Strong technological developments have brought about a sea of change in the IT market. Almost every company is running to keep up with these updated trends. Their main motive is to stay competitive, get high rankings in SERPs, and manage business operations with productivity and ease. Today, ERP for small businesses has become a necessity to carry out their daily tasks through a single integrated set of applications such as ERP system.
The Odoo ERP system is one of the main tools in managing core business functions for both small and medium-sized businesses. He does it through Simplification and automation. the Modular structure For Performance takes care of every aspect – from processing orders, managing production, managing inventory and warehouses, tracking sales and purchases, tracking shipments, managing finances, and more. It professionally supervises business resources, optimizes production and revenue, regulates orders, sales, return on investment, manufacturing capacity, personnel management, etc. It also ensures that communication is maintained between all employees and across all departments.
However, one of the best things about using a ERP for small business is that all these functions and tasks are done via a single dashboard control with built-in analytics and data sharing options. This also encourages cooperation and harmony in all departments of the company.
What are the numbers?
With so many affordable ERP solutions now available, small businesses are also using it for their fast and growing business growth. The data below says it all –
- Almost 53% of small businesses today prefer an ERP solution along with CRM as a priority investment.
- According to research, 65% of SMEs already receive ERP consulting services.
- 96% of small startups are found to excel in their respective industry sectors on some ERP solution.
- Small businesses using an ERP solution can make decisions in 36% less time now.
- Small and Medium Businesses, who currently work with trusted ERP service providers, have been found to save 21% of time in performing business processes.
An ERP software solution is implemented and integrated into every business division regardless of its size and category. Implementing and integrating an ERP software solution requires strategic and careful planning to minimize the risk of business failure and ensure that each business objective is appropriately met.
But the process of successful implementation of ERP needs the efforts and expertise of reliable ERP consultants. An ERP system can be successfully implemented following a modular integration scheme along with the involvement of ERP experts. Any business, no matter small or medium level, can get real-time ROI with the right implementation and strategic implementation of feature-rich and popular ERP software like Odoo.
Odoo: The perfect choice for small businesses
Odoo is now the preferred ERP solution for every small and medium business. It comes with powerful and intuitive features that small and medium businesses can make use of to manage different business sectors like manufacturing, retail, trade, etc. Moreover, companies do not have to pay any licensing fees, which makes it a cost-effective option for small and medium businesses as well.
Odoo ERP It is open source, flexible and also customizable according to business requirements and workflow. Its well-structured methodology provides software solutions developed to match and achieve business objectives so that the ultimate level of productivity can be achieved. Furthermore it,
Small and medium businesses also need a robust CRM system and this is where Odoo comes to the rescue. With its built-in module, it supports the ability to resolve customer inquiries promptly tending to deliver maximum user satisfaction and user retention.
You must integrate and implement ERP into your business system to ensure efficiency and increase productivity. An ERP system like Odoo allows you to reach the highest peak of success, paving more avenues for future growth and expansion. Small businesses are taking it one step further by supporting this suite of applications, so the advantages of Odoo ERP are indisputable.
Odoo: An all-in-one solution
So, what makes Odoo the best ERP choice for small and medium businesses? The answer is its modularity, affordability, ease of use, flexibility, and accessibility. Your company, even if it is small scale, can easily deploy this ERP.
As an open source software, Odoo comes with a rare interface that gives you complete control over business processes, thus ruling your business system and workflow. If you compare Odoo with other ERP options available today, you can find that this is undoubtedly rich in features and functionality.
Here are the main reasons why Odoo is the best ERP for small business today.
- A comprehensive and coherent application
All companies operate on the basis of a distinct set of processes such as accounting, customer relationship management, sales and purchase order tracking, human resource management, warehouse management, and more. While the majority of organizations manage these with multiple software applications, they become expensive and haphazard to the company instead.
For small and medium businesses, being unable to afford such a huge investment, they start relying on various vendors and software solutions to take care of these processes. But with Odoo ERP software, these small businesses are now benefiting in many aspects. With so many features, functions, applications, and modules, it stands out as the best option with everything in one platform.
Odoo comes with thousands of modules and a full set of applications to cover all business operations. ERP includes various modules such as Inventory module, CRM module, Accounting module, Human Resources module, Manufacturing module, and more for almost all business processes. Odoo App Store has thousands of applications catering to various operations of small and medium businesses.
- Very cost effective
Investment or cost factor is always a concern of every SME. Many times, due to constrained budget, small and medium businesses ignore the need to implement ERP. ERP software solutions such as SAP, ERPNext, Oracle and Microsoft Dynamics charge hugely. But unlike those, Odoo simplifies the business process and fulfills almost all major business requirements at affordable rates.
With Odoo ERP, you will not have to pay any license fees. The installation cost is also very nominal. The community version is also very cost effective. Overall, ERP is the most affordable solution for all businesses today and is the perfect choice for small and medium businesses. It ensures maximum return on investment, easy business management, and smooth workflow.
- Easy availability
Odoo is readily available and free to download. This again is the reason for choosing this ERP over other models available in the market today. It is suitable for every business need, especially for small and medium businesses. Also, with Odoo, you can easily check the suitability and requirements of features and functionality so that it can properly take care of all your vital business tasks.
- Simple integration and implementation
Odoo is an API-friendly ERP software that is easy to integrate and implement. Odoo reduces the possibility of sudden behavioral changes that every small business goes through. In addition, Odoo ERP has a modular structure, which makes it a great choice for small and medium businesses. Small and medium businesses can start implementing the core modules as per requirements. Gradually they can advance in customization and include more modules for better performance results.
- very modular
Odoo comes with thousands of modules that can be run and combined according to business requirements. These modules are easy to use and implement to manage business right from warehouse management to sales, orders, shipping, manufacturing, e-commerce, commerce, finance, human resources, customer relations and more. And the best thing is that all of these modules are fully customizable.
- open source
Odoo is an open source ERP software solution, which makes it accessible to everyone. Due to the open source nature of ERP, you can access the codes and modules at any time depending on your interests. This again is another important advantage of using Odoo as an ERP for small business.
- Simplified user interface
Navigating Odoo ERP is quick and simple due to its streamlined and powerful interface. Compared to other ERP options, where the user interface tends to be complex and confusing, Odoo stands out as the best with its simple user interface and allows easy implementation of functions.
- Maintains transparency
The transparency maintained by Odoo reduces the need to export or re-enter data, which results in fewer glitches and errors and results in flawless business performance. It increases productivity, which is an important aspect of every small and medium-sized business. It also reduces investment in human resources, thus automating every business process at the same time.
- Decision making speed
The real-time data offered by an ERP system like Odoo proves useful for business marketing and management, accounting, etc. It enables business to take quick decisions on vital matters and thus reduce the delays in deadlines.
- Increased overall productivity
One of the main reasons to choose Odoo ERP for small or medium businesses is the huge increase in overall productivity. For every small and medium-sized business, this is an important factor. Increasing productivity is the main goal of all growing projects. This is what Odoo guarantees to deliver. With Odoo, transforming many business features and overcoming some of the major challenges you face while growing a business becomes easy.
- Simplified data
When an SME chooses to implement an ERP software such as Odoo in their business system, it is mainly because of the benefit of having a streamlined data flow. For example, it can be a bit difficult to get the business financial data needed by a company’s inventory department. But with Odoo ERP it becomes easy because all official data and information is available for every department and employee.
- Improve communication and collaboration
Integrating an ERP system for small and medium businesses can make a big difference when it comes to communication and collaboration between different business departments. Lack of collaboration and poor communication often results in data being unavailable and inaccessible. Of course, no growing business would want that to happen. This is the reason why choosing an ERP software solution like Odoo is crucial.
Conclusion
So, all these reasons make it imperative for small and medium businesses to look for an expert and reliable Odoo consultant so that they can implement ERP. A streamlined and smooth workflow with increased productivity and revenue is what every SME wants, and Odoo ensures the same convenience for all businesses. Whether you run a small manufacturing, trading, textile, e-commerce, retail or other business, Odoo always fits your requirements and automates processes, resulting in faster and higher ROI.