Professional ERP workstyle Development:

Cloud ERP: An adaptable & flexible option for Medium – Sized businesses

THE MARKET SHIFT TOWARDS SAAS

Medium–Sized businesses have become open a exploring business application deployment models other than on-premises software, in particular software –as – a – service applications.

On-premises ERP

Market Force

Cloud ERP

EVERYTHING ELSE IN YOUR BUSINESS RUNS IN THE CLOUD

Cloud application adoption is outstripping that of on-premises alternatives in some categories of business software, such as customer relationship management (CRM) and elements of human capital management (HCM), notably talent management.

EXPECT CLOUD ERP TO BE

ACCESSIBLE – Open up and improve knowledge sharing and decision making with Cloud ERP
MOBILE – Cloud ERP connects with any device that has an internet connection and web browser.
FLEXIBLE – Provide flexibility in data location and switching between deployment options with Cloud ERP
CUSTOMIZABLE – Take advantage of Cloud ERP’s customizable reporting and workflow.
LOW COST – Lower overall IT costs and free up IT resources to work on more important tasks by setting your business up with Cloud ERP

MEDIUM–SIZED BUSINESSES WANT CLOUD ERP TO:

52% Lower their overall costs
41% Open up and improve business access
33% Be accessible from any browser
23% Be accessible from any device

BENEFITS OF CLOUD ERP

The No.1 requirement that medium – sized businesses would like the software to address is to improve their reporting and business intelligence (BI) capability from within the ERP application. Firms want to be able to easily customize reports, and BI is not the only area where companies are keen to be able to tailor cloud ERP and benefit from its flexibility.

No vendor lock-in
Lower total cost and flat-fee pricing
Bank-level security and privacy
Integrates with other applications
High application performance
Free up IT resources

TRADITIONAL

Per User Licensing
Slow Installation and deployment
New features require installation
Higher IT Costs
Not mobile

CLOUD ERP

Unlimited user licensing
Fast setup and install
Continuous addition of new capabilities
Lower IT Costs
Mobile

CONCERNS WITH CLOUD ERP

One misconception that medium-sized businesses have is that cloud ERP necessarily charges on a per user basis. There are alternatives to this pricing model, such as paying a flat fee for unlimited users, which can have a large positive return on investment (ROI)

Can I integrate with other applications?
Will I be able to move my data in and out?
Will I be able to run custom reports?
Is it secure?

WHAT SHOULD BUSINESSES LOOK FOR IN CLOUD ERP?

31% Support for strong customizable reporting and business intelligence
13% The ability to support strong workflow
15% The ability to use HTML that provides a rich user experience
8% The ability to access a strong ERP application ecosystem
15% The ability to support role-based security
8% The ability to run websites within cloud ERP software for e-commerce
4% The ability to support document management
6% The ability to use cloud ERP vendor’s deployment platform

Cloud ERP is designed to address many specific issues medium-sized businesses are endeavoring to deal with as they struggle to use software that is either insufficient or too overwhelming for their current and future business needs. Medium–sized firms also have the ability to choose from deployment and pricing models and scale up (or scale back) their cloud ERP usage as their businesses respond to internal and external change.