Reasons why Odoo is the best ERP for SMEs

Odoo is a complete, open source ERP solution that offers highly functional features. It is highly cost effective for most small and medium business needs. Discover the key benefits.

In an increasingly competitive business environment, small and medium-sized businesses (SMEs) are constantly looking for ways to streamline their operations and improve their efficiency in order to survive and grow. ERP (Enterprise Resource Planning) technology has emerged as a key solution for this purpose, offering integration and automation of business processes.


For this purpose, Odoo is among the most important tools for managing essential business processes for small and medium-sized businesses. Its simple, modular design, integrating everything from order processing to production management, warehouse and inventory management, sales and purchase tracking, shipment movement tracking, financial management, and much more, into one software, makes it highly attractive for all businesses looking to lay a solid foundation for growth.

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What are the numbers?


With several affordable ERP solutions available today, small businesses are also using them for their rapid and progressive business growth. The data below makes it clear:


  • Approximately 53% of small businesses today prefer an ERP solution along with CRM as their priority investments.
  • According to research, 65% of SMEs are already taking ERP consulting services.
  • 96% of small startups that excel in their respective verticals rely on some ERP solution.
  • Small businesses that use an ERP software solution can make decisions in 36% less time.
  • It has been found that SMEs, which are currently working with reliable ERP service providers, save 21% time in carrying out business operations.


An ERP software solution that is implemented and integrated across each and every department of a business, irrespective of its size and category, is a must-have in today's world. Implementing and integrating an ERP software solution involves careful and strategic planning to minimize the risk of errors and ensure that each and every business objective is adequately met.


The successful ERP implementation process, however, requires the efforts and expertise of reputable consultants, as it can be the difference between an extremely profitable implementation or a failure.

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Odoo: Ideal for small businesses


Odoo is powerful, easy to use and customizable, allowing it to be used in different business sectors.


The costs are much lower than other software, making it a more economical option for SMEs as well.


An ERP system like Odoo will enable you to achieve your business goals while paving the way for future growth and expansion. With a well-planned methodology and up-to-date software that can be tailored to meet business objectives, Indaws ensures that you achieve maximum productivity.

Comprehensive and coherent

Tired of having your data in different applications?

Profitable

Odoo's profitability is much higher than SAP or Navision

Accessible

You can try it out as much as you want with their free demos.

Main features and benefits of Odoo


  • A comprehensive and coherent application

Every business performs a different set of operations such as accounting, customer relationship management, sales and purchase order tracking, human resource management, warehouse management, etc. While most organizations manage these by using multiple software applications, this often becomes very costly and messy for the business.


SMEs, unable to afford this huge investment, start relying on multiple software vendors and solutions to take care of these operations separately and the process becomes difficult. Odoo integrates all these solutions into a single platform to reduce both learning costs, information losses between departments, and operational errors when working with different software.


Moreover, Odoo ERP has a modular structure, which makes it an excellent choice for SMEs as small and medium-sized businesses can start with implementing the basic modules as per the requirements, and gradually progress with customizing and including more modules for better performance results.



  • It is extremely cost effective

The cost factor is always a concern for all small and medium-sized businesses. Often, due to restricted budget, the SME ignores the need for an ERP implementation. ERP software solutions like SAP, ERPNext, Oracle, and Microsoft Dynamics charge a lot of costs. But unlike these, Odoo streamlines the business process and meets almost all the important business requirements at affordable prices. Odoo aims to make the value you get from the software far more than the cost.


Overall, this ERP is the most affordable solution for all businesses today and is the perfect choice for SMEs. It ensures maximum return on investment, easy business management, and smooth workflow.


  • Easy to Use and Accessible

Navigating through the software is quick and simple due to the streamlined design interface, unlike the other ERP options where the user interface tends to be complex and cluttered. It also has free trials so you can resolve your queries yourself, unlike other software.


  • Open Source

Odoo is an open source ERP software solution, which makes it easily accessible to everyone. Due to the open source nature of the ERP, you can access the codes and modules at any time as per your interest. This is again another significant advantage of using Odoo as an ERP for small businesses.


  • Increased Overall Productivity

One of the main reasons to choose Odoo ERP for a small or medium-sized business is the huge increase in overall productivity. For all SMEs, this is an important factor. Increased productivity is the main goal of all growing businesses. And this is what Odoo ensures. With Odoo, transforming various business features and overcoming some of the major challenges faced during business growth becomes much easier.


  • Optimized Data

When an SME chooses to implement an ERP software like Odoo in its business system, it is mainly because of the benefit of getting an optimized data flow. For example, financial data for a company that is needed by the company's inventory department can be a bit difficult to get. But, with Odoo ERP software, it is easy as all official data and information is available to all departments and employees, in an integrated and transparent manner. You will be able to make decisions faster and with higher quality.


  • Better communication and collaboration

Integrating an ERP for a small and medium-sized business can result in a big change when it comes to communication and collaboration between different work departments. Lack of collaboration and poor communication often result in unavailability and inaccessibility of data. Of course, no growing company would want this to happen. This is why choosing an ERP software solution like Odoo becomes very important. You will be able to communicate internally with your colleagues, assign tasks, and organize your calendar together.

Open source

Customize everything you need

Increase your productivity

Improve your company's performance, earn more with less effort

Decide quickly

With the data available, it is easier to decide and get ahead of the competition.

Conclusion


It is essential to integrate an ERP within any company, both to improve its efficiency and productivity and to increase the speed and quality of decisions. The choice and implementation of a software that is appropriate to your needs must be a priority, and in the case of SMEs it is crucial to be able to solve current problems but also to prepare for future expansion and growth.



At Indaws we are committed to Odoo as the best software for small and medium-sized businesses and we lead by example. If you cannot decide on an ERP, you can contact us without any obligation and if you would like to implement Odoo, ask us for a personalized study and in 48 hours you will have a quote!

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Odoo is ideal for SMEs due to its flexibility, cost-effectiveness and modularity. It allows companies to choose only the modules they need, minimizing costs and adapting to their specific needs without the complexity of larger, less customizable ERP systems.

Odoo automates and integrates various business functions such as sales, accounting, inventory, and human resource management, significantly reducing manual errors and improving efficiency. Its ability to centralize information in a single platform also facilitates faster, data-driven decisions.

In some ways, all modules can help you. Depending on your business model and management, you'll need one or the other, but generally the most popular modules among SMBs include Accounting, Sales, Inventory, and CRM. These modules help you manage finances, improve customer relationships, and keep inventory tracked efficiently, all of which are crucial to the sustained growth of any small or medium-sized business.

Odoo supports long-term growth by providing tools that scale with the business. Its modular structure allows SMEs to add new functionality as their needs grow, making it easy to expand without the need to switch to new software systems.

Odoo supports long-term growth by providing tools that scale with the business. Its modular structure allows SMEs to add new functionality as their needs grow, making it easy to expand without the need to switch to new software systems.

Numerous SMEs around the world have documented significant improvements in efficiency, profitability and customer satisfaction after implementing Odoo. These stories highlight Odoo's versatility to adapt to different industry sectors and company sizes. On our website you can see success stories of implementations we have done!

Odoo takes security seriously, offering data encryption, detailed access management, and compliance with international data protection regulations. These features ensure that sensitive information is handled securely and that businesses remain compliant with current regulations.

Scalability is one of Odoo’s strengths, allowing businesses to easily add more users, processes and modules without disruption. This modular approach means that SMEs can expand at a pace that fits their capabilities and resources without large upfront investments.

Over 5 million users have grown their businesses with Odoo software.

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