Any business must carefully consider the implementation of an Enterprise Resource Planning (ERP) system since it has the potential to significantly alter current workflows and processes. Businesses are implementing ERP to streamline processes and boost sales as the ERP market expands both domestically and internationally, particularly in India. By 2028, the ERP market is projected to have grown at a compound annual growth rate (CAGR) of 12.12%, with a market value of USD 6.32 billion.
ERP may appear to be a huge word and a challenging project to accomplish from a distance. Yet, the adoption of ERP has grown simpler as more startups and youthful individuals express an interest in developing this sector.We want to explain the following myths around Odoo ERP implementations as demand grows worldwide:
1. Odoo Customization & Implementation is expensive
Even while Odoo customization and deployment can be expensive, over time they are frequently more affordable than many other ERP options. Because Odoo is modular, companies can begin with the most important parts and add to it gradually, guaranteeing a scalable investment. Additionally, as Odoo is open-source, companies may avoid paying expensive licensing costs that come with competing ERP systems.
When compared to traditional ERP systems, Odoo might be more affordable and provide more flexible price alternatives.
Because Odoo is an open-source platform, there is always initial chatter about it being free. However, it's not! While not free, Odoo is reasonably priced.Applications are available for Rs. 580 per month for each. It is not necessary for users to install separate programs for various job responsibilities.
2. Odoo being an open-source and not secure
Myth: Odoo is not secure because it is open-source.
Well driven fact is that as Odoo is open-source, security updates are constantly driven by the community.
Companies think there is insufficient security and support for open-source software. Ideally, though, this is a myth—nothing of the such exists. Odoo has excellent security because it is an open-source program. Odoo offers options for backup and disaster recovery, so your database is protected. Additionally, Odoo encrypts client data, which further enhances its security as a platform for commercial use. There is no possibility of data misuse and the data is safe.
Support from the Odoo community is always available. It has chosen implementation firms that are willing to collaborate with them. These organizations can give businesses the support they need in accordance with the standards, which makes Odoo a safe open-source solution.
3. Odoo is only for larger enterprises
Myth: Only larger businesses may use Odoo.
However to burst this bubble of myth, it's a fact that Odoo is adaptable and appropriate for companies of all sizes.
There's a common misperception that Odoo, the ERP solution, is exclusive to larger businesses. This indicates that due to their size and scope of operation, only they are able to finance the ERP system. Smaller businesses consequently began searching for an alternate solution because they were hesitant to implement this new technology.
SMEs believed the notion that Odoo was not designed with their needs and size of business in mind. Odoo Enterprise, on the other hand, makes customization and installation easier because it meets the needs of various kinds of enterprises.
The availability of cloud-based software has made it accessible to all types of enterprises. Because of its cost and recent technological improvements, ERP is now regarded as the primary answer for everyone.
Odoo ERP capabilities like CRM, POS, website builder, etc., can be used by E-commerce companies, marketing agencies, small accounting firms, etc. to enhance operations and hike business growth.
4. Odoo Implementation is quick and not time consuming
Myth: It's Real and Quick to Implement Odoo.
The duration of an Odoo setup varies based on the needs for data migration, customization, and business requirements.
A common misconception among users is that an ERP module may be easily integrated. However, this isn't always the case. Odoo offers a range of modules based on a company's size, scope, user base, and management goals. It is also feasible to migrate from one application to another.
Numerous such factors may influence the process of implementation. It could take some time for the implementers to understand who uses the feature and make the required adjustments. An ERP's deployment could take many weeks or even months at times.
5. Odoo eliminates need of human interference
Myth: There is no need for human intervention with Odoo ERPs.
But the Fact is In order to use ERP effectively for data input, analysis, and decision-making, human engagement is necessary.
Odoo ERP is not an automated or robotic system. There is undoubtedly human participation. Accurate judgments, analytics, and user scope are impossible without human intervention. It's a popular misconception that all consumers need to do is configure, then unwind! No, that isn't really true. To make judgments in the future and adjust properly, you must regularly monitor and evaluate your operations.
Data interpretation, strategic decision-making, and handling of exceptions that automated systems might not be able to handle all require human input. Odoo increases productivity by decreasing manual labor, but it does not completely replace human interaction.
Our Story
Vraja Technologies has been part of Odoo Community for the past 8+ years and has hands-on experience in implementing Odoo ERP for various businesses.
At Vraja, we have established shipping integration in over 50 countries globally and developed over 200 apps. Our specialist professionals have been developing the applications for over 7 years with their expertise. We believe in transforming the business process and helping them survive in the global marketplace with minimal human intervention and automated techniques
Not only shipping but now we have been moving in all the pace of businesses where we help our clients to reduce their cost, reducing churn rate, increasing overall performance and sales. We are your go to partner for all the types of Odoo Implementation and customization for your business.
Contact us at : https://www.vrajatechnologies.com/contactus