What is the actual purpose of Document Management System in openerp v7 or what is its exact role in the system?
Odoo is the world's easiest all-in-one management software.
It includes hundreds of business apps:
- CRM
- e-Commerce
- Accounting
- Inventory
- PoS
- Project management
- MRP
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Have you read here : https://doc.openerp.com/7.0/book/7/