How Odoo’s Construction Business Management Module Can Benefit Your Small Business

One of the most important parts of any business, big or small, is the management of its finances. However, depending on your company’s size and the types of services it provides, you may need software that handles your bookkeeping, accounting, and customer relationship management (CRM) all in one system. Such an all-in-one package would be ideal in helping you streamline your operations and gain more insight into how everything works together to keep your business running smoothly and profitably.

What Is Construction Management?
The process of managing a construction project can be complex and time-consuming, with many different stakeholders, third-party vendors, and deadlines. However, if you have an effective business management software solution—in particular, one that’s specifically tailored to your industry—your job as a construction project manager will become much easier. A business management software solution like Odoo is designed specifically for industries such as construction. For instance, it’s especially adept at handling huge amounts of data related to equipment and materials: who ordered what items; when they arrived; who inspected them; and more.

Why Use An Online Solution?
Business ERP software like Odoo lets you store important information, documents and data in one place, making it easy to ensure your organization is running as smoothly as possible. Companies that employ an online solution find they save time and money because they no longer have to waste resources searching for information. Moreover, when everyone has access to crucial data at all times, you get a clearer picture of what’s going on within your company—and a bigger sense of control over how things run. … For example: If someone uses an online system for construction management, she’ll be able to create reports from various databases in her system — including materials purchased by each subcontractor and hours worked by each employee — without having to sit down with a pile of paperwork.

What Is Odoo’s Construction Business Management?
As a small business owner, you have plenty on your plate. From keeping inventory levels where they need to be to marketing your services, you barely have time to take a break from it all. The last thing you need is for there to be another software program cluttering up your desk; however, if you’re in construction and would like to streamline business operations and keep things running smoothly, building a Business ERP (Enterprise Resource Planning) system from scratch could take too much time. Luckily, most small businesses are using Odoo ERP’s advanced functionality thanks to its many useful modules such as Manufacturing Operation and Project/Contract management.

The Basic Modules of CBM
There are a few basic modules included in Odoo that you’ll find helpful no matter what type of business you’re running. They include: CRM, ERP, Sales and Purchase, Warehouse Management, Project and Time Tracking, and Financial Accounting. All of these have customization options to better suit your needs. There is also an excellent implementation guide included to help you get started; it walks you through set up with step-by-step instructions. The guide is detailed enough to help even beginners navigate initial setup without a hitch while still being easy to follow for more advanced users. Within hours or days of using CBM as your primary business management software platform, you can have most all of your company’s most important information organized and accessible from a single place.

Laying Out The Scope And Vision Document
Make no mistake—setting up a construction business is not easy. If you’re looking to break into an industry that has steep barriers to entry, you should be prepared for some serious planning and strategic maneuvering. But before you can do that, you have to have a vision of what your company will look like one year in the future and two years in the future. In other words, it’s time to sit down and write out a scope and vision document that details everything from your long-term goals to each specific function (or module) within your ERP software solution.