Innovation is the cornerstone of success and moving faster to meet the varied demands of the consumers. The faster your organization innovates, the chances are brighter and strong. However, traditional ERP system often is cumbersome and rigid to keep pace to the dynamic demands of the business. That’s why Cloud ERP comes into the foray and is preferred by companies all over for its multifarious benefits. While Cloud ERP offers benefits that of on-premise; it also offers various functionalities like huge cost savings, flexibility, security, and high performance.
This blog will give you a quick runover of Cloud ERP benefits.
- Reduce the need for extra licenses
There’s no need to invest in extra software licenses when you can have a time-tested software that does everything for you.. The cloud ERP solution reduces the need for any additional hardware or data servers. This helps to bring down the cost substantially.
- Auto upgrades
Any good cloud ERP solution will send auto alert notifications of any upcoming upgrades. These upgrades are done on the client’s server. Also, an experienced ERP partner usually conducts these upgrades and backups almost during weekends or non-functional working hours, thus saving those precious hours and keeping the system up-to-date and ready with all innovation.
- Less downtime
A perfect Cloud ERP partner ensures the least possible server downtime. This ensures less confusion and any discrepancy while migrating it to the cloud.
- Data is kept secure
Data entered in the ERP software are safely restored in the Cloud. It can further be recovered easily in the event of any misfortune or event. A good Cloud solution consultant knows all the security protocols and ensures all the safety measures are taken in order to protect the sensitive data. Alongside, employees have access to relevant information anywhere and any time they want. So, all this keep your data extremely secure and easy to access with all safety protocols.
- Disaster recovery
Your cloud solution provider can make viable arrangements for disaster recovery. This way your valuable data is restored properly and you need not have to worry about your data being lost.
- Pay-as-you-go subscription
Cloud ERP solutions generally have the option of a pay-as-you-use model that bring substantial savings. The implementation costs are considerably lower, thus reducing overall operational costs. A true pay-as-you-use model based on the usage per hour is highly lucrative and attractive for SMEs segment.
Now it is easy to access software from any time and anywhere. You can keep a tab on inventory, supply chain, track lot traceability, production, track raw materials and do so much more with SAP Mobile option. It also helps you to access data in a real-time via the cloud added convenience and flexibility.
- Swift implementation
Typically, cloud-based systems take much less time to implement than an on-premise solution. Any department can receive and share information seamlessly so that everyone can remain on the same page and reports can be accessed swiftly.
The benefits mentioned above make SAP Business One Cloud an integral part of SMEs. So, which benefit appeals to you the most? Do share in the comments.