Odoo Credit Limit Module: Features and Benefits

Module that allows to put a credit limit to any client individually, which facilitates the monitoring and follow-up of the client's payments.

With this module your company will have a competitive advantage, since it works as a tool that keeps a record of the previous installments of each client and as it is an automated process it helps to avoid overdue invoices and debts that become uncollectible, this credit limit is an ally to limit amounts of loss that your company would suffer if a customer does not pay. This module also has the function of allowing or denying orders if the purchase amount exceeds the credit limit assigned to the customer. 


What factors should be considered when establishing a credit limit for each client?

For the granting of a credit limit, your company must consider key factors that allow you good profitability, security and that do not imply an increase in risk, such as:

Payment history

The payment history of the client should be carefully reviewed and if each debt has been paid on time.

Client's financial situation

It is important to evaluate each client and their possibilities, this to minimize risks and maximize the profit margins of your company.

By taking these factors into account, you ensure that you give each client an adequate credit limit.


Benefits of having the Odoo credit limit

Here are some of the most important benefits of the Odoo credit limit:

Set a credit limit

You will have the possibility to establish a specific credit limit for each client, allowing Odoo to prevent said client from placing an order if the credit limit is exceeded.

Easy setup

This module does not require any special configuration, it is as easy as installing it and starting to use it.

Automate the process

It reduces human efforts, since the whole process is automatic, which also benefits the saving of time.


Important Odoo Customer Credit Limit Features

Easy tracking

With a minimal configuration, it is possible to keep track of the order numbers that have not been paid by each customer, as well as the amount of each order and the pending invoices for each payment.

Unique credit limit

It is possible to set a unique Odoo customer credit limit for each customer.

Warning message

The user will receive a warning pop-up message for himself, this message shows the details of the previous installments and their total amount.

Approve credits

The user has the ability to send a credit approval request email to their Odoo administrator, if the order is approved a confirmation email is sent to the user which will allow them to confirm the order.

Everything is logged

The activity is recorded in the Odoo chat, as well as the approval request email is automatically attached to the order conversation. Similarly, the confirmation email is added to the order conversation.

Do you want to know more about this module? Request a demo with us, we can help you!


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