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 Advantages of Odoo ERP

Odoo ERP is one of the fast growing ERPs in the world today. Odoo caters the needs of Small and Medium scale business which requires a highly flexible ERP system to manage their business. In this Technological era, An 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 actively organize and plan the products, Customers and Employees. 

Advantages of ERP

Being an organization, It is important consider ERP system for business functions, 

Save Money 

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 at second  and third thoughts but if you think about long term vision then ERP system is the gain for the company. 

Improved collaboration 

The most important part of the ERP system is the centralized database. Errors in data and losses are reduced by utilization of unified databases. ERP functionalities and features depend on different ERP systems but ERP system streamlines the data across all the departments with a single source. By using an ERP system it 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. 

Improved productivity

There are many tasks in a business that are 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 it will create a productive environment in a business. 

Customer satisfaction

Most of 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 client’s needs so we can cater good service for customers. ERP system has an organized database of your customers which helps you to understand your customer historically. 

Odoo ERP 

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 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 the advantages of Odoo ERP system in your business. 

SMEs (Small and Medium Enterprises) 

Most of the 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 main things is it should be within the budget of the enterprise. 

Customizable 

Odoo ERP is a modular approach which makes it most ideal for any kind of business and SMEs and the design itself is to be tailored for the dynamic business. Based on your business growth and increase in the need for functionality, We can keep adding new functionality to make the ERP suitable to your business. 

Collaborative 

There is a dynamic need of an Enterprise so it is difficult to manage the data between different unconnected software so you must have to consider the system like Odoo which is interconnected with all departments of business. 

Budget Friendly 

• There are two versions of Odoo : Community Vs Enterprise

• If you need can be fulfilled by community version then you can download, Use it and make a customization as per your need. 

• Odoo Enterprise pricing is based on Users, Modules and hostim type so you have to pay only for your use and in future if you need additional modules then you can buy more modules for your needs. 

Cloud Based System 

Odoo ERP is having different hosting Options like Online, Odoo.sh platform and also you can host it using other hosting providers. It will save your cost in terms of infrastructure set-up with ERP system implementation. Using cloud hosting, the servers are highly scalable which 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 efficient growth.It provides basic functionality for any start up companies and it can be streamline as per your business needs. 

Large Enterprise 

For large Enterprises, The requirements are highly complex and Odoo may not be a 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 for SMEs and the large enterprises might have other flexible and available ERP systems in the market but being a large enterprise you need a budget friendly ERP system then Odoo is the best option for you.