How Odoo ERP System Can Help Your Business In 2021

TechUltra Solutions
4 min readDec 23, 2020

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As we all know Odoo may be a business management software bundled with many modules including Accounting, CRM, E-commerce, Inventory, HRMS, and lots more. Odoo was formerly referred to as Open ERP and was founded by Fabien Pincakers in 2005. The word Odoo stands for On-Demand Open Project. the rationale why it’s named Odoo is that it’s an Open Source Software and it is often customized consistent with the business needs. Since the launch of Odoo in 2005, It’s been leading the ERP software market with 5 Million Satisfied user’s across the world.

Many businesses use several different software systems to manage the various aspects of their business, for instance, QuickBooks for accounting, SalesForce for CRM, and PeopleMatter for human resources. Oftentimes these different software solutions cannot communicate with one another, complicating matters and leaving much room for errors when data must be transferred from one platform to a different one. Using Odoo means having all of those functions, plus far more, integrated into one software, employing a different module for every business need. This facilitates the sharing of data between the modules, reducing errors, and time needed to finish tasks.

For many, their business is simply a beginning. For a few their business may be a small scale and that they cannot make big investments. For others, their business could also be an outsized scale but their investments are made already hence they’re trying to find something which will help them mapped out during a minimal. Odoo is such a platform where you’ll have your business solution with the least expenditure. It updates itself constantly. it’s a bit like the other apps that have time to time messages or notification for any updates. it’s open-source software and it doesn’t have a licensing fee.

Why is Odoo ERP the best for your Business?

  • Open source ERP
  • Fully web-based
  • Modular Structure
  • Cost-Effective
  • All in One Management Software
  • Easy Integration
  1. Open Source ERP:
    Compared to other ERP software, Odoo may be a free business management solution so, you are doing not want to shop for any license to handle your business by odoo. Although you would like to buy installation, customization, Integration and implementation. But, which is extremely low price compare than other paid softwares.
  2. Fully Web-based:
    Odoo may be a fully web-based application. Ie, you’ll access it via web browsers and it provides multi-user management support with non-disturbance.
  3. Modular Structure
    As we explained, Odoo has different business management aspects and are termed as Modules. Inside Odoo there are different modules for effective business management. One can Opt-in or Opt-out and integrate with related requirements. it’s simple to integrate any module into the software where customizations of these modules are often done easily. the pliability provided by Odoo ERP is what makes Odoo unique from other ERP software.
  4. Cost-Effective
    There is no licensing fee for using Odoo which makes Odoo again the simplest compared to other ERP software. Anyone can use the community version because the community version is out there freed from cost. But Odoo comes with two different versions where the Community version is freed from cost and you’ve got to get the Enterprise version which comes with advanced features and customized modules. the value of Odoo is extremely low compared to the other ERP software.
  5. All in One management Software
    The term beat one management software means, Odoo is bundled with major modules from accounting, CRM, HR management, Sales Management, Purchase Management- and every one of these modules are essential for successful business management. Odoo supports customization of every module as per the need rather than using various applications for various uses. There are many companies that may believe in Odoo Customization and after services.
  6. Easy Integration
    The integration of Odoo ERP applications is extremely much easier compared to the other ERP software within the market. you’ll add or remove different modules without intercepting the whole process which suggests you’ll add any modules with the prevailing software very easily and without affecting the method.

How TechUltra Solutions can assist you with Odoo Consulting and Odoo Development?

Our Team at TechUltra Solutions have been working with OpenERP (Odoo) since the discharge of version 5 and have successfully completed Implementation for OpenERP 7, 8 also version 14. we will provide you with the value effective Odoo help including Odoo Installation, Odoo customization and 3rd party integration.

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TechUltra Solutions
TechUltra Solutions

Written by TechUltra Solutions

TechUltra Solutions is working on ERP Development and Odoo Development to give success to SME companies. Visit: https://www.techultrasolutions.com/

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