Key Takeaways
- A retail ERP links purchasing, stock, sales and accounts.
- GST, e-invoicing and e-way bills should be built in.
- Odoo and custom ERPs suit different retail sizes and models.
Growing retailers often run billing in one tool, accounts in another and purchase in spreadsheets. Reconciliation takes days and mistakes are common. A retail ERP brings these processes into one connected system.
Key modules
- Purchase orders and vendor management
- Multi-store and warehouse stock
- Pricing, schemes and promotions
- GST billing, e-invoicing and e-way bills
- Accounts, payables and receivables
- Returns and credit notes
- POS and e-commerce integration
- Management reports
Choosing a retail ERP
| Option | Best for |
|---|---|
| Odoo customised | Mid-size retailers wanting flexible modules |
| Industry ERP | Standard retail formats |
| Custom ERP | Unique processes or large chains |
Compare total cost over three to five years, including licences, customisation, hosting and support.
See the retail software stack and DMS.
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Explore Retail Software DevelopmentGet a Free QuoteRelated reading: Retail Analytics · Retail Software Cost
Frequently Asked Questions
What is a retail ERP?
An integrated system for retail purchasing, stock, sales, GST and accounts.
Is Odoo good for retail?
Yes, Odoo's POS, inventory and accounting modules suit many Indian retailers with customisation.
Does retail ERP support e-invoicing?
It should support GST e-invoicing and e-way bills for applicable businesses.
Can ERP replace my POS?
Some ERPs include POS; others integrate with your existing POS.
