How Cloud ERP Software Can Add Value to Your Business
A Cloud ERP software can definitely add game changing value to your business.
The cloud model for ERP deployment is fast gaining popularity amongst leading SMBs. A Cloud ERP Software solution offers the benefit of lower investment requirements. It also has the flexibility to have access to it anytime and anywhere. Adopting a cloud based ERP could be the game changer for any business no matter how small.
Traditionally, ERP systems were sold as an on-premise model. They were run on the client’s IT equipment and client servers for storage. The cost structure for them was too prohibitive for an SMB. However, this has changed with the advent of the Cloud ERP. A cloud ERP is a SaaS (Software-as-a-Service) solution that offers a high level of functionality comparable to legacy ERP solutions.
Some of the key benefits of adopting a Cloud ERP
Infrastructure and support is the responsibility of the solution vendor.
You are freed of the investment burden of buying and maintaining new IT assets.
Some incentives for adopting a Cloud ERP for Small Business are better real time monitoring of business processes, problem solving, inventory reduction, lower operational costs, better compliance etc.
In a cloud ERP, the license fees are paid in a flexible manner based on a lease based model. You do not need to pay heavily to acquire the license exclusively. They can be provided for in an SMB’s budget without impacting profits in a big way.
Scaling up the number of individual users is easier in most cloud ERP solutions with affordable up scaling payment models. On premise systems take a substantial time to be up and running while a cloud ERP can be up and running in a few hours’ time.
The benefits that you can expect are:
- Waste elimination especially in process flows and in entering and accessing data
- Real time data driven decision making across business functions that is optimal in terms of the actual situation on the ground
- Higher levels of productivity
- Identification of contingencies before they occur
- Easier, transparent and accurate reporting of business data with easy customization of reporting
We at VersAccounts offer a one stop cloud ERP solution that integrates all business functions with top of the line features.
2018 Stevie Gold-American Business Awards, Silver in 2017 Best in Biz Awards, 5/5 Capterra User Rating, etc- demonstrates our continuous improvement.
We will help you in a structured manner to migrate your data seamlessly from QuickBooks, Microsoft Dynamics, MYOB, Sage, SAP Business One, Epicor, Infor, etc when you make the decision.
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