Odoo’s Manufacturing Resource Planning (MRP) module is designed to centralize, integrate and process information for effective decision making in scheduling, design engineering, inventory management and cost control in manufacturing. Odoo provides a powerful and systematic approach to run organization’s manufacturing … Read More
First and foremost, Odoo Supply Chain Management (SCM) solution is designed to improve the efficiency of your operations, from inventory check-in and storage to distribution and transportation. By making the processes automated, the time spent on these tasks drops considerably, … Read More
Odoo Financial Resource Management (FRM) solution provides you the opportunity to achieve the highest levels of business performance and financial excellence. It makes transactions quicker and accurately without compromising control. It can adapt and accommodate new business and regulatory requirements … Read More
Odoo Sales Management and Customer Relationship Management (CRM) solution brings together all techniques and tools that are used to build strong, and long-term relation with customers and prospects, in order to retain them and offer them products (goods or services) … Read More
Odoo (former OpenERP) is an all-in-one business software that offers a range of business applications that form a complete suite of enterprise management applications targeting companies of all sizes. It includes integrated solutions for CRM, website/e-commerce, billing, accounting, manufacturing, warehouse … Read More
“Crystal Reports” is a Business Intelligence (BI) application used to create custom reports from a variety of data sources. The package includes the major features needed for a business to create an efficient reporting environment, such as global and secured … Read More
“The single and most powerful element that any successful company can have is adaptability,” says Michael Hsu, founder and CEO of autonomous accounting firm- DeepSky. While being innovative tells customers you can do something new once, being adaptive tells them … Read More
When talking about software for the Human Resource department, HRMS and HRIS are the two most common terms. This article explores the difference between the two in order to make it easy for you to decide what you really want. … Read More
It’s the time to say goodbye to manual leave management for your employees! Leave management is one of the most time-consuming and complex HR processes. It can be a challenge to manage the leave accounts of hundreds of employees manually … Read More
The word “semantic” refers to the meaning or essence of something. Applied to search, “semantics” essentially relates to the study of words and their logic. Semantic search seeks to improve search accuracy by understanding a searcher’s intent through contextual meaning. … Read More
Customer Relationship Management (CRM) software is a necessary tool for the growth of an product-selling organization. CRM systems are widely used across organizations to support sales, marketing, business development, and customer support. In fact, 91% of companies, with at least … Read More
Keeping accurate financial records is an essential part of running your business. Your options include hiring an accountant or bookkeeper, delegating the chore to another employee or keeping the books yourself. A popular method of maintaining your own books is … Read More
To manage an effective risk management solution requires more than the calculation of VaR. Ultimately a successful risk management program requires the execution of an effective hedge. Technical analysis is a vital element of this strategy. Recent market reversals brought … Read More
Odoo Customer Relationship Management (CRM) solution brings together all techniques and tools that are used to build strong, and long-term relation with customers and prospects, in order to retain them and offer them products (goods or services) which are most … Read More
Odoo Financial Resource Management (FRM) solution provides you the opportunity to achieve the highest levels of business performance and financial excellence. It makes transactions quicker and accurately without compromising control. It can adapt and accommodate new business and regulatory requirements … Read More
Manpower planning is one of the most important responsibility of the HR department. Odoo Human Resource Management (HRM) solution ensures best utilization of resources through employee’s skills, interests, experience and availability. There is no doubt about the efficiency of your … Read More
First and foremost, Odoo Supply Chain Management (SCM) solution is designed to improve the efficiency of your operations, from inventory check-in and storage to distribution and transportation. By making the processes automated, the time spent on these tasks drops considerably, … Read More
Odoo’s Manufacturing Resource Planning (MRP) module is designed to centralize, integrate and process information for effective decision making in scheduling, design engineering, inventory management and cost control in manufacturing. Odoo provides a powerful and systematic approach to run organization’s manufacturing … Read More
The resources of an organization consist of people, materials, equipment, knowledge and time. Organizations typically have limited resources; therefore, trade-offs on what project resources are expended and when are made every day within organizations. Odoo provides smart resource allocation planning … Read More
Odoo (former OpenERP) is an all-in-one business software that offers a range of business applications that form a complete suite of enterprise management applications targeting companies of all sizes. It includes integrated solutions for CRM, website/e-commerce, billing, accounting, manufacturing, warehouse … Read More
“Somadha” is a Bengali word. It means solution. Goal of Somadha is to bring out the inside story of a business in front of top management in an organized and smart way Somadha is a cloud based, integrated, all-in-one business … Read More
It wasn’t long ago that traditional ERP solutions like SAP Business One and Oracle E-Business Suite dominated the ERP as well as Business Intelligence (BI) solution market. But over the last few years, alternatives to traditional solutions, such as Odoo have … Read More
Tomorrow’s ERP will enhance the ability of organizations to apply context to decision-making and adapt more easily to changing events. Advances in data compression, storage and memory costs, and distributed computing should allow for real-time processing and analysis of internal … Read More
Enterprise Resource Planning (ERP) systems have fundamentally changed the work of IT organizations. The sheer size and complexity of ERP implementations makes managing these projects difficult. There are really two basic sides- managing people and implementing technology. An ERP package … Read More
What is Business Process Reengineering? Any kind of implementation of Business Suite like ERP or eCommerce differs from generic Business Automation. Here comes Business Process Reengineering (BPR). It consisted of starting from a blank slate and completely recreating major business processes … Read More
A business process or business method is a collection of related, structured activities or tasks that produce a specific service or product (serve a particular goal) for a particular customer or customers. It is the way a company handles a … Read More
Advantages of ERP: The fundamental advantage of ERP is that integrated businesses processes that saves time and expense. Management can make decisions faster and with fewer errors. Data becomes visible across the organization. Sales forecasting- that allows inventory optimization. Chronological … Read More
In 1990, Gartner Group first used the acronym ERP as an extension of material requirements planning (MRP), later manufacturing resource planning and computer-integrated manufacturing. Without replacing these terms, ERP came to represent a larger whole that reflects the evolution of … Read More
Enterprise resource planning (ERP) is business management software- usually a suite of integrated applications—that a company can use to collect, store, manage and interpret data from all business activities. ERP provides an integrated view of core business processes, often in real-time, … Read More
A chart of accounts is a listing of the names of the accounts that a company has identified and made available for recording transactions in its general ledger. A company has the flexibility to tailor its chart of accounts to … Read More
If you’re investing in emerging markets, you need to know about the world’s two main accounting systems: Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). GAAP is used principally in the United States, although the Security and … Read More
If the words “debits” and “credits” sound like a foreign language to you, you are more perceptive than you realize—”debits” and “credits” are words that have been traced back five hundred years to a document describing today’s double-entry accounting system. … Read More
If the words “debits” and “credits” sound like a foreign language to you, you are more perceptive than you realize—”debits” and “credits” are words that have been traced back five hundred years to a document describing today’s double-entry accounting system. … Read More
