ERM software like Odoo has long been the cornerstone of success for businesses across different industries. While most companies are eager to leverage the software for their operations, many forget that Odoo is evolving.
Most business owners fail to keep up with the latest Odoo modules that could help them streamline their operations efficiently. Keeping the same in mind, we’ve curated a list of some crucial Odoo modules to boost your operations.
Continue reading as we list these modules in the following sections of the blog.
Must-Have Odoo Modules To Boost Your Business
HR Management
No matter the size of the business, you can’t overlook the importance of HR management as a business owner. Among other HR operations, attracting, including, and retaining the right talent is a significant aspect of running a business.
To oversee all the work done by any company’s workers, the Odoo human resource management module provides specialized tools to overlook:
- Employees
- Planning
- Time-off
- Recruitment
- Expense
- Payroll, and others.
So, ask your Odoo partners to implement the module into your operations.
Sales Module
The Odoo platform’s unique sales management modules will offer thorough functionality and operational capabilities for effectively running your company’s sales department.
Orders are simple to handle; you can follow their progress from placement to invoicing, and all the information required for your sales department is available on a single screen.
Projects
The module includes the fundamental capabilities needed to handle one or more projects at once. Task distribution, team priorities, and workload management are all simple processes. These options are all available in one location.
Once integrated into your operations, combining the Odoo Projects module with other system modules like Accounting, Schedule, Calendar, and Expense becomes easier. Thanks to this tool, the management team at your firm may effortlessly manage employees, tasks, deadlines, projects, daily calendars, etc.
Finance & Reports
Users of Odoo have access to all the tools they need to handle their businesses’ accounting and financial operations, including automated billing, statement management, and financial performance calculation.
You can keep track of all your spending, and integrated analytical data enables you to manage your budget by allowing you to make well-informed decisions. Reports may be easily customized, and there is support for many businesses. So, ensure that you include the finance and reports module in your list of requirements for the Odoo gold partners.
Website Module
Gone are the days when your offline presence would suffice business requirements. With the rise of the eCommerce era, most businesses now reason with having a website for their operations. Websites have become a must-have for luring clients.
However, let’s not forget the high charges for developers’ web development!. Interestingly, this is where Odoo’s built-in website block builder comes to your rescue. Even without experience with software programming languages, it allows you to design and develop straightforward one-page landing pages and multi-page corporate portals.
While these were some must-have modules, let’s not forget that the list of Odoo modules is exhaustive. Keeping the same in mind, we’ve curated a chart of some other recommendations that could add to your business.
| Name Of The Module | Function |
| Odoo Accounting | Accounting and InvoicingAccount receivablesBank and cashTaxationReportingAccount payablesFiscal localizations ExpensesReimburse ExpensesInvoice creationPost Expenses Validation DocumentsVendor credit NoteOwnerDocumentsVendor credit NoteTagsContactTagsContactOwner |
| Odoo Inventory and Manufacturing | InventoryWarehouse ManagementAdvanced RoutesBarcodesShipping ManufacturingBills of MaterialsWork CentersSubcontractKitsSemi-finished products ManagementQuality ControlMaster Production Schedule PLM (Project Lifecycle Management)PurchaseMaintenance |
| Odoo Marketing | Social MarketingEventsMarketing AutomationSurveysEmail MarketingSMS Marketing |
| Odoo Services | ProjectHelpdeskPlanningTimesheetAppointmentsField Service |
Takeaway Tips For Leveraging Odoo Modules The Right Way
Having the best Odoo modules isn’t enough! Let’s not forget that results can only be achieved by proper execution.
But how do you leverage the Odoo modules to get your desired results? Let’s find out as we look into some quick takeaway tips below.
- Higher response rates are only possible when you target the right audience:
The more specific your emails are, the easier it will be to modify them to your target audience’s demands. Selling B2B goods or services requires understanding how to target the appropriate businesses.
Small startups and SME businesses need a completely different strategy than giant organizations. Besides, ensure your emails reach the right people who will be interested in your offering and have the power to make decisions.
- Target the right time to send your email:
Most emails are unlikely to be opened once 24 hours have passed! Given their psychological comfort, Tuesdays, Wednesdays, and Thursdays are the best days to launch email marketing.
People are most active during the hours right after lunch (1-3 p.m.) or in the morning (8-10 a.m.). If you work in many markets, be aware of the various time zones and keep an eye out for holidays on the local calendar.
- Document everything in your CRM:
It’s a simple process that you should take into account. To assess and enhance your email marketing, you need performance data on how well they are functioning for your audience.
To ensure a potential customer’s degree of participation and provide the necessary instructions to increase conversion rates, you must preserve and gather their activity data.
Conclusion
Odoo is among the most advanced software for managing your operations. With the suitable modules given by your Odoo partners, it’s only a matter of time before your business reaches its true potential. All the best!