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What is Odoo? Why is Odoo a Really Modern ERP?

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If you are a business owner, no matter the size of your business, you may want to consider implementing the use of a business management tool. More and more, companies across all industries are starting to utilize the powers of business management programs because of their ability to streamline and simplify.

One of the more popular business management programs is known as Odoo. Odoo offers users loads of different resources that can help them with highly important aspects of running a business such as invoicing, deliveries and so much more.

If you are thinking about using a business management program for your business, here is everything you need to know about Odoo ERP!

What is Odoo ERP?

Overall, Odoo ERP is a collection of powerful business tools that can be applied to a comprehensive list of applications such as sales, CRM, project management, manufacturing, warehouse management and Human Resources amongst many others. 

In all, Odoo offers business owners the opportunity to choose from thousands of different modules that are available either on the cloud or on-site. Typically, it is best suited for small to mid-sized businesses that are looking to grow and streamline their operations.

Odoo ERP is one of the most popular open source solutions to business management in the world, with thousands of downloads and installations per day. Some of the major reasons why is because Odoo is hyper flexible and can be made and remade in order to best fit your specific business needs. 

Top reasons to work with Odoo?

Now that you know what Odoo is, chances are good that you are curious about the top reasons why you should specifically start integrating it into your business plan. There are lots of different reasons that are quite convincing. To help you in your research process, we have broken down some of the most popular reasons why business owners start taking advantage of all that Odoo has to offer.

Comprehensive control ERP

Perhaps the most convincing reason why you need to start using Odoo is because it simply offers business owners the power to switch their entire management program over to one program. In comparison, there are other popular ERP systems that lack the functionality to help you manage everything you need to. 

Odoo ERP is actively being developed, supported and updated by the community so the stack of its functionality continues to increase. It is crucial for business owners to find an ERP system that is capable of helping you with all tasks. In fact, one of the very first steps of using Odoo is analyzing your company’s specific needs and processes. 

That way, the program may even be able to identify new ways that you can take advantage of ERP systems. 

Constantly update tech

As previously mentioned, Odoo is constantly updating in order to better help those who use it. One of the reasons why this is so valuable is because you never have to worry about Odoo becoming completely out of date like some ERP systems have done in the past. Making sure that your business is always running like a modern business on the cutting edge is a major advantage that you will have over your competitors. 

Modular design in construction

Odoo is incredibly modular, which means that you can plug and place and add as you go. So you can start with just using a few modules and as you grow more accustomed to the programs, can continue to add more. On the other side, if you start with a certain module and later find that it is not very useful to how your business runs and wants to grow, you can simply drop it. All this while you can continue to take advantage of the fact that they all are part of a singular integrated solution. 

Lower cost compared to competitors 

Typically, business owners can expect that the more functional and more technologically advanced an ERP system is, the more expensive it will be. That is typically considered a pretty fair trade off because of how valuable a well-integrated ERP system truly is to the success of a business. After all, the expense of a new ERP system is often offset by saving money in places like operating costs, administrative costs, inventory costs, maintenance costs and more.

With that being said, thanks to the fact that Odoo ERP comes with no licensing fees, you are able to spend that money on ways to further improve your business. Odoo’s guaranteed migration services for a fixed fee that users pay is highly unique in the industry and can help you use your money for other things that will help you grow your business and get a leg up over your competitors. 

A highly customizable system

Not only is Odoo very intuitive and easy-to-use, but it is also highly customizable so that you can use it the way you want to use it. It can be tailored uniquely to fit your company’s specific business needs. In a highly competitive market, your company needs to be able to constantly innovate in order to stay ahead of the pack and attract new customers and clients. This is only possible if you have the right tools at your disposal. Without a doubt, a highly customizable program that is constantly improving and advancing is the exact kind of product you need. 

You’re not locked in 

One of the most unique things about Odoo is that you can download the full version of the software for free, test it out, use it with your business and see how you like it. If you love it, great, you can continue using it at an affordable and highly competitive price. If you do not like it, you can simply move on and try to find the best way to run your business.

Conclusion

Running a business in 2020 requires you to constantly adapt. With Odoo ERP, you can rest assured that your ERP system is doing the very same thing. That’s a major recipe for success.

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