Question

Question about Odoo (ERP). If you want to purchase the system and invest it in:

What are the various internal and external sources of cash/funding a company might consider when seeking to finance an investment?

Answer 1

Answer-

Odoo/Open ERP offers a highly cost-effective implementation solution for businesses making it a low cost investment.
Odoo which is an open source, the ERP implementation comes as pocket-friendly process for business of both small and big scale businesses.

The various internal and external sources of cash/funding a company might consider when seeking to finance an investment in Odoo ERP are

1) Product cost- The type of the product we choose is the main factor that determines the ERP price.
2) Modules or Apps cost- The companies ha to pay for the modules or apps that it you should use in the business.
3) License cost- The  ERP cost comes license fee.  There are ERP’s which cost for the license whereaas ERP like Odoo has no license fee.
4) Server cost- Server cost is another cost that one has to pay while going for an ERP implementation.
5) Vendor cost (service charge)- After considering all the above cosst of product, module, lecence and server costs  the implementation cost of the vendor is considered.
6) On-site vs offsite development cost- This cost charged when the vendor is located on some other areas than remote development or offsite development which will cost more than the on-site development.
7) Maintenance cost- After implementing the software, the final cost considered  with the ERP will be the maintenance cost.