You’ve done your research, reviewed RFP responses, calculated and confirmed ROI, and have settled on a new ERP solution that is perfectly suited to meet your organization’s unique requirements – congratulations! The last decision you now have to make is between an on-site or cloud deployment. While there are advantages and disadvantages to both approaches, we believe that, without a doubt, an ERP solution performs better overall in the cloud.
Don’t believe us? Here’s why:
Management Is Handled For You
Your IT team is one of your biggest assets. But when they have to spend their days on the maintenance, updates, and repairs that your on-site ERP system requires, their time is not well spent. When your solution resides in the cloud, all of these routine tasks are handled for you by a dedicated team of off-site experts that ensure you always have the strongest, fastest, and most up-to-date version of the system to use. Plus, it frees up your IT team to work on more productive projects.
Scalability Is Instantaneous and Infinite
The reason you’re putting tools like ERP finance in place is because you want your organization to grow. But when it does, the version of the system that you relied on initially may no longer be suited to your expanded requirements. With an on-site system there is a time and labor intensive process needed to scale your capabilities upward. And depending on certain factors, your growth may be limited. With a cloud-based ERP implementation you can move to a larger, more capable system immediately, affordably, and without limits.
Security Is Prioritized
Since an ERP solution is basically a repository for all of your organization’s data, the security of the system is a paramount concern. Data security is a challenge no matter where the data resides, but it’s much harder when your in-house team is solely responsible for maintenance, monitoring, and response. Your level of protection doubles when you use a cloud-based solution because both your in-house team and your cloud provider are focused on the security of the system. It’s not a guarantee against attack or breaches, but it is a welcomed safeguard.
Implementation Is Fast and Flexible
Given the scope of even a modest ERP system, implementation can sometimes be a tricky challenge. If you have a limited or inexperienced IT team, implementation can sometimes take months! But when you choose a cloud ERP, the service provider helps you to plan, customize and implement your system. These consultants have years of experience combined with expert knowledge of the ERP in question, and as a result, the implementation is faster and the final product is stronger.
These are the benefits that relate to performance, but a cloud ERP can also save you money, offer you more features, and give you the ability to upgrade or scale quickly and easily.
Want to see our ERP solution in action? Request your free demo of our software and we'll show you how our integrated Finance, HR and Payroll solution works the way you do and offers flexible and robust capabilities to help your organization increase transparency, save time and money, and reduce risk.