There is no denying that Enterprise Resource Planning or ERP is a core part of today’s new-age businesses. When talking about ERP, one of the terms that comes to mind is Odoo.
Acronym for On-Demand Open Object, Odoo ERP software is one of the most popular ERP solutions available today. Thanks to its wide collection of modules, customizable, scalable, and user-friendly elements, and availability of thousands of plugins, Odoo remains the preferred choice of organizations.
This largest selling software understands the importance of continuous improvement, which makes it all the more attractive. It comes with new enhancements every year. The latest version is the Odoo ERP 14. Understanding its features will enable you to make the right choice for your business. It will also help you estimate the time and effort required in implementing Odoo ERP software.
In this article, we will take you through some of the new improvements and features of Odoo 14.
Odoo Version 14 Features
One of the additions to the new version of Odoo is the ‘create new’ feature. Whether you’re implementing Odoo manufacturing module or a CRM module, when you create a new entry for a product, contact, customer, etc. this feature occurs. For instance, if you are adding a new product, you will see a drop-down menu with options of ‘create’ and ‘create and edit’ as you type in the words.
Novel Elements in Sales
From customer data to the sales representative responsible, Odoo streamline sales in many ways for companies. The new version comes with several features that further improve the efficiency of the process. This includes:
Next Activity: The tab displays the next step or action to be taken in the sales funnel. By simply viewing the task, sales representatives can take action to fasten the process. This feature of Odoo ERP software also enables easy tracking, problem-solving, and better customer service.
Price List Generation: Another functionality allows users to generate price lists from the product section itself. You can find the option under the ‘action’ tab.
Improvements in Purchase
The latest version of Odoo ERP software also brings efficacy to the purchase process. Like in the sales module, it allows you to track the ‘next activity’ to quicken the process. In addition to that, you can also evaluate performance via the Key Performance Indicator on individual user dashboards.
Additions to Manufacturing
Implementing Odoo manufacturing module is a boon to many organizations. Now, Odoo 14 brings in innovative features to help organizations raise their productivity.
In Odoo 14, you can label the status of your manufacturing order (MO) to track progress. Managers or Supervisors can also lock quantities by selecting the option when creating an MO to reduce errors in product count. It also allows you to edit the stages of operations and run the scheduler (in the planning menu) on the work order dashboard, bringing efficiency to the overall process.
Cleaning of Data
One of the biggest issues in ERP implementation is the duplication of data. The newest version of Odoo ERP software addresses the problem by introducing the data cleaning module. This module clears any duplicate information to ensure there’s reduced data redundancy. A great relief for large organizations or those seeking to scale!
Refinements in the Website Module
Whether you want to display website traffic or represent information in easy-to-understand graphs, the latest Odoo ERP software has it all. The snippet feature ranges across various functions, letting you build a user-friendly, appealing website. What are these snippets?
Now you can organize and present heaps of qualitative and quantitative data in a chart format of your choice. Use vertical or horizontal bar graphs, line charts, pie charts, doughnuts, or a radar chart to represent information.
Odoo 14 comes with snippets to define the steps involved in a process. For example the online shopping process or payment process.
This widget in the website module is beneficial as it showcases different events. It allows you to view and manage sales, web traffic, etc.
Odoo 14 introduces a product catalog snippet. With this, you can tailor existing templates to suit your specific business needs.
By enabling this feature you can provide your customers with quick access to running promotions and offers on your website.
Likewise, there are several other snippets like timeline, number, masonry, product list, etc. available to help you develop an intuitive, easy-to-navigate website.
While this was a gist of some of the important changes, Odoo ERP software has much more to offer. Odoo experts at Control ERP can take you through them all in detail and help you implement them to allow you to reap the benefits of growth and efficiency.