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Benefits Of Cloud ERP
Benefits Of Cloud ERP
Cloud ERP brings a new way for organizations to manage their operations better, streamline their processes and take care of their accounting. Cloud based ERP promises SMEs to transform the way they work. For SMEs, ERP takes off the challenge of server and storage space while buying traditional ERP software, thus reducing cost and at the same time the concerns related to integration.A renowned research firm predicts an increasing adoption of ERP public cloud applications in the next five to ten years. It forecasts that this will lead to the disruption of the traditional ERP deployments.
The most interesting benefit of cloud-based ERP software is that it makes it easy for companies to share unified information across multiple departments. A cloud based ERP integrates multiple business functions to one system, leading to a better enterprise with the consistency in the information shared across all departments.
Benefits of Cloud ERP
There are many features of a cloud-based ERP which leads to a host of benefits for end-users. Businesses do not need to set up a dedicated infrastructure; these results in significant IT cost savings that would be otherwise spent servicing and maintaining the infrastructure. In addition, a cloud-based ERP model provides high scalability for businesses, especially the SMBs who are often cash-strapped. Companies using the on-premise spend a considerable amount on acquiring the equipment and the expertise needed by their IT team to understand the sophistication of an ERP software when it is upgraded.Businesses which make transition from legacy ERP systems to cloud-based systems gain benefits of a larger number of functionalities and personalization features, without sacrificing on cost. The advantage of universal accessibility of data—anytime and anywhere, irrespective of the device used—makes cloud deployment of ERP vastly popular with enterprises. This lends enhanced visibility of crucial business functions. Small businesses looking for agility find the cloud deployment of ERP very helpful since they do not need to spend on costly on-premise software. In essence, the end-customers move from maintenance mode to innovation mode. To corroborate the trend, companies in many global markets currently witness a major cycle of legacy ERP replacement with that of cloud-based ERP.
Read: ERP Software for Supply Chain Management
Here is a list of few more benefits that Cloud ERP provides –
- Quick Implementations – Through Cloud ERP the biggest benefit SMEs get is faster implementation and zero downtime for upgrades. An on-premise implementation takes more time, more IT effort, and more management of the entire process. The challenges related to on-premise ERP deployments at times prevent business from upgrading to new features to avoid downtime, etc. With cloud ERP this is a piece of cake as a quick deployment can be done with zero downtime.
- Better ERP Performance – With cloud-based ERP solutions accessing ERP is easier and quicker. All business need is a steady internet connection which helps them access the cloud ERP from anywhere, at anytime. The performance that the SMBs get throughout is far better than the traditional ERP software.
- Increased Security – Cloud ERP solutions offer enhanced security to make sure your important data is secure with multiple layers of encryption. There are still organizations who believe cloud isn’t secure which complete is a myth.
- Continued Support – Mostly cloud ERP providers offer a round the clock support and hence issues get fixed quickly, if any. Apart from this regular updates as per the industry is part of the benefits, so that you don’t have to worry about meeting any new tax norms, etc.
Pitfalls in implementing a cloud-based ERP
With myriad benefits of automation, standardization, and autonomy that businesses gain by implementing cloud-based ERP, the rate of its implementation should be expectedly high. However, the rate of its adoption has not caught up with enterprises with the same pace as that of on-premise.The way forward…
In spite of these constraints, the scenario is encouraging for ERP cloud providers. Over time, cloud deployment models for ERP will matured to a level that will enable them to overcome these challenges. Companies prefer a hybrid cloud strategy in which they combine private, public, and even on-premise ERP to find best-fit solution; the best fit cloud ERP solution is one which takes technology out of decision making.Get Started with Deskera
Benefits of cloud business software
- Productivity
- Implementation
- Mobility
- Scalability
- Security
What our Customers Say About Us
Whatever your business
size, Deskera enables you to
simplify operations across
business functions. Here's
what our customers say
about us.
At GoDo, we understand that managing our finances and customer relationships is essential for our success. Deskera has provided us with an easy to use and intuitive platform that has enabled us to access our financial data, track customer relationships, and manage our finances with ease. We have been able to streamline our processes, better manage our finances, and stay on top of our customer relationships. We highly recommend Deskera to any business that is looking to stay organized and efficient.
Wesley Wright
CEO, GoDo Life
We are extremely pleased with our decision to switch to Deskera and have seen a significant improvement in our business operations since making the switch. The sales process was smooth from start to finish and customer support at every step of the implementation was stellar. Highly recommend Deskera to those looking for a great ERP solution.
Wally Mears
CEO, The Jungle
We implemented Deskera's integrated platform to improve our procurement and inventory management processes to streamline our operations and improve efficiencies. I highly recommend their platform to any company looking to accelerate their growth.
Scott Phetsalod
Laboratory Manager