ERPNext and its benefits for companies

Companies work like a machine: all the elements must work together to maintain productivity and effectiveness, so ERP software is quite useful, with ERPNext being one of the most recommended by experts.

Before knowing what ERPNext is and the solutions it can provide for a company, we are going to define what ERP software is about.

ERP stands for Enterprise Resource Planning and refers to the software that manages daily business activities. Integrate supply chain, services, purchasing, accounting, human resources, and financial processes into a single system to unify business operations.

What is ERPNext?

On their official page, they define it as follows: “ERPNext is a full-featured business management solution that helps SMEs record all their business transactions in one system. With ERPNext, SMEs can make informed, fact-based, and timely decisions to stay ahead of the competition. It serves as the backbone of a business adding strength, transparency, and control to your growing company.”

Main features of ERPNext

Deliver a better service experience with an intuitive issue tracker and integrated knowledge base. Maintains and manages the detail of the assets, their movement, appraisal, and depreciation.

• ERPNext comes with complete content management with blogs, web pages, and forms.
• With your CRM, you gain and retain customers by optimizing the sales process.
• Keep track of project assignments, time sheets, and issues.
• Increase productivity and reduce costs by managing your sales and purchase cycles.
• Manage the entire employee lifecycle from onboarding, payroll, attendance, and expense claims.

What can ERPNext do for your company?

ERPNext will help you:

• Track all invoices and payments.
• Know how much of which product is available in stock.
• Identify and track your key performance indicators (KPIs).
• Identify open customer queries.
• Manage employee payroll.
• Assign tasks and track them.
• Keep a database of all your customers, suppliers, and contacts.
• Prepare quotes.
• Track your budgets and expenses.
• Determine the effective selling price based on the actual raw material, machinery, and labor cost.
• Get reminders about maintenance schedules.
• Publish your website.

With these ERPNext solutions and benefits, your company will be able to work more efficiently, achieve greater productivity and of course have more profits and be able to please users and clients with everything they need.

ERPNext vs Odoo, are there differences?

Another ERP software that has also increased in popularity in the market is Odoo. We can define Odoo as a scalable ERP that gives companies the ability to integrate sales, customer management, website creation, warehouse management, accounting, inventory management and much more in one place.

Odoo is a business management software that allows the user to manage all the departments of the company in one place, at their whim and convenience, with functional and modern tools.

The use of free software also has its limitations, and that is why ERPNext could be a more suitable option for small businesses whose focus is more local and does not have the needs and challenges of a company looking to expand. towards the international market. For larger companies more focused on expansion, Odoo might be a better fit for your specific needs.

Odoo is an adaptable solution best suited to meet the more elaborate needs that ERPs like ERPnext may struggle to meet. In order to have more complex capabilities and to be a high-capacity software, Odoo is relatively easy to use, although it does not allow to customize its applications and functions as much.

ERPNext may be the solution that your company needs to improve all the internal processes of the company's departments, and increase productivity and this will lead to success and satisfaction of the needs of customers and users.

Rootstack has the necessary ERPNext experts to be able to design and create your ERP project. Trust us, just contact us and let's start working together.

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