https://technogrips.com/blog/what-is-an-erp

WHAT IS AN ERP? IS AN Technogrips Technologies OpenERP is a software solution with a dual license model. It is an open source software with companies as a target group. The software applications for companies are wide-ranging : website & e-commerce, financial accounting (Fibu), CRM, project management, production, accounting, personnel management and document management. ERP stands for Enterprise Resource Planning, it means resource planning for companies . It is software developed for companies with extensive applications for bundling all relevant processes. ODOO AS A NEW VERSION OF OPEN ERP ODO0 WITH A COMPREHENSIVE PACKAGE It is a single and integrated tool that should contain all essential functions for companies. In this way, no different software needs to be used or integrated. In 2014 OpenERP was in ODO0 renamed .The principle of ERP is based on the use of several databases , the administration is carried out by a database management system. In this way, there is always a constantly updated view of the most important company processes. It is a comprehensive package of business applications including sales, CRM, project management, warehouse management, manufacturing, financial management and human resources. Odoo / OpenERP offers a selection of over a thousand modules. Odoo / OpenERP is available in the cloud or on- site and is best suited for small to medium businesses. With more than 1000 downloads /installations per day, Odoo / OpenERP is one of the most widely used open source solutions in the world. It has a dynamic community, is flexible and can be adapted to individual needs. LOWER TOTAL COST OF OWNERSHIP WHY ODO0? While it is clear that more functionality and better technology often offset the cost of an ERP system, it can be difficult to see beyond the initial investment. Cost savings in the following areas can often easily ustify spending on a new ERP system: operating costs administration costs, warehousing costs, obsolete tory and maintenance costs. Other tangible improvements are usually realized in other areas, sucl as percentage of finished and on-time delivery, reduction of lead time and total production output. Another improvement with an integrated system like Odoo / OpenERP is the availabilityon-demand and up- to-date reports that could take days, weeks, or month to create. Companies often make the mistake of Odoo offers a wealth of functionalities with over 1000 modules that can be used depending on the respective business requirements. Odoo / OpenERP is actively developed and supported by the community, and the functionality stack continues to grow. It is important to find an ERP system that has the required functionality. One of the first steps in any implementation is to analyze the company's processes. seeing an ERP system as a cost center and fail to recognize the potential for these improvements CONTACT: [email protected],ODO0 DEVELOPMENT COMAPANY