Canada-based Condo Rental Giant Experiences Increased Operational Efficiency in Accounting with Odoo ERP Integration
About Client
A member of the Tridel group, the client is a condo rental service provider based in Canada. Established in 1986, it has streamlined the rental process so as to bridge the gap between landlords and tenant owners. As the rental process involves multiple financial transactions, the client approached Brainvire to automate and manage its financial transactions by integrating its current platform with Odoo ERP.
About Product
The Brainvire team studied the project in detail and went ahead with the integration of client’s current platform with Odoo ERP. Automation of various financial transactions and bringing everything under the same roof was the core objective of this project. This allowed ease of operation and also reduced the client’s workload to an extent. As in any project, there were various roadblocks encountered. The Brainvire team took them as a challenge and completed the project in a dedicated timeframe.
How we did it ?
Workflow Automation
Legal Matters
Sophisticated Reporting System
Challenge: Integration of client’s multiple systems and operations.
The client’s operational framework consisted of various units, each performing different tasks. So, accounting features needed to be applied to all of them in order to build a robust and centralised accounting system.
Solution:
Brainvire team made use of the architectural framework of REST (Representational State transfer) API and helped to interconnect the wide array of the client’s systems.
Challenge: Achieve workflow automation reducing overall manual workload
As is the case with any large organisation, the client’s daily affairs involved tasks that were repetitive in nature. Hence, automation was the need of the hour!
Solution:
Odoo platform offers modules that enable workflow automation. This was utilised to the fullest potential by the developers and the tasks were simplified. Workload of client was reduced considerably.
Challenge: Compliance with local regulations was crucial.
As the client is based in Canada, so the system had to be fully compliant with their taxation policies and other legislations.
Solution:
Brainvire’s team of in-house experts helped to structure the integrated system as per the prevailing laws. Also, the requirements were discussed with the client’s team of financial experts.
Challenge: A robust and detailed reporting system was necessary to logically correlate the massive amount of data.
Due to the complex business setup, the client required a detailed reporting system that would cover his entire organisation and supply crucial data with ease.
Solution:
All of the client’s existing reports were implemented along with the necessary calculations. Additionally, some other useful reports were also implemented that would prove beneficial for the client’s business growth.
Result
Substantial Reduction of Workload
Due to workflow automation, 40% reduction in manual workload was noticed.
One-stop solution!
The integrated product proved to be a one-stop solution for the client’s needs.
Increased Accuracy in Financial Transactions
Increased accuracy was noted in all of the accounting transactions and reporting systems.
15% Surge in Sales
A 15% surge in the client’s business graph was recorded!Client Testimonials
Mr Craig Agranoff
The best thing about Brainvire is Compatibility. Whenever we have a query Brainvire is always ready (24*7) to take care and resolve our issues. We would suggest them to everybody for their Web Design and Development need. Great quality of works and brilliant employees.
Mr Clarke Verdel
Brainvire is a professional company with professional developers who understand the problems that we are facing as a company. Outsourcing my projects at Brainvire saves me valuable time because they work efficient and they unburden me from the actual time management.
Mr Matthew
We have dealt with a lot of web development firms and other tech support companies, none come close to Brainvire. We would recommend them to everyone. Great quality of work and brilliant employees.
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