Cloud ERP is growing rapidly in popularity and it offers many benefits that can help take your business to the next level. Here are five key ways that Cloud based ERP could improve things for your company.
Arguably the single most important benefit of switching to a Cloud based system is the flexibility it provides. Working exclusively from your office immediately becomes a thing of the past. You are no longer chained to your desk as you will now have the ability to access your business data wherever and whenever providing you have an internet connection. This is particularly useful for businesses with mobile sales teams or multiple locations.
Aside from the physical and geographical flexibility provided, Cloud computing also allows you to access data from a variety of devices. Smart phones, tablets and laptops are all potentially viable options as work stations providing there’s an internet connection available. The days of staring at the same desktop computer screen in the office are gone.
While many people agonise about the safety of their sensitive information being ‘up there in the Cloud’, it’s actually much more secure than keeping all of your data on premise. Providers of Cloud invest heavily to implement strict security processes, likely far more than most businesses would on their own.
From a practical point of view, using the Cloud also eliminates the threat of hardware that carries vital information breaking or being lost. Instead, regular backups of your information are saved in a secure place.
3. Regular Back-Ups
Consistent, routine back-ups of your data are another large benefit of Cloud computing. A system failure or an error is no longer the catastrophe that it used to be, as a result. Not only can you sleep easier at night safe in the knowledge that all your data is being kept up to date by someone else, it also eliminates the need for a staff member to run these back-ups leaving your workforce to focus on more important matters.
4. Cash-flow benefits and Overall Savings
Adopting the Cloud eradicates the need to fork out large sums of money up front for hardware and software as it is most paid for on a subscription plan. Software running on the Cloud is also highly scalable and can be tailored to your needs as you go. Finally, and perhaps most crucially, the Cloud removes the requirement of in-house servers which can save huge amounts of money and maintenance costs.
5. Simple Updates
As servers are off-premise and out of the way, your Cloud providers will be taking care of them for you which means that when regular software updates roll around it will be them working on the system, relieving you of the need to waste your time maintaining it yourself. Instead of waiting for upgrade downloads to finish you can spend your time more productively.