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How to Get Affordable ERP System for SMEs

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ERP Systems Needs for SMEs

Managing Small businesses becomes more complicated and demanding overtime. As business grow, the need for better tools to manage operations follow. However, the requirements of SMEs are not the same for larger enterprises.

What is an ERP System?

Enterprise Resource Planning (ERP) systems are integrated software solutions designed to help businesses manage core processes within a unified platform.

These systems connect various business functions such as finance, sales, inventory, and human resources, allowing seamless data flow and improved visibility across departments. By centralizing operations, ERP systems streamline tasks, reduce redundancies, and improve decision-making with real-time data.

For SMEs, an ERP system is invaluable. It simplifies complex workflows, eliminating manual processes that often lead to inefficiencies. With an ERP system, SMEs can operate more efficiently, focus on growth, and scale their operations without losing control over their processes.

Why SMEs Need ERP

Without an ERP system, many SMEs struggle with disconnected systems and data silos. This results in inefficient operations, data duplication, and a lack of real-time insights into their business. As SMEs grow, these challenges intensify, slowing down productivity and increasing operational costs.

ERP systems solve these problems by integrating key business functions, improving accuracy, and enabling better resource allocation. For SMEs aiming for long-term success, investing in ERP becomes crucial to staying competitive in today’s fast-paced.

Key Factors That Affect ERP Costs

Plenty of factors can affect the cost of ERP, but the main are:

ERP Software Licensing Models

When choosing an ERP system, the licensing model significantly impacts the overall cost. There are two primary models: cloud-based and on-premise.

  • Cloud-based ERP is hosted off-site by a service provider, typically offered as a subscription service. This option generally requires a lower upfront investment and is ideal for SMEs looking for a cost-effective, scalable solution. However, ongoing subscription fees can accumulate over time.
  • On-premise ERP, on the other hand, involves purchasing the software outright and hosting it on your own servers. While the initial cost is higher, there are no recurring subscription fees, making it a potentially more affordable option in the long run if your SME has the necessary IT infrastructure.

Cloud-based ERP is the main choice for most of the businesses today. On-premise ERP is preferred by companies who want higher layers of security.

For SMEs, cloud-based ERP is often the more affordable option because it eliminates the need for expensive hardware and IT maintenance. However, considering long-term business needs and comparing both models is essential for making a cost-effective decision.

Implementation and Customization Costs

Beyond software licensing, the implementation and customization of an ERP system can drive up costs. Implementation includes setup, data migration, and training for your team. Customization refers to tailoring the ERP system to fit the unique needs of your business.

Customizations are essential for SMEs. Even small customization can increase productivity of teams, and make their tasks easier.

It’s important to keep customization minimal to avoid inflated costs. Unnecessary modifications can increase the complexity of the system, making future updates and maintenance more expensive.

To stay within budget, SMEs should focus on utilizing the core features of the ERP and only customizing where necessary.

Strategies to Find an Affordable ERP System

The right strategy reduces the cost greatly. Here is how to start.

Choosing a Scalable Solution

For SMEs, scalability is a key consideration when selecting an ERP system. As your business grows, so do your operational needs. Opting for a scalable ERP solution ensures that your system can handle increased workloads and more users without requiring a complete overhaul or significant investment in new software.

A scalable system lets SMEs start with essential modules and expand over time as their budget and needs evolve. This approach not only saves costs upfront but also provides long-term flexibility, reducing the need to invest in entirely new systems as the business grows.

Open-Source ERP Options

Open-source ERP systems present an attractive, affordable option for SMEs. These systems are typically free to use, with costs limited to implementation, customization, and support services. The open-source model gives businesses the flexibility to tailor the software to their specific needs without the recurring fees associated with proprietary solutions.

Please do not mistake the term “Free to use” as you getting a free software. This only means it is free for developers to alter the code to your needs. For you, it means it is cheaper to customize.

Negotiating Costs with ERP Vendors

Some prices are fixed, and some costs can’t be avoided. However, you can save money and avoid items you do not need.

Getting the Best Deal

When it comes to negotiating with ERP vendors, SMEs have several opportunities to secure better deals. Start by understanding the full scope of the ERP system you need—clarifying your must-have features versus nice-to-have ones. This approach gives you more leverage during negotiations, allowing you to focus on pricing for the features that matter most to your business.

Be sure to negotiate on licensing fees, especially if you’re opting for a subscription-based model. You can ask vendors for discounts based on the number of users or negotiate for a longer-term contract to lock in lower rates. Additionally, negotiating for implementation services like training and support can reduce overall costs, especially if bundled with the software purchase.

SMEs should also request vendor references or case studies that showcase how similar businesses achieved cost-effective solutions with the ERP. This insight can provide useful benchmarks when entering negotiations.

Taking Advantage of Discounts and Promotions

ERP vendors often offer promotions, discounts, or subscription plans that can make systems more affordable. To take advantage of these, SMEs should time their purchases strategically—vendors may provide deals during end-of-quarter sales or product launches.

Another effective way to lower costs is by negotiating long-term contracts in exchange for better pricing. Multi-year commitments often come with reduced rates or bundled services, making ERP systems more accessible for growing businesses. SMEs should also inquire about any non-profit or startup discounts some vendors offer, which can further drive down costs.

By staying informed about current promotions and actively seeking discounts, SMEs can implement ERP systems at a lower price point without sacrificing quality or functionality.

Avoiding Hidden Costs in ERP Implementation

Ongoing Maintenance and Support Costs

While the upfront costs of an ERP system are crucial, the ongoing maintenance and support fees can quickly add up. Many SMEs overlook these expenses, leading to budget overruns down the line. To keep costs under control, it’s essential to fully understand the terms of your ERP vendor’s maintenance package. Some vendors offer free updates and support for a limited time, while others charge for each service call or upgrade.

To minimize these costs, SMEs should negotiate a support plan that aligns with their actual needs. Opt for tiered support levels that offer flexibility, such as limiting support to core business hours rather than 24/7, which can reduce fees. Additionally, make sure the system is designed for ease of maintenance, reducing the need for frequent external support.

Training and User Adoption Costs

Training and user adoption are often underestimated in the overall cost of an ERP system. A poorly trained team can lead to slow adoption, resulting in errors and inefficiencies that negate the benefits of the system. To avoid this, SMEs should invest in comprehensive training programs for their employees early on.

However, to keep costs manageable, consider online training resources and internal knowledge-sharing sessions. These can be more cost-effective than hiring external consultants for every training session. Ensure that the training focuses on the specific modules your business uses most, which will speed up user adoption without adding unnecessary training expenses.

Need an ERP System for you SME? Contact OdooERP.ae for an Effective ERP Solutions from Experienced Account Managers to Streamline your Business and Boost Efficiency.

What is HRMS and How Does it Work?

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Human Resource Management System (HRMS) is a sophisticated software solution designed to streamline and automate various HR functions within an organization. From recruitment to retirement, HRMS handles a wide array of tasks such as employee data management, payroll management, benefits administration, and performance tracking.

The hr software integrates all these processes into a single, cohesive platform, making it easier for HR departments to manage their workforce efficiently.

The importance of HRMS in modern business cannot be overstated. In an era where data-driven decision-making and operational efficiency are critical, HRMS provides the tools necessary to enhance productivity and accuracy. By automating routine tasks and providing real-time data insights, hr management system allows hr team to focus on strategic initiatives that drive business growth and improve employee satisfaction.

Implementing an HRMS not only reduces administrative burdens but also ensures compliance with labor laws and regulations, safeguarding the organization from potential legal issues.

HRMS Software Features

1. HRMS Portal

The HRMS portal serves as a central hub for both employees and HR management professionals. Employees can access a self-service platform to update personal information, view pay stubs, request leave, and enroll in benefits.

This feature significantly reduces the administrative workload on HR team by empowering employees to manage their own data and requests.

2. HRMS Dashboard

An HRMS dashboard provides real-time data visualization and analytics. With customizable widgets and intuitive design, HR professionals can quickly access key metrics such as employee turnover rates, attendance records, and performance statistics. This visibility allows for informed decision-making and quick identification of trends or issues that may require attention.

HRMS Solution Components

The HRMS software comprises several integral components, each designed to streamline specific HR functions:

  • Core HR: Manages employee records, organizational structure, and compliance reporting.
  • Payroll: Automates payroll processing, ensuring accurate and timely salary disbursements.
  • Benefits Administration: Handles employee benefits enrollment, tracking, and compliance.
  • Talent Management: Supports recruitment, onboarding, performance appraisals, and succession planning.
  • Time and Attendance: Tracks employee working hours, leave, and overtime.

Each of these components works together to provide a comprehensive solution that addresses all aspects of human resource management.

Functionality of HRMS

HRMS Login

HRMS login functionality ensures secure access to the system, using robust authentication protocols to protect sensitive employee data. Users are typically assigned roles and permissions based on their job functions, ensuring that only authorized personnel can access specific information.

HRMS Software Capabilities

The HRMS software offers extensive capabilities designed to automate and streamline HR tasks:

  • Automation of HR Tasks: HRMS automates repetitive processes such as payroll calculations, benefits administration, and compliance reporting. This reduces the likelihood of errors and frees up hr team to focus on strategic initiatives.
  • Integration with Other Business Systems: HRMS can integrate seamlessly with other business systems such as accounting, ERP, and CRM platforms. This integration ensures that data flows smoothly across different departments, facilitating better coordination and decision-making.

Additionally, HRMS software often includes advanced features like:

  • Recruitment and Onboarding: Streamlines the hiring process, from posting job openings to onboarding new employees.
  • Performance Management: Tracks employee performance, sets goals, and manages appraisals.
  • Employee Self-Service: Allows employees to access and update their personal information, request time off, and view their benefits and paychecks.

Benefits of Using HRMS

Implementing an HRMS brings numerous benefits to an organization, improving both efficiency and employee satisfaction. Here are some of the key advantages:

Improved Efficiency and Productivity

  • Automation of Routine Tasks: By automating repetitive tasks such as payroll processing, attendance tracking, and benefits administration, HRMS frees up time for HR professionals to focus on more strategic initiatives.
  • Streamlined Processes: HRMS integrates various HR functions into a single hrms platform, reducing the need for manual data entry and minimizing errors. This streamlining leads to faster and more efficient HR operations.

Enhanced Data Accuracy and Security

  • Centralized Data Management: HRMS consolidates all employee data into a centralized system, ensuring that information is accurate and up-to-date. This centralization reduces data redundancy and inconsistencies.
  • Advanced Security Features: With robust authentication protocols and role-based access controls, HRMS protects sensitive employee information from unauthorized access. Enhanced security measures ensure data confidentiality and compliance with regulatory requirements.

Better Decision-Making with Data Insights

  • Real-Time Analytics: The HRMS dashboard provides real-time data analytics and reporting capabilities. HR professionals can access key metrics and generate reports to make informed decisions.
  • Trend Identification: With comprehensive data visualization tools, HRMS helps identify trends and patterns in employee performance, attendance, and turnover. These insights enable proactive management and strategic planning.

Enhanced Employee Experience

  • Self-Service Portals: Employees can use self-service portals to update their personal information, request time off, and access their pay stubs and benefits details. This empowerment enhances the overall employee experience and satisfaction.
  • Transparent Communication: HRMS facilitates transparent communication between HR and employees, providing easy access to company policies, announcements, and updates.

Cost Savings

  • Reduction in Administrative Costs: Automating HR processes reduces the need for extensive paperwork and manual processing, leading to significant cost savings in administrative tasks.
  • Improved Resource Allocation: By optimizing HR operations, organizations can allocate resources more effectively, focusing on areas that drive business growth and employee development.

In summary, modern hrms offer a multitude of benefits that enhance operational efficiency, data accuracy, decision-making, employee satisfaction, and cost savings.

These advantages make HRMS an essential tool for any organization looking to streamline its HR functions and improve overall performance.

Implementation of HRMS

Implementing an HRMS requires careful planning and execution. With the right approach, it can significantly enhance HR operations and overall organizational efficiency.

Steps to Implement HRMS in an Organization

1. Needs Assessment
  • Identify specific HR needs and challenges within your organization.
  • Gather input from key stakeholders, including HR staff, IT professionals, and employees.
2. Vendor Selection
  • Research and evaluate different HRMS vendors based on features, scalability, and support.
  • Request demonstrations and trial periods to assess the software’s usability and fit.
3. Project Planning
  • Develop a detailed implementation plan outlining timelines, milestones, and responsibilities.
  • Allocate resources, including budget and personnel, to support the implementation.
4. Data Migration
  • Prepare for data migration by cleaning and organizing existing HR data.
  • Ensure data accuracy and completeness before transferring it to the new HRMS.
5. System Configuration
  • Customize the HRMS to align with your organization’s workflows and processes.
  • Configure user roles and permissions to ensure appropriate access levels.
6. Training and Support
  • Provide comprehensive training for HR staff and end-users to ensure comfort with the new system.
  • Offer ongoing support to address any issues or questions during the transition.
7. Go-Live and Evaluation
  • Launch the HRMS and monitor its performance closely.
  • Gather feedback from users and make necessary adjustments to optimize functionality and user experience.

Training and Support for HRMS Users

Providing adequate training and support ensures a smooth transition and maximizes the benefits of the new system.

Comprehensive Training Programs
  • Conduct training sessions tailored to different user groups, including HR professionals, managers, and employees.
  • Offer both initial training during the implementation phase and ongoing training to keep users updated on new features and best practices.
User Manuals and Documentation
  • Provide detailed user manuals and documentation to guide users through various HRMS functionalities.
  • Ensure that these resources are easily accessible and regularly updated.
Help Desk and Technical Support
  • Establish a help desk or support team to assist users with any technical issues or questions.
  • Offer multiple support channels, such as email, phone, and live chat, to accommodate different user preferences.
Regular System Updates
  • Keep the HRMS software up-to-date with regular system updates and patches.
  • Communicate any changes or new features to users to ensure they are informed and can take full advantage of the system’s capabilities.

In conclusion, HRMS is a powerful tool that revolutionizes the way businesses manage their human resources. By streamlining HR processes, enhancing employee management, and improving overall efficiency, HRMS becomes an essential erp solution for companies of all sizes. Whether you need better payroll handling, performance tracking, or seamless employee data management, investing in a robust HRMS Software will help your business thrive.

3 Signs Your Current Commercial Property Management Software Is Failing You

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Efficient commercial property management software is crucial for maintaining smooth operations, enhancing tenant satisfaction, and maximizing profitability.

Not all software solutions are created equal, and an ineffective system can cause more harm than good.

Inefficient Workflow Management

Inefficient workflow management is a clear indicator that your current commercial property management software is failing. This issue manifests in slow, cumbersome processes and an inability to automate routine tasks, leading to significant operational bottlenecks.

Indicators

  • Frequent Manual Data Entry: If your team spends an excessive amount of time inputting data manually, your software isn’t effectively streamlining operations. Repetitive data entry tasks not only waste time but also increase the likelihood of errors.
  • Delayed Response Times to Tenant Requests: Slow response times to tenant inquiries and maintenance requests suggest that your software lacks the necessary tools for quick and efficient communication and task management.
  • Overwhelming Administrative Workload: When your staff is overwhelmed with administrative tasks that could be automated, it indicates that your software is not optimizing your workflows. This can lead to burnout and decreased job satisfaction.

Consequences

  • Decreased Productivity: Inefficient workflows reduce overall productivity. Staff members are bogged down by time-consuming tasks that could be automated, preventing them from focusing on more strategic activities.
  • Increased Operational Costs: The inefficiencies caused by poor workflow management can lead to higher operational costs. Manual processes require more labor, and errors can result in costly mistakes.

Poor Integration and Data Inconsistency

Poor integration and data inconsistency are significant signs that your property management software is underperforming. When your software cannot seamlessly integrate with other tools and systems, it creates silos of information and makes comprehensive data management challenging. This lack of integration leads to inconsistent data across platforms, complicating decision-making processes and daily operations.

Indicators

  • Repetitive Data Entry in Multiple Systems: If your team needs to enter the same data into multiple systems, it’s a sign that your software lacks proper integration capabilities. This redundancy not only wastes time but also increases the risk of data entry errors.
  • Inconsistent Information Between Platforms: Discrepancies in data across different platforms indicate poor synchronization. For instance, if tenant information in your CRM does not match the details in your accounting software, it can lead to confusion and mismanagement.
  • Difficulty in Generating Accurate Reports: Challenges in producing accurate, comprehensive reports suggest that data from various systems isn’t integrated effectively. Reliable reporting requires consistent and accurate data, which disjointed systems fail to provide.

Consequences

  • Decision-Making Based on Inaccurate Data: Making strategic decisions based on inaccurate or inconsistent data can have serious repercussions. Poor integration compromises the reliability of your data, leading to misguided decisions that can affect your business’s performance and growth.
  • Frustration Among Staff and Stakeholders: The inefficiency and inaccuracy resulting from poor integration can frustrate your staff and stakeholders. Constantly dealing with data inconsistencies and the need for repetitive data entry can lower morale and productivity.

Limited Access and Mobility

Limited access and mobility are critical issues that indicate your current commercial property management software is falling short. Modern property management requires the ability to manage properties and communicate with tenants from anywhere, at any time. If your software does not offer robust mobile access, it can hinder your ability to operate efficiently and respond promptly to tenant needs.

Indicators

  • Inability to Perform Key Tasks on the Go: If you find that essential tasks, such as approving maintenance requests or updating tenant information, can only be done from a desktop computer, your software lacks the necessary mobility. This restriction can delay critical actions and reduce overall efficiency.
  • Dependence on Desktop Access for Updates and Management: When property managers must rely on desktop access to perform updates and manage properties, it limits flexibility. Being tied to a desk can prevent managers from addressing issues promptly, especially during property inspections or emergencies.
  • Delayed Responses to Urgent Issues When Off-Site: Slow response times to urgent issues because of limited mobile access can lead to tenant dissatisfaction. Whether it’s a maintenance emergency or an important tenant inquiry, delayed responses can have negative consequences.

Consequences

  • Reduced Flexibility for Property Managers: Limited mobility means property managers cannot manage operations effectively while on the move. This lack of flexibility can hinder their ability to perform inspections, meet with tenants, and address issues in real-time.
  • Lower Tenant Satisfaction Due to Slow Response Times: Tenants expect timely responses to their inquiries and maintenance requests. Limited access to your property management software can delay these responses, leading to frustration and dissatisfaction among tenants.

How Odoo Can Enhance Commercial Property Management Software

Comprehensive Integration

Odoo offers seamless integration capabilities, connecting various modules into a single, unified system. This ensures data consistency and streamlined workflows. Key integrations include:

  • Accounting: Syncs with financial modules for accurate billing and expense tracking.
  • CRM: Manages tenant interactions and lead tracking efficiently.
  • Maintenance: Integrates maintenance requests with scheduling and task management.

Enhanced Mobility

With Odoo’s mobile app, property managers can handle tasks on the go, improving flexibility and responsiveness. Key mobile features include:

  • Real-Time Updates: Access and update property information from anywhere.
  • Task Management: Approve maintenance requests and communicate with tenants remotely.
  • Notifications: Receive instant alerts for urgent issues, ensuring timely responses.

Automated Workflow

Odoo automates routine tasks, freeing up time for more strategic activities. Automation features include:

  • Billing and Invoicing: Automatically generate and send invoices to tenants.
  • Lease Tracking: Monitor lease terms and automate renewal reminders.
  • Communication: Set up automated emails and notifications for tenants.

Detailed Reporting and Analytics

Odoo provides robust reporting and analytics tools, offering insights into property management operations. Benefits include:

  • Customizable Reports: Generate tailored reports to meet specific needs.
  • Performance Tracking: Monitor KPIs such as occupancy rates and rental income.
  • Trend Analysis: Analyze data over time to identify patterns and predict future performance.

User-Friendly Interface

Odoo’s intuitive design makes it easy for property managers to navigate and use the software. User-friendly features include:

  • Dashboard: Centralized dashboard for quick access to key metrics and tasks.
  • Search Functionality: Advanced search options to find property and tenant information quickly.
  • Customization: Customize fields and layouts to match specific property management needs.

If you are looking for the All-in-One Odoo ERP Software for Real Estate property management look no further than Oakland OdooERP.ae! Our comprehensive platform offers a variety of management features to streamline your workflow, improve communication, and boost your bottom line. From property management to lead marketing and sales, Our top-rated ERP Solution has everything you need to take your real estate business to high-level.

Top 10 ERP Software Solutions in the UAE for 2024

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1. Odoo ERP

Key Features

Modular Architecture

Odoo offers a flexible modular system that allows businesses to add functionalities as needed. This modularity ensures that businesses can scale their ERP system in alignment with their growth, adding new features without overhauling the entire system.

User-Friendly Interface

The interface of Odoo is designed to be intuitive and easy to navigate. Users, regardless of their technical proficiency, find it accessible and straightforward, which reduces the learning curve and enhances productivity from the outset.

Customization Options

Odoo’s open-source nature provides extensive customization options. Businesses can tailor the system to their specific requirements, ensuring that the ERP solution fits perfectly with their unique operational needs.

Benefits

Scalability

Odoo is ideal for both small businesses and large enterprises due to its scalable nature. As a business grows, Odoo can expand with it, ensuring that the ERP system remains relevant and effective at all stages of business development.

Cost-Effective

One of the standout features of Odoo is its affordability. It offers a free Community edition and competitively priced Enterprise editions, making it a cost-effective choice for businesses looking to maximize their ROI on ERP investments.

Integration Capabilities

Odoo integrates seamlessly with a wide range of third-party applications, providing businesses with the flexibility to connect their ERP system with other essential software tools. This capability enhances the overall functionality and efficiency of business operations.

Implementation

Cloud and On-Premise

Odoo offers both cloud-based and on-premise deployment options, giving businesses the flexibility to choose the implementation that best suits their operational needs and IT infrastructure.

Support Services

Comprehensive support services are available, including tutorials, forums, and direct customer service. This ensures that businesses can quickly resolve any issues and keep their ERP system running smoothly.

Training Resources

Extensive training materials are provided to help users and developers become proficient with Odoo. These resources include online courses, documentation, and community forums, ensuring that users can fully leverage the capabilities of the ERP system.

2. SAP ERP

Key Features

Advanced Analytics

SAP ERP includes powerful analytics tools that process real-time data, enabling businesses to make informed decisions swiftly. These tools offer deep insights into business operations, financial performance, and market trends.

Comprehensive Modules

SAP ERP boasts an extensive range of modules covering all critical business functions, including finance, human resources, supply chain management, and customer relationship management. This comprehensive suite ensures that all aspects of a business are integrated and streamlined.

Global Reach

Designed for multinational corporations, SAP ERP supports multiple currencies, languages, and international compliance standards. This global capability ensures seamless operations for businesses with international footprints.

Benefits

Robust Security

High-level security features in SAP ERP protect sensitive business data from unauthorized access and cyber threats. Advanced encryption, access controls, and regular security updates ensure data integrity and confidentiality.

Scalability

SAP ERP is built to handle the needs of large enterprises, making it highly scalable. Whether expanding into new markets or increasing operational capacity, SAP ERP can grow with the business without compromising performance.

Integration

Seamless integration with other SAP products and third-party applications enhances the functionality of SAP ERP. This interoperability ensures that businesses can create a cohesive and efficient IT ecosystem.

Implementation

Professional Services

SAP offers professional implementation services to ensure a smooth transition. These services include project management, system configuration, data migration, and user training, ensuring the ERP system is tailored to the specific needs of the business.

Custom Solutions

Tailored solutions address the unique requirements of different industries. SAP consultants work closely with businesses to customize the ERP system, ensuring it aligns perfectly with operational workflows and business objectives.

Ongoing Support

Continuous support and regular updates keep the SAP ERP system running optimally. SAP provides a range of support services, including technical assistance, troubleshooting, and system maintenance, to ensure long-term success.

3. Oracle NetSuite

Key Features

Cloud-Based

Oracle NetSuite is a fully cloud-based ERP solution, providing businesses with the flexibility to access their system from anywhere, at any time. This cloud-based approach ensures scalability, data security, and reduced IT costs.

Real-Time Data

Real-time data processing capabilities enable businesses to make timely and accurate decisions. NetSuite’s real-time analytics provide insights into financial performance, inventory levels, customer behaviors, and more.

Comprehensive Suite

NetSuite covers a wide range of business functions, including financial management, customer relationship management (CRM), e-commerce, and supply chain management. This comprehensive suite ensures all business operations are integrated and streamlined.

Benefits

Flexibility

NetSuite is highly flexible and customizable to meet the diverse needs of various industries. Businesses can tailor the system to their specific requirements, ensuring it supports their unique operational processes.

Scalability

Suitable for businesses of all sizes, NetSuite can scale as the business grows. Whether a small startup or a large enterprise, NetSuite can expand to accommodate increasing demands and complexities.

User-Friendly

NetSuite features a clean and intuitive interface that is easy to navigate. This user-friendly design reduces the learning curve and increases user adoption, enhancing overall productivity.

Implementation

Quick Deployment

NetSuite offers a rapid deployment process, helping businesses get up and running quickly. This quick start approach minimizes downtime and accelerates the time to value.

Expert Support

Access to a network of certified implementation partners ensures expert support throughout the deployment process. These partners provide the necessary expertise to configure and optimize the system according to business needs.

Training Programs

Comprehensive training programs are available to ensure users can fully leverage the capabilities of NetSuite. These programs include online courses, documentation, and hands-on training sessions to build user proficiency.

4. Microsoft Dynamics 365

Key Features

Integrated CRM and ERP

Microsoft Dynamics 365 seamlessly merges CRM and ERP functionalities into one platform. This integration ensures that customer data and business processes are aligned, providing a unified view of the business and enhancing customer relationship management.

AI and Machine Learning

Advanced AI and machine learning capabilities are embedded within Dynamics 365, offering predictive insights that help businesses make informed decisions. These features aid in forecasting, identifying trends, and automating routine tasks to increase efficiency.

Customizable Modules

Dynamics 365 offers highly customizable modules to fit the unique needs of various industries. Businesses can choose from a range of modules such as finance, sales, customer service, and operations, and tailor them to their specific operational requirements.

Benefits

Seamless Integration

Dynamics 365 integrates seamlessly with other Microsoft products like Office 365 and Power BI. This interoperability allows businesses to leverage existing tools and streamline their workflows, enhancing overall productivity.

Cloud and On-Premise Options

Businesses have the flexibility to deploy Dynamics 365 either in the cloud or on-premise, depending on their needs and IT infrastructure. This flexibility ensures that the ERP system can adapt to different business environments and requirements.

Enhanced Collaboration

With tools designed to improve collaboration and communication, Dynamics 365 enhances team productivity. Features like shared dashboards, real-time data sharing, and collaborative workspaces enable teams to work together more effectively.

Implementation

Flexible Deployment

Dynamics 365 offers flexible deployment options, allowing businesses to choose the best fit for their operations. Whether opting for a cloud-based solution for scalability or an on-premise setup for control, Dynamics 365 caters to diverse needs.

Expert Consultation

Microsoft provides expert consultation services to help businesses select and implement the right modules. Consultants work closely with businesses to understand their requirements and configure the system for optimal performance.

Ongoing Support

Continuous support and regular updates ensure that Dynamics 365 remains current and effective. Microsoft offers extensive support services, including technical assistance, troubleshooting, and system maintenance.

5. Epicor ERP

Key Features

Industry-Specific Solutions

Epicor ERP is designed with industry-specific solutions that cater to the unique needs of sectors such as manufacturing, distribution, and retail. These tailored solutions ensure that the ERP system aligns perfectly with industry practices and requirements.

Scalable Architecture

The scalable architecture of Epicor ERP allows businesses to grow without needing a complete system overhaul. This scalability is crucial for businesses looking to expand their operations and increase their market presence.

Real-Time Analytics

Epicor ERP includes robust real-time analytics that provide deep insights into business operations. These analytics help businesses make data-driven decisions, optimize processes, and improve overall performance.

Benefits

Customization

Epicor ERP offers a high level of customization, enabling businesses to tailor the system to their specific needs. This flexibility ensures that the ERP solution fits seamlessly with existing processes and workflows.

User-Friendly

The user-friendly interface of Epicor ERP is designed to be accessible to users of all technical skill levels. This ease of use reduces the learning curve and enhances productivity, making it easier for employees to adopt the system.

Integration

Epicor ERP integrates well with various third-party applications and existing systems. This interoperability ensures that businesses can create a cohesive IT environment, enhancing the efficiency of their operations.

Implementation

Implementation Services

Epicor provides comprehensive implementation services to ensure a smooth transition to the new ERP system. These services include project management, system configuration, and user training, ensuring that the system is set up correctly from the start.

Training and Support

Extensive training and support resources are available to help users get the most out of Epicor ERP. These resources include online tutorials, documentation, and live support, ensuring that users can effectively utilize the system.

Cloud and On-Premise Options

Businesses can choose between cloud-based and on-premise deployments, depending on their specific needs and infrastructure. This flexibility ensures that Epicor ERP can adapt to different business environments and operational requirements.

6. Infor ERP

Key Features

Industry-Specific Modules

Infor ERP offers tailored modules for various industries, including manufacturing, healthcare, and retail. These industry-specific solutions ensure that the ERP system meets the unique requirements and challenges of each sector.

Cloud-Based

Infor ERP is a cloud-based platform, providing businesses with the flexibility to access their data and applications from anywhere. This cloud infrastructure supports scalability, real-time updates, and reduced IT costs.

AI-Driven Insights

Advanced AI-driven insights are integrated into Infor ERP, enabling businesses to leverage data analytics for better decision-making. These insights help in predicting trends, optimizing operations, and enhancing overall efficiency.

Benefits

Scalability

Infor ERP is designed to scale with the business, accommodating growth and increasing complexity. This scalability makes it suitable for both small businesses and large enterprises.

User Experience

Infor places a strong emphasis on user experience, offering an intuitive and user-friendly interface. This focus on usability ensures quick adoption and reduces the need for extensive training.

Integration

Infor ERP integrates seamlessly with other Infor products and various third-party applications. This integration capability ensures that businesses can create a cohesive and efficient IT ecosystem.

Implementation

Consultation Services

Infor provides professional consultation services to assist businesses in implementing their ERP system. These services include needs assessment, system configuration, and project management to ensure a smooth deployment.

Training Programs

Comprehensive training programs are available to help users get the most out of Infor ERP. These programs include online courses, workshops, and personalized training sessions.

Support Services

Infor offers ongoing support services to ensure that the ERP system remains effective and up-to-date. This support includes technical assistance, troubleshooting, and regular system updates.

7. Acumatica

Key Features

Cloud ERP

Acumatica is a fully cloud-based ERP solution, providing businesses with the flexibility to access their system from any location. This cloud architecture supports scalability, real-time data access, and lower IT overheads.

Modular Design

Acumatica features a modular design, allowing businesses to select and implement the modules that best fit their needs. This modularity ensures that the ERP system can grow and evolve with the business.

Real-Time Visibility

Acumatica provides real-time visibility into business operations, offering dashboards and reports that deliver critical insights. This real-time data access helps businesses make informed decisions quickly and efficiently.

Benefits

Cost-Effective

Acumatica offers competitive pricing plans, making it an affordable ERP solution for businesses of all sizes. Its cost-effective nature ensures a high return on investment for businesses looking to streamline their operations.

User-Friendly

The user-friendly interface of Acumatica is designed to be accessible to users of all skill levels. This ease of use reduces the learning curve and increases productivity across the organization.

Customization

Acumatica is highly customizable, allowing businesses to tailor the system to their specific operational needs. This customization capability ensures that the ERP solution fits perfectly with existing processes.

Implementation

Quick Start

Acumatica offers a rapid implementation process, helping businesses get up and running quickly. This quick start approach minimizes downtime and accelerates the time to value.

Expert Support

Access to a network of certified implementation partners ensures expert support throughout the deployment process. These partners provide the necessary expertise to configure and optimize the system according to business needs.

Training Resources

Extensive training materials and resources are available to help users and developers become proficient with Acumatica. These resources include online tutorials, documentation, and community forums.

8. Tally ERP

Key Features

VAT Compliance

Tally ERP is designed to comply with VAT regulations, making it an ideal choice for businesses in the UAE. It simplifies VAT filing and ensures that all financial transactions are accurately recorded.

Accounting and Finance

The software includes comprehensive accounting and finance modules, covering everything from ledger management to financial reporting. This ensures that businesses can maintain accurate financial records and generate detailed reports.

Inventory Management

Tally ERP offers robust inventory management capabilities, allowing businesses to track stock levels, manage reorders, and monitor inventory movements. This helps in optimizing stock levels and reducing carrying costs.

Benefits

Ease of Use

Tally ERP is known for its user-friendly interface, which simplifies navigation and reduces the learning curve. This makes it accessible to users with varying levels of technical expertise.

Affordability

As a cost-effective solution, Tally ERP is suitable for small and medium-sized businesses. Its affordability ensures that businesses can implement a robust ERP system without a significant financial outlay.

Scalability

Tally ERP can scale with the business, accommodating growth and increasing complexity. This scalability ensures that the system remains relevant and effective as the business expands.

Implementation

Local Support

Tally ERP provides local support in the UAE, ensuring that businesses have access to timely assistance. This support includes technical help, training, and troubleshooting.

Training Programs

Comprehensive training programs are available to help users become proficient with Tally ERP. These programs include online tutorials, workshops, and personalized training sessions.

Custom Solutions

The system can be customized to meet the specific needs of different businesses. This customization ensures that Tally ERP aligns perfectly with existing processes and workflows.

9. Focus ERP

Key Features

Comprehensive Modules

Focus ERP offers a wide range of modules that cover all critical business functions, including finance, HR, inventory, and sales. This comprehensive coverage ensures that all aspects of the business are integrated and streamlined.

Real-Time Data

The software provides real-time data processing, allowing businesses to make informed decisions based on up-to-date information. This real-time visibility enhances operational efficiency and decision-making.

User-Friendly Interface

Focus ERP features an intuitive and easy-to-use interface, which simplifies navigation and reduces the learning curve. This accessibility ensures quick adoption and increased productivity.

Benefits

Scalability

Focus ERP is designed to scale with the business, accommodating growth and increasing complexity. This scalability makes it suitable for businesses of all sizes, from startups to large enterprises.

Integration

The system integrates seamlessly with various third-party applications and existing systems. This integration capability ensures that businesses can create a cohesive IT environment.

Customization

Focus ERP offers a high level of customization, allowing businesses to tailor the system to their specific needs. This flexibility ensures that the ERP solution fits seamlessly with existing processes.

Implementation

Professional Services

Focus ERP provides comprehensive implementation services to ensure a smooth transition to the new system. These services include project management, system configuration, and user training.

Training and Support

Extensive training and support resources are available to help users get the most out of Focus ERP. These resources include online tutorials, documentation, and live support.

Flexible Deployment

Businesses can choose between cloud-based and on-premise deployments, depending on their specific needs and infrastructure. This flexibility ensures that Focus ERP can adapt to different business environments.

10. Sage ERP

Key Features

Advanced Functionality

Sage ERP offers advanced features for accounting, finance, and more, providing businesses with the tools they need to manage their operations effectively. These features include detailed financial reporting, asset management, and payroll processing.

Industry-Specific Solutions

The software provides tailored solutions for different industries, ensuring that the ERP system meets the unique requirements of various sectors. This industry-specific approach enhances the relevance and effectiveness of the system.

Cloud and On-Premise Options

Sage ERP can be deployed either in the cloud or on-premise, giving businesses the flexibility to choose the best option for their needs. This flexibility supports scalability and data security.

Benefits

Scalability

Sage ERP is designed to grow with the business, accommodating increased complexity and operational demands. This scalability ensures that the system remains effective as the business expands.

User-Friendly

The system features an intuitive interface that simplifies navigation and reduces the learning curve. This user-friendly design ensures quick adoption and enhances overall productivity.

Integration

Sage ERP integrates seamlessly with other Sage products and various third-party applications. This integration capability ensures that businesses can create a cohesive and efficient IT ecosystem.

Implementation

Expert Consultation

Sage provides expert consultation services to help businesses select and implement the right solution. Consultants work closely with businesses to understand their needs and configure the system for optimal performance.

Training Programs

Comprehensive training programs are available to ensure that users can fully leverage the capabilities of Sage ERP. These programs include online courses, workshops, and personalized training sessions.

Ongoing Support

Continuous support and regular updates ensure that the Sage ERP system remains current and effective. Sage offers a range of support services, including technical assistance, troubleshooting, and system maintenance.

If you are looking for an ERP software to streamline your business, you can approach us. We are an award-winning ERP Consultant in UAE with a proven track record of success in helping businesses like yours. Offering industry-specific expertise and comprehensive support, we ensure your transition to ERP is smooth and successful. Explore our wide range of solutions we offered and find the perfect fit for your business.

The Benefits of Adopting Financial Asset Management Software

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Business success can depend on how well you manage your finances. Businesses receive and pay money daily, they have installments, and late payments. Analyzing historical financial data and deciding how much to allocate for each project or department is vital, yet difficult and time-consuming.

Financial Asset Management Software like Odoo can offer a quick and effective solution to those problems while also offering plenty of other benefits for businesses such as yours.

Save Time with Automated Processes

One of the primary advantages of using asset management software like Odoo is the significant time savings for businesses. Automation of routine tasks, such as invoice generation and accounts reconciliation, streamlines financial operations.

This efficiency allows companies to focus more on strategic activities rather than getting bogged down by administrative tasks.

Asset management software like Odoo automates routine tasks. Examples include:

    • Automated Invoice Generation: Instead of manually creating invoices, the software generates them automatically based on client data and purchase history.
    • Accounts Reconciliation: It simplifies the process of matching bank statements with company records, reducing errors and saving time.

This automation frees up time, allowing businesses to develop growth strategies. Instead of spending hours on paperwork, teams can focus on market analysis and expansion plans.

Worldwide Compatibility: A Global Solution

Odoo Accounting shines in its ability to adapt to various international financial standards. The Fiscal Localization Packages come pre-configured according to a country’s specific tax regulations, fiscal positions, and legal statements. This feature ensures that businesses can operate seamlessly in any country, adhering to local financial norms right from the start.

Businesses can expand globally without worrying about financial compliance issues. This is crucial for:

    • Multinational Corporations: They can manage finances across different countries from a single platform.
    • Startups Looking to Scale: Enables them to enter new markets with ease, understanding and adhering to local financial laws.

Mobile Apps for On-the-Go Management

Odoo’s native iOS and Android apps are a game changer. They offer full feature coverage, ensuring that users have access to all necessary tools even with slow internet connections. This mobility enhances flexibility and responsiveness, enabling financial managers to have:

    • Remote Access: Financial managers can review and approve transactions, even when away from the office.
    • Real-Time Decision Making: Quick access to financial data allows for immediate, informed business decisions.

Efficient Multi-Company Management Software

For conglomerates or businesses with multiple subsidiaries, Odoo’s asset management system offers an efficient solution. A single subscription covers all subsidiaries, providing real-time consolidation reports and the ability to automate intercompany transactions.

This integrated approach simplifies financial management across the entire business group but it especially benefits:

    • Conglomerates: They can manage diverse business units efficiently without needing separate systems for each.
    • Growing Businesses: As businesses expand and acquire new units, they can easily integrate them into their existing Odoo system.

Enhanced Accounts Receivable and Payable

Odoo streamlines both receivables and payables. With attractive invoice templates, businesses can customize documents to align with their brand identity.

The asset management software also automatically creates draft invoices based on various triggers, like sales orders or delivery orders, ensuring that invoicing is timely and accurate. Odoo can help businesses improve cash flow management and simplify credit notes and refunds. Odoo offers:

    • Customizable Invoice Templates: Businesses can design invoices that reflect their brand, enhancing their professional presentation.
    • Automatic Draft Invoice Creation: Based on triggers like sales or delivery orders, it ensures timely and accurate billing.
    • Faster Payment Cycles: Attractive, accurate invoices can lead to quicker client payments.
    • Reduced Billing Errors: Automated invoicing minimizes the chances of human error, leading to smoother client and vendor relations.

How to get Odoo Financial Asset Management Software?

While simple financial software can suffice for basic accounting, achieving superior results demands a solution tailored precisely to your specific business needs. That’s where Oakland OdooERP.ae excels. By customizing Odoo’s open-source software, we can craft a financial asset management software that aligns seamlessly with your operations.

Whether you need specialized inventory tracking, complex project cost calculations, or integrations with your unique sales platforms, OdooERP.ae ERP Development Company in UAE can adapt Odoo to provide the insights and automation necessary to bolster your decision-making and maximize financial efficiency.

Streamline your business with UAE-focused cloud ERP financial management software solution. We’re a top ERP Service Providers in UAE, offering tailored solutions for any size business.

What is the next step to get the CUSTOMIZED ODOO LOCAL ERP SYSTEM? Simply click here to fill out the form, and our consultant will handle the rest.

How to Run a Property Rental Business in Odoo

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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 amenity issues. 

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.

A Comprehensive Guide to Odoo 17 Key Features

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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. 

  1. 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.
  2. 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.
  3. 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.
  4. 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.

  1. Self-Order Functionality (Kiosk Mode): Customers can place orders through an intuitive self-service interface, referred to as ‘Kiosk Mode’.
  2. 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.
  3. Combo Product Functionality: Businesses can now configure and sell combo products in the POS.
  4. 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.
  5. Payment Integration and Management: Payment Terminal Machine (PTM) is now integrated for payment processing, providing customers with a broader range of payment methods.
  6. 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.
  7. 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.

Need help upgrading to Odoo 17? Contact us now and let us help you.

Reasons to Invest in HR Cloud Solutions for Human Resource Management

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Imagine how successful your business will be with a competent staff working in a good environment, and think of the extra opportunities you will get, and the additional revenue generated. Do you want to turn this wish into reality? we can make it happen with an HR Cloud Solutions.

Having a productive and dynamic HR department is key to attract and retain top talent and then provide the perfect environment to let help make every effort to accomplish tasks. Take a step towards improving your staff and equip your HR department with the all the tools they need in one software, the amazing Odoo HR Software.

We design and create Odoo Cloud Solutions for HR Management to help each company boost performance and productivity. Here are some of what it can do to your company.

Frees up your HR management to focus on boosting productivity

Recruitment and onboarding can also be time-consuming and take up valuable time that could be spent on other tasks like improving staff performance and solve problems that slows down your business.

Since they are essential to the company, Cloud based HR Solutions presented an answer called automation. Most of the tasks related to recruitment is recurrent yet takes a lot of time to be done with, but when you automate the process, you will only have to do the basics, and leave the repetitive part to the software.

Link Odoo to your website or recruitment websites (such as linked in and indeed), and let it organize the CVs for you and automatically screen resumes and schedule interviews for candidates based on predefined criteria reducing the time needed to find a talented team.

It can also provide a self-service portal for employees to manage their own information:

  • Personal details
  • Benefits
  • Leave requests
  • Performance reviews

Improves Performance Management with Cloud Based HR Solutions

Increase your revenues and profits or even double them solely by using the best HR Cloud Solutions to boost your teams’ performance. Our HRMS or HR Management System Software is loaded with features to assess performance and identify weaknesses which are vital to let you come up with solutions.

Our cutting-edge HR Software, designed to streamline performance management more effectively.

Odoo loaded the HR Software Systems with advanced analytics and customizable metrics to help you reach goals faster. Just set your goals, and monitor the progress with each task in real time as you also have access to valuable information such as:

  • Who is responsible for each task
  • How fast they are working
  • Did they achieve their target

Monitoring is not all what HR Software can do, you can also contact your team and add notes that you think can help them work smarter.

Enhances Attendance Monitoring

You do not need us to tell you how difficult it is to track and monitor your employee’s attendance, and how important it is to monitor when each employee comes and leaves. Even when you have devices to record time and date, you still have to manually create reports and calculate the effect of each event.

Work smarter and integrate odoo into your system to help you manage the attendance.

Set your own rules for attendance and overtime and let the system calculate overtime payments and late arrival deductions. You can also get daily, weekly, or monthly attendance sheets generated automatically. Choose to have it for all employees, or a specific one.

Calculates salaries fast

Let’s face it, the main reason people work is the money. Your employees appreciate having their salaries on time every month, but for the company this can be quite complex especially if they have a commission on sales or are paid per time.

Do not worry and put the problem behind your back with our Odoo ERP Software, because it can make salary calculation like a breeze. Odoo HRMS can be linked to your attendance tables to add any overtime automatically, and to sales data to add the commission for completed transactions.

Our HR System does not only determine employees’ benefits, but also deductions and taxes. it is a good tool to track your finance services and ensure your business compliance with laws and regulation.

Improve Employee Self-service

Let me ask a question, why would you waste time and resources on doing something you can have the machines do for you? is not that the direct opposite of productivity? Since Odoo HR Management System Software is all about productivity, we ensured it can facilitate employee’s self-service.

Do not waste your resources on tasks like issuing routine documents, just leave it to the software and let your employees have faster access to information like:

  • Contact details
  • Emergency contacts
  • Bank account information
  • Tax forms
  • Benefits enrolment

All you need to do that is to provide your employees with a self-service portals and let them request documents as they need them. Self-service portals can also allow employees to request time off, view their current vacation and sick leave balances, and track the status of their requests.

With the system all your HR managers need to do is to approve the request and leave the rest to the HRMS Systems. Plus, they can have insights and fast access to vital information to ensure approving the document does not affect the flow of the business.

If you’re managing large employee teams and seeking HRMS Cloud Solutions to streamline operations, boost efficiency, and employees’ well-being, we’ve got you covered! Schedule a Free Consultation to discuss your unique business needs and see how we can help you achieve efficiency and growth.