Businesses with more than a handful of employees have a lot to balance including pricing, product planning, accounting and finance, managing payroll, dealing with inventory, and more. Stitching together a set of disparate tools to handle those jobs is a quick, cheap, and dirty way to get things done.
That approach isn’t scalable. It’s difficult to efficiently move data between the various pieces of such an ad-hoc system. As well, it can be difficult to maintain.
Instead, most growing businesses turn to an enterprise resource planning (ERP) system. The thing about transitioning to an ERP system is not always easy, and sometimes, having the guidance and help of a consultant, such as https://sytecg.com/ can save you a lot of time and money.
Open ERP is an open-sourced software that consists of an array of enterprise resource planning systems. It was previously known as Tiny ERP and works on all of the main operating systems, such as Windows, Mac, and Linux.
There are a lot of different types of software today, and you can read this ultimate guide on IT services to get a better understanding. When it comes to Open ERP, though, read on to discover more about the features and what to expect.
Sales management
This part of the system obviously consists of everything which is to do with the selling of your company’s goods and services. You will be able to easily and effectively manage your price lists. Implement and follow any discounts you may have on for a certain period of time. As well as this you will, of course, be able to keep a close eye on your profit margins, you can set up your profit targets and analyse whether reality is matching up to your expectations. In addition to this, you can manage your e-commerce. You will be able to account for any sales you make in the easiest and convenient manner.
Customer relationship management
Customer relationship management is of course linked to your sales and overall profit. An effective customer management system is worth its weight in gold. Open ERP allows you to provide a high level of customer service by managing related aspects, such as any issues which arise, you can easily view them and deal with them. In addition to this, you can create quotes, orders, invoices, and easily track them at any time. Furthermore, you can implement an effective marketing strategy by sending personalized emails to everyone on your database.
Accounting
Make your business’s accounting needs easy by keeping everything in a concise organized system. You will be able to manage everything related to your outgoings and incomings, from taxes to customer invoices and supplier invoices to your balance sheet. The accounting feature allows you to ensure that you constantly keep up to date with your company’s accounts and that nothing gets forgotten about or brushed under the carpet.
Human resource management
Obviously, it is important to be aware of everything your staff is doing. This can be especially difficult in large companies. Human resource management software allows you to keep an eye on everything from attendance to recruitment and staff evaluations to personal expenses. It is an effective way to note who is flourishing and who is underachieving.
Warehouse management system
There is no better way to track stock coming from suppliers and to customers. As well as this you can also trace vehicles holding stock as well. This ensures complete control and that you are fully aware of where everything is and where it is going.
These are the main features of Open ERP. However, there are other features that you can benefit from, such as, manufacturing, supplier relationship management, knowledge base, point of sale, and asset management. There really is something to handle all aspects of your business and so it is a perfect way of ensuring everything is organized and that you are in complete control of all ongoings.