There’s no denying the pivotal role Enterprise Resource Planning (ERP) plays in modern businesses. And when it comes to ERP solutions, one name that invariably comes to mind is Odoo.
Abbreviated for On-Demand Open Object, Odoo ERP software stands out as one of the most sought-after ERP solutions in today’s market. Its extensive array of modules, customizable features, scalability, user-friendly interface, and vast library of modules make it the preferred choice for organizations worldwide.
This leading software solution continuously evolves, making it even more appealing to businesses. With new enhancements introduced every year, the latest iteration being Odoo ERP 14, understanding its features becomes imperative to make informed decisions for your business and gauge the implementation effort required.
In this article, we’ll delve into some of the new upgrades and features introduced in Odoo 14.
Odoo Version 14 Features
Introducing “Create New” Feature
A notable addition to the latest version of Odoo is the ‘create new’ feature. Whether you’re utilizing Odoo’s manufacturing module or its CRM functionality, this feature streamlines the process of creating a new entry for products, contacts, customers, and more. For instance, when adding a new product, you’ll encounter a dropdown menu offering options like ‘create’ and ‘create and edit’ as you type.
Enhancements in Sales
Odoo simplifies sales processes for businesses, from managing customer data to empowering sales teams. The latest version comes with several features that further enhance sales efficiency:
- Next Activity: This tab displays the subsequent steps or actions required in the sales pipeline. By simply reviewing the task, representatives can take action to expedite the process, facilitating easy tracking, problem-solving, and improved customer service.
- Price List Generation: Another functionality allows users to generate price lists directly from the product section, found under the ‘action’ tab.
Improvements in Purchase
Odoo ERP’s latest version also brings efficiency to the procurement process. Similar to the sales module, it enables tracking of ‘next activity’ to expedite the process. Additionally, users can evaluate performance through Key Performance Indicators on individual user dashboards.
Enhancements to Manufacturing
Implementing Odoo’s manufacturing module proves beneficial for many organizations. Odoo 14 introduces innovative features to boost organizational productivity:
- Users can now designate the status of their manufacturing order (MO) to track progress.
- Managers or supervisors can lock quantities by selecting the option while creating an MO, reducing errors in product counts.
- It also allows customization of operation stages and running the scheduler (found in the planning menu) on the work order dashboard, enhancing overall efficiency.
Data Cleansing
One of the most significant challenges in ERP implementation is data duplication. The latest version of Odoo ERP addresses this issue by introducing the data cleansing module, which eliminates duplicate data to minimize redundancy. This feature proves invaluable for large organizations or those aiming to scale up.
Refinements in the Website Module
Whether you aim to display website traffic or present information in simple charts, the latest Odoo ERP software offers comprehensive solutions. The ‘snippets’ feature spans across various functions, enabling the creation of a user-friendly, visually appealing website. Here are some of these snippets:
- Charts: Users can now integrate and present qualitative and quantitative data in a chart format of their choice. Options include vertical or horizontal bar charts, line graphs, pie charts, doughnuts, or radar charts.
- Step Snippet: Odoo 14 introduces snippets to outline the steps involved in a process, such as the online shopping or payment process.
- Countdown: This widget in the website module is useful as it displays various events, allowing users to monitor sales, web traffic, and more.
- Product Catalog: Odoo 14 introduces a product catalog snippet, allowing users to customize existing templates to suit specific business needs.
- Auto Pop: By enabling this feature, users can provide quick access to ongoing promotions and offers on their website.
Similarly, there are several other snippets like the timetable, number, artwork, product list, etc., available to help you develop an intuitive, easy-to-navigate website.
In Conclusion
While this article highlights some of the major enhancements, Odoo ERP software offers much more. Odoo experts at Control ERP can provide comprehensive guidance on all features and assist in their implementation, enabling you to reap the benefits of innovation and efficiency.