HomeCloud ComputingBenefits Of Having An ERP In The Cloud For Your Company

Benefits Of Having An ERP In The Cloud For Your Company

ERP in cloud: The market, as a whole, is becoming increasingly competitive, and for your company to have a prominent place and product quality, it is necessary to take care of management.

For this, nothing better than using a modern system that meets all your needs, and an ERP in the cloud is a solution to be considered.

Yes, traditional ERP has changed and evolved. In addition to the basic features of an ERP, such as the integration of sectors, the traditional ERP gained new functionalities. It made the day-to-day managers much more effective. 

What Is A Cloud ERP Anyway?

For those who are not yet familiar with the term, ERP is an abbreviation for Enterprise Resource Planning and is nothing more than a business system capable of integrating all the information and sectors of your company. As it centralizes all data in a single software, it optimizes its processes, making management more agile.

Currently, you can find management systems on the market with local or cloud installation. While- premises ERP requires a basic IT infrastructure in your company to install and maintain the tool, ERP in the cloud uses cloud computing technology. Here the information is stored on an online server, requiring less effort for installation and maintenance.

How Does It Work?

As the information of an ERP in the cloud is stored online, it is normal for many people to distrust it. However, this solution is the most modern and secure on the market and the only one that allows access to information from anywhere and in real-time.

To end once and for all with the insecurities regarding this technology, how about understanding how it works in detail?

This tool is composed of three main parts that operate in an integrated way, allowing access and use of all functionalities.

  • Application: It is through it that the employees of your company, or users of the system, enter the data that the system will use in the operations and that, later, will be visualized by the manager;
  • Database: a place where data is stored for future use, whether for a quick search, report viewing, or some automation;
  • Framework: It is nothing more than a layer that allows the system’s adaptation, or customization, to meet and deliver the best results for all types of business.

What Benefits Does A Cloud ERP Bring To My Business?

Using an ERP system in the cloud can benefit you and your business. We list the five main advantages below; check it out!

1 – Security

Keeping your company data safe and confidential is critical, and we know it. When we talk about a cloud system, all security is guaranteed by the contracted provider. ERP in the cloud is the most secure today. Therefore, there is no need to invest time and money in cyber-attack updates and policies.

However, when the installation is done locally, you and your IT infrastructure are responsible for creating security protocols, which require more significant investments to protect data since losses or intrusions can bring problems to your company.

In addition, backups are performed automatically, and you don’t have to worry about achieving them. Did you need to retrieve any information? Just contact the service provider.

2 – Mobility

Accessing your company data anytime and anywhere is essential today, especially after the coronavirus pandemic. This situation showed us the importance of having modern technology and tools.

In addition, it is the ideal solution for any setback or commitment outside the physical work environment, allowing you to access data entirely from anywhere and at any time, just by having a stable internet connection.

3 – Cost Reduction

Yes, it is possible to reduce costs by implementing online software, which is why many businesses migrate to cloud management systems. In addition to being much easier to implement, it does not require IT structure, internal servers, and periodic maintenance.

Still, using a web business management system, other costs can be reduced due to the tool’s efficiency. This is because, with well-organized reports, printed materials, for example, become expendable.

4 – More Precise Controls

As we have already discussed in this article, ERP is software that allows the centralization and integration of your company’s data. However, with an ERP with cloud storage, you have real-time access to all information, which provides complete reports and just a few clicks. Soon, you will be able to make more proactive decisions for your company.

5 – Greater Productivity

Using an online management tool with so many possibilities ends up making your routine much more agile. In addition, all company departments will work in a much more integrated way, improving internal communication and reducing errors and rework. Thus, as a consequence, productivity and the economy tend to increase.

Also Read: Five Best Practices For Securing Data In The Cloud

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