Most Common Odoo Modules that Every Business Would Need to Integrate

by Alex Forsyth Developer

Discover the essential Odoo ERP modules for any business - from sales and inventory management to accounting and CRM, streamline your operations with these must-have tools.

Odoo is like a toolbox for managing different parts of a business, from keeping track of customers to managing inventory. The great thing about it is that you can customise it to fit your business perfectly, no matter what kind of business you have.

Odoo has thousands of modules that can streamline and automate almost every business operations. These apps or modules are like special tools for managing specific parts of your business, like handling money or tracking sales. Applications are sets of these tools bundled together, with specific settings for different tasks. And if there is something specific you need, you can even create your own custom tool to solve that problem.

Right now, Odoo has ver 17,000 apps available. You might not need all of them, but there are definitely some that could be really useful for your business, no matter what industry you are in.

List of the Most Common Odoo ERP Modules

Sales and CRM Module:

The sales and customer relationship management (CRM) module in Odoo helps businesses efficiently handle the entire sales process. It simplifies tracking leads, converting them into sales, managing orders, and organising customer interactions. This module enables smooth communication between sales teams and customers, leading to outstanding customer service. It also uses past sales data to personalise customer experiences, fostering long-term relationships.

Inventory Management Module:

The warehouse or inventory module in Odoo enables businesses to monitor their stock levels, oversee warehouses, and streamline inventory tasks. It offers real-time insights into stock movements, aiding in optimising inventory levels to prevent shortages or excess stock. With features like inventory tracking and auto-replenishment, this module enhances inventory management capabilities. It also maintains secure records of supplier and vendor details, along with logistics information for efficient stock orders and shipments.

Manufacturing Module:

Odoo has a helpful manufacturing module that speeds up production and manages day-to-day manufacturing tasks. It organises activities like scheduling, planning resources, and managing workers. Key features include creating bills of materials (BOMs), handling work orders, and tracking operations at work centers. It also helps schedule, plan routes, and monitor production, making production more efficient and using resources better.

Purchase Module:

The purchase module in Odoo is essential for automating buying processes and managing supplier relationships. It makes it easy to create purchase orders, choose suppliers, track orders, and handle invoicing. It keeps all supplier info, order details, and history in one place, making procurement smoother and helping cut costs while improving supplier management.

Human Resource Management:

Odoo has a complete HRM module for managing employee data, tracking attendance, handling leave requests, payroll, and other HR tasks. It offers a central hub for onboarding, performance reviews, training, and career growth. With this module, businesses can efficiently handle workforce activities, automate HR tasks, and stay compliant with labor laws.

Accounting Module:

With Odoo's accounting module, handling finances becomes easier thanks to a set of tools and features. It helps create invoices, manage financial statements, and generate reports. The module also supports different currencies and gives a clear picture of the company's financial status. With real-time insights, businesses can make better financial decisions and improve their financial processes.

Project Management Module:

Odoo's project management module assists businesses in planning, executing, and tracking projects efficiently. It simplifies tasks like scheduling, allocating resources, and managing budgets. This module provides advanced reporting, analytics, and collaboration tools to enhance communication and sharing of information. It helps speed up project completion and meet customer expectations.

Odoo offers various modules covering different aspects of business operations, allowing businesses to customise the ERP system to fit their needs. The article has covered some essential modules here, helping optimise sales, inventory management, production, procurement, HR processes, financial management, and project delivery. Odoo's modular approach lets businesses add or remove modules as they grow, making it a flexible and customisable ERP solution.

Alex Forsyth is an expert Odoo ERP consultant associated with Envertis, a certified odoo gold partner in Australia. In this article, the author has listed out some of the most common and must-have module of Odoo that every business would need like sales, accounting, CRM, and a few more.