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What is Odoo ERP System

Odoo Stand For On Demand Open Object. Odoo ERP system is an all-in-one management software that offers a range of business applications that form a complete suite of enterprise management applications targeting companies of all sizes. Odoo is an all-in-one business software including CRM, Website/e-Commerce, billing, accounting, manufacturing, warehouse, project management, and inventory.

Odoo offers two separate versions of the solution; Odoo Community and Odoo Enterprise versions. The Community version is the open source version while the Enterprise version supplements the Community edition with commercial features and services. The Source code for the OpenObject framework and core ERP (enterprise resource planning) modules is curated by the Belgium-based Odoo S.A.

Odoo / OpenERP is available in the cloud or on-site and is most suited for small to mid-sized companies. With more than a thousand downloads/installations per day, Odoo / OpenERP is one of the most used open source solution in the world.


Why choose Odoo / OpenERP?

Odoo has been a strong contender in the open source ERP category. Initially named as Tiny ERP and later renamed open-ERP, it was finally christened Odoo which reflected the multiple functions performed which are more than what a traditional ERP platform provides. These custom-tailored apps are off-shoots of the already existing 30 core modules that are standard issue with Odoo.


Odoo differentiates itself by being simple and intuitive. Their ideology is based on the fact that business software should cover complex needs without being complicated. Their mission as updated on their website is -“ to provide software that is intuitive, full-featured, tightly integrated, effortless to upgrade, all while running smoothly for every business, every user”. Some of the major reasons that make Odoo a competitive choice are:-

Open-source

As Odoo is an open source software that can be freely downloaded from the internet there are no licensing fees or other hidden costs. It can be freely downloaded and modified to suit organizational needs. This ensures that the consumer has access to the complete source code.


Hosting flexibility

Odoo can be hosted on-site or on a cloud platform giving more leverage and cutting down costs. This saves time, manpower and infrastructure directed towards hosting it on a server.


Customization

Since an ERP will integrate with a host of essential functions like accounting, sales, production, warehousing etc, it is very important that the platforms are customized to suit the organizational needs. Being an open source software, customization is one of the biggest strengths of Odoo ERP. A custom tailor-made ERP is better placed to support an organization and improve its efficiency.


Integrated Information

Collating data from multiple sources and directories into a centralized database makes it easier to generate insights and help in decision making. Data is also kept consistent and up-to-date facilitating a dynamic organization.


Flexible and Comprehensive

ERP software’s require a high level of integration with your organization which mandates that the software should be highly flexible to give a perfect fit. There cannot be any compromise on functionality and adaptability of the ERP in line with your business functions and processes.

With over a 1000 modules available on the Odoo market and new ones being developed almost every-day, the Global developer network is one of the most comprehensive networks that takes care of evolving needs of your business.


Efficiency

An ERP system streamlines business processes, eliminating repetitive processes & reduces the need for manual data entry. Processes like approvals, requests, queries can be processed faster.

Modular implementation

Odoo is able to offer a high degree of customization to organizations. It can be implemented module-wise allowing organizations to have leaner ERP’s and implement required modules in a phased manner. This lowers the cost of implementation and more importantly it incentivizes smaller organizations to implement Odoo at an earlier stage and later upgrade their modules when required.


Low cost of ownership

One of the essential factors that is highly considered in choosing an ERP software is its cost of operation and implementation per user. Since Odoo is an open source software, it can be scaled up to accommodate new users with zero cost. Funds can therefore be directed towards effective customization and implementation.


Easy migration

Odoo allows for easier and efficient migration with already existing ERP systems paving the way for a unified & centralized ERP system which makes administration and management very intuitive and easy.


Integrated Information

Collating data from multiple sources and directories into a centralized database makes it easier to generate insights and help in decision making. Data is also kept consistent and up-to-date facilitating a dynamic organization.


Reporting

ERP software makes reporting easier and more customization. With improved reporting capabilities, your organization can respond to complex data requests more easily. Employees can also run their own reports from the system improving accessibility of data.


Vibrant Community

The biggest strength that Odoo has lies in its dedicated community that is actively developing new apps for use by the community. ERP systems are a long term investment with a considerably long time-period of application. Having a dedicated support staff adds to the long-term evaluation of Odoo. The community also serves as a measure of trust that has been garnered by Odoo.




Odoo is management software that fits all sizes. This software is for small, medium and large companies.


Your company's information is all in one place. You don't have to go back and forth to check details.


All apps have real-time access to your database. Odoo apps cover a large number of business needs. It’s easy to navigate, with an intuitive and user-friendly platform. Odoo is capable of adapting to a company’s development and growth. All you have to do is add new applications when you need them.

A complete set of tools that:

  • Simplify processes
  • Increase productivity
  • Grant quick access to information


You have access to a wide variety of applications:

  • CRM
  • eCommerce
  • Manufacturing
  • Accounting
  • and 4500 more

Trusted Software

Odoo is trusted by companies such as Toyota, the World Wildlife Foundation and the Portuguese Government.

Awards

Odoo has received various awards, winning the Bossie Awards for the Best Open Source Solution three times among others.

User Resources

Odoo has many resources to help new users to configure and manage the different applications, with user documentation, video tutorials , and presentations.

Global

Odoo has 5 million users around the world . From startups with one user, to large companies with over 300 000 users.


A unique value proposition

Everything you need with a top-notch user experience.

Our family of apps work seamlessly together - giving you the ability to automate and track everything you do - centralized, online, and accessible from anywhere with any device.

The open-source development model of Odoo has allowed us to leverage thousands of developers and business experts to build the world's largest ecosystem of fully integrated business apps.

With a modern and elegant technical design, Odoo's framework is unique. It allows us and our community developers to provide top-notch usability that scales across all apps.

Usability improvements made to Odoo will be automatically applied to all of our integrated apps.

Finally, with regular annual releases, Odoo evolves much faster than any other solution.


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Odoo supports and promotes growth of your organization. Creating and managing the growth is at your fingertips with Odoo ERP. Contact us for a demonstration of what Odoo can do for your organization!!

Contact Synconics for ERP Implementation, Digital Transformation, Counter Supervision of ERP and permanent partner for ERP Support.


Want to speak to us about Odoo ERP?
Drop us a mail on: contact@synconics.com
Skype: synconics.technologies

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