A Complete Guide on ERPNext

Did you know that according to recent studies about 85% of large companies and 55% of small and medium enterprises rely on ERPs? This is because ERPs increase productivity by automating internal processes by adopting software to make their processes more effective, integrating the solutions of companies so that they talk to each other and establishing processes that reduce man hours of work, in order to make the most of the time.

In the race between Erpnext vs Odoo, the implementation of ERP, simplifies the execution of activities quickly, easily and flexibly.

Top features of ERPNext-

i) A centralized database.
ii) Optimization of the processes within the organization
iii) Flexibility
iv) Standardization.
v) Improve the decision-making process.
vi) Planning the structured growth of the organization.
vii) Maintain a constant communication between the clients and the suppliers.
viii)Reliable information
ix) Eliminates duplication of data.

Main modules of ERPNext-

Sales: In this module, the user will be able to track the sales to be made as soon as it is initialized into the offer, later the purchase order is generated until the invoicing is reached. It allows creation of alerts through emails of the quotes made.

Purchases: With this module, you can make requests for equipment purchases and automatically send requests to suppliers. This may vary according to the established configuration. When an automatic purchase order is created, a list of the orders to be invoiced is created.

Accounts Receivable: In the battle between Erpnext vs Odoo, ERPs are generated automatically when you create the invoices, during the generation of the invoice the deadlines are created and to be automatically overridden they send emails both to the customer and to the collection service where expiry alerts are given.

HR: In this module, you will be able to load all the information of your employees, legal discounts, and discounts for mistakes or for loans. At the time of loading, it must be validated and automatically the proof of payment reaches all the collaborators.

Accounts payable: This module shows bills that the business has not yet paid; these are generated from the purchase module, the same as the general payment is recorded and cancelled by lowering my credit accounts.

Types of ERP-

OpenSource: They are open source, they do not generate payments for their use, they can make changes to their codes, they can be developed collaboratively.

Customized: They are systems developed specifically for an organisation where it will perform specific functions and activities, which can be developed on any platform.

In the cloud: The biggest benefit of this kind of ERP is that being hosted in the cloud can be accessible from anywhere at any time, without the need to be physically in the organization, another highlight is the cost of the services since they are lower than the traditional software models

In the debate between Erpnext vs Odoo, we can say that ERPNext is a very comprehensive ERP due to the flexibility it offers users both to edit and to link with other systems of the organization. It can be accessed from their mobile application and maintains communication within the organization.