Industries That Can Get Benefits From Odoo ERP

Odoo ERP is fit for almost all types of industries including manufacturing firms, retail industries, construction businesses, and more. An expert Odoo functional consultant has listed out the industries to give you a better idea about this.

Every business performs a set of activities every day, that collectively ensure the growth and success of it. Whether it is a manufacturing industry, a retail business, a healthcare centre, or a construction business, all performs some common functions that need a good ERP software to ensure proper data flow and efficient management of the tedious operations.

An Enterprise Resource Planning Software or in short, an ERP like Odoo is the best solution to accomplish these tasks common business tasks like accounting, human resource management, inventory management, warehouse management, invoice creation, project management, customer relationships management, sales management, orders tracking, and more, all under a single dashboard. It is a single software that can be considered as a complete suite of applications for efficient management of all business activities. No matter you are running a manufacturing business, a construction business, a retail shop, or a healthcare centre, if you work with an Odoo Functional Consultant, you can cut down the extra expenses that you would have spent in different software services for managing the operations individually.

Now, if you are confused whether this software will fit your industry vertical and can streamline your business productivity or not then this is the article for you. You can find the checklist of the industries that can use this ERP, below.

Healthcare:

Offering people with optimum healthcare service is the ultimate goal of every healthcare centre. This makes it essential to keep a record and manage detailed information about each and every patient. Here comes the role of Odoo ERP. The ERP not only helps with easy management of patient data but also keeps the record of the medical history of every patient along with their appointment schedules, assigned doctors, billing details, etc. Moreover, ERP stores information like the condition of the patients, and their payment history, which again helps to accelerate their treatment process.

Construction:

If you are running a construction business, you need to perform a number of activities simultaneously to ensure completion of the construction project within the deadline and under a restricted budget. The onsite team must also share all the data with the management team to let them decide based on the given information. These professionals also have to keep a track record of supply and demand for the equipment and building materials used in the project. Any miscommunication and improper collaboration between the offsite and onsite team and any discrepancy in data may result in significant losses.

With ERP software like Odoo, you can integrate all your construction business processes and manage them efficiently. When it comes to a construction business, Odoo ERP also helps to plan a budget after estimating the equipment and labour costs. With Odoo, you can also manage the cost of the raw materials after knowing the current pricing and the quantity required. The contractors can check the status of the project at any point of time and can keep a track record of the inventory in real-time. Another benefit of using Odoo ERP for a construction business is that you can easily manage the construction design invoices and payroll.

Manufacturing:

Odoo ERP is an all-in-one solution to the manufacturing business processes. It keeps tracking the working hours of the employees and evaluates their productivity at the same time. The software also helps to cut down the manufacturing cost by optimising raw materials management.

Apart from this Odoo ERP also efficiently manages the invoice requests, products monitoring, etc., and save a considerable amount of time that can be utilised in other manufacturing tasks.

Retail:

When it comes to a retail business, Odoo ERP software helps to automate and manage functions like inventory management, invoice creation, sales reports, tracking and storing customer data, tracking orders, shipping details management, and more.

Overall, Odoo ERP automates most of the retail business processes and helps to meet the huge demands of the customers. It also helps to track and record the out of stock products so that you get to know the same and restock the products as per the requirements.

Apart from these, Odoo is the perfect fit for educational institutes, trading businesses, accounting firms, textile industries, and a few more. All it ensures is easy transfer of data and a streamlined workflow.

Alex Forsyth is an experienced and highly skilled Odoo Functional Consultant of a reliable ERP service provider in Australia, Envertis Software Solutions. The author has written this article to help these particular industries understand that Odoo is a perfect fit for them when it comes to handling so many different tedious tasks.

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.