Future Holding

The Kingdom of Bahrain and Saudi Arabia.

Premium electrical solution provider

Regaining confidence with Odoo: A Case Study of Future Holding

Future Holding is one of the leading companies in the Kingdom of Bahrain which mainly focuses on premium and high-quality Indoor & Outdoor Lighting, Exhaust Fans, Switches & Sockets, Lamps, LED Strips & Aluminum Profiles, Emergency Lighting, and many more. The company started its business by providing consultancies, turnkey solutions, and services in electrical energy conservation. They established their business in Muharraq City - Bahrain, Riffa City, and Riyadh.

An established company with 6 branches along with one acting as the headquarters Future holding is a developing establishment that is striving towards excellence in the Lighting solution Industry. Further, they also function as a consultancy providing their employees for their client thus allowing their employees to work for the client from the client's facility.

Reaching the bottom with their previous ERP- The challenge

Future Holding has been dependent on an ERP tool for many years; however, the ERP tool that they had been using in the initial years couldn't address their requirements.

What were the challenges that Future Holding had with the previous ERP?

  • Ineffective multi-company management, functioning from six branches and one acting as the headquarters.
  • Another key issue that they had to face with the previous ERP is payroll management.
  • Another aspect was that of the sales management along with the management of the remote working employees.
  • Along with the lack of an effective document management module for the missing and storage of other related documents their operations were disrupted.

How did Future holdings manage the operations with previous ERP?

  • All the financial management operations of the entire branches were configured to run from the headquarters branch except on the acceptance of customer payments
  • Being a consultancy service provider, where their employees work in other companies, their ERP has to be equipped with an effective payroll management system for their employees.
  • Due to the impact of the pandemic all the sale operations were turned out to be virtual and that too remotely, the previous ERP that they had lacked in the operations capability and support providing tools for remote working.

Cybrosys- Odoo implementation Methodology

Once Future Holding contacted us with their need for Odoo we initially described them with a detailed demo of the platform explaining the operational capability and effectiveness in functioning they Odoo will bring in. Once we obtained the go signal from Future holding we started developing the platform as per their operational needs. Customization of about 15 % on the Odoo platform allowed us to craft and develop a solution for Future holdings.

Why is the solution relevant for retail business operations?

  • Effectiveness in operations and functional readiness for the reliable management of the multiple retail locations providing them with dedicated controlling tools as well as a unanimity for the headquarters to view and control all the functionings.
  • Readiness of information with an efficient data storage and documents management system.

Outcome- Odoo to the rescue

The implementation of Odoo brought reliability to the multi-company management along with the effectiveness in the functioning. Along with the advanced capable tools and functions of operation helped the employees as well as the management.

Which all Odoo apps were used?

An on-premise implementation with storage support from a cloud server was decided upon and the development process was readily started. The following applications were custom developed in Odoo to be suitable for the Future Holding operations:

  • CRM
  • Sales
  • Purchase
  • Inventory & Barcode
  • Invoicing
  • Accounting
  • PoS
  • Sign
  • Employee
  • Attendance
  • Payroll
  • Leaves/time off
  • Website

How has on-premise(Cloud) based hosting beneficial for the operations of Odoo in Future Holdings?

  • The aspect of sending quotations to their clients and updating management effortlessly was a major help for the company's salesperson who was working remotely due to the Covid 19 pandemic.
  • With the Odoo documents module, they can effectively store the documents such as sales quotations, email details, further company operations-related documents digitally providing them accessibility just by logging into the platform remotely.

How have Future holdings benefited from functioning with Odoo?

  • With the multi companies setup, all their companies from a single window and one central platform providing unanimity for their entire operations.
  • They can manage their sub-company accounting details and other information from the Odoo dashboard of the headquarters itself.
  • Helped to keep a healthy relationship with their customers with proper follow-ups using the CRM module.
  • They are now able to generate different sets of reports based on their requirements, with the capability to add up additional filters to generate reports easily.
  • The Odoo Payroll helps them to maintain the payroll of employees on field duty and those working as consultants in other companies with ease.

How was it beneficial for Future Holding to implement Odoo with the help of Cybrosys Technologies?

With effective customization and rightful development by Cybrosys, Future Holding was able to effectively manage the functioning of all the aspects of their organization intact and with full-fledged reliability bring in efficiency in operation and improvement in the productivity aspects of the company.

No Of Companies: 6

No of users: 28

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