April 27, 2022
Odoo has globally proved its mettle in boosting business efficiency. With every iteration, users were introduced to higher performance and a better interface. The arrival of Odoo 16 has been anticipated for quite some time now and for a good reason. From what we have learned so far, Odoo 16’s new features are bound to surpass expectations.
Let’s understand how the expected features of Odoo 16 will refine the business administration.
The knowledge module is quite similar to Wikipedia. Users can share their knowledge resources (articles, case studies, etc.) within the organization. Since the knowledge module is interconnected with other functions, it can be a valuable tool for improving the organization’s internal communication. Users can easily access this informative resource center.
It is available in the enterprise version. Using this knowledge module, users are able to create new articles, updates, and share them with different people.
Odoo 16 website module comes with greater customization choices than the previous versions. The front-end and back-end modules are integrated to offer better control and useability. Customers can expect additional modifications in terms of configuration settings, user management, and other critical components of the webpage.
Keeping track of credit limits for multiple clients will become simpler with Odoo 16’s accounting module. The credit limit functionality is added in the accounting module.
Accounting →Configuration → Settings → Sales Credit limit
In the customer’s configuration, the total receivable will be updated based on the transactions, and the partner limit will be set. If the limit is extended of the order, then the invoice system triggers and gives an alert.
Of course, digitizing invoices will be a default component to expedite accounting procedures. Industries that routinely experience high-volume transactions can tremendously benefit from this feature.
Moreover, a reconciliation widget has been assigned to this module. This widget intends to make the reconciliation process faster and easier.
In the latest version, email marketing gets a significant makeover. The most notable upgrades in the marketing module are –
Besides these features, customers can expect a bunch of fresh email templates for effective campaigns. Odoo 16 marketing module will also enable users to operate Twitter from its social marketing module.
Coupons and promotions are incorporated under a single platform in the Odoo 16 version.
Sales → Products → Coupons and loyalty
Earlier, coupons and promotions were separate functions which raised a few misconceptions amongst the users. In Odoo 16, all are centralized on one screen. The single platform attribute will simplify the administration process to enhance the focus on promotional programs.
The triggers and rewards are also added. Able to control when the promotions/ loyalty points will apply.
New payment provider ‘Mercado Pago’ is introduced. A new option to take digital payments in Latin America. It is the region’s largest online payment platform.
E-Wallet is also included in the list of new features which was missing in the previous version.
New payment acquirers are added to offer additional payment alternatives to the users. Customers can also be refunded through the system. Major modifications in the eCommerce setup are underway to streamline online selling. Apart from this, there will be enhancements to the purchase module and mass mailing tools for an efficient user experience.
The inventory module has been furnished with upgraded shipping methods, force backorder, and other vital features for convenient inventory management.
Reception report feature is added. The functionality can be used to view and allocate received quantities before validating the receipts.
Inventory → Settings
In the Receipts, the Allocation toggle will display. Once the user clicks the toggle button, it navigates to the allocation page.
Click the Assign button and allocate the quantity to the delivery transactions.
Automatic Batches in Deliveries
‘Automatic Batches’ feature is added to automate the batches based on the configurations.
Inventory → Settings → Operations
Select ‘Automatic Batches’ then all the parameters will be displayed.
After configuration, the sales order will be created and the delivery order will be auto-created with the Batch smart button.
If we click the batch button, we will be able to see the auto batch creation details based on contact.
Backorders will be controlled using the configuration in operation type.
The Barcode App is smarter and knows:
Under the inventory module, customers can also monitor the replenishment visibility days using the replenishment management function.
In the odoo 16 version, the purchase history option is newly added in the lines of purchase order. It’s a good option to see the history of the purchases based on vendor and products.
The Sign Module allows contacts to refuse to sign the document for a specific reason.
In the manufacturing module, the allocation report feature is added to view and allocate manufactured quantities for delivery.
Manufacturing → Configuration
Once assigned, the manufacturing item is added to the delivery transaction.
Manufacturing Production Schedule updates
Ever wanted to automate sending CHATTER?
Now supported via:
A more engaging Job application form!
BONUS – no need to pay for the Recruitment App!
Analytic Plans to distribute income, expenses and labour.
Measure margins on any number of dimensions!
Live Chats are also available in Odoo 16
One of the many new advanced features of Odoo 16 is the allocation reports for manufacturing. Customers can track the live status of their manufacturing order at any stage of the production. Furthermore, there is provision to split and merge orders along with a dedicated subcontracting portal.
The Employee module empowers users to conduct employee assessments, monitor performance, track productivity, and perform data analysis. The module can save and provide data on employee activities to enable better workforce management.
Overall, the Odoo 16 system will be strategically interconnected and accessible. User experience has been enhanced with easy accessibility to tools and features. More advanced features and tools are being developed that will be available to users soon…
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