The sales cycle plays an important role in the sustainable growth of the company. Effective sales management helps to boost the overall business performance, allowing the sales team to have the company’s clear goals and objectives. By using advanced technology for your manufacturing business, you can smartly manage sales activities and get a competitive advantage.
In this blog post, we will compare three popular sales management software: TranZact, Tally, and Odoo. It will help you choose the best option to streamline your sales process in the manufacturing business.
What Is Sales Management?
Sales management is the process of planning, implementing, and taking control of all the activities occurring during the sales cycle. It includes team collaboration, documentation creation, inventory audit, and more to achieve the sales objectives. Doing these operations manually can be time-consuming and impact the company’s financial status.
Therefore, many small and medium manufacturing companies are looking for the best sales management tools to automate manual work. This software includes accounting, reporting, performance tracking, and other processes that are carried out in the sales funnel.
Overview Of Sales Management Tools
Sales management tools allow you to implement techniques to execute all the activities in an organized way. The best sales management software contains sales tracking modules that provide insights in real-time to have effective control over your sales department. You can forecast the sale of your product with proper inventory tracking and streamline the supply chain accordingly.
You can also access customer relationship management tools inside and manage department operations on a single screen. The modules in inventory management software can help to make risky sales decisions and ease operations.
About TranZact
TranZact offers all the essential features required in sales management software. It is exclusively designed for Indian manufacturing SMEs. It is a one-stop solution for handling your sales activities, including inventory management, transaction timeline, and e-way bill or e-invoicing generation.
TranZact offers an easy accessible dashboard that helps you communicate with your internal team, suppliers, and more. It also offers Gmail and WhatsApp integration features to easily share documents. With TranZact, you can even get real-time sales tracking and other related inquiries in a single place.
All these features allow manufacturers and business managers to build effective sales environments that allow timely reporting and analysis of ongoing operations.
About Tally
Tally is a software that is mostly used for the accounting process. The system helps to understand the latest trends in the market and forecast sales opportunities. This data allows SMEs to make necessary changes in their ongoing sales operations to achieve their targets. Tally allows businesses to create different kinds of sales reports and manage inventory and other data. However, too many functions offered inside Tally can make it challenging for SMEs to access the required features.
About Odoo CRM
Odoo CRM (Customer Relationship Management Tools) is an open-source software designed to manage sales and other business-related activities. The sales management modules offered in Odoo allow you to use effective inventory tracking, point of sales, project, account, and many more.
It also provides valuable insights about the market, has better control over the sales department, and easily generates sales orders. It allows you to track operations from a single screen and manage and sell products more effectively. However, Odoo might not be compatible with all essential third-party tools and has huge implementation costs.
Sales Management Features Comparison: TranZact Vs Tally Vs Odoo CRM
TranZact, Tally, and Odoo CRM are all sales management systems with unique features. Before you choose your ideal system to manage your business's sales, you must check the features that are best suited for you. You can check out sales software comparison of all three software on different factors.
| Criteria | TranZact | Tally | Odoo CRM |
|---|---|---|---|
| Features and Solutions | Inventory Tracking Resource Planning Transaction Timelines Sales Transactions Purchase Transactions Easy Set Reminders Order Confirmation template Purchase Order template Invoice template Sales Quotation template Buyers & Suppliers Performance Reports Business Intelligence E-Way Bill | Invoicing Accounting Inventory Management Business Reports Credit and Cash Flow Management Taxation and Compliance Cost Control and Cost Analysis Improved Security Management Payroll Management | Sales Template Inventory management Purchase Order Manufacturing automation Project management Effective marketing Event Organizer Invoicing Human resources |
| Supported Platforms | Windows Android iOS Linux | Windows | Windows Android iOS Linux |
| API Integration | Tally Google Sheet AfterShip Zoho Easycom Busy ERP | No API integration. | No API integration. |
| Communication Facility | Gmail SMS Phone | Gmail | Gmail SMS Phone |
Pricing Comparison: TranZact Vs Tally Vs Odoo CRM
While comparing the price of TranZact vs. Tally vs. Odoo CRM, when you analyze carefully, Tally and Odoo are expensive because of their complicated price plan. Let's understand this better below.
TranZact
TranZact is available in monthly subscriptions that include four plans based on the features. Its micro plan, small plan, medium plan, and enterprise plan can be billed quarterly or yearly.
- Micro Plan: You can sign up for free in the micro plan, which includes advanced lead management, inventory tracking, WhatsApp integration, and 10+ reports.
- Small Plan: Small Plan costs Rs.3,999 per month that are billed on a yearly basis. It includes all the features of Micro Plan, including delivery and payment reminders, stock valuation, multiple-level BOM (Bill of Materials), and business intelligence for automation in sales management. You also get API integration such as Tally, Busy ERP, ZOHO, and Gmail.
- Medium Plan: This plan includes all the features of the Small Plan in addition to e-invoicing, multi-currency support, inventory aging, and MRP (Manufacturing Resource Planning). Its sales management benefits you with multi-step production, production costing, access management, 65+ reporting, and document approval. The plan may cost up to Rs.9,999 per month and can be billed on a quarterly or yearly basis, allowing access to 10 users.
- Enterprise Plan: Enterprise Plan includes everything that Medium Plan has in just Rs.29,999 per month and billed on a quarterly or yearly basis. Its additional features include easyecomm integration, batch tracking (barcode), custom reports, store-level permission, and Google Sheets MIS integration. You can add at least 15 users and provide specific access to the managers of different departments.
Tally
Tally ERP software is designed for SMEs and big enterprises. The company offers four plans based on a monthly and perpetual basis, following an 18% GST on cost.
- Silver Rental: Silver Rental is a single-user edition applicable to one PC. It is a subscription-based plan that starts from Rs.750 per month, excluding 18% GST. Its three month plan starts from Rs.2,250, and one year plan costs Rs.9,000.
- Silver: Sliver is the perpetual package for single users, which will be supported on a single PC. You have to pay Rs.22,500 at one time, which seems expensive. The company also offers zero-cost EMI for SMEs, which includes 18% GST.
- Gold Rental: It is an unlimited multi-user edition that supports multiple PCs and LAN environments. It comes in three packages which include one month, three months, and twelve months. It may cost you Rs.2,250, Rs.6,750, and Rs.27,000, respectively, with the addition of 18% GST on each.
- Gold: You can get the Gold perpetual edition at just Rs.67,500, which may include Rs.12,150 as GST. It allows multiple user access on a LAN environment for better collaboration and effective sales management. The Gold edition is available in zero-cost EMI with easy billing and review.
Odoo CRM
Odoo ERP allows you to choose from a variety of applications to manage manufacturing operations and sales but you have to pay for all of them. The company offers three plans on a monthly and yearly basis, which offer access to specific apps.
- One App Free: This is a free subscription option that allows unlimited user accessibility at zero cost. You will get all the basic applications like Marketing, Sales, CRM, Accounting, etc, to improve your sales figures.
- Standard: This plan includes all the apps in One App Free, in addition to marketing apps like Email marketing, SME marketing, events, surveys, and appointments. You can even streamline your manufacturing process, automate operations like accounting, and improve sales. The standard plan may cost up to Rs.580 per user per month on a yearly basis plan and Rs.760 per user if you choose the monthly subscription.
- Custom: This plan includes all the premium apps that you can use to improve your sales management. The company offers Odoo Online with unlimited users, Odoo Studio, Multi Company package, and External API. Its yearly plan costs Rs.890 per month for each user.
Benefits Of Using TranZact For Sales Management
Managing sales is one of the most important activities that you must focus on to make a profit. TranZact offers effective sales management tools that provide useful insights about the market and competitors. It allows Indian SMEs to carry out hassle-free inventory management, sales tracking, and better collaboration with their team.
With TranZact, you can automate approval processes, production scheduling, accounting processes, and more activities.The rest can be handled using sales management best practices. TranZact is the most cost-effective solution compared to Tally and Odoo based on features and simplicity.
Choose TranZact today for effective sales management with multi-user accessibility and advanced security.
FAQs
1. What do you mean by sales management?
Sales management is the process of making a strategy to manage sales activities to achieve the business goal.
2. Which is better, TranZact, Tally, or Odoo CRM?
Between TranZact, Tally, and Odoo CRM, TranZact is the ideal option for Indian SMEs as it offers easy-to-use sales management tools to improve their business productivity.
3. What is the difference between Odoo CRM and Odoo sales?
The difference between Odoo CRM and Odoo sales is that Odoo CRM is a complete package that manages leads, opportunities, and customers with its sales module. On the other hand, Odoo Sales allows to track the workflow from start to end.
4. What is Odoo CRM used for?
Odoo CRM is used to manage sales activities by automating quotation creation, order management, price listings, and many more.
5. How to maintain sales in Tally?
To maintain sales in Tally, you need to follow the below procedure.
- Open sales voucher in the item invoice mode.
- Include the buyer details like account, dispatch details, and transaction details.
- Select the common sales ledger and include the stock item details.
- Print the invoice to send to your customers.
6. What is sales management software?
Sales management software is a technique that allows you to simplify the sales process by automating sales forecasting, inventory management, accounting, etc, with needful modules.
7. What is a sales and inventory management system?
A sales and inventory management system is a tool that allows SMEs to manage sales activities and inventory tracking using the same platform. One can easily track socks, perform sales forecasting, and manage orders.
