What’s New In Odoo 16: The 10 Expected Features

Abstract

Odoo is expanding with every passage of the year. The first version of the Odoo was introduced in 2005 as Tiny ERP, and today we are on Odoo Version 16. That is really amazing as it brings a lot of features with every version to boost a business.

Odoo is always accompanied by excellent add-on features. With this, it has reached the next level, and the functionality of the Odoo ERP is steadily improving.

The greatest value-added expected benefit of Odoo 16 is a better operating experience with improved ease of access, speed, and data management.  The Odoo version 16 is expected to be released in October 2022.

The most interesting thing for Odoo users is that they can quickly migrate to the latest version while still having full access to their present Odoo version.

Based on the market research, this write-up holds the expected features of Odoo 16 for uplifting your business in the future.

Priority Areas

To be more specific, the Odoo V16 ERP has focused on four important areas to ensure a better user experience.

1. Code cleanup and Performance will be taken to an extremely new level in the latest Odoo version.
2. High-performance Accounting Localization support will be the second priority.
3. An improved User Experience will be the third area of focus.
4. The last priority area includes new features in Odoo 16.

Let’s discuss further in detail all the new and expected functionalities of Odoo version 16.

Odoo V16 Viewpoint: Estimated Features

• Efficiency and Performance

Whenever we buy or use any software, the first thing that comes to mind is the ‘performance’. It is one of the most important factors that help a business grow. The latest version of Odoo has focused on its performance and efficiency.

The performance of Odoo V16 is expected to be quick and effective. Once you will start using it, you will find a significantly improved speed. The better the performance of the software, the better the user experience.

• Improved User Experience

Odoo-16 will be a one-of-a-kind and must-have software in any organization after a comprehensive revamp of all-important modules. Each module has a plethora of user-friendly services and facilities.

The workforce management of the HR team and product management of the sales team is expected to be optimized in the new Odoo 16 edition. To satisfy new criteria, sign and marketing modules have undergone significant revisions.

Let’s get into the details to know about the new and upgraded features in Odoo V16 Modules.

• Knowledge Module 

The introduction of Odoo 16 is incomplete without the knowledge module. It is a unique module that is integrated into Odoo V16. It is the same as Wikipedia. With the aid of the knowledge module, professionals and managers will be able to produce documents and share their expertise with one another.

This feature is compatible with all modules of the Odoo. The productivity of the business will increase with the knowledge module, as the interaction between the workforce and the company will improve.

If you are a business person and looking to grow your organization effectively, Odoo V16 is the right place to conclude.

• Accounting Module

Odoo version 16 brings the upgraded accounting module where you will get improved Intrastat reporting, VAT ID validation for eCommerce stores, and E-invoicing methods.

You can see Journal Audit reports with an easy readability that will improve information linked with VAT regulations.

It also offers a new bank reconciliation widget for improved multi-currency handling and streamlined accounting reporting.

One of the new features in Odoo 16 is all about the credit limit alert in sales and invoices. Moreover, for generating your client invoices, you may see an OCR-separate setting.

• Marketing Module

The email marketing module in Odoo V16 has been enhanced. This version allows you to generate new templates using previously developed email layouts.

You can also alter the global properties of the mailing list at once and easily. Moreover, you can access your contacts and their mailing addresses swiftly.

For social networking and marketing, you can retweet the tweets from the dashboard in Odoo V16. With this feature, you can easily manage your business’s social platforms to create an online presence.

• Website Module

In version 16 of Odoo, you can manage the front-end and back-end of your website from a single view. This will save you a valuable amount of time in building an amazing website.

You will get multiple tools to control, manage, and customize the website. The new website builder module will allow you to make your website engaging and interactive.

Moreover, you can configure the website page without refreshing it every time. More filtering and grouping features may be implemented to the webpage for easy user accessibility and management.

• Discounts and Coupons

Now you can easily configure and manage coupons, promotional offers, and discounts on your website with Odoo V16. This will be easily available via traditional sales orders, e-commerce, and POS (point of sale).

Discounts and promotional offers in all applications are likely to be an extra benefit in this module, which combines a subscription app with sales. Therefore, promote your website easily by including the amazing offers for your users with all the new features of Odoo 16.

• Inventory Module

Now, your workforce does not require to press the ‘cancel’ button for backorder. This can be automatically managed with Odoo’s new version to prevent upcoming problems.

On the shipping method, you may discover an improved postcode filter that accepts ‘prefixes’ rather than a ‘form-to’. You would also be able to print data in this version.

You can scan a package, pick and count the product quantity, and Force scan a mandatory or not so mandatory product easily. This version 16 of Odoo allows you to manage how far in advance you want to create a replenishment of a product/order.

• Sign Module

You will be able to decline to sign a document using this new functionality. In addition, you can also change the individual assigned for a role after the request has been made.

With the sign module, you can define ‘stress days’ for an important project, where your workforce would know the priority of the task. Moreover, you can check the leaves, available days, and allocations linked with Time-Off.

If you need to plan the off-days and total working hours of your employees, you can try the FREE Demo of Odoo Gantt View Time-Off App. One of the amazing and topmost apps on the Odoo store that helps businesses to work smartly with advance planned leaves.

A successful business is a result of successful employees. To track the performance of your employees, you can get the statistics and reports of their skillsets. This will allow you to analyze the loopholes to plan projects accordingly.

• MRP

In Odoo 16 new version, you can divide and merge manufacturing orders. Moreover, if the link is created with a sale order, then also your customers can track the status of their manufacturing order. You may now outsource production registration to your subcontractor.

The Odoo V16 does not stop here, you may expect other additional features as well. But that can only be examined once the new version is available for use in the market.

The Blog Diagnosis

To give a new hike to your business, wait for the Odoo V16 and turn your business into a complete powerhouse. The Odoo 16 release date is expected to be in October 2022.

Ksolves is an Odoo development company with years of expertise. We provide a one-stop solution for all of your company requirements, including Odoo customization, implementation, upgradation, support, and integration.

You can reach us via email or call, and we will respond to you immediately for effective Odoo help. For more information, feel free to contact us at:

Email: sales@ksolves.com

Call: +91 8130704295

Frequently Asked Questions

1. What is the product roadmap for Odoo version 16?

A product roadmap is a forward-looking strategy that is liable to change based on a variety of factors such as market circumstances, resources, technological difficulties, and other factors. For now, the product roadmap will be some of the priorities in Odoo 16: Code cleanup and Performance, Accounting Localization, New features, and User Experience.

2. When can we expect the release of Odoo V16?

With a lot of R&D, the expected release date of Odoo 16 is in October 2022. Note that this is an expected release date only.

3. How does Odoo Improve the User Experience in Odoo 16?

With upgraded features and new modules, a user will be able to manage business processes smoothly with Odoo 16. New email templates, improved shipping methods, and other new features are all responsible for giving a high-end user experience.