Canada-based Condo Rental Giant Experiences Increased Operational Efficiency in Accounting with Odoo ERP Integration
About
A member of the Tridel group, the client is a condo rental service provider based in Canada. Established in 1986, it has streamlined the rental process so as to bridge the gap between landlords and tenant owners. As the rental process involves multiple financial transactions, the client approached Brainvire to automate and manage its financial transactions by integrating its current platform with Odoo ERP.
Project Highlights
The Brainvire team studied the project in detail and went ahead with the integration of client’s current platform with Odoo ERP. Automation of various financial transactions and bringing everything under the same roof was the core objective of this project. This allowed ease of operation and also reduced the client’s workload to an extent. As in any project, there were various roadblocks encountered. The Brainvire team took them as a challenge and completed the project in a dedicated timeframe.
The Challenges
- Multiple Systems IntegrationChallenge: Integration of client’s multiple systems and operations. The client’s operational framework consisted of various units, each performing different tasks. So, accounting features needed to be applied to all of them in order to build a robust and centralised accounting system.
- Workflow AutomationChallenge: Achieve workflow automation reducing overall manual workload As is the case with any large organisation, the client’s daily affairs involved tasks that were repetitive in nature. Hence, automation was the need of the hour!
- Legal MattersChallenge: Compliance with local regulations was crucial. As the client is based in Canada, so the system had to be fully compliant with their taxation policies and other legislations.
- Sophisticated Reporting SystemDue to the complex business setup, the client required a detailed reporting system that would cover his entire organisation and supply crucial data with ease.
Tech Stack
Odoo
Odoo.sh
PHP
PostgreSQL
Python
Result
Substantial Reduction of Workload
Due to workflow automation, 40% reduction in manual workload was noticed.One-stop solution!
The integrated product proved to be a one-stop solution for the client’s needs.Increased Accuracy in Financial Transactions
Increased accuracy was noted in all of the accounting transactions and reporting systems.15% Surge in Sales
A 15% surge in the client’s business graph was recorded!
