Enterprise Resource Planning (ERP) is a key tool for managing the scope of business from products, sales, inventory management, order processing, and much more.
With the small scale operation of small businesses, it’s easier to think you don’t need an established ERP strategy.
In reality, however, any enterprise, including the small business, can greatly benefit from ERP.
For small businesses, in particular, ERP helps maintain good customer relationships, including timely resolving customer queries, higher customer satisfaction, and higher retention of clients.
Not sold yet?
In the text below, we shall look at the seven main reasons to choose Odoo ERP for your small business.
1) Transparency
Odoo ERP eliminates the need for re-entering or exporting data, resulting in fewer errors.
This way, it increases the overall productivity of your company and reduces the expenses in human resources.
2) Quick Decision Making
Odoo ERP, like much any high-end management system, offers real-time data updates, making it easier to run your business.
Whether its management, marketing, or accounting, this management software lets you make timely decisions, especially those on a deadline.
3) Increased Productivity
The biggest benefit that all small businesses can enjoy is increased productivity, a crucial aspect for any business’s bottom line.
The system helps transform the various features of your business and helps overcome the challenges involved in your business growth.
4) Scaling of your Business
Odoo was built with the understanding that small businesses have different needs at different times as they evolve.
Various factors, including the size of the business, the scope of operation, and resources all influence the most appropriate system.
Luckily, Odoo is built in the concept of modularity, more like smartphone apps that let you customize your phone.
The functionality of this management software comes from a series of highly integrated applications that can be merged to form an instance tailored to a business’s particular needs.
Sure, for small businesses, the range of functionality might be extensive, but the good news is models can stand independently and be implemented as desired.
And as each module is introduced, it is automatically and fully integrated within the existing modules.
5) Streamlining Data
When your small business swaps ERP software, it’s easy to enjoy streamlined data flow. This is especially true among the fast-growing businesses, which face data discrimination in different departments.
With the ERP software, data is centralized, with everything in one place, so all official data is available to each department.
6) Exceed Collaboration
Implementing ERP for small businesses brings huge changes, especially in the collaboration sector.
See, poor communication and lack of collaboration often stem from employees not having data when needed.
However, when all employees have data access across all departments, then the facilitation of collaboration becomes easier.
7) Reduction in Costs
Odoo ERP system reduces the overall operation costs, and this is because it streamlines data into a single software application.
This way, your business saves money on both the management systems for individual software you previously used for each department.
Takeaway
It’s evident, all businesses, including the small businesses, stand to gain a lot from Odoo ERP.
From increasing productivity and reducing work costs to streamlining the business flow, there’re numerous benefits of incorporating this business management software into your business.