We often talk about the difference between an ERP on the Cloud or on your company’s network and quite frankly, I often have the impression that we lose sight of the countless advantages of choosing the Cloud.
Although implementing an ERP on your network may be more suitable for some companies, you should know that opting for the Cloud sometimes doubles the benefits of resource management software.
And if you still don’t know the benefits of adopting an ERP in your company, don’t panic. Because we have prepared a two-part article that first tackles the benefits of an ERP in your company and then, by addressing the reasons that make the choice of the Cloud so interesting compared to the network.
So, here are 6 reasons why adopt enterprise resource planning (ERP) software and 5 advantages that make the cloud such a coveted solution.
First, why adopt an ERP in your company?
Before we even dwell on the reasons that make cloud ERP so interesting for companies, it’s important to understand how an ERP can have a positive impact on organizations.
As it is integrated software that offers complete solutions that adapt to the unique processes of your company, its needs and goals, it must be said that an ERP starts early with a small advantage. In all honesty, he is like an ally who supports you at all stages of your day and that of your employees.
So, we gathered 4 main reasons why an ERP is the ultimate tool for all companies that want to remain competitive, productive and profitable.
The advantages of an ERP: the optimization of management processes
In business, it is necessary to constantly search, validate, exchange and cross-check information related to finance, production, inventory and even the customer account. And it must be said, few of our employees have time to waste searching through cards in search of the exact data and validating it with his colleague before returning to his document or project to complete his task. Do you have cold sweats.
This is why an ERP can help you find under the same database all the information of your management processes and help you facilitate the economic and financial flow of your company and optimize them. Thus, an ERP will help you visualize at once when an order will be delivered without having to estimate the delivery time of raw materials and search to find the customer’s file.
The advantages of an ERP: the integrity and uniqueness of the information system
Thus, by bringing all your processes together under the same interface, you facilitate the visualization of information. Indeed, everything is accessible in one click and everything you are looking for is effectively found in a few seconds.
An ERP allows you to gather your information under an integrated and unique system that reduces the number of errors, but also facilitates communication with both your customers and your other colleagues.
Since the information is in one place, it’s easier to find the right data across all the files, share relevant analysis, build reports in collaboration with other team members, and even quickly answer pressing customer service questions.
The advantages of an ERP: the consistency and homogeneity of information
Obviously, with an integrated and centralized information system, it goes without saying that the risk of duplication and errors is drastically reduced. It is that an ERP works to keep your data in a uniform and consistent way to allow you to save as much time as possible and facilitate your processes.
And that’s not to mention the fact that your ERP will protect you from many mistakes when it comes to security and information privacy standards by centralizing sensitive data in a single place where duplicates, copies, tampering and even access are controlled through a secure identification system.
The advantages of an ERP: an aid to productivity
This means that your ERP is a real ally for your productivity thanks to its centralized database, but that it offers you much more to support you in your daily work:
- Automation of certain redundant tasks (invoicing, sales, reports, etc.);
- Enabling environment for collaboration;
- Global vision of processes;
- Automation of inventory and procurement;
- Analysis of good practices through trade report information;
- Faster customer service And more.
ERP, therefore, makes it possible to automate part of your processes and facilitate others in order to free your employees from heavy, redundant, or even unnecessary tasks. By having a workforce ready to dedicate their time to tasks crucial to your advancement while the software takes over for the rest, it’s really easier to achieve your production goals and exceed your expectations.
5 reasons to opt for an ERP on the Cloud
With the arrival of Microsoft Dynamics 365 Business Central, we really hope to have the opportunity to talk more frequently about the value of having an ERP hosted on the Cloud rather than on site.
Because we’ll never say it again: a cloud ERP has a ton of benefits for you and your company. In addition to offering you a powerful tool that will integrate all your information and processes in one place, a cloud ERP allows you to enjoy a host of additional benefits. Here’s why we believe hosting your solution in the cloud can make all the difference.
The #1 advantage of adopting an ERP on the Cloud: improve your performance
It must be said, an ERP is a heavy solution that takes up a lot of space in an IT infrastructure. If you host it on-premises, chances are you’ll need to add hardware to keep your network running smoothly.
By freeing your servers and infrastructure from the weight of such complex and cumbersome software, the advantage of adopting an ERP on the Cloud is to allow your computing power and resources to have much more ease to work. In this way, they will be much more effective.
The n°2 advantage of adopting an ERP on the Cloud: ensuring the security of your information
I know for a fact that for many companies, the Cloud is a solution that frightens and raises certain questions about the security of their data. But if you choose wisely, the cloud can actually be an ally to double the security surrounding your data.
Some clouds have tight data security and privacy regulations that meet very high certifications and standards like ISO 270001 or FEDRAMP. As a result, they allow you to back up your data to the cloud hassle-free, even if you have to work under tight constraints and meet complex regulations.
In addition, some Clouds even go so far as to offer you modules that will allow you to monitor the state of your system and ensure its security over time. So it must be said that in addition to having access to very high-security settings within your ERP, the Cloud gives you the advantage of doubling the security surrounding the information that is saved and exchanged in your software.
The #3 advantage of adopting an ERP on the Cloud: saving money
You should know that with the Cloud, you only pay for what you use. No need to buy physical hardware, improve your IT infrastructure from the start, or even get heavy and expensive systems to support your ERP, the cloud takes care of everything with state-of-the-art technologies offered with flexible pricing.
Erp on the Cloud therefore offers you the advantage of eliminating all this from your budget to make way for a formula better adapted to your needs and capabilities.
The #4 advantage of adopting an ERP on the Cloud: a solution that adapts to your growth
Without the physical infrastructure to improve or manage, it’s much easier for your company to have a system that keeps up with it. With the Cloud, all you have to do is make a phone call to your ERP partner or integrator to change plans and increase or reduce your storage needs.
No need to plan for expansion with the imposing cost that an IT infrastructure update could entail, the Cloud can adapt quickly and simply to you. And it’s the same for seasonal businesses that experience quieter periods: it’s possible with the cloud to reduce the financial burden on your system when revenues are lower.
This means that a Cloud ERP has the advantage of really following you where you want to go, without much hassle.
The #5 advantage of adopting an ERP on the Cloud: a mobile application
This title is not to be understood in the sense that it is the new application to download on your cellphone, but rather because the Cloud allows you to have access to your ERP anywhere and at any time, and, regardless of the device.
It allows you to have teams in the field that work with your ERP or gives you the opportunity to work more easily remotely during your travels and meetings with your customers.
The Cloud, therefore, gives you the advantage of having an ERP that travels as well with you and your team, and that extends its power of action outside the walls of your company. Awesome, right?
Thus, with an ERP on the Cloud, it is a bit like having the advantage of combining the best of what technology has to offer you to create a secure, adaptable, and powerful solution for your company. In addition to helping you stay within your budget, a cloud ERP offers security, peace of mind, efficiency and it allows you to have a tool that follows your growth and evolution.
So many essential points, which will allow you to choose an ERP software and limit as much as possible errors of course. Need help with your ERP software implementation? Talk to one of our experts.