Cost-effective Odoo ERP Solution For Small and Medium Companies

Odoo is an open-source ERP software system that makes tools for CRM accounting e-commerce manufacturing sales. If you're in the market for an ERP solution, you'll want to consider Odoo, but if you need to find a solution fast, use our product selection tool to get a free shortlist of ERP software recommendations.

Odoo is an ERP system that offers several apps to help you run your company, whether you need to boost sales streamline, operations build a website, or plan employee schedules. Odoo makes apps to power your business; you can start with a few modules and add more as your business grows.

All Odoo apps integrate seamlessly with one another, and you can select from hundreds of different community-built apps to integrate Odoo with third-party systems.

Odoo ERP includes an all-in-one human resources solution that enables you to centralize all your HR information. So you can manage your employees successfully. You have complete control of information such as an overview of department information at a glance detailed and sensitive information available only to HR managers.

A public directory for all employees and even alerts for new leave requests applications and approvals opt to track attendance and generate statistics to analyze timesheet trends and performance and manage employee leave and time off with automated permissions and calendar updates.

Other benefits are streamlined expense management with its integration to accounting and an easy to implement an employee evaluation system. It also comes with recruitment and social tools.

Bank Integration:

Odoo ERP gives you accounting tools that help you save time. While you grow your business, you can sync your bank statements with your bank automatically or import your files. Let's create professional-looking invoices, manage recurring bills, and track customer payments.

Super-Fast Reconciliation Using Rules:

Manage bills and expenses while you automate most of your reconciliation process. The accounting app comes with features that let you receive payments online. You can also send reminders to your clients by setting up and automating follow-ups.

Odoo ERP has a built-in reporting tool to generate reports to view your earnings balance sheet or cash flow.

Business Analysis:

Your accounting module also integrates with other tools such as expenses inventory pos and sales. Using the Odoo customer relationship management system, you can customize dashboards and generate real-time reports to get insights.

You can also create sales scripts, and schedule activities based on the automation tools that allow you to capture information directly from opportunity sources like web pages, email, and others. Track your sales performance in real-time and engage your customers better with messaging call logs and file-sharing tools.

CRM is Fully Integrated:

The CRM integrates with more than 30 regularly updated main applications and thousands more from third-party developers together.  Odoo ERP apps cover a wide variety of evolving business needs.

Improve operations with apps for:

• Inventory
• Procurement
• Manufacturing
• Help desk
• Field service

There are many pros of Odoo ERP; here are a few of them.

Pros of Odoo ERP

1. User-friendly
2. Modular Design

User-friendly 

• Intuitive and easy to use
• Adopted by over 4.5 million users worldwide
• integrated with other apps

Odoo ERP is intuitive and easy to use. It has been adopted by over four and a half million users worldwide with different technical levels who found the solution easy to use. They accessed the software and integrated it with other apps without maintenance concerns because of regular updates and smooth operation.

Since ERP solutions are primarily built for enterprise users, the modular characteristic of Odoo ERP allows businesses of all sizes to implement an ERP solution with only the apps they need at the moment.

Let’s businesses avoid the significant initial expenses typical of ERP implementation while also supporting growth with tightly integrated apps. Odoo ERP had steadily grown since its early open-source days when it launched in 2005.

Cons of Odoo ERP 

• Difficulty finding complete documentation of all apps in one centrally located resource hub
• customer support is not as responsive as it could be

As more apps are developed and become available, some users complain of difficulty finding complete documentation of all apps in one centrally located resource hub. That makes it challenging for new users who have to hurdle a steep learning curve to use the system.

Also, depending on location, customer support is not as responsive as it could be still, not sure. Odoo ERP is right for you to use our product selection tool to get a free list of the best ERP software recommendations.