Benefits of Cloud ERP for Growing SMBs

Benefits of Cloud ERP for Growing SMBs

What are your long term business goals? Is it to be profitable as a business? Or create an enjoyable working environment for your company? Whatever you are looking to achieve, utilizing Cloud ERP software will help you reach these goals faster and more cost-effectively than ever before.

Cloud ERP is an approach to enterprise resource planning that makes use of internet platforms and services, such as virtual machines, digital storage, and other applications, to provide organizations with more flexibility in their business processes. As society turns more toward digital technology, deploying business applications in the cloud will be more relevant with an increasingly connected network of devices and the Internet of Things (IOT).

There are several benefits to using Cloud ERP Solutions such as:

1. Utilizing mobile devices. Because Cloud ERP systems are all web-based applications, you can use Apple and Android devices, on top of the desktop platforms, to make it easier for your team to access the software. As a result, businesses are able to make faster, more-informed decisions on the go since they have access to critical business functions such as P&L reports, open orders, and cash flow.

2. Storing data and resources into a cloud instead of individual devices. By having information in a cloud instead of siloed on devices, managing information and securing information becomes a much more efficient task. Within a cloud, there are multiple categories of storage you can use to organize data to your own preference. In addition, there are encryption locks, redundant back-ups and security intelligence firewalls that work to protect your data 24/7 so you don’t have to worry about exposing or losing critical information.

3. Flexibility. Cloud ERP software can accommodate a large number of users at a lower cost, which is great news for SMB’s that are growing their businesses through new hires. Furthermore, there are no extra costs for infrastructure such as hardware or expensive servers. Implementation costs are generally lower and quicker because the application is deployed via the web avoiding a lengthy installation process. Thus, cloud software can be implemented in a much shorter time frame than other traditional systems depending on the complexity of your existing processes.

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