As we discussed in our previous posting that Open Source ERP is the best option for SME’s of India. Since open source ERP software allows you with quick implementation at low cost and other advantage of the same are that it can be customized as per the business processes.
Although the fact is, slower the decision the higher ERP implementation cost & risk is involved. Although many government organizations are implementing Open source ERP software for their Mission Critical processes it’s widely used to by Small Scale Industries (SSI) and SME’s. In this scenario Enterprise Resource Planning (ERP) will be playing a major role in growth of small and medium size industries in India apart from contributing largely into the big business enterprises.
Why Odoo OpenERP is best suitable ERP for Indian SME’s?
ERP system will help streamline the functionality and technicality of a software solution in an organization, without any doubt will be an added advantage in generating return on investment. As explained earlier the gradual demand for ERP increased with a slump in the software market. Since this led companies to go in for ERP they automatically started to learn more about it either by force or felt need as they were left with no alternative. This indirectly created the awareness among companies. They learned more on ERP and realized its diverse applications. Finally they resorted to use of ERP for the whole of the company and stopped the idea of restricting it to mere back office functions.
Odoo OpenERP Evaluation Package – Some of the basic features of Trail or Evaluation package of OpenERP is that it provides you with your selected modules which are out of the box available. Some of the high level modules availability which any organization requires is as follows
- Sales Management module including the CRM module
- Marketing Management module
- Purchase management
- Warehouse Management which include inventory management module
- Human resource management
- Financial management with cost and analytical accounting features – In this you can even select the different chart of accounts as per your country requirement
- Manufacturing firms may require the – Manufacturing Module with BOM – etc.
The above module is implemented onto the case to case basis as per the client requirement. The advantage of using this evaluation package is that you don’t have to spend high amount and you get a quick start towards the implementation – normally it takes long time even years in just planning for the implementation of ERP software.
Features SME’s appreciate are:
Customers can customize Odoo OpenERP. There are many systems around that are closed and cannot be modified. And making changes to it means making changes to its core which will result in months. This is the opposite of OpenERP, you can see how easy it is to extend or override its functionality. Also, workflow functionality is quite powerful. Not all ERP’s have the capability of changing its behaviour as Odoo OpenERP does.
Customers can check code and tweak it whenever require. This might sound paranoid, but gives them confidence on the system.
No vendor lock-in. Small & medium size customer save lot of money in this. The fact they don’t have to stop the plant in order to switch vendors is highly appreciated. And being capable of keeping the code and giving its customization to someone else, who is capable of maintaining it, makes life easier for our clients.
Support forums. Odoo OpenERP has a strong community worldwide to back up. This is one of the reasons which differentiate from proprietary ERP tools.
License fees. All ERP systems have licenses that are more expensive than $15000 but the hardware and software as well. You only need a browser on your desktop to use Odoo OpenERP, no Windows licenses. And no server license as well. This saves thousands and thousands of dollars.
SaaS availability. Odoo OpenERP has also started rolling SaaS model which again makes it more economical for SME’s.
Constraints in Indian Market
Financial burden is a major determinant of ERP market in India. Many companies are hesitates to invest in ERP due to the exorbitant costs involved in it. Realizing this situation, Bista Solutions, has come out with an ideal ERP solution, which will be affordable to small and medium enterprises. For more information you can email – firstname.lastname@example.org