Should Your Company Use a Cloud-Based ERP System
When you first decide to shop around for an enterprise resource planning (ERP) solution, you might be surprised with just how many products are available to you. Newcomers to the technology, especially those who hail from small and medium-sized enterprises (SMEs), are often overwhelmed by ERP choice fatigue. On top of having to choose between ERPs based on brand and type, clients must also decide whether it’s best to buy a traditional on-premise ERP or a newer solution like a cloud ERP. In this situation, which one should you pick, and how exactly will it benefit your business?
This article makes the case for investing in a cloud-based ERP due to attributes like its flexibility, affordability, and security benefits. Here’s a briefer on what distinguishes cloud ERPs from their traditional counterparts, plus what you stand to gain from working with a reputable cloud ERP vendor like ANSI Information Systems.
Why Are Cloud ERPs the Better Choice?
ERPs are already a mainstay for industries like retail, manufacturing, food, logistics, and hospitality. More often than not for today’s SMEs, the question of migrating from manual methods of business management to full-fledged ERP systems is not a matter of “if,” but of “when.” But the ERP must also consider an SME’s budget, its size, and the management style of its leaders. For that reason, while traditional on-premise ERPs may be a good choice for large corporations, they are not practical choices for most growing businesses. SMEs can especially benefit from the way that investing in cloud ERP comes in staggered monthly payments and can help ease the costs in implementing it into their current system.
If you’re still getting used to digitalizing your business and you need an ERP solution that’s adaptable, cost-effective, and efficient all at the same time, then you can’t go wrong with cloud ERPs. As the term implies, cloud ERPs can be operated outside of business premises just so long as the authorized users have access to the internet. Cloud ERP is also capable of consolidating large volumes of business data in real time, making it easy for companies to be uniformly up to date with key business aspects like accounting, financial management, project management, and human resources (HR), among others.
With cloud ERP, you’ll enjoy versatility, a high degree of automation, a 360-degree view of your business, and full control over your business data without the huge price tag and constraints that typically come with a traditional on-premise ERP. This makes it the superior choice for where you currently are in your business.
6 Reasons for Your Company to Use a Cloud-Based ERP System
To further illustrate the advantages of using a cloud ERP system, below are six things you can expect to happen once you onboard a solution of your own:
1. Huge Cost Savings for Your Company
Within the first month or two of using your new cloud ERP, you may notice how much money you’ve saved your company due to sheer business efficiency. You’ll no longer be as troubled by costs like overtime, errors from manual mistakes, or penalties for failing to submit financial reports on time.
2. Better Integration Across Business Tools and Technologies
Modern-day cloud ERPs are also built to be compatible with a wide variety of business tools and technologies. You’ll probably have an easier time integrating your business data and procedures with a cloud ERP than with a bulky and demanding on-premise ERP, and as a result, you and your staff will be able to work smarter with your tech repertoire.
3. Greater Flexibility and Customization Over Your ERP
Cloud ERPs also enable a lot of flexibility and customization compared to traditional ERPs. The best solutions will allow you to add or subtract modules as desired, ensuring that you get the tech features that you need and that you don’t spend unnecessarily on features you won’t use and simply turn on or off as needed. Cloud ERPs can also adapt based on the scalability of your business, as you can easily upsize or downsize your server based on current demands.
4. Improved User Experience Among Your Staff
Though any new technology will require you and your staff to follow a learning curve, today’s cloud ERPs are known for their straightforwardness and user-friendliness. Soon enough, integrating a cloud ERP into your workflow will be like second nature for you and your team.
5. Enhanced Safety Against Security Threats
Most cloud ERPs on the market come with advanced security features, which you’ll need for protecting your business assets. There’s no telling when a malware attack or security breach will happen, so it’s best to upgrade to a cloud ERP solution and benefit from its security enforcement as soon as possible.
6. Better Disaster Recovery in Case of Adverse Events
Lastly, the consolidated nature of a cloud ERP and its dependence on web servers make it an excellent solution for data backup and recovery. If your business is hit by a natural or man-made disaster, you won’t be scrambling to get your data back. That means that it’ll also be easier for you and your team to get back on track after a business interruption.
Work with ANSI Information Systems in Launching Your New Cloud-Based ERP
Your experience with a cloud ERP will be even better when you entrust its implementation to a skilled and reliable ERP vendor. If your business is based in the Philippines, ANSI Information Systems should be your number-one choice of tech partner. Contact ANSI today to learn more about the cloud ERPs in our portfolio and schedule a free demo with our staff.
