How Does Odoo ERP Help in Boosting the ROI of your business?

We thrive in the era in which thousands of businesses co-exist. Some run in a traditional way; and some require a systematized approach. Now, when we say “systematic approach;” we mean the ability of businesses to trace everything right from inventory, to production planning and scheduling. And this is not possible without having a software in place. For several years now, ERPs; also known as Enterprise Resource Management software have helped business owners make their ventures effective and successful.

No matter how many human resources you have, it is important for you to have an ERP solution for running a successful business. Talking about ERPs, you will often hear one name on the lips of business owners. And that is – Odoo. Odoo might be a newfangled technology in the enterprise software market. But it has a large customer base and is a favorite amongst SMEs. These companies hire Odoo developer to build and configure an ERP for them.

Get Over the Communication Gaps

A huge business means – a lot of departments working simultaneously. And a lot of departments mean – communication gaps. It does not matter how big or small these gaps are, but ultimately, they bring a negative output for your business. This is where Odoo comes to your rescue. It is a dynamic software that helps you eliminate inhibited communication channels and puts everyone right from the sales executives to warehouse workers in the same channel. Try implementing it and you will feel the impact across different sectors.

Automate Manual Tasks

Thanks to Odoo, you can bid goodbye to the manual data entry tasks. Get in touch with a reliable Odoo development company and its professionals will explain you how the technology makes prolonged tasks effortless and easy. With the help of it, you can automate several tasks like management of sales orders, payroll tracking, invoice preparation, financial forecasts and more. By implementing Odoo ERP, you can also save the finances spent on hiring human resources and concentrate more on expanding your business.

Multi-Channel Business Processes

For an organization to work smoothly, it must apply the same set of protocol, approach, and solutions for executing critical functions. If not, the process can get quite cumbersome for those handling it. Using Odoo, it becomes possible to execute multi-channel business processes with ease. It makes sure that business owners can maintain a transparent process across all the functionalities. Also, there are hardly any chances of errors. If you have requirements specific to your business, you can always get in touch with a company that provides Odoo customization services and they will create an ERP of your choice.

Know Your Customers

A strong customer base is something that all business owners aspire for. With Odoo, you can finally stop pondering over questions like “What do my customers actually want?” Once you have the system in place, it helps you to know about the buying interests of your customers as well as their purchase preferences. Also, you can dive deeper into customer communication and go through the transaction history of each customer. Once you figure out the choices and preferences of your customers, you can implement the changes and make the most out of your ROIs.

With the above-mentioned benefits and many more, Odoo will never disappoint you. If you are a small or medium size business aspiring to make it big, you must consider interacting with an experienced Odoo development company. After knowing your objectives, it will build an ERP which suits your business perfectly. Make sure you choose the right one!

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6 Reasons Why Migrating to Odoo 11 is a Good Idea!

“All-inclusiveness” is a word that business owners of today adore! It is always a pleasure to find a business software that can help build ecommerce websites, manage customer relationships, warehouses, and inventory. And when one needs a software that fulfills all these demands; a name that often comes up is – Odoo. Since its release as an ERP in February 2005 until the launch of 11th Version in October 2017, it has offered nothing but convenience to entrepreneurs.

If you are one of the business owners willing to hire Odoo developer for building your website, make sure you get it developed in the 11th version. Even if you are working on the older version of Odoo, it is time you should consider Odoo 11 migration.

Given below are 6 reasons why you should consider Odoo 11 Migration:

1. A New Avatar

Odoo gives an enticing new avatar with every version. And with responsiveness being so important, it gives a huge reason for business owners to go for Odoo development.

2. Faster than Version 10

The Odoo team conducted a survey on around thousand users and the results proved that Odoo 11 3 times faster and simpler when it comes to usability.

3. Better Accounting Features

With Odoo Version 11, you can drive the accountancy blues away! The new version has an adaptation of local accounting packages from different countries including US, Germany, Switzerland, India, Mexico, etc.

4. Customizable CRM Modules

Odoo V11 is a great blessing for your sales staff. If you want to work on customer relationship management and sales modules seamlessly, V 11 is what you need!

5. Creative Website Builder

Website development in Odoo 11 gets more creative with its newly enhanced theme switcher, page manager and page builder. You can get in touch with professional ERP service providers and get your website developed from scratch.

6. Improved UI

Odoo 11’s user interface is better in more than one aspects. And when it comes to better UI, easy functionality is the first thing that comes to our mind.

If you are considering Odoo 11 migration, you should know that it has things in store for both; the enterprises and their end users.


View original Source: https://www.biztechcs.com/blog/why-migrating-odoo-11/

How Your Employees can Make ERP Successful?

Enterprise Resource Planning system is the primary requirement for every growing business. Without implementing the required systems, sustaining in the market even with the excellent services and promising features is next to impossible. ERP is affordable only by the huge firms is just a myth. The ERP system implemented in the company can develop a win-win situation for both the enterprise and the employees.

It is a fact that role of employees using ERP system is vital. No enterprise would tolerate if their ERP system does not earn them desired ROI. Below mentioned are the methods employees can use the ERP system to get the most out of it.

1.Analyze the Complete ERP Solution

Whenever a company implements a new ERP solution for simplifying business processes, the first thing any employee must do is its analysis. Check it thoroughly, it might be similar to the previous system or might be completely different from the system you were used to. Focus on its feature list and benefits offered. By understanding the features exactly, employees can use the system accurately and can extract the best out of it. The same way, benefits offered can simplify the business processes. Plan your enterprise resources precisely by availing all the benefits offered by the system.

2.Avoid Intolerable Mistakes

Mistakes can back off the business no matter how efficient the implemented system is. Minor mistakes can be tolerated and resolved even, what about the huge mistakes that jeopardize the business success.

a) Poor Planning

When no proper planning is made to use the ERP system, it can obscure the effective business strategies made for better ROI. Prior to making business strategies, focus on planning for the system usage as it takes the front seat.

b) Insufficient Training

Imagine the employees are made to work with the brand new ERP system you have just implemented. If they are not provided sufficient knowledge and training about the system, they will not be able to handle the system.

c) Poor Maintenance

The ERP system implemented in your enterprise require regular health check up too. The system that simplifies complex business activities also requires maintenance service to avoid further complexities. Give your employees a well maintained system for the improved functioning of business as well as ROI.

3.Get a Backup Plan Ready

A successful implementation plan is important for any system implementation but it is equally necessary to have a backup plan ready for the same. Without a backup plan you will not only lose your vital data but it will also cost your efforts and resources. Most importantly you must deliver the right training for such program to your employees as well as they would be a part of this backup program and help implement the backup plan in time.

4.Find the Flaw Rather than Avoid Using

If there are any flaws detected in the ERP system, report about it to the vendor representative handling the maintenance of system rather than stop using it.

Employees being the end users of ERP system, hold great importance. Enterprises seeking excellent solution for simplified business activities implement single ERP system rather implementing multiple systems and managing each of them individually.

ERP VS CRM

Modern businesses can leverage the advantages offered by advanced technology. Businesses can sustain in the tough competition by streamlining challenging processes with real time data. Data analysis techniques present, allows companies to forecast their future plans and strategies. Helpful tools like Customer Resource Management (CRM) and Enterprise Resource Planning (ERP) offers businesses the power to control the market.

Quick Insights

Though similar at a glance, ERP and CRM are distinctively different. To accomplish business goals and success, businesses need to rely on both the platforms (explained below).

CRM

Customer Resource Management (CRM) is a crucial tool, which allows companies to interact with their customers about either sales or services. Companies can improve its ROI by enhancing their products quality and customer services. Even customer acquisition is possible by deploying impactful CRM solution.

It offers myriads of features, which allow businesses to collect customer data, manage and use it to build unbeatable marketing strategies. Big data study trend, helps companies to streamline and simplify major business processes.

ERP

Enterprise Resource Planning (ERP) is required to manage business. It integrates all the functions like product planning, development, human resources, sales and marketing. ERP solution helps companies to fulfill goals by managing multiple core operations – accounting, inventory etc. using single software.

It is designed to make business activities highly efficient. Allowing companies to focus on the crucial factor i.e. business data, it helps them managing real time data. It can be upgraded easily whenever updates are available.

Attractive Gains

Both ERP and CRM are feature packed business solutions. But, the features and functionality list varies from version to vendors. Let us have a look how it benefits businesses.

Benefits Offered by CRM

• Desired Sales
• Convenient Use
• Save Time and Money
• Simplified Goal-Setting
• Better Platform Support
• Secured Software Solution
• Satisfactory Customer Service

Benefits Offered by ERP

• Scalability
• Business Analytics
• Better Supply Chain
• Reduced Complexity
• Affordable Operations
• Improved Data Access
• Regulatory Compliance

Final Words

CRM and ERP both are the solutions that are significant for flawless business performance. Let us check which software should your enterprise use?

CRM

CRM solution is used by enterprises seeking effective marketing strategies. They use and manage the customer data collected. Thus, companies that identify business opportunity in retaining their existing customers can avail its benefits and can also acquire new customers.

If you need cost effective software that integrates customer data with other system for profitable outcome, CRM is the solution all sized businesses should implement.

ERP

ERP solution is for the organizations, having coherent workflow that involves each and every department for seamless business functioning and quick completion of processes. They even track inter-departmental activities to ensure its effective completion.

If you are in search of a business solution offering operational efficiency with improved consistency and accuracy, ERP is the perfect software fulfilling your challenging requirements.

Be it CRM or ERP, every business needs additional software solution other than manual activities to perform business processes effectively. Consult us today for best-in-class software –as-a-service (SaaS) with flexible packages with an aim to make your business performance better.