5 Salient Features of Odoo that Make it a Reliable ERP for Enterprises

What makes Odoo the best ERP solution for your business?

As business leaders, you may find that you’re spending too much time running your company rather than growing it. You may easily get bogged down due to exhaustive paperwork, long spreadsheets, or have to assemble discrete software to actually work together. This is where the open-source Odoo ERP comes to your rescue. With its vast suite comprising over 40 business productivity applications, Odoo provides a smoother and simpler way to run your business. The range of business apps offered by Odoo is highly comprehensive, fully-integrated, easy to use, and supports numerous different industries. Fingent, utilizing its partnership with Odoo ensures their clients are leveraging one or more apps from Odoo to boost their business efficiencies.

With Odoo, you can easily create your professional website, manage your relationship with customers, design and launch your own marketing strategies, and manage online payments through e-commerce. You also have Odoo apps to manage your warehouse, accounts, and invoicing behind the scenes.

Whatever be your business needs, Odoo provides apps that work together seamlessly. Though a relatively young contender, Odoo comes packed with powerful ERP features and a user-friendly interface like any other market leaders such as SAP, Oracle, MS Dynamics, and so on.

Here are 5 distinguishing features of Odoo that make it a reliable ERP for any business.

1. Easy to set up and use

Odoo has a very clean, consistent, easy-to-use interface. It is also easy to set up and configure. You can effortlessly carry out an entire transaction all the way from a quotation to the sales order, invoice, and payment due to the consistency between the various applications within Odoo. It helps you to get started within no time.

2. Powerful communication tools

Odoo has powerful inbuilt communication tools. They use messaging systems to keep track of internal communications on either your sales orders, invoices, or purchasing. So if you have a question on your sales order, you can write a message to all the followers of the sales order at the bottom of the documents. Thus, you can attach notes and messages and communicate directly from within the document giving you a great audit trail. All the team members stay on the same page both literally and figuratively!

3. Integrated front-end and back-end tools

You can have a full-blown website builder with a single click. So, once you install the web platform, you can use it integrated with all the other Odoo applications. Odoo provides powerful e-commerce tools that integrate with your website and are completely tied-in to the web framework. Moreover, the shopping cart looks clean, is built-in to the e-commerce app, and is ready-to-go. Another interesting feature of Odoo is that even if a customer didn’t make it to checkout and has just added items to his cart, you can view it as a draft in Quotations instead of a full Sales Order.

4. Great mobile support

Though Odoo is completely web-based, it looks pretty good on mobile phones and tablets. You even get a mobile preview to check how your website is going to look like. So, unlike a lot of legacy accounting systems that are still trying to catch up, Odoo was founded as a three-tier mobile application platform and it has continued to improve.

5. Powerful enterprise and cloud solutions

Odoo has very powerful enterprise and cloud solutions. You can host it yourself or on Amazon, or on digital cloud. You can also use Odoo.com or Odoo’s own hosted solution. Thus, there are a lot of different ways to host it as Odoo is very cloud friendly. Fingent extends support for deploying Odoo on web servers like AWS and other secure environments.

Other factors that make Odoo unique

Odoo is highly customizable, completely open-source, utilizes Industry Standard Libraries, and is written in Python. The backend database is PostgreSQL which is also open source. Another important aspect is that you can build custom Odoo Applications without modifying the source code. You can easily upgrade or extend without breaking things.

Conclusion

The COVID-19 pandemic has taught us that going digital is no longer an option, but a necessity. Choosing the right ERP that suits your business requirements and unlocks the returns on your investment can help you get there. The modular framework has given Odoo a wide functional scope. While using Odoo, enterprises do not need to resort to 3rd party platforms or use additional bridging software to build fully integrated websites. Thus, Odoo supports the uniqueness of each business. This ability to customize every aspect of your system gives you a competitive advantage. And all this can be done at minimal cost, compared to the other ERP systems available in the market. As enterprises have to look at the eventual ROI before implementing an ERP system, Odoo shines because of its functionality, scalability, and affordability. Fingent’s partnership with Odoo ensures your projects are tailored for easy adaptability. Get in touch with us to plan the next dependable Odoo application that will assist in your daily business operations.

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About the Author

Bhuvana O G

Bhuvana is a Senior Content Specialist at Fingent. She loves to research and develop creative and unique content related to technology and marketing. When not involved in full-time writing, you can see her pitching into editing and proof-reading all sorts of marketing collateral crucial for the company's branding.