Controlling operational costs is a critical concern for any business; however, small and medium-sized enterprises (SMEs) are often under pressure to act carefully to make the most of limited resources.
OptimySME has partnered with Odoo to deliver an ERP solution we believe provides SME’s with the most flexibility while improving efficiency and maximising resources. By leveraging our implementation expertise and Odoo's ERP solution, New Zealand SMEs can reduce operating costs, improve efficiency, and build resilience - even in challenging economic conditions.
There are several ways Odoo can help SMEs control costs:
Automation
Odoo allows businesses to automate tedious repetitive tasks, reducing the need for manual labour and saving time and resources. This can help SMEs control their labour costs while improving productivity by reducing delays and bottlenecks. Automation is an essential way for organisations to build resilient operations as software runs vital processes from start to finish, and savings can be invested for the future.
For example, many organisations still manually email invoices to customers, tying up admin resources. With Odoo, this process is automated to save time.
Process innovation
Odoo can help streamline business processes, reducing waste and inefficiency. By eliminating unnecessary steps and reducing duplication within processes, SMEs can save time and money while improving quality and customer satisfaction.
For example, a customer sale can automatically create a manufacturing order, a purchase order, a dispatch or any combination as required. No need to enter data into multiple systems. Small improvements quickly add up!
Real-time data
Odoo provides real-time data and analytics, enabling SMEs to monitor performance. By identifying inefficiencies and implementing corrective measures, SMEs can manage costs while improving outcomes. Real-time data also paves the way for better and faster decision making.
For example, knowing a customer's amount owing at sale time can avoid risks associated with bad debts.
Integration
Odoo can integrate with other software solutions, such as accounting software, supply chain management tools, and manufacturing software, allowing SMEs to manage multiple processes from a unified platform. This can reduce the need for multiple software licenses, additional development time, and eliminate redundant data entry, saving time and money.
For example, Odoo offers a module that integrates with freight companies to enable accurate freight costs to be known at sale time, avoiding under-recovery.
Scalability
Odoo ERP is scalable, allowing SMEs to add new features and modules as they grow. This can help SMEs avoid the need to invest in new, comprehensive software solution up front, and instead scale up their existing system, reducing the costs associated with technology adoption. A phased approach goes a long way toward mitigating risks involved in implementing new software.
While investing in any ERP solution requires careful consideration and planning, and prioritising the necessary financial investment, the long-term cost benefits often outweigh the initial costs of software adoption when working with the right partner.
Would you like to chat with one our ERP experts to learn more about how we can help? Get in touch for a free, no obligation consultation.