Overcome COVID 19 Effects on Business with Odoo ERP

Overcome COVID 19 Effects on Business with Odoo ERP

As we all know, Covid-19 has furiously invaded and spread around the world causing frightening numbers of ill and dead people, and with all the efforts made by governments and medical institutions to find a cure for this pandemic, the situation is still critical. And because of the quarantine and the lockdown imposed, the global economy was greatly affected ending up with a severe economic crisis in addition to the already bad health situation. Due to the lockdown in various parts of the world, supply chains have been disrupted, production has been stopped and many businesses had to shut down until further notice.

So, after getting rid of this pandemic -hopefully soon- and businesses go working again, we will find ourselves facing another challenge which is recovering from the currently messed up economic situation and making our businesses functioning properly. Well, this can be a tough task and requires modern and innovative measures. Utilizing an ERP system at your company plays a great role in making businesses productive again. An ERP like Odoo, with its Business Intelligence, reduces workforce requirements and increases productivity by helping to utilize a company’s full resources effectively and thus attaining maximum productivity. How can Odoo help to overcome this business crisis, and what can it offer? Let's see.

Minimum Workforce

Odoo's great modules such as Manufacturing, CRM, Purchase, Sales Inventory, and e-Commerce… help your business well function even when you have fewer employees. The automation of various tasks that these features offer, allows good communication among your staff wherever they are working; from home or at the company. Production, Invoicing, Lead Generation, automation of Manufacture, Purchase, and Stock movement with the aid of Odoo's modules provide perfectly navigated paths for your business. So even under strict safety measures and some integral employees, you can keep your work going with Odoo various services.

E-Commerce and Lockdown

As statics stated, e-commerce platforms such as Amazon had a major increase to 190% in sales of all kinds of products because of the lockdown. In fact, while some businesses had to shut down and wait until the lockdown is over, e-commerce was flourishing. So, if your warehouses are full of products, but you can't sell any of them due to the quarantine, Odoo can solve your problem by creating an e-commerce website to keep the sales going. Setting up a website for e-Commerce is so simple in Odoo. It allows you to create a professional design with very elegant and attractive themes without being a designer. You can as well adjust pages easily to fit your company's unique style. Odoo e-commerce websites are also connected with different online ways of payments such as PayPal, Ingenico, Adyen, Buckaroo, Authorize.net, PayUmoney, Stripe, and SIPS Wordline, which makes buying a lot easier for customers.

Remote Management

Remote management is an essential characteristic in any ERP system, and Odoo masters it likes no other. Due to COVID 19 and the transportation curfew imposed in many countries, a lot of companies that follow a traditional way of working and managing had to shut down and wait. Well, with Odoo you can get over the need for the physical presence of employees and managers. You can manage every integral activity from your home. All you have to do is to have access to the internet and a computer. Keep your business activities going by having access to your company’s database whenever wherever you are, thanks to Odoo’s highly efficient functionalities and Business Intelligence.

Meeting High Demands for Products

Once companies are back to work after being done with the pandemic, the businesses find themselves forced to work at their full capacity to meet the high demands for products. The disrupted supply chain, production restricted due to lockdown and thus the scarcity of daily life products necessarily creates a high demand and no stock situation. To overcome these challenges, companies should be equipped with the best ERP solution to organize their work processes. With Odoo's efficient Manufacturing module, you can

·        Manufacture a multitude of products with minimum damage and good quality.

·        Plan and schedule employee shifts and activities for weeks ahead.

·        Purchase components required for production by the various reordering and purchase policies in Odoo.

In short, with Odoo you can have a fast and well-organized production. 

Virtualization of Transactions

As financial transactions with currency have become an old fashion. All business organizations now use virtual transactions and Internet Banking for their trade, yet accounting is a different matter, as in most cases it's done separately. Well, Odoo's accounting module solves this problem. Odoo allows you to integrate all your transaction together, share them easily, and obviate the traditional accounting methods.

Better and Secure Business Communication

 In these difficult times, businesses are facing, difficulties, effective, and secure communication among employees, partners and clients are essential to business, and you can have that with Odoo. Odoo Discuss is a commercial, user-friendly messaging application. The application is so effective, as it enables dozens of individuals to communicate with each other simultaneously in no time. Odoo ensures the sharing of projects and other integral documents between employees of any numbers without any leak of information.    

Cost-effective

The main goal of an ERP is to offer effective management services at a reasonable price. With Odoo's robust and customizable modules, you can minimize your business management costs without compromising the quality of service.

To conclude, we all in this hardship together, and we hope we will overcome it soon. However, troubled times require drastic creative measures. For all businesses that have suffered from the economic effects of the lockdown, we tell you, with Odoo you can refresh your business again and make it stronger, safer even than before.

For more information or support in all Odoo ERP services for your business, please contact us at info@boraq-group.com.

Boraq Group is an official Odoo Partner and has a well-qualified team of developers and consultants who has a long experience in implementing all Odoo modules. We can help you with whatever your business needs.

Keywords: COVID 19, Odoo ERP, Boraq Group, Odoo Partner, Manufacturing, CRM, Purchase, Sales Inventory, e-Commerce, Odoo Discuss.