What is Cloud-Based ERP?
Curious about what cloud-based ERP is? The benefits are huge — gone are the expensive and risky investments in clunky software, local servers, and IT staff.
Business growth is a cause for celebration. But as a small to medium business (SMB) owner, you will experience growing pains along with the wins. Whether your business is expanding through new locations, additional warehouses, new products and services, eCommerce, or more staff, suddenly there aren't enough hours in the day to get it all done.
One of the most common challenges growing businesses face is hitting a wall with entry-level software. Small business accounting apps can't support meaningful growth, streamline operations, or provide real-time data to help you make smart decisions. Spreadsheets became the dreaded solution that led to finger-cramping data manipulation, expensive errors, and stale data. And without integration with your other critical business applications, you're entering identical information in multiple places.
If your business growth outpaces your software, take a closer look at cloud-based ERP.
What is ERP?
ERP is an abbreviation for enterprise resource planning. An ERP solution brings every aspect of your business — including finance, human resources, customer relationship management (CRM), procurement, projects, and supply chain — together under one platform. ERP solutions allow you to share information across all business departments and with your vendors and customers. From the workers in your warehouse to the executive team, ERP solutions provide complete visibility into your operations by centralizing your database into one location.
What is Cloud-Based ERP?
Even though the cloud may seem abstract, you use it every day when you search on Google or order from Amazon. Cloud ERP is an ERP solution that runs in a cloud data center that can be accessed via the internet by any user with permission. Some ERP solutions give customers a choice of system deployment: 100% cloud-hosted or hybrid cloud, which is partly cloud-hosted and partly on-premises.
Is the cloud safe?
Yes. There hasn't been a major cloud infrastructure breach publicly reported since 2010. The cloud provider's protection rivals that of the world's largest enterprise data centers. Recent studies prove security is one of the main reasons to move to the cloud.
What are the Benefits of CLOUD-Based ERP?
The cloud changes everything — gone are expensive and risky investments in clunky software, on-premises servers, and IT staff. With the right cloud-based ERP solution, all you need is an internet connection and a web browser. Cloud technology creates more agile and cost-effective operational functions by minimizing the need for hardware and storage and providing processes that are more scalable and easily automated. The cloud also gives you secure access to your data anytime, anywhere, on any device.
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What are Examples of Affordable Cloud-Based ERP Solutions?
SAP Business One is an affordable, easy-to-use cloud-based ERP solution for fast-growing businesses. Running Business One in the cloud empowers your employees to work and collaborate anytime, anywhere. Every aspect of SAP Business One adapts to the devices your team uses. Targeted applications simplify and streamline tasks such as time and expense reporting, project management, and analytics. Powerful reporting provides real-time information so you can make fast, confident decisions about the future of your business.
SAP Business One easily adapts to the way you do business — not the other way around. And as your business grows, Business One grows with you through various solution extensions. SAP Business One is quick and easy to implement, and its automatic updates don't disrupt your operations, leaving you free to focus on strategy, innovation, and growth. And because application programming interfaces (APIs) make it easy to integrate SAP Business One with your other business applications, you save hours by eliminating repetitive data entry.