Finally, the wait is over. Here comes Odoo version 16, which is released in October 2022. As every version comes with new updates or so many well-running features, odoo services are one of them. The newly released version has several improvements that will help you enhance your enterprise activities smoothly. 

The motive of updating a new version is all about getting significant advantages to the end user. At last, a better user experience is the priority when a new version is released. The latest version includes odoo pricing, operational speed, application performance, better user experience, and many more to manage your ERP requirements efficiently.

Let’s see some highlights of the new version of odoo 16 that has come across the world.

What’s New in Odoo Version 16

1. Knowledge Application

Odoo 16 has launched the new Knowledge Application for its users. It is the most requested application from users globally. As it has:

• Info-sharing hub inspired by Wikipedia and confluence. 
• You can add business processes, versions and enhancements, informational articles, administrative instructions, and more to the applications.
• To maintain effective communication in the company, use to create and distribute articles within the organization, most of which are linked to work. 
• Organizational information is centralized for easy access.
• Can change the permission as per requirement, like whether internal users can read, edit, or have no access. 
• Can share article info with the outside organization through the link.

2. Odoo Enterprise Pricing – One Price for All Apps

Reduced its prices in new version 16 for enterprises. Previous prices are based on the apps the user has purchased, and each app has a different price. In the latest version, odoo introduces one price for all apps for a single user. Moreover, it includes:

• Odoo ERP has a low cost compared to others
• Unlimited hosting, support, and maintenance with all plans.
• No cost for one app and total users.

3. Sales And Subscription Module

As Odoo focuses more on user comfort, the new integration of the Subscription with the sales orders will make subscription administration much more accessible. Moreover, you’ll find:

• New field requiring sales order.
• Merged subscriptions into sales orders.
• Generating recurring invoices and managing renewals.
• Sale order button on the invoice.

4. Website And Chatbots Modules

Chatbot’s feature gets more advanced, allowing users to obtain any issue solved quickly and in less time. It will save you valuable time and money. The new features include the following:

• More power and flexibility over the website builder feature.
• Improved chatbot functionality, including questions and a decision tree so consumers may obtain direct answers to their procedures from the chatbot.
• Merged the website’s front end and back end to produce an identical user interface and allow additional customization choices.
• Configuration can be done without having reloaded the page. More accessible website options. The goal is easy user management.
• Odoo has a chatbot that can retrieve data from the application server.
• You may finish the setup without refreshing the webpage, providing you additional management control over website settings.

5. UI Enhancements

It is more user-friendly, and the user experience, along with tools and feature accessibility, has been improved. Also, performance and operational speed increased by 3.7 times for the backend and 2.7 times for the website and E-Commerce. Other features are:

• No, edit and rearrange button layout.
• The dark mode was introduced.  
• Map view in the event module.
• Rental on E-Commerce.
• New search- updated dashboard search view.
• Help icon- When the developer option is enabled, Odoo adds a new help icon to each field.
• Favorite menu- have the opportunity to insert a link to an article.
• The icon on many2one fields- internal links that redirect to the field data form view.

6. Employee, Attendance, And Time Off Modules

This feature is enhanced to keep track of the employee’s attendance, work, and time management. To manage employees’ data, it has: 

• New view for employee module.
• It enables you to configure the attendance mode, display time and barcode sources. 
• Stress day in time off.
• Skills report of all employees.

7. Point of Sale Module 

The old version separates promotions and coupons from the main application module. Users were hesitant to use their functionality for these applications. All of your site’s discounts, coupons, and special offers can now be managed from one central hub, thanks to new features in this edition. These are flexible enough to be employed in a variety of retail settings, including online stores and point-of-sale terminals.Moreover:

• Odoo 16 now includes an E-Wallet feature.
• Reporting and analysis are simplified.
• The gift card is also available for purchase.
• Discounts, promotional offers, and coupons combined with all apps benefit the firm, sales, and promotions.

8. Accounting And Inventory Module

The accounting module has been enhanced with several new tools and features. Since invoice management and processes have been digitized, operational speed has improved. The update got new features, including:

• New barcode app integration to inventory.
• Autocomplete in accounting.
• Automated batches.
• Operation type configuration for backorder creation.

9. Dashboard And Other Module Enhancement

Many entrepreneurs are thriving with proper business management. The dashboard makes their work easy by tracking and monitoring data in one spot. Some of the enhancements are: 

• Minimum time of rental and unavailability days.
• Completely Revamped dashboard. Now we can check out the details of all the modules.
• Improve website builder. 
• Can add custom fields instantly.

Conclusion

Odoo has a plethora of features, and the latest Odoo version is designed to simplify work. Odoo 16 is far more likely to succeed than its predecessor because of its simple interface and business management skills. The new features in Odoo 16 have been upgraded and will help you to achieve optimum efficiency while optimizing your business procedures.

If you are looking to implement odoo 16 or would like to migrate over to the new version, you can surely Connect us HERE. We will assist you with fully certified odoo experts. Moreover, if you want to create an odoo store or require any odoo application, you can visit the SunCart store.