Software Alternatives, Accelerators & Startups

Trade iQ by Aks iQ VS Odoo

Compare Trade iQ by Aks iQ VS Odoo and see what are their differences

Trade iQ by Aks iQ logo Trade iQ by Aks iQ

Trade iQ: AI-driven TBML solution for real-time trade finance compliance. Unify transactions and ensure effective risk management in a paperless environment.

Odoo logo Odoo

An all-integrated business app suite to unleash your growth potential.
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Trade iQ stands out as a revolutionary solution in the trade risk management landscape. Its foundation of real-time, AI-powered modules tackles the ever-evolving threats of trade-based money laundering. For instance, Trade iQ can identify suspicious patterns associated with shell company invoicing or misrepresented goods, significantly improving banks' ability to detect and prevent such illicit activities.

What truly sets Trade iQ apart is its bespoke approach. Unlike generic solutions, Trade iQ is custom-built to adhere to specific regulatory frameworks. This ensures businesses remain compliant while effectively mitigating risks. A key strength lies in its ability to provide a unified view of transactions across departments like Trade, Compliance, Business, and Risk. By breaking down silos and fostering collaboration, Trade iQ streamlines operations by up to [insert specific percentage if available] and enhances communication, enabling teams to work seamlessly towards shared goals.

Trade iQ's emphasis on automation and digitization revolutionizes the end-to-end process. By eliminating manual tasks and paperwork, it not only increases operational speed by [insert specific percentage if available] and accuracy but also significantly reduces costs. Case studies have shown cost reductions of up to [insert specific percentage if available] for banks implementing Trade iQ. This translates into improved customer trust and satisfaction, ultimately leading to a boost in revenues.

Trade iQ empowers banks with comprehensive dashboards and reports, providing valuable insights for informed decision-making. Its robust risk indicators ensure every transaction is carefully evaluated, allowing for proactive identification and mitigation of potential threats. This data-driven approach minimizes false positives, allowing banks to focus resources on genuine risks.

  • Odoo Landing page
    Landing page //
    2022-10-03

Odoo believes amazing employees deserve great software. With its community of +7 millions and +37 000 apps, the company that was once a basic ERP solution changed its focus to a fully integrated and customisable suite of business applications. From eCommerce to Sales through Accounting and HR, Odoo integrates everything any business needs to grow into a single solution. Therefore, Odoo is the only platform you will ever need to help run your business : integrated apps, kept single and loved by millions of users.

Trade iQ by Aks iQ videos

Mr. Yahya Ghaznavi (CEO AKS iQ) on Pakistan's First AI Enabled TBML Solution by AKS iQ

Odoo videos

Odoo is not an ERP, it is just a framework

More videos:

  • Review - Intro to Odoo: What is Odoo?
  • Demo - Odoo All-in-One Software Demonstration (Tour)
  • Demo - Odoo| All In One

Category Popularity

0-100% (relative to Trade iQ by Aks iQ and Odoo)
Risk And Compliance
100 100%
0% 0
ERP
0 0%
100% 100
Regulatory Compliance Management
CRM
0 0%
100% 100

Questions and Answers

As answered by people managing Trade iQ by Aks iQ and Odoo.

What makes your product unique?

Trade iQ by Aks iQ's answer

Real-time and AI-powered: Trade iQ utilizes artificial intelligence for real-time analysis, potentially offering faster and more accurate risk detection compared to traditional methods.

Unified view: It provides a comprehensive overview of transactions across various departments, streamlining the compliance process and reducing the risk of missed red flags.

Modular design: The solution might be adaptable to integrate with existing bank systems for a smoother workflow.

Why should a person choose your product over its competitors?

Trade iQ by Aks iQ's answer

Deep regulatory expertise: AKS iQ's understanding of regulations could translate to a solution that is more compliant and future-proof.

Focus on efficiency: Trade iQ aims for fully automated and paperless operations, potentially saving banks time and resources.

Customer focus: By improving processing speed and accuracy, Trade iQ could indirectly enhance customer satisfaction.

How would you describe your primary audience?

Trade iQ by Aks iQ's answer

Compliance officers in banks who are responsible for managing Anti-Money Laundering (AML) and Terrorist Financing (TF) risks associated with trade finance.

Bank management looking for solutions to improve operational efficiency and meet regulatory requirements.

Who are some of the biggest customers of your product?

Trade iQ by Aks iQ's answer

Askari Bank CitiBank Bank Alfalah Bank AL Habib Standard Chartered UBL Faisal Bank

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Trade iQ by Aks iQ and Odoo

Trade iQ by Aks iQ Reviews

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Odoo Reviews

  1. Odoo is an ERP with all the apps a business need

    As a Software Engineer with 9 years of experience integrating ERP Software, Odoo is my first recommendation for almost any kind of business. Odoo achieves the sweet spot between business features and friendly interface, and has more than 14.000 modular applications that provide virtually any business need out of the box.

    👍 Pros:    Many built-in features|Easy user interface
  2. The Best ERP software for Business Management

    Over the years, business industries have crossed over with different developments and innovative advancements in the field of ERP. What an ERP was twenty or thirty years back and what an ERP of today is a matter of astonishment. Benefits of Odoo

    1. Easily adaptable software for any industry type.
    2. Freedom from licensing costs.
    3. No fear of Vendor Lock-in.
    4. Large customization and integration possibilities
    5. Upgrades and improvisations with each version release.
    6. Unlimited functional support if deployed at the enterprise level.
    7. Scalability and Modularity.

    And many more features.

    🏁 Competitors: SAP ERP, Netsuite ERP

17 Best ERP Software To Monitor Business Vitals In 2024
I decided to select Odoo ERP as the best ERP software with the most user-centric approach to design. Odoo's ERP system offers a modern and intuitive user interface that simplifies complex business processes and makes it easier for employees to use the software.
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 you’re ready for it before choosing it as your solution.
Source: productive.io
Top 9 Odoo Alternatives
We We Chose It: Intuit Quickbooks Online is a cost-effective accounting solution for individuals, freelancers, startups, and small-to-medium businesses (SMBs). While limited in features compared to Odoo, it is a great alternative for those looking to downsize into something more basic, while also providing features Odoo may not excel at, including tax management.
11 Best Customer Service Software & Apps You Need in 2022
Businesses on a tight budget, pay attention: Odoo is an open-source software platform with a suite of apps that help you power your business, and what’s more, its Helpdesk app is completely free (so long as you don’t need extra apps or hosting). Odoo’s website says it has 7 million users.
Source: krisp.ai
Best ERP Software 2022: Top Rated ERP Systems Comparison
Odoo is an open-source ERP and CRM software. You can download it or use it in the cloud. It has functionalities to streamline your operations, build websites, manage finances, customize & develop, etc. You can choose your hosting type, Cloud Hosting, on-premise, and Odoo.sh Cloud platform.

Social recommendations and mentions

Based on our record, Odoo seems to be more popular. It has been mentiond 13 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.

Trade iQ by Aks iQ mentions (0)

We have not tracked any mentions of Trade iQ by Aks iQ yet. Tracking of Trade iQ by Aks iQ recommendations started around Apr 2024.

Odoo mentions (13)

  • Need guidance on how to create an Odoo module using the UI
    Are you on odoo.sh, odoo.com, or are you self hosted? Source: 5 months ago
  • Need help implementing
    My own experience from more or less freelancing: If you create an account on a preconfigured server without setting it up on a machine of your own, e.g. On odoo.com / odoo.sh, or cloudpepper.io/ and don't need very specific configurations done, plus are willing to try out and learn a lot (we're speaking about days, not hours, depending on what you need even more than a week) you can do it on your own. Source: 11 months ago
  • Odoo Multi-domain Email Servers
    I hope I understand correctly but I cannot change the alias to a custom domain, it has to end in odoo.com. The alias that the new company's tickets are being directed to is connected to its own incoming server and it is used regularly. Source: 12 months ago
  • Is ERP the right solution for my family's small manufacturing business?
    If you are looking for an ERP, check out odoo.com Everything you mention is possible and it's not that expensive imo. Source: about 1 year ago
  • how do people keep track of their projects and todo?
    Leantime and Odoo are also good options. Https://leantime.io/ Https://odoo.com (search community edition). Source: over 1 year ago
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What are some alternatives?

When comparing Trade iQ by Aks iQ and Odoo, you can also consider the following products

QAD - QAD offers a complete cloud ERP software suite for global manufacturers.

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

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

erpflex - erpflex is an enterprise resource planning solution that is developed to manage all business activities effectively.

Oracle NetSuite - NetSuite is the leading integrated cloud business software suite, including business accounting, ERP, CRM and ecommerce software.

ComplyCube - Verify your customers in under 15 seconds anywhere in the world with a cutting-edge SaaS & API platform for Identity Verification and AML/KYC compliance.