Get the answers to your Odoo questions with Odoo FAQs and see how Odoo can make your business run better. Many Enterprise Resource Planning (ERP) systems have been around for sometime, yet there is an understanding that ERP systems are like accounting systems. Further to that, many companies believe that if their books are in order there’s no need for an ERP solution.
Here are some Frequently Asked Questions on Odoo and reasons why you need to add Odoo to your ERP shortlist when considering your next ERP software system.
What is Odoo?
Odoo is an ERP software solution for SMEs that integrates all core business functions across your entire company – including financials, sales, customer relationship management, inventory, human resources and operations. Unlike many other small business solutions on the market today, Odoo is a single application, eliminating the need for separate installations and complex integration of multiple modules.
What are the modules of Odoo
Odoo has the following apps / modules:
- CRM
- Invoicing
- Sales
- ECommerce
- Point of Sale
- Accounting
- Inventory
- Project
- Manufacturing
- Quality Control
- Maintenance
- PLM
- Purchase
- TimeSheet
- Email Marketing
- Expenses
- Event Management
- Leaves
- Recruitment
- Appraisal
- Helpdesk
- Marketing Automation
- Documents
What’s the difference between accounting software and ERP system?
An ERP system is much more than an accounting software. An ERP system allows you to manage every aspect of your business from accounting to financials, purchasing, inventory, sales, CRM, project management, HR, operations and more advanced needs of your business.
Is Odoo easy to use?
Yes, Odoo is an extremely easy-to-use ERP solution for smaller businesses. Central to Odoo’s low total cost of ownership is its ease of use. For companies that do not have the time or the resources to embark on an extensive training program, Odoo ERP provides a very effective solution.
Our company is experiencing rapid growth. Will we outgrow Odoo?
Unless your ERP solution is agile and responsive enough to grow with you, it is common for companies to outgrow their business solutions. As your business requirements become more complex and more employees join your team you will see how the sophistication of your internal processes grows. You will find out that Odoo is ready to meet those challenges and grow with you as your business evolves.
As Odoo caters for business into the medium enterprise space, there is a lot of room for your business to grow before you experience any restrictions. More often than not, we would advise you of what your ERP future holds with Odoo and if there are any possible restrictions that may arise in the future, which is extremely rare.
Is Odoo an integrated solution?
This is standard functionality within Odoo and no costly customization is required to get your business functions to talk to each other. When you can integrate all your critical business functions into a single application, you can connect all your employees and business units giving you a 360-degree view of your entire business and increasing controls. This is what Odoo allows you to do.
Is Odoo a reputable solution?
Odoo has millions of ERP users across the globe and draw extensively on this experience to deliver the right solution for your business. Currently Odoo has more than 50000+ successful implementations worldwide, and with that number on the rise is steadily becoming one of the leaders in SME ERP software.
How quickly will is make my money back after implementing Odoo?
The average ROI period our client’s experience is between 18 and 24 months, with some even having enjoyed a full return on the implementation and software costs in under one year.
How do I know what Odoo partner to choose?
Your relationship with your Odoo partner is vital to the overall success of your implementation and can be the difference between your ERP solution’s success and failure.
What is the difference between on premise and cloud hosting?
Implementation of Odoo on-premise means that Odoo would be hosted on your server. This arrangement requires to have server and also the manpower to manage it. For companies who are not able to afford it, can always opt for Cloud hosting as it is a cheaper option.
How long would it take for Odoo to start up and running?
Few parameters like your requirements, sector, additional features, and modules impact the time of implementation. However, we understand the value of your time and aim to complete the setup in 45 to 60 working days. We also offer pre-configured industry specific templates to smaller businesses where the implementation can be completed in less than 30 days.
Is Odoo training offered for all the users?
Yes. Training is provided to all the registered users. We place special importance on the training aspect for the smoother implementation and running of Odoo in the company.
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