June 2, 2021 Blog, Toronto, Canada

Industries That Are Moving Towards Odoo

Today we are going to talk about the industries that are moving towards Odoo. Odoo is one of the most sought-after ERPs in the world. The Odoo team has developed 30 core applications, which are regularly expanded. In addition, the Odoo community of over 1,700 active members has provided over 16,000 applications to meet a wide range of business needs.

Odoo is the most frequently installed commercial software in the world. It is used by over 5,000,000 users worldwide, from startups (with 1+ users) to large companies (300,000+ users).

Industries That Are Moving Towards Odoo

In just a couple of years of its existence, Odoo has covered almost all industries. Many have already noted the success stories of Odoo in the largest industries, such as:

The intuitive and straightforward user manual allows the user to learn the program smoothly and gradually. Adaptability and full integration cover the needs of even the most complex companies. The flexibility of Odoo is such that as the company grows, applications can be added one at a time, as user needs evolve and the company’s customer base grows.

Through the open source community, Odoo is actively supported by a large developer base to meet growing customer needs and deliver innovative new applications. The share of customers switching to the Odoo platform is very high and is increasing every day. The obvious common reasons for these industries moving to Odoo are pretty straightforward:

  • The important reason is that it is open source, anyone can improve Odoo by customizing it according to his business needs, country standards, and government policies.
  • They don’t need to deal with different software to satisfy the progress and analysis of different departments of their business, because Odoo provides everything in one solution.
  • There are thousands of Odoo partners who provide Odoo services, which is a very big achievement for this ERP. The software is also available worldwide.

There have been many improvements made in version 13 and version 14 will be launching very soon this October with some fantastic features that can help many Odoo customers reduce their cost and time to set up.

Many features are only available for the enterprise edition. But there are many new features to be introduced for the community version as well, and on top of that, there are thousands of apps available for free that fill the gaps in Odoo well.

3 Reasons Leading Industries Are Switching to Odoo

Enterprise and resource planning software is what drives the business operations of companies around the world today. Currently, the main business operations are multinational, national, small shops, retail, and service industries that use ERP to perform management operations as well as to operate their business. ERP usage has skyrocketed from previous years’ charts as the software delivers high productivity and profitability to organizations.

So why are large industries choosing ERP management systems like Odoo? The main reason is that ERPs provide companies with various business and operations management functions in order to provide reliable, efficient, and cost-effective operations suitable for users.

There are various ERPs available on the market, but among them, Odoo ERP tops the charts in terms of user numbers. However, how has Odoo, the ERP management software developed over the past decade, gained attention and so many users around the world?

The question may be relevant for a person who is not yet familiar with the Odoo platform. However, someone who has worked and used Odoo for a long time will be surprised by this question. Moreover, with Odoo, nothing is impossible in business management. One of the key aspects of this is customization, which allows the platform user to flexibly customize the software operations to suit and adapt to the company’s operational standards.

Next are the more profound reasons why many industries are switching to Odoo.

#1 Business Management Simplifying

The Odoo platform has a methodology for performing company operations in a simplified approach that will help the user to perform operations more reliably and efficiently. Furthermore, Odoo’s module-based design provided the user with specific applications such as sales, purchasing, manufacturing, accounting, inventory, HR, and many others to simplify and provide the user with a separate approach to operations.

#2 A Modernized Approach

Outdated technologies and the incapability to apply modern terminology and strategy to business management operations is what is holding back the growth of a company. Odoo ERP offers a modular approach that allows the user to manage business operations more efficiently and reliably.

Moreover, the described module of operations in Odoo is designed to meet the needs of specific applications that can be useful in the operation of the company. Odoo platform is considered one of the most advanced and modern management software, capable of implementing all modern business operations solutions as well as applications.

#3 Solving Unnoticed Problems

The Odoo platform helps the user to manage the company’s operations: It not only helps the user with the initial benefits but is also useful in the long run. In addition, Odoo helps the user adhere to the double-entry accounting and analytical accounting aspects, which helps the user to manage the financial aspects of transactions more efficiently.

The Odoo platform allows you to optimize inventory turnover rates and measure supply efficiency. Additional features of the accounting module guarantee the receipt of the customer’s payment.

In Conclusion

Odoo is the most versatile ERP to date. Therefore, many enterprises in the world are switching to this platform. There are many reasons for this, and companies from most industries understand that. Nowadays, companies from sectors such as industry, mechanical engineering, education, health care, trade, and e-commerce have switched to Odoo.

The Odoo platform allows users to launch wholesale, retail stores, or even a company’s e-commerce operations from a single platform. In addition, in Odoo, a user can create a company website using a website builder and customize e-commerce websites.

The Point of Sale module helps the user to manage the retail operations of the store. In addition, the centralized inventory, as well as the centralized platform database, are aspects that have taken root in these operations in Odoo.

Finally, if you decide to switch to Odoo, you have a user-friendly and easy-to-understand guide at your disposal, as well as a huge community and numerous Odoo customization and service partners around the world.

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