Are you running a business? Then, you will be aware of the importance of planning, management and utilization of resources for running it successfully. Right resources should be allocated in the right areas. This led to the origin of Enterprise Resource Planning System. Accounting, manufacturing, shipping, HR etc. can be managed using this ERP. Since the ERP system has an impact on manufacturing operations, the business will be responsive to the requirements of customers.
Now, let's discuss the technology to run it. We can run it on-premises or in the cloud. Traditionally it was run on the company's premises i.e., it can be installed on the company server. On-premise ERP has a lot of challenges. A dedicated IT team should be there to maintain it and requires an additional operating cost. Hardware maintenance and upgrades should be done frequently. Because of these challenges, small as well as growing enterprises can't use the on-premise ERP system and many companies begin to use the cloud.
Cloud ERP is a type of ERP software which is hosted on a cloud computing platform. Cloud based ERP system is consist of all the necessary ERP modules. In cloud ERP, the software system as well as the database will be on the vendor's server and it can be accessed from a remote desktop. So that it allows companies to access data in real time. This ERP is suitable for small, medium and large scale enterprises.
What are the benefits of adopting Cloud ERP?
Following are the benefits of using Cloud based ERP software -
⦁ It is easy to implement
⦁ Cost effective
⦁ Easy to integrate
⦁ Ensure data privacy
⦁ Faster and scalable solutions
⦁ Can access data from anywhere
⦁ Easy to use
⦁ Highly agile
⦁ Useful to scale business productivity
As you all know, selecting a suitable ERP system is really important for the growth of the business. While compared to on-premises ERP, cloud based ERP software is ideal for the growth of the business. So it will be better to choose Cloud ERP like iCresp.