What is Cloud erp? 5 advantages for your company

Cloud ERP is a business management software designed to run on a cloud platform instead of a local network, accessible from anywhere with Internet access.

For an ERP system to be optimal, it is advisable that it is accessible to all employees and customers. A service such as cloud ERP fulfills this ease of access since only with a browser connection all the available information will be available.

Types of Cloud ERP

There are several types of Cloud ERP according to their functionality:
  • Multi-tenant SaaS: The same software for several companies, it is the same servers without access between one and another company.
  • Single-tenant SaaS: A single ERP software that has a single infrastructure associated with one organization or company.
  • Public Cloud ERP: Several organizations share cloud services, without sharing data or applications. They are inaccessible to each other.
  • ERP Private Cloud: Unique service for a single organization or company.
  • Hybrid ERP: Combines local software with data in the private cloud or a public cloud for computing, storage and services.
What is the difference between on-premises ERP software and cloud ERP?

An on-premises ERP software is handled internally within a company by an external provider. The company contracts the necessary software platform, servers and data. This entails additional costs, depending on the errors to be solved, customizations that each company needs, updates, security, antivirus applications or additional modules etc. ....

A cloud ERP is hosted and managed by an external provider that provides all the service in the cloud.

The provider is responsible for the entire application, data storage, systems, servers, infrastructure .....

The functions of a cloud erp are usually faster, although you also have to invest a small budget and time in planning and configuration.

5 Benefits of Cloud ERP

Cloud ERP Costs

One of the most characteristic advantages of using a cloud-based ERP is the cost reduction.

A cloud ERP has 30% less cost than a local ERP, thanks to the cloud ERP provider that has its own servers avoiding costs in IT staff, technicians and security internally by the company.

Speed of implementation

The implementation of a local ERP within a company can be a tedious and complicated process, thanks to a cloud ERP this process is accelerated because it is a system already installed in the cloud therefore only

One of the biggest hurdles of any new ERP solution is the implementation time. Typically, a company can get up and running faster on a cloud ERP system because it does not require selecting and configuring hardware or hiring and training IT staff.

Real-time access to everything

Since all the information is in the cloud ERP system, you can have access to it at any time, having all the data you need for all your business processes at your fingertips in real time.

Development and growth of cloud ERP

Normally a local ERP is managed starting with a basic functionality, and then add functionality as the project develops or the needs of the company, the disadvantage of these additional functions usually lead to a cost as a supplement.

In the case of cloud servers, one of the main benefits is that it is a service that accommodates the needs of the company and adapts to the different stages of growth in which it is.

Automatic updates and security

Cloud ERP providers generally manage all upgrades continuously and automatically, keeping up to date with business needs.

Upgrading on-premise ERP software is more time-consuming and may even involve hiring or hassle for the process.