Odoo Will Replace SAP in The Race?

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ERP system came as a prior IT solution to businesses to address their daily muddles, operational issues and pain points in management.

As a complete software, it provides a cohesive view of all the organisation's functions and data to every member or the staff in real-time.

But, why or how Odoo comes in the limelight in the realm of ERP?

Moreover, Odoo takes ERPs one step ahead of all other prevailing solutions because of its ease-of-use.With no further fussing around, let's get clear about all the facts that make Odoo the standalone platform for developing ERPs for small-sized businesses.Odoo offers unmatched scope for functional adjustmentsNo doubt in this.

It is inevitably an 'all-in-one' solution, fully integrated, and interoperable, that covers up almost all intrinsic functional areas in a business.

Accounting, marketing, customer support, inventory management, purchase management, sales, and HR are some key ones.Odoo is most affordable ERP solutionWhile most small businesses shy away at the thought of getting an ERP is the unusual higher costs associated with its development, implementation and management, Odoo helps them bypass all the cost miseries.Firstly, they can start with some basic functionalities with Odoo's modular approach.

Idea - To showcase a thought leadership approach on the necessities of SAP implementation by companies.

The Systems, Applications, and Products (SAP) system from SAP AG is recognized as the market leader in ERP, application software, analytics, supply chain management, human capital management, master data management, data integration, and more.

With 100+ innovation and development centers, 102,400 employees, and market-leading implementation partners like Wipro and Oracle, SAP customers include 92% of the Forbes Global 2000 companies and 98% of the 100 most valued brands.

Why do businesses like National Grid, Siemens, and American Airlines opt for this ERP and consider it a strategic investment?To find the answer, let’s look at some underlying challenges faced by enterprises today-SMEs have limited resources and need to balance business value with functionality, support, and costs.Even though BI, performance management, and analytics are quickly gaining traction, businesses still struggle to go beyond basic reporting and analysis.Increased adoption of mobile, Big Data, and social networking have gaslighted the need for high-end data management.There is a growing demand for cloud adoption and/or migrating legacy applications to cloud-based options that provide flexibility in terms of usage and costs.SAP enables this adaptation journey with people-centric cloud applications that cross the traditional boundaries of enterprises.<>More than the basic ERPSAP has garnered some positive reviews and around 7.7% share of the global enterprise applications market due to its mature operation policies, faster gain on higher ROIs, enhanced productivity with controlled risks, and smooth flexibility with attenuated costs.

-Scalable data management  SAP can accumulate scattered data from multiple sources in one place and organize and centralize information for future business access.Support With the best software support services in the industry, SAP, and Algorithm provide peace of mind about your organization.Customizable features  Through strong partner relationships and an open ecosystem, SAP provides the choice and flexibility to find the best fit software.Cost SAP offers 23% lower implementation costs per component and 9.3% lower total software, service, and support cost per user than its competitors.Security and risk control SAP has the global certification from the British Standards Institute to ensure that consumers’ privacy rights are protected.Real-Time ERP SAP supplies real-time intelligence through the in-memory of SAP HANA (High-Performance Analytic Appliance).

<>Creating Impact Across Industries Let’s how market leaders are leveraging SAP-To simplify complex and disjointed processes and also speed up access to information, Siemens started using SAP and recently migrated to the SAP HANA.

Getting Ready for ERP ImplementationPreparation is the key to success!

What are the most important aspects in getting ready for an ERP implementation?

Read these step by step guidelines to ensure a successful ERP implementationhttps://www.forceintellect.com/2020/10/20/getting-ready-erp-implementation/

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