What Is The Future Of Distributors With Cloud-Based Odoo ERP
5 MIN READ
May 11, 2022
With the world changing its eating, sleeping, and business habits, the distribution industry is changing itself too. Squeezed budgets, shortage of labor, and improper supply chains are affecting the distribution industry at a huge cost. However, in order to stay competitive, the distribution industries are leaning toward cloud-based ERP solutions.
The changing landscape of the distribution industry means the ERP (Enterprise Resource Planning) can be the central part of any SME. ERP solutions for small business gives a 360-degree view to a company by bringing sales, finance, accounting, inventory, marketing, and more units together.
The Plan for Distributors
Many distributors have already implemented ERP systems into their business. Those who have not planned to use cloud-based ERP yet, have plans for the upcoming years. Growth-minded companies are looking forward to the advantages of cloud-based ERP. Apart from the on-premise ERP systems, cloud-based ERP solutions can bring enough advantages to the market.
There are many ERP solutions available in the market today; however, the Odoo ERP is known as one of the most flexible and effective ERP solutions.
Note: For Odoo ERP implementation Services, consult with the experts of Ksolves!
If you are a distributor and looking to grow your business revenue in the future, then get familiar with Cloud ERP Software Solutions.
What is Cloud-based ERP and How Does It Work?
The Cloud ERP
The cloud-based ERP (enterprise resource planning) is a system that is hosted and managed offsite via the Internet by a vendor. Any technology that goes Cloud reflects that it can be accessed from anywhere on any device.
Every cloud-based technology is available through the internet to its users. Similarly, with cloud-based ERP solutions, the vendor is responsible for managing data, servers, operating systems, security updates, data center infrastructure, and more. Due to this, the business of distributors becomes easy as they can track their data from anywhere at any time.
Odoo ERP increases the connectivity and efficiency of the company by managing how its resources are utilized with a proper plan. Let’s understand the functioning of the Odoo ERP with an example.
A company needs a lot of resources to fulfill the demand of its customers. From sales to accounting to HR, every department needs to stay in touch to give a reliable solution together.
With the help of the Cloud ERP software solution, the departments can access the data from each other anytime. Cloud ERP centralized the departments of a company so that everyone can stay updated with the real-time demand of a customer.
When the workforce takes action together, the company can save its revenue and increase customer satisfaction rate. The Cloud ERP can be accessed through a laptop, mobile, or desktop for secure and quick data exchange.
Tip: To install an ERP solution into your system, it is best to hire Odoo Experts.
Why do distributors need an ERP system?
Distributors need to ensure a steady supply of goods and services. The Odoo ERP is helpful in accomplishing the purchase process, order management, sales reporting, finance analysis, supply chain management, and more.
On a day-to-day basis, a distributor has to collect products from the suppliers and store them in the warehouse before distributing them to the customers. The operation issue can affect the ROI (return on investment) on the inventory.
Odoo ERP gives a new way to cut costs and run a business in the right way. With access to ERP, you can manage your goods and services to fulfill orders on time. Once your customers get satisfied with your services, you can increase your ROI in no time.
How does Odoo ERP help in Sales and Distribution?
Data is an important part of every business. It shows the weak, strong, and important parts of a business. Odoo ERP provides a comprehensive view of business data. Let’s understand how it can help the distribution industry.
Reduction in Operational Cost
Cloud-based ERP solutions can provide you with detailed company reports. You can keep track of your spending, losses, and ROI (return on investment) with updated data. You will also be able to create KPI reports, allowing you to assess performance and make decisions about what’s working and what isn’t for your business.
This way you can reduce operational costs by taking quick decisions by addressing real issues.
Note: To design important company reports and charts, use the Dashboard Ninja app for Odoo. It helps a user to display company data using graphical charts. Beautiful and engaging charts allow a user to quickly track their business performance. Take the FREE DEMO now!
Scale Your Business Anytime
One of the best features of Cloud Odoo is that it is scalable. It grows with your business. No matter what your future business plans are for expanding your business, cloud ERP will expand with it.
Without spending too much money, Cloud Odoo ERP software is easily scalable. Moreover, it requires less maintenance cost, which makes it the best choice for distributors to implement into their business.
High Customer Service
When your teams have access to data they can provide it to their clients easily. In the distribution industry, companies have to provide order details to their clients. With Cloud Odoo ERP, teams can access data on their laptop, mobiles, desktops, and tablets to help clients track their order details easily.
With quick access to data, your customer does not require to wait longer for information needing to purchase your order or service.
Odoo ERP cloud services are also more secure and dependable than on-premise ERP. You will have little downtime and would not have to make clients wait for a service to be re-available online before getting the information they need.
Keynote: Ksolves provide the Odoo Full ERP Consultation service. It includes the Odoo migration, implementation, upgradation, and more services suitable for your business. Visit the website to know more!
Automate for Efficient Results
Internal efficiency will most likely increase in workforces that optimize to Cloud Odoo ERP systems. This type of software is designed to make work simpler. This implies that employees will be able to learn how to improve their workflow and use valuable time to focus on other projects that boost efficiency and develop the business.
The distribution industry has a lot of moving parts. The manager has to take care of all the deliveries. Keeping a record of all the moving products on paper can be tiresome and not secure. However, with Distribution Odoo ERP Software, the company can keep a record of all the products securely and effectively.
How To Get Started With The Right Odoo Consulting Services
Odoo ERP system consulting partners are providing the best consulting services to small-to-medium-sized enterprises. As a result, there are a plethora of Odoo services available for the distribution industry.
If you are confused about where to start, it is always better to consult with the experts first. Ksolves will help you get along with the Odoo ERP and suggest you some reliable applications suitable for your business.
To start with how to implement Odoo ERP into your distribution business, you need to start with the right Odoo Consulting Service. You can contact Ksolves at the given email address and phone number. Our experts will be there to assist you 24/7.
We will help you with the Odoo implementation, customization, migration, upgradation, and integration services. Moreover, we also provide offshore Odoo development & support services with installation & hosting services.
Liked what you read? Tell us in the comments below about your thoughts on Cloud-based Odoo ERP.
Frequently Asked Questions
1. How many types of ERP?
There are many types of ERP solutions out there in the market. Based on the business demand, people prefer to choose the ideal one. However, Odoo ERP is one of the popular Enterprise Resource Planning software solutions. It is extremely flexible and scales as your business grows.
2. Features Of Cloud-Based ERP Software?
The key feature of Cloud-based ERP software is catalog management, customer management, order management, pricing management, billing & account management, inventory management, business analytics, and more. It also helps in data analysis, reporting, and Human Resource management.
3. Advantages of cloud-based ERP?
Cloud-based ERP helps lower operation costs, enhances data security, provides real-time data analytics, is flexible to use, easily scalable, boosts productivity, and helps a business to increase ROI easily.