OpenERP is a wide-ranging collection of business applications that include sales, project management, warehouse management, CRM, human resources, manufacturing and the list goes on. OpenERP is an ideal solution for the small and medium businesses and is available both on-site and cloud technology. It has over 2 million users and has over 1000 downloads each day. The OpenERP is available in 23 languages. OpenERP offers several features that would suit every type of business.
OpenERP is highly modular and allows the users to start with low modules and increase as their business needs. It adapts and updates itself to the changing technologies. The software is a customizable solution that can be tailored to suit the individual needs of a business. There is no license fee involved and allows the users to download, test and use it. OpenERP allows consolidation of individual ERP systems that many organizations have. It has low cost of ownership that compensates for the several savings that it offers in the form of controlling operating costs, inventory costs, administrative costs, maintenance costs and many more. Reports and feedbacks can be generated on demand. It allows easy inventory management and stock availability can be displayed to distributors and dealers. It also can create a Q&A forum on the website. It allows creation of a community platform and add unlimited users. It comes with an inbuilt marketing techniques to conduct online surveys and do email marketing.
OpenERP has been named Odoo in the year 2014 to keep it as a unique software and distinguishing it from the other traditional ERPs.