Optimizing Operations: Festicup's Transition to Odoo
Odoo Sales, Rental, Finance, Production, and Inventory implementation
From SAP B1 to Odoo
After a costly SAP B1 implementation, Festicup sought a modern system that could manage all aspects of their business without exorbitant costs.
Comprehensive Odoo implementation
Optimized Sales, Rental, Finance, Production, and Inventory workflows with standard and custom application development
Focus on efficiency
Implementing Odoo for Festicup led to significant time savings and operational efficiency.
Festicup Background
Festicup is a Belgium based company that specializes in the rental and sale of reusable cups and manages an in-house washing center with a capacity of 500,000 cups per day. In 2017 Festicup was founded with the goal to eliminate all the plastic waste that is being generated by events on a yearly basis.
"The implementation resulted in significant time savings, particularly from quote to invoice, and enhanced Festicup's operational efficiency."
The Challenge
After a costly SAP B1 implementation, Festicup sought a modern system that could manage all aspects of their business without exorbitant costs. The need was clear: a new, cost-effective, and flexible system. Furthermore Festicup was looking for a scalable solution as they have over 5 million refillable cups available and their systems run over 500k washes per day. After an initial scan of the market, they found the right solution in Odoo because of the transparent per user pricing, the available modules and interconnectivity between the modules.
The Solution
We implemented Odoo modules for Sales, Rental, Finance, Production, and Inventory. Furthermore we implemented a new Festicup website that was entirely build with the Odoo website module. The website is fully interconnected with the other implemented Odoo modules. The intensive 3-month project included custom application development, such as a solution for calculating selling prices based on purchase prices and streamlining the rental process. The implementation resulted in significant time savings, particularly from quote to invoice, and enhanced Festicup's operational efficiency.
The Impact
Streamlined order processing: introduction of Odoo's online signing and instant payment system for quotes has significantly impacted Festicup's order processing. Clients can now seamlessly review and sign quotes online, expediting the entire order cycle. The immediate payment feature ensures that transactions are settled promptly, contributing to a substantial reduction in outstanding receivables after events. This efficient workflow not only enhances the client experience but also positively impacts Festicup's financial management, allowing for quicker and smoother post-event financial reconciliation.
Enhanced cup tracking and transparent invoicing: Odoo significantly improved tracking mechanism for the number of washed and lost cups. This detailed tracking not only provides accurate data on cup usage but also allows for better forecasting and inventory management. The new invoicing system ensures that clients receive clear and transparent billing. The combined effect of precise cup tracking and transparent invoicing has significantly elevated Festicup's operational efficiency and customer relations.
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