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FAQ About Cloud ERP For Small Companies

CHAPTER 3

What Are The Benefits Of Cloud ERP?

 

1. Cost-effective

A small business doesn’t have the budget for pricey software and hardware that isn’t performing well. Cloud ERP prices are more manageable than their on-premise counterpart because they offer the option of monthly subscriptions. Because ERP costs tend to be lower up front, a small business’s budget isn’t as stretched to accommodate the change as it might otherwise be.

2. Remote access

The software makes resources and functions visible. This versatility means that searching for data is streamlined and straightforward. Therefore, users can check inventory management systems and levels with just a few mouse clicks and from everywhere by just having an internet connection. Manual processes are automated, saving money and time, also.

3. Communication and collaboration

It offers an almost limitless functionality for teams; connects areas and departments. Built with a user-friendly interface, most people with the necessary computing skills will find that their learning curve is minimal. Intuitive menus make the ability to disperse data easy, for example.

4. Data security

Protecting their customers’ sensitive information is even more critical to small and midsized businesses. They typically don’t have the extra resources to absorb the fallout that results from such a mistake.

A cloud-based ERP has security measures already layered into its operations for this purpose. Besides, the software and hardware are continually updated, so a small business doesn’t need to deviate resources to staying on top of this vital function.

5. Easy migration

Today’s ERP vendors are aware that many small businesses have on-site or existing data systems that need to be migrated to the ERP or integrated into some fashion. Usually, their software team has experience in assisting companies with deciding which of their existing systems should be integrated with the ERP and phased out in favor of more effective solutions.

6. Access to Cutting-Edge Technology

On-premise solutions put the burden of maintenance and operations squarely on the business itself. Choosing a cloud ERP provides a small business with all the advantages of state-of-the-art technology without the headaches and costs of having to stay on top of it.

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