10 May Why you should consider moving your ERP to the cloud?
Why are so many businesses moving to the cloud? It’s because cloud computing increases efficiency, helps improve cash flow and offers many more benefits.
For companies considering their first cloud migration, there are a lot of factors that you’ll want to take into account, from the benefits and the risks, to the cloud service model and type that is right for your business.
Enterprise resource planning (ERP), a software tool to optimize business process management, allows organizations to use an integrated system to manage and automate many business functions. By employing cloud computing platforms, a company can take its ERP to the next level and provide a more flexible and scalable management solution.
Acumatica is the fastest-growing provider of Cloud ERP software for small- and mid-sized businesses, built on the world’s best cloud and mobile technology.
If your organization hasn’t yet tapped into the power of the cloud, here are the principal benefits of cloud computing that are worth considering.
A decrease in operational costs
In-house ERP software requires hardware and the human resources to maintain it. This, in addition to licenses and the ERP software itself, will likely increase the IT budget significantly. The implementation costs are also considerably lower, thus reducing overall operational costs substantially.
All of the costs we typically associate with system upgrades go out the window when dealing with a cloud ERP.
Cyber security measures are centralized and flexible for stratified permissions controls.
The cloud offers secure gateways for remote access, document management systems that prevent the download of sensitive data, and on-site archival of sensitive information to avoid it falling into the wrong hands.
The improved security and reduced cost might force you to shift from ERP to cloud-based ERPs now.
Integration With Everything
You’ll find that cloud services often have integrations with other services, saving you tons of money when the need arises to tie systems together.
In tradition ERP system, there is always a risk of losing data completely. The Cloud ERP removes this problem as ERP clouds have redundancy which means the data is placed in two places so if it is lost from one position then we have data at another place.