Odoo ERP is an open-sourced enterprise resource planning solution that connects a business using multiple software to a single system. This allows the SMEs to handle everything from one platform only.
The whole infrastructure of the organizations and related business processes from every end can be efficiently managed using the Odoo applications. So, whether you are a business manufacturer, merchandiser, or service provider, you can use Odoo ERP to enhance an organization’s effectiveness, productivity, business growth, and business processes management. Moreover, it focuses on providing both cutting-edge usability and customization.
Read: How To Choose The Right Odoo Partner: A Checklist
Available Versions of ERP
- Online Odoo: The cloud-based version of the Odoo ERP doesn’t support any module or application customization. Thus, it is suitable for businesses that are not opting for any customization.
- Odoo.sh: This version support customization. However, you have to hire a technical expert from the 500+ Odoo partners and accredited Odoo worldwide. Among many, you can reach out to Techloyce for Odoo ERP consulting services.
- On-Premise Odoo: Unlike cloud-based ERP, this is directly installed in your server and customed according to the business needs.
Learn More: What Makes Odoo the Best ERP Solution in 2021
Here in this article, we have discussed Odoo applications and these applications assist significant business processes of SMEs.
1. Website Development
One of the most essential things for a business is to have an engaging website that drives traffic, provides contextual information, and quick access to information to the visitor. But when your business is operating globally, catering to a diverse audience and consumer you need to have multiple websites. Each webpage should be unique, deliver a unique message, and resonate with the visitors. Thus, to help companies with building quality websites instantly, Odoo website apps come in handy.
Odoo offers 7 applications that cover every aspect of an enterprise’s website needs, ranging from ‘Blog’ to ‘Forum,’ and ‘Live Chat.’ Beyond everything, this enhances the effectiveness of your website and makes it device-friendly too.
Even e-commerce stores can utilize Odoo’s ‘E-Commerce’ application and build a custom website that only showcases products, manage the purchase and synchronize inventory with your website.
Along with this, by consulting Odoo Partners e.g., Techloyce, you can integrate its other applications, such as ‘Appointment,’ to manage meeting & calendar, and ‘Forum’ for community interaction, engagement, and management.
2. Sales Management
Every business is selling something either a tangible product or service e.g. SaaS, consultation, etc. To manage the sale pipeline and provide a quality experience to customers from their first point of interaction to post-purchase, Odoo CRM can do wonders.
It is pre-integrated with ‘Sale’ and ‘Point-of Sale’ applications that make sales planning easy, quick closing, and deal tracking. Besides, you can use pre-designed quotation and email templates with little-bit tweaking to turn your visit into a potential client. You can even add closing triggers.
In addition to the ‘Amazon connector,’ it is integrated with UPS, FedEx, DHL, and United States Postal Services. These integrations smoothen the workflow and let the organizations swiftly manage order and delivery. Besides, everyone stays in the loop due to the synchronization of data between amazon and Odoo.
3. Marketing Management
Have you ever wondered how will you drive driver traffic to your product? Well, having a website, with millions of landing pages, and optimized website content is not enough. You need to pitch your product or service to the customer, directly.
You need to encourage them to visit your website, click on your CTA, and perform a certain task. Well, all of this can be achieved by leveraging ‘Social Marketing,’ ‘Email Marketing,’ and ‘SMS Marketing’ applications.
The most notable thing is you can keep track of metrics. You can even bring every social media account your organization has to a single dashboard. Furthermore, this allows you to create content for every social platform, and simultaneously schedule it to send. At the same time, you can track the journey of your content, interaction rate, and CTR.
With the help of Odoo applications, you can initiate a live chat with your prospective clients or create a custom survey to get feedback from your customers.
4. Finance Management
This is one of the most crucial processes for a company whether operating on a small scale or large scale, e-commerce or services based. But, with Odoo Finance Apps, you can effortlessly keep track, synchronize, and manage finance like a PRO.
Expense tracking and management, approving and deny expense request, employee reimbursement is made easy with multiple currency support. For the sales department, this makes overseas finance management super easy.
Besides, you can automate document management by linking email with ‘Odoo Documents.’ And track deadline, automatically send a reminder for missing document, pending document signature, and so on. Along with this, you can create your own document by simply dragging and dropping elements.
5. Communication & Productivity
In the wake of the internet and high inter connectivity, it is nearly impossible to grab the attention of your prospect clients or even the attention of potential talent without having a common forum for discussion.
Hence, you can use the ‘Odoo Discussion’ app to create private and public discussion channels. Through these, you can directly interact with your target public on a micro-level.
Additionally, integrate the ‘Survey’ app with your ERP and record feedback instantly.
6. Human Resources Management
Just like your business needs ERP solutions to work efficiently. Your business also needs employees who can run your business. Remember, it cost 3X more on hiring and training new resources than retaining the existing one.
To take this challenge on, you can use the ‘Recruitment’ and ‘Employee’ applications offer by Odoo. This makes new talents’ resume sorting, interview, and onboarding easier.
On the other hand, employee appraisal, leave management, and training, all can be automated. Along with this, you can integrate the ‘Fleet’ application and keep track of all vehicles, owned by the organization. And, manage vehicle maintenance costs, insurance, fuel log, etc. simultaneously, you can allocate a vehicle to the employee and manage them online.
Read: Odoo ERP A Complete Solution For HR Department
Take Away
Having an ERP means, every employee and department in an organization is connected with a single system. Where one can access information, and data with seamless approval. But, the best thing is, Odoo ERP is open-sourced. This means, in addition to using regular ERP applications, you can integrate third-party apps, that are instantly available to your employees. There are 500+ Odoo partners, but contacting Techloyce means, you will get end-to-end service, post-service support, and seamless third-party application integrations.
