7 Remarkable Benefits of Odoo Implementation for Your Business

by Alex Forsyth Developer

When it comes to choosing the perfect ERP solution for a business app, website, or just for running a usual business system, there’s no better choice than Odoo today.

ERP systems now have become an imperative need for every business be it a manufacturing business, a construction firm, an eCommerce business, a healthcare centre, an educational organisation, or some other industry. Be it a startup, an SME, or an enterprise, ERP implementation has become crucial to ensure a streamlined workflow and efficient management of business operations. However, though there are millions of businesses that have already got an ERP implemented, there are still many organisations that are not aware of what is an ERP and what is the significance of ERP implementation for their businesses.

Today, the ERP market is overflooded with ample ERP software systems like SAP, ERPNext, Oracle JD Edwards EnterpriseOne, and SYSPRO. These software solutions ensure to make business management easier and make businesses agile. Though these prove to be effective for many companies but can be costly at the same time. What if you can get an ERP that costs less yet ensures to be more effective than these?

Now, that’s where Odoo ERP comes into the picture. On-Demand Open Object or Odoo in short can work as the fuel for every business if the business can reap its benefits rightly. Odoo stands out in the crowd today with over 7 million global users. Odoo has much more to offer than the other ERP solutions. Moreover, it is much more affordable as compared to the others in the ERP market. It is an all-in-one integrated business management software that fits every unique business need because of its affordability, intuitive interface, high scalability, modularity, customisability, and flexibility.

Here are the 7 incredible benefits of Odoo implementation for your business in 2022.

Open-source ERP Platform:

Odoo ERP software is open-source in nature and users can use its community edition without any license fee though its enterprise edition needs a reasonable amount of license fee to be used. Odoo's community edition doesn't need any license fee as already said but it lacks some advanced features and functionalities of the ERP. Whereas its enterprise edition, which needs a nominal amount of license fee, offers all the advanced features of the ERP that enhance business operations. You can choose any one of the editions as per your business needs and processes. However, the amount you need to pay to avail its Enterprise edition is also much lower than the cost of the other ERP software systems. Odoo online edition is also available for SaaS service.

The ERP is designed in such a way that every business with a different set of requirements and operations can streamline and automate the processes in an efficient and effective way by integrating the respective modules of the ERP. You can use the ERP by simply downloading it from the official website of Odoo directly. The source codes are available on GitHub that are open to use. You can access, modify, view, and use the codes according to your requirements.

High Scalability:

Odoo ERP is one of the most efficient and effective ERP solutions that can make it easier for you to manage and streamline all your business processes. Odoo automates the processes and helps to effectively manage them. Also, without disturbing the workflow of the business, the ERP software can respond to multiple computer systems at the same time. And because of the high scalability of Odoo, it does not restrict its efficiency and any of its features to be used.

Due to the high scalability of Odoo, not only enterprises but SMEs can also get Odoo implemented and use it. Small businesses can initially get the basic required modules integrated and then can keep on adding or integrating more modules with the expansion of the business and the changing requirements or addition of processes. In other words, Odoo can scale up with the scaling up of the businesses.

An Intuitive Interface:

As you may know that the UI or user interface of any platform, business app or any software represents its overall face or gives an overview of it to the users. The UI is what makes the users use the app easily and effectively and keeps the users engaged in the software. In other words, a simplified UI can influence users to employ it for their businesses. However, the adoption of the best-suited ERP software system can make business management simpler and more effective. This ERP has an intuitive interface that makes sit one of the easy-to-use and easy-to-maintain ERP solutions available in the market. The interface of Odoo is attractive, navigational, and user-friendly and offers effective usage as users do not have to be trained to use it for their businesses.

Offers Global Support:

The ERP offers app store services that are one of the biggest supports to the users. You would be surprised to know that the Odoo App Store has more than 16,000 applications available. While most of these applications are free to use, many are subscription-based as well. Keeping different business models and industry needs in mind, the Odoo apps are developed and these modules or apps can be customised accurately as per the business requirements and processes. Odoo can be used globally by businesses of different sizes and verticals. Hence, it can be clearly understood that Odoo offers global support to its users.

Caters to All Industry Needs:

Odoo software system is a comprehensive business management software. No matter whether it is a manufacturing business, retail shop, wholesale business, a trading firm, or any other business, Odoo can be integrated in all. Odoo has thousands of different customisable modules that fit every industry requirement. With its website builder module, you can create the company website easily and can configure the website as per your business operations and aspects. Apart from this, the inventory, hospitality, travel businesses, and marketing businesses can also leverage the benefits of the ERP by implementing customised Odoo solutions.

Odoo is a Cost-effective ERP Solution:

As this ERP is open source in nature, it offers easy customisation to meet every unique business need seamlessly. The ERP offers a complete package for all business management needs. With this, you can save a lot of money that you would have to spend in integrating multiple software solutions for managing different business processes. With Odoo ERP implementation, you can manage all business operations under one roof. This makes it a highly cost-effective ERP solution. This also means that you just need to pay only an Odoo partner for all your business management needs instead of paying multiple partners for multiple software solutions. This again saves a lot of money. In other words, you can get all-inclusive business management services at an affordable cost.

Remote Management:

After the pandemic days, remote business management has now become very normal and this ERP software enables the users to manage everything remotely or you can say it enables mobility when it comes to business management. Due to this feature of Odoo, it helps businesses to manage their integral working activities from wherever they want.

Third-party Integration:

Since, Odoo software system ensures to handle various business needs and verticals like retail, manufacturing, eCommerce, healthcare, hospitality, trading, construction, and more, it is now used by millions of businesses across the globe. Apart from this, Odoo can be easily integrated with any third-party tools or services like payment gateways like PayPal, eCommerce sites like Amazon and Magento, social media platforms, and more. Tools like eBay, Quickbooks Accounting, Prestashop, and many others can also be integrated with Odoo as per the business requirements.

Odoo is the best ERP solution among all the options available in the ERP market. Its comprehensive list of apps, flexibility, customisability, and cost-effectiveness makes it the perfect fit of all business verticals. If you are looking for tools or software solutions to reduce your manual workload, administrative workfload, accounting workload, data redundancy, reduce your inventory costs, improve your productivity, and have complete control over the business operations, then look for a reliable and experienced Odoo implementation partner to successfully implement the software according to your business requirements.

Alex Forsyth is a highly experienced Odoo ERP consultant associated with a reliable and leading Odoo implementation company in Australia, Envertis Software Solutions. The author has written this article to let you know the advantages of implementing and using Odoo over the other ERP software systems available in 2022.