XXI century is nothing but a treasure trove of opportunities. A robust online presence and proper marketing techniques can make a solid ground for every business initiative. As a rule, there are four main components to make any business evolve – product, market, money & people. However, this puzzle doesn’t always come together, as there is one piece lacking, which makes the whole functioning smooth and uninterrupted – a connector.
Without a connecting element, business navigation will not be as streamlined as expected, with all the departments being unsynchronized. One of the best management techniques for small businesses, recognized today, is Odoo ERP, implemented by https://ventor.tech/. It is a cutting-edge tool, which regulates the communication and cooperation between all the systems of the company. In case you are looking for solutions to keep tabs on the company’s performance, have a look at all the benefits Odoo can provide you with.
Odoo is an open enterprise resource planning (ERP) software, which offers full-fledged control over all the company’s systems and life cycles. Odoo is a choice of million users worldwide including startups and large enterprises. It is a multi-module system, with more than 30 modules being available and on-demand for various business needs. Among the most appealing features of the Odoo ERP are
- All-in-one solution for various functions,
- Global coverage and support,
- Ready-to-use applications,
- Competitive cost of implementation.
The benefits of the Odoo system for small businesses
1. Highly-productive performance
One of the core business values is efficiency regarding time and money. However, when there is no single system of communication within the company, the whole idea of efficiency is rather doubtful. The data can be processed from department to department, wasting time till it reaches its final destination, and consequently, costing you money. With Odoo being implemented, information transition will be done instantly, as the whole company will be a unified system, where access to information gets everyone involves.
2. Data Transparency
When the data is transported and re-entered a few times by various departments, there is a high risk of mistakes, as the human aspect is an unavoidable part of the business. Unless everything is checked a few times, it can lead to detrimental delays in the following stages. Yet again, it takes time and additional human resources and expenditures.
With Odoo, the performance suddenly becomes faster and easier, without the loss of data and chances for mistakes. Besides, all the in-house activities are visible to others, as every member of a company has access to a system, which sets a higher level of trust within the working environment.
3. Agility of performance
The business world is experiencing unseen growth, backed up by the usage of global networks. It is crucial to be vigilant about changes in all the spheres related to one’s business – management, marketing, accounting, production, etc. When the whole company is coordinated by one system, it is easier to anticipate losses, meet deadlines, detects potential issues and make real-time decisions. Simply saying, Odoo ERP helps to notch up the synchronization of all the processes, providing more efficiency to the overall performance.
4. Improved ‘in-house’ communication
The productivity of a company’s performance relies heavily on the dynamic and constructive exchange of information and thoughts between the workers. However, due to some personal issues or characteristics, employees aren’t always willing to share the whole volume of data, or simply forget about vital things. Poor communication leads to poor collaboration, and thus, deteriorates the company’s performance.
While the company management is trying to find ways to improve its functioning, changing the approaches, and implementing new techniques, the core of the problem is just the lack of communication.
The whole environment might change though, with the implementation of Odoo. As long as every employee, in spite of the level, has access to the system, they can see the big picture and deepen their understanding of the situation.
5. Highly-customizable framework
Businesses are all different in terms of structure, work performance, and needs. Given the fact that Odoo is a system of modules, it can easily be adjusted to the needs of the company, bringing in no deadweight functions and applications.
6. Affordable solution
Odoo is not the one and only ERP system offered on the market, yet it certainly is the top choice when considering the price-quality ratio. Small and medium businesses often go through shaky financial situations, when every penny counts. Therefore, the implementation of some widely-used ERP systems may not be of the top priority due to their cost.
Odoo, however, is different, which is proven by 7 000 000 users worldwide. Even when having a basic functional set, you can organize the whole chain of control and performance management. Besides, the modules-like system is an efficient solution as well, as you get to choose the ones that you require, without extra expenditure for the whole package.
The bottom line
Small businesses have a lot of opportunities for development nowadays, having unlimited influence worldwide. Even with quite a few financial constraints, they can manage to survive the competition and develop into a medium-sized company with a steady income. However, such a breakthrough can be reached by a properly organized system of management and control. When implementing the Odoo ERP, the company gets a unified system of cooperation with a single interface, where every employee gets access to the information they require, and thus, the workflow is performed smoothly.