What is Open Source ERP?

What is Open Source ERP?

The control and freedom of choice are what sets open source ERP apart from proprietary software. Additionally, a proprietary software vendor almost never releases the source code, so users need to coordinate with and pay their vendor to generate custom features.

Another differentiator is the cost of ownership: open source ERP is publicly available, or in other words, free! Users are able to access the source code without paying for licensing. However, some established open source vendors offer paid subscriptions that include services such as hosting, support and additional functionality. 

All of these characteristics make open source ERP software a great option for growing businesses with limited resources. With infinite flexibility, users are able to change or add on functionality or users at any time. For businesses that have unique requirements, or desire a personalized or industry-specific solution, the customization capabilities of an open source ERP are very advantageous.

Open Source ERP system includes accounting, cash management, purchasing, vendor management, financial consolidation, revenue recognition, subscription billing, contract management, project accounting, fund accounting, inventory management, and financial reporting applications, all delivered through the cloud based hosting or onsite hosting, the choice is yours.