Odoo is an all-in-one business management software!
and offers a wide range of business applications that form a complete suite of enterprise management applications for companies of any size. Business software including CRM, Website/e-Commerce, billing, accounting, manufacturing, warehouse, project management, inventory, human resource and many more.
Odoo is delivered in two major versions: Odoo Community and Odoo Enterprise . The Community version is the open source version while the Enterprise version supplements the Community edition with many more commercial features and services. The Source code for the Open Object framework and core ERP (enterprise resource planning) modules is curated by the Belgium-based Odoo S.A.
What is Odoo and Why Odoo?
Odoo is 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”. Major facts that turn Odoo to be first choice of many businesses are:
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.
p.s. Anyway, you will need to arrange hosting, setup and deal with security, upgrades and be responsible for your customizations or the one obtained by 3rd party vendors, therefore we highly recommend using Odoo Enterprise with free cloud hosting or for Odoo.sh hosting suitable for customizations and installing applications form 3rd party partners.
Odoo implementation methodology is brilliant and gives a proven track to your success of your solution. ROI analysis ensures you that not only that Odoo will do the job, but also will present a clear value added to your business run with Odoo. In most of cases standard functionality with Studio customization app will cover 80% of your business needs, leaving space for maximum of 20% customization via development/coding. Project leader will ensure that your implementation project will deliver solution covering all business flows and 80% of the expected features in a few weeks, not months! This lowers the cost of implementation and more importantly it incentivizes smaller organizations to implement Odoo at an earlier stage and later add additional modules when required by business.
Odoo Online hosting is the SaaS (Software as a Service) type. It allows you to access your Odoo database from the cloud. Through a web browser, you simply need to connect to odoo.com with your credentials and you can access your database. With this type of hosting, you have no responsibility to maintain your database as everything is managed by Odoo.
Odoo On-Premise hosting is "local". You need to download the software and install it, either on your computer or on your server. With this type of implementation you are responsible for everything related to the running of the software. You must purchase the network infrastructure, power, servers, operating system, etc. You also need to maintain all necessary infrastructures to keep it running, safe, and up to date. The On-Premise hosting gives you full control and autonomy of your installation. You do need to have fairly advanced technical knowledge in order to successfully implement and maintain this kind of hosting.
Odoo also offer a PaaS (Platform as a Service), Odoo.sh, which is a mix between the two hosting types mentioned above. It allows you to create your cloud-based database whilst having custom developments or third-party apps installed.
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. Odoo is an open source software, it can be scaled up to accommodate new users with close to zero cost. Funds can therefore be directed towards effective customization and implementation.
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. Odoo can be customized in 3 different manners - in 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.
One database for your business. Data is also kept consistent and up-to-date facilitating a dynamic organization. This ensures better:
Odoo makes reporting easier and more customizable. With its built-in 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.
Flexible and Comprehensive
With Odoo you benefit high level of integration with your organization which mandates that the software is 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. Odoo is just this!
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.
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 streamlines business processes, automating repetitive processes & reducing the need for manual data entry. Processes like approvals, requests, queries can be processed faster and with high accuracy.
An app for every your business need
Odoo Website Apps
Includes website builder, ecommerce, blogs, forum, eLearning, live chat - most of them are free!
Odoo Sales Apps
Odoo sales apps include CRM, Sales, Point of Sale, Subscriptions, Rental
Odoo Finance Apps
Odoo Finance apps include Accounting, Invoicing, Expenses, Documents, Sign
Odoo Inventory & Odoo Manufacturing Apps
Odoo Inventory & Manufacturing apps include Inventory, Manufacturing (MRP), Product Lifecycle Management (PLM), Purchase, Maintenance, Quality
Odoo Human Resources (HR) Apps
Odoo Human Resources includes Employees, Recruitment, Time Off, Appraisals, Referrals, Fleet
Odoo Marketing Apps
Odoo Marketing includes Marketing Automation, Email Marketing, SMS Marketing, Social Marketing, Events, Surveys
Odoo Services Apps
Odoo Services includes Project Management, Timesheet, Field Service Management, Helpdesk, Planning, Appointments
Odoo Productivity Apps
Odoo Productivity consists of Discuss, Approvals, Internet of Things (IoT), Voice over IP (VoIP)
Odoo Customization Tool
With Odoo Studio you can customize your Odoo applications or create your own App with zero to minimal coding experience required. These customizations are covered and supported - which is true value for your future new versions and total cost of ownership (TCO).