ERP A Solution For All Enterprise Needs

Jul 7
18:55

2021

Mehwish

Mehwish

  • Share this article on Facebook
  • Share this article on Twitter
  • Share this article on Linkedin

This post will briefly outline several must-know benefits with a wide range of applicability and efficiencies for the broadest possible audience. As a result, the purpose of this post is to explore the advantages of utilising Odoo ERP, Odoo CRM, and its distinctiveness.

mediaimage

An ERP is known as enterprise resource planning. It plays the role of a bridge within an organization that connects every department throughout the organization with a single interface. This interface further allows departments to share information,ERP A Solution For All Enterprise Needs Articles documents and even support collaboration with other departments on a varied project.

For instance, the Order Management department is about to process an order. They can get the complete information about the purchase and customer details directly from the sales department. This way, the possibility of information error will significantly reduce.

But the best thing is, despite the shared information, ERP allows every department to maintain their own record and customize access to shared information.

Moreover, it efficiently manages activities across departments within an enterprise ranging from accounts to human resources and marketing to the sales department.

You can contact Techloyce for CRM and ERP solutions, ERP Consulting services, along custom CRM development. We have skilled and certified ERP Consultants to assist you throughout the journey from ERP consultation to post-implementation & integration support.

Unlike CRM, an ERP helps businesses in supply chain management. Simultaneously, it focuses on reducing costs and providing frictionless process management. On the other hand, CRM deals with sale funnel management and increasing sale.

Here in this article, we have discussed what is Odoo ERP is and how Odoo ERP consultant can assist in business processes.

What is Odoo ERP?

Odoo ERP is an open-source platform that is designed to connect unconnected software to a single system. In addition to this, it has three versions known as Online Odoo AKA cloud Odoo, odoo. Sh, and On-Premise Odoo.

All of these versions offer a unique feature to businesses. While two can customize to match business needs and integrate third-party applications, however, online Odoo doesn't support any customization.

Applications Offered By The Odoo ERP Website Development
  • Website builder. The essential thing for business nowadays is having an interactive and secure website. However, when it comes to enterprise, you need a new website every now, and that is tailored to match regional audience needs. Or to provide supporting content for new events about to launch products or services.
  • To make the website development process swift, website builders come in handy. It reduces the efforts required for coding, and the simple drag-and-drop option makes the process super easy.
  • If you want to add a blog to your website, then the 'Odoo Blog' application has got everything covered for you. From blog designing to dissemination, and management, you can do a lot more with this.
  • To engage with the audience, 'Live Chat,' and 'Community' are other useful applications.
Finance Applications

In addition to website building, the next essential thing for an enterprise is finance management that includes keeping track of all incoming streams of revenue and expanse. Along with the employee payroll management. In Odoo, you will find multiple applications that support such concerns. Such as:

  • 'Accounting' application. It empowers businesses to manage expenses, bills, and invoices from a single platform. Moreover, one can synchronize bank statements and automate the reconciliation process.
  • 'Expense' is another application that allows the business to manage everything, including supplies, travel expenses, employee expenditure, etc., with utmost ease. Besides, this allows the sales department to create, validate and refuse the expense without leaving the 'expense' dashboard.
  • Invoicing & Sign are one of the most used applications. Within few clicks, one can create a custom invoice and schedule it. Furthermore, these applications are linked with the accounting application. Hence you won't miss a single beat, and everything will remain agile. However, with Odoo's 'Sign' application, the approval process smoothens, and the likelihood of errors or delays in document approvals is reduced. And, the best part is, documents sharing through 'Sign' is safe and secure.
Human Resources applications

The most difficult thing for small to large-scale enterprises is to maintain and manage employees both onsite and offshore. To make thing easier for the human resource department, Odoo offer:

  • 'Employees' application. From tracking attendance time to employee expense, leave, and appraisal, you can perform multiple functions. Besides, you won't have to switch back and forth between applications because, with Odoo ERP, data is automatically synchronizing and remotely available throughout the organization.
  • 'Recruitment' is another application that empowers the HR department to manage, monitor, track and evaluate resumes from a single platform. Additionally, one can post and manage job vacancies on multiple platforms. Simultaneously, keep track of job offers.
Take Away Points

ERP is a comprehensive solution that allows business and concern personals to quickly access the information about clients, vendors, partners, and the progress of a project. Moreover, the main purpose of ERP is to reduce the cost of resources and focus efforts on supply chain management.

Among many CRM and ERP solutions, Odoo ERP is recognized as one of the most reliable open-source and cloud-based systems that empower businesses to integrate third-party applications and enhance the utility of ERP systems.