Odoo is software for the business management that includes CRM, e-commerce, payroll, accounting, development, warehousing, administration of projects and inventory.
The Community edition is the open-access implementation of LGPLv3, combined with the proprietary functionality and resources offered by the Enterprise edition. The source code for the application and core ERP modules is developed by Odoo S.A, located in Belgium. The platform was formerly known as OpenERP which is a short form for Enterprise Resource Planning.
The excellent performance of this software is achieved by an elegant user interface with a group or personalized modules that can conveniently be expanded according to the customers wishes. ODOO can be utilized by businesses of all types to support them make better choices every day and give a simple and seamless view.
As an open-source approach, Odoo may be changed to satisfy the unique specifications of a customer with its features/module at the coding stage. The set of services covers distribution, invoicing, marketing channels, email messaging, package control and many more. The following modules are compatible for any edition of Odoo and reflect the ERP functionality:
E-commerceInventory and sales are maintained through automated stock adjustments, monitoring & integrated e-commerce platform. Customer portals help manage customer records with order monitoring, allow clients to access invoices and order fulfillment, as well as to monitor pending orders from one place.
CRMOdoo provides sales user interface and a dashboard that gives a summary of selling operations. It offers helpful tips and best practices to help customers to customize and execute their CRM strategically. Odoo's smartphone user interface accommodates members of a decentralized selling team.
InventoryOdoo's two-way inventory monitoring allows full tracing from the manufacturer to the customer. With or without barcode scanners consumers may prepare and distribute orders. Depending on demand, Odoo prepares distribution requests for customers.
ManufacturingOdoo may be used by businesses to handle any of their assembly and/or manufacturing processes. Odoo activates quality assurance for the development team automatically.
AccountingOdoo optimizes the entire billing cycle to help consumers to save time while entering details. All accounting functions are available on mobile app. With only a few inputs, businesses can instantly monitor and create depreciation entries and control all activities related to properties.
EmployeesThe Odoo Employee module helps companies to maintain all details of their employeee in a single place. Clients can also build weekly and monthly schedules and monitor the time workers spent on each job.
Is Odoo free?
Odoo Community is a simple free program with one application, e.g. CRM. The price of a membership for the web and local enterprise edition is 24 USD per account, each month is paid monthly, plus the expense of an upgrade beginning at 12 USD a month (a $4 reduction is applicable for new customers).
Additional systems incorporation costs money. For instance, shipper incorporation (UPS) costs $36 a month, and eBay inclusion is $72 a month. However, a 15-day free trial is provided by Odoo.
Why opt for Odoo in your business?
The response is not simple, however, we will attempt to break it down, with a few ODOO advantages that you can comprehend.
You will enjoy its comprehensiveness
You can use more than a thousand ODOO modules to improve your company efficiency and job volume by integrating ODOO into your company. There are several functionalities in ODOO systems, and you will first determine the company’s needs and pick the best device configuration to execute it.
It has a modular design
When dealing with modules, it is so much easier and smoother. You can make improvements very quickly and conveniently and start stuff with just a couple of basic modules. You should not worry about adding more later as it is really easy.
You will enjoy Its flexibility
You will require some basic coaching at first, you as a Manager, and individuals working within the company, but once you comprehend well how things work within the system, you will find out how easy it is to make improvements that will increase the productivity of your company. ODOO is incredibly simple to work with.
It’s subjected to constant updates
You will never miss an upgrade in the technology since ODOO is a system that updates itself along with the new technological innovations.
What to do before you start using ODOO
While the advantages you reap by introducing ODOO into your company are incredible, you should realize that quite a little technological skills and expertise are needed to do things the correct way. The program still requires regular maintenance, so you’ll need someone to provide the training you and your staff need to fully grasp how it functions and how it can be utilized to improve the efficiency of the business.
Here are the things you should consider before introducing ODOO:
Have a clearly defined objective
For instance, you can develop an all-in-one ERP system that is focused on unique consumer requirements and incorporate the new framework into the current platform of your company. You can settle on an RMA (Return Merchandise Authorization) when it comes to the selection of an integrated module. This framework can be linked with modules for sales, banking, billing, manufacturing, and development.
Define the solution clearly
ODOO does have its open-source framework known as the OpenObject Framework, built-in Python and consisting of many key ERP modules. The platform for OpenObject has around 30 key modules to manage its features and more than 3000 group modules to expand the key functionality. The implemented module will, according to your specifications and requirements, facilitate intervention at the component level of the returned program, activate and monitor customer email contact and incorporates it into certain ODOO functions, workflows and records.
You should know that it is all about your cash if you need to incorporate an ODOO framework in your company, and you should strive that it does not go into wastage. OpenErp is among the most essential business choices you can ever make, just ensure that the program is installed properly so that the staff are fully prepared to utilize it to yield maximum returns.