If you are into a business topic, you probably know that it is usually classified into small, medium, and large. The classification usually depends on the amount of employees working for a company. A medium business is usually a company that has from 100 to 499 workers.
It is important to note that sometimes small and medium businesses are considered to belong to the same category, but there are still some differences. First of all, if you have a medium business, you can easily hire management staff, while in a small business, you will make all decisions on your own. Also, a great benefit of running a medium business is the possibility of opening in more than one location.
But keep in mind that running such a business is not an easy task, and in order to achieve success, you will definitely need ERP, as it will complete many tasks instead of you. Of course, selecting the ERP for medium business is complicated, but we are here to share all the business secrets with you.
First, let’s clarify what ERP is. So, it is a system for automating all business processes of a company. Its main task is to increase general productivity by reducing the amount of manual operations, streamlining business processes within a company, and collecting and accumulating data. In other words, the ERP system is a tool that helps you manage business finances, human resources, customer relationships, and supply chain. Moreover, it is also responsible for manufacturing resource planning.
The Ideal ERP For Medium Business
When surfing the market in search of the perfect ERP software for your company, it is really easy to get lost and, as a result, fail in your mission. To avoid this, we will help you, and, thereby, save you a lot of effort and time. Odoo is considered an ideal ERP system for a medium business, as it consists of various modules for managing all the spheres of your business. lt significantly simplifies everyday tasks and reduces management time, as the modules of Odoo, which are separated by different spheres, are fully integrated.
This software system is your key to solving business problems. For example, marketing. Everyone knows that it is a huge part of a successful business. As a rule, if a company wants to attract more new clients, it releases various marketing moves, but very often, it can be quite difficult to know how effective they are. In simple words, Odoo shows where exactly the client learns about the company. That’s a perfect way to see the effectiveness of your marketing company.
Creating functional price lists is another problem you may face while running a business. You will probably agree that correctly calculating a product’s price with and without a markup can be a hard and time-consuming task. But you can forget about it with Odoo, as here, price lists are easy to form according to your needs. For example, you are able to set calculation formulas and the size of a markup.
The warehouse is probably one of the most important and complex parts of the system, as it is tightly connected with many other spheres. Warehouse Management System is a segment that operates warehouses and storage locations. Very often it is the warehouse that becomes the Achilles heel of the enterprise, as there are many losses of goods, and they are directly connected with warehouses. Odoo system will help you avoid such losses as it follows goods at their all stages.
Moreover, if you are doing the warehouse inventory, you will see the virtual storage location “Inventory losses” displayed in the inventory results. By the way, the double logistics entry method is always used when moving inventory around the warehouse. This method involves displaying the information about where the products come from and where they go.
Odoo For Medium Business: Who To Ask For Help
As you see, Odoo is a complex system which may be quite difficult to integrate it on your own. The good news is that there is a team to help you. VentorTech specialists have been helping various companies from different countries to improve their business processes with Odoo ERP since 2012. They will easily adapt Odoo to your needs by offering a vast range of services from Odoo development and implementation to Odoo training and consultation. Book a call with VentorTech team right now!
