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How Odoo Implementation Streamlines Sales & Revenue
Posted: Sep 04, 2020
Out of so many ERP software options available, Odoo implementation has proved to streamline sales and ROI of a business in the fastest way. Here’s what you Odoo ERP implementation offers to a business when it comes to sales and revenue generation.
ERP or Enterprise Resource Planning Software is the integrated business management software solution that collects, integrates, and manages data in real-time, thereby automating and streamlining business operations.
The sales module or ERP or specifically the sales module of Odoo ERP helps to automate and manage different sales functions of a business, like placing orders, preparing for invoices, shipping, order scheduling, and more. Overall, the module helps in proper sales management to meet business goals.
To give you a better idea about how Odoo implementation boosts sales and revenue, here are some Odoo sales features listed out for you.
Managing Sales:Odoo ERP helps to categorise and manage sales orders following a hierarchical system and a well-structured manner. With the sales module of the ERP, you can also create multiple new orders and can review the existing or pending orders at the same time with ease.
Customer Relationship Management:Odoo ERP has a separate CRM or customer relationship module, which helps in easy management of the customer services. Answering or responding to customer queries is much simpler and faster now with the ERP and its module. With this module, you can also manage and automate many more activities like identification of permanent customers, sending notifications to the customers, prioritising the customer-related activities, and streamlining communications.
Easy Warehouse Management:Odoo ERP supports more than one warehouse management at a time including different stock location systems. With this ERP, you can easily determine the stock availability of every outbound and inbound warehouse.
POS or Point of Sale:Odoo ERP optimises Point of Sale or the POS management for SMEs and enterprises, which include activities like cash registration, inventories, invoice preparation, etc.
Automated Purchase Management:With this ERP software, monitoring quotations and converting them into purchase orders is much easier than the other ERP solutions available.
Improves Manufacturing:The advanced version of Odoo ERP streamlines the manufacturing process. It also helps with easy planning of the manufacturing process, speeding up the production level at the same time.
Now, comes the question, how Odoo ERP helps to solve the different business challenges? Generates More Leads:Odoo ERP is open source in nature and allows easy access to the codes and modules. It also helps you to create a website right from its scratch. Odoo 13’s website builder feature provides a range of options like changing font sizes, colours, etc., of the websites. Apart from this, the most recent version of Odoo that is version 13 also comes with a few improved sales features like drag-and-drop, call-to-action-buttons, and more. All these features together bring more leads and proposals for Odoo ERP implementation projects.
Project Management:With Odoo ERP, managing multiple projects at a time has gone much easier and more efficient. Now, you can easily keep tracking the projects to stay updated with the current status of it. You can even categorise the project tasks into different sub-tasks and then assign them to the employees. Again, Odoo ERP calendar helps in tracking the stringent deadlines as well.
Automates Tasks:Odoo ERP automates all the tedious manual tasks of a business and ensures zero chances of making errors while entering the data. For example, generation of invoices and sales orders get automated. This also speeds up the processes, thereby increasing the production level and saving more time.
A few more points to know:Odoo comes with over 5000 modules for accomplishing various tasks
You can check the sales orders and related details using a single software application now
You can make quick decisions after analysing the sales reports and can even forecast the product demand in the future.
The ERP also helps to track the profit based on sales and production
Odoo ERP continuously gets updated to newer versions. And every new version comes with improved and advanced features to ensure better business management.
Alex Forsyth is an expert in Odoo implementation and is associated with a reliable ERP service provider in Australia, Envertis Software Solutions. The author has written this article to make SMEs and enterprises understand the worth and benefits of integrating this ERP software when it is all about increasing sales and revenue.
Alex Forsyth is one of the expert app developers in Sydney who is working for Envertis, an earmarked Australian company for mobile app development which has been delivering dynamic and revenue-centric apps to businesses.