NarraTree Implementation Company

NarraTree implementation has been carried by various Businesses ranging from small to large. Companies that are using small business software also started implementing NarraTree software since there are various options available such as NarraTree Enterprise, Community, SH, etc. The best thing about NarraTree ERP software implementation is that it offers you excellent modules and apps that can be used for specific industries. For example: for Manufacturing businesses, there are basic and advanced manufacturing modules available, for trading and services too there are stand-alone modules available that can be implemented easily.

For more information on how you put benefits form ERP, please contact www.narratreeconsulting.com/products/NarraTree-ERP/ or call +65 8749-5624.

 

Odoo ERP For Business Intelligence and Data Analytics

 

November 23, 2021

 

Also read Odoo CRM Module: Features and Benefits at a Glance

 

Brief About Odoo ERP

 

Odoo is a suite of business process management tools that renders complete software development support for diverse business use cases. Odoo offers 10+ dedicated modules to effectively handle diverse business processes including CRM, HRM, finance, accounting, manufacturing, inventory, and eCommerce. The main advantage of using Odoo ERP is that you get an open-source community version that is free to use under a general public license. Since you don’t need to purchase a software license, it significantly reduces the overall project cost. For this reason, the community version is best suited for small-to-medium enterprises.

 

Business Intelligence Features In Odoo

Odoo provides a robust software interface for data visualization and analysis that enables enterprises to capitalize on their data sources. Odoo provides an insightful dashboard interface and advanced business intelligence capabilities to analyze data and extract hidden value. Let’s move ahead and delve into the main features of Odoo for business intelligence and data analysis.

 

Sales Analysis

 

Odoo provides an intuitive dashboard interface to manage sales data and maintain sales records for future reference. You can apply various filters to retrieve the relevant data in no time or divide it into different segments for easy access. You can use features such as line graph analysis, bar graphs, and pie charts to get an organized view of your sales data. Furthermore, analyzing sales data helps you extract valuable information about your customers buying patterns. Accordingly, you can optimize your sales strategies to reach out to the relevant audience and push them down the sales funnel.

 

Lead Nurturing

 

Odoo CRM module provides a descriptive graphical view to track and analyze your leads data. It lets you group your leads into various segments based on factors like geographic location (country/state/city), gender, age group, business type, and many others. You can apply filters to easily retrieve the lead data, set time ranges to compare it with the previous leads. It further augments your CRM efforts and lets you build healthy customer relationships.

Employee Performance Tracking

With Odoo dashboards, you can easily evaluate your CRM efforts as well as the performance of your sales team. As a result, you can take appropriate measures to improve your sales strategy through effective resource allocation and task scheduling.

 

Inventory/Stock Level Analysis

 

Odoo inventory module is equipped with all essential BI tools and analytics features to provide a holistic view of inventory. You get clear reports and real-time insights into inventory and warehouse data. Besides, you track your inventory movements, average delivery time, stock receipts, inventory turnover, and valuation.

You may also be interested in reading Odoo ERP Development For Pharmaceutical Industry

 

Closing Thoughts

 

Implementing BI tools and analytics features into disparate enterprise systems lets you edge ahead of your competitors and sustain the intensifying competition. Predictive analytics algorithms are effective at extrapolating the success rate of a potential business venture and improves decision making. At the same time, business intelligence tools help you analyze your customers’ likes, preferences and buying patterns. BI tools use sentiment analysis to understand your customers’ intent and let you optimize your marketing strategies accordingly. With Odoo, you get all these features and more to strengthen and streamline your business processes.

Avail Our Odoo ERP Development Services To Strengthen Your Business

 

We, at Oodles ERP, provide end-to-end Odoo application development services to solve complex business problems for cross-industry use cases. Our development team carefully analyzes your business requirements and formulates effective strategies to deliver maximum benefits through Odoo application development. We also provide full-scale BI software development services to introduce advanced data analytics features that aid in delivering personalized user experiences. We have successfully completed several full-scale Odoo ERP development projects for startups and small-to-medium enterprises from across the globe.

 

For more information, reach us out at Narratree Consulting (S) Pte Ltd. www.narratreeconsulting.com/

 

Note: This writeup is originally posted by oodle.io