Everything You Need to Know
The craze for integrating Odoo ERP has increased among businesses of all sizes. It is a much loved ERP software in the current time and has received an overwhelming response from the users in the last couple of years. This software has become a necessity for almost every business because it automates regular tasks and can quickly adapt to your existing system. There are key Odoo modules, handling a host of operations such as Manufacturing, Accounting, E-Commerce, Inventory, HR, Purchase, and Sales. With the integration of Odoo into your current system, You can speed up the growth of your company. Furthermore, you can make a reduction in the cost by choosing the Odoo modules that are required for your business.
If you do not adopt current business technology, your organization won’t compete with new business challenges. No wonder if it may collapse. Hence, you should embrace the latest trend of doing business, so what if you have to change the existing system of your company. Odoo ERP software is the ultimate solution to upgrade your business functions.
Odoo is an open-source business management software, including effective apps used to manage your business processes. Odoo studio has two types of Odoo apps. One is free in-built apps, and the rest are designed and published by the Odoo Gold partners.
The Odoo studio possesses roughly 1000 apps that have been crafted, keeping customer’s requirements in mind. But the thing is that you need to choose the Odoo apps that suit your business requirements then go ahead with the implementation plan.
Below are the Odoo applications. Take a look
Odoo POS (Point of Sale)
Odoo Quality Management
Odoo MRP Maintenance
Odoo Inventory Management
Odoo Project Management
Odoo Field Service
Odoo Human Resource
Odoo Email Marketing
Odoo Fleet Management
Odoo Marketing Automation
The most significant advantage of Odoo apps is that they can be customized as per your project requirements. Odoo apps help manage every process from sales to purchase. First of all, understand your business needs and choose the apps that can fulfil your business objectives. As compared to other ERP software, Odoo can easily integrate with mainstream platforms such as Walmart, Shopify, Amazon, and many more. Odoo database.
Please find the apps which are best suitable for your business then implement them. They can function well in your current system and enable you to do any tasks more effectively. For example, with Odoo apps, you can track every manufacturing activity from anywhere with a few clicks.
Now, we are going to discuss key Odoo apps and their functionality. The detailed information about modules will help select the right apps and streamline your business operations. If, in case, you won’t find any appropriate apps, Odoo partners develop additional apps and customize them based on your requirements.
Odoo apps in detail:
Customer Relationship Management (CRM)
Customer relationship management or CRM is an important Odoo module you must go through before proceeding with the implementation. With this module, You can keep the essential data safe, like client’s contacts, contract details, and purchase & sales details. When required, you can share with other departments to make the process streamlined. The CRM module helps you maintain a good relationship with the customers, that will result in an increased revenues.
Odoo Accounting and Finance
Accounting and finance are the crucial modules in Odoo, which manage the flow of money. It is used to check all kinds of transactions, such as tax, bank transactions, ledgers, and balance sheets. Moreover, it also generates financial reports, which present a clear picture of your company’s economic condition. With a couple of clicks, you can access the account and finance
Supply Chain Management (SCM)
If you want to analyze the process from manufacturing to delivering to the last customers, you should embrace the supply chain management module of Odoo , which makes the entire manufacturing process transparent .
Human Resource Management
For any company across the world, the HR department plays a key role in managing internal tasks. However, there is still required proper handling due to the increase in employees and projects. With the Odoo HR modules embrace a convenient way to maintain employee ’s data, payment and salary reports. Moreover , it also helps accelerate the hiring process and recruit qualified employees for the specific position.
Odoo Website design module has reduced the dependency on the trained developers to design your website. With this module, one can easily design a custom website without any knowledge about languages used to make the website. Odoo website builder has a variety of features that boost the functionalities of your website.
With this module, you can easily track every record of the purchase. The purchase module maintains the data that includes the vendor’s bills, purchasing orders, supplier’s invoices, and customer’s details. You can also update stocks and reports. Integration with the inventory management module can quickly update all the details.
With the use of Odoo ERP, you can simplify invoicing processes. With the Odoo invoicing app, the automation of invoices gets easier. It is straightforward to generate invoices from sales orders and delivery orders as well. Noticeably, it can be customized as per your business out of the box requirements.
Odoo Inventory Management
Inventory is the biggest asset in the manufacturing industry. The inventory management module of Odoo manages the inventory in an effective manner. It is the ultimate solution for any kind of business as it is easy to install and integrate with other apps such as accounting, purchase, sales, and many more. Moreover, it mainly focuses on the improvement of efficiency of the inventory management thus, accelerating inventory processes. Its rich features enable you to track shipments and manage multiple warehouses simultaneously.
This is one of the finest apps of Odoo software used to manage recurring sales and subscriptions. It hands over you error-free invoices, pay full attention to the taxes and take care of other payments as well.
Odoo manufacturing is one of the most exemplary modules Odoo owns. Odoo manufacturing tracks each movement of the manufacturing process. It helps manage every aspect of the manufacturing business, including the supply chain cycle.
Odoo Point of Sale(POS)
Point of Sale is another efficient app of Odoo, which has a responsive and user-friendly interface. It is the perfect fit for restaurants as it offers hassle-free installation and customization to match your requirements.
Odoo PLM (Product Lifecycle Management)
Odoo PLM module plays a crucial role in managing the products effectively. It makes a calculation of the amount required for the product's manufacturing. This module helps manage all tasks being performed during production. Additionally, It ensures easy traceability of product movements, which helps identify flaws in products before it reaches the final stage.
Odoo sign is also referred to as Odoo signature module. It is a unique Odoo app that offers a quick and convenient way to send, sign and approve documents online. It also helps you go paperless by offering features allowing you to sign digitally. In addition, there is a wide variety of signature styles available you can choose from based on your choices.
Odoo Project Management
If you want to handle multiple tasks ,including people, crucial projects, due dates, daily timesheets , the Odoo project management module can meet all these requirements. Moreover, as Odoo provides you with graphical charts and Gantt charts, you can easily track the updates on particular tasks and projects.