End to end Demo on how odoo can be used in textile industry.

A CFO said that Odoo failed him at month-end close. His complaints: average cost changing COGS of closed periods, no real credit control, depreciation that doesn't tie, no local payroll, and partners who sell licenses but don't understand finance. I agree with half of it. Almost every issue on that list exists in SAP, Dynamics and NetSuite too. • Average cost changing past COGS? NetSuite is famous for it. Business Central does it too. The fix in every system is the same: lock your periods. • Depreciation rounding? Every ERP has it. The good ones push the difference into the last period. Odoo can do that, if someone configures it. • Local payroll with gratuity, EOBI and PF? Show me the ERP that does Pakistan payroll out of the box. Most companies run it outside and post a JV, whatever system they're on. • Credit control? Odoo has credit limits and payment follow-ups. A hard block needs work. In SAP it's a separate module you license and configure. It's a "nobody set up finance properly" problem. And that's the half I agree with. Partners who sell licenses, under-scope to win, and treat finance as the last module will fail you on any ERP. With SAP you just pay more for the same disappointment. Before you blame the software, ask your partner three things: 1. Who on your team has actually closed a month? 2. How will you lock periods and protect valuation? 3. What's in scope for finance, in writing? If the answers are vague, the ERP isn't your problem. Happy to walk any finance team through what a proper Odoo close should look like. #Odoo #ERP #CFO #FinanceTransformation #MonthEndClose #OdooPartner

Would love to hear perspectives of fellow CFOs on their first hand experience and how they went about in solving them. Would be happy to guide on how to fix these issues on their respective ERP systems.

Odoo just tried to ramp up their pricing by must having employee as "Light Users" previously we were able to create employees without a backend user and only paid for backend users. Employees if they needed to see their payslip and stuff, we used to use free portal user for it and customize Portal User's dashboard to show payslips etc. Now lots of companies using Odoo that were running their accounting and HR/payroll in Odoo, their licensing cost will shoot up. Let me know what you guys think about this change in Odoo 20 and would it be the biggest hindrance for many Odoo customers to stay on the older versions?

Biggest attraction for anyone looking to upgrade to Odoo 20 from an older version is the builtin MCP agent. That literally works like your software development assistant and can roll out features quickly, its an entire IT department!