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Odoo ERP

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Odoo ERP Features and Reviews

Odoo ERP accounting software empowers businesses of all sizes with tools to meet their accounting needs and grow their companies.

Overview

Odoo ERP accounting software is open-source, and it focuses on helping organizations in different industries to manage their finances. Enterprises of all sizes and budgets can use this customizable software to develop new processes and create business modules. This fully-integrated software enables users to synchronize it with their bank to get their bank statements automatically. Plus, Odoo ERP accounting software allows businesses to manage their bills and expenses with ease.

Organizations can use this software to develop invoices, manage recurring bills, and monitor payments. Odoo ERP accounting software provides users with a smart reconciliation tool to automate their reconciliation process. Businesses can use this software to create invoices from delivery orders and sales orders automatically, and they can automate debt follow-ups to get paid faster. Besides, Odoo ERP accounting software allows users to create balance sheets, earnings reports, and cash flow statements. 

Odoo ERP accounting software enables users to filter, compare, or annotate any data. Organizations can use this software's business intelligence tools to report across different dimensions. This software allows businesses to monitor their expenses and re-invoice them in batches, and they can use it to synchronize their transactions and stocks to keep their valuation updated. Also, Odoo ERP accounting software allows organizations to create invoices from the point of sale transactions with ease.

This software offers users an AI-powered invoice automation capability that helps create accurate invoices and streamlines their workflow. Businesses can use Odoo ERP accounting software's Optical character recognition engine to convert their scanned documents before processing it with the AI. This software enables users to monitor their bank accounts movements and invoice statuses. Additionally, Odoo ERP accounting software allows businesses to access insightful data and analyze their invoicing using customer, product, or salesperson.

Product Details

Odoo ERP accounting software enables users to automate accounting processes like invoice creation and bank statement registration. Users can use this software to collaborate with their colleagues on documents with ease, and they can seamlessly reconcile a payment with multiple invoices. This software allows users to instantly access their accounting capabilities on the go with thier smartphones or tablets. Odoo ERP accounting software enables businesses to sync their bank statements with their banks automatically. Plus, users can use automated reconciliation to save time.

Odoo ERP accounting software enables organizations to create full-featured invoices with ease. Users can use this software to develop invoices with discounts, price lists, multiple taxes, and payment terms, and it supports various payments or cash discounts, partial reconciliations, and advance invoice. This software automatically creates draft invoices based on delivery orders, timesheets, and sales orders. Besides, Odoo ERP accounting software enables users to carry out automated, on-the-fly payment reconciliation.

Odoo ERP accounting software supports different payment gateways like PayPal, Authorize.net, Adyen, and Ingenico. Users can use this software to automate their tasks and follow-up letters to simplify their credit collection process. This software provides users with a receivable report that gives them an overview of treasury forecasts and overdue payments.

Businesses can use Odoo ERP accounting software to enable their customers to track their invoices, payments, and order status through their customer portal. This software offers users reports on customer statements to allows them to navigate through the documents with ease. Besides, this software enables business customers to scan a QR code and use their banking app to pay.

Odoo ERP accounting software allows organizations to control their supplier bills and compare the information on their orders. Companies can use this software to track their employee expenses like recording, validation, and reimbursement, and they can get a forecast of their bills. Also, Odoo ERP accounting software uses Artificial Intelligence to digitize scanned copies of invoices with ease.

Odoo ERP accounting software allows businesses to track their deposit tickets with ease. Organizations can use this software to automate supplier payments to pay at the right time. This software offers users optional validation steps to help them organize their payment orders, and they can automatically get their bank feeds from their bank.

Odoo ERP accounting software supports over 10,000 banks, mostly in Canada, the US, and New Zealand. Users can use this software to track every cash transaction and manage their cash register with ease. Additionally, this software allows businesses to import their bank statements, and they can use Coda, CSV, QIF, OFX files to do so. 

Odoo ERP accounting software enables businesses to get reconciliation propositions automatically. This software's smart reconciliation tool automatically matches invoices and payments with ease, and users can use bank statements or invoices to get reconciliation propositions directly. Organizations can use this software to create reconciliation reports to audit the differences between their accounts and bank statement balance for easy reconciliation. Plus, Odoo ERP accounting software provides accountants with advanced and flexible access rights.

Odoo ERP accounting software supports multiple currencies. Users can use this software to integrate their subsidiaries with consolidation reports in real-time, and they can use inter-company tiles to automate their business flows. This software allows businesses to define multiple users with different access rights, and they can organize their documents using departments and type of activity. Besides, Odoo ERP accounting software enables users to split tole across multiple users.

Odoo ERP accounting software offers users a pivot table to enable them to navigate through group data, consolidations, and filters. Users can use this software to create multiple standard reports, and they can assemble custom reports to develop their dashboard. This software allows users to navigate their accounts with ease, and they can generate multiple annotations. Also, businesses can use Odoo ERP accounting software to define their KPIs based on growth rate-by-products, customer acquisition costs, and gross margin.

Recap

Odoo ERP accounting software helps businesses from different industries to streamline their accounting workflows. With this software's AI automation, users can reduce the rate of human error and process data rapidly. Businesses can use this software to manage their bills and expenses, create invoices, and sync their bank statements.