Perks of Odoo ERP implementation for your eCommerce business

by Alex Forsyth Developer

Planning to get an ERP implemented in your business system? Choose Odoo and look for a reliable Odoo implementation partner to get it implemented to enjoy the innumerable benefits it offers to businesses.

ERP implementation has become a must for every business today including eCommerce businesses. Online eCommerce businesses have to trade and sell heaps of items of different categories to worldwide customers and handle vast transactions every day. Here comes the role of a reliable Odoo implementation partner. An ERP like Odoo eases out these tedious tasks and is considered as an imperative option for the eCommerce businesses. An ERP streamlines data and fulfils every eCommerce business requirement including order management and enhanced customer satisfaction.

Implementing ERP software in an eCommerce venture contributes great value to the business and offers many notable benefits, some of which are summarised below.

Eliminates data redundancy, manual errors, and manual tasks:

With the increasing number of eCommerce businesses, the transmission and storage of data, customers’ point of interest, customer-driven features, web requests, etc. are becoming tough to manage. This is where an ERP like Odoo helps out. Integrating Odoo ERP software into an eCommerce business can help in storing huge amounts of data, etc. and easy, automated, and quick management of all the tedious tasks, resulting in less manual efforts and errors.

Improves productivity:

Odoo ERP software plays a vital role in streamlining business workflow. It lessens the manual workforce for business management. When it is an eCommerce business, with Odoo the customers’ orders automatically get integrated into the software in real-time that eventually helps to track the orders consistently. This again helps in quick processing of the orders. Overall, integrating Odoo significantly reduces the sales and purchase order fulfilment cycle.

Inventory management gets simpler with Odoo:

All orders and customer data instantly show up in the ERP, owing to steadfast transfer and exchange of data and information. Stocks get refreshed easily as well. So, with timely and precise data on ordered deals and stocks, eCommerce businesses can plan the product purchases properly, thereby reducing the inventory costs to a great extent.

Customer relationships management becomes easy:

Odoo offers easy customer relationships management to eCommerce businesses with updated and detailed product information, inventory availability information, and real-time tracking of orders. All these together improve the customer satisfaction level and helps an eCommerce business to win more number of loyal customers.

Odoo helps to generate accurate financial reports:

While eCommerce stores now are featured to generate their own financial sales reports, integrating Odoo ERP into the business system can help to create trial balance, cash flow statement, balance sheet, profit or loss statement, etc., that are required for maintaining clarity in financial management.

Ensures a seamless workflow:

The greatest advantage Odoo offers to the users is a streamlined and seamless workflow. Odoo saves a lot of time by automating and managing different business operations and lets the employees focus on the other productive areas. With all data and operational information stored at one single place, employees can access the data for any task from a single location. With an intuitive interface, streamlined tasks, and every data accessible from a single point, the whole workflow gets smoother than ever before.

Helps in more precise decision-making:

Odoo integrates almost all the primary functions of an eCommerce business and reduces the chances of any inconsistency in the business workflow. ERP helps eCommerce business management with a more uniform, precise, and instant result. This again helps in instant decision-making and strengthens the control over the vital operations.

Uniform operating system:

An ERP system like Odoo offers one single reporting system, which helps in exact data analysis including real-time statistics, prompt reporting across different departments, and instant analysis of the status of all business processes. ERP also facilitates better collaboration and communication between different departments of the business. Overall, it helps in maintaining a uniform operational flow.

To enjoy these perks of Odoo, eCommerce businesses need to get it implemented and adopt it wisely for streamlined management. Availability of data, updated order processing, timely delivery, and instant order tracking, all are covered by Odoo to deliver the best services to the online shoppers.

Alex Forsyth is an Odoo expert and is associated with the most reliable Odoo implementation partner in Australia, Envertis Software Solutions. The author has written this article to make eCommerce business owners know the benefits of getting the ERP implemented for a streamlined workflow.