Benefits of a Cloud Based ERP Solution
Wednesday, May 15, 2019Eric Zegarski
Here Are The Benefits of a Cloud-Based ERP System
On premises or cloud based? That is the question everyone needs to ask themselves when implementing an ERP solution or switching providers. An on-premise ERP solution would require you to set everything up on your own servers, set up a security system and have your IT department manage it. If you’re already lost, don’t worry, a cloud-based solution will help you avoid these headaches. We examined both type of ERP hosting methods, and a cloud-based solution is a clear winner for today’s digital age. Let’s look at the benefits of having a cloud-based ERP.
Lower Cost of Ownership
A cloud-based ERP system has a lower cost of implementation and ownership. You do not need to acquire new hardware and spend time and money to set it up. Therefore, a cloud-based ERP solution has a lower startup cost. In addition, in the long run you save more by eliminating the need for additional security and regularly scheduled maintenance. The ERP provider handles all the upgrades ensuring your ERP is running its most advanced version.
Security
The benefit of running a cloud-based ERP is that there are no additional costs of running separate security systems. If you yourself are a small to medium sized enterprise, then this is ideal for you. Furthermore, you might feel that you will find yourself at the mercy of your ERP’s provider for security. However, companies like Microsoft and NetSuite have entire teams dedicated to ensuring that their systems are safe, secure and reliable.
Maintenance and Customization
A cloud ERP solution handles the updates itself. The publisher is responsible for rolling out updates. This ensures that your ERP is updated and running the latest version as soon as it’s available. These updates have also been fully vetted for bugs and errors. Therefore, they should not affect the uptime of your ERP system. With a on premises ERP, any customizations you made would have to be upgraded when a new version of your ERP is published. If you’re running a cloud-based ERP, any previously implemented customizations will carry forward when an update is launched.
Implementation
A cloud solution takes less time to implement, since there are no additional hardware requirements on your end. In addition, you gain access to your ERP provider’s support team. This ensures that you get timely updates along the way and everything is quality tested before the implementation is turned on. A cloud ERP implementation from start to finish usually takes around 3 months. In contrast, an on premises ERP execution can take upwards of 12 months.
Supercharge Your ERP With a Cloud Based Integration
eBridge Connections' iPaaS (integration platform as a service) solution is also cloud based. Our integration platform is hosted on Microsoft Azure. This means we can guarantee an 99.9% uptime and the world’s best security via Microsoft. In addition, this ensures that any platform updates we roll out are automatically applied to your integration if applicable. Furthermore, we are a universal solution, so we can work with almost every
ERP,
eCommerce solution, and retail
EDI trading partner.