Cloud based systems are becoming popular among companies. A large percentage of business are considering using an ERP system to integrate, digitize, and automate their process. For many years, business have been using inhouse ERP but because of several drawbacks, they are migrating their systems to the cloud. Here are the main reasons why you should consider cloud-based ERP.
The key reason why you should consider cloud-based ERP is because of increased performance. Set up and continuous maintenance are things that you will have to accomplish if you are using an inhouse ERP. If you execute these two tasks wrongly, the performance in your organisation is going to suffer. The cloud-based service provider is going to ensure that your system is maintained at the right time. This will ensure that your company benefit from maximum performance.
There will be significant reductions in the operating cost in the company. Expenses associated with an in-house ERP solutions are the purchase of the software, permit, and hardware to supports it. Moreover, you will have to hire qualified people to come and install the program. For most of the SME, they will struggle to handle these costs. However, when you opt for a cloud-based application, you are only required to pay the monthly service fee to the cloud host. Consequently, it will be inexpensive to implement the system in your company. If you apply a cloud-based ERP correctly, there is no doubt that you are going to realize a significant reduction in the operating cost.
Increased ERP security is another benefit of considering cloud-based solutions. Remember that the ERP system is going to help in the management of the process in your business such as procurement, supply chain management, accounting, project management, and risk management. All these processes have confidential information; you will, therefore, need to ensure that unauthorized people do not get access to it. A hosting service provider is going to implement security measures that are going to ensure that all your information is protected around the clock. In additions, clients are a provided with tools to trace those people who are accessing the process’s data.
You shall be provided with around the clock support by the cloud host. If you are experiencing an issue, it will be an easy task for you to solve it. If you are using an outdated version of ERP, it is vulnerable from the attack of the hackers. However, the cloud provider will make an effort to make sure that your cloud solutions are up to date.
One of the most commonly used ERP is Microsoft Dynamic GP Cloud. Because of the above benefits, you should consider migrating your current Dynamics GP environment to the cloud. Isolutions is the best provider of Microsoft Dynamics GP cloud hosting services.