A Cloud ERP solution is an enterprise resource planning (ERP) solution that is hosted on an outside cloud computing infrastructure, eliminating the need for antiquated on-premise servers. Specifically, your software is located in highly secure data center that features an array of physical and network safeguards to protect sensitive business data. Once implemented, organizations can expect to benefit from reduced costs, improved productivity and operational efficiencies, and significant time savings.
With just an internet connection, Cloud ERP easily provides real-time data from a range of different business functions and improves visibility into operational performance. Cloud ERP covers all core functions of accounting and inventory, delivering a complete, robust suite covering all aspects of business management including:
Once your ERP selection has been completed, it’s time to evaluate how the solution should be deployed. What has been working for your growing organization today may not work for you tomorrow. Here are a few considerations to account for when deciding between on-premise and Cloud ERP deployments:
If you already have the servers and infrastructure necessary, along with staff to support maintenance and updates, then an on-premise deployment may make the most sense for you initially. However, you owe it to yourself to evaluate the total cost picture over a five-year period, when equipment needs to be replaced, operating systems refreshed, and salary costs have been extended.
By deploying a Cloud ERP system, your business will not be limited by memory or storage space of on-premise local servers, which need regular maintenance and upgrades. Cloud ERP offers scalability of ERP resources needed, since you’re only paying for what is used. If you have a seasonal business, or the number of users will change for other reasons, you will have the flexibility of scaling up or down as required.
Once your ERP solution is deployed, whether it is on-premise or in the cloud, you will still need IT capabilities to manage your local area network and equipment, and insure connectivity to the internet, provide anti-virus protection and more. Typically, these resources can be outsourced.
A business with inadequate internet speeds will want to strongly consider an on-premise deployment to avoid connectivity issues. Since Cloud ERP is not on-premise, an adequate internet connection is vital to gaining real-time business information and access to all your ERP applications.
If your company has multiple offices that need to share the ERP system, or if you have many workers operating from remote or home offices, your infrastructure needs become more critical. A high-speed internet connection is a must…and while most internet services advertise high download speeds, the upload speed is typically much lower and a higher upload speed is very expensive. Upload speed from the server is the limiting factor in performance of an ERP system, which is not a limitation from a Cloud Service provider.
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