10 reasons your company needs Odoo ERP

20 February 2024 by
Smart Information Technologies Limited, Alison Bubb

Odoo ERP is a business application suite designed to improve processes across customer relationship management (CRM), sales, inventory management, human resources, accounting, manufacturing, project management and more. If you’re already aware of the importance of enterprise resource planning systems in modern businesses and are keen to roll out streamlined processes, integrate various business functions, automate repetitive tasks, and boost efficiency and productivity department-wide, then Odoo is a great choice. Here are 10 reasons your company needs Odoo ERP, specifically:

1. Modularity

Odoo is great for phased plug-and-play. Since it’s built on a modular architecture, it allows users to select and integrate specific modules when they align with their business needs. This approach enables scalability and flexibility in customisation. You don’t need to overhaul every process at once! You can grow into Odoo ERP, adding modules as it makes sense to do so.

2. Data consolidation

If you want to bring data from across several departments into one single view and get real-time access to information for improved decision-making processes, Odoo just makes sense. It’s easy to tie everything in and simple to keep it updated.

3. Scalability

The ability to scale with business growth is more important than you might think. Running before you can walk with an ERP can see the software fail at adoption, never achieving full buy-in or usability. By adding modules and functionalities as needed, you’re supporting your expanding operations seamlessly without any unnecessary costs.

4. Customisation

Tailoring Odoo to specific business needs is as simple as scope, customise and rollout. The flexibility in module selection and configuration means no two deployments are the same and adapting to changing business requirements is easy.

5. Cost-effectiveness

Odoo has a lower total cost of ownership compared to traditional ERPs and its open-source nature reduces licensing fees and the need for extensive IT

infrastructure. You can have an external partner manage everything for you, without having to expand internally.

6. Collaboration

Odoo is great for facilitating collaboration among teams, even if they are remote. It provides a unified platform for communication and logs everything, improving transparency and accountability even if people are not in the same geographic location.

7. Reporting

Odoo ERP Blogs explains, “Having real-time information at your fingertips is a game-changer. With Odoo ERP, you can access real-time data on your sales, inventory, and finances. This enables you to make informed decisions and respond quickly to changing market conditions. No more relying on outdated reports or guesswork!”

8. Usability

When it comes to something your teams must use every day, it’s so important that it is easy. Employees, skilled or unskilled, can use the software easily and perform their tasks simply. While many other software solutions need the employment of technically skilled personnel, Odoo can be handled efficiently by anyone.

9. Agnostic

Odoo ERP system is an all-rounder platform. No matter whether it be any manufacturing company, wholesale, retail shop, e-commerce operation, or anything, you can use Odoo everywhere. Also, with the help of a website builder, you can even create a company website and configure the e-commerce website. Apart from this, the hospitality, inventory, travel business and even marketing can also benefit from the Odoo ERP system.

10. Open source

Since Odoo is freely available at the source code level for anyone to use, it’s well supported by expert partners who enhance its base capabilities. You’ll always be able to find someone to help extend the life of your implementation with Odoo.

If you’re ready to take this crucial step and map an Odoo implementation for your operation, let’s talk. We have dozens of successful rollouts under our belt and can support you to make the most of this versatile software.

Smart Information Technologies Limited, Alison Bubb 20 February 2024
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