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ASBISC Enterprises PLC

Large International Technology Company


Asbis
Industry:

IT Services and IT Consulting

Category:

Hardware and Software Distributors, IT & Communication

Location:

πŸ‡¨πŸ‡Ύ Cyprus, Limassol

Company size:

1K-5K employees

Project budget:

$500K - $1M

Business Problem

One of the main challenges faced by ASBIS stemmed from the limitations of its legacy ERP system. The system lacked the modern functionality required to support and scale evolving business needs, and its outdated architecture made updates difficult or even impossible. To compensate, numerous third-party tools (both connected and not connected) were introduced, resulting in fragmented data and inconsistent accounting processes.

Managing multicompany operations added further complexity, particularly when it came to local accounting regulations and consolidated financial reporting. Additionally, multicurrency transactions created significant challenges in areas such as purchase reconciliation, where price and exchange rate differences complicated accuracy, as well as in varying costing methods and landed costs, which affected the reliability of financial results and overall operational efficiency.

Key Solution

Our client chose Odoo ERP to replace its legacy system, and we supported them in implementing the following key solutions:

  • ● We built ten connectors that allowed data exchange between Odoo and the corporate ERP for purchases, receipts, bills, products, prices, and sales. For ASBIS, it was important that these massive exchange processes could run 24/7 without any interruption, which helped the accounting department consolidate data from all areas of the business.
  • ● We also developed a Purchase Reconciliation Report that showed mismatches between received and invoiced quantities per purchase order line. The report compared not only quantities but also amounts across purchase orders, bills, and receipts both in company currency and document currency, allowing the finance team to act quickly.
  • ● For ASBIS, tracking slow-moving stock is a critical function, but the standard report in Odoo was not detailed enough and required enhancements to fully cover their business processes. We enhanced the standard report and built an Inventory Aging Report.
  • ● In addition, we implemented landed costs and stock valuation customization, automatic revaluation (SCP), custom invoices and POS receipts.

Results

    ● ASBIS has made a significant step toward software unification across the entire corporation.
  • ● The main bottleneck β€” the internal system’s scalability β€” had been resolved, enabling continued company growth..
  • ● A template solution was developed and successfully replicated across subsidiaries.
  • ● To date, 5 companies have already gone live on Odoo.
  • ● The rollout of 10 additional companies is planned for 2026.
You can read the full story here.

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This story was presented at Odoo Experience 2025

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