In any business, measuring is the key to improvementWithout clear indicators, it's impossible to know if the company is growing, if resources are being used efficiently, or if there are areas that require immediate attention.
With Odoo, you can not only keep your accounting in an organized way, but also monitor financial KPIs in real time, allowing you to make faster and more accurate decisions.
Profit margin
The profit margin indicates what percentage of your income becomes profit after covering costs.
A low margin may indicate inadequate sales prices or out-of-control production costs. With Odoo, you can generate automatic reports that calculate margins by product, customer, or period. This allows you to identify which lines of business are most profitable and where to implement price adjustments or cost-cutting strategies.
Inventory rotation
The inventory turnover measures how many times you sell and replenish your inventory in a given period.
Slow-moving inventory creates storage costs and the risk of obsolescence.
Thanks to the integration of the inventory module with sales and purchases, Odoo shows you in real time which products are moving the fastest and which need promotions, discounts, or clearance sales.
Cash flow
The cash flow reflects the money that enters and leaves the company in a specific period.
Even if a business is profitable, if it doesn't have enough cash to operate, it can face serious liquidity problems. The accounting module automatically records receipts and payments, generating updated reports that allow you to anticipate liquidity needs and plan expenses and investments more effectively.
accounts receivable
The accounts receivable They show how much money your customers owe you and the average time it takes to collect it.
A high volume of outstanding accounts can affect your cash flow and limit your reinvestment capacity.
Odoo allows you to set up automatic alerts and reminders for clients with overdue invoices. It also facilitates analysis of average collection days to identify areas for improvement in your credit policy.
Measure financial KPIs such as profit margin, inventory turnover, cash flow, and accounts receivable It's not just an accounting task: it's a strategy that drives profitability and ensures sustainable growth.
At TAXID we implemented Odoo with an accounting approach, so that you have not only data, but reliable information that drives strategic decisions.
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