Cloud ERP: key reasons to invest now

Cloud ERP: key reasons to invest now

Cloud ERP solutions are becoming increasingly dominant when compared to on-prem alternatives for manufacturers.

It is already true that the cloud application market is worth over 150 billion dollars, with up to 200zb of data expected to be stored on the cloud worldwide by the 2025.

Despite this, some businesses are holding on to their previous systems either due to perceived convenience or a delay in prioritising the transition.

Here we take you through some of the key benefits of Cloud ERP so you can communicate the strengths of a new system to decision makers within your business.

Allow IT staff to focus on the tasks that matter

A common criticism of IT departments is that they spend too much time putting out fires and not enough on strategic activities that add value to the business.

With cloud ERP you can free up IT time and allow staff to be more proactive. This is because many routine tasks can be offloaded to your cloud supplier, meaning updates, system errors and basic training can be handled elsewhere.

Instead, IT staff can focus on adopting new business technologies that help you stay ahead of the competition.

Improve security and protect data

Hackers and scammers are becoming more sophisticated and it is only right that the systems you use have the ability to fight off online attackers.

Cloud ERP relies less on long passwords than it does virtual security, frequent, automated patching, testing and verification.

Now your business is secure 24/7, rather than merely when an IT expert is on-site.

Taking a more holistic approach to your security gives you added peace of mind that your data is safe.

Cloud ERP makes innovation easier

One issue with on-prem solutions is that you are locked in with the limitations of your on-site hardware.

In order to enhance your software capabilities, you would have to invest in additional storage, pay more to run inefficient servers and spend time and money on maintenance.

Now Cloud ERP solutions allow you to deploy routine updates with little to no disruption to your operations – meanwhile major updates are announced well in advance and with the collected expertise of your ERP supplier behind them.

Business continuity is secured with sandbox environments to take the risk out of software changes and the need for time-consuming project management is removed from your list of responsibilities.

Cloud ERP facilitates remote work and collaboration

It doesn’t take a genius to see that methods of working have changed since the COVID-19 pandemic.

Modes of working have increasingly diversified in recent years, and it is now necessary to offer access to workers working from home or on the go.

Even staff who work on-site will need to remain connected via mobile devices as they move around the site.

Cloud ERP has the considerable advantage of connecting workers, vendors and customers via accurate, real-time data that can be integrated across every area of the business.

The possibilities for growth are endless. Unchain your workers from their desks, move away from spreadsheets and towards a single source of truth that can be accessed from anywhere and at any time and is automatically updated.

Did you find this useful? Speak to a CBO expert on the benefits of bringing cloud ERP to your business here.