Odoo 16 Version Release: Expected Features

From being a Tiny ERP software solution to an open-source suite of business management software for small to large-scale enterprises, Odoo creators have always offered its users promising solutions. And with Odoo 16 release fast approaching, one thing we can all say for certain is that they will go for

performance boost, and
seamless user experience.
But, what will be the probable areas of change, and which new and exclusive Oddo 16 features to expect from this update?

We will discuss all the expected features for this version as of now!

Priority Areas for the Odoo 16 update –

Code cleanup and performance boost of the entire software by making tweaks and changes wherever necessary.
Accounting localization support.
Better user experience.
New and exclusive features.
Furthermore, let’s look at the expected features to be added in various key modules of Odoo 16 and their business benefits in detail.

1. Elevated user experience
Like every major update of Odoo, the Odoo release notes of version 16 hint at the elevated user experience of all major modules. As per the update, many user-friendly features have been incorporated to help operations like product management of the sales team or employee management of the HR team. The sign and marketing modules have also been redesigned for a seamless user experience.

Business benefits – Simplified user interface, ease of work or management from employee’s perspective, seamless communication, improved productivity, and elevated customer experience.

2. Accounting module
The accounting module is likely to see a lot of interesting features which businesses can surely benefit from.

It will be possible to generate Intrastat reports for speeding up the validation process.
With enhanced readability and information on VAT (value-added tax), journal audit reports will improve.
New bank reconciliation – accounting imports and multi-currency matching are some of the exclusive features that you will get with the version 16 Odoo release.
Credit limit alert for sales and invoices.
The asset enhancement module will see improved UX, easy cancellation, and accurate calculations.
An OCR-separate setting to create invoices for clients/customers.
Business benefits – Speed and accuracy in accounting-related operations, effective management, reduced operational headaches in accounting, quick invoice generation, and accurate audit reports.

3. Marketing module
In Odoo 16 version, you can now change the global attributes for your mailing list at a time without having to go through the hassles of integrations. The new upgrade will also allow users to create new and unique email templates from the templates designed in the past for smooth email marketing.

It will also be easier to import data and access email addresses and contact information. One can also retweet the old tweets to build their online presence on social media.

Business benefits – Time-saving, improved productivity, lower operational costs, improved social media engagement.

4. HR and Sign module
Multiple Odoo 16 features update is expected for the HR and sign module, as mentioned below –

A refuse to sign feature has been added.
Easy to assess employee skills and performance in a month with the help of reports and statistics.
Change or modify the role assigned to an employee as per request.
A ‘Stress day’ feature has been added which defines the priority tasks on any given day.
Easy access to check allocations, leave days, time offs, etc.
Business benefits – Excellent resource planning, improved leave planning, employee performance tracking, efficient project planning, and minimize loopholes in resource allocation.

5. MRP
The manufacturing module is expected to have many useful features with the version 16 Odoo update. For instance, we have –

Users are capable of dividing and merging all manufacturing orders for a more streamlined and sought-after process.
For any sales order, your customers now can track the status of the manufacturing order via the generated link.
With the introduction of a subcontracting portal, it is now possible to outsource the production registration to the subcontractors.
Business benefit – Streamlined manufacturing process, time-saving approach, improved transparency for customers.

6. Inventory module
From improvements to the incorporation of new features, the inventory module will likely have several changes in Odoo 16. So, what all to expect? Here’s what!

Businesses will have the option to force a backorder and get the item from the primary supplier instead of canceling the order each time their inventory shows an item ‘out of stock’. The new Odoo upgrade will automatically manage such orders and create less confusion.
Improves shipping methods and automated batches.
Updated tools that compute and estimate the visibility days left to restock inventory for replenishment orders or goods.
Force scan feature.
Pick and count.
Improved postcode filter.
Business benefits – Smooth business operations, hassle-free manufacturing or delivery of goods, easy scan operations, improved inventory management, transparent system, and better productivity.

7. Purchase module
The Odoo upgrade to version 16 has included some useful changes to the purchase module as well. From the Odoo release notes, you can expect –

A redesigned ‘call for tender’ option for enhanced performance.
Commercial invoices as per the business standards.
Shipping insurance meeting business standards.
Real-time sales and purchase order tracking for receipt or delivery.
Configuring and managing promotional offers, coupons, and discounts will be possible with Odoo 16.
Business benefits – More transparent system, improved performance, secured process, elevated user experience.

8. Website module
When opting to upgrade Odoo 15 to 16, these are some of the expected features you will see in the website module –

Managing the website front end as well as backend from a single view is possible.
A plethora of tools will be at your disposal for customizing the website as desired.
You don’t need to refresh each time you configure a website page.
More filtering and grouping features are to be implemented on the web pages.
Business benefits – engaging and interactive designs, time-saving, exclusive features, and many customization options.

While these are some of the expected Odoo 16 features, only time will tell what more users are in for. Stay updated to learn more about the Odoo 16 features, benefits, demand, and business use once the update hits the market.

Who Should Consider the Odoo 16 Version Update?
Now that you are aware of the various features and updates to expect from Odoo v16, deciding whether or not this is the best option for you will be easier. However, a few things are to consider before you make the final decision.

Are you already an Odoo user? It is to note that the Odoo community supports only the three latest version releases. Thus, if you are using Odoo v13 or any earlier updates, it is about time for you to perform an Odoo upgrade.
Small-scale, mid-scale, and large enterprises that need modern, flexible, and up-to-date CRM and ERP solutions.
Businesses that require to automate various manual processes and simplify their business operations.
Those who are facing issues with their existing CRM and ERP software.