Odoo software for restaurant business

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The food industry is one of the most developed sectors of business nowadays. The post-pandemic freedom has become its new stimulus for growth and expansion. The restaurant market is a lucrative, yet highly-competitive environment, you are either in and up-to-date, or you are out. Best chefs and teams, spotless kitchens, exquisite dishes, high level of hospitality, extraordinary designs, brand philosophy – the list of requirements gets longer, creating one central question – how to make all the components work together and create a flawless restaurant functioning? 

The omnipresent IT sector has taken care of it, coming up with a unique way to manage and control every part of the restaurant lifecycles – Odoo software, which is successfully implemented by https://ventor.tech/ for years, and has proven to be an all-purpose solution. 

Odoo software is an ERP system, which aims to improve the performance of any business, making the whole collaboration, communication, and control faster and more efficient. The Odoo system helps to build a complex structure of enterprise management, where everyone has access to the data and can see the dynamic of the performance. 

The Odoo system offers a modular approach, with every module being dedicated to a certain kind of function. The restaurant business can benefit greatly from the Odoo Restaurant Management module, which features:

1. Point of Sale

POS is irreplaceable assistance in managing the life of the restaurant; among its numerous functions are:

  • Table management – giving names, switching places, placing orders, having a number-wise view, assigning employees to specific tables, waiter tips, etc.
  • Integrated control over kitchen operations, 
  • Integrated loyalty program for regular clients, 
  • Direct orders to the kitchen, 
  • Bills splitting and merging. 

POS is a universal and easily manageable solution for handling the functionality of the location. 

2. Warehouse management

Inventory control is always a significant piece of work and a troublesome experience, as it is often performed manually. Oddo management software helps to keep tabs on the warehouse and kitchen stock:

  • It tracks the serial and lot number description,
  • Defines the expiry date,
  • Defines the storage location,
  • Manages batch-picking,
  • Identifies products through barcode scanning.

Odoo helps to synchronize the needs of the kitchen with the availability of products in the warehouse. Moreover, this non-stop control is automated and eliminates the chances of human mistakes in the chain of supply.  

3. Finance Management

With Odoo, the financial department is organized into a logical and automated structure. It arranges bills, invoices, and all aspects of financial operations. Among the most notable features:

  • Well-defined invoices and bill payments,
  • Payments follow-ups, 
  • Taxes specifications,
  • Bank transfers and currency management, 
  • Payments from various sources

Basically, all the accounting is managed through a single module without a pile of papers. For instance, bills.  You just click on the photo of the bill, and it gets uploaded to your digital storage, and filed into the accounting system, without all the hassle. With less effort, you get more results. 

4. Product processing

Odoo helps to manage all the operations related to product procurement by contacting vendors, forming purchase agreements, calling for tenders, defining the categories of products and their attributes, etc. All the functions are performed in real-time, tracking all the changes instantly. 

5. Chain integration

Provided there is a chain of restaurants you monitor, they can all be managed through a centralized database, which helps to keep track of the performance of all the locations and provide high-quality service per each one. 

The manager gets access to all the locations simultaneously, and thus, can make the bulk order with suppliers, and get significant discounts. Odoo manages to integrate the stock department, sales, order, and accountancy without the need for extra expenditures and human resources. 

Benefits of Odoo software implementation

The implementation of Odoo isn’t just about the automatization of all the processes, its influence goes far beyond the management benefits:

  1. Ramped-up client’s experience

The customers see the final result of the process. As everything runs smoothly and efficiently, the outcome is a pleasant experience, loyalty from customers, and a highly-reputable ranking of a restaurant among the competitors. 

2. Real-time data

Instead of contacting each department separately, and then making the analysis and insights into the restaurant’s performance, everything is easily accessed through a unified system.

3. Flexibility

Provided that the business is growing and expanding, the modular system allows adding specific applications into the system to manage all the new beginnings. 

4. Cost-efficiency

Odoo software is efficient in many ways. Its modular structure helps to choose the ones to satisfy current business needs, thus, there will be no extra spending on the functions you don’t need. Besides, you will need fewer employees to track financial operations and warehouse needs, as the majority of processes are automated. As long as the system tracks all the inventory and product supply, there will be less waste and leftovers. 

Odoo is an advanced approach to business regulation and control. When introducing it into your structure, you get improved coordination of all the processes within and between the locations. Odoo Restaurant Management software is a cutting-edge solution that successfully implements simplicity for the users taking care of all the complexity of the organization. 

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