7 Reason Why you Should Hire Odoo Company for your Business
Odoo ERP gives organisations the ability to analyse business conditions to develop improved business plans, monitor and measure progress and provide the visibility into day-to-day operations. So if you are using an old monolithic system you might not be able to make the right decisions fast enough to grow your business. Here are some of the reasons why you need to consider your options seriously:
1. Single source of the truth: Decisions made from a clear common perception of how the business is performing gives any company a competitive advantage. When all data is consistently stored in one place and accessed independently, regardless of if it’s used for financial reporting, operational control or budgeting/planning, the business can provide a superior customer experience. This is a serious advantage in crowded, complex or fast-moving markets.
2. Accurate and timely insight: The need for information to be delivered to the wider enterprise in order to aid decision making has never been greater. You should be able to run reports at any time and on any device so that decision-makers can gain insight into the current state of the overall business as well as specific areas for concern. Accurate and timely insights can help managers proactively make adjustments at any time. Coupled with the ability to drill into the details behind the information, this gives managers the empirical data they need in order to make the best decisions, rather than perhaps having to rely on their gut-feel.
3. Real-time data: Decisions should be based on the most up to date real-time information, not traditional reports which are out of date as soon as they are created. Businesses that rely on real-time data can make immediate decisions about how to change what they’re doing leading to greater customer satisfaction, operational efficiency, and business performance.
4. In context analytics: Getting the right information to the right person at the right time, at the pace your business demands can make a difference between closing or losing a deal. Accessing in-context information by choosing to follow an entity or object within the system or by subscribing to notification streams will enable decision-makers to not only view the data they need but also place it within the right context so that the right decision can be made. An Odoo ERP platform enables the flow of information and processes—to support the highest visibility and efficiency across the value chain—and put those into the right context so that the insight is transparent to users.
5. Automating decisions: Smart businesses know that by automating the right decisions, staff can be freed up to use their initiative, experience and instinct to innovate and drive the business forwards. It makes little sense to have senior people making decisions that could easily be made within business systems. Setting up the right processes for automating decisions should be an easy process and with a flexible platform these processes can be adjusted and fine-tuned as the business changes and grows.
6. Workflows and alerts: Creating and enforcing unique business processes through workflows and alerts supports continuous improvement and increased productivity. Waste can be eliminated without major customisations and decision makers can focus on accessing the right data.
7. Knowledge base of resources: The principles of ERP are founded on the benefits of working together. Embedded within Odoo ERP, social functionality supports the fundamental shift in the way organizations collaborate, both internally and externally.
O2b Technologies being an Odoo partner we provide complete end to end support to our clients. We are an Odoo company whose aim is to make everyone’s life easier through Odoo ERP system. If you are looking for an ERP system contact our consultant to understand ERP systems.
1. Single source of the truth: Decisions made from a clear common perception of how the business is performing gives any company a competitive advantage. When all data is consistently stored in one place and accessed independently, regardless of if it’s used for financial reporting, operational control or budgeting/planning, the business can provide a superior customer experience. This is a serious advantage in crowded, complex or fast-moving markets.
2. Accurate and timely insight: The need for information to be delivered to the wider enterprise in order to aid decision making has never been greater. You should be able to run reports at any time and on any device so that decision-makers can gain insight into the current state of the overall business as well as specific areas for concern. Accurate and timely insights can help managers proactively make adjustments at any time. Coupled with the ability to drill into the details behind the information, this gives managers the empirical data they need in order to make the best decisions, rather than perhaps having to rely on their gut-feel.
3. Real-time data: Decisions should be based on the most up to date real-time information, not traditional reports which are out of date as soon as they are created. Businesses that rely on real-time data can make immediate decisions about how to change what they’re doing leading to greater customer satisfaction, operational efficiency, and business performance.
4. In context analytics: Getting the right information to the right person at the right time, at the pace your business demands can make a difference between closing or losing a deal. Accessing in-context information by choosing to follow an entity or object within the system or by subscribing to notification streams will enable decision-makers to not only view the data they need but also place it within the right context so that the right decision can be made. An Odoo ERP platform enables the flow of information and processes—to support the highest visibility and efficiency across the value chain—and put those into the right context so that the insight is transparent to users.
5. Automating decisions: Smart businesses know that by automating the right decisions, staff can be freed up to use their initiative, experience and instinct to innovate and drive the business forwards. It makes little sense to have senior people making decisions that could easily be made within business systems. Setting up the right processes for automating decisions should be an easy process and with a flexible platform these processes can be adjusted and fine-tuned as the business changes and grows.
6. Workflows and alerts: Creating and enforcing unique business processes through workflows and alerts supports continuous improvement and increased productivity. Waste can be eliminated without major customisations and decision makers can focus on accessing the right data.
7. Knowledge base of resources: The principles of ERP are founded on the benefits of working together. Embedded within Odoo ERP, social functionality supports the fundamental shift in the way organizations collaborate, both internally and externally.
O2b Technologies being an Odoo partner we provide complete end to end support to our clients. We are an Odoo company whose aim is to make everyone’s life easier through Odoo ERP system. If you are looking for an ERP system contact our consultant to understand ERP systems.
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