Everyone nowadays is talking about the exponential growth of the cannabis business. Over half of the US country has legalized Cannabis, and that’s the main reason behind its popularity and cumulative success. Nevertheless, this type of business isn’t as easy to navigate, there are plenty of confusing laws, regulations, steep taxes, and many unknown roadblocks before getting near a successful and profitable business. Whether you are an entrepreneur or an existing business holder, have you thought of investing in ERP software for the Cannabis business?
If not yet, then this is the time, to look for an ERP software that could help you manage your cannabis business with real-time insights for optimal growth.
When we talk about the Open-source ERP application for your canna-business there are a few divisions based on the requirements and products.
So, let’s understand each of the aspects of different business requirements.
Supply Chain Management- Seed to Sale Software
Businesses looking forward to tracking their cannabis products from its harvesting itself then choosing Seed to Sale ERP Software for Cannabis is recommendable.
So, here’s giving you a glance at the features of seed-to-sale software:
- Real-time data visualizations
- Cost Analysis and Profit metrics
- Compliance management
- Scheduling tasks
- Track quality and performance
- Inventory Management
Having said that seed to sale software only provides primary supply chain management features. That means if you are also looking forward to managing financial operations or rigorous inventory supervision then seed-to-sale software wouldn’t be able to facilitate your requirement.
Accounting Software
On the other hand, there are businesses in the cannabis industry that lack to offer audit trails and add convenience to procurement or payroll processes.
For long-term success, businesses should be able to withstand dynamic regulations and compliance. To avoid conflicts, one must choose hemp ERP software that could help them streamline all the financial operations from production to sales adhering to legalities throughout.
In this case, the business should consider investing in an appropriate account management software that could manage every nook and corner of finance. Be it managing costs for inventory, labor, rent, utilities, plants or an entire batch of plants the software should be able to adhere to flexible and compliant audits.
Inventory Management Software
Be it synchronizing stocks, tracing all stock moves, automated replenishments, drop-shipping, cross-docking, or real-time reports, considering Inventory software for the cannabis business should cover all of these.
Choosing All-in-One Odoo ERP Software for Cannabis Business
Why bother your business while dividing its operation on different software when you could manage everything on a single platform?
A fully functional ERP software is all you need to manage your cannabis business efficiently. Often when the business is spread across different platforms faces inaccuracy. Above all, scalable and comprehensive management software is all one needs to cut down the human errors and hassles.
Perhaps, after reading this what you are looking for is a fully functional ERP software. And what could be better than the Odoo ERP solution?
Get rid of all these complications and set up your canna-business on Odoo- an open-source ERP. It is a single platform to manage all your operations.
Be it financial, compliance, seed-to-sale tracking, CRM, Inventory or Retail management, Odoo-Open-source ERP application has covered it all for your cannabis business.
Contact our expert consultants for further understanding of Odoo ERP solution and how could it benefit your cannabis business.
Submit your proposal here and avail a free consultation now.
