An ERP is an enterprise resource planning system, basically, the way to manage all areas of a company in an integrated way.
Generally, this integrated management is usually automated, updated in real time and digital. In these cases, ERP systems are business management softwares, hosted both in the cloud and on premise.
The ERP system is born from the need to manage all the resources that make up a company in a more monitored and automated way. By having it digitalized, tracking is easier, traceability is not lost and, being in the cloud, allows you to access it from any location.
From this need several management systems were born, among them Odoo. We consider Odoo as ERP because it has modules to manage all branches of a business: accounting, CRM, sales, purchasing, inventory, manufacturing, projects, marketing, human resources and many more.
What are the benefits of using an ERP system?
Being able to manage all resources from a single application instead of having the management of the company scattered in different applications has numerous advantages.
On the one hand, the cost reduction is clearly significant. Being able to centralize all the management in a single application will save you from having several licenses in different systems, since you will have an all-in-one solution.
And not only the direct cost of the licenses of each system, our time also has a price. By not having to switch from one system to another and transferring information, we will have greater efficiency in terms of internal processes.
From Odoo we are aligned with the time savings of processes that are not part of the work, that is why one of the objectives of this ERP is the reduction of the number of clicks in our daily operations.
In addition, having all the information centralized will allow us to have greater control over all the data, the position of the company and to be able to get specific reports and statements to help us in the strategy.
What are the characteristics of an ERP?
- Integrated management
- Digital
- Cloud or on-premise
- Process automation
- Intuitive
- Reporting and statements
- Centralization
How does Odoo manage it?
Odoo is an ERP system available both in the cloud and on-premise, made up of different modules to manage all areas of your business. Divided by areas, Odoo modules are fully integrated with each other to facilitate day-to-day business and reduce management time.
Odoo is designed to fully digitalize your company, allowing the import of all your files both in Excel and CSV. It also has the OCR system for the digitalization of invoices, saving manual work of the accounting team.
Automations in Odoo have been developed to optimize daily procedures, but you also have the freedom to create your own automation rules thanks to the customization tool (Studio) and the marketing automation module.
In addition, within the ERP systems we find the open source typology, as is the case of Odoo. With this type of system, you will have access to the code of the system to be able to take advantage of all the benefits of a professional software, developed for companies, while you can make the necessary customizations and integrations to manage any process.
1 App Free vs Full ERP
Odoo is available in 2 versions, the One App Free version and the full ERP. When using only one application, the database can be used free of charge and with all the functionalities of the chosen application. For example, if you use the accounting module, you will be able to manage all the accounting functions: tax forms, accounting entries, invoicing and electronic invoicing, TicketBAI, reports, etc.
In case you need to manage other aspects, with the standard license you will already have access to all the modules, thus being able to have the complete ERP. In this way, you will have access to all the applications of the system and all the functionalities of the software will be unlocked. For example, control the sales flow from the sales opportunity, the management of the good or service and its invoicing. The advantages of the full ERP include the traceability of operations, the integration of all modules and the scalability of the system, among many others. You will be able to manage all your business operations from the same database.
How to get the most out of it?
An ERP system is a very powerful tool and can be a great ally to boost your business. That is why it is important to have an integrated and intuitive system that is easy to use.
From training, documentation and scalability of the system, Odoo has been developed to be used in the simplest way. In addition to the tools made available, we offer implementation and training services so that you can become an Odoo expert.
What is an ERP?