For medium and large businesses, it is imperative that they take advantage of today’s advanced technologies, including ERP software. ERP stands for enterprise resource planning, and when in software form, there are various applications that can be used to effectively capture, store, analyze and use a wide range of business data, including product planning, inventory control, marketing and sales, etc. ERP software is especially advantageous to product development and human resources.
Medium and large companies prefer to use open source ERP because the pograms can easily be customized, and they also provide a cost-efficient way to manage resources. Open source ERP can be scaled and customized to meet a company’s specific needs, whereas commercial systems come with an existing interface that makes it difficult to perform upgrades. It’s also with open source ERP that a company doesn’t have to perform its own upgrades. Instead, it can be fully reliant on the software provider. Gone are the days of having to employ an internal IT team. With open source ERP Odoo, companies can outsource their ERP functions to a team of specialized engineers at a low cost, sometimes for free.
Odoo is also highly modular, meaning you can deploy the program with only a few modules and then add on additional ones as your company grows. It’s also with this open source ERP that you’ll enjoy fast integration, which is paramount in today’s competitive atmosphere. The less downtime that you have to endure, the better, and Odoo takes only a few clicks to get started. You won’t have to worry about having a lack of standardized business processes because all of them can be streamlined with Odoo.
If your company is considering open source ERP, there are major cost savings to be enjoyed. You don’t have to pay for a license to the software, nor do you have to shell out money for software maintenance expenses. Many companies that deploy open source ERP find that programmer fees are very low, and when the ERP uses open source databases, a completely license-free option becomes available.
Organizations that are already using open source ERP state they enjoy the higher quality programs. Open source means that developers and programmers have reviewed and contributed to the coding on an ongoing basis, always making the ERP better. Since commercial systems make it difficult to perform upgrades, open source ERP Odoo comes out on top for having little to no downtime when upgrades have to be made. This advantage means that upgrades can be performed more frequently than with most commercial systems.
It’s important to keep in mind that most open source ERP software programs come in two forms: a standard edition and an enterprise version. The standard edition is open to the entire web community to use for free of charge. The enterprise version is usually rich with advanced features, and it does come at a monthly cost. By first trying out the standard edition, companies can determine whether or not the ERP will satisfy their specific needs. If it does, then perhaps the enterprise version will make for a smart investment.
The Takeaway
If you’re looking for a way to automate and streamline your daily operations, you definitely need to deploy an Open Source ERP solution like Odoo. It can be customized to meet your needs, and as your needs change, the software can be tweaked to grow with your company.
About Author
Author is technology expert at OTS Solutions specialising in open source business solutions for Small & Medium Businesses. Feel free to contact OTS Solutions regarding any open source business solutions like Odoo ERP or vTiger CRM using +1 818 937 4164 OR sales@otssolutions.com