Advantages and disadvantages of ODOO ERP
Odoo stands for On-Demand Open Object. Oddo is simply the assemblage of applications and modules which are concomitant businesses; such as CRM, Accounting suits, Purchase management, Manufacturing management, HRMS, Sales management, E-Commerce, Warehouse management, etc. All of these modules together are called ER, i.e., Enterprise Resource Planning software. As Odoo is an open source software, along with these modules it has more than 14000 third party Apps and Plugins accessible in its app store. There is an eclipsing number of users of Odoo around the world because it is considered one of the best ERPs for all scales of businesses as it has a flexible approach.
Further in this blog, the advantages and disadvantages of employing OdooERP are elaborated. This is an elucidatory blog that will assist the reader in deciding whether or not to use Odoo ERP. It will also present a fair argument to understand the importance of Odoo ERP for your business.
Advantages of Odoo ERP
1. Overall Features and Pricing
Odoo is a platform specially designed to cater to all types of requirements in a modern business enterprise. It is a cost-effective ERP support system and an API-friendly platform with a broad range of other app integrations such as Whatsapp, Google Maps, Amazon.com, etc. There are three variants that can be employed in your business. The Community plan is extremely popular and widely used, as it dispenses an abundance of features that are helpful to back most of the ERP requirements. The Success Packs are recommended for businesses possessing 50 users and below. The third is recommended for business types with over 50 users.
2. Sales Improvement
Odoo consists of various features to boost the sales processes of a business using electronic signatures in communication, documents, upscaling revenues, etc. Its inbuilt CRM provides assistance to business enterprises for accurate sales forecasts and actionable data for making smart decisions, customisation of dashboard designs to enhance business performance. Tools like CRM and POS are user-friendly and are easy to set up.
3. Integration of Services
These tools are Odoo Project, Helpdesk and Timesheet. It has an ergonomic visual information system which assists in business planning, set up, team performance evaluation and project merits. These can also be deployed to make precise forecasts for operational projects and resource requirements. The project management tools offered by Odoo helps the user to streamline and integrate systems in the workplace, escalate productivity and improve collaboration in a team.
4. Customer Support
Being accessible can win you brownie points with your customer support. Odoo offers various sources of customer services which are accessible and basic. There is usually a limit on available resources but Odoo offers various such resources that are simultaneously available online.
Disadvantages of Odoo ERP
1. Complex set-up structure
Odoo ERP is intricate in structure and may be challenging to build or implement according to your business necessities. Many businesses have faced issues in enforcing Odoo ERP because of its slow installation process.
2. Critical Pricing Plans
Among the common complaints for Odoo is that of high pricing. After using a single module, switching to even one extra application means extra charges, in addition to the $30/month for a single user. As a result, the total tally keeps rising. However, to solve this pricing issue, Odoo has provided pricing plans to select the applications beforehand.
3. Narrow scope of support
Due to limited support servers, Odoo is unable to provide a customer support service that is available at all times for every client. Few clients felt dissatisfied as their issues could not be resolved fast enough. The pricing range of Odoos’ training, too, is considered a tad higher for a small-scale organisation.
With advancements in technology, businesses have to evolve and adapt. Odoo is a platform which covers a business’s overall and unique requirements. It holistically customizes and automates all the business processes. Managing all the business aspects technologically increases its productivity and customer approach. Odoo is a single solution to all the problems of functionality and integration of the business process as it reduces errors, decreases the cost and streamlines the working process. Ultimately, the crucial decision is to choose a software that best compliments your business type.
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