Software Alternatives, Accelerators & Startups

ERPNext VS Datawiz.io

Compare ERPNext VS Datawiz.io and see what are their differences

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ERPNext logo ERPNext

The ERP Software that helps you take full control of your business. ERPNext is both powerful and easy to use.

Datawiz.io logo Datawiz.io

Get data analytics, generate insights with Datawiz solutions, and automate your retail business processes. Try the demo version for free!
  • ERPNext Landing page
    Landing page //
    2023-01-10
  • Datawiz.io Start page (important indicators)
    Start page (important indicators) //
    2024-09-15
  • Datawiz.io Ready-made reports (30 pieces)
    Ready-made reports (30 pieces) //
    2024-09-15
  • Datawiz.io Report Brand sales
    Report Brand sales //
    2024-09-15
  • Datawiz.io Dashboard Category turnover
    Dashboard Category turnover //
    2024-09-15
  • Datawiz.io Dashboard Category sales
    Dashboard Category sales //
    2024-09-15

The Datawiz BI analytics service helps retailers quickly find answers to essential questions using pre-configured reports, create informative dashboards, and easily share them with colleagues. The service allows users to customize visualizations based on data, simplifying the process of analyzing key metrics in real-time and tracking changes that could impact chain performance. Datawiz offers 35 pre-configured reports that automate core retail processes, utilizing artificial intelligence for fast insight detection. You can add custom metrics, create tailored formulas for analytics, and visualize results through dashboards. The system allows monitoring deviations and managing users. The Store Manager mobile app provides access to analytics on the go. Additionally, you can earn up to 2.5% extra revenue through data monetization.

DATAWIZ BI โ€“ one of 4 critical solutions and a part of the analytical platform Datawiz BES (Business Effectiveness Solution)

ERPNext

$ Details
Platforms
-
Release Date
2008 January
Startup details
Country
India
State
Maharashtra
City
Mumbai
Founder(s)
Rushabh Mehta
Employees
10 - 19

ERPNext features and specs

  • Open Source
    ERPNext is an open-source software, which means it is freely available for use and modification. This provides businesses with greater flexibility and control over their ERP system.
  • Cost-Effective
    Being open source, ERPNext can significantly reduce software licensing costs, making it an affordable option for small and medium-sized businesses.
  • Extensive Feature Set
    ERPNext offers a comprehensive range of features including accounting, project management, HR, manufacturing, and CRM, all within one integrated system.
  • Customization
    ERPNext is highly customizable to fit the specific needs of your business, allowing for modifications without hampering future upgrades.
  • Community Support
    ERPNext has a strong community of users and developers who contribute to the software, providing support, updates, and new features.
  • User-Friendly Interface
    The system has a clean and intuitive user interface, making it easier for staff to be trained and to adapt to the new system.
  • Cloud and On-Premise Options
    ERPNext can be deployed both in the cloud and on-premises, depending on your specific business requirements.

Possible disadvantages of ERPNext

  • Implementation Complexity
    Despite its flexibility, implementing and customizing ERPNext can be complex and may require dedicated resources and expertise.
  • Limited Third-Party Integrations
    ERPNext has fewer third-party integrations compared to other popular ERP solutions, which could limit its extensibility.
  • Learning Curve
    The breadth of features and the customization capabilities can result in a steep learning curve for new users and administrators.
  • Potential for Hidden Costs
    While the software itself is cost-effective, additional costs may arise from implementation, customization, and ongoing maintenance and support.
  • Scalability Concerns
    ERPNext might not be as scalable for very large enterprises with complex, multi-national requirements as some of the more established ERP solutions.

Datawiz.io features and specs

  • Analysis in a few clicks
    You will find 35 pre-configured reports that cover most chain processes.
  • ML-based reports
    Artificial intelligence algorithms help to identify insights faster.
  • Any Data
    Add the metrics that only your business processes need.
  • Custom metrics builder
    Create your formulas for calculating metrics to help you customize your analytics.
  • Create dashboards
    Create, share, and work with visualizations with colleagues.
  • Control deviations of indicators
    The Rules functionality allows you to flexibly configure and receive notifications about deviations from the planned values.
  • Analytics in a mobile phone
    The Store Manager app allows chain top management, store managers, and supervisors to track important business indicators.
  • Convenient user management
    Add an unlimited number of users with access to selected information only. Set up data display restrictions for colleagues according to their position.
  • Data monetization
    Earn up to 2.5% of additional revenue by selling analytical data to suppliers.

Analysis of ERPNext

Overall verdict

  • Yes, ERPNext is generally considered to be a good ERP solution for many businesses.

Why this product is good

  • ERPNext is praised for its open-source nature, flexibility, and comprehensive set of features that cover various business functions including accounting, inventory management, HR, sales, purchasing, and more. It is cost-effective, offers customization opportunities, and its user-friendly interface allows businesses of varying sizes to adapt it for their specific needs. The supportive community and continuous updates contribute to its reliability and improvement.

Recommended for

    ERPNext is well-suited for small to medium-sized businesses, startups, and organizations looking for a cost-effective and customizable ERP system. It's also ideal for companies that have specific needs in manufacturing, retail, distribution, and service sectors, due to its adaptable modules and extensive feature set.

ERPNext videos

ERPNext - Sk8fact

More videos:

  • Review - ERPnext Quarterly Review Process
  • Review - What is ERPNEXT?

Datawiz.io videos

Datawiz BES

Category Popularity

0-100% (relative to ERPNext and Datawiz.io)
ERP
100 100%
0% 0
Data Dashboard
0 0%
100% 100
Accounting & Finance
100 100%
0% 0
Data Visualization
0 0%
100% 100

Questions and Answers

As answered by people managing ERPNext and Datawiz.io.

Why should a person choose your product over its competitors?

Datawiz.io's answer:

Our BI analytics is designed and adapted to the needs of retailers. The reports of the solution present a variety of metrics and visualizations that allow you to assess the situation from different angles. Datawiz BI will enable you to work flexibly with the indicators on the service, change, add, and track metrics that are important for stores.

What makes your product unique?

Datawiz.io's answer:

Our BI reports and functionality are designed to meet the specific needs of retailers and do not require additional customization by your specialists. We strive to continuously improve Datawiz BI, taking into account changes and innovations in the industry to provide your business with a competitive advantage.

How would you describe your primary audience?

Datawiz.io's answer:

Top managers, Store managers, Marketers, Category managers, Merchandisers, Suppliers, Analysts.

By providing unlimited users, we help you focus on achieving your strategic goals without worrying about restrictions and additional costs. We don't charge extra to increase the number of users, giving you the flexibility and cost savings you need as your chain grows.

What's the story behind your product?

Datawiz.io's answer:

Since 2016, we have supported retail chains in automating business processes and getting insights from the data to make critical decisions.

We are united by trust in technology effectiveness, love for data, machine learning, and code, and the desire to develop Ukrainian IT solutions. Our primary skill is the ability to make the problematic world of data as simple as possible with intelligent commercial conditions for our partners.

We trust and support the retailers with strategic thinking. We are focused on improvement and growth with a modern approach to business connected with advanced analytics and digital automation

Which are the primary technologies used for building your product?

Datawiz.io's answer:

Our solutions are based on artificial intelligence technologies and forecasting algorithms. All service modules, reporting and calculations are created and targeted on retail processes.

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare ERPNext and Datawiz.io

ERPNext Reviews

17 Best ERP Software To Monitor Business Vitals In 2024
Features include its open-source nature, offering businesses the freedom to modify the software according to their specific needs. ERPNext provides businesses with an affordable option to get started with ERP software without incurring any licensing costs. It offers accounting and finance management, inventory management, project management, and customer relationship...
Source: thecfoclub.com
Top 9 NetSuite Alternative Software for Professional Services
ERPNext is a similar solution to Odoo, but it offers a more affordable pricing model with unlimited users. It can be a good option for smaller and mid-sized businesses with unusual workflows. As with Odoo, implementation of ERPNext may require expertise and effort, so make sure youโ€™re ready for it before choosing it as your solution.
Source: productive.io
Top 9 Odoo Alternatives
Suitable for individuals, startups, and small businesses, ERPNext provides a cost-effective alternative to Odoo with premium packages available should your business needs evolve and you wish to expand your business processes. It caters to various industries, such as education and healthcare, making it a versatile choice for businesses searching for an affordable ERP solution.
Best ERP Software 2022: Top Rated ERP Systems Comparison
ERPNext is an open-source cloud ERP software. It is for manufacturing, distribution, retail, trading, services, education, nonprofits, and healthcare. It offers a free trial of 14 days. Its cloud plan is $50 per user per month. You can get a quote for a self-hosted edition. More than 5000 companies use ERPNext.
11 Best Open Source ERP Solution for Small & Medium Enterprises
ERPNext powered by Frappe Technologies is a is free, and open-source integrated ERP software. This system is based on the MariaDB database system. It uses JavaScript and Python-based server-side framework for its development.
Source: wperp.com

Datawiz.io Reviews

  1. Sofie Tilman
    Insights with BI

    The BI solution changed the way I analyze my retail business. Its comprehensive assortment optimization feature, which utilizes analytical methods such as ABC, XYZ analysis, and BCG matrix, has allowed me to reduce lost sales and write-offs significantly. By optimizing my assortment, I can improve customer satisfaction and drive revenue growth. Furthermore, the sales dynamics analysis feature has provided me with a clear view of how my sales plan is executed across the chain.

    ๐Ÿ Competitors: SAP
    ๐Ÿ‘ Pros:    Analytics reporting|Data analysis|Sales & marketing automation|Nice dashboard|Fast support|Quick and easy
  2. Lilya
    ยท merchandiser at Chain store ยท
    Great tool for sales analysis

    Now I can't imagine how to manage our retail chain store without this BI tool! It is easy to generate reports and dashboards on key sales metrics. It has made tracking stocks and identifying lost sales so much easier. The marketing campaign analysis and loyalty program reporting have also been incredibly helpful in increasing customer engagement and retention.

    ๐Ÿ Competitors: Qlik
    ๐Ÿ‘ Pros:    Informative dashboard|Sales & marketing automation|Easy to track data|Easy integration
  3. We used this BI software in small pharmacy chain In Kazakhstan. After implementing it in all departments we managed to track all the changes in our sales. Moreover, with BI we began to analyze loyalty program effectiveness and found problems that we didn't know about.

    ๐Ÿ Competitors: Qlik, SAP
    ๐Ÿ‘ Pros:    Easy to use|Excellent support
    ๐Ÿ‘Ž Cons:    Only why didnโ€™t i find this before!

Social recommendations and mentions

Based on our record, ERPNext seems to be more popular. It has been mentiond 37 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

ERPNext mentions (37)

View more

Datawiz.io mentions (0)

We have not tracked any mentions of Datawiz.io yet. Tracking of Datawiz.io recommendations started around Mar 2023.

What are some alternatives?

When comparing ERPNext and Datawiz.io, you can also consider the following products

Odoo - An all-integrated business app suite to unleash your growth potential.

SAP - SAP stands for System Applications and Products in Data Processing. SAP is the market leader in ERP software and helps companies of all sizes. Read more

SAP ERP - SAP ERP is enterprise resource planning software developed by the German company SAP SE.

Domo - Domo: business intelligence, data visualization, dashboards and reporting all together. Simplify your big data and improve your business with Domo's agile and mobile-ready platform.

Sage Intacct - Intacct is a cloud-based accounting and financial management system that is designed for the businesses of all levels.

Cyfe - Social media, analytics, marketing, sales, support, infrastructure... all in one place. Track your entire business in real-time.