5 Reasons to Choose Odoo ERP for Small Businessesby Alex Forsyth Developer
Odoo ERP is the one-in-all integrated ERP solution for small businesses. And here are the business benefits of the ERP shared by a proficient consultant of Odoo in Australia.
Enterprise Resource Planning or ERP software is now considered as the most essential and significant business management tool that streamlines and efficiently manages every business task right from production to the warehouse, inventory, finance, accounting, manufacturing, trading, eCommerce, customer relationships, human resources, orders, sales, supply chain, invoices, reporting, forecasting, billing, and more. ERP also centralises the database, ensuring easy data transfer, quick customer support, exceeding collaboration, and real-time decision making. In simple words, ERP is a complete suite of business management applications that every business needs today. And when it comes to choosing the best ERP software available today, Odoo stands out to be the first choice for every industry and every size of business right from startups to small, medium, and enterprise-level businesses.
However, most small business owners often think that ERP can be an expensive investment for them and they may not be able to afford it. But this is not true. Though there are expensive ERP software solutions available in the market like SAP, Oracle, and more, there is a very cost-effective option as well and that’s Odoo. Odoo has over 7 million users around the world today including innumerable small businesses and startups. It is an affordable and one-in-all integrated ERP solution that ensures rapid growth to small-level organisations.
Here are the major benefits of Odoo ERP for small businesses unboxed by an experienced professional of Odoo in Australia.
Odoo ERP is a comprehensive software system that offers a wide range of business applications that automates and streamlines all small business processes. The ERP helps small organisations to meet the constantly increasing market demand with reduced labour or human resources and increased efficiency.
It is a one-in-all integrated software solution:
Odoo ERP comes with thousands of modules and applications to cover the distinct needs of all organisations right from purchasing to human resources, customer relationships, sales, orders, marketing, manufacturing, eCommerce, finances, and more. With this software system, a startup or small business can get rid of investing in multiple software solutions to manage their operations. Small organisations cannot afford to invest in so many different software solutions and with Odoo, they can manage and streamline all their tasks under a single and unified platform. That’s the very first key advantage of using this software.
Scalable and stable:
This ERP is highly scalable. And it helps small ventures to grow rapidly from small to medium-level and to large-scale enterprises within a limited time span. These small-scale organisations can even get connected to many other third-party channels as well to make certain processes simpler like order management, shipping, etc.
Also, with Odoo, you can begin with the implementation of the basic required modules and can gradually keep adding and integrating more with your business growth. And that’s again because the software is highly scalable and ensures to grow with the growth of the organisations.
Flexibility for customisations:
Unlike the other available ERP software solutions, Odoo has a large number of modules for effectively and efficiently managing industry-specific business requirements differently that can be also customised as per the requirements and processes. This ERP is fully customisable software, which also makes it a great choice for small ventures.
Ease of availability:
Odoo is easily available and can be easily downloaded using the internet. And the ease of availability of the software makes it an ideal choice for small-level organisations.
Cost-effective and open-source solution:
Software systems like Microsoft Dynamic, SAP, Oracle, and a few more charge extremely high implementation, development, and maintenance costs. Whereas Odoo is an open-source ERP that needs just a nominal cost for implementation and customisation. This makes the SMEs step back from investing in the expensive ones and go for Odoo software. The ERP ensures reduced operational costs as compared to the other available options. Moreover, it is available in two models is on-premise and cloud and two editions, the Community and Enterprise editions. Small business owners can choose any of these options depending on their budget and can leverage the most out of the software.
Streamlines and centralises data:
Odoo centralises and stores all business data on a single platform. This facilitates easy access of the data by the employees of all departments.
Ensures increased productivity:
Odoo automates the processes and tasks, saving human resources from spending long hours on the same. Automating the processes also ensures faster and increased productivity in less time and reduces the chances of making errors at the same time, thereby reducing data redundancy.
Exceeds collaboration between different business departments:
The centralisation of the data and easy and quick access to the data exceeds collaboration and communication between the departments. Employees, no matter to which department he or she works in, won’t have to wait and ask for the required data to the employees of the other department. For instance, if an employee of the sales department wants some order-related data, he or she will not have to ask for it from any employee of the order department. Instead, he or she can retrieve the required data directly from the centralised database.
Helps with quick decision-making:
The centralisation of all business data and easy access of the same also help employees to make real-time decisions and also offer prompt customer support.
Hence, it can be concluded that small ventures can rely on Odoo ERP software for reduced operational costs, rapid growth, increased productivity, data transparency, reduced human efforts, quick decision-making and for improving the overall efficiency of the business.
Alex Forsyth is a functional consultant of Odoo in Australia associated with a leading Odoo implementation company, Envertis Software Solutions. The author has written this article to unbox the key benefits of using Odoo for a small business.
Created on Sep 9th 2021 07:53. Viewed 69 times.