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BUSINESS

Odoo ERP – a Single Source of Truth for Efficient Business Management

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What Is Odoo?

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.

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BUSINESS

The Power of Commercial Printing and Marketing Materials: How Inkr Printing Elevates Brand Visibility

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The Power of Commercial Printing and Marketing Materials: How Inkr Printing Elevates Brand Visibility

Commercial printing remains one of the most effective ways to promote a brand in a crowded market. While digital ads come and go, printed materials create a physical connection with customers. From business cards exchanged at meetings to banners displayed at events, high-quality print builds trust and keeps your message visible. A great example of this impact can be seen with Inkr Printing, a company known for its expertise in large- and small-format printing services, including business cards, brochures, banners, billboards, and booklets. They help businesses and organizations create customized materials that strengthen brand visibility and support marketing and event promotion.

As a trusted Boise print shop, Inkr Printing understands the needs of local businesses and organizations across the Treasure Valley. They combine advanced printing technology with hands-on service to produce materials that look professional and feel polished. Whether a company needs sharp business cards for networking or large billboards to promote an event, their team ensures every detail matches the brand’s identity and message.

Why Commercial Printing Still Matters in Modern Marketing

In a world filled with digital noise, printed materials offer something different. They are tangible, memorable, and often kept for future reference. A well-designed brochure or booklet can explain services in a way that feels more personal than a screen. Large-format prints such as banners and billboards create strong visual impact in public spaces.

Commercial printing supports marketing in several key ways:

  • Builds brand credibility through high-quality, professional materials
  • Reinforces brand identity with consistent colors, logos, and design
  • Increases local visibility through signage, banners, and billboards
  • Supports direct marketing efforts such as handouts, mailers, and event materials

When print materials are designed and produced carefully, they become powerful tools that work alongside digital campaigns.

Large-Format Printing for Maximum Visibility

Large-format printing plays a major role in event promotion and outdoor marketing. Banners at trade shows, billboards along busy roads, and yard signs during community events all help businesses stand out.

Inkr Printing specializes in large-format solutions that are clear, durable, and eye-catching. Their banners and billboards are designed to handle outdoor conditions while keeping colors bold and text easy to read. For organizations hosting events, this means:

  • Clear messaging visible from a distance
  • Strong branding that attracts attention
  • Materials built to last throughout the event

By combining quality materials with precise printing, they help clients make a strong impression in high-traffic areas.

Small-Format Printing That Builds Professional Image

While large displays grab attention, small-format materials build lasting relationships. Business cards, brochures, and booklets are often the first items a potential customer receives. If they look sharp and feel high quality, they instantly create a positive image.

Inkr Printing offers customized small-format printing that aligns with each client’s brand. This includes:

  1. Business cards with clean layouts and vibrant colors
  2. Brochures that clearly explain products and services
  3. Booklets designed for presentations, training, or event programs

These materials are not generic templates. Each project is reviewed by real people who check for quality, layout, and print accuracy. This extra care ensures the final product reflects the professionalism of the business it represents.

Customized Materials That Match Your Brand

One of the biggest advantages of working with a full-service commercial printer is customization. Every business has its own voice, colors, and goals. Printing should reflect that.

Inkr Printing works closely with clients to understand their message and audience. They offer guidance on size, paper type, finish, and format to create materials that match the brand’s style. For example:

  • A luxury brand may choose thicker cardstock with a smooth finish.
  • A nonprofit may prefer cost-effective brochures for large community outreach.
  • An event organizer may need bold, weather-resistant banners for outdoor use.

This focus on customization helps businesses avoid one-size-fits-all solutions and instead create print pieces that truly represent who they are.

Supporting Marketing Campaigns and Event Promotion

Commercial printing plays an important role in both short-term campaigns and long-term branding. For marketing campaigns, printed materials support digital ads by reinforcing the same message offline. A customer might see an online promotion and later receive a printed flyer that reminds them to take action.

For events, printed materials are essential. Banners guide guests. Booklets provide schedules and details. Business cards allow for networking. High-quality signage helps attendees find booths or meeting rooms easily.

Inkr Printing helps businesses plan and produce these materials efficiently. Their ability to handle both small and large projects means clients can rely on one trusted provider instead of managing multiple vendors. This saves time and ensures consistency across all printed pieces.

The Value of Working with an Experienced Print Partner

Choosing the right commercial printing partner makes a big difference. A reliable print shop does more than simply press “print.” It reviews designs, checks for errors, and ensures colors and layouts appear exactly as intended.

Inkr Printing stands out because of its commitment to service and quality. With experience in both small- and large-format printing, the team understands how to manage everything from simple business cards to complex billboard projects. They also provide clear communication and transparent pricing, helping clients stay within budget without sacrificing quality.

For businesses and organizations that depend on strong branding, this level of support is essential. It reduces stress and increases confidence that the final product will meet expectations.

Conclusion

Commercial printing remains a powerful tool for businesses and organizations looking to grow their brand. From eye-catching billboards and banners to detailed brochures and booklets, printed materials help companies connect with their audience in meaningful ways. When these materials are customized and produced with care, they strengthen credibility and improve marketing results.

By offering expert large- and small-format printing services, Inkr Printing demonstrates how a professional print partner can elevate brand visibility. Through high-quality business cards, brochures, banners, billboards, and booklets, they help businesses create marketing and event materials that are not only visually appealing but also strategically effective. In a competitive marketplace, that combination of quality and strategy makes all the difference.

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FINANCE

How Real-Time Payments Differ from Traditional Transfers

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Real-Time Payments

Traditional payment transfers are designed to process transactions in batches rather than in real time. A bank collects the transactions, clears them after intervals, and settles funds only during banking hours. For example, ACH transfers in the United States can take from one to three business days to complete. On the other hand, cross-border wire transfers often take two to five days, depending on intermediaries and time zones.

Now, when you put real time payments in contrast to this, they work 24/7, 365 days, and settle and send funds immediately. It’s convenient both ways, for the sender and the receiver. Now that instant financial transactions are in demand, it has also exposed the weaknesses in traditional transfers. A business that cannot afford delays with its cash instantly gravitates to the instant side of money transfers. While it may come with its risks, the system is surely one filled with benefits, and a basic understanding of the same is important to know what it brings to the table.

Speed of Transactions

real time payments settle within seconds. Prime examples of these would be the UK’s Faster Payment Service, India’s UPI, and the US FedNow network. It’s a two-way street that is beneficial both to consumers and businesses, giving them immediate access to their funds.

Security and Fraud Prevention

Both real-time and traditional transfers are secure. Putting the difference into perspective, real time payments use advanced authentication, tokenisation, and behavioural analytics to detect fraud before the funds are released. Any suspicious activity will automatically trigger alerts and blocks, reducing the risk of exposure.

Traditional transfers, on the other hand, work with a batch-based fraud monitoring system. This means that even if fraud is detected, there is a high chance it will be discovered only after the transfer has been made.

Operational Efficiency

Administrative overhead is minimal in real time payments. Since there are instant settlements, it eliminates manual reconciliation and delays. Traditional transfers, on the other hand, need to be processed in multiple batches. Manual verification is required, which automatically means a longer reconciliation period. This leads to increased workload and costs as well.

Advantages for Businesses and Consumers

Payment speed has a direct effect on financial management. When funds can be accessed quickly, it improves liquidity, reduces borrowing costs, and increases confidence in cash flow planning. These benefits, when elaborated, are as follows:

  • Faster Cash Flow: Settlements that are done instantly reduce reliance on short-term loans. This lowers the financial costs for businesses.
  • Lower Days Sales Outstanding (DSO): Merchants receive their payments immediately, which helps in maintaining better accounts both ways.
  • Greater Financial Control for Consumers: When salaries are disbursed in real time, wait time is reduced. Workers in a gig economy need payments without delays, so this also addresses that need.
  • Operational Cost Savings: Operation-wise, there are fewer errors since there is little to no manual reconciliation.

Real time payments have measurable advantages for individuals, businesses, and digital platforms. The best, however, is still how fast the service is.

Costs, Adoption, and Global Impact

While the advantages are clear, costs and adoption patterns must also be considered. Real-time payment systems come with higher per-transaction fees because of continuous processing, advanced security, and instant settlement. Traditional transfers like ACH payments can have lower per-transaction fees, but you are looking at hidden costs later on. These can come in the form of delayed funds, manual reconciliation, and, of course, slower cash flow. The reason for this is that real-time payments operate around the clock.

Globally, if you study the trend, more than 70 countries have already put up live instant payment systems. The annual transaction volume has already exceeded 195 billion in 2022. This figure is projected to double over the next five years. This is good news for businesses because it will enable them to collect cash faster, reduce reliance on credit, and improve working capital management. For consumers, it makes budgeting easier since they have access to money anytime, anywhere.

When you look at the two systems, it’s not just about which system is the best. They both come with their fair share of advantages and disadvantages, but currently, looking at how all the dependencies work together, real time payments seem to be the better option.

Conclusion

This comparison has brought a clear trend to light. Instant, all-on payments are no longer a luxury but are becoming the standard. Real-time systems outperform traditional ones in terms of speed, security, and operational efficiency. They’re beneficial to everyone—be it consumers, businesses, or financial institutions. Cash flow is smoother, transactions are faster, and financial control is better.

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BUSINESS

Development of an LMS for your business: advantages and creation process

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LMS for your business

With the onset of the COVID-19 pandemic, educational institutions and many companies had to switch to remote work. At the same time, the number of users of various LMS (online learning management systems) also increased sharply.

Now that offline events have returned to our lives, LMS remains popular. Many business owners are even thinking about creating their own systems using an LMS development company. Let’s discuss the advantages of such a solution and consider the features of creating such systems.

Benefits of developing your own LMS with a developer

Collaborating with an experienced LMS system developer has several significant advantages. Platform development by a professional has the following strengths:

  • the possibility of any changes in the configuration and implementation of functionality depending on the customer’s needs;
  • the ability to create a unique user interface and application design;
  • the possibility of further monetization of the LMS by selling it or conducting paid online courses with its help.

The benefits are truly significant. Now, let’s move on to the process of creating such systems.

Development of an LMS system with the help of professionals

Development of an LMS system with the help of professionals

Usually, the development team already has all the necessary equipment and employees to start working on a new product. As a rule, they also have a ready-made, time-tested, step-by-step action plan for its development. Usually, it looks like this:

  1. Conducting research. First, it is important to understand the main purpose of the future system and determine its tasks. This can be helped by analyzing competitors, surveying the service’s future target audience (in this case, company employees), and studying reviews from users of other platforms.
  2. Thinking through the system’s functionality. At this stage, you need to consider the tools and functions of the future platform. The required set of functions includes training programs, the ability to create and conduct tests, a knowledge base, a training calendar, the function of sending email newsletters and push notifications, and the ability to configure different access rights for users and analyze indicators. Additional functions will depend on the business objectives and client desires.
  3. Selecting a technology stack. Typically, a stack (a set of technologies based on which a service or program is developed) includes programming languages, a framework, database management systems, and compilers that translate a programming language into a set of machine code. Its exact composition depends on the future project architecture, system requirements, and set of functions. The stability of operation and the ability to withstand heavy loads of the future LMS will depend on it.
  4. Drawing up the system architecture (set of rules). At this stage, programmers use a modeling service that divides all functions into isolated modules. Required modules: a designer that creates courses, LRS for collecting and storing data, dashboards and reports, a user management system, a training calendar and a player for launching content.
  5. Development of system design and launch of the first version. The interface and design of the system must be carefully considered to facilitate work for both users and administrators. Typically, a basic version of the LMS is released first and tested on a test group of users. Based on their feedback, what the system lacks and how it can be improved is determined.

Now that you know all about the benefits and development of LMS systems from scratch, you can implement this idea for your business someday.

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