Imagine a system that can do anything from accounting to inventory tracking, from managing human resources to managing your business processes. That's the power of cloud-based ERP software.
Cloud-based ERP software is a system of enterprise resource planning software and tools that are managed offsite in the cloud. At the same time, it's important to understand the basics of cloud computing so you can make an informed decision about whether it's the right ERP solution for you and your organization. There are hundreds of concepts and terms that relate to cloud-based enterprise resource planning, but here are 3 worth understanding now—before you decide to invest in cloud ERP for your business: 1. Cloud-based ERP Cloud ERP in India are hosted by the vendor in the cloud. There's no need to buy servers or a team of IT professionals to constantly update and secure your software. Cloud solutions scale to address your growing business needs and operate with top security. You can also rely on cloud solutions to keep your data secure and to host it offsite. 2. On-premises ERP - On-premises ERP is an older style of ERP solution where software is installed on a company's own physical hardware and managed in house. Because they require significant management, on-premises ERPs often come with high up-front costs and IT maintenance. 3. SaaS ERP - Software as a Service (SaaS) ERP is a type of cloud-based ERP software that includes hosting services as well as software features. SaaS solutions allow you to access your applications from any location over the internet, without having to invest in new hardware or IT infrastructure. Running your business requires you to manage multiple operations. These operations include accounting, supply chain management, distribution, inventory management and point-of-sale (POS) systems. Managing all these aspects of your business can be complex. In a separate system, each one is more difficult to change if something doesn't work the way it should. A cloud ERP system manages many tasks in one place. Managing multiple operations becomes easier with a solution like this because you have everything in one place for real-time access and administration. You can also choose specific elements of your business that you need to focus on at any point in time. Contact us today to learn more about how to "right-size" your business and cut costs with a cloud-based ERP solution - without ever needing additional software licenses or servers!
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