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What's New and Noteworthy in Odoo 15?

  With a new AI engine, better POS system and inventory management, what else does   Odoo 15   offer to us? The official unveiling of Odoo 15 took place during the Odoo Experience 2021 on October 6 and 7. This event covered many topics and shared valuable information, with a highlight being the introduction of Odoo 15. Read below for Odoo 15's most recent features and improvements! What are Odoo 15’s available editions? Odoo 15  is out now and available in  Odoo Community and Enterprise editions . The open-source version,  Odoo Community , is mostly suitable for small and medium companies. With no licensing fees, users can access an extensive range of apps, showing the spirit of a community-driven approach. Essential modules on business operations, including sales, inventory, CRM, and HR, are included. Although the Community edition may have yet to have the advanced capabilities included in the Enterprise, it is still a great starting point for businesses looking for a flexible and

Top 5 ERP Software For Small Businesses In Australia

  How does   ERP software for small businesses   play a role? In Australia, one big reason for SMEs' struggles is inefficient business management ( Australian Banking Association, 2023 ). That’s why an enterprise resource management system (ERP) is a powerful solution that can help us save much time and costs on daily processes. Handling finances, managing inventory, enhancing customer experience, etc., all can be resolved with an ERP that fits your company. Let's jump right in to discover what you need to know before  ERP implementation  and the 5 best solutions in the Australian market! Why is ERP software important to small businesses? Implementing  ERP software for small businesses  is crucial as it covers the entire spectrum of activities in the organisation. Businesses cited shorter processing times, better teamwork, and a centralised data system as the top 3 advantages of running ERP. The software provides a unified system that different departments can use to work toget

Breaking Down Cloud-Based ERP Systems and Its Impact on Business

  50% of businesses are either intending to update their   cloud-based ERP systems   or are in the process of purchasing one (Technology Evaluation Centres, 2022).   Cloud-based ERP systems   have revolutionised how modern businesses manage everything from inventory to accounting. More than ever, companies of all sizes are thinking about   cloud ERP . To remain at the top of innovation, you must know cloud ERP and how it may benefit your company. Let’s get a thorough breakdown of cloud-based resource planning software. Explaining cloud-based ERP software 1. Cloud-based ERP meaning: The glossary of terms ERP  stands for “enterprise resource planning’’ - typically a suite of integrated applications that businesses can use to manage data across the departments. “Resources” can be (but are not limited to) materials, employees, capital, equipment, and more. Cloud-based ERP is software provided and managed in the cloud. This software typically goes through regular monthly maintenance and upd