Why Odoo ERP Is The Best Choice For Small Business

Why Odoo ERP Is The Best Choice For Small Business

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ERP is the backbone of your business. You need to choose a solution that is not only all the rage right now, but can scale and grow alongside your business for years to come. Odoo is one of the most famous advanced open-source enterprise resource planning software, also known as OpenERP. The word Odoo stands for On-Demand Open Object. Odoo is a complete set of enterprise applications called Odoo apps, which combine to create an ERP solution. Odoo includes a number of applications and modules, including:

  • Website builder with Odoo content management system(CRM)
  • CRM (customer relationship management)
  • Accounting
  • Subscriptions
  • Planning
  • Consolidation
  • Invoicing
  • Timesheets
  • Manufacturing MRP
  • Field service
  • eCommerce
  • Point of sale
  • Helpdesk for customer support
  • Project management
  • Product Lifecycle Management (PLM)
  • eLearning
  • Inventory management and warehouse management
  • Human Resources
  • Marketing, including apps for Marketing Automation, Email Marketing, Social media

Every year, Odoo releases a fashionable version to ensure that the software is relevant and meets business requirements. The most developed version of Odoo 15 offers you new modules and the possibility of updating according to the company’s requirements and specifications. Odoo is available in different editions to suit your needs.

Odoo Community Edition :

Open Source ERP is also available as Odoo Community Edition. It is available for free. You can start building Odoo for free on your personal server. You need to know which modules or applications your business is missing; accordingly, you can start installing and configuring modules. The Community Edition is limited and can only be used as a desktop ERP and CRM solution.

Odoo Enterprise Edition :

Odoo business takes many forms. Odoo Enterprise Edition is hosted on a desktop or in the cloud, available anywhere and accessible from any device. Mobile operating systems include Apple iOS and Google Android. Odoo Enterprise Edition is a paid edition that gives you great features and applications that the community edition cannot. With Odoo Enterprise Edition, you can implement accounting, manufacturing, project management and inventory management functions. There are many options available in Odoo Enterprise edition that target small to large funds. It includes Odoo Online, Odoo.sh, Odoo on-premise to meet the needs of small and medium businesses.

How Odoo fits Small and Medium Business Enterprise(SME’s)?

Odoo Online:

Odoo Online Business Edition allows you to use ERP software without routine upgrades. It is aimed at small businesses. You cannot edit modules or customize Odoo Online solutions.

Odoo.sh:

This release of Odoo requires technical knowledge to install. If you are a non-technical person, you can handle the installation of Odoo.sh with the help of available partners. In addition, you can also use custom modules or third-party applications on Odoo.sh.

Odoo On-Premise:

Odoo On-premise allows you to take add-ons to your Odoo ERP and implement them on your own server, preferably depending on the Odoo server. You can also customize Odoo on-premise software according to your business needs.

ERP systems are used not only by multinational companies, but also by small and medium-sized enterprises. Up to 96% of growing companies outside their industry rely on some form of ERP solution. Odoo is different from other ERP solutions and has become the best choice because it provides affordability, modularity and ease of use. Whether your business is small or large, you can get Odoo up and running immediately without any hassle. Odoo ERP applications are suitable for the following types of businesses:

  • Manufacturing organizations
  • Merchandising companies
  • Accounting firms
  • field service operations companies
  • Research and development companies
  • Service companies
  • Marketing businesses
  • Training companies
  • Consultants and Odoo Partners
  • IT companies
  • Retailers, including online eCommerce and brick-and-mortar businesses

Here are some speculations on how Odoo will fit into small and medium enterprises:

  1. Odoo has strong features that an MSP can benefit from incorporating different verticals like sales, manufacturing, services, etc.
  2. Odoo is licensed for free as the business grows; you should not waste time and money on licensing.
  3. You can adapt your business processes and workflows to the needs of your business.
  4. Odoo ERP software manages your customer service by fixing queries faster and providing customers with greater convenience and higher maintenance.
  5. It is an open source ERP developer who has access to codes and modules customized according to their needs.
  6. If you need a third-party system to integrate with your core system, Odoo ERP makes it easy for you.
  7. The simplified user interface does not require a lot of time and training to live. This allows non-technical types to support and maintain the system.
  8. As companies grow, it provides scalability by managing complex business processes.
  9. Odoo ERP ensures transparency and eliminates the occurrence of errors when entering and exporting data.
  10. It provides real-time data that empowers your organization to make timely decisions that hurt deadlines.
  11. A lack of cooperation can result in poor communication between employees. Odoo ERP provides super collaboration to access data from any department.
  12. Odoo ERP software allows you to change your vendor if the current Odoo partner or vendor does not like your business. Moreover, there are more than 500 allies around the world that you can choose according to your convenience.

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