
ERP
The success of any business lies in effective communication and proper data exchange within its internal departments. Any kind of delay in the data exchange between the core processes and administration functions will be a remarkable hurdle for the progress of any company and that can lead to failure of any business. To overcome from this problem, a concept, 'ERP' came into existence. ERP, the vast tool, capable of integrating internal business processes of any organization, is so called termed as Enterprise Resource Planning. In actual, ERP is a wide centralized database where all the inter-departmental data is stored. ERP integrates business solutions for the core processes production costing, capacity and control, warehouse and logistics, project planning & task analysis, sales and crm to the main administration functions like accounting and human resource of an enterprise.
ERP is an approach of amalgamating the various departments of an enterprise such as Sales, HR, Finance, Marketing, Production, Warehouse, etc. The single source where internal departments can share and access information quickly is ERP. It is capable of performing multiple operations in a single time and can be used by various enterprise units at the same time. Thus, we can consider that ERP can open a door to vast business process improvements for any company by the various aspects like better customer service within the time line, smoother functioning of business by everything in one place, decision support by results of informative business reports, eliminating IT barriers to growth & revenue, and the coordination of various business activities.
Benefits
Improved decision making
ERP provides a real-time, enterprise-wide view of the business for faster and more effective decision-making. All of the departments are integrated with each other in ERP, so their collective BI reports will help you in the key decisions for the improvement of core areas at your company. Hence, your decision makers will enjoy greater peace of mind and confidence in the choices they make.
Solid Operational Backbone
ERP can solve a number of challenges and provide invaluable benefits to manufacturers seeking to reduce costs, manage growth, streamline processes and gain a competitive advantage. It enables the Manufacturers to function promptly, which will able to improve the volume of production & fulfillment of orders. This information hub delivers accurate, real-time information crucial to the manufacturing industry by integrating all areas of business aka materials & inventory, production, operations & sales, accounting & finance etc.
Centralize Your Finances
With ERP, you can streamline your core finance operations and capture new growth opportunities. ERP is a great way to maintain the accounting updated in a reliable and precise way. It can integrate your key financial and accounting processes & make it easier to manage spend, resources, and financial reporting requirements so you can see the influence in financial terms over the enterprise as a joint system. That will take your business far more beyond the traditional accounting software.
Increase Productivity
When all of your business data is easily available to all departments at once, your employees will save the precious time and hassle of having to contact employees in other departments for the information they want and they will not have to wait for latest information. Hence, ERP will increase the overall productivity factor for an enterprise.
Cost Effective
By streamlining data into single ERP application, you can save the overhead cost of having individual softwares and management systems that you have for different departments and for them you were previously paying for each department. Moreover, inside ERP Most of the business processes will be automatized, so it will help you to overcome from human errors and decrease the cost even more.
Streamline Employee Engagement
ERP is a single, centralized system for your global and local workforce management and payroll processes. With ERP you can extend, automate, streamline, and your core HR processes. Core Human Resources in ERP covers workforce management, leaves, performance appraisal, timesheet and attendance, recruiting, payroll, and more – so you can fully leverage your employees’ skills and drive growth.
odoo
The concept of
high-level integrated architecture, to satisfy the needs of fetching inter-connected
information, within various departments of an organization, has given a great relief to
millions of users. Odoo is a license free software combining all the features of
traditional ERP as well as providing additional modules for the business aspects. It is
widely accepted nowadays to manage different scale companies. Not only in the Production
Sector but also in Service Sectors, Educational, Health, Logistic and almost in all
major sectors, this versatile software has been accepted wholeheartedly. Ever up-to-date
source code available, ever-expanding modules, facilitates fully customization abilities
are the major aspects of Odoo. It was formerly known as OpenERP but renamed as Odoo in
May 2014 after launching of version8. Odoo v8 includes apps containing eCommerce,
Business Intelligence, Website creation, point of sales etc. Odoo is growing so fast by
releasing its new stuffs of extendibilty that we can't even think of today.

Distinct Features
Licence Free
Odoo keeps on modifying due to its license free feature and thus
latest source code is available whenever required.
Integrated Apps
Integrating different modules like Sales, HR, Accounting, Marketing,
Finance, CRM, etc.
All in one
Amalgamate the features like designing Templates, Blogs and Notes,
Chat and Notification facilities, automatic Schedular, Project management.
Manage Multicompany
Managing multi-companies, multi-currencies and multi-languages as per
the requirement.
Robust Backend
Managing all the background processes right from the inventory
management to shipping, or from purchasing to production, or from marketing to
invoicing, or from shopping through website to delivery and many more.
Integrated CMS
Offers Bootstrap CMS and eCommerce modules integrated in website
builder with various Themes/Blocks/editing features, so that extra third party plugins
need not to be installed for Website creation.
Amazing Reporting
Facilitates Charts/Graphs/Report generation, Quotations, Invoice
creation, Email facilities, etc.
Portal Access
Allows Portal access to customers, online payment through different
payment acquirers that can be easily configured with Odoo.
Specific features per each module
Odoo Accounting
- Recevable and Payable
- Bank Statement Reconciliation
- Double Entry management
- Multiple Currencies
- Currency Gain/Loss
- Consolidation Profit and Loss
- Balance Sheet & Trial Balance
- Multiple Companies & Taxes
- Full and Partial Payment
- Automated Invoice from Sales
- Automated Invoice from Purchase
- Country Specific Chart of Accounts
- Budget & Assets
- Stock Valuation
- Analytic Accounting
- Easy Process of Year End
- Check Writing
- EDI Enabled
Odoo Sales
- Dashboard
- Quotations
- Orders
- Sales Margin
- Sales Reservation
- Agent Commission
- Sales Promotion
- Sales Discounts
- Contacts
- Sales Team
- Multiple Shops
- Customer Driven Price Pricing
- Country Driven Tax
- Delivery Orders
- Product Delivery Policies
- Multiple Invoicing Policies
- Advance Invoicing
- Payment Terms
- Delivery and Invoice History
- Quotation Reports
- Detailed Sales Analysis Reports
- EDI Enabled
Odoo POS
- User Friendly
- Online & offline
- Easy and Fast GUI
- Auto Management of Cash
- Different Payments Types
- Put Money into Cashbox
- Take Money from Cashbox
- Auto Stock Management
- Auto Sync with Server
- Multi Sessions Enabled
- Customer Selection
- Pricelist Enabled
- Auto Cash Transfer
- Payment Adjustment
- POS-Receipt By Email
- Different Layout for Receipt
- Discounts
- Shopwise Sales Analysis
- Register Wise Analysis
- Cashier Wise Payment
- Scheme and Loyalty cards

Odoo CRM
- CRM Dashboard
- Sales Team
- Contacts
- Leads
- Google Maps
- Oppurtunities
- Integrated Emails
- Phone Calls
- Support Helpdesk
- Fundraising
- Marketing Campaigns
- Meetings
- After Sales Services
- CRM Claims

Odoo eCommerce
- Integrated Online Store
- Customers & Contacts
- Orders and Invoices
- Web Sales
- Web Delivery Orders
- Web Invoices
- Products & Offers
- Awesome product pages
- Product Inventory
- Shipper Integrations
- Magento Integration
- Ebay Integration
- Amazon Integration
- Multiple payment methods
- Live chat embedded
- Search engine optimized
- Web-based website builder
- Flexible shipping rates
- Inbuilt blogging
- Automatic taxes
- Sales Analysis
- Multistores
- Multilanguage Enabled
- Customer Portal
- Alternative products
- Relative product
- Easy checkout

Odoo Manufacturing
- Dashboard
- Production Orders
- Work Orders
- Repairs
- Waste Reductions
- Bill of Materials
- Routing
- Work order planning on Gantt Chart
- Production Costing Analysis
- Labour Costing
- Job Work Outsourcing
- MRP Operations
- Production Analysis
- Workcenters
- Resource and Shift Planning
- Production planning on Calenders

Odoo HR
- Dashboard
- Employee
- Departments
- Attendences
- Timesheets
- Holidays & Leave
- Job Positions
- Contracts
- Payroll
- Recruitment
- Interview
- Employee Appraisal
- Expenses
- Timesheets Analysis
- Resource Scheduling
- Gamification

Odoo Project
- Dashboard
- Project
- Tasks
- Issues
- Time Tracking
- Real Time Collaboration
- Task activity log
- Chat with users
- E-mails & Messaging
- Helpdesk
- Portal front-end
- Analytic Accounts
- Task Delegation
- Etherpad Integration
- Invoicing on Tasks
- Gantt Charts
- Service Contracts
- Team Planning
- Scrum enabled
- Reports

Odoo Purchase
- Dashboard
- Suppliers and Contacts
- Monitor RFQs
- Purchase Orders
- Purchase Indent
- Purchase Requisitions
- Refunds
- Automate ordering
- Control Products
- Supplier Discount
- Supplier Invoice
- Purchase Pricelist
- Tax and Accounts
- Fiscal position
- Inventory forecasts
- Different Invoicing Policies
- Invoice History
- Procurement
- Minimum Stock Rules
- Incoming Shipments
- Purchase Returns
- Purchase Analysis Report

Odoo Warehouse
- Dashboard
- Landed Costs
- Delivery Orders
- Incoming Shipments
- Internal Movements
- Multi Company Enabled
- Multi Locations
- Stock Reservations
- Drop-shipping
- Procurements
- Inventory Analysis Reports
- Multi User Support
- Auto Stock Replenishment
- Picking Waves
- Stock Quants
- Procurement Rules
- Push & Pull Routes
- Purchase Propositions
- Barcode Scanners
- Smart Scheduler
- Scrap Management
- Double Entry Stock
- Perpetual Valuation
- LIFO and FIFO
- Valuation by Avg Price
- Production Lots
- Fiscal Inventory
- Stock Forecast
- Minimum Stock Rules
- Move Analysis Reports

Miscellaneous
- Fleet Management
- Integrated CMS
- Website Themes
- Business Intelligence
- Mass Mailing
- Event Management
- Blogs & Forum
- Integrated Emailing
- Document Management
- Integrated Chatter
- Real Time Online Chat
- Internal Messaging
- Word processor text editing
- Bootstrap based templates
- Professional themes
- Marketing Campaigns

How can I extract better result from Odoo? Don’t look any further – we can answer that question.
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