Cloud based system among companies are prevalent today. Businesses uses ERP systems to automate, integrate, and digitize their processes. Inhouse EPR systems have many issues; consequently, business is migrating to cloud solutions. Here are the main reasons why you should consider cloud-based ERP.
The key reason why you should consider cloud-based ERP is because of increased performance. Remember if you are using in-house ERP, you will have to do installation and continuous maintenance. Incorrect setup and maintenance of the ERP will subsequently lead to poor performance. For the cloud-based solutions, you are guaranteed that maintenance is done at the right time. This will ensure that your company benefit from maximum performance.
There will be significant reductions in the operating cost in the company. Expenses associated with an in-house ERP solutions are the purchase of the software, permit, and hardware to supports it. Additionally, you will have to hire qualified people to come and install the software in your premises. For most of the SME, they will struggle to handle these costs. However, when you opt for a cloud-based application, you are only required to pay the monthly service fee to the cloud host. It will thus be cheap to implement the system in your company. In the situation you implement cloud-based ERP correctly, there is no doubt that expenses in your company will decrease.
Moreover, a cloud-based solution is going to boost the data security. Remember that the ERP system is going to help in the management of the process in your business such as procurement, supply chain management, accounting, project management, and risk management. You need to secure the data from unauthorized users within your company and any intruders. However, if you migrate your environment to the cloud, you are assured of safety because the provider put in measures that protect your data. You are going to have control on the person who is going to access the data in the cloud.
By using cloud solutions, you will get 24/7 support. For any problem that you have, the provider will provide fast solutions. Your ERP system will be easily hacked if it is obsolete. Your hosting service provider has a team of experts that make sure that your system is up to date.
The most popularly used ERP to simplify business processes is Microsoft Dynamic GP cloud. With the modern cloud technology, you should migrate your existing Dynamics GP environment straight to the cloud. Isolutions is the best provider of Microsoft Dynamics GP cloud hosting services.