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Showing posts with label Opensource Odoo ERP Implementation. Show all posts
Showing posts with label Opensource Odoo ERP Implementation. Show all posts

Wednesday, January 05, 2022

5 Key Phases of an ERP Implementation Process

5 Key Phases of an ERP Implementation Process

It’s the ERP system that acts as a binding force between several departments and operations in an organization. It allows users to access various company data under a single roof.


However, no great thing can ever be achieved without a little effort. In order to enjoy the complete benefits of an efficient Enterprise Resource Planning application, you need to implement it appropriately.


New to ERP implementation or ERP data migration? Here’s an overview!

What is ERP Implementation?

A complete ERP implementation process involves proper planning, configuring, customizing, and deploying an ERP platform. The implementation process ensures that the ERP system is able to manage multiple business functions with higher efficiency.


For example, you would want to integrate all your core operations, including human resources, financial management, customer profiles, sales, manufacturing, supplies, deliveries, and so on. To handle all of these manuals can be a hectic task, and it’s prone to human errors too! This is where the role of an effective  ERP implementation comes into play!

5 Phases of ERP Implementation

These are the five core steps or phases of an ERP system implementation.

  1. Planning and Identifying Risks

The first phase of implementing an ERP system includes project planning. However, before you even begin the planning session, you need to discover the potential issues or risks associated with your business.


During the planning stage, try to identify your specific needs and the working techniques of your company. Before the final decision-making and documentation of a plan, you need to address the problems that may be present in your current workflow.

  1. Design and Development

Then follows the designing phase that allows you to work on several configurations to get an idea of the final look of your system. The design stage also includes documenting some standard processes and defining your key roles.


After the problem-solving and brainstorming phases, the final task of development comes in, which requires an experienced development team. Make sure that your developer begins writing the code only after the potential problems, challenges, or threats have been identified or resolved.

  1. Deployment

Once the final project is ready, it’s time to implement the output. Your project team should be able to run a few tests for a couple of days to determine its performance and efficiency before going live.


It is also the responsibility of your project team to train your end-users before they finally start handling their day-to-day tasks using the new ERP system by abandoning the old one. You will also need to define specific roles to the desired users and set permissions to data accessibility and security accordingly.

  1. Configuration

Once the ERP installation is complete, your project management team should be able to configure your settings and the necessary options that you will need in your day-to-day operations. This is where a customized and configured ERP system becomes essential as opposed to shelf ERP systems. ERP customization is tailored to your particular business, thus removing any unwanted tools or features.

  1. ERP Data Migration

Finally, you need to migrate your ERP data from the old system without running the risk of data losses. The ERP migration phase must be done by an experienced hand as it involves the transfer of all your vital data, such as financial, transactional, customer profiles, human resources, salaries, manufacturing, sales, and so on.


After transferring all your data from the old system to the new, make sure to define user roles, configure security settings, and grant permissions accordingly to prevent data misuse or accidental losses.


Thursday, December 09, 2021

Which is better Odoo Vs Netsuite?

Which is better Odoo v/s Netsuite?

The software applications that a corporate organization chooses to use are a critical component of its success. Furthermore, due to budget limits, this decision is especially important for small and medium-sized businesses.

Why choose Odoo over Netsuite?

Netsuite and Odoo are two ERP systems that can be run in the cloud. Odoo does, however, support on-premise hosting for users that want to work locally. Although the capabilities of Odoo and Netsuite are similar, Odoo ERP appears to have a slight advantage over the other. Furthermore, Netsuite's modification capabilities are limited in comparison to Odoo, which can be flexible to operate in any kind of business.


In comparison to Odoos HR administration, one of the important characteristics that Netsuite lacks is advanced HR management, which is limited in feature. Furthermore, operations in Odoo are governed by specific platform modules, whereas Netsuite software is constrained. However, the Netsuite module can be acquired independently, allowing some flexibility, but not at the expense of Odoo's scalability and customization. Furthermore, while comparing the background and success rate, Odoo has over 7 million users, which is significantly more than Netsuite's 30,000+ users.

NetSuite

Oracle, NetSuite is a cloud-based Enterprise Resource Planning system designed for mid-sized to large businesses. Netsuite offers the following business management products:


1.Inventory, supply chain, and financials are all handled by NetSuite ERP.

2. NetSuite CRM (Customer Relationship Management) for sales and marketing

3. NetSuite Commerce, which may be used for both online and in-person sales.

4. Project management with NetSuite PSA


The ERP's versatility is enhanced by the fact that each product must be acquired independently. Furthermore, NetSuite offers a separate version of its platform for multinational companies called OneWorld, which combines all of the above products with aspects of multinational company management like handling company branches, multi-currencies, multi-accounting standards, tax specifications, and so on. In addition, the SuiteApp for Netsuite offers over 300 applications to meet a variety of user requirements. Furthermore, barely 30,000+ people have downloaded the app.

Odoo Enterprise

Odoo is a free, open-source ERP that comes in two editions: community and enterprise. The community edition has less functionality and cannot be customized. Furthermore, the edition is appropriate for businesses with a small number of employees. The enterprise editions, on the other hand, are packed with features and may be tailored to meet specific corporate requirements.

Sales

NetSuite
Odoo
Enterprise
B2B Sales
Quotes to Orderscheckcheck
Electronic Signaturestimescheck
Online Paymentcheckcheck
Quotation Templatestimescheck
Upselling & Cross Sellingcheckcheck
Subscription Managementcheckcheck
In-Store Sales
Point of Sale (retail)checkcheck
Point of Sale (restaurant)timescheck
Online Sales
eCommercecheckcheck
eBay Integrationtimescheck

CRM

NetSuite
Odoo
Enterprise
Sales Flow
Leads Nurturingcheckcheck
Lead Scoringcheckcheck
Leads Managementcheckcheck
Opportunities Managementcheckcheck
Pipeline Managementcheckcheck
Third Party Managementcheckcheck
Communication Tools
Customer Multi-Addresscheckcheck
Calls / Meetings / Mailcheckcheck
VOIPtimescheck
Email Integrationcheckcheck
Live Chattimescheck
Full Customer Historycheckcheck
Email Templatescheckcheck
Opportunities Analysischeckcheck

Accounting & Finance

NetSuite
Odoo
Enterprise
Internal Process
Analytic Accountingcheckcheck
Alertstimescheck
Budgetscheckcheck
Expensescheckcheck
Assets Managementcheckcheck
Real-Time Inventory Valuationcheckcheck
Analytic Reportscheckcheck
Daily Operations
Bank Interface / Automatic Synctimescheck
Quick Reconciliationtimescheck
Deferred Revenuestimescheck
Checks Managementcheckcheck
Invoice Management
Invoicing Managementcheckcheck
Batch Sendtimescheck
Third Party Follow-Uptimescheck
Payment Automation (SEPA)checkcheck
International
Internationaltimescheck
Multi-Companycheckcheck
Multi-Currencycheckcheck

Marketing

NetSuite
Odoo
Enterprise
Actions
Mass Mailingcheckcheck
Blog / SEO / Web Pagescheckcheck
Eventstimescheck
Marketing Automationcheckcheck
Drag & Drop Page Editortimescheck
Marketing Campaigncheckcheck
Contacts Segmentationcheckcheck
Follow-up
Surveytimescheck
Keyword Marketingcheckcheck
Visitors Trackingcheckcheck
Checks Managementcheckcheck
Social Media Managementtimestimes

Manufacturing

NetSuite
Odoo
Enterprise
Manage
MRPcheckcheck
Routingscheckcheck
Order of Assemblycheckcheck
Costingcheckcheck
PLMcheckcheck
Work Sheetstimescheck
Traceabilitycheckcheck
Quality Managementcheckcheck
Maintenancetimescheck
Tablets on Work Centertimescheck
Feedback Looptimescheck
Overall Equipment Effectiveness (OEE)timescheck
IOT Out-of-the-boxtimescheck
Repairs Managementtimescheck
Schedule & Plan
Schedulingcheckcheck
Product Variantscheckcheck
Multi-Level BOMscheckcheck

Purchase

NetSuite
Odoo
Enterprise
Purchase
Request for Quotation (RFQ)checkcheck
Purchase Tendertimescheck
Pricing & Discountscheckcheck
Fulfillment
Make-to-Order (MTO)checkcheck
Minimum Stock Rulecheckcheck
MPStimescheck
Manage
Invoice Controlcheckcheck
Reception Controlcheckcheck

Services & Projects

NetSuite
Odoo
Enterprise
Basic Project Managementcheckcheck
Lean Approach/Kanban Viewtimescheck
Planningtimescheck
Customer Oriented
Helpdesk/Supportcheckcheck
Timesheetscheckcheck
Email Integrationcheckcheck

Human Resources

NetSuite
Odoo
Enterprise
Recruitmentscheckcheck
Appraisalstimestimes
Leaves/Holidayscheckcheck
Fleet Managementtimescheck
Payrollchecktimes
Fleet Managementtimescheck
Expensescheckcheck
Salary Configuratortimescheck
Via Ref Link : https://www.geminatecs.com/blog/odoo-vs-sage

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