RUNNING YOUR BUSINESS WITH ODOO ERP: IS IT WORTH IT?

Odoo is an ERP (Enterprise Resource Planning) system consisting of a collection of individual modules responsible for certain functions. The use of this system provides a solution to problems in almost all areas of a modern company. A so-called all-in-all business management system. Sounds engaging, doesn’t it?

Are you familiar with Odoo (On-Demand Open Object)? If yes, we hope the article will provide you with some additional info on the subject; if no, then we expect the article to make you look at Odoo as a worthy alternative to the existing ERP systems. So, let us dive in.

A good deal of information has been enlightened in various sources so far. There have been many dithyrambs on Odoo’s modular-based character, multifunctionality, and flexibility. So, we will not go on with it but demonstrate something interesting and practical about the framework to be of considerable use for our readers instead.

Money, time, effort: these are for sure the core elements every business, no matter small or large, is deeply concerned about especially while there is a new ERP system implementation looming on the horizon. Consequently, in the article, we are going to dwell on these moments to make the issue maximally informative and easy to get the gist of.

MONEY

TIME

Secondly, the very system implementation process duration mostly depends on the company’s size. Given we have a large enterprise with a number of various localities, it can take a couple of months to make the business processes and workflows integrated and organized within the new framework. However, if we are talking about a small/medium company, the main ERP element can be implemented within a few weeks with the rest being added later on.

EFFORT

To back up the theoretical moments above, it sounds proper to make you familiar with some practical experience we had in Agiliway regarding Odoo ERP open platform integrating.

Several years ago, we were implementing and customizing Odoo for the European customer who wanted to use this ERP open platform as a complex alternative solution for business management, accounting management namely. Why the very Odoo ERP solution was chosen? The answer is simple: for its rich modular set, cost-effectiveness and customer-friendly nature.

What exactly directions our team worked out:

  • Invoices creation/registration/cancelling/posting
  • Payment making (including sick leaves and vacations calculations)
  • Company’s expenditures displaying to optimize taxes
  • Amortization on the main objects counting
  • Financial periods closing
  • Accounting reports compiling and alike.

What is more, in the framework of the Agiliway-Odoo collaboration, we enabled mailing of reconciliation acts, created statistics on leads and clients, etc.

The full article you can read on our website.

Custom software development company offering a wide range of IT Consulting, Web and Mobile development, Quality Management, BI and BigData services.

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