A non-stop business environment is a prolific ground for every company ready to keep up with ever-growing competition, fluctuating market demands, and an unstable global economy. A necessity to monitor and manage multifunctional daily performance creates a high demand for digital solutions that are capable of handling all the complexities of workload, like Odoo ERP.
Odoo ERP is one of the leading solutions in the ERP environments, which provides businesses with all the tools for proper business management, letting companies navigate through all hurdles of local and global markets. Let’s learn how it works.
What Is Odoo?
Odoo is a versatile ERP solution with a dedicated modular structure, which aims to streamline the business in-house and market performance. Odoo features over 100 modules and add-ons that are designed to improve various aspects of business functioning.
Odoo’s modules can be implemented as standalone solutions, to serve only specific business operations, or they can create a system of modules integrated into one platform, providing a comprehensive outlook into the company’s performance.
Odoo ERP started way back in 2014, but nowadays it undergoes an active growth of users due to a good balance of functionality and pricing compared to other traditional models.
Key Benefits of Odoo ERP
1. Centralized management
Since all the modules and add-ons are joined to a centralized platform, Odoo creates a single source of truth, providing businesses with full transparency and visibility of daily operations, instant communication between departments, minimized risks of data fragmentations, and overall more efficient performance.
2. Gradual development
Odoo’s beneficial nature is mainly attributed to its modular structure, which gives a lot of freedom to businesses.
When large enterprises are looking for ERP solutions, their main concern is the well-established functionality of a system. Yet, for startups, and small and medium-sized businesses, the pricing matters more.
With Odoo, everything is simpler, as companies can gradually develop their digital structure. For instance, they can start with Odoo 17 Community, which provides basic functionalities and core applications for managing daily business performance. While growing the business potential and impact, companies can turn to a more sophisticated solution – Odoo 17 Enterprise, with a more advanced set of tools and customization options. The main differences between the two are well described in the guide https://ventor.tech/odoo/odoo-17-community-vs-enterprise/ by VentorTech, a leading Odoo provider.
3. Scalability
Scalability is the buzzword of business environments, as it relates to the capability to grow in size and adjust the company’s infrastructure appropriately. Odoo is there to help.
Modules allow businesses to add or remove certain functionalities according to current demands. Moreover, Odoo exploits PostgreSQL, a flexible database with an easily adjustable configuration that allows it to be configured according to business requests.
4. Customization
Odoo solutions are flexible to the core. Its building blocks, the modules, can form various combinations to fit the exact needs of the businesses. The changes can be done relatively quickly to cater to the urgent needs of the business.
How to Get Started with Odoo?
1. Define the needs
While everyone understands that the core need is to elevate business efficiency, generalizations will have little value in this case. It is important to analyze the performance of the company, define its major pain points and obstacles on the way to efficiency, and consider intentions for development and extension.
It is always better to seek advice from professionals, who can help you identify the major triggers of the performance and choose relevant solutions. VentorTech, a global integrator of Odoo solutions, offers a free consultation to help companies navigate through all initial complexities regarding Odoo implementation.
2. Form the objectives
All the needs of the company should be transformed into clear objectives – specific, measurable, achievable, relevant, and time-bound. Such a framework will direct all the efforts, time, and resources to serve one goal – the improvement of the company’s performance.
3. Set the budget
Evaluate your financial capabilities right at the start, as it will define the possible scope of work to be done.
4. Hire the Odoo Developers
The success of a development process depends on the developers’ skillfulness and knowledgeability. When looking for a company integrator pay attention to the key aspects:
- Experience – the company to choose should have a proven record of successful projects, usually available in the ‘portfolio’ section.
- Expertise – expertise defines the area/industry of the developer’s knowledgeability. It is usually mentioned on the company’s website.
- Communication – the quality of communication defines the success of an upcoming cooperation. Make sure you feel comfortable with the team, your needs are heard and considered.
- Pricing – it is better to compare several quotes, to understand the price formation and match them with your available funds.
- Testimonials and reviews – Clutch, GoodFirms, TrustPilots – these are the best professionally oriented aggregators of reviews, with details and a structured overview of the company’s services. Thus, study the available information to choose the best company.
5. User training
After the Odoo system is implemented, it is important to educate the employees to work with it effectively. Although Odoo is designed with the user’s convenience in mind, it is still important to ensure that everyone understands the functionality of the program, to avoid the risk and errors during the work.
6. Maintenance and Updates
After everything is settled, the cooperation with the company integrator doesn’t stop, as your system will require updates and tech maintenance, unless you have such a specialist in your company. Moreover, every step towards growth and extension will also require relevant changes to the system. Thus, get ready for a long-term relationship with the Odoo integrators.
Concluding Lines
The business world has always been tough, requiring businesses to do their best to keep up with the competition. The complexity of daily performance requires relevant solutions to streamline all the activities and maximize the market output.
Odoo ERP is a cover-all type of solution, which provides businesses with out-of-the-box tools for managing and control of the company. Odoo’s modules and add-ons help to streamline the company’s operations. Improve the efficiency of its performance, and help businesses reach their goals and extend their impact. If in need of further consultation, use a chance for free consultation from VentorTech, who will guide you through all the complexities of Odoo integration.
