Why Odoo ERP is the Right Choice for Small and Midsized Companies

ERP is the backbone of your enterprise. You should select a solution that is not only a perfect rage for now however that may also scale and develop beside your enterprise in the years to return. Odoo is one among the hottest advanced open-source ERP software, which is also called OpenERP. Odoo stands for On-Demand Open Object. Odoo is a complete suite of enterprise apps called Odoo apps that make an ERP solution when combined. Odoo is comprised of numerous apps and modules, including::

• Website builder with Odoo content management system(CRM)
• Accounting
• Planning
• Invoicing
• Manufacturing MRP
• eCommerce
• Helpdesk for customer support
• Product Lifecycle Management (PLM)
• Inventory management and warehouse management
• Marketing, including apps for Marketing Automation, Email Marketing, Social media
• CRM (customer relationship management)
• Subscriptions
• Consolidation
• Timesheets
• Field service
• Point of sale
• Project management
• Human Resources Management

Each year there is a modish version published by Odoo to guarantee the software is relevant and meets enterprise necessities. The most developed Odoo model 14 offers you new modules and abilities that can be up to date as per the company’s demands and specifications. You can choose Odoo’s edition according to your needs..

1. Odoo Community Edition :Open source ERP is also minted as an Odoo Community version. It is available for free of cost. You can start performing on Odoo for free on your private server. You have to know what modules or apps your enterprise lacks; accordingly, you can begin putting in and configuring these modules. The group version is restricted and available only as a desktop ERP and CRM solution.
2. Odoo Enterprise Edition :Odoo enterprise has many features. Odoo Enterprise Edition is desktop or cloud-hosted, available on anyplace, and accessible from any system. iOS and Android are two examples of mobile operating systems. Odoo Enterprise Edition is a paid version that extends you wonderful features and apps which aren’t feasible in the community edition. You can implement accounting, manufacturing, Project management, inventory management features with Odoo Enterprise edition. There are versatile options available in the Odoo Enterprise version aiming at small to large-size pools. It includes Odoo Online, Odoo.sh , Odoo on-premise to suit small to mid-sized corporations’ requirements.

How Odoo suits SME’s?

• Odoo Online: Odoo Online enterprise version permits you to use ERP Software without any customized development. It is focused at small companies. You can’t change any modules or customise the solution in Odoo Online.
• Odoo.sh: This Odoo version requires technical information of installation. If you’re a non-technical individual, then with the assist of obtainable partners, you’ll be able to handle the installation of Odoo.sh. Moreover, you may also use the customized module or third-party applications with Odoo.sh.
• Odoo On-Premise: Odoo On-premise permits you to take add-ons of your Odoo ERP and implement them by yourself server, ideally depending on the Odoo server. You may also customise Odoo on-premise software as per your enterprise needs.

Not simply MNC but even small and mid-level corporations are utilizing ERP methods. Around 96% of growing companies exceeding of their industries depend on some type of ERP solution. Odoo stands apart from the remainder of the ERP solutions and becomes the best choice as it supplies affordability, modularity, and ease of use. Whether your enterprise is small-scale or large can extend Odoo immediately without any bothers. Odoo ERP apps match with the following sort of companies:

• Manufacturing organizations
• Construction Industry
• Hospital and Healthcare
• TV Channel and Newspapers
• Retailers, including online eCommerce and brick-and-mortar businesses
• IT companies

Here stand some speculations on how Odoo matches small and medium enterprises:

1. Odoo has stalwart characteristics that an SME can leverage the advantage of together with various verticals similar to promoting, manufacturing, Services, and so on.
2. Odoo is licensed free since enterprise evolves; you don’t have to consume your time and cash on the licensing.
3. You can customise your enterprise processes and workflows as per your organization necessities.
4. Odoo ERP software manages your customer by fixing queries quickly and supplies more extensive customer consolation and larger consumer maintenance.
5. It is an open-source ERP developer who will get access to the codes and can change the modules as per their necessities.
6. If you need any third-party system to incorporate in your core system, Odoo ERP provides flexibility to try this.
7. The streamlined consumer interface doesn’t require an enormous amount of time and training to get used to. It permits non-technical types to support and maintain the system.
8. With the rising companies, it offers scalability by dealing with complicated enterprise processes.
9. Odoo ERP offers transparency and eliminates the error prevalence by re-entring and exporting the information.
10. It offers real-time data that permits your organization to make very important selections on time that degrades delayed deadlines.
11. Lack of collaboration can lead to poor communication between staff. Odoo ERP offers exceeding collaborations with the access of knowledge from every division.
12. Odoo ERP software permits you to change your vendor if your organization is not comfortable with the present Odoo Partner or Vendor. Further, there are greater than 500+ allies worldwide, from which you’ll be able to select as per your comfort.