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<br>Here, we talk about the popular open-source technologies for affordable ERP development in 2024 as well as their key features and benefits to enterprises.
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Affordable ERP Development Using Open Source Technologies In 2024
Enterprise resource planning has become an inevitable need for businesses operating in all major industries. Being a crucial part of business process management, an ERP application plays a critical role in helping enterprises sail through their routine operational complexities and achieve higher levels of productivity. Besides, it paves the way for intelligent decision making and helps boost profitability, enabling businesses to generate steady revenue streams. In today’s hard-pressed business environment, a majority of enterprises prefer building a custom ERP solution tailored to meet their varying business needs. In so doing, they get complete control over the software and its features without any intermediaries involved. Although developing a full-fledged ERP system could be a major investment, enterprises may save a significant amount by leveraging open-source platforms like Odoo and ERPNext. https://erpsolutions.oodles.io/blog/affordable-erp-development-2024/
What Is an Open Source ERP? Open source solutions have become increasingly popular these days as more enterprises are opting for custom ERP development by harnessing the open-source technology. An open source platform provides the source code of an application that is freely available for modification or customization. The main benefit of using open-source solutions is that you do not need to bear an additional license fee or an upfront cost to avail specific features of an application. Here, you only need to pay for the development and customization of the application as per your business needs. This significantly reduces the overall project cost and yields an affordable solution that is perfectly tailored to meet your day-to-day business requirements.