Oakland OdooERP.ae is Odoo's trusted gold partner for the MENA region. We are a team of engineers and consultants in UAE with decades of collective expertise.
There was once a businessman named John who owned a manufacturing company that produced various kinds of products, although John had always been passionate about his business and determined to make it successful. He found out that passion alone was not enough to face many business challenges he had along the way.
John faced multiple issues, and the main one was the constant downtime in his factory; it was common for him to pause production because machines were not working or due to issues related to inventory. He was losing a lot of money, but luckily a friend advised him for Odoo Implementation, and that transformed his business completely.
What is an ERP system?
Instead of giving you a complicated answer full of technical terms, let us just say that an ERP system is like a modern closet with a big board that helps the company keep everything organized and contact each other to collaborate and work more efficiently.
The ERP system is what companies need to see the full picture, monitor how fast the work is going and what their teams are performing, track performance, and make plans for the future.
Imagine you’re a sales representative at a company that uses Odoo ERP solution. You’ve just closed a new deal with a customer. Now you go to Odoo and create a new customer record in the system then add all of the relevant information, such as the customer’s contact information, shipping address, and purchase history.
Once the customer record is created, you can start tracking the status of the deal and communicating with the customer throughout the sales process. Odoo also allows you to generate invoices and quotes, and to track payments.
What are the Benefits of Odoo Implementation for businesses?
Odoo implementation is more than just buying software; it is partnering with an ally that will be with you along your journey. This ERP software is developed to help companies grow without putting more burden on them.
Odoo Implementation Best Features:
Simplifies business processes: using Odoo enterprise resource planning system allows businesses to track and monitor all processes with smart interactive dashboards. You can easily customize and use them to know all the information you need in few clicks.
Enhances teamwork: odoo is loaded with collaboration tools that facilitate business growth, users can add notes, and notifications will be sent in real-time not to mention the automation for business workflow.
Generates reports: While reports used to take days or weeks to prepare, odoo can deliver informative reports in seconds. and they can be customized to help you find and solve bottleneck problems.
How can ERP help you focus on your business and Improve Cost Savings?
Core business processes always keep employees busy as they take a long time, but most of them are just repetitive tasks. Odoo can provide a solution for your business that:
Streamlining operations: Odoo automates many manual tasks, such as order fulfilment, inventory management, and accounting. Automation turns time-consuming day-to-day operations into easier tasks that can be performed in less time.
Improving visibility and insights: one of the main advantages of Odoo ERP software is the powerful analytics and reporting tools. For example, you can use Odoo to track inventory levels, sales performance, and customer satisfaction, and with just a few clicks know how much your company have sold, how much revenue has been generated this month. Using this information can help you to identify areas where you can improve productivity and reduce costs.
Reducing errors: Odoo’s automation features help to reduce human error. For example, Odoo can automatically generate invoices and quotes, and track payments. The value entered will be same in all reports, making your data more accurate.
Eliminating unnecessary software: Odoo is a suite of integrated applications that covers all major business functions, such as CRM, accounting, inventory management, human resources, and project management. This means that you don’t need to purchase multiple software programs, which can save you money on licensing and maintenance costs.
Streamline Business Processes and Boost Productivity
Business owners need to ensure ongoing production to achieve success and meet demand, but system failures (especially in manufacturing businesses) can cause delays for hours or even days leading to huge loss of money and opportunities.
Although it is impossible to eliminate downtime completely, you can reduce it with the help of Odoo’s ERP system. here are some examples of how you can do that:
Schedule maintenance: There is an Odoo module for maintenance to track machines’ status and schedule preventative maintenance tasks during planned downtime periods which is a good way to detect malfunctions early and prevent them from causing severe damage.
Plan Production: You can create production plans for your business and schedule production runs on the system.
Manage staff training: Human error can be responsible for downtime; therefore, Odoo has tools to track employee performance and help the HR department identify problems and solve them earlier.
In Case You are looking for the best HR software to keep track of your employees and their performances, OdooERP.ae offers a complete HRMS software solution developed to streamline HR operations, better employees’ engagement, and boost performance.
How Can Odoo ERP System Maximize ROI?
Every business is an investment, and businessmen know that you need to pay money to get money in return, but what is the key to a successful business? The answer is to increase the revenues and reduce the costs as much as possible.
Data from previous clients who came for Odoo ERP implementation services in the past show that Odoo helped more than 90% of them get better results, while over 80% witnessed increased ROI.
There are plenty of methods to increase the ROI when you have Odoo ERP system, and here are some examples:
Improve marketing strategy: using effective marketing strategies is vital to attracting new customers and increasing sales, and Odoo help businesses create and manage campaigns on social media to reach the target audience. The campaigns’ reports can show you what is more effective, what generates more money, therefore decision-making will be improved.
Optimize your pricing strategy: Odoo offers two ways to enhance your pricing strategy; the first is to know where profits come from and adjust prices accordingly to boost revenues, and the second is to analyze the costs from your production plans if there are any changes in the cost.
Change production plans: you can use Odoo to track your plan’s performance, determine the bottleneck problems and come up with sufficient solutions.
Improve customer retention: Odoo is great for building a strong relationship with customers and keeping them satisfied. Provide exceptional customer service with Odoo’s modern CRM and see how your customer will favor you over other competitors.
Odoo Implementation from an Odoo Gold Partner in UAE
You can get software from a freelancer, or any software team, but if you want your Odoo Implementation to help you make informed decisions and the system to be built to support core business activities you must go for a gold partner.
Getting a new ERP system from Oakland OdooERP.ae means letting a professional and experienced team handle the mission. This ensures that your ERP system will be planned and designed to meet all your business needs, plus getting ERP system’s maintenance and support to ensure your system is working seamlessly at all times.
All it takes from you is to contact the number 1 Odoo Gold Partner in UAE, our erperts will give you a free consultation and demonstration.
You are running an ecommerce business, your sales are growing, more requests everything is going great, congrats, you are on the road of success, and it is a great time to implement odoo ERP for your ecommerce business.
What is ERP for Ecommerce business
In case you are not familiar with the term, (ERP) system is a software application that helps you manage your business more efficiently and integrates all of the core business functions of an organization.
With the ERP system it is possible to manage all your operations more efficiently and ensure everything is fine. OdooERP.ae link all the business functions you need in your business to help your streamline operations and ensure seamless fulfilment.
Better Financial Management
One ERP software is all you need to enhance your financial services, because our Odoo ERP system allows you to track income, and monitor your expenses and streamline all financial processes. With the help of automated workflows and real-time data synchronization, you will get rid of all the manual errors, while financial reports help you know valuable data about your business and identify the real source of money and profits.
When you understand where money comes from, and what loses you more, you can adjust your business accordingly to maximize the revenues and minimize the costs as much as possible.
Now do the math, more revenues, increased profits, less costs
Efficient Inventory Tracking
An ERP system can track inventory levels and help businesses to ensure that they have the right amount of stock on hand. This can help businesses to avoid stockouts and to improve customer service.
This enables them to track rental income, monitor expenses, generate accurate financial reports, and streamline financial processes. With automated workflows and real-time data synchronization, the ERP eliminates manual errors and enhances financial transparency. Additionally, the system allows for seamless integration with other business systems, such as banking, enabling efficient reconciliation of transactions and improved cash flow management.
By providing a robust foundation for financial management, a Real Estate Software empowers real estate professionals to make informed decisions, optimize profitability, and achieve sustainable growth in an ever-evolving industry.
In the world of business, efficient financial management is a cornerstone of success. And in the realm of real estate and property management, an (Enterprise Resource Planning) ERP software can play a vital role in ensuring better financial management. By seamlessly integrating various financial modules, such as accounts payable, accounts receivable, budgeting, and invoicing, an ERP system like Odoo empowers property managers to gain a comprehensive view of their financial landscape.
OdooERP.ae’s ERP systems are made and customized to fit your business needs.
Ecommerce businesses are growing rapidly, and with that growth comes the need for more efficient and effective ways to manage operations. One of the best ways to do this is by implementing an ERP Software.
An ERP system is a software application that integrates all of the core business functions of an organization, such as accounting, inventory management, order processing, and customer relationship management (CRM). This integration provides a single view of all data, which can help businesses to improve efficiency, accuracy, and decision-making.
If you are running an ecommerce business, don’t just manage your business, empower it. With OdooERP.ae’s ERP for Ecommerce Business, you can unlock the full potential of your ecommerce operation and experience exponential growth.
Creating detailed financial plans that outlines your company’s financial goals is the cornerstone of financial management, However, it requires having knowledge of all the costs and expenses of the company which is not something easy, unless you have a great accounting software like OdooERP’s Financial ERP Software.
What is Odoo Financial ERP Software?
Odoo Financial ERP Software is a cloud-based software that helps businesses manage their finances. Backed with a wide range of features, including accounting, taxes, and bank reconciliation it can be the software you need to manage all financials and accounting need in minutes.
Odoo ERP Financial software is not the best financial ERP software only because it can help you with financials fast, but because of its ability to automate accounting processes. Automation is how our OdooERP solutions speed up processes and boost performance and let you finish in minutes what you used to do in hours and days.
Tracking your Income and Expenses
Odoo ERP software makes it easier to track your income and expenses, and link data together as well. You have the ability to create accounts for different types of income and expenses, and then enter transactions into your accounts. And guess what? Odoo can automatically generate reports that show you how much money you are making and spending so you can find ways to make more money or reduce the costs.
Creating Budgets for Teams and Operations
We can help you create suitable budgets for a team, an operation, or the whole business because you will have fast access to all your financial data and reports at a click of a button. It does not end there, you can also track the performance and compare the plan to the real expenses to make sure you are always under the budget and know what are the things that consumes the most of the money.
Generating reports
Reports are the references you need to know where you are standing and where to go next. Although businesses need them and rely on them greatly, they are hard to generate and may take days or weeks sometimes, so how about we change that to few moments instead?
Our Odoo ERP software are designed to generate reports based on data available in the database to tell you all you need to know about the business. You can easily know how money are spent, what costs you the most, where the real profits come from and more without having to wait for long time.
Integrating with other Odoo modules
OdooERP offers amazing solutions to manage your financial, but it can be a lot more than financial software. We offer solutions to run all kinds of business functions to your business, therefore, it is easy for us to integrate your financial software with other modules such as sales and inventory or manufacturing.
Integrating Odoo with the sales module helps you track your sales and see how they impact your finances. Integration with the production module is good to track your production costs and profits.
Odoo Accounting and Financial ERP Software Features
The devil lies in the details of our OdooERP system because we add different features to give you all the details you need in business. Here are some additional features of Odoo Accounting and Financial ERP Software:
Multi-currency support: You can track your finances in different currencies, which is important if you have branches in other countries, or clients abroad.
Tax management: Do not leave any room for mistakes when it comes to taxes and avoid fines as much as possible. Just open the app, and create tax codes, track tax payments, and generate tax reports.
Bank reconciliation: Odoo can help you reconcile your bank statements. You can import your bank statements into Odoo, and then Odoo will match your transactions to your bank statements.
OdooERP.ae has provided many clients with systems to manage their finance and simplify financial management either as full accounting system, or as a part of the system. You can have yours too, contact our consultants, and get your custom ERP system now.
Tired of generic accounting software that doesn’t fit your business? Odooerp.ae delivers the best accounting solutions, unlocking efficiency, insights, and growth. If you’re seeking the best accounting software in UAE, built by experts, look no further than odooerp.ae. Our custom developed Odoo ERP Solutions empower your business and boost your financial control.
The modern manufacturing sector is a highly competitive and fast-paced environment that requires close orchestration of operations, resources, and timelines for success. The difficulties of managing such processes can be daunting, yet Odoo 16 ERP system offers an effective solution. This blog post will explore how Odoo 16 is revolutionizing the way companies manage their manufacturing processes, leading to improved efficiency, reduced costs, and better product quality.
We can explore how Odoo 16 can manage the manufacturing process. This Odoo Manufacturing ERP module is both easy to use and sophisticated, allowing for detailed orchestration and tracking of Odoo manufacturing operations.
It offers features such as the configuration of work centers, crafting Bills of Materials, creating manufacturing orders, monitoring progress, and managing component availability. Moreover, it provides detailed reports and analysis, so data-driven decisions for improved efficiency can be made.
Join us as we dive into Odoo 16’s Manufacturing module to learn more about its features, advantages, and practical use cases for bringing manufacturing to the next level.
Grasping the Functionality of Work Centers in Odoo 16:
Odoo 16 provides a robust suite of tools to facilitate the organization of manufacturing operations, with “Work Centers” forming a crucial component. These work centers are the dedicated sites at which various procedures are carried out in the production of the final product. Accessing and configuring a Work Center in Odoo 16 is simple and efficient. The following steps will help you create and manage Work Centers successfully.
Begin by accessing the “Configuration” menu.
Inside the Configuration options, you’ll find the choice to ” Activate Work Orders.” Enable this option to get the work order feature operational.
The dashboard allows for a quick and easy view of the work centers you have set up upon the activation of work orders.
Once enabled, you can quickly access and monitor these work centers.
Establishing Fresh Work Places:
To begin, go to the “Configuration” area. In the Configuration options, look for and select “Work Centers.”
Once you are in the Work Centers portion of the application, you will be able to start designing your own work center by clicking the “Create” button. Additionally, you will be able to view images of the process with the accompanying screenshots.
1. Essential Details: To get started, supply the key specifics about your work center:
Give your work center a title that describes it accurately to make it easily identifiable.
Assign an individual code to facilitate tracking and management.
Utilize an appropriate tag to systematize and organize your work centers proficiently.
2. Achieving Seamless Production: Planning for a second work center is a great way to guarantee that there will be no disruption to manufacturing operations. This kind of contingency measure will ensure that the production process will keep running even when the main work center is busy.
3. Efficiency in terms of Time and Capacity:
Clearly outline the Length of Time that operations at the work center will take so that scheduling can be done accordingly.
Indicate the Maximum Volume that can be produced by the work center within a given period.
4. Enhancing Performance:
Establish a Goal for Overall Equipment Efficiency with the purpose of maximizing productivity and minimizing non-productive time.
Calculate the Time Needed Prior to and After Production , incorporating setup and post-production tasks connected to manufacturing operations.
The world of technology today is a fast-paced one; advancements and innovations occur at an almost dizzying rate. It can be hard to keep up with the latest trends and gadgets, but it is important to stay up to date and informed. Keeping an eye on the latest developments in technology is essential in order to remain competitive and to take advantage of the incredible possibilities that technology offers.
The effects of climate change are becoming increasingly evident, with temperatures rising and extreme weather events becoming more regular. One example of this is the melting of the polar ice caps, which is leading to rising sea levels. Additionally, changes in the climate are affecting ecosystems and the natural world, as species struggle to adapt to new conditions.
5. Equipment & Connectivity: In the Equipment section, make sure your work center is outfitted optimally for maximal productivity.
Make sure that your work environment is outfitted with the right Tools and Supplies.
Check the IoT Triggers menu to pick out the devices that will allow for better connectivity and real-time tracking.
The use of technology in today’s day and age has become an integral part of life. It has become commonplace to incorporate tech into daily routines, from managing finances to communicating with friends and family. With the ubiquity of technology, it is no surprise that it has drastically changed the way we live.
The use of technology in education is becoming increasingly prevalent, as more and more schools and universities adopt digital learning tools. This phenomenon is having a major impact on the way students learn, making the educational experience much more dynamic and interactive. Nowadays, technology is playing a significant role in the classroom, allowing educators to engage with their students in unique and engaging ways.
6. Preserving Your Configuration: Once you’ve finished adding and optimizing your details, it’s important to remember to save your changes:
Utilize the “Save” button to compile your information and make your carefully created work center become a reality.
It is evident that the utilization of technology has become increasingly significant in our everyday lives. Nowadays, it is not uncommon to find people using technological devices in a variety of ways, from communication to entertainment and more. The reliance on technology has come to be a major part of the modern experience.
The amount of time students spend on their electronic devices has increased drastically in recent years. Nowadays, it is not uncommon for young people to spend large portions of their day on their phones, tablets, or computers. This has resulted in a decrease in physical activity and a rise in sedentary behaviour.
Odoo 16 presents a powerful set of tools for managing work centers that allow producers to make the best use of resources, streamline production sequences, and upgrade general efficiency in manufacturing. The broad range of functionalities supplied by Odoo 16 guarantee that your Odoo manufacturing procedures are kept neatly organized and supervised for peak performance.
List of Elements in the Product (BoM)
The Bill of Materials plays an indispensable part in the manufacturing cycle, as it outlines the components, materials, and operations needed to produce the final product. This document is essential to the production process, providing guidance, preventing errors, and optimizing resources. Odoo 16 takes BoM development to an entirely new level, making it easier than ever before.
Beginning the BoM Setup Process: The process begins by determining both the final product and the materials needed to build it. Prior to configuring the BoM, it is essential to comprehend the end product and its components.
Accessing BoM Setup: To begin designing the BoM:
To access the Bill of Materials, go to Products in the menu.
Then, select the Bill of Materials option.
An image of a Odoo manufacturing process being managed with Odoo version 16.5 is presented. This ERP software solution helps to ensure that production is carried out efficiently and productively.
3. Press the ” New ” button to begin forming your BoM.
A helpful way to handle the production process with Odoo 16 is to utilize the 6 step approach. This entails the following:
Establishing the production order
Scheduling the production process
Allocating the materials
Executing the production process
Verifying the quality of the product
Wrapping up the production order
By using this method, Odoo 16 is able to assist in the successful management of the manufacturing process.
When creating a BoM, the product name should be given primary consideration. Therefore, enter the name of the item for which the BoM is being put together.
A picture can be seen here illustrating how to handle a manufacturing process with Odoo 16.7. This graphic provides an overview of the steps necessary to manage this kind of process effectively.
5. Putting Together Parts: The “Components” area is the spot where the real work is done:
Dive into the Components tab.
Make sure to list out all the necessary items or materials to create the end product.
The cost of living has increased significantly in recent years. This has been reflected in the rising prices of a variety of goods and services. It is a trend that has affected many households and has made budgeting more essential than ever.
Paraphrased:
Recently, the cost of living has undergone a significant hike, manifesting itself in higher prices for various products and services. This has had a major impact on households, making budgeting an essential element of life.
6. Adding a Refined Manufacturing Process: To give a more detailed look, think about including work stations or routing specifics:
For work centers or routing involved in the manufacturing process, go to the Operations tab.
Enter the details here in order to have a comprehensive BoM.
7. Securing Your Creation: To protect the result of your hard work, make sure your BoM is kept safe:
Make sure to click the “Save” button in order to confirm the Bill of Materials created with care.
The use of augmented reality (AR) in the classroom has the potential to revolutionize the way students learn. It can be used to increase engagement and knowledge retention by allowing students to visualize concepts and engage with them in a more interactive way. By utilizing AR, teachers can create an environment that promotes creativity and exploration, allowing students to explore and discover new ideas. Furthermore, AR can be used to provide students with real-time feedback on their progress, making learning more efficient and enjoyable.
The world is changing rapidly and technology is advancing at an unprecedented rate. Progress is being made in a variety of areas, from transportation to communication. As a result, what was once impossible has become possible due to the advent of modern technology. People are now able to access information, communicate with each other, and even travel to far-off places with relative ease. The advances in technology have enabled us to do things that were not feasible in the past. As such, the world is a much different place than it was even a few decades ago.
Once the BoM is generated, it can then be used to create manufacturing orders, keep tabs on progress, and ensure a smooth Odoo manufacturing process. With Odoo 16, crafting a BoM grants you the capability to manage production with accuracy and insight. Developing blueprints of this sort gives you the opportunity to traverse the complicated terrain of manufacturing with ease and anticipation.
The Creation of Manufactured Items
The process of manufacturing orders is a complex one. It involves a range of activities, from planning and costing to sourcing materials and managing production. Different steps must be taken in order to create a finished product, and all of these steps must be carefully monitored in order to ensure quality and meet customer expectations.
The Operations menu of Odoo 16 provides the ability to create Manufacturing Orders, which form the basis of the production process. These orders allow you to convey the requirements of your product into distinct tasks that can be followed by your team. In order to effectively handle the orders, here’s what you should do:
1. Accessing Manufacturing Orders:
In order to start the procedure of generating manufacturing orders, access Operations > Manufacturing Orders.
Upon your entrance, you will come across a compilation of existing fabrication orders.
In order to craft a new manufacturing order, one must simply locate the “New” button and click it.
3. Establishing the Order:
Begin by choosing the item you need to create a manufacturing order for.
When the product is chosen, the linked parts will be filled in automatically, making the process easier.
Adjust the logistics by selecting an appropriate Appointed Date and specifying the amount that must be manufactured.
Identify the person responsible who will control the order placement.
An illustration of the utilization of Odoo 16-11 to oversee manufacturing processes can be seen in the image above. It is an effective way to manage the production flow and keep track of the progress.
4. Verifying:
When you are set to progress, press the Confirm button to validate the production order.
5. Taking Care of Component Accessibility:
If any elements are not available or out of supply, the Component Status will be indicated as Not Available.
A picture of how to handle the production process with Odoo 16 can be seen here. This system helps to make it easier to manage the manufacturing process.
6. Steering Work Requests:
Visiting the work orders menu is essential to plan the activities and work centers necessary to manufacture.
You can choose between lingering for the part or deciding to scrap it.
If waiting is not possible, creating a purchase order for the missing pieces is a seamless solution. When they arrive, these items will be available for use.
A diagram illustrating how to use Odoo Version 16-13 to administer manufacturing processes is depicted in the picture. An individual can use the software to organize and control the production flow.
7. Starting Production:
Gather all the necessary elements and be ready to begin manufacturing.
Just press the ” ** Begin** ” button to get the process going.
The results of the study showed that there was a significant difference between the two groups in terms of performance. It was evident that the experimental group had improved more than the control group, indicating that the intervention was successful.
The findings of the research indicated that there was a marked contrast between the two groups in terms of their performance. The experimental group exhibited greater enhancement than the control group, implying that the intervention had been successful.
The creation of a successful product demands a great deal of work. Making something successful necessitates putting in a lot of effort in order to achieve this goal. To maximize the chances of success, it is important to make sure that sufficient attention is paid to all of the necessary components. From research and planning, to design and delivery, every essential element needs to be taken into consideration. Doing so will help to ensure the highest likelihood of success.
8. Advancement Phases:
Monitor the progression of the manufacturing order as it shifts from “Confirmed” to “In Progress”.
Once operations are finished, pressing “Done” means that the stage has been completed. The “Mark as Done” button then appears to signify the concluding steps.
9. Finishing with Careful Consideration:
When you click “Mark as Done”, a prompt will appear to confirm that the manufacturing process is finished.
After that, the status will be switched from “To Close” to the last stage of “Done”.
10. Gaining a Deeper Understanding:
Investigating further into the processes of manufacturing can be done with the help of Odoo 16. By doing this, a more comprehensive grasp of the overall activity can be attained.
Gain thorough understanding by using convenient buttons that will take you to in-depth accounts of Traceability, Product Moves, and Cost Analysis.
A visual representation of how to handle the manufacturing process with Odoo 16 and 17 can be seen in the following image. It illustrates the steps taken to manage the process and the associated outcomes.
Taking advantage of Odoo Manufacturing can give you the ability to create manufacturing orders, progress them through the different phases of production, and reach the ultimate fulfillment of the production. Utilizing these simple and sequential steps can help you optimize your manufacturing effectiveness with Odoo 16, leading to smoother production and optimal performance.
Gains of Utilizing Odoo Manufacturing Administration
By taking advantage of Odoo Manufacturing Management, there are multiple benefits.
1. Improved Efficiency and Planning
Enhanced efficacy and organization can be achieved through improved efficiency and planning.
The Odoo Manufacturing Management system provides businesses with the opportunity to optimize their procedures. Automating duties, synchronizing work centers, and providing real-time team collaboration are just a few of the ways this ERP system eliminates delays and ensures steady operations. As a result, production cycles are faster, lead times are decreased, and productivity is improved.
2. Cost Reduction and Quality Enhancement
Costs can be cut, and quality can be improved through the implementation of certain strategies.
By keeping a close eye on resources, materials, and labor, Odoo can aid manufacturers in finding cost-saving opportunities. The system’s resource allocation optimization, minimization of wastage, and improved production planning can enable enterprises to reduce their operational costs. Furthermore, the emphasis on quality control allows for each product to meet specific standards, reducing the number of defects and the amount of rework needed. This dedication to quality leads to improved customer gratification and reinforces the brand’s standing.
The implementation of ERP for Manufacturing Management can drastically improve production procedures. It can help companies become more cost-effective and efficient, while simultaneously increasing the quality of their products, thereby allowing them to stay ahead of their rivals in the competitive marketplace.
In Summary
In conclusion, it can be seen that…
Odoo 16 offers an innovative Manufacturing Management module that facilitates a highly organized production process. With dynamic work centers, accurate Bills of Materials, efficient manufacturing orders, and reporting capabilities, the intuitive interface and powerful features of Odoo 16 lead to a streamlined manufacturing operation. This platform allows businesses to increase operational efficiency, reduce costs, and prioritize customer satisfaction. Therefore, businesses can leverage Odoo 16 to foster excellence in the manufacturing industry.
Our previous blog post on Odoo manufacturing provides an overview of the features in the Odoo 16 manufacturing module. Check it out to learn more.
The utilization of the Internet has increased significantly in the last few years. There has been a notable rise in people accessing the web for various reasons. From education and entertainment to information and communication, people have become highly reliant on the Internet for their day-to-day activities. Consequently, the reliance on the Internet has grown dramatically.
Rely on the Odooerp.ae for the development for ERP Software with best quality of service you have been searching for. You can contact for a free consultation and Book for a Demo
How to Close the Deal in Real Estate Using ERP System?
Real estate companies can close more without hiring more people and looking for more talented people. Your team can do that, and all you need is a good ERP System for real estate business. Here is a list of 4 Ways how to close the deal in Real Estate business using ERP Systems.
Modules for Automating Lead Management in Odoo ERP System
The chances of convincing someone to buy a property are higher when you contact them while they are excited about the idea. Odoo speeds up the process by automating the stages and eliminating time waste.
Leads are automatically captured from various sources, such as the company website, social media, email inquiries, and online advertising campaigns. Then, once captured, leads are segmented based on predefined criteria using the Marketing Automation Module.
At that point, they are sent to the CRM and automatically assigned to salespeople to contact them. The CRM module can automate follow-up tasks. For example, it can send automatic emails, set reminders for calls, or prompt agents to schedule meetings.
As leads move through the funnel, their progress is tracked in the CRM. You can track the progress and see the numbers in real time at any given moment, and all you need is one click.
Odoo for Contract and Transaction Management
Isn’t it amazing to be able to manage contracts and other types of documents you need from only one platform? But wait, it also offers a wide range of advanced tools to edit and manage each of them during each stage of the process.
When a deal reaches the contract stage, agents can use the Document Management System to generate contracts based on customizable templates. Once the contract is ready, parties can sign digitally via e-signature integration.
With the help of the Sales module, agents are able to track the progress of the transaction, monitor key milestones, and manage any amendments or contingencies that are part of the contract. Hence, they can immediately know what they need to do next and what each client requires.
Targeted Marketing Campaigns
A lost lead is never lost with Odoo because you can always turn it into a customer easily as you know all you need about them to convince them to buy later.
It starts in the CRM, with a detailed profile about the clients and their requirements. By using detailed customer data from the CRM, Odoo allows for the creation of highly personalized marketing messages that resonate better with potential clients, increasing the likelihood of engagement.
Another great benefit is efficient segmentation. With Odoo 17, businesses can segment their audience based on various criteria, like:
Location
Past purchases
Engagement level.
You know what the best part is? The fact that the campaigns are automated. Module can schedule and launch campaigns at optimal times, ensuring consistent engagement without necessitating constant manual intervention.
Interactive Property Showcasing
Odoo’s capabilities can be adapted to offer interactive property showcasing, a vital feature for the real estate sector. You can benefit from this functionality to enhance the buyer’s experience by providing a more engaging and informative view of properties.
With the Website builder, it is easier to create dynamic, user-friendly websites where properties can be showcased with high-resolution images, virtual tours, and detailed descriptions.
As you integrate the website with E-Commerce Module, features such as online booking for property viewings or inquiries can be added, facilitating direct engagement with potential buyers.
Now I hear you saying, but it is hard to create a website, well, not with Odoo. Odoo has a drag-and-drop website builder, allowing everyone to create an attractive website in matter of mere minutes. an attractive website in a matter of mere minutes.
The real estate team can double their productivity and enhance their performance as they use Odoo ERP System to close more deals. We only gave you a simple taste of what Odoo could do.
Ready to Transform Your Real Estate Development? Explore Odoo ERP’s Real Estate Software with Powerful Capabilities Now!
Want to know more? Feel free to contact us now. Oakland OdooERP. team is happy to help at any time.
Running a property rental business in Odoo involves several steps to effectively manage properties, tenants, leases, payments, and maintenance. Odoo is a comprehensive business management software that offers various modules and apps to streamline different aspects of a business, including rental property management. Here’s a general guide on how to run a property rental business in Odoo:
Tenant Management
Meduim and big real estate companies can have hundreds of tenants. as you may imagine, it is quite difficult to manage them all manually. Odoo can significantly enhance the effectiveness of tenant management and help them provide a seamless service.
Starting a Property Rental Business in Odoo ERP Enables You to:
Create Tenant Profiles
Create a profile for each tenant, and store all tenant information in one place, including personal details, contact information, and rental history, improving data accessibility and management. Whenever you need any information about any tenant, a quick search is all you need to obtain all the information.
Updating their info will change the values for any user who has access to the software, ensuring all users will have up-to-date data at any moment.
Customizable Fields
Adapt the tenant profile to include specific information relevant to your business, such as tenant preferences or background checks. Whatever information you think that is needed for your company, can be customized.
Lease Management
Employees sometimes spend hours creating leases; it is a simple task yet a time-consuming one. But worry not, Odoo has the best solution for you. Not only will it help you create new leases faster, but it will also help with lease management.
Automate Lease Creation
It is possible to automate the process and create a lease when the lead in the CRM is marked. Odoo has a smart and easy drag-and-drop template creation, helping you create a lease in seconds. It is also possible to save the lease as a template to use for future leads and save more time.
Document Management
Instead of storing files locally in different offices, just keep them in the server of the software, where anyone can access them. Odoo Document Management offers an amazing document management allowing you to use tags to classify the documents, set access, and even edit tools to split and merge the PDF files.
Financial Management
Every month, you have rents to collect, salaries and maintenance costs to pay, and between them you have the profit or loss. Instead of keeping it manual, and spend weeks on the process, why not just keep everything automated and let the system handle everything for you?
Invoicing Automation
You can streamline the billing process by automatically generating rental invoices on a set schedule, reducing manual work and the potential for errors.
Customizable Invoice Templates
Tailor the appearance and content of invoices to meet the specific needs of your business and to comply with local regulations.
Payment Tracking
Odoo can be set up to automatically track rent payments as they come in. We can integrate it with online payment gateways, bank accounts, and other payment methods. Each payment can be automatically matched with the corresponding tenant and lease agreement.
The same thing applies as well for other payments, which means you will have tracking for every incoming and outgoing payment, with the ability to calculate profits and costs accurately.
Financial Reporting
Generate detailed financial reports to gain insights into income, pending dues, and overall financial health of the property rental business.
Maintenance and Service Requests
Maintenance and service requests are the lifeblood of property management companies. They represent the needs and concerns of tenants. The main challenges are to be on time, and to remain under the budget. Odoo ERP systems can simplify the process for you, allowing you to:
Schedule Maintenance
Use the calendar feature to schedule regular maintenance and inspections, this way you will not forget about routine maintenance.
Manage Service Requests:
You can allow tenants to submit service requests via a special portal. and use the system to classify them into categories, marking them as urgent repairs, improvements and renovations, or amenityissues.
Reporting and Analytics
Reporting and analytics are crucial for understanding and optimizing the performance of a property rental business. When you have access to quick reporting tools, you can identify the sources of extra costs, know where you can earn more money, and more.
One of the power points of Odoo is its advanced reporting tools.
Generate Reports
Financial Reports: Create detailed financial reports including income statements, balance sheets, and cash flow statements. These reports can help you track revenue, expenses, and profitability of each property.
Occupancy Reports: Generate reports to track the occupancy rates of your properties. This includes information on which properties are rented out, which are vacant, and the duration of each tenancy.
Maintenance Reports: Keep tabs on the maintenance expenses and schedules for each property. This helps in planning budgets and understanding the cost implications of property upkeep.
Integrations
Did you know that Odoo can save you time and effort by allowing you to integrate the ERP system with other services and apps you need? Odoo has hundreds of integrations to help improve your business such as:
WhatsApp Integration
So, you can send instant message to your tenants from within the system including invoices, reminders, contracts, and more. It will save the time of the employees saving their time for more important tasks.
Email Integration
Odoo can be integrated with any email service which can help communicate with tenants or for email marketing as well.
Payment Gateways (PayPal, Stripe, etc.)
Link your favorite payment gateway to facilitate online rent payments. Integrating with payment gateways is essential, and Odoo ensures a secure connection with seamless experience.
Using Odoo for rental management and integrating Odoo with various third-party applications offer a comprehensive solution to enhance the efficiency and effectiveness of your property management company.
From streamlined accounting and finance management to advanced CRM capabilities and efficient document handling to sophisticated maintenance and analytics tools, these integrations cover all facets of property management.
To fully capitalize on the benefits of Odoo and its integrations, it’s essential to identify the specific needs of your business and choose the right tools that align with your objectives. At Oakland OdooERP.ae, we have the experience and knowledge to identify your needs and build the best Odoo ERP system for your Property Rental business with best quality of service you have been searching for. You can contact for a free consultation and Book for a Demo.
As a business owner who is using the Odoo system, you may feel like it is time to upgrade to the brand new Odoo 17. Should you do it now? Let us find out and explore the new features you gain with Odoo’s latest version.
New User Interface
Odoo’s latest release, version 17, introduces a redesigned user interface (UI) that aims to improve the overall user experience and efficiency. The updated UI features a modern and streamlined design, along with improved usability and design elements, all aimed at maximizing productivity.
Milky Theme and Improved Dark Mode
Odoo 17 introduces the Milky theme, a modern and visually appealing design that enhances the overall look and feel of the software. The Milky theme provides a clean and minimalistic interface, making it easier to navigate and interact with different modules.
Furthermore, Odoo 17 improves its dark mode, which is favored by many Odoo users who prefer a darker color scheme. The new version of odoo refines the dark mode, ensuring better readability and contrast for optimal viewing comfort. Whether you prefer a light or dark theme, Odoo 17 offers a visually pleasing experience that enhances your overall productivity.
Draggable Popups
One of the standout features of Odoo 17 is the introduction of draggable popups. This feature allows users to easily move and rearrange popups on their screens, enhancing visibility and productivity.
Draggable popups can save you time and prevent errors, as you will be able to see every part of the screen behind the wizard. All you have to do is long-click on the title and drag it to where ever you want. it is that easy.
Inventory Management Enhancements
Significant enhancements have been made to the Inventory Management module in Odoo 17 with the intention of improving the overall efficacy of inventory handling and management.
Operational Menu Revamped: In an effort to improve usability and accessibility, the Inventory Management module has undergone an extensive reorganization of the operational menu. The redesign enables an increased degree of ease in navigating, granting users the ability to effectively recognize and supervise various inventory-related tasks, such as shipments, receipts, and manufacturing orders. By streamlining the process of monitoring and regulating inventory transfers, this revision ultimately improves the efficiency of the operational workflow.
Reservation and Un reservation of Advanced Product Quantities: The ability to directly reserve or unreserve product quantities is a crucial component of the revised module. This functionality confers enhanced control to users regarding the allocation of inventory and enhances the accuracy of stock management. Organizations can improve their inventory management capabilities by allowing direct reservation and unreservation based on forecasted reports. This approach reduces the likelihood of stockouts and overstocking, while simultaneously maximizing stock availability.
Drop shipping incorporation into inventory configuration: Previously restricted to the purchase configuration, drop shipping has been added to the inventory module. By incorporating it directly into the inventory module, this integration improves the effectiveness of drop shipment administration. This feature offers significant benefits for businesses that rely on the direct delivery of products from suppliers to customers, as it optimizes supply chain processes and reduces the requirement for inventory control.
Improvements to Inventory Forecasting Reports: The functionality of inventory forecasting has been enhanced to provide more thorough and useful insights into inventory levels and demands. At this time, individuals possess the ability to predict future inventory needs, coordinate replenishing endeavors, and arrive at informed decisions regarding inventory control. This enhancement enables the management of inventory shortages or surpluses more effectively, resulting in increased efficacy in inventory planning and financial savings.
Point of Sale (POS) Updates
The Point of Sale module was significantly upgraded with a variety of new features and improvements, designed to enhance user experience and operational efficiency in retail and service businesses.
Self-Order Functionality (Kiosk Mode): Customers can place orders through an intuitive self-service interface, referred to as ‘Kiosk Mode’.
Preparation Display Screen: The system now includes a preparation display screen, which is ideal for food service or retail businesses where items must be prepared before delivery.
Combo Product Functionality: Businesses can now configure and sell combo products in the POS.
Enhanced Point of Sale Configuration: The POS configuration settings have been expanded, including the option for automatic order validation when payment is completed via a payment terminal. Additionally, credit limit warnings for customers are integrated, alerting staff when a customer’s purchase exceeds their credit limit.
Payment Integration and Management: Payment Terminal Machine (PTM) is now integrated for payment processing, providing customers with a broader range of payment methods.
Improved Customer Management in POS: The customer master in the POS system has been updated with further details and functionalities, allowing staff to access complete customer information and providing better customer service.
Receipt Management Enhancements: Customers can now request invoices directly from the customer portal, using a unique code generated on receipts.
Keyboard Shortcuts for Record Selection
Instead of relying solely on your mouse, you can now use keyboard to speed up the process, all you have to do is to click “Shift” button with the “Down Arrow” key to select records faster and more. To deselect the records you can use the “Up Arrow” while also holding the “Shift” key.
CRM Enhancements
Odoo CRM module now enables users to monitor the duration for which individual records, including customer interactions and leads, remain in various phases.
This functional attribute assists enterprises in comprehending the duration attributed to every stage of their sales procedure. The determination of the duration that a lead spends in each stage enables users to identify the specific areas that cause delays and devise strategies to rectify them.
Freeze Headers
Handling large sheets is now simpler due to this new features of Odoo 17. The new Odoo ERP platform has incorporated a ‘Freeze Headers’ function to make it easier to navigate and read data in its various modules.
This feature keeps the headers visible at the top of the page while scroling through long lists or tables. This way, users can easily keep track of their columns and rows to prevent confusion and boost efficiency in interpreting information.
Improved Search View
This new search option offers a variety of filters that make it easier for users to pinpoint the data they are looking for. The ‘Group by’ feature can organize the data into a more readable structure that allows for easier analysis.
The inclusion of ‘favorites’ allows users to save and quickly access their most commonly used search parameters, simplifying the search process overall.
Add a product from the catalog (Kanban view)
Now, users can reduce the amount of time and complexity spent on sales orders by adding products straight from the catalog (Kanban)! These items will be added to the order form as draft lines, which can then be edited in regards to quantity, cost, and other details.
New To-do Module
Odoo 17’s new To-do module is a strong tool that may assist you in managing your chores and maintaining organization. It completely replaces the previous Notes application. You may create, organize, and keep track of tasks with the help of the to-do module.
Conclusion: Is upgrading to Odoo 17 worth it?
While odoo 16 was loaded with features, odoo 17 brings new upgrades to them and enriches them. but the question now, should you upgrade?
Whether you should upgrade or not depends on several factors like how much do you need the new features. if you find any of them urgently necessary to your business, then it is time to call your favorite odoo partner and plan to upgrade. otherwise, you can wait till the new update is rolled out.
Users who are using odoo 16 can wait, but those who are using older versions of the odoo ERP should consider upgrading, as they are going to experience a more user-friendly and responsive version of their odoo.
Your business is growing, and the demands of your administrative tasks continue to escalate costing you money, time, and effort when someone suggests you use a logistic ERP system as a solution. Now you are wondering, is it really what you need? can it improve supply chain processes? Benefits of ERP in supply chain management?
The short answer is YES!
ERP software Implementation can help you save time and effort while taking supply chain management to another level, and here is how.
Role of ERP System in Supply Chain Management
Centralization and Integration
In a business, various departments, such as procurement, production, inventory management, and distribution, frequently utilize distinct software systems or even manual processes. This can result in data silos, where vital information is isolated within the tools of each department.
Cloud-based ERP solutions provide a central database for all departments to store and access data in real-time. With a central database, the system allows all departments quick access to up-to-date data at any moment. This not only reduces time and effort of communications but also decreases the errors and mistakes.
After ensuring the availability of data, ERP software links applications of different departments with each other internally with automated processes to streamline supply chain management. Automation is used to take action in specific cases especially when there are secondary processes interlinked to another process.
When a customer places an order, for instance, an integrated ERP system can trigger actions across multiple departments: the procurement department can assess inventory levels and initiate purchase orders, if necessary, the production team can schedule production based on demand, and the distribution team can ensure timely shipping.
This integration ensures that all relevant parties have access to the same information in real-time, thereby minimizing miscommunication, errors, and delays.
Analytics, Visibility and Control
While monitoring inventory quantities, locations, and movements can be a complex and time-consuming manual process, ERP can achieve the same outcomes with less effort and in less time.
Using ERP system in supply chain management provides real-time visibility into these factors, and you will be able to view the data in reports, convert them to infographics, and view them for the entire organization or just one of its branches.
This means that at any given time, all stakeholders have access to accurate and current information regarding available inventory, its location, and its movement through the supply chain.
Forecasting and Demand Prediction
In business, there are always ups and downs, it is completely normal to generate over 200 thousand in one month, and barely gain 80 thousand next month. Can you change that and maintain 200 thousand monthly revenues? you might with Odoo ERP systems analytics tools.
Data Analysis
ERP systems collect and preserve historical data on sales, orders, and consumer activity. The system then identifies demand patterns, trends, and seasonality by analyzing this data. For instance, it may determine that certain products are in greater demand during certain months or seasons, and using this information you can focus on products with higher demand.
Market Trends
ERP systems can be connected to external data sources, such as market trends, economic indicators, and competitor activities. ERP and supply chain management systems can obtain a comprehensive understanding of demand drivers and fluctuations by combining internal historical data with external insights.
Suppliers and Customers Relationship Management
Supply chain management processes rely heavily on the relationship between your business and suppliers from one side, and your business and customers from the other end. The goal of any business is to reduce the costs of supply and increase the revenues from customers.
You may think that costs here only mean prices, but no. You have to consider other costs as well such as the cost of time and effort spent on each of them. To reduce these costs, enterprise resource planning software should make communication easier which can be done in multiple ways:
Supply Chain Management Module in ERP
Customer and Supplier Portals
Give them both faster and easier access to supply chain data through a portal which they can access via an app or a website. You can grant them access to vital information to them such as invoices, schedules, order history, etc.
When such information is easily accessible, direct communication only takes place for important tasks, therefore, the sales or customer service team will have more time to focus on other cases that can increase the revenues for the business.
Order Placement and Tracking
Odoo ERP system can help you ensure efficient supply chain management with simple automation orders. It is possible to trigger an action to send requests for quotations for a supplier or multiple suppliers when the inventory level goes below a specific line.
Let us say that you need plastic cups in your business, and you only have 200 left in your warehouse, the warehouse management system can send an alert to your purchase manager, and a request for prices from the suppliers. This way ERP systems can improve supply chain operations because you will only have to follow up with the supplier instead of finding out about it later and getting in trouble.
Advantages of ERP in Supply Chain Management
In more complicated operations, supply chain management ERP software can improve real-time visibility and tracking by enabling you to track the status of shipments faster. It is also possible to set trigger notifications to alert you when the status changes.
Gain real-time insights into orders, inventory levels, shipments, and procurements.
Identify bottlenecks and get to know the opportunities for improvement across the entire supply chain.
Inventory discrepancies can be avoided by regularly monitoring and updating stock levels.
Improved customer satisfaction.
Streamlines supply chain processes and automate inventory control with barcodes, RFID, and other technologies.
Manage warehouse operations effectively and efficiently.
Increased customer satisfaction through quick deliveries, minimal errors, and improved internal communication.
Growth-ready solutions with supply chain management erp software that scale with your success.
Benefits of ERP in Supply Chain Management and Logistics Operations
Improved efficiency
It is now clear how ERP systems can improve the efficiency of logistics management and supply chain operations by automating manual tasks and providing better tools for communication and collaboration. Improved inventory management efficiency can help businesses double revenues and profits with the same effort and spending.
Increased Customer Retention
Cloud-based ERP systems implementation results in better customer service, hence, it is logical to have more satisfied clients than before.
Reduced Costs
When businesses optimize their supply chain with ERP systems, they reduce many expenses such as storage, insurance, and depreciation.
Enhanced Collaboration
ERP systems improve supply chain process management due to enhanced collaboration. Employees won’t have to wait to get data from other departments or worry about getting outdated data because all information is stored in a single database accessible by all users.
Improved Reporting
ERP systems help businesses optimize their performance with a set of advanced reporting tools. Businesses can use analytics and reporting tools to understand how their strategies are performing and find flows in them. ERP reporting kits and dashboards allow logistics companies to make informed decisions.
Mobility
Modern ERP systems and supply chain Solutions such as Odoo ERP come with mobile access. The ability to access the system from any mobile enables managers to monitor and track operations throughout the supply chain anytime anywhere.
In case, you are looking for a trusted ERP Software Development Company in UAE, Rely on Odooerp.ae for Custom ERP software that meets your needs. Achieve your business goals with Odooerp.ae’s best-in-class ERP development expert team.
