Why Odoo is highly recommended with Magento-based eCommerce Store or Marketplace?

Why Odoo is suitable for Small Businesses?

Odoo is currently seen as an ideal solution for global SMEs and comes with two versions: Odoo open-source and Odoo Enterprise. The former is totally free with limited yet extraordinary features catering to the basic needs of businesses. Odoo Enterprise version comes with a subscription-based model that helps businesses to buy plugins with a separate cost for every plugin they require. 

Odoo’s competitors are SAP, Oracle Netsuite, and Microsoft Navision which are used by Enterprises whose licensed versions have huge cost associated. On the contrary, Odoo’s paid subscription is highly cost-effective, proven versatile, secure, and meets all business needs. Moreover, Odoo’s in-built and ready-to-use software tools need minimal coding efforts. This saves significant development time and money.

What is Magento Integration using Odoo?

Magento 2 integration is the process to tie up any software (Odoo in this case) with a Magento-powered eCommerce store with its API. This is done to allow two-way communication between Odoo-Magento and to set up an access gateway for necessary data on all Magento stores. 

Odoo-Magento connector is used to integrate this amazing suite with the Magento eCommerce application to provide unique functionality. This is to sync stores, products, categories, customers, orders, invoices, inventory, sales data, and more.

Odoo services bridge for Magento actually bridges all the gaps that may occur depending upon your eCommerce business operations and deliver excellent efficiency. The main benefit is the seamless integration of the Odoo platform with the Magento eCommerce application. Here, we will go through some of the magnificent features of Odoo-Magento integration. So let’s get started.

Automating Data Sync

Data here is the key aspect. Data of any eCommerce business, be it an enterprise-grade eCommerce or an SME-level online store, is going to increase. This will only increase the complexity of business growth, and then, manual entries of this data will require significant time and manual efforts. Down the line, it seems unfeasible for any growing company.

This is why the Odoo-Magento 2 connector is required. It empowers online retailers to eliminate the need for manual data entry processes and automate various business operations. The Odoo-Magento 2 connector also helps to instantly sync product catalogs, orders, customers and inventory data, etc. from your Magento 2 store to the Odoo platform. The idea is to bring the power to all eCommerce merchants to manage their business operations efficiently via Odoo.

But why? Let us find out in our next segment.

Manage & Maintain Your Inventory Seamlessly with Odoo

Let me explain the need for this Odoo-Magento 2 connector for eCommerce businesses with an example to simplify it.

Think of a huge warehouse with thousands of products and tons of categories. An eCommerce application built with Magento 2 is being used to manage online orders and sales. In case of any order, think of the time and effort it will be required to identify the location of the actual product. Of course, the stock in the inventory will be marked with tags but Magento 2 eCommerce app cannot identify the location. So what to do?

Integrating Odoo through the Odoo-Magento 2 connector will solve this problem. It empowers merchants to add stock bin locations in Odoo. For those who do not know, these bin locations are the smallest unit of space in the stock inventory to simplify inventory management. Upon the order, the warehouse team can easily identify the exact location of the product that needs to be dispatched, all with the help of Odoo integration.

The best takeaways from this feature are time-saving efforts and efficient inventory management. 

Great, isn’t it? If you are having the same troubles in your eCommerce operations, contact us to hire Odoo developers now to have the best futuristic solutions. That’s what we do best. We simplify the most complex business operations for global customers with the help of the best technologies in the market.

Single Inventory for Multiple Channel Orders

Odoo also has the feature to manage orders from multiple channels of eCommerce while having a single inventory. A similar feature of Magento 2. So are we talking about this here? Here is the reason. Odoo-Magento 2 integration allows eCommerce businesses to manage all their needed operations from Odoo itself. They do not need to log into multiple platforms to get things done. And this includes signing in for Magento 2 admin accessibility.

Odoo also allows integration of the inventory module in Magento 2 platform with other business apps as and when needed, which include CRM, Billing & Accounting, Purchasing, Taxation, etc.

Effective Order Management with Odoo Integration with Magento 2

A lot of eCommerce owners have followed the trend to build multiple eCommerce websites on Magento. However, it requires huge manual efforts in managing multiple shops in the Magento platform, one at a time with Multishop MOB Extension for Magento 2.

Odoo integration with Magento 2 can take over all those multistore management limitations. With the Odoo database, you can now easily manage all the multiple Magento Web Stores in an efficient way where it is possible to generate separate prices for all the listings on all stores. It is kind of a centralized way to manage the data and stores comprehensively reducing mundane, labor, and time-consuming efforts.

Import/Export Operations

In the Odoo-Magento integration concept, Import Operations are those actions in which you can import data or anything on Odoo from Magento. Export operations, on the other hand, are those actions that help you get the updates or data from Odoo on Magento 2.

With effective integration, the following actions can be performed as a part of import operations: Import products and variants, customers, orders (single orders and bulk orders), inventory (stock levels), etc. on Odoo from Magento.  

Export operations include updating the stock, updating the order shipment, updating tracking details, creating invoices from Odoo to Magento, and canceling orders from Odoo to Magento.