ERP software program program, along with Odoo ERP, is necessary for enterprise administration on account of it unifies what would in some other case be siloed packages requiring duplicate information information entry proper right into a single database.
ERP software program program is designed with core accounting software program program and non-obligatory modules for enterprise course of efficiency all by your group. With an ERP system, role-authorized workers members and administration can view the similar information with real-time dashboards.
What’s Odoo ERP?
Odoo ERP is an open-source enterprise helpful useful resource planning system, consisting of apps with quite a lot of enterprise course of efficiency. Odoo is a Belgian agency with 12 million software program program clients that moreover supplies a free Odoo Group mannequin.
Which Sorts of Corporations Use Odoo?
Corporations in all industries and dimension ranges use Odoo ERP software program program and its CRM, although most of its software program program client prospects are small and mid-sized companies. The Odoo purchaser base is worldwide, with most clients based in america and Europe.
Which Industries are Biggest Suited to Odoo ERP?
Although Odoo serves quite a lot of industries, along with manufacturing, constructing, healthcare corporations, and nonprofit organizations, the Odoo ERP system is used extensively by IT corporations, software program program companies, and eCommerce companies.
Odoo Pricing
Odoo pricing incorporates commonplace Odoo SaaS pricing plans or using the free Odoo Group open-source mannequin, implementation corporations, further web internet hosting costs for Odoo.sh, if related, and costs for third-party add-on apps, along with AP automation.
Odoo Pricing Plans
Odoo’s three pricing plans are:
- One App Free
- US$0, only one app with limitless clients, with Odoo On-line deployment
- Commonplace
- US$31.10 per client month-to-month, all apps, with Odoo On-line deployment
- Custom-made
- US$46.70 per client month-to-month, all apps with a choice of deployment using Odoo On-line, Odoo.sh (Platform as a Service, PaaS, with further web internet hosting worth), or On-premise
Odoo would possibly present 12-month reductions from these commonplace SaaS pricing prices for the preliminary clients ordered.
The free Community open source risk for Odoo is in the marketplace through GitHub and Odoo.com. With this free Odoo Community mannequin, you could mix some free apps and add-on third-party apps for an additional worth.
Implementation Suppliers for Odoo ERP
Odoo recommends using software program program implementation services with utterly completely different worth ranges relying in your agency’s dimension and desires. For small corporations with beneath 50 staff, Odoo recommends using its Success Packs, which help them acquire a 98% implementation success charge. For companies with larger than 50 staff (mid-size and large), Odoo recommends that they work with an Odoo partner providing implementation corporations.
Odoo Core Choices
Odoo ERP modules and the Odoo CRM module core choices embrace:
- Accounting, Invoicing, Payments, and Dashboard
- Paperwork, Sign, and Studio devices
- Shopping for, Inventory, and Manufacturing
- CRM, Product sales, eCommerce, Stage of Sale, Subscriptions, Rental, and Helpdesk
- Problem, Scheduling, Plan, Timesheet, and Topic Service Administration
- HR and Speak about for collaboration
- Website online, Social Promoting, E-mail Promoting, and Info
Accounting, Invoicing, Payments, and Dashboard
Odoo Accounting lets your group report transactions in subsidiary ledgers and the general ledger and put collectively financial statements with utterly completely different worldwide pre-configured nation requirements. The Invoicing module lets you put collectively purchaser invoices for billing, along with recurring invoices. Odoo Payments is for processing employee expense reports for reimbursement, which are submitted using mobile phone receipt photos. An actual-time dashboard lets you deal with agency results in real-time.
Paperwork and Devices
Some Odoo modules are for paperwork and devices, along with a centralized paperwork repository, doc signing software program program, and Studio devices for straightforward drag-and-drop, no-code, Odoo app customization.
Shopping for, Inventory, and Manufacturing
The Odoo Shopping for module lets you put collectively alternate RFQs to accumulate aggressive bids inside the procurement course of, put collectively purchase orders and purchase agreements, along with blanket POs, acquire gadgets, and create vendor funds built-in with the Accounting module for charge standing. It moreover lets you create custom-made tips and replenishment methods.
The Odoo Inventory module works with the Shopping for module for doing stock replenishments and monitoring inventory by location. Precise-time warehouse administration incorporates serial numbers, tons, packaging, cycle counting, and KPIs.
Contained in the Odoo Manufacturing class of unified modules, producers get MRP (supplies requirements planning), MES (manufacturing execution system), PLM (product lifecycle administration), Prime quality, Retailer Floor, and Repairs efficiency. Producers may also be all in favour of using manufacturing OCR software from Nanonets.
CRM, Product sales-Related Apps, and Helpdesk
Odoo offers a CRM module for monitoring leads and purchaser interactions. Its completely different modules embrace eCommerce, Stage of Sale for bodily outlets, Subscription administration software program program, Leases monitoring software program program, and Helpdesk software program program.
Problem, Scheduling, Plan, Timesheet, and Topic Service Administration
Odoo offers modules for problem administration productiveness, along with employee scheduling and timesheets for hours labored by staff on duties. Odoo moreover supplies a Topic Service Administration module for monitoring work on space service duties and integration for invoicing prospects for space service.
HR and Speak about
Odoo has a human property (HR) module and a Speak about module used for communications and collaboration.
Website online, Social Promoting, E-mail Promoting, and Info
Odoo clients have entry to modules for developing a web page, social promoting, and e mail promoting. The Odoo Info module centralizes tutorial property for staff and prospects by topic.
Recommendations on how you can Mix AP Software program program with Odoo ERP
For the correct method to Mix third-party AP automation software program program using accounts payable best practices with Odoo ERP, choose one amongst three methods for each software program program app:
- Odoo API
- Odoo connectors
- Using custom-made software program program code
Odoo’s external API (software program programming interface) lets your group mix third-party apps and devices with Odoo. The API methodology and related information entry are solely obtainable with Odoo’s Custom-made pricing plan.
Contact Nanonets to mix your Odoo ERP with Circulation by Nanonets for AP automation and invoice processing with worldwide funds and AI-powered total expense management.
Biggest Odoo Integrations
Third-party Odoo ERP integrations could be discovered each from the software program program provider or through the Odoo Apps retailer. The Odoo Apps Retailer incorporates connector apps for some widespread software program program along with QuickBooks, Magento (Adobe Commerce), and Salesforce CRM for Odoo integration.
Sooner than shopping for a third-party app, check to see for which Odoo deployments these connectors are supposed. Some will carry out solely with Odoo.sh and On Premise deployments, not Odoo On-line.
QuickBooks
Odoo integrates with QuickBooks On-line or QuickBooks Desktop using the Odoo Quickbooks On-line Connector or Odoo Quickbooks Desktop Connector. With QuickBooks integration, your information will sync with QuickBooks or export to QuickBooks.
Adobe Commerce (beforehand Magento)
Although Magento was acquired by Adobe and rebranded as Adobe Commerce, the Odoo Apps retailer nonetheless lists third-party Magento connectors pretty than Adobe Commerce connectors. With a Magento connector, your on-line enterprise can sync information between Odoo and your group’s eCommerce retailer.
Salesforce
Although Odoo has its private CRM app for purchaser relationship administration, Odoo moreover integrates with market-leading CRM software program program from Salesforce. The Odoo Apps retailer encompasses a various of third-party Salesforce Connector apps.
Conclusion
Odoo clients can full all kinds of unified enterprise processes with Odoo ERP and choose to utilize each Odoo CRM or Salesforce. Third-party add-on software program program supplies price to Odoo ERP by rising the efficiency not included by Odoo in its ERP modules and syncing information between functions.
Whereas you choose a third-party software program program integration, think about the software program program provider’s financial energy as a provide of stability to your software program program reply. Financial energy may even permit the third-party software program program provider to introduce product enhancements which will enhance the usefulness and capabilities of its software program program. Nanonets is a well-financed, venture-backed agency with financing provided by renowned merchants.
Nanonets AP automation software program program with appropriate OCR may very well be built-in with any ERP system or accounting software program program, along with Odoo ERP, and with any software program. Contact Nanonets to request a demo and get particulars on the correct method to mix Flow by Nanonets alongside along with your Odoo ERP system.
