On-premise and Cloud-based ERP both offer pros and cons. Which type of system will suit your business best is worth exploring thoroughly before you make a decision. With that in mind, here are 5 benefits of Cloud ERP that we believe are worth considering:
1. Value
Depending on the size, financial situation and structure of your business, Cloud-based ERP can offer phenomenal value. While on-premise ERP usually requires hefty payment upfront, Cloud offerings do not and also allow costs to be spread over time. If keeping operational costs down to a minimum is important to you, then Cloud ERP should really appeal.
2. Scalability
The ability to quickly scale up or down based on the ever-changing needs of your business is a massive benefit that Cloud ERP offers. On-premise scaling can be a time and labour-intensive exercise, which is all but eliminated with Cloud ERP. This scalability takes away the headaches brought on from the worry of keeping your ERP and business in sync.
3. Quick Implementation
Rushing into a business decision is never a good idea. This is particularly true when it comes to ERP. That said, it is undeniable that acquiring an on-premise ERP solution is a more drawn-out and time-consuming affair than implementing Cloud-based systems. By nature, Cloud systems are incredibly fast to install and configure. Providing you have done your due diligence ahead of time, Cloud ERP can be up and running almost immediately.
4. Security
There is still some scepticism regarding the security of Cloud-based systems. While this is understandable, the truth is that it’s largely unfounded. In reality, Cloud ERP security is incredibly tight these days. Why? Because the stakes are too high for it to be anything less. Cloud suppliers would be quickly out of business if their customers’ data was not protected with the utmost care and attention. As a result, you can rest assured that Cloud ERP is a secure proposition.
5. Flexibility
Cloud ERP provides A LOT of flexibility to your business. This is mainly due to the fact that a Cloud-based system can be accessed from anywhere, providing you have a working internet connection. Such ubiquitous access means that decision-making, data sharing and reporting become viable options anytime, anywhere. It also means having unfettered access from your desktop PC, your laptop, your tablet or even your mobile phone.
While that concludes our 5 Benefits of Cloud ERP, there are many more that we could focus on. If you would like to discuss Cloud ERP or any business software in general then get in touch via email (sales@appliedbusiness.co.uk) or phone +44(0)1767 677071.
Applied Business are accredited partners of ERP Software providers Acumatica, Pegasus Opera and Greentree ERP.
