When you choose new ERP software for your business, one of the most important factors in your decision will be if you choose On-Premise ERP or cloud deployment.
Cloud-based ERP systems have become very common in business solutions. Cloud-based ERP solutions now provide an incredible range of opportunities and benefits for large and small organizations.
On-premise ERP software exists at a physical location on a company’s own computer and servers. The company maintains complete supervision over the ERP software and the data.
Cloud ERP Solution
Unlike on-premises systems, cloud ERP software works on cloud provider servers and companies can access the software via the internet.
Why Move to Cloud ERP Solution
On-premises systems require companies to maintain the servers and other hardware within their own data center. As a result, businesses without a large or entrenched IT workforce may struggle to maintain on-premise systems.
Cloud ERP solutions offer a more efficient approach, enabling companies to leverage massive computing power. So that business can become more agile with cloud-based ERP systems, which are adaptable and scalable.
Advantages of Cloud Based ERP Software
1. Cost transparency
Initial costs to implement cloud-based ERP software are much lower than on-site systems, and ongoing costs may be lower.
2. Easy and fast Implementation
Cloud-based ERP systems are much easier and faster to set up.
A business can normally get up and run quickly on a cloud-based ERP system as it does not require additional requirement for network hardware or internal IT resources.
3. Security Enhancements
One of the greatest benefits of cloud ERP is the superior security.
With cloud ERP, you never need to worry about data being hacked by a third party, because the system tracks all activities and completely encrypts your data.
4. Improved Productivity
Once you have fully implemented cloud-based ERP, the productivity of your business is set to increase tenfold.