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Enterprise Resource Management

ERP
Author

Muhammed AliAug. 23, 2020

In the fast growing business environment the ability to respond customer needs and seize market opportunities is very difficult. Now the companies recognize that a high level of interaction and coordination along the supply chain  needed for their success. So enterprises are continuously striving to improve themselves in the areas of quality, time to market customer satisfaction, performance and profitability. A successful organization can gather and provide information across all functions and locations within the organization by Enterprise resource management system.

Enterprise Resource Planning

Enterprise resource management system describes a software that lets an enterprise manage user access to its network resources efficiently. Moreover it manages all the assets and resources of a business. These include basic applications, such as financial accounting and the management of liabilities and receivables from other companies, as well as the management of production, warehousing and human resources.

Today many software's are using for enterprise resource management. But Odoo is the popular and widely used software . Because it is very easy and flexible open source ERP software that helps in managing businesses and organizations. Odoo streamlines all management segments like accounting, warehouse management, human resource, customer relations under one roof, reducing overall operating costs. For other software's need to pay money on individual software for managing different segments. However by using Odoo, enterprise resource management system implementation is no more a heavy burden. And need to pay only for a single software, saving the resource for their better customization. It fits all categories of business running from smaller to medium and thereby larger enterprises.

Odoo enables a company to control user access to network resources. It allows users to access different systems and applications with the same password. So it makes easy for the enterprise to control and keep track of which systems and resources each user has access to. And provides consistent standards for creating and changing passwords. A system administrator can usually manage user access to all platforms and to the applications that require controlled access.

In Odoo the tracking of products are served with strong warehouse management module with end number of features ensuring productivity, efficiency, consistency and quality control. By effectively managing the internal and external locations, customers, suppliers or manufacturing inventories, they provide a real time data and precise business information, enabling better decision making among business circles. The strong warehouse management decreases the processing time, enabling workers to generate more quantity of work in less time as right resources are made available in right time.

A poor communication and failed collaboration often result in problems in data accessing. Odoo helps in executing the communication with utmost transparency. Instead of each department have its own information system, all relevant data can be shared and accessed in a single interactive database management system with built-in analytics and a dashboard. So one can access the data across all departments, initiating a better collaboration among the employees and various departments.

Odoo ERP software helps in deriving a real time data thereby enabling the organization in making better and vital information. This turns beneficial for management,marketing and accounting of the organization. Odoo software ensures a quick and speedy decision making. Which helping the teams to detect any potential issues bumping into productivity level. An overall report of operations allows the managers to make an effective decision on time and respond quickly.

The bottom line of any company is the growth in their production. Odoo ensures boost in productivity with increased transparency in business processes. With the help of Odoo, employees can shift their focus on managing enlarged volumes of business. This aids in transforming various features of business and overcoming the challenges involved in the business growth as well.

 

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