As a result of the aforementioned challenges faced by businesses today, erpSOFTapp has created strategic solutions to those pending challenges. Central to solving these is the
EPIC (erpSOFTapp Process Improvement and Controls) process.
erpSOFTapp EPIC process believes in providing value-added solutions to clients through a partnership approach. The underlying concept behind EPIC is to bring order to enterprise processes with Odoo ERP which enhances the ability of businesses to smoothly conduct their daily tasks.
The many benefits and approaches towards this ERP strategy in solving business challenges are;
Enforcement of data consistency and avoidance of human errors
ERP implementation eases out the stress of manual business management.
It is the best solution to having a complete, precise, and up-to-date data record of the organisation's activities. It also increases the operational efficiency of the business.
An effective ERP system can help the users access data faster but also checks inefficiencies. Furthermore, company information is protected from internal as well as external threats.
You can ensure data consistency with Odoo in the example of a pre-sales department by;
Creating leads and categorising them in tags directly on the Odoo system.
Odoo allows you to prioritise your leads and understand timing on lead follow up.
Send messages directly from Odoo for internal (employees) and external (customers) using log notes. Using log notes, you can send messages to either employees or customers. Reminders can also be set on 'due date' for each of the tasks/notes.This tutorial below will help you set up Odoo log notes that are automatically sent when relevant criteria are met.
Keeping track of the presales customer status easily- Converting a lead to opportunity moves it to the pipeline. (Pipelines are customisable to suit your business). It transfers all the clients data from leads to opportunities. Afterwards, you can set a timeline for winning over clients and easily monitor progress.
ERP creates a single source of system data, improving efficiency and accuracy
ERP gives the organisation a single, integrated system of record. Using this system, financial data can be accurate and current. This makes it easier to identify areas that require improvement.
Furthermore, ERP solves the problem of gatekeeping by giving access to information from any location of operation from one system. It also makes for an easy sales process.
For example, in the Odoo system;
For some organisations, they might make a mistake in setting up a sales orders. The manager confirms it before the quotation is sent. Because once sent, you can’t get it back. Once an order is validated, itsdone
You can set up your inventory process for customer deliveries triggered based on your sales orders and invoicing policy across multiple locations or warehouses.
You can monitor your employees' activity. Inventory is monitored and if data and figures were manually imputed or generated by the system, you can tell. This is because all the activity details are displayed.
Easy access to data and silos of information
With multiple silos of information, data is not available for the right people, at the right time and in the right format. This increases costs and time to get a decision made.
Odoo ERP provides one integrated system to bring together all the different types of information that companies need to succeed. It helps you manage information centrally so that everyone has access to the same, up-to-date data and insight at all times. Allowing them to make better decisions more quickly and increase productivity.
With security and controls in place to only enable employees access to see information within their job function. This core aspect is a key to any successful project delivery.
Odoo ERP brings all these different departments together by providing a single source of truth for each key area of your business. You can easily share data across every department, keep everyone up to date, and know exactly what’s happening in real-time.
Business insights availability which leads to better decision making
ERP implementation is a strategy to bring better business insights for your organisation or enterprise.
It gives you an easy visualisation of business data for better decision making.
This is done by analysing business information like sales, orders, inventory, personnel and others using ERP software. It helps companies be more competitive as they can better compete their business goals and improve performance using the collected data.
Access to First Hand Financial Reporting
This process is traditionally done with email or excel based work flows where a lot of manual data entry and repetitive tasks are involved, which fundamentally creates errors in the final deliverables. However, the Odoo ERP system enables companies to access financial reporting data from anywhere. It can be used to oversee corporate financials, from analysing your stock to managing purchasing.
Sales reports are easy to create with the sales module.
Instantly track purchases and payments and build up an inventory report over time
Results can be exported to Excel (xls and xlsx format), PDF, Word Doc, Image or CSV file, whatever you prefer.