In the open-source community, Odoo ERP has made quite an impression, being called one of the most popular ERP system on the internet. The large popularity of this ERP mostly owes it to the long list of modules you get. If the list of modules is making you confused or the existing modules of your ERP are just not working for you, this blog is for you. Here, we will cover all the key modules of Odoo ERP and what you need to keep in mind when selecting the right set of modules.
Overview of Odoo ERP Modules
Integrating Odoos modules is as easy as making purchases on the internet. It is due to its modular structure that this ERP has gained such massive acceptance globally. In addition, the list of modules by Odoo is diverse enough to streamline any and all kinds of industries. While this list can be hard to assess at a glimpse, we have categorized all key modules of Odoo ERP for easy reference.
Core Odoo ERP Modules
Just like the core foundation of a business, the core modules of Odoo are created to set the core business processes up for success. Here is the list of pre-installed and pre-configured ERP modules that set the core of the ERP system. Sales: Features like sales order management, quotation builder, invoicing, customer management, etc. CRM (Customer Relationship Management): Lead management, sales pipeline monitoring, and customer analysis capabilities on top of lead forecasts. Inventory Management: Access to real-time stock visibility, inventory adjustments, and warehouse management from any device. Accounting: Features that cover all financial operations, including automated bank reconciliations, tax calculations, invoicing, and expense tracking. HR (Human Resources): A complete hire-to-retire solution with recruitment, payroll, attendance tracking, and performance evaluation.
Advanced Odoo ERP Modules
Diving a little deeper, we get a list of the advanced modules of Odoo ERP. These features are free to configure and grow with your business demands. Listed below are all the advanced modules of ERP that you must consider integrating: Manufacturing: One place for managing bills of materials, work orders, and quality control processes. Project Management: Task management, timelines, and collaboration tools with multiple custom views for diversely unique teams. Purchase Management: One stop-shop to manage your suppliers, purchase orders, and procurement channels. E-commerce: A module to boost your online presence with online store integration, product management, and payment gateways. Point of Sale (POS): Bliss for retailers and restaurant owners through POS system integrations, inventory synchronizations, and customer management capabilities.
Specialized Odoo ERP Modules
Added to this lengthy list are some specialized modules of Odoo ERP that can give your business a leap into transformation. Here is your list of specialized Odoo ERP modules: Marketing Automation: One place for all your campaign management, lead nurturing, and email marketing needs. Helpdesk: Not just a module, but a means for you to connect with your customers with a support ticketing system and service level management. Field Service: Convenience of work management in your pocket, with mobile workforce management, task assignment, and time tracking.
How to Choose the Right Odoo Modules
Odoo ERP has more than 5 million active users at present, proudly being the number one most installed business software. But to say all of these business owners are at prime success would be misleading. But do these modules not guarantee you success? Well, yes and no. These modules centralize and smoothen up different business processes. But the role of modules ends there because it is you who picks the right modules based on your needs and resources. Where to get started, you may ask? Fret not because we have compiled a list of factors that can influence your choice of Odoo ERP modules. Business Requirements: There is a big gap between actual and actualized when it comes to module integration. While you might think that your ERP system needs modules for all your departments, don’t forget that this ERP system itself will need resources and a team to manage. Future Growth: Whether it is planned expansion or unplanned boom, you got to futureproof your ERP system. One way of doing that is to pick the right set of modules. Do your analysis and make realistic estimates to pick modules that allow you to scale up or down as needed. Integration Compatibility: All on-going businesses have a running combination of tools before they plan the big shift to ERP. Integrating modules and later facing compatibility issues can be catastrophic. Check carefully if the tool you are using is compatible with the ERP module.
Conclusion
We know that the first step towards digitalization is often the slowest one. But once this step is cleared, all your operations sail smoothly. Odoo ERP can be that first transformative step with its long list of basic and advanced modules. While we covered the main modules here, the list goes way beyond these few options. Point to consider is that you integrating all modules to the system is not only impractical but also overcomplicated. While at a base level, you can evaluate your needs and pick the bunch of modules you might need, the process is going to be full of trials and errors. Alternatively, you can cut through all these complexities with an industry expert like InnovateNow. Over some detailed discussions, we can evaluate your current and future requirements to customize every aspect of the ERP for you. All you need to do is sit back and let us handle everything from implementation to automation.