Odoo ERP is the Best for Small Businesses: Know Why

by Alex Forsyth Developer

There are several prominent benefits of implementing the Odoo ERP in small business organisations. One should also hire Odoo ERP consultants to acquire premium services in this field.

In today’s business landscape, the competition is huge. So when any small business enters the market, it becomes a big responsibility for them to gradually build up their game so that they can reach the level of the others. Usually, small and brand new companies deal with a lot of work pressure on their initial days. They lack organisation, which hampers their productivity, decision making capability and efficiency. However, implementing a steady and robust ERP software can mean big insights for such businesses.

A suitable ERP software for small businesses is the Odoo ERP. It is a comprehensive business management software which streamlines and integrates core business operations for all kinds of companies. One should take help from a consultant belonging to the Odoo Implementation company. No business is small for the Odoo ERP. Hence one cannot simply deny its popularity. Modern ERP systems like this leverage the business so that they can manage their performance proficiently.

Below mentioned are several reasons why Odoo ERP is the best choice for small and medium-sized companies.

1. Improved Decision Making

With a good professional ERP system like Odoo, integration and flow of information happens smoothly. With such a consistent flow of data, the quality and the speed of decision making improves manifolds. The management becomes more capable of discovering and identifying all the challenges and difficulties so that they can be tackled at an earlier stage. The controllers of finance are able to swiftly make decisions, evaluate all the orders and stock levels, monitor the budget levels closely, hence boosting financial and monetary planning. The management is also able to make quick, informed decisions on resource allocation, seek new opportunities for investment and so forth. The aim is to draw more customers and amplify conversion rates.

2. Increased Productivity

The Odoo ERP system stores and accumulates real-time data and information in a single, integrated, unified system. It also allows equal information sharing amidst all the employees through access via a single dashboard control. This way, cooperation and collaboration is maintained across multiple departments.

This advanced feature of the Odoo ERP eliminates the necessity for manual labour completely.

Despite working in a small company, the employees need not maintain records and numbers on excel sheets. The administration no longer needs to keep track of the employee attendance manually or calculate their payroll, bonus, leaves manually. Manual calculation always invites more errors and mistakes, redundancy and repetitiveness in work. The work pressure also bundles up.

With the ERP system, a master, integrated database is managed automatically. Details about vendors, customers, their history of purchase, warehouse stock levels, sales order details, delivery and shipment tracking - everything can be done smoothly with the help of this ERP. It saves time and ensures high productivity levels.

3. Increases Team Efficiency

The use of the Odoo ERP by smaller business organisations enables one to increase the flexibility and the scalability of the team members. The strength of the working team members is one of the biggest assets of any small organisation. However, scaling them can be hard work, especially when the resources, manpower and opportunities are extremely limited. This is where the Odoo ERP will come to the immediate rescue. With its advanced features, it can successfully bring about cooperation between the team members. With access to all real-time and accurate information, they can make fast decisions. This way, they become more efficient in executing their daily activities.

4. Helps Rise Sales

In the case of handling spreadsheets manually, there is a high chance that information will get leaked. This can severely hamper the reputation of the business and lead to loss of sales. A dedicated ERP software like the Odoo possesses an automated mechanism for authentication so that none of the third party members can have access to any information without permission. All necessary security measures are available with this advanced modular software. Hence the customers find it extremely trustworthy for usage.

Odoo ERP is a long term investment. Hence, it largely contributes to the enhancement of sales and purchases through these integrated modern features. It helps the small company maintain a sense of consistency and stability in their business, ideally following all the business policies and also after vitally improving and modifying customer services for everybody’s betterment.

Alex Forsyth is an ERP expert and consultant and is associated with a reliable Odoo implementation company in Australia named Envertis Software Solutions. The author has years of experience in working for this ERP and has written this article to convey to the readers the benefits and advantages of using/implementing the Odoo ERP software in small businesses.