Trade includes any exchange of products or commodities for money. Trading encompasses any commercial activities in which the trader obtains products from another person and sells them to a different person. In a broader sense, the trade might involve the exchange of both products and services. Therefore, Odoo ERP For Trading Business is used majorly to centralize the trading business processes.
In today’s time, when the trading business is expanding, the powerful Odoo ERP is offering high-end business solutions.
Odoo ERP Solution for Trading Business
Odoo ERP is the ideal solution for small and medium-sized organizations. It will assist trading companies in coordinating all actions associated with the trade procedure.
Trade becomes more efficient when trading operations such as product arrangement, assembly, display, database administration, stock management, POS management, and other activities are systematized.
The Odoo ERP helps to maintain:
- Accounting, and more in a centralized manner.
If you want to enhance the potential of your ERP system, get our Custom Odoo ERP Development For Trading Companies. Ksolves is an official Odoo Gold Partner that offers a wide range of Odoo services that are meant solely for the trading industry.
Odoo App: The Dashboard Ninja
Ksolves Odoo apps are helping multiple businesses globally. The Dashboard Ninja app has gained 1st position on the Odoo app store. It is used to convert complex data into engaging dashboard charts.
It plays a crucial role in business intelligence by providing valuable insights into the company.
For example, if you want to track your account data for the trading business, you can represent your data as given below:
Represent vendor bills with the bar chart that will help you read the data easily.
Showcase your KPIs with the Tile Chart, which will give you the precise details of your account data.
If you will combine the Dashboard Ninja app with the Dashboard Ninja Live Update app, you can keep track of your business data in real time.
In this digitalization era, it is important to have a live update dashboard. There are plenty of benefits to using the real-time updated dashboard for your business.
Let’s discover more about the Dashboard Ninja Live Update App in the next section.
Benefits of Using Live Update Dashboard for Trading Business
Have you ever driven a car without a dashboard? Driving a car without a dashboard is like throwing an arrow in the dark. If you cannot see your speed, fuel level, engine oil signal, and more, then it will be complete guesswork to drive a car safely.
Similarly, this is the case when you run a trading business. Running your business without keeping track of its performance or KPIs will be like a car without an inbuilt dashboard.
However, anyone who has a choice will choose to have relevant information available at a glance, such as on a dashboard. With Dashboard Ninja Live Update for Odoo, a user can track the live data after every change in data records.
If any changes will occur in the dashboard data, you can track the updated data with the Dashboard Ninja Live Update app. The user can set the interval accordingly after which the data will be updated automatically.
The benefits of this app can be broken down as below:
Automation can help you improve your data access
When it comes to monitoring business health and forecasting future results, data is undoubtedly the most valuable asset. However, in the absence of automation, it necessitates manual work to prepare the data before presenting it to the company members.
By integrating Dashboard Ninja Live Update App into the Odoo for the trading business, a well-designed dashboard enables access to all key indicators.
Without needing particular expertise or technical skill, a user can easily represent visual data charts. The automated updated dashboards decrease the chance of human errors. This helps trading companies to improve their data access.
With automatic dashboards, you can work more effectively
Dashboards do more than represent information; they showcase outcomes and correlations in the context of previous patterns. Good visualizations provide context as well as results to help organizations develop conclusions across time.
Live updated dashboards allow teams to concentrate on bringing visualizations that will allow for a clear understanding of the market condition and makes any decision-making process more efficient.
Filters and metric drill-downs in visualization tools enable for fast identification of certain data. Therefore, the Ksolves Dashboard Ninja Live Update app for Odoo will help trading companies in long term.
Dashboards make it simple to keep track of advancements
All of the following procedures are facilitated
If the data can be easily presented and updated, all the business procedures will be facilitated easily. Live update dashboards facilitate data-driven decision-making, which entails selecting key performance indicators (KPIs) to evaluate the quality of each activity and track market trends over time.
Defining a set of KPIs before each activity to review outcomes will allow for more logical decision-making inside the firm. Furthermore, it assists in proving the usefulness of marketing efforts as a support to business growth.
Dashboards can help you make more informed decisions
Using live update dashboards allows for a better understanding of the linkages between activities and their impact on company results using logical datasets.
The more essential aspect of data visualization automation is that teams may make decisions based on a unique collection of facts.
Well-designed dashboards support this process by providing a straightforward reading that connects business and marketing, aided by data provisioning and automation.
So, what are you waiting for? Start building your business today with Ksolves Odoo Dashboard Ninja Apps and its other modules. To check out the entire series of Dashboard Ninja apps, click here!
Ready to Create Live Updated Dashboards?
Understanding how trading operations affect your organization is becoming increasingly complicated with the expansion of channels to target potential clients.
Automation for data connectivity and professional dashboard development is a strong tool that enables businesses to:
- Keep a close eye on what is going on in the firm with vital data charts.
- Comprehend why the changes in the business process are occurring.
- Based on the data available, take the relevant business decisions.
A data-driven decision-making process eliminates manual work and leads to superior results, enhancing your company’s overall performance.
Ksolves is an official Odoo Gold Partner, providing high-scale services for the business globally. Connect with our experts for Customized Odoo ERP services For the Trading Companies at the given credentials:
Call: +91 8130704295
Frequently Asked Questions
1. Is Odoo suitable for trading?
Odoo ERP is one of the most cost-effective and advantageous integrated solutions for trading companies. The benefits of this amazing system will help a trading business develop and thrive.
2. Useful Odoo Apss for Trading business?
Dashboard Ninja App, Dashboard Ninja Live Update App, WooCommerce Connector, and more Odoo apps powered by Ksolves are helpful to grow your trading business.