Why is Odoo Human Resource Management System right choice for your HR area?

Human Resource Management System

In the digital era, an HRMS has become an essential component of any modern HR department. The amount of work that goes into recruiting, hiring, and cultivating employees is simply too extensive to be handled manually by most businesses. The key is to focus on the ultimate goal which is providing a quality experience for employees from the recruiting phase through long-term employment. When choosing a new Human Resources technology, it is crucial to start with clear requirements. It is very important to outline all the current challenges you are facing in your HR operation. Every organization’s needs and challenges in their HR department are unique, thus it’s critical to employe customizable HRMS software.

Human Resource Management System

Odoo offers all of the main modules, such as Odoo HRMS, CRM, accounting, sales, purchasing, manufacturing, and so on, that are required for any business, regardless of its size or nature. All of these modules are simple to use and even simpler to customize for your business. As a result, rather than using a collection of programs for certain operations, it is preferable to use a single piece of software.

Odoo, with its low cost and high customization, is the best ERP solution on the market for this purpose. The Human resource management System with Odoo ERP not only helps in tracking data and workflow across various teams and departments and accessing data easily from individual modules but also results in better quality reporting. It reduces the redundant process of entering data into multiple systems making it time-effective.

Highly customizable modules that benefit your HR department:

Recruitment management: 

Odoo HRMS makes it simple to automate and manage your organization’s recruiting and staffing operations. It comprises the generation of job descriptions, the quick parsing of resumes, the sorting of candidates, automated interactions with candidates, and multi-channel job marketing. 

• Posting job vacancies online. 
• Ease in the Recruitment process. 
• Help in tracking job candidates. 
• Effective talent acquisition.

Time and attendance administration:

Human Resource movements in some arrangement await thickly on time and attendance administration. Odoo’s occasion and attendance administration piece assists in guaranteeing that the firm is continually inclined its aims while staying period-effective.

Time-off and laborer sabbatical management

Attendance registers accompanying biometric ploys

Track agent work Time

Workforce organizing

Maintain a Task coating

Performance Review

Self-Assessment

Learning management

Monitoring abilities of agents

Payroll management

Easily produce payslip

Customize Report

Highly Customizable:

The Custom Odoo Human Resource answers can present industrialization and boost the overall effectiveness of the firm. Incorporating as many functions as feasible into an HR order can upgrade utility. Simple and smooth Interface- The smooth and plain to use connect of Odoo HRMS helps in enhancing member smorgasbord outside disquieting the HR crew each time. 

Easy clerk following- Monitoring representative work, organize and effectiveness is another feature of Odoo HRM. It helps in pursuing employee timesheets, work hours, punch-in/punch-out organize, leave uses, work-from-home requests, and more. These worker timesheets maybe resolved by project managers to path their availability and judge their conduct. In addition, timesheets maybe straightforwardly joined accompanying the accounting method to mechanize money paid for work done convert.

Increased Scalability:

As a result of advertise environments, businesses commonly demand speedy measuring of their movements. Odoo HRMS increases integration accompanying earlier wholes and adapts to changeful trade environments. It also reduces moment of truth necessary to extend or shrink HR exercises, happening in cost and time funds.

Safeguard Security of HR- For the HR area in an arranging, directing claimant and representative records entails fastening to protection procedures and agreements. With electronics changeful on a daily footing, HR areas must wait reliable always. Odoo HRMS contains included security, that saves opportunity and guarantees continuous solitude.

Speed up Recruitment process — The computerization of the recruitment growth-phase can help the HR area overcome key challenges. Odoo HRMS admits for the concoction and approach to a vast go on book repository. Scanning and protect bidders for functions, instruction, and job accountabilities enhance significantly faster. Online doorway-located interviews, document administration, and role production guarantee that onboarding takes as little occasion as attainable. This results in a meaningful increase in the conscription crew’s efficiency.

There’s certainly that a association’s conscription process is very fault-finding. When a firm engages answers like Odoo HRMS, things enhance a lot smooth. A healthy HR area namely two together agile and conscious is what an arranging wishes for and can surely perform by a well-created and joined Odoo Human Resource Management System. It will help employees handle the challenges that create their changing surroundings. Adding a splotch of mechanization to the workflow will smooth it out and influence a lean, self-supporting stick. Since our beginning, we have secondhand Odoo HRMS as our human support tool, and we have visualized by means of what it has helped us as a association. We are an manufacturing head in developing indicated Odoo HRMS resolutions that will address the challenges of your HR area.

GeminateCS is a verified Odoo Expert. We are making uncountable solutions and applications on Odoo. For any technical support or query you will feel free to contact us by Clicking here….

Odoo - Introduce Top Best Warehouse Management Software in 2022

Warehousing is an important aspect of a business that involves the storage and distribution of products. It can be said that the entire function of the company revolves around the efficiency of stock management, as every aspect of operations is related to the aspect of stock management in one way or another. In this digital era, the need for a modern software solution that handles the complete and adequate aspects of warehouse management is critical.

What is Warehouse Management Software?

Inventory and warehousing operations need to be managed efficiently. In the past, the use of general ledgers and bookkeeping came with the effective contribution of staff. Advances in technology have created software solutions that handle all aspects of warehouse operations. Warehouse management software solutions offer complete and precise operational management of the company's stock management aspects, using specialized tools and functional menus that support product movement and logistics elements. Now, in the next section, let's find out how to choose the best warehouse management software for your business.

Warehouse Management Software

How to choose the best Warehouse Management Software?

Since the options available for managing warehouse operations are numerous, companies need to choose the best solution that is more efficient and increases the scope of inventory management operations. Here are some considerations for choosing the best inventory management solution for your business.

• Choose profitability over lower costs as cost
• effective solutions can bring more productivity and efficiency to warehouse management operations. 
• Do a little research on the software and the customers who use it
• See the best capabilities and features of the solution.
• Check if it provides the right return on investment (ROI) for the business and cut time is much better.
• Find out what your competitors are using
• Understand software history and track updates received.
• Request a service provider demonstration.
• Understand the hosting requirements as well as the server aspects required to launch the platform. Choose a service provider with a stable success rate and offer business software support when needed.

This is a particular aspect that must be considered when selecting a warehouse management system for business operations. Now, let us understand Odoo warehouse management solution which is a best-in-class operational tool for managing store inventory operations.

Odoo is a complete Warehouse Management Solution:

Odoo is an ERP business management solution that acts as a one stop solution for every aspect of a business. Platform-specific modular structure with special modules of the elements of the company's operational management processes more efficient in operation. Moreover, the modules are interconnected in their operation, offering complete operational management autonomy for more efficient and reliable operational management. Developed as TinyERP which was later extended to the Odoo platform, version 8 of Odoo was released in 2014, it is a new business management solution in the market. Today we have Odoo 15, the most advanced Odoo ever that offers high performance and reliability in business management. Today, Odoo is one of the modern solutions that effectively manage business processes from a centralized platform, which benefits businesses. The dedicated inventory module, along with all the main modules and platform support modules, is Odoo's warehouse management system with incredible capabilities to take inventory management operations to the next operational level. Let us understand the highlighted features of Odoo warehouse management system suitable for business.

Features of Odoo Warehouse Management System

Odoo Inventory Module and all supporting modules on the platform including Odoo warehouse management system, which will be the best package for the company. Here are some of the features that set it apart.

• Centralized inventory management to manage retail, wholesale and e-commerce, all from one central platform
• Real-time data operations ensure the business is always up to date.
• Forecasting data helps businesses stockpile and buy products.
• Ability to define routes and rules for moving products in the company's inventory.
• Management of multiple warehouse operations simultaneously 
• Product based location identification in all operational warehouses
• Evaluate employees and monitor their functioning at all levels of business operations.
• Perform advanced inventory operations such as B. Shipping and cross-docking for product movement.
• Double billing with inventory data.
• Create custom reports based on functional requirements.
• Reports generated from relay time data give you a complete analysis of inventory operations
• Product tracking function with batch definition and serial number.
• Set reorder rules, set expiration dates for products, and configure product movement as needed.
• Manage multiple vendors at once for the same product.
• Integration with accounting module provides complete financial management.
• Sales and purchase module offers sales and ordering of products.
• The integration of the fleet module will support the logistics of product delivery and product transfer to the warehouse.

Here we believe in the highlighted features of the Odoo warehouse management system, but are not limited to those features.

In short, choosing the best warehouse management system is a difficult task. However, with the presence of Odoo warehouse management system in the market, companies can have complete confidence in what can bring more productivity, efficiency and effectiveness to the company's inventory management operations.

For Any Query Related To Odoo ERP Click Here...

6 Ways an ERP Can Help Your Business Drive Sustainability

Sustainability is becoming increasingly important to businesses across all industries because it can provide a competitive advantage in the long run and is a requirement for survival in the future.

As the world faces major disasters such as the COVID-19 pandemic, business executives have realized that it is their priority to reduce costs, increase efficiency, and optimize production in order to remain competitive in the market.

According to the Institute for Management Development (IMD), 62 percent of executives believe a sustainability strategy is required to compete today, and another 22 percent believe it will be in the future.

As sustainability is being incorporated into business strategies for long-term viability, one method of achieving sustainability goals is to implement an Enterprise Resource Planning (ERP) system, which is designed to increase production efficiency, reduce costs and waste, improve supply-demand planning, and drive greater organizational effectiveness. As part of a scheme to improve industry and enterprise performance, many governments, including Singapore, are providing funding and incentives for SMEs to adopt digitization and automation tools such as an ERP system.

Let's look at six specific areas where an ERP system can help your company reduce waste, cut costs, and achieve long-term sustainability goals.

An ERP system can assist you in determining the source of waste and optimizing resource consumption.

Business waste can take many different forms; not all waste is physical. In fact, resource optimization is a method of reducing energy and material waste, as well as labor costs. Whether it is general waste or manufacturing waste, resource management is a critical issue for businesses in a variety of industries, including manufacturers, supply chains, and food and beverage companies that handle chemicals and materials that can expire and/or be toxic to the environment.

Paper Consumption and Storage Space
When businesses implement an ERP system, one of the goals is to reduce the use of paper documents, which saves paper, reduces storage space, and contributes to environmental preservation. This is especially true for large corporations and large offices, where a significant amount of business document shredding is required to maintain confidentiality.

Using a document management system such as Odoo Documents, Dropbox, or One-drive is one direct way to go paperless while keeping your documents confidential in the workplace. For example, with Odoo Documents, you can store, share, and send previously scanned documents, as well as generate business documents such as vendor bills, invoices, and contracts that can be approved and signed electronically without the need to print any paper documents.

See this short video to learn how Odoo Documents can quickly transform and digitize your document processes using AI and OCR engines.

Inventory Control
Poor inventory planning and a lack of control over on-hand, overstock can also result in waste. A good ERP system, for example, can help you track the shelf life of your products and materials if you work in the food and beverage industry. Ideally, the inventory module in the ERP software should be able to tell you how much food or materials are wasted and pinpoint the source of the waste, whether it is due to improper storage, spoilage, leakage, or human error. It can also tell you how much material is not consumed or sold, allowing you to determine which products are driving the business and which products cost more than they make.

Using the right removal strategy, such as FIFO (First In, First Out), LIFO (Last In, First Out), or, in the case of the food and beverage industry, FEFO (First Expired, First Out), is critical to avoiding waste by providing visibility and control over perishable products. Inventory management tools with built-in stock removal strategy functionalities, such as Odoo Inventory, can help you track and monitor your product movements in real time.

On the Odoo Inventory interface, here's an example of how the FEFO strategy can be configured on specific products, prompting the system to pick inventory lots based on expiration dates, earliest to latest.

Overproduction
Overproduction, which can be caused by inaccurate planning and forecasting or a lack of reporting tools, is another type of waste.

ERP software can assist you in overcoming this by automating sales and inventory reports that show you which products are not being sold and which materials are not being used. Using past sales data and trends, you can make an informed decision about demand planning: which products need to be reduced because they are not selling well, and which products can have their capacity expanded.

Odoo developed a Replenish-to-Order functionality that allows businesses to purchase or manufacture inputs, particularly those with a short shelf life, only when there is a demand for them, in order to align demand with supply production and reduce unnecessary procurement.

Read more about Odoo's Make-to-Order feature and how it can help you improve the efficiency of your procurement process here.

Improve Coordination and Increase Visibility

Oversight of the entire operation
An ERP system can provide you with a clear picture of your company's overall performance, as displayed by dashboards in the interface, which display the metrics relevant to your company's operations. Each department can gain an overview of its activities while identifying cost-cutting opportunities, such as over-purchased materials or determining the most fuel-efficient delivery route. Each business function can get a quick overview of its activities by displaying the metrics that are most important to them.

Departmental Coordination has been improved.
When the workflows of business departments are not coordinated, time and resources can be wasted. Unsynchronized workflows occur when one department is unable to make decisions due to miscommunication, misinformation, or a bottleneck in another department. People in these situations must wait for information, sign-off, approvals, and work to be completed in other departments.

An integrated ERP provides interconnections and automation of the flow of information across departments, allowing for smoother, faster, and more transparent coordination with streamlined decisions.

In the ERP system Odoo, for example, Odoo Purchase is linked to Odoo Accounting, among other fully integrated modules in the system, which prompts the generation of a drought journal entry when a new Purchase Order is confirmed.

Product Lifecycle Management and Quality Control

Defective products that do not meet quality standards waste materials and cause production delays. ERP modules designed for production and manufacturing, such as Quality and Product Life cycle Management PLM, assist manufacturers in detecting, monitoring, and tracking all production data.

In the Odoo Quality module, you can configure your quality control plans and schedule quality inspections for specific steps in inventory procedures or manufacturing operations.

If you own a manufacturing company, you should be able to manage your production lines, identify the equipment and plant that is in place, and control its schedules. You can reduce the production of defective products and provide timely attention and action to any errors if a piece of equipment fails or a product fails quality checks with the help of quality management tools and features such as automated quality alerts.

While defects and errors can never be completely eliminated, quality management tools in a fully integrated ERP like Odoo can help minimize damage and waste caused by malfunctions quickly, saving your manufacturing company a lot of money and time.
Cloud Hosting Adoption

Choosing to host your ERP in the cloud can provide additional benefits not only to your company but also to the environment.
How an ERP can help your company's sustainability

IT system migrations to the cloud are estimated to save up to 30-40% of total software ownership costs. When you move your company's ERP system to the cloud, you eliminate the need for on-premise hardware as well as the human, physical, and financial resources required to maintain it. Your company can gain flexibility and scalability in storage capabilities and unused capacity by utilizing the cloud.

The cloud can also help the environment by lowering the carbon footprint of your company's data center. Cloud providers such as Google Cloud Platform (GCP) and Amazon Web Services (AWS) have pledged to make their data centers carbon neutral and twice as energy efficient as traditional data centers.

More information on how public clouds, such as Google Cloud Platform, can provide a safer, more secure, and agile server hosting solution can be found here.

Data in real time equals agility and better decision making.

One of the primary goals of an ERP system is to collect, gather, and store data and information about the entire company's activity in real time. The ability of the ERP system to provide immediate business data enables business managers to access this data and assess the effectiveness of their business strategy in real-time. As a result, they make continuous adjustments in areas that need to be aligned or resources that need to be better allocated and utilized

ERP software users can specify which measurement parameters should be displayed for each project. Whether for Accounting, Sales, or Inventory management, real-time data can help identify which areas bring the most value or the least profit, presenting more opportunities to drive more effective tactics and reduce excessive production or overstocking of inputs.

Let's take a look at the Analytical Accounting feature in Odoo Accounting to see how real-time data can help you make better decisions.

This feature can be used to provide a clear profitability overview of various departments or specific projects and promotion periods across all Odoo modules such as Sales, Purchase, Production, and Invoice by distinguishing costs that arise over time or identifying areas that bring revenue increases. By categorizing your general accounts (analytical accounts) by department, project, product group, and more, it provides a more dynamic view of your typical loss/profit balance than your general ledger.

How Odoo can help Port Cities make your business operations more environmentally friendly.

Best-in-class ERP technology combined with the right industry expertise in ERP implementation can provide you with a robust and interconnected system that delivers an unprecedented level of efficiency and synchronization in production, reporting, and demand planning.

All of the areas mentioned above can assist you in adhering to your company's sustainability strategy and are linked by a well-rounded and flexible ERP software like Odoo.

GeminateCS takes pride in having a diverse on-hands expertise from serving clients from industries such as Manufacturing, Supply Chain, and Retail all over the world. Contact GeminateCS consultants today to learn more about how you can make your business more environmentally friendly.

via Ref Link : https://www.geminatecs.com/blog/6-ways-an-erp-can-help-your-business-drive-sustainability

Why is Odoo ERP superior to other ERP systems?

Odoo, founded in 2005 as Tiny ERP by Fabien Pinckaers, has grown to become one of the world's most popular ERP providers. In today's world, ERP software is an unavoidable part of doing business. ERP gives you complete visibility into your core business processes. With so many ERP software options available, the real question is what distinguishes Odoo from the rest. Odoo's modular architecture provides high flexibility and cost savings. It combines the benefits of standardization and customization. Odoo version 14 has been released, and version 15 is on the way.

Let us now look at the features of Odoo that set it apart from other ERP software on the market.

Simple to use:
Odoo is simpler to use than other ERP software. It has a user-friendly interface that makes it simple to use for anyone. Odoo has some functional features that allow configuration to some extent even by people with little programming knowledge.

Simple Integration:
Odoo is API-friendly, so you can easily integrate it with other business systems. You can improve your customers' experiences with you by providing seamless integration with apps they already use using third-party integration.

Cost-effective:
Odoo is an open-source ERP with a low cost of implementation. Unless you purchase the enterprise version, there is no license fee for Odoo. You can choose between community and enterprise versions, with the community version being completely free and the enterprise version costing a reasonable amount based on the apps you select. Odoo ERP's maintenance costs are also lower when compared to other ERPs.

Customization:
Odoo is highly customized based on the needs of the user. Rather than replacing your business processes, customization helps to optimize them. Odoo ERP Customization gives your company a distinct identity in the market. Odoo allows you to choose from a wide range of apps and add functionalities based on your business needs.

Free and Open Source
Odoo is an open-source ERP software, so you have complete access to the source code. As a result, anyone can make changes, upgrades, or customization as needed.


One Solution for Your Entire Company
Odoo is a comprehensive software solution that can meet all of your business requirements. It includes modules like Sales, Inventory, Human Resources, Accounting, CRM, and others. You can select and implement the modules required for your business. Odoo is thus extremely cost-effective.

Choosing the right ERP for your business can help you grow tenfold. If you want to get a customized ERP for your business or replace your current ERP, GeminateCS is a great option. GeminateCS offers high-quality software products and services tailored to your specific requirements. GeminateCS, as one of the leading Odoo experts in India, provides the best Odoo ERP solutions and services that focus on enriching your business process. We have a dedicated team of developers, executives, and insightful management. We prioritize customer needs and provide the best Odoo services with complete client satisfaction. Send an email to you have any questions.

via Ref Link : https://www.geminatecs.com/blog/why-is-odoo-erp-better-than-other-erps-why-is-odoo-superior-to-other-erp-solutions

Creating a Wizard in Odoo to Generate a Dynamic Field

This blog will explain how to create wizards in Odoo for creating dynamic fields.

First and foremost, let's talk about wizards.

In Odoo, wizards are accustomed to interacting with dialogue boxes.

There are primarily two types of wizard models available in Odoo:

The model class is the foundation of the vast majority of Odoo models. Furthermore, it has a long-term database, as evidenced by the accuracy of the data stored in the table rendered.

The type's transitional Data structure determines the transient Model. Furthermore, the information stored in the data set is brief in this class, and data from the data set table is fixed up on a regular basis.

Odoo employs a transitory/transient model in which data is saved only temporarily and data in the wizard only requires temporary storage. The following are the characteristics of the transient model:

The wizard's data can refer to standard records or many2one fields, but standard records cannot refer to many2one fields or wizard data.
Because the data in the wizard requires little storage, it is re-transmitted after a while.
Clients have all consents on wizard data; they do not require direct access rights.

Readers from any industry can gain a better understanding of the next level if they consider the wizards mentioned above.

Because the readers are also students, we will go over the Odoo Module, highlights, latest highlights, and installation before discussing how to create wizards to create dynamic fields in Odoo.

This module can be used to create dynamic fields in a non-performance-critical errand. It is simple to use. Highlights, features, and fields from the system are demonstrated.

Highlights

Simple to use

The user does not need any technical knowledge.

Any field can be easily added or removed.

It is simple to grant a specific user group access to any field.

Adding a custom tab to Task Form View is simple.

Add a custom area to the Task Form view.

For the binary field, use an image widget.

Widgets with tags or checkboxes are used in a variety of situations.

Help text, a required field, and a duplicated field are also notable features.

A radio widget that corresponds to a related field.

There are phone, URL, and email gadgets for scorch fields.

There are numerous field types to choose from.

The widget can also be used in one2one and many2many fields.

A field selection widget that allows you to select one or more fields.

The position of fields is easily indicated.

Latest Odoo Features

A binary widget with the Many-2-Many feature has been added.

The hourly and minutely follow time widgets now include a float time widget.

In the text area, an HTML widget has been added that will be useful for viewing an HTML interface.

This feature was added in order to fulfill a requirement.

A new feature has been added to the new version (1.0.3)

Adding a custom tab to the Task type view is simple.

Installation Pattern:

> If it’s not too much hassle, you’ll be given a link to download the compressed record of the module.

> When you open the compressed folder, you will see the folder ‘bv_task_custom_fields.’

> Control V and Control C to insert this folder into your odoo custom Widget Path.

> Now, start Odoo in Developer Mode.

> Go to the Apps menu and select ‘Update Modules List,’ then press the Update button.

> Check for ‘bv_task_custom_fields’ in the search bar.

Odoo is an open-source program that makes nearly all fields available for quick access. In some market situations, however, we must add fields and retry in the same manner. From this end-perspective, user's it is difficult to create a field from code. So here is the prerequisite for creating Dynamic fields in Odoo.

Let's take a look at GeminateCS Odoo dynamic field creation.

The above-mentioned features and installation would be helpful in understanding the method.

To begin, we built the following wizards to create a dynamic field:

To show the types of fields, we used selection=get possible field types on the field, field type, and the process get possible field types is as follows:

Each field in this view has an alternative widget, such as many2many tags, radio, and so on.

In order to return the widget based on the field type, we have a method for changing the field type, which is described below:

The view on the widget is as follows, ie, wizard.xml:

Use the following method to construct the field:
The wizard in this model contains a render field button, and when that button is clicked, the technique creates fields is executed.

Conclusion:

GeminateCS , a leading Odoo ERP development company, can create a customized module and dynamic fields in Odoo for your company. Please contact us if you have any questions about current Odoo features, wizard creation, or the Odoo open-source development model. Very good reading.

 via Ref Link : https://www.geminatecs.com/blog/creating-a-wizard-in-odoo-to-generate-a-dynamic-field

The Advantages of Odoo Accounting for Business

Are you still using workbooks or a regular notebook to manage your accounts? Finance and calculation functions will become more difficult as businesses grow and technology evolves. ERP system software, such as Odoo Accounting, will make tasks easier and faster in the system, saving you valuable time and money. Odoo Accounting is a simple accounting system that accurately tracks your finances. It enables you to handle all of your accounting needs, including payments and invoices, bank reconciliations, reports, and much more, from a single location.

Why Odoo ERP for Accounting?

Odoo ERP's out-of-the-box application covers all aspects of the accounting process. The best part is that it has a simple process for using it and storing transactions in the ledger. The Odoo ERP accounting application integrates easily with other modules to collect data and allows for accurate reporting with a variety of parameters.

To effectively integrate the firm's processes, a common approach to addressing each customer, such as services or documents, is required. Management Accounts in Odoo provide this level of standardization. These Odoo Analytic/Management accounts are frequently used as the foundation for strategic business decisions. Analytic accounts in Odoo can be a useful management tool at the heart of various system processes. It enables businesses to run ad-hoc reporting and in-depth data analysis for increased business efficiency, and it also aids in the reduction of time spent on business tasks. Finally, odoo analytic aids in a better understanding of clients improve business processes and reduce risks.

Odoo Accounting ERP also provides custom modules as needed and assists businesses with all accounting processes. The Odoo accounting module in ERP has an impact on a variety of functions, including invoicing, bank reconciliation, multi-language support, managing contact registers, and many others.

Few features of Odoo for Accounting Industry

• Easy Invoicing

• Manage Bills and Expenses at ease

• Faster Payments

• Dynamic statements

• Bank Synchronization

• Contact management

• Customer reports

• Multiple payment options

• Automatic Bank Reconciliation propositions

• Web-service API

• Google spreadsheet integration

• Easy Data import and export

• Multi-currency and country-specific statements

• Asset management and tax management

• Analytical accounting

How Odoo Benefits Accounting?

Reconciliation

The Odoo platform's reconciliation feature allows for real-time reconciliation of the company's bank accounts and other accounting platforms. The Odoo platform's accounting module can be configured to sync the company's bank statements with the platform in real-time at regular intervals. This functionality will expedite the reconciliation of information, keeping users up to date with real-time data.

Invoicing

The Odoo platform accounting application enables users to generate invoices for product and service sales at various stages of operation. Invoicing can be generated directly from the sales quotation and sent to specific customers via email or physically handed over. Furthermore, the Odoo platform allows its users or field staff to generate invoices directly from the field for service timings and spares used.

Reporting in real-time
The module constantly monitors various aspects of business such as profit and loss, sales data, invoice details, and so on, which are displayed in the platform's report format. These are analytical data that will provide users with information about the operation of the business and will also allow them to plan accordingly. This real-time data can be sorted by filtering and grouping different aspects of various measures. The accounting reports of the business are depicted in charts, graphs, and tables that can be viewed in the platform's various default formats.

Accounts ledger and chart of accounts
The module assists the user in creating ledgers and keeping them up to date. These can be the same items that were kept in physical form in the beginning. The ledger reports are divided and described based on the user's needs. Furthermore, the platform allows its users to create and manage charts of accounts such as payable and receivable amounts that can be configured for the various aspects of the company credits and debit operations, taking into account the country as well.

Following up on payments
Odoo's accounting module allows users to follow up on payments that have not been made by customers. This option allows users to send out warning messages and displays the amount owed by customers to businesses.

Fiscal year configurations
The fiscal years define the company's operational status at the end of the term. The Odoo platform's accounting module enables users to create fiscal years based on days and months in accordance with standardization requirements. The fiscal year settings are determined by the fiscal year specified by the authorities. When fiscal years end, Odoo alerts users by distributing payable and receivable accounts, and if any payment is not allocated to a chart of account, Odoo simply creates an additional miscellaneous account.

Payment terminologies and Multiple currencies

Odoo's accounting functionality allows users to describe various payment options such as direct payment and down payment, which can be done based on a fixed amount or a fixed percentile rate. Odoo's down payment functionality is a common tool for customers and will bring in more business opportunities for the company.

Odoo can set up multiple currencies to be used if the organization operates in multiple countries. This tool will enable users to participate in transactions and will enable the company to work with multiple businesses from any country.

Users can visualize the future of their firm by saving time and expanding the reach of their business with the help of the Odoo accounting application. GeminateCS can assist in this regard by providing custom Odoo Accounting and other services that assist in the development of an accounting module suitable for your business. GeminateCS expert team can assist you with odoo consultation and services.

Via Ref Link : https://www.geminatecs.com/blog/the-advantages-of-odoo-accounting-for-business

Odoo CRM: A Effective Customer Service Management Tool

Are you looking for customer service software that is effective for your company?

What does it mean to have customer service software?

CRM software acts as a digital solution for a company's customer management system. Odoo is an ERP software that includes modules such as Odoo CRM, HRM, Marketing, Operations Management, Billing and Accounting, Manufacturing, and so on. Odoo CRM is a platform that allows you to completely control your customer service system.

The customer is king in every organization. Effective customer management can propel a company to success. Odoo CRM provides you with a complete picture of your customers. Odoo CRM encompasses all strategies, techniques, tools, and technologies used by a business to develop, relate to, and acquire customers. It ensures that every interaction with the customer is effective and smooth in order to increase the organization's overall growth. Odoo CRM keeps a database of your customers that includes their overall purchase history, demographic information, and even purchase behavior patterns.

CRM software ensures that you have good relationships with your customers, colleagues, suppliers, and so on. With this technological advanced platform, it is easier to find new customers, provide qualified service, and gain their trust.

Features of Odoo CRM

User Interface with Cutting-Edge Technology
Simple and simple to use. Odoo CRM dashboard provides a well-organized view of sales activities. The Odoo dashboard provides a technologically advanced, user experience.
Reduces the drawbacks of data entry
Users can receive leads automatically via email and VoIP calls, as well as send quotations and sales orders with a few clicks. It cuts down on paperwork. As a result, Odoo CRM reduces the drawbacks of data entry. You can manage your sales pipeline by dragging and dropping items.

Pipeline Management: CRM gives you a clear picture of your opportunity pipeline. Odoo CRM assists in the creation of distinct stages for the sales team. It is also possible to create sub-stages to improve process management. Another unique feature of Odoo CRM is the automatic archiving of lost opportunities. As a separate field, lost opportunities will be available.

Analytics and Reports:
CRM software allows you to track your dynamic business activities over time. Users can view the sales team's daily, weekly, and monthly performance as well as the hours invested by each team member. CRM provides you with access to a variety of analytical features for tracking various sales activities.

Analysis of Leads:
Odoo CRM assists in keeping leads separate from opportunities and avoiding lengthy sales pipelines. Odoo CRM makes it simple to convert a lead into an opportunity. Proper lead tracing will result in the analysis of leads from each marketing team.

Advanced features:
·Live chat
·Mobile view
·URL tracker
·VOIP

Odoo CRM has a user-friendly interface that makes it appealing and simple to use. It is a low-cost, no-licensing application. It is also possible to access the system from any location by using a laptop, mobile device, or iPad. In addition, with a few clicks, the user can enter leads, access contact person details, and schedule activities and meetings. With Odoo CRM software, management can maintain a decent and strong relationship with the customer.

CRM Implementation:
Customers can use Odoo Experts to help them implement the software. GeminateCS will be the best choice as the leading Odoo Experts in India. GeminateCS is a software development company that offers professional IT solutions to clients all over the world. We have a development team that specialists in ERP Development, Odoo Development, Odoo Resources, Odoo Customization, Web Design and Development, SEO, and Mobile App Development. We make certain that the development process we use is up to par with the best in the industry, ensuring maximum quality and efficiency. We have the most professional team of functional and technical people who give Odoo their all. Send an email to contact@geminatecs.com if you want to learn more.

via Ref Link : https://www.geminatecs.com/blog/odoo-crm-a-effective-customer-service-management-tool