Cloud ERP: Should you take the plunge?
Cloud ERP is here to stay. Here’s why it’s the right move.
As technology progresses over time, people slowly but surely adopt the changes it brings, and cloud technology is no exception. What used to be a startling concept is becoming more and more commonplace — you’d be hard-pressed these days to find someone who isn’t at least familiar with the idea of doing business in the cloud. Cloud technology has exploded in popularity in the last few years, and for good reason. Advocates of cloud tech often cite its security, affordability, and flexibility, but there’s much more to it than that. Let’s jump in and review some of the reasons you should make the move to cloud ERP.
On-premise systems are costly to implement and often require dedicated technical resources and hardware. Not so with the cloud. Cloud ERP is fairly easy to implement, and it doesn’t have the high entry-point price of the on-prem solutions. When you consider the physical space needed for local data storage, the administrative costs associated with creating the physical storage, and the overhead cost of purchasing materials, cloud ERP starts to look much more appealing.
It’s safe and secure.
We’ve covered this before, so we won’t go into great detail, but it’s worth mentioning again. Most cloud services use more complex security methods than a typical workstation can provide, making your cloud-stored data more secure than anything stored locally. There’s also data that suggest the focus on security is only going to increase.
By switching to cloud ERP, you’re able to easily change how much service you’re paying for to match what you need at any given time. Cloud service providers typically offer incremental pricing plans, allowing your system to shrink or grow with your organization over time. With on-premises hardware, it’s much tougher to scale up or down. Imagine trying to quickly increase the number of file cabinets, on-site servers, and printers in your workspace. It’s not going to be quick, easy, or affordable. Luckily, cloud ERP is all of those things.
Before everyone had instant internet access, it made more sense to go with a strong localized ERP.
Enter your smartphone. You don’t find too many people maintaining a Rolodex anymore, because the world has gone mobile. There’s a computer in your pocket, so you might as well use it to conduct business. Capitalizing on the mobility of the cloud is a must for remote employees and makes quick check-ins a breeze. There’s no point heading to the office on Saturday when you can get everything you need right at home.
Social media, shopping, sharing photos…all of this is done in the cloud. While we’ve been busy sharing, liking, and texting, using the cloud has become the norm. Like other cloud-based applications, cloud ERP is designed to be easy to use. Contrast this with the click-heavy operations of on-premise ERP, and it’s easy to see why people take to using the cloud so quickly.
If your cloud-based ERP system doesn’t offer a healthy list of useful integrations, that’s a big sign that it might be time to re-evaluate your ERP setup. Cloud software is flexible by design, evolving, and able to scale with your business. Because integrations can elevate a software’s overall performance so well, they are a central part of cloud software’s inherent advantage.
Available integrations are a crucial element to consider when you’re evaluating which ERP solution is best for you. Opting for a solution that doesn’t provide you with integration options to enhance your ERP’s performance will inhibit your company’s potential for growth.
It’s a business booster.
As a result of switching to cloud-based ERP, you’ll be able to streamline key areas of operation. Software updates are automatically rolled out in the cloud, so your system is always up to date and boosting productivity. Since it’s hosted remotely and you don’t have to worry about all the upkeep, you’ll be able to spend your time and energy on improving business performance.
Cloud ERP makes sense.
Cloud ERP solutions are gradually overtaking on-premises ERP systems, and after reviewing a few of the benefits, it’s easy to see why. While an on-premises ERP solution might be working for now, it’s likely to become a bottleneck as companies compete in today’s rapidly changing marketplace. By proactively making the switch to cloud, you’ll be one step ahead of the competition.
If you’re interested in learning more about SalesPad’s cloud-based ERP solution, reach out to your sales rep! We’d love to hear from you.