Features and enhancements in Odoo 17 to streamline your business processes!.pdf
Odoo ERP is a favoured ERP software used by many businesses across diverse industries, to manage their operations. It is open-source, meaning its code is freely accessible and can be modified. Odoo ERP software is widely recognised globally as a top choice for over 12 million users today.. Founded by Fabien Pinckaers in 2005, Odoo ERP software was originally called Tiny ERP, then Open ERP in 2010, before settling on its current name in 2014. The name Odoo comes from “On-Demand Open Objects.” Unlike the other ERP systems, Odoo allows extensive customisation and integrates easily with other Odoo apps and third-party software. Odoo ERP provides robust functionality at an affordable cost. Its modules can be tailored to fit specific business needs, making it a comprehensive solution for managing various aspects of a company. Implementing Odoo is straightforward, and it includes efficient training and support for data migration. What is Odoo ERP? Odoo is a popular choice for many businesses because it helps manage various aspects of business operations. Its features are crucial for business growth. Simply, Odoo ERP software is a comprehensive software for managing businesses. It includes a complete set of open-source applications for different business needs. Odoo is incredibly beneficial for businesses as it supports growth. Whether you need to handle accounting, manage resources, or address other business challenges, Odoo provides solutions. With Odoo, users can manage CRM, sales, inventory, reporting, accounting, invoicing, and more. This blog covers a brief introduction to Odoo ERP software and its essential features, highlighting how Odoo can effectively benefit businesses. Let’s Explore the Features of Odoo Helps Businesses Grow Let's Explore the Features of Odoo Helps Businesses Grow Modular Structure: Odoo is structured with modules, each serving different business functions like CRM, Purchase, Sales, Inventory, Accounting, Manufacturing, and HRMS. These modules can be customised and integrated to meet specific business needs. The Odoo team regularly introduces new modules and features to improve business operations, based on market feedback and analysis. For example, in supply chain management, Odoo ERP software doesn’t offer a single software solution. Instead, it integrates key modules like Purchase and Sales. Similarly, for effective human resources management, Odoo integrates modules such as Timesheets, Employees, Recruitment, Attendance, Time Off, Approvals, and Payroll. This integration benefits businesses by streamlining operations across different departments. Availability of Odoo in Community and Enterprise Editions: This enables access through both a nominal fee and free of charge. The Community version incurs no licensing fees, while the Enterprise Edition, supported by Odoo Partners, requires a license for implementation.
