Today we will talk about what an ERP system is and why it is important for business. This article will help you understand how ERP systems can improve your company’s work and why you should pay attention to the solution offered by our friends at ToDo. Interested? Lets start!

What is ERP system?

ERP (Enterprise Resource Planning) is an enterprise resource management system. In simple terms, the ERP system combines all the important processes of the company on a single platform.

Instead of using multiple different programs to manage finances, inventory, sales, and personnel, you use a single system into which any function you need can be integrated.

Why do you need an ERP system?

ERP (Enterprise Resource Planning) systems cover the management of various aspects of company activities. They include finance, logistics, inventory management, production, human resources and many other operational areas.

ERP allows you to combine all these processes, giving the company an in-depth overview of its operations. In short, ERP systems are such multifunctional software that you can install every function you need.

The software processes data related to the company’s activities. This includes financial data, inventory data, production data, etc. may contain.

When it comes to centralization of data, ERP systems combine data from different sources and thus provide centralized access to them for different departments of the company.

How does the ERP system work?

There are different ERP systems, but today we will talk about modular ones. Such an ERP system consists of many modules, each of which is responsible for a specific aspect of the business.

These modules may include management of finance, production, sales, inventory, personnel and much more.

For example, the inventory management module tracks the amount of goods in the warehouse and can automatically replenish shortages; The personnel accounting module helps you keep the records of your company’s employees in a more structured way.

Examples of using the ERP system

Let’s look at some examples of what an ERP system can do:

1. Integration of processes — ERP allows the company to combine all its operational processes into a single integrated ecosystem.

You monitor, control and make management decisions based on data from all departments of the company (finance, logistics, production, sales, marketing and others). ERP class system — maximum business processes in one place.

2. Increased productivity – thanks to the automation of most processes, the company becomes more productive and can therefore focus on strategic tasks.

3. Enhanced reporting — you can create a variety of reports that will make it easier for you to make informed management decisions.

Why choose Odoo?

Odoo is a Belgian ERP system that offers a modular approach to solving the problem of enterprise optimization and automation.

You can get detailed information about the features and functionality of this system from the material prepared by our friends and experts with more than 20 years of experience in automation – ToDo.

We propose to evaluate the advantages that Odoo ERP offers you with examples:

1. Multifunctionality — the system has a significant number of modules that allow automating almost all business processes in the organization. A single system for many tasks that allows you to escape the “program zoo”.

2. Modularity – the company can only implement the modules it plans to use in any order.

3. Deployment — Odoo has more than 7 million users and more than 1,900 integrator partners in more than 120 countries.

4. Adaptability — Marketplace Odoo has over 39,000 apps and integrations to extend the functionality already available in the system, and most of them are free.

5. Integrity — the software allows you to automate the entire interaction chain, from the first contact with the customer to the closing of the deal and repeat sales.

6. Technology — The system is available via web and mobile application, allowing the user to be anywhere in the world and organize a single workspace for a network of branches.

7. Universality — The system is suitable for both small companies and large-scale businesses. It has a built-in company website designer that saves money on the creation and layout of the layout and is also ideal for companies operating in e-commerce.

8. Transnationality — the product is used by companies in different countries of the world, which allows it to work with any foreign market. So, if the company plans to enter the European market, for example, it is already ready for this with Odoo.

9. Competitiveness – Odoo’s functionality competes successfully with other major systems: SAP, Microsoft, Terrasoft, etc. and the price is lower.

Results

ERP system is an important tool for business management that helps integrate all the company’s business processes on a single platform, increase efficiency and improve management.

The Odoo system offers many opportunities to optimize the work of your business. If you want to learn more about how Odoo ERP system can help your business, we recommend contacting ToDo experts because they have been automating and optimizing business processes for over 20 years and know how to configure the system to work for you. with maximum efficiency.

Odoo will help you implement the erp system and provide all the necessary support. Order a consultation or demo presentation today, where an expert from the ToDo team will clearly show you all the features of the system in practice!