What is ERP?

Enterprise Resource Planning


ERP or Enterprise Resource Planning is the management of core business processes such as Accounting, Project Management, Marketing, Manufacturing, Supply Chain, Sales, Human Resources, and more. It is a platform that centralizes all the data & information about the business and its operations.

How does an ERP work?

 

ERP works as a brain of a business. Multiple areas of a business and their processes are connected together, enabling the flow of the data between them.
It combines together various different reports and metrics across all business departments into the same view. With that, it's very easy to see the health of the business, have a full view of what is going on, and how business resources are spent.
Today, ERP systems are critical for many businesses of all sizes and in various industries.

Benefits of ERP system:

  • Streamline your processes. ERP software not only digitizes your company but also helps you set correct processes, streamline them & set clear responsibilities for every business action.
  • Automate your operations. An ERP system saves your time – it automates your daily operations (purchasing, accounting, payroll, recruitment, inventory & sales) and lets you focus on your core business.
  • Business health overview in seconds. Having all data in one place allows you to create reports & charts from all your departments instantly - whether it is sales results, inventory levels or P&L.
  • Deliver better services. Having every business activity under control helps you provide better quality services, support & experience to all your stakeholders (clients, employees, vendors, etc.)

Types of ERP systems:


  • Cloud ERP. You can access this system anytime, from anywhere. The only thing you need is a reliable internet connection.
  • On-premise ERP. Your data are hosted on your own servers & devices so you can have 100% full control of your data.
  • Hybrid ERP. Combines both cloud & on-premise approaches to support the most specific need of your business.

Odoo ERP solutions for your industry:

  • Retail. Brick-and-mortar or e-commerce, Odoo can handle & automate all retail operations from purchasing, inventory, sales & accounting processes.
  • Manufacturing. All manufacturing businesses, small or large, can benefit from automating their production & making their supply chain more efficient.
  • Food Services. Food production, wholesale & retail have their own specifics - Odoo helps you track the removal strategy & expiration dates to serve the freshest products.
  • Field Service. When you are onsite, what matters is that you deliver excellent services. Manage your workdays from anywhere, on any device, track your working time, sell products and create invoices with one click.
What makes Odoo worth buying?