1. Cost
The most important and major benefit of shifting to Cloud is cost. An on-premise ERP would not only cost a lot but you would also have to make a huge and instant payment as on-premise ERP systems require down-payments before the deployment and implementation.
On the contrary, Cloud ERP solutions have a massive difference when it comes to costs as they are substantially cheaper. An added benefit is the fact that you don’t have to put down a down-payment before deployment and can scale up based on your requirements.
2. Easy implementation
An on-premise ERP system takes considerable time to get deployed and implemented. The magnitude of such systems’ size doesn’t allow vendors to deploy them quickly. The required customizations and user training consume an immense amount of time. Comparatively, a Cloud ERP doesn’t have to be ‘deployed’ like an on-premise ERP. On the contrary, Cloud ERP systems are ‘activated’ rather than ‘deployed.’ As they are based on Cloud technology, they don’t require costly infrastructure such as servers etc. which are part and parcel of an on-premise ERP.
3. Security
The security of Cloud based ERP systems is handled by the service provider. In other words, you won’t have to worry about server security and access. While it’s true that some organizations prefer to have the servers located within their premises, for the majority of businesses, this often becomes a nuisance. This is why; businesses are opting for Cloud based ERP solutions.
4. Accessibility
The security of Cloud based ERP systems is handled by the service provider. In other words, you won’t have to worry about server security and access. While it’s true that some organizations prefer to have the servers located within their premises, for the majority of businesses, this often becomes a nuisance. This is why; businesses are opting for Cloud based ERP solutions.
Cloud ERP systems are highly viable for organizations that focus on real-time analysis, integration and real-time response.
5. Flexibility, scalability and speed
The combination of flexibility, scalability and speed make Cloud ERP systems more ideal for business establishments of modern times. With a Cloud ERP system, users can access and feed data from literally any internet-enabled device. Data sharing becomes easier and duplication can be avoided.
Businesses can use Cloud ERP systems to scale up or scale down their business operations. Regardless of the speed with which you scale up, these solutions can march with your business and won’t tie your feet. The fact that no additional hardware is required for scaling up means that you don’t have to worry about additional costs.
Again, it all depends on what kind of business you are in, the challenges you are facing and the route you want to take to overcome them. However, with business establishments across all industries moving towards Cloud, perhaps it’s time for you too to seriously consider it.
(Focus Softnet is a trusted provider of Cloud based ERP solutions with an experience of over 30 years. It has successfully implemented tax-compliant business solutions in 18 countries across the globe. If you are unsure which solution would suit your business needs, you can always opt for a free consultation with our experts. Just click here, fill your details and we would connect with you.)
