Whether to go for on-premise or cloud-based ERP, there are significant factors to be considered before you invest in ERP. These factors are just like folding an origami plane. And the best part is you get to take this plane wherever you go!
In this journey, cloud-based enterprise resource planning software makes your business process more flexible and business transaction easier. While the ERP deployment method does not affect the functionalities, it does affect in getting extra benefits coming along cloud-based ERP. Let us see how a cloud-based ERP can improve the business.
The first way in which a cloud-based ERP helps is that it eases the resource management process. The change in business size often requires new solutions reflection increased functional requirements of the business. With SaaS-based ERP, there is no need to buy all that expensive hardware to host your data like you would with an on-premise system.
With the easy implementation of cloud-based ERP, comes the benefit of increased productivity. The ERP can be used at any time on almost any device with an Internet connection, a benefit that leads to greater collaboration. Cloud ERP can scale up and down as per your business needs. This is helpful as so you don’t have to re-implement every time something changes.
Next thing comes is the security that keeps the ERP system secure though you have moved your data to the cloud. Owing to the advanced security concerns that cloud providers can perform, security control problems can be reduced by using cloud ERP.
In cloud-based ERP, system upgrades and enhancements are easy to implement for future versions. Not only cloud-based ERP provide better performance and greater accessibility, but a better security as well.