Odoo ERP software is a one-stop solution for various business needs of small and medium-sized enterprises. Its latest version Odoo 17 has many new features and performance enhancements to meet diverse business needs effectively. Released in November 2023, Odoo 17 has many benefits to offer for modern enterprises with some excellent features and modules. This post will dig deep into the Odoo 17 features and the need to upgrade to this version.

Odoo ERP software has brought many changes in the way enterprises perform their daily activities across different departments. Be it sales, inventory, finance, or purchase, Odoo ERP gives a robust and reliable solution for every business process. Its latest version Odoo 17.0 has taken it further with some noteworthy features and seamless functionality. Let’s dig in.

New Features of Odoo 17

Odoo 17 has introduced many new features. Some of its new general features are new and improved UI, advanced search filters, freeze headers, re-order apps, SMS status, and property fields in list views. Here we explain some of its unique features.

• Catalog Management

Odoo 17 enables you to optimise the sales process by adding various products directly from the catalog to a sales order. It also offers the flexibility to adjust different information as necessary. This advanced product-adding option can save time and manage the sales process efficiently.

• Improved Reporting

High-end and customisable reporting tools can give more business insights and promote good decision-making for your company. Moreover, Odoo 17 has brought the filter options directly in the tabs of the Report feature. It can save time and effort of employees.

• New Gateways

Odoo implementation can boost your business online. The latest version has extended support for more payment gateways to enhance the online transaction process. Small and medium enterprises can offer wide options for payment to their customers through this feature.

• Accounting Features

Odoo’s recent version has an auto-reconcile feature with branch management. It facilitates corporate users to allocate invoice discounts and get deferred expense reports. Moreover, user-friendly options for offering early discounts and synchronising bank accounts are useful.

• E-Commerce and Inventory Features

Odoo ERP is highly advantageous for the eCommerce sector. Now in Odoo 17.0, online retailers will get features like multi-checkbox attribute, showing available coupons, and redesigned checkout. Moreover, inventory features including autobatch, transfer splitting, etc. are available.

Software Development with Odoo 17

Odoo 17 is a highly flexible and extensible platform for developing feature-rich business applications. Renowned and reliable Odoo software development companies can leverage the benefits of Odoo 17 advancements to meet their clients’ specific business requirements. This latest version of Odoo ERP offers a rich set of tools and APIs with a seamless support to build custom modules and workflows.

Be it developing a report or a customised module, Odoo developers can easily create it by either adding new features or modifying current ones. Odoo’s latest version enables developers to define models and actions using Python. Furthermore, a visual workflow builder is useful for customising workflows as per the client’s needs. RESTful APIs and a connector framework can assist them in integrating the software into the business system.

Let’s discuss the reasons why you should choose Odoo 17 for your company.

Why Choose Odoo 17 and What Services are Available in It

Odoo 17 offers a complete set of integrated applications for businesses irrespective of their sizes and industry sectors. You can streamline various facets of business operations using Odoo 17 services. Moreover, this version has some unique features to offer for different departments of a company. Some of these features are-

A. Exploring Department-specific Features Offered within Odoo 17

Odoo 17 has introduced robust features for sales and CRM. These features are lead generation, sales pipeline visualization, and customer tracking. Talking about purchase management, this version offers vendor selection, order creation, and receipt verification features. Odoo ERP software has a top-notch inventory management system. It has inbuilt features including stock tracking, lot and serial number tracking, and demand forecasting.

The manufacturing or production department needs powerful features. Odoo implementation can help manufacturers get features like work order creation and production planning. Moreover, project management features like task assignment and time tracking enable companies to plan and manage their projects. The Odoo 17 upgrade will also assist you in automating several processes of sales and marketing.

Let’s go through some industry-specific use cases of Odoo 17.

B.How Odoo 17 Caters to Different Business Needs across Industries

The modular architecture of Odoo makes this platform adaptable for various industry sectors. Here we mention some of the industries where Odoo 17 can work wonders-

• Services

Odoo ERP can provide professional services firms with features like time tracking and invoicing to manage several processes.

• Retail

Retailers can manage inventory and run customer loyalty programs effectively with the help of the retail-specific features of Odoo 17.

• Manufacturing

Odoo’s latest version offers features for production, assembly, and QC to assist manufacturers in streamlining their processes.

• Education

Colleges and universities can use Odoo ERP for effective student management, financial planning, and course scheduling.

• Healthcare

Patient management and appointment scheduling are highly useful features for healthcare service providers or hospitals.

It is essential to focus on industry-specific features of Odoo 17 for your company. It is, therefore, advisable to consult a reputed Odoo Partner.

Concluding Remarks

Odoo 17 has brought numerous new features with improved functionality. It is time to upgrade to Odoo’s latest version to leverage the advantage and stay ahead of the competition. However, an experienced Odoo implementation partner can assist you in switching to this version with customised applications for your industry. Hope this guide on Odoo 17 will help you make a decision and gain the Odoo advantage for your company.

Best Cloud ERP is a reputed Odoo software development and implementation company. Our experienced professionals and business consultants assist you in leveraging the benefits of Odoo ERP software. Contact us to learn more about the latest Odoo 17 version and how it can take your business to a new level.