Cloud-based ERP software – 4 key benefits

There are numerous benefits to using ERP software in the cloud: you can access data anytime, anywhere, reduce purchase and maintenance costs, ensure your data is always protected, and benefit from automatic software updates.

An ERP system has become almost essential for businesses of all sizes—whether small, medium, or large enterprises. Managing various business processes becomes more efficient, faster, and simpler with ERP systems.

First, let’s establish a key point: choosing the right ERP system isn’t like buying a pair of shoes. It’s a strategic decision that needs to be carefully considered by your company.

Should you go with an on-premises or cloud-based ERP? What’s the best option?

It depends. There are several factors to consider.
Many companies have benefited greatly from choosing a cloud-based ERP, significantly reducing IT infrastructure costs. For a small or medium-sized business or a startup, this economic aspect can be a game-changer.
Cloud also supports a new way of working, making mobility and remote work easier than ever.

However, if your business is in a remote location with unreliable internet, a cloud-based ERP might not be the best fit.

If your business is large and requires numerous customizations tailored to your specific needs, an on-premises solution might be more suitable.

Generally speaking, a cloud-based ERP is the ideal solution if you meet any of the following criteria:

• You cannot or don’t want to bear the upfront costs of implementing an on-premises solution (hardware, software, qualified personnel, maintenance).
• You need to constantly monitor business data, even when you’re away from the office, using your laptop.
• You want to delegate the responsibility for data security, so you don’t have to worry about antivirus software and constantly updating firewalls.

Here are 4 advantages that only a cloud-based solution can provide:

1. Access Data Anytime, Anywhere

One major benefit of cloud-based ERP is the ability to access, monitor, and work on your business data from any location, at any time. Business process management is no longer limited to an office computer—it goes wherever you go.

All you need is an internet connection. This feature alone marks a significant shift in how work is approached compared to traditional models. Mobility is a crucial factor for many businesses today, and remote working is continuously on the rise. Having a system that allows you to monitor your data while traveling or working from home can make a huge difference.

2. Reduce Purchase and Maintenance Costs

Cloud-based ERP solutions offer considerable savings in terms of purchasing and maintenance costs. Compared to on-premises solutions, which require substantial upfront investments in powerful hardware, assistance, and qualified technicians, cloud solutions offload all of these responsibilities to the cloud service provider. In other words, by opting for a cloud-based solution, you won’t have to worry about compatibility issues between your system and the ERP software.

Even if you’re using older computers, you won’t need to upgrade. Plus, there’s no need for an expensive server to connect multiple computers in your network—cloud eliminates that need. You’ll also save on technical staff costs, as maintenance and troubleshooting are managed by the cloud service provider.

3. Data Always Protected

Data security is a critical consideration when choosing an ERP system. Despite the increasing adoption of cloud computing solutions, many businesses are still hesitant due to concerns about privacy and security. Let’s dispel some myths: data security in the cloud is typically higher than on-premises data storage. Most cloud providers take security seriously, continuously monitoring and implementing multi-layered security systems to protect customer data.

Additionally, daily backups are made, ensuring data is protected from accidental deletion or loss. With on-premises solutions, the responsibility for ensuring data security lies entirely with the company, which may not always be reassuring.

4. Automatic Software Updates

ERP software, like all software, needs periodic updates. With on-premises software, you’ll need to purchase the new version, install it, and integrate it with your existing system. With a cloud-based ERP, this hassle is avoided. The software automatically updates itself without you having to worry about it.

In conclusion, choosing a cloud-based ERP could be the solution you’ve been looking for.

Are you curious to see the actual benefits of a cloud solution for your business?

Fluentis offers a free 15-day trial during which you can explore the solution independently, with constant support from the Fluentis team whenever you need it.

Start your free trial now!