Nowadays everyone is very much reliant on cloud based services. But the question is, do you even know what goes inside the making of it and how it functions? Where is all your information getting stored? Your ERP is the mechanism behind this. What is a Cloud ERP? See Its Benefits.
If you are looking for a good Cloud or SAP ERP Vendor in Singapore, you should consider Hitachi ICT Solutions. They are an experienced vendor in the SAP market and have a team of experienced staff ready to assist your ERP needs. Check their site out today.
Read this article by Jullian Hufford to find out what a cloud ERP is and how you can maintain it.
What is a Cloud ERP?
Let’s start with what the cloud is.
The cloud is a network of servers that store data. Each server has its own function. Some servers run applications, or “deliver a service”, while others just simply store data. The main benefit of the cloud is that can be accessed remotely through the internet. So, you can access an application or stored data from any computer that has an internet connection. Read more here
Therefore it means that the Enterprise Resource Planning system is provided on a kind of a server which is accessible by any web browser. So instead of using any app or program, you can directly access it. The difference between the cloud and on-premise ERP is that most people know the latter. It is installed locally after which you have to take care of it and manage it on your own. Using cloud gives you freedom in terms of access to servers.
Some of the benefits it has to offer include upfront cost. Since cloud ERPs normally need lesser upfront investment, consumption is quicker. You don’t have to buy the software or any other interrelated service, you will only have to be responsible for your purchased software.
For using cloud ERPs, you just need internet accessible computers. For maintaining the infrastructure, the ERP vendor is responsible. Another huge benefit is the accessibility. Moreover, you get software updates which are simple and quick. On-premise updates can have you turn off your existing systems completely and re-installing the software. Read this article by Financial Force to find out the benefits it has to offer.
What are the benefits of Cloud ERP?
Cloud ERP solutions are more accessible and more mobile than their traditional on-premises counterparts. Companies can upload and access data in real-time via the cloud, from any device with an Internet connection, allowing for greater collaboration among departments. Cloud ERP software also has the benefit of being hosted on one platform. Read more here
Having all of your business applications like the CRM and accounting system on the similar cloud platform lets you to unify your systems of meeting with the record system. So rather than having all of your company’s small and big office applications in individual systems, you can easily have a single cloud platform which would allow interaction between your apps and let them share a central database. Along with this you also get real-time reporting while reaping the benefits of a single user interface. Read this article below by Acumatica to find out if you need to update it.
Does Cloud ERP need to be updated?
Cloud-based computing (also called Software as a Service, or SaaS) allows users access to software applications that run on shared computing resources (for example, processing power, memory, and disk storage) via the Internet. These computing resources are maintained in remote data centers dedicated to hosting various applications on multiple platforms. Read more here
It is very different from traditional ERP software. The cloud ERP clients get the updates for the software as soon as they are out. This one is also very changeable and you can easily alter it to suit the needs of your business. This is a software service which lets the consumers have the right of access of the ERP software using the Internet. This ERP software has a lesser upfront cost as the computing resources are rented by the month rather than bought off right away and you don’t have to maintain them on premises. This ERP also provides access to companies for their critical business operations from any real time location.
To conclude, even though the only real difference between Cloud ERP and on-premises ERP is that one of these softwares’ has a physical location while the other one is intangible. The cloud is also especially valuable to small and medium-size businesses as they offer full time access and fully functional appliances at an affordable rate. It goes without saying that their service calls for expenditure in terms of the hardware bought. By using the correct cloud provider, a company can quickly increase their business outcome as their business expands.