The client, a B2B real estate agency, was already using Odoo but needed assistance integrating finance management features. Odoo, an open-source ERP system, offered a solid foundation, but the client required customizations to meet their complex financial needs, such as multi-currency support, consolidated reporting, and invoicing.
One core challenge was ensuring that Odoo could handle financial transactions across multiple branches and regions while maintaining international accounting standards. Additionally, the system needed to automate invoicing, payment tracking, and ensuring compliance with IFRS/GAAP standards and local tax regulations.
Accounting and Financial Management
Invoicing and Billing
Expense and Payroll Management
Reporting and Analytics
International Standards Compliance
Multi-Currency Support
We were working with the client under an outstaff model (IT staff augmentation). For project management, Agile methodologies were used, allowing for iterative progress and frequent feedback.
Regular communication was maintained through tools like Slack for day-to-day updates and Zoom for meetings. This approach ensured collaboration and transparency throughout the development process.
utomated real-time exchange rate updates for 5+ currencies.
Enabled simultaneous processing of 20+ vendor payments in a single click.
Integrated recurring invoice scheduling, reducing manual input by 70%.
The client was able to provide clear and detailed financial reports, adhering to international accounting standards (IFRS/GAAP).
Achieved 100% consolidated reporting across 3+ branches.
Reduced invoicing and payment workflows by 40%.
