ERP

How will your business benefit from using ERP?

• Enhanced productivity
• Simplify the functionality
• Improvement
• Better insights
• Lower the risk

Things to consider before selecting an ERP system

• A single version, consistent and sharable database should be used in ERP.
• The deployment process can be on cloud, or hybrid (preferably)
• It should have in-built data analytical tools for better insights.
• Presentation of data on the screen, i.e., Data visualisation should be good for faster decision-making activities.
• Seamless integration of other business software and third-party apps should be allowed.

A brief about SAP-based ERP

System Application and Process, commonly known as SAP is the most popular ERP software.There can be multiple reasons for adopting SAP ERP. This industry-leading technology will provide you flexibility, and cloud security management and it can be proven as a solution for all your problems. Some of its key features are:

• Real-time data processing:
  SAP allows you to analyse real-time data, which is a must in any industry.
• Standard Software:
  SAP requires only a single software for its installation. Although the customization can be done to it as per the requirement.
• Integration:
  SAP allows integration with several other business modules and applications. It also allows third-party extensions.

Advantages of using SAP-based ERP system:

• No redundancy of data

• Standardised business process

• Planning, managing, and tracking are becoming easier now.

• The entire process is now fully automated.

• Reduces the cost by streamlining the entire operation.

SAP is the most used ERP and it is used by Fortune 500 companies. The launch of HANA is a game-changing event for this company, And experts say, as it is the backbone of many companies, hence it is going to have a bright future.

A brief about OODO-based ERP

Oddo, also known as Open-ERP, is one of the leading ERP software in the open source category. Just like any other ERP, it also has several ERP modules such as Sales, Marketing, CRM, Project management, etc. Oddo allows you to extend your system to different other business modules and applications that are available under its flag. Also, Odoo ERP cloud will be responsible for the cloud management and deployment process.

Oddo comes with different versions to cater to business needs. Some of its popular edition includes:

• Odoo Community Edition
  It is a free edition launched by the company and it contains all the general and basic modules and tools that are required for business management.
• Odoo Enterprise Edition
  It is a paid edition launched by the company. It will contain all the basic tools and modules that are covered under the Oddoo community edition. In addition to that, it also contains some other advanced modules that are not available under the free edition such as Warehouse management, advanced counting, inventory management, etc.
• Online oddo
  It is a web-based edition provided by the company. This edition does not allow modification of modules, as per convenience. The user has to stick to the original one only. This can be the best edition for small businesses who just want to access all the basic tools that an ERP has.
• Odoo. sh
  This version of Odoo allows you to modify its modification as per your convenience. But its installation process is a bit difficult and may require technical support. If the business is targeted for some specific function and if specific functionality in the module is required, then this edition can be the best solution.
• OnPremise Odoo
  As the name suggests, this edition does not rely on the Oddo server for its operation. Instead of it, the User’s server can be used. This edition also allows configuring the module as per the business requirement.

Features of ODOO

• Comprehensive
  Oddo provides an ERP solution and it can be targeted to solve all the business problems of every sector ranging from small businesses to large organisations. Hence it can be said that Oddo covers all the business types for providing an effective solution. Its various editions can be used as per the requirement.
• Modular Based ERP
  Oddo provides you a modular-based ERP solution. It means you can add modules and extend the functionality of your system at your convenience. Also, it will save you from unnecessary modules that your business doesn’t require but may be important or some other business.
• Customization
  Being an open source ERP software Oddo under its few editions allows the customization process. It can be customised as per the requirement to meet productivity.
• Low cost
  Oddo is open-source software. It doesn’t require any licence fees. Hence it can be proven as a cost-effective solution, especially for a small business which is having financial constraints.
• Third-Party Integration
  Oddo allows you to integrate your system with various third-party apps, with API keys. Magento integration, eBay integration, and Amazon integration, are some common examples.

In a Nutshell

Oddo is a comprehensive and reliable tool. It is cost-effective too. It also bridges the gap between the core Oddo system with some third-party systems. Hence Oddo can be said to be one of the best tools for providing ERP solutions.