With the dynamic nature of global business nowadays, it is important for business leaders to switch to more flexible, cost-effective, and productivity-improving solutions. One such solution is a Cloud ERP system. Here is everything you need to know about cloud ERP.
What is Cloud ERP?
It is exactly the same in terms of features & functionality to any other ERP system (CLICK HERE TO READ MORE ABOUT ERP), the only difference is that a Cloud ERP system is hosted off-site by the ERP vendor as opposed to being hosted on-premise. It can be accessed remotely and provides many advantages.
Since Cloud ERP is hosted off-site by the vendor, it doesn’t need the same on-premise hardware as the conventional ERP system. It can be deployed quickly and allows real-time access. The modifications and maintenance are also easy & hassle-free and can be done without disturbing daily operations. This implies, fewer people are required as there is no need for maintenance staff, there is no need for VPNs, and hardware & software updates aren’t a headache. Cloud ERP drastically improves efficiency; hence it also means businesses get a higher return on their investment after implementation.
Another great advantage that Could ERP offers is the flexibility it allows to the users. It can be accessed remotely and helps keep every operation and employee aligned and offers a level of consistency in the operations. As we have seen recently, due to the COVID-19 pandemic, businesses could not operate from the premises and most of the operations have been carried out remotely. In such a scenario, Cloud ERP has proven to be an outright winner in comparison to a conventional solution.
A Cloud ERP system is more secure in comparison to a conventional system as the server is off-site. Most services provide 24-hour support making the experience more efficient and low-risk. Usually, cloud providers are companies like Microsoft & Oracle, the level of security such ERP providers have is more sophisticated than on-premise. The risk of the data being stolen, misplaced, or damaged is much lower in comparison to an on-premise solution. As these services have progressed, there is now almost no downtime and also a number of options to choose from.
Should you move to a Cloud ERP system?
Yes, absolutely. In a pandemic hit world, with restrictions on physical movement, it is very important to have a flexible solution for enterprise resource planning. Top ERP providers have already moved to the cloud, so with cloud ERP, you will experience advanced features and security along with the flexibility of accessibility. You should definitely move if you are; working with an obsolete ERP system that does not provide any support or updates and plans to change it anyway, if you are looking for a more flexible solution for remotely enabled operation and if you are looking to get more out of your ERP solution.
Do you need someone who could help you with Cloud ERP Implementation?
Deploying an ERP system is a major decision for any business leader. It is a long term
commitment and is often complex. There are a lot of things that need to
be taken into consideration. Like; what existing systems will your ERP connect with? What
types of productivity increase or cost savings are you expecting? Unless your goals are
defined before you begin, you won’t get the results you expect at project completion. If
aligned with Digital Transformation, ERP will not just optimize business processes but will
also drive more revenue and help capture new markets. The key is to identify a selection and
implementation strategy that aligns with your business needs and reduces implementation
time from a few months to a few weeks. Moreover, lower the total cost of ownership with
essential core functionality using the agile methodology.
The answer is simple, look for a partner who is capable of helping you out with your
selection process and is proactive with suggestions and solutions.
WE CAN HELP YOU WITH AN IN-DEPTH & WELL ROUNDED ASSESSMENT
Captivix helps organizations select the most suitable ERP system and allows businesses to
improve productivity while also helping the management to ease into these IT developments.