As the demand for businesses to operate smarter, faster and with more flexibility grows, more and more businesses are turning to Cloud ERP solutions to fulfil their needs and remain competitive.
Cloud ERP software brings together all your needs in one place. Financial management, inventory, sales, purchasing and more, all tailored to your business processes. Everything you need to manage your business, securely in one place.
Below are 8 reasons why Cloud ERP should be our next step if your business has outgrown its small out-of-the-box accounting software.
1. Accessible anywhere
The accessibility cloud provides is second to none and forward-thinking businesses view the cloud as an opportunity to increase productivity, flexibility and agility. Cloud-based services can be securely accessed from almost any device, anywhere at any time. This provides the ability to access vital reports and data and make sound business decisions no matter where you are – at home, at the airport.
2. Easily Scalable
Cloud ERP’s are designed to grow with your business, allowing you to add new features or users without the hassle of maintaining or replacing on-premise hardware. The cloud offers a long-term solutions as your business needs change.
3. Automatic Upgrades and Bug fixes
As time and technology move on, using up-to-date software is crucial to your success. With cloud ERP, upgrades happen automatically, usually within your monthly subscription. This means you’re always getting the full benefit of the platform.
4. Less downtime and faster data recovery
Good cloud software is backed by a team and processes dedicated to keeping it up and running. It will often have far more built-in redundancy and consistent backups than most on-site servers. That means you avoid catastrophic loss of data, significantly reduce downtime and get back up and running if disaster strikes.
5. Improved security
Cloud ERP data centres are hosted and maintained by the best-of-the-best, in world class hosting environments whose sole purpose is to ensure your data is easily accessible, fast and secure. These data centres back-up and store your data in multiple places to make sure nothing gets lost. Unless you have a dedicated team of IT experts protecting your system, the cloud is most likely the more secure option.
6. Faster systems
While some high-performance servers can deliver exceptional speed, most businesses can’t afford to regularly update and maintain such equipment. It means cloud systems are the better option and far faster to use.
7. No costly equipment
On-premise ERP solutions require costs associated with building, maintaining and securing your data centre. With a cloud ERP all your data is stored in the cloud, therefore there are no disruptive or expensive servers to manage, reducing your IT overheads. Additionally, cloud ERP software is usually provided on a monthly subscription. The lower initial investment means that businesses can benefit from the essential insights and functionality of an ERP system without paying in full upfront.
8. Flexible working
Rather than being tied to the office, cloud hosting lets your team access your ERP system from any internet-connected device. As flexible working becomes the norm, this has become mission-critical functionality.
Whether you’re looking to get more mobile or support your fast growth, moving to cloud business management software could be your next step. You’ll find it significantly reduces your upfront and ongoing costs compared with on-premise systems, while improving access, scalability, security and speed.
Think cloud ERP might be right for your business? Get in touch to learn more about our cloud ERP solutions.