solutions like QuickBooks or Xero, it might use separate financial instances for each country. The other similar ERP systems designed for multi-entity operations might not contain CRM-specific processes. 

Infor M3 vs Odoo Comparison

Navigating the choice between Infor M3 vs Odoo is a significant decision for businesses particularly looking for operational efficiency and strategic alignment. Thus, this section delves into the comprehensive comparison of Infor M3 vs Odoo across various critical dimensions.

Infor CloudSuite M3Odoo
Global Operational CapabilitiesRobust financial hierarchies and global trade compliance functionality integrated.Fit for smaller companies that might have entities in many different countries.
Diverse CapabilitiesSupports diversified manufacturing business models.The data and process model supports diverse industries, including product and service-centric startups.
Best-of-breed CapabilitiesBest-of-breed integrations provided out-of-the-box.Extremely limited best-of-breed capabilities compared to its larger peers.
Last-mile Capabilities Last-mile capabilities along with breadth of capabilities for diversified manufacturing business models.The last-mile capabilities for specific micro-verticals are limited.
Operational FunctionalitiesLegacy solution with limited cloud-natve capabilities.Matrix functionality built as part of the inventory core​. Also, maintains a cohesive design across screens and modules being a cloud-product.
Integration CapabilitiesTools such as HCM, PLM, data lake, ERP, WMS, TMS, and advanced supply chain planning, are pre-integrated.It lacks tight integration at the data model level. This limitation can be a concern for companies aiming for stringent financial control at the data layer.
Manufacturing Capabilities Delivers mature capabilities for apparel, F&B, and chemical manufacturing.Matrix functionality built as part of the inventory core​. However, many advanced transactions may have limited support natively.
Pricing ModelSubscription-basedPer-user, per-app, per-month model
Key Modules1. Financial Management
2. Manufacturing Operations
3. Enterprise Asset Management
4. Supply Chain Management
5. Customer Sales and Service
6. Application Foundation
1. Sales
2. CRM
3. Inventory Management
4. Accounting and Finance
5. Purchase Management
6. Project Management
7. Manufacturing Management
8. Human Resources Management
9. Website and eCommerce

Infor M3 vs Odoo Feature Comparison

Both platforms offer a plethora of features and functionalities designed to streamline business operations and enhance efficiency. In this feature comparison, we delve into particularly the distinct capabilities of Infor M3 vs Odoo across various critical dimensions, providing insights to aid businesses in making informed decisions regarding their ERP selection. Thus, this section discusses features under each of the following modules, particularly financial management, supply chain management, and manufacturing management.

Financial Management Comparison

In this section, we are discussing a detailed comparison of the financial management capabilities particularly offered by Infor M3 vs Odoo. By examining their respective strengths and functionalities, particularly in managing financial processes. Businesses can therefore gain valuable insights to determine the best-suited ERP solution for their financial management needs.

Infor CloudSuite M3Odoo
Financial ManagementGeneral LedgerEnables organizations to manage financial transactions, maintain accurate balances, and generate complete financial statements.A financial record-keeping system that tracks all financial transactions and integrates seamlessly with other modules.
Accounts Receivable and Accounts PayableSupports analysis across all accounting dimensions, including non-reconciled data for the AP model.The AR tracks money owed to the business by customers, while AP manages money the business owes to suppliers.
Cash Flow ManagementProvides complete control over accounts receivable and cash flow processes, unifying all AR information to monitor cash collection and enhance productivity and efficiency.Helps monitor and forecast company’s cash inflows and outflows to ensure liquidity and financial stability.
Currency Management Enables currency conversion for better monetary analysis, allowing amounts to be expressed in transaction, division, and company currencies, with a default exchange rate type for conversions.Supports multi-currency transactions, automatic exchange rate updates, exchange difference entries, foreign currency reports, and managing bank accounts in multiple currencies.
Tax Management Ensures accurate VAT calculation and recording for each country, automating tax calculations based on recipient location and country-specific rules, and maintaining financial compliance.Automates tax calculations, updates, and reporting, ensuring compliance and efficiency across multiple currencies and modules.

Supply Chain Management Comparison

In this comparison, we explore and analyze the supply chain management capabilities of Infor M3 vs Odoo, shedding light particularly on their respective strengths and weaknesses.

Infor CloudSuite M3Odoo
Supply Chain ManagementWarehouse ManagementOptimizes operations with inventory management, labor management, 3PL billing, and 3D visualization, enhancing efficiency and interactivity.Optimizes inventory control, streamlines operations, and enhances visibility with real-time tracking and automated processes.
Service ManagementOffers work order processing, maintenance, material management, and operation reporting, aiding global manufacturers, distributors, and after-sales service providers in managing complex value chains efficiently.Streamlines service delivery, enhances customer satisfaction, and optimizes resource allocation with integrated project management and invoicing.
Inventory Management Provides advanced statistical forecasting and stock recommendations for efficient inventory management, as well as supplier and customer rebate management to maintain high margins.Offers real-time tracking, multi-location management, and automated reordering to optimize stock levels and streamline operation.
Purchase Order ManagementIncludes automation, vendor payment tracking, payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.Automates procurement processes, optimizes supplier interactions, and ensures accurate order tracking and invoicing.
Requisition Management Automates procurement processes from requisition to payment, including supplier selection, purchase order management, and invoice matching.Streamlines the process of creating, reviewing, and approving purchase requisitions, ensuring compliance with budgets and procurement policies.

Manufacturing Management Comparison

In this comparison, we explore and analyze the manufacturing management capabilities of Infor M3 vs Odoo, shedding light, particularly on their respective strengths and weaknesses.

Infor CloudSuite M3Odoo
Manufacturing ManagementProduction Planning Assists manufacturers in addressing production demand with the agility to adjust to fluctuating schedules, unforeseen equipment malfunctions, delayed deliveries from suppliers, and other unexpected occurrences affecting operations on the factory floor.Optimizes manufacturing processes by efficiently scheduling, allocating resources, and managing work orders to meet production goals.
BOM and Routing Let’s you efficiently plan and manage inventories, costs and manufacturing processes.Defines the components and operations required for manufacturing a product, optimizing production efficiency.
Advanced Planning and Scheduling Lets you create a more streamlined and accurate production scheduled, better enforce delivery dates and optimize for capacity.Optimizes production by centralizing data, providing real-time visibility, and automating scheduling to enhance efficiency.

Pros of Infor M3 vs Odoo

When evaluating ERP solutions, understanding the distinct advantages of Infor M3 vs Odoo is crucial. In this section, we are particularly exploring the strengths of Infor M3 vs Odoo across various dimensions. Thus, shedding light on their respective capabilities and functionalities.

Infor CloudSuite M3Odoo
Ideal for upper mid-market companies or as subsidiary solutions in a two-tier setting for private equity-owned or holding companies.It is widely adopted, especially among Industry 4.0 companies and other machinery businesses.
It can support multi-entity and supply-chain collaboration with international vendors, but the global footprint might not be as comprehensive as that of larger peers such as SAP S/4 HANA.It can support many different business models, many different localizations, countries, etc, as part of the same product.
Most tools that process and apparel manufacturers would require, such as HCM, PLM, data lake, ERP, WMS, TMS, and advanced supply chain planning, are all pre-integrated with Infor CloudSuite M3.The availability of cheaper technical talent globally helps product-centric startups extend or augment core capabilities.
While most smaller solutions might require ad-hoc arrangements for global financial operations, Infor CloudSuite M3 has them natively built.The lean data model and workflows make it easier for product-centric startups transitioning from QuickBooks-like solutions.

Cons of Infor M3 vs Odoo

Just like recognizing strengths is important, it’s also crucial to weigh the specific drawbacks of Infor M3 vs Odoo. Therefore, in this section, we will delve into the limitations and challenges associated with Infor M3 vs Odoo across various operational and financial dimensions.

Infor CloudSuite M3Odoo
The limited focus on certain business models poses the risk of requiring other ERP systems to support complex and diverse business operations.The open-source nature leads to a tendency to over-customize, resulting in an inferior product experience.
Private equity and holding companies requiring global solutions with a tier-2 solution at the subsidiary level might not be the best use of Infor CloudSuite M3’s strengths.Consisting primarily of developers, the ecosystem particularly doesn’t have a seasoned program, change management, and business consultants.
Infor CloudSuite M3 is a legacy solution with limited cloud-native capabilities such as universal search, mobile experience, etc.The last-mile capabilities for specific micro-verticals are limited, requiring significant customization for their work with specific industries.
The consulting base and marketplaces are virtually non-existent for Infor CloudSuite M3.Mature capabilities such as MRP, allocation, and batch are not as detailed as with other richer ERP systems.
Verticals such as apparel manufacturing demand deeper integration of PLM, vendor portals, and merchandising solutions to effectively manage their unique processes.Adoption in the apparel manufacturing space, which is more complex, may not be as widespread

Conclusion

In conclusion, choosing between Infor M3 vs Odoo depends on a company’s specific needs, operational scale, and budget. Infor M3, with its extensive capabilities in manufacturing and distribution, is an ideal solution for upper mid-market companies, particularly those in industries like fashion, food and beverage, and chemicals. It provides robust financial and global trade compliance functionalities, also along with advanced supply chain and production planning features. However, it may require significant internal expertise and external consulting to unlock its full potential, making it less appealing for companies seeking rapid deployment or those with diverse operational models.

On the other hand, Odoo is a more flexible and cost-effective option, catering primarily to smaller companies and startups transitioning from basic systems like QuickBooks. Its modular design, affordability, and also the ability to support multi-country operations makes it attractive for businesses with in-house development teams. However, its lack of tight data integration and limited last-mile capabilities might pose challenges for companies requiring stringent financial controls or operating in specialized industries. 

Both systems have their strengths and limitations, so businesses should carefully evaluate their specific need. Also, seeking assistance from an independent ERP consultant can significantly aid the decision-making process. To get a 360-degree view of feature comparisons, it’s essential to explore not only Infor M3 vs. Odoo but also insights from other analyses such as Infor M3 vs. NetSuite, SAP S/4 HANA, Oracle Cloud ERP, Dynamics F&O, Dynamics 365 BC, Infor LN, Acumatica, Epicor Kinetic, and IFS.

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