What are the Advantages of Odoo ERP???
Odoo ERP is one of the fastest-growing ERP systems in the world today. Odoo completes the needs of Small and Medium-scale (SMEs) business which requires a highly flexible ERP system to manage their business. In this Technological era, ERP is the backbone of any business where data is the biggest asset of any company. An ERP system in a business provides automation to back-office operations to make the business process simple and efficient.
Choosing the right ERP at the right time is the beginning of a good future for many companies. An ERP automates and integrates the back-end process of various business processes like Sales, Purchase, Accounting, Manufacturing, HR, and customer services. You can manage and plan the products, Customers, and Employees.
Being an organization, It is important to consider the ERP systems for business functions to manage them quickly and efficiently.
Advantages of Odoo ERP
The initial investment for an ERP system would take a large part of the budget so initial start-ups will not think about ERP systems at an early stage and keep these ERP Implementation thoughts as second and third thoughts but if you think about long term vision then ERP system is the gain for the organization.
The most important part of the ERP system is the centralized database. Errors in data and losses are reduced by the utilization of unified databases. ERP functionalities and features depend on different ERP systems but ERP systems streamline the data across all the departments with a single source. Using an ERP system helps to streamline the work processes in collaborative ways.
Improved analytics and reporting
ERP systems give better reporting and analytics to have more insightful data. It organizes the data across all the departments so it is easy to track the business performance at each stage with each department. It is easy and quick to generate ERP reports, research, and compilation rather than manual report generation.
There are many tasks in a business that is tedious and it is taking both time and morale of an Employee but using the ERP system for such a tedious task allows employees to utilize their time more effectively and efficiently. Automation of any task in a business will eliminate the wastage of time on administrative tasks so it will save employee time so will create a productive environment in a business.
Most the ERP system is integrated with the CRM system so it will help the sales team to make better communication with customers. CRM systems will provide better customer visibility and will help a business to understand clients’ needs so we can cater good service to customers. ERP systems have an organized database of your customers which helps you to understand your customer historically.
Odoo ERP is an integrated system for business processes. It offers both Community and Enterprise versions so we can use it as per our requirements. Odoo is modules so you can add the modules as and when you require them in your business. It is easy to customize based on our business processes and easy to integrate with third-party systems based on their technical API so take advantage of the Odoo ERP system in your business.
SMEs (Small and Medium Enterprises)
Most SMEs depend on the ERP system to manage their growing business. The growth of SMEs is rapid and requirements are dynamic so there is a basic need for an ERP system fully customizable and adaptable with different functions and the main thing is it should be within the budget of the company.
Odoo ERP is a modular approach which makes it ideal for any kind of business and SMEs and the design itself is to be tailored for the dynamic business. As per your business growth and demand for the need of functionality, We can customize to keep on adding new functionality to make the ERP suitable for your business.
There is a dynamic need for an Enterprise so it is difficult to manage the data between different unconnected software so you must have to consider a system like Odoo which is interconnected with all departments of the business.
- There are two versions of Odoo: Community Vs Enterprise
- If your need can be fulfilled by a community version then you can download, Use it and make customization as per your need.
- Odoo Enterprise pricing is based on Users, Modules, and hosting type so you have to pay only for your use and in the future, if you need additional modules then you can buy more modules for your needs.
Odoo ERP has different hosting Options like Online, Digital Ocean, AWS Server & Odoo. sh platform. It will save your cost in terms of infrastructure setup with ERP system implementation. Using cloud hosting, the servers are highly scalable and can be worked with any kind of expansion in the business.
Odoo ERP is a highly functional, Customizable, and collaborative system with budget-friendly rates which can transform your small and medium scale business into the efficient growing stage. It provides basic functionality for any start-up company and it can be streamlined as per your business needs.
For large Enterprises, The requirements are highly complex and Odoo may not be the best option but it can be possible to use Odoo with complex requirements, You can use Odoo Services from an experienced team.
The focus of Odoo is on the Small And Medium Scale (SMEs) Industry and the large enterprises that are in a need of other flexible and available ERP systems in the market but being a large enterprise you need an economical and budget-friendly ERP system then Odoo is the best option for you.