5 Reasons Why You Should Put Your Business Head in the ERP Cloud
Forrester’s 2016 Global Business Technographics Survey reports that more than 70 percent of decision-makers in organizations cite improved business agility and faster deployment as their primary reasons for moving to cloud-based Enterprise Resource Planning (ERP). And it’s looking like this trend is set to continue as more businesses realize the benefits of this technology. Here are five reasons why you should seriously consider moving to the cloud.
1. Increased Flexibility
Cloud ERP gives you more flexibility over what features you want and how long you want to use them because you only pay for what you use. This allows your business to scale up or down depending on its requirements at any given time.
2. A Secure System
After some of the recent IT security breaches, firms are now under greater pressure to prevent situations like this from happening in the future. Some organizations are reluctant to use the cloud because they are concerned that their business data could be compromised, and they think that they have more control over security measures on-site. This isn’t necessarily true.
In the manufacturing industry, for instance, cloud ERP supports in-stream packet scanning, multilayer firewall testing, continuous application vulnerability and unparalleled facility security. There is no need to install one security server at a time because security in the cloud is applied to all customers simultaneously, making it the more secure option.
What’s more, security in the cloud is generally better at detecting and managing potential security threats than IT teams because in-house IT resources are often stretched, and sometimes cyberthreats occur on a daily basis. With cloud-based ERP, your IT team can focus on help desk requests and user needs.
3. Deployment Speed
On-premise ERP systems do come with many benefits, but not when it comes to system upgrades. This process often proves to be time-consuming because all of your previous customizations are wiped out during the upgrade, meaning you have to start customizing from scratch. But with cloud ERP, this isn’t the case. System upgrades are a cinch because they are built on your previous customizations, enabling you to enjoy the latest enhancements without all the hassle.
4. Smooth System Upgrades
Usually, ERP deployment takes months and months of careful planning and preparation, but this is not the case with cloud ERP. Since there is no need for additional hardware to be installed on-site, the process is much quicker. Cloud ERP can be rolled out across multiple regions, divisions and subsidiaries without the cost normally associated with such a large-scale project. And it can be done within three to six months, which is impressive, given that it would usually take around a year to implement.
5. A Cost-Effective Approach
Cloud-based ERP is a cost-effective solution because you simply choose the software package that meets your requirements, then you access it through your internet connection. What’s more, the cloud ERP provider hosts and maintains all the IT framework for you, so you won’t need a dedicated ERP team on-site. This enables you to spend more time and money on helping your business grow in a competitive market.
Cloud ERP solutions give enterprises more freedom to experience the benefits of integrated business processes without the need for hardware systems on-site.