Odoo 16 Features

Introduction

Odoo is developing day by day. Over the years, Odoo updates have brought several new and incredibly useful features. Odoo is constantly working to enhance internal functionality to implement practical industrial operations. As a result, the end user enjoys substantial benefits. When a new version is released, the user experience is always prioritized, accompanied by straightforward functionality coming in right behind it. This new version offers a variety of enhancements, including enhanced user experience, operating speed, and application performance. In fact, Odoo version 16 is thought to be the fastest, friendliest, and most sophisticated of its predecessors.

New module in Odoo 16

Knowledge Module

The knowledge module is the latest addition to Odoo. This module, which is included in the enterprise version, enables you to generate internal documentation articles and utilize them to record your business operations. It is mostly related to work for maintaining proper communication inside the organization. You can write and distribute articles in the Knowledge module.

It allows you to:

• Add pictures.
• Create message templates that other modules can use.
• Provide documents outlining the procedures used by your business and instructions for your employees.
• Many reports that you can reuse at any time are also available.

New Features

1. Accounting Module

• With the help of new features and tools that can be useful in actual business situations, the Odoo 16 Accounting module is now considerably faster and more effective.
• For sales and invoices, a credit limit alert can be set.
• OCR-separate setting is done for the creation of invoices for clients or customers.

Autocomplete in accounting

By using prior bills, the new auto-complete option helps speed up the filling of  the bill details.

Accounting Import

Odoo 16 includes a new accounting import section where data may be imported.

Linked attachment items in the journal

We have a side panel on the right of Journal Items where you may examine the journal’s associated attachments.

Updation in the Contacts bank account field

The ‘send money’ portion from the Contact allows you to view the recipient’s bank account information.

2. Inventory Module

To increase the inventory module’s effectiveness in Inventory management, Odoo 16 has introduced more tools and necessary functionality in the module.

Automated batches

• Enhances automated batches and shipping methods.
• The tools are updated for calculating and estimating the number of visibility days needed to replace stock for items or order replenishment.

Apply all buttons in the inventory Adjustment.

New Barcode app integration to inventory

• To handle product inventory activities in a more comprehensible way, Odoo supports barcode scanning.
• The barcode scanning can be used to track down and locate specific items in your inventory.

UI Changes in Replenishment

A side panel is there in Replenishment so that the information is organized for simple comprehension.

3. Purchase Module

The Odoo upgrade to version 16 has included some useful changes to the purchase module as well.

Expected Arrivals

An expected arrival date can be entered when creating an RFQ.

Alternative in RFQ

Alternative options can be provided while creating an RFQ.

4. Marketing Module

• Without going through the headaches of integrations, you can now alter the global attributes for your mailing list at a time with the Odoo 16 edition.
• The new upgrade will also enable customers to create new email templates from pre existing ones which leads to an efficient email marketing.

Marketing filters

With Odoo 16, you may save marketing filters for segmenting audiences and utilize them in future campaigns.

Changes in the mailing list

The list view offers a chronological sort for emails that have been sent and scheduled.

24 hour stat mailing reporting

It is possible to check how well your mailing is doing a day after it has been sent.

Favorite Filtering

You can create your own filters and either make them available to everyone or just certain people.

5. Manufacturing module

The Odoo upgrade to version 16 adds a number of helpful additions to the manufacturing module.

Work order dependencies and Allocation reports

The Manufacturing module now has Allocation reports for manufacturing. Customers can now view the live status of their manufacturing order from their personalized customer portal at any stage or in between, if a link is created with a sales order.

Conclusion

It’s expected that Odoo will get regular updates, making the software more adaptable, feature-rich and user-friendly. Businesses can anticipate a more streamlined, enhanced, and user-friendly experience with the addition of a number of new features and module modifications. With its new features and improved UI, Odoo 16 ensures that you achieve the maximum level of business management efficiency. Almost 40% of all business units utilize ERP software nowadays to make their processes more functional. In short, Odoo’s version 16 will be simple to use and manage your business. Migration of these versions ensures that you produce the highest level of efficiency in business management through the addition of functionality and a new user interface.