What is meant by ODOO

Odoo is a widely used open-source enterprise resource planning (ERP) system. It used to be called OpenERP. CRM, sales, project management, human resource management, and development are among the applications and modules offered by Odoo. Industry verticals are used to categorise installable and useable business applications. The Open Source method makes it possible for some apps to be given away for free. Because of how Odoo is built and how it works, you can choose from tens of thousands of modules in the market.ERP CLOUD, being an official Odoo ERP software development partner, offers end-to-end services such as customization and other training institutes.

Odoo is a suite of business management software applications. Some of these technologies include CRM, e-commerce, billing, accounting, manufacturing, warehousing, project management, and inventory management.The GNU LGPLv3 lets you use the free Community version, which is licenced under the GNU LGPLv3. The Enterprise edition includes additional features and services that are exclusively accessible to Enterprise customers. Due to Odoo’s adaptable nature, a huge number of freelancers and enterprises may create Odoo Apps and Modules for sale or free distribution. The main Odoo components consist of the framework, about 30 core apps (also known as official modules), and tens of thousands of community modules.

Odoo has been used in university courses. Odoo appears to be a good alternative to proprietary systems for supplementing education, according to a study on experiential learning. Odoo is software that is used throughout a company to manage business processes. Odoo provides Odoo apps, which are business applications that function together. When these applications are used together, they form an ERP system.Odoo is free open-source software that can be bought as a SaaS subscription or as a free Community edition. Odoo’s software comes in two different forms: Odoo Community and Odoo Enterprise.

The Community version is open source, but the Enterprise edition extends the Community edition with commercial features and services.

 

Why was Odoo chosen?

Odoo blends ease of use with a robust feature set for effective business management. The platform, which has a number of useful functions, is used to handle production, sales, warehouse management, transportation, accounting, and reporting.

 A variety of applications allow you to adapt Odoo to match your company’s individual needs and swiftly extend functionality when needed, which is one of the system’s key advantages.Odoo is an open source solution that is updated and improved by hundreds of professionals around the world. The system is always changing, and each new version makes it more reliable, useful, and easy to use.

 

Why do companies pick Odoo

  • It’s a one-stop shop.

Odoo enables you to handle a variety of corporate processes and marketing activities, as well as construct websites, monitor key performance indicators, manage inventory, and increase inter-divisional communication. All of this is accessible through a single user-friendly interface.

  • Add-ons for any situation.

Custom Odoo-based solutions can be built to match the demands of various enterprises. Odoo will be a perfect option for every organisation, from a large manufacturer of everyday consumer goods to an IT firm or a passenger airline.

  • Easy to use.

Odoo has a simple interface and a lot of different features. To teach your staff how to use Odoo, you don’t have to pay for a long and expensive training session. The technology can be used on a mobile device with any operating system.

  • Ownership costs are low.

You don’t have to pay licencing fees to use Odoo because it’s an open source platform. Odoo will help you save a lot of money on your ERP implementation.

 

Features of ODOO

  • The Community and Enterprise Editions are also available.

Odoo Community and Enterprise Editions are available for a little charge or for free. Odoo’s Community edition is free to use. Enterprise Edition, on the other hand, is a licensed version that may be implemented with the help of Odoo Partners. Odoo Community is free to use. It’s the most cost-effective ERP system for small enterprises.

  • Flexibility

Odoo ERP can be changed more than most other ERP systems. With the help of an Odoo Developer, it’s easy to make changes to this app. A programmer can quickly and easily change how Odoo’s tools work by looking at the source code.

  • Scalability

If you’re going to use Odoo, the size of your company isn’t a key consideration. Odoo ERP systems are appropriate for small, medium, and large businesses. Because Odoo is a cost-effective solution, businesses may choose how much to spend by selecting the features they need. Odoo may aid the seamless operation of organisations of all kinds, from start-ups to large multinationals.

  • Support for Simple Integration

Do you want to improve the performance of your app by combining some of the features of different software? Then Odoo is your best bet. This is because Odoo lets you not only combine Odoo modules, but also combine Odoo apps with third-party applications to make your tool work better.

  • Industry Specific

Odoo ERP tools are trusted by many industries because they can be customised for each industry. The modules can be put together in a way that makes sense for the industry. Wholesale and retail enterprises, hospitals and hotels, the construction and education sectors, and every other industry in the globe utilise this application.

  • Ample Opportunities

Because Odoo is a community-supported ERP, Odoo partners and community members are frequently contributing to the ERP’s development. Clients can choose from over 10,000 apps in Odoo’s App Store. The best part about Odoo is that we install 12 new apps every day.

  • Interface that is easy to use

Odoo has the greatest user interface with a lot of customization options. Users can download themes and templates to make the site more user-friendly. Reports and facts can be shown graphically, in a list, or in a pivot view in Odoo ERP, allowing users to get a quick overview of the information. The perspectives are meant to assist even the most inexperienced user in getting the most out of the tool.

  • Odoo Partners is a company founded by Odoo.

Odoo installations may be completed with direct support from Odoo SA or with aid from Odoo Partners. A premium Odoo partner is a business that provides premium Odoo services. Working with a certified Odoo partner who has received Odoo training is always beneficial to the customer.

The Odoo Enterprise source code is available to all Odoo partners, including Bassam Infotech. The Odoo partner has direct access to the Odoo team, which makes it much easier to set up Odoo, customise it, and move data.

Customization options are endless.

Not all software can properly support an organization’s complicated business operations. Occasionally, a unique, individualised adaption or solution is required. Odoo allows you to personalise practically everything. Odoo’s backend is a sophisticated development platform that can be used to create and manage customised solutions for any company operation.

  • Astonishing User Interface

Any business software’s user interface has an impact on how smoothly corporate operations interact. Quick information transmission, ease of use, and a user-friendly design are all vital. Odoo’s user interface is simple to use and attractive, but it does more than merely satisfy business requirements.It also lets business owners improve the way their business processes are managed.

  • The Price-Performance Ratio is a measure of how well a product costs compared to

When deploying new software, extra expenditures frequently appear. Small and medium-sized businesses, in particular, are plagued by blanket licence agreements that allow no room for customisation. Transparent and needs-based choices like the Odoo enterprise contract can help here. Costs are incurred only for features that are actually used with Odoo Enterprise.

Advantages of ODOO

  • Integration of Multiple Modules

Odoo, as we’ve already said, is made up of more than 35 modules that are important parts of any business. Here is a selection of Odoo modules that might assist your company in many ways. Odoo ERP combines all components, including accounting, human resources, inventory, manufacturing, and logistics, allowing users to conveniently trace items from beginning to end.

  • Client Service

The sole difference between excellent and terrible customer service is how simple it is to contact them. Customers may seek support from Odoo in a variety of methods that are simple to utilise. Odoo has a lot of documentation and discussion threads available online, which is unusual for software. This is an excellent place to begin for a newbie.

  • Nature’s Completeness

Odoo has a diverse set of features that assist businesses in meeting their business objectives. Odoo is divided into two parts: Enterprise and Community Editions, with Enterprise being the more expensive option and Community being free. If you want to purchase Odoo, you can start with the Community Edition and subsequently upgrade to the Enterprise Edition.

  • Pricing

Odoo began as a small ERP in 2005 and is now regarded as an ERP for SMEs and startups. If you’ve been looking for ERP prices, you’ve probably realised that the majority of ERPs are pricey, with additional pricing options for add-on capabilities. Because Odoo is an open-source ERP, it is easy to add to your environment. The best thing about Odoo is that it doesn’t have a set price; you can use it on a pay-per-use basis. If you want to use Odoo for e-commerce, you can only buy e-commerce modules.

  • Adaptable Building Design

Odoo allows for end-to-end user customization without requiring extensive coding or structural changes. Other ERPs provide very little room for user customisation. Users can quickly change the architecture of Odoo with the use of Odoo’s sophisticated Apps and Themes.

  • Increased Sales

Odoo has a number of capabilities that can help a business improve its sales processes by utilising electronic signatures in communications, documents, and revenue scaling, among other things. Its built-in CRM helps businesses with accurate sales projections and actionable data for smart decision-making, as well as customising dashboard designs to boost business performance. CRM and point-of-sale systems are simple to set up and utilise.

Disadvantages of ODOO

  • ERP

Odoo’s difficult set-up structure is one of the system’s key drawbacks. It may be difficult to implement in your organisation for the first time. We noted that due to the delayed installation structure, some businesses found it difficult to deploy in their environment.

  • Troubleshooting

Some clients told us that they needed a high degree of IT help to run the community edition of Odoo, which they couldn’t afford because they were just starting out.

  • Only a little help

Odoo doesn’t have enough resources to provide seamless customer service to all of its clients, even though it has many ways to get help. Several clients are unhappy because their problems were not fixed the first time they came up. A small business also has to pay a little more for Odoo training.

  • Set-up that is complicated

Odoo ERP’s structure is complicated, which can make it hard to build or use in a way that fits your company’s needs. Odoo ERP’s installation process is slow, so many companies have had trouble putting it to use.

  • Maintenance might be difficult.

Some of our current clients have informed us that the Community edition of Odoo, which is the free solution, can be difficult to maintain and requires a high level of IT skills to effectively run. If your company lacks the essential IT expertise, you may need to contact an Odoo partner for assistance.

  • Backward Compatibility

When creating an ERP platform, this is one of the most important factors to consider, and competitors such as SAP have always prioritised backward compatibility. However, Odoo’s design lacks this functionality, which is a disadvantage.

  • Bugs

The best ERP systems have few, if any, bugs. To make this possible, they repeat the resolving procedure at regular intervals. Odoo, on the other hand, is not as fine-tuned in this sense as it is a newcomer to the market.

  • More advanced editing software is required.

Odoo 15 Studio demands more complete editing tools as a result of its customization, giving the impression that it is used with in-depth comprehensive editing capabilities to advanced or techy professionals. With that, we’ve reached the end of this blog’s attempt to give you a broad understanding of why ERP is used in businesses and the most important things to think about when investing in ERP software for your business. There is also a list of the pros and cons of using Odoo 15 Studio in your business apps.

  • Issues with recess that occur on a regular basis

          Odoo 15 Studio cannot be utilised in fast-paced commercial environments, such as call centres, because it lags in transmitting commands. In such instances, it recurs recess compliances.

 

Customization Services for ODOO

  • Customization

In unavoidable circumstances, we do Odoo customizations based on the need. We guarantee that customization will be based on best practises and will not have an impact on the core Odoo ERP modules. We prefer simple customization strategies that don’t interfere with the business process the majority of the titime.

  • Implementation

The Right Way To Go For A Successful Business Is To Implement Odoo ERP, And It Has To Be Done On Time And On Budget. The Execution Partner You Choose For Your Company Is Almost Certainly Dependant On A Successful ERP Implementation.

  • Migration

As an Odoo Migration Service Provider, we help our clients and their businesses make big changes by using our skilled functional and technical Odoo consultants. Odoo Modules that have been changed and the most recent and popular Odoo Renditions are also available. We take extreme care with the end-to-end migration process, ensuring a flawless data transfer system.

  • Integration

Infotech is one of the best Odoo integration service providers. They help you set up consistent integrations that make all of your system’s operations run more smoothly and automatically. Make sure you take care of all your business needs in a timely and effective way. To ensure you may manage your business more easily inside a single platform, including as installation entryways, web-based media platforms, and so on.

 

What Does Odoo Cost?

Odoo price plans are determined by the number of users and Odoo apps chosen for commercial purposes. Odoo software for business administration has basic SaaS pricing that starts at $35 per month for 1 person annually or $28 per month before apps, with new customer discounts. Additional fees apply to functional business systems such as ERP and CRM, as well as Partner implementation services. Odoo ERP’s Odoo Community Edition is a free version. Odoo ERP is a free, open-source system that can be downloaded from Odoo GitHub

 

As a result, there are a few key points to keep in mind:

  • It’s open source, for starters.

There is no one-time fee and there are no ongoing expenses. It’s one of the most effective ERP systems available.

  • Customization: 

Do you require any special features? With the assistance of an Odoo developer, you may accomplish this.

  • Scalable:

No matter how big or small your company or organisation is, Odoo can handle it.

  • Custom Readymade Apps: 

The Odoo Apps Store contains over 14000 ready-made applications that anyone can use.

  • Global Help: 

The Odoo forum and email lists provide responsive support.

  • Proven Product:

Odoo is used by over 3 million people to help them expand their businesses. Toyota, Hyundai, and PCI are just a few examples.

  • User-Friendly: 

We have the option of using the normal Odoo UI, which is quite user-friendly, or downloading one of the available themes. With our own ideas, we can also design new themes.

  • Technology-aware: 

Odoo receives regular updates and upgrades to keep up with the newest technology developments. Odoo V10 and V11 are the most recent Odoo versions.

  • Highly Modular: 

You don’t have to install Odoo on your computer. You can download and install different application modules based on what your business needs. Odoo ERP for POS and Accounting, for example.

  • Industry-Specific Modules: 

Odoo Apps offers a variety of industry-specific modules, like car workshops, vehicle rental management systems, hotel management, clinic administration, beauty spa management, and more.

  • Easy Integration with Third-Party Services: 

Odoo may be easily integrated with any other third-party service providers, such as SMS, social media, shopping sites, and so on.

Different ODOO Apps 

  • Odoo CRM 

Odoo crm is a customer relationship management solution that is accessible online. The goal of ODOO CRM is to collect leads, and it goes without saying that CRM is an important part of any custom setup.

  • Odoo POS stands for Odoo Point of Sale.

When it comes to managing your shops, restaurants, accounting, and sales, Odoo Point Of Sale (POS) is an all-in-one excellent solution. It offers a simple UI that works on tablets, computers, and other devices.

  • Sales with Odoo

One of Odoo’s standout applications is the Odoo Sales Management module. You can manage your complete sales team from a single screen with Sales Management.

  • Accounting using Odoo

Odoo Accounting is a cutting-edge accounting software that accurately tracks your accounting and finances .

  • Subscription for Odoo

Managing subscription-based services or products is much easier with Odoo Subscription, and you can also analyse future demand for your product, turning it into a big source of money for your company.

  • Invoicing through Odoo

Odoo invoicing lets you turn bids into invoices, manage contracts, make recurring invoices, charge timesheets, accept online payments, and more.

  • Odoo Manufacturing is a company that manufactures software.

End users can utilise Odoo Manufacturing to make product manufacturing orders, pass them through various phases of a production line, and finalise production.

  • Odoo Help

Odoo ERP provides the greatest Document Management module at an affordable price that will immediately boost your business’ efficiency.

  • Odoo Shopify connector

Odoo Shopify Connector is a tool that allows you to connect your Odoo account

Odoo Connector is a sophisticated framework for creating a bi-directional Odoo-to-any-other-service or-software connector.

  • MRP Odoo

Using work centres and other routing principles, Odoo MRP may modify your manufacturing processes to comply with your company’s specific business operations.

  • Odoo PLM (Project Lifecycle Management)

The Odoo PLM feature may be used to manage all product data, keep track of BOM revisions, and track product lifecycles via engineering change orders and product files.

Odoo businesses in India

Trade, hotel and restaurant services, transportation, storage and communication, financial, healthcare, property investment, business services, community, social, and personal services, and construction services are all part of India’s services industry. India is a major software & ERP services exporter. India’s economic growth is mostly driven by the services sector. As a result, adopting erp program for each company sector will not only boost the efficiency of that firm, but will also assist in the gathering of many essential stones for the country’s development.

In developing countries like India, there are a lot of small and medium-sized businesses, thus having a good system in place to ensure that the business process runs smoothly will be beneficial to the country’s development.