1200 March 02, 2022
Odoo is a comprehensive Enterprise Resource Planning (ERP) software made up of an integrated suite of business modules, including customer relationship management (CRM), e-commerce, accounting, billing, inventory management, project management, warehouse management, financial management, manufacturing and purchasing.
These modules aim to efficiently and seamlessly communicate with each other to exchange information.
Odoo comprises over 30 main modules that are regularly updated. In addition, more than 16,000 third-party apps/plug-ins are available in its app store. Odoo is available in the cloud or on-premise and can be used by businesses of all sizes.
Odoo can also integrate with other systems, including payment processors and external shipping systems, such as those of Amazon, eBay, UPS, FedEx and QuickBooks.
Chumley Dharmasiri, the CEO of Hayley Consulting is a skilled ERP implementation professional with local and overseas experience. Hayley Consulting believes that an ERP to be successful it is critical to have a combination of technical know-how of the specific ERP and related business processes along with project management. According to Gartner, more than 65% of ERP implementation projects are failures in the world.
The main reasons for such failures are lack of understanding of client’s requirements that would lead to failures in providing to-be business processes of the organisations.
Blueprints provided by many ERP vendors in Sri Lanka do not entail detailed process maps that are prepared according to an acceptable business process management (BPM) framework.
BDO was hired by the Authorized Odoo Implementation Partner to map as-is processes and develop to-be processes in all of their implementations. Madhura De Silva, Partner Business Advisory is leading this initiative with Hayley Consulting. Madhura De Silva is an experienced process consultant with more than 15 years of experience in providing business process transformation services to clients in Sri Lanka and overseas.
Due to complexities in businesses it is important to engage experienced business management professionals with finance specialization to ensure that the ERP will be implemented with transformation of their business processes.
Further a detailed process mapping will help organisations for continual improvement and optimisation of operations with process efficiencies, controls and KPIs required for each business process.
What truly sets BDO apart is that, it has industry experts that understand changes and challenges facing each industry segment and business process experts with expertise in risk and controls.
BDO will add value by bringing process efficiencies through automations and lean concepts and also assist organizations to define KPIs. Further, BDO will provide required project management specialists and change management specialist for Odoo ERP implementations.