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ERP is the acronym of Enterprise Resource Planning. An integrated information system that serves all departments within an enterprise. ERP is business management software that allows organization to use a system of integrated applicatons to manage the business. This integrates all facets of an operation, including development, manufacturing, and sales and marketing.


ERP software is multi- module application software that integrates activities across functional departments, from product planning, parts purchasing, inventory control, and product distribution, to order tracking. ERP software may also include application modules for finance, accounting and human resources aspects of a business. 

Open Source version of ERP is OpenERP. OpenERP is an open source integrated enterprise resource planning software manufactures by OpenERP S.A. OpenERP is, according to the author, an open source alternative to other paid ERP’s. Open Source Software execution involves the removal of license fees, and thus reduce the cost of integration.

OpenERP is adaptable for big and small companies, factories, web sellers etc. Experts state OpenERP having 2 years of competitive advantage on market as enterprise management can never be such simpler and powerful as with OpenERP.  Freedom of access to the source code ensures better adaptation of the software to the specific needs of our business.

Features Of OpenERP

 Following  are the Key Features of OpenERP:-

  • A web based  information system which provides you real time statics and should be highly  customized as per your requirements.
  • A user friendly  complete information system as per today’s business needs.
  • OpenERP allows you to  integrate more than 650 modules, which make it more flexible than other ERP’s.
  • Integrated Document  Management System which will take care of designs.
  • No license cost,  light, fast, easy to set, easy to use, robust and flexible.
  • Dynamic dashboards,  consolidation of data in real time, custom report designer.
  • Because of modularity,  collaborative developments in OpenERP have cleanly integrated, enabling any  company to choose from a large list of available functions.
  • Fully integrated  enterprise solution by which no need to use different software’s for different  departments, no double encoding of information, Automated all administrative  tasks, User- friendly web and rich interface.

Modules Of OpenERP

  • Manage your sales funnel with no effort.
  • Attract leads, follow-up on phone calls and meetings.
  • Social Network Integration.Bring social intelligence to your sales process.
  • Create leads automatically from incoming emails.
  • Customize your sales cycle by configuring sales stages that perfectly fit your sales approach. 
  • Lead Automation and Marketing CampaignsDrive performance by automating tasks.

  • Analyse leads efficiency and compare performance by campaigns, channels or sales team
  • Organize Your Opportunities.A clean user interface with everything in one screen.
  • Email Integration and Automation.

  • OpenERP Accounting allows a better way to collaborate with your accountants, your customers and control your suppliers.
  • A Smart User Interface
  • Share access to your latest business numbers with your team and your accountant – so everyone is up to speed. From work, home or on the go.
  • Connect Your Bank Accounts
  • Electronic invoicing and automated follow-ups
  • Sales Integration, Purchase Integration, Multi-Level Analytic Accounting
  • Manage your assets, track expenses, control budgets, multi-level analytic accounting
  • OpenERP supports multiple currencies, multiple users with different access rights, multiple companies with real time consolidation and unlimited analytic plans.
project management
  • OpenERP's collaborative and realtime project management helps your team get work done.
  • Organize projects around your own processes. Work on tasks and issues using the kanban view.
  • The easy-to-use interface takes no time to learn, and every action is instantaneous
  • Use open chatter to communicate with your team or customers and share comments and documents on tasks and issues. Integrate discussion fast with the email integration
  • Collaborative Writing.The power of etherpad, inside your tasks
  • Get alerts on followed events to stay up to date with what interests you.
  • Projects are automatically integrated with customer contracts allowing you to invoice based on time & materials and record timesheets easily.
  • Support services, helpdesk, bug tracker, etc
  • A very friendly Point of Sale.Set up in a minute, Sell in seconds.
  • No installation required that runs online and offline on modern hardwares.
  • full integration with the company inventory and accounting, gives you real time statistics and consolidations amongst all shops without the hassle of integrating several applications.
  • OpenERP's POS is a web application that can run on any device .
  • Give your shopper a strong experience by integrating in-store customer services. Handle reparations, track warantees, follow customer claims, plan delivery orders, etc.
  • Unified Data Amongst All Shops.Sync products, prices, customers with no effort.

  • Sales Management Made Easy. From quotes to invoices, in just a few clicks.
  • Create quotations in a matter of seconds. Send quotes by email or get a professional PDF. Track quotations, and convert them to sales order in one click.
  • Fully Integrated. The information your need, where you need it.
  • Load customer data from LinkedIn, assign tags to your prospects, manage relationships between contacts and store all customer's preferences including pricing, billing conditions, addresses, payment terms, etc.
  • Fully Integrated Invoicing. All the invoicing methods you need.
  • Keep track of your contracts
  • The chatter feature enables you to communicate faster and more efficiently with your customer
  • Fully ExtensibleActivate features on demand.

  • Manage the most important asset in your company: People.
  • Get all your HR operations managed easily: knowledge sharing, recruitments, appraisals, timesheets, contracts, attendances, payroll.
  • Manage Your EmployeesEnterprise Social Network
  • Post job offers and keep track of each application received. Follow applicants in your recruitment process with the smart kanban view.
  • Collaborate across departments, geographies and business applications
  • Track time and attendances. Weekly or monthly timesheets with optional attendance tracking.
  • Keep track of the vacation days accrued by each employee. Employees enter their requests (paid holidays, sick leave, etc), for managers to approve and validate.
  • Keep Track of Employee Expenses, Set-up appraisals plans and/or surveys for your employees 
  • Manage Bill of Materials, Plan Manufacturing Orders, Track Work Orders.
  • Get manufacturing orders and work orders scheduled automatically based on your procurement rules.
  • Define Flexible Master Data. Products, Bill of Materials and Routings.
  • Edit manually all proposed operations at any level of the progress.
  • Define routings and plan the working time and capacity of your resources.
  • A Productive User Interface. Work with lists, calendars or gantt charts.
  • Track the evolution of the stock value, according to the level of manufacturing activities as they progress in the transformation process.
  • Fully Integrated with Operations. Sales, Purchases and Accounting integration.
  • Quickly identify resource requirements and bottlenecks to ensure your production meets your delivery schedule dates.

  • Automated Procurement Propositions.Reduce inventory level with procurement rules.
  • Launch purchase tenders, integrate supplier's answers in the process and compare propositions. Choose the best offer and send purchase orders easily.
  • Use the claim management module to track issues related to suppliers.
  • Use the costing method that reflects your business: standard price, average price, fifo or lifo. 
  • Get your accounting entries and the right inventory valuation in real-time;
  • Easily import supplier's pricelists to make smarter purchase decisions based on promotions, prices depending on quantities
  • Control supplier invoices with no effort. Choose the right method according to your need
  • Get accurate statistics on the performance of your suppliers through flexible reporting: delivery delays, negotiated discount on prices, quantities purchased, etc.
  • Integrate purchases with the analytic accounting to analyse your contracts profitability.
  • A revolutionary double entry inventory system
  • Allows full traceability (from customer to supplier, not limited to your warehouse), advanced reporting (e.g. inventory valuation on manufacturing counter-parts locations) .
  • OpenERP prepares all operations for you, according to your own logistic rules: push rules, pull rules, make-to-order, minimum stock rules, etc
  • Define push and pull rules to organize a warehouse or to manage produts's moves between several warehouses.
  • Keep an eye on all your stock by tracing all your past and future inventory transactions.
  • Browse through the upstream / downstream traceability flows to have a clear vision to what happened to a specific product or lot.
  • Reduce your stock level. Fine-tune procurement methods according to your need.
  • Fully Integrated with Operations.Sales, Purchases and Accounting integration.
  • Track Serial Numbers, Scale Your WMS easily.
  • Design custom dashboards to get a picture of your warehouse efficiency at a glance. Dig deeper with real-time reports that anyone can create and share.