Top 10 benefits Cloud ERP

Top 10 benefits cloud ERP

Traditional ERP projects increase costs, take a long time to implement, and require larger and more specialized IT professionals

Cloud Based ERP
Cloud Based ERP

Top 10 benefits Cloud ERP — With the emergence of a secure clouds, moving to a new ERP solution is not as high-risk an event as it once was. There are some critical benefits that make a cloud based ERP a solution that should be looked at:

  1. Vendor packages are available that create an architecture that is easily customized, modified and maintained.
  2. Metrics can be defined up front which can be the road map for communication of the benefits and costs of the ERP solution.
  3. The staffing requirements for scores of ERP specialists is significantly reduced and there is less risk that staff attrition could cause a delay in the implementation and deployment processes.
  4. A cloud based solution eliminates the need for most of the on-site data center resources and is more cost effective (typically at least 30% less expensive than on-premise)
  5. There is much less of a requirement to “re-invent” the wheel and much less of likelihood that the ERP efforts will go down a non-productive path.
  6. Development and and implement cycles are reduced. As a result deployment is quicker, value of the precised benefits are received more quickly, and the organization faces significantly less risk.
  7. With the cloud the ERP is more easily sized for both features and number of users supported and costs can be aligned with company’s ROI objectives.
  8. Business continuity objectives are more easily managed as part of the core design of the ERP.
  9. New technologies and equipment is more easily supported as a well managed vendor based solution provides the ability for the vendor to support new technologies and devices as they hit the market.
  10. Better security and operations than companies can otherwise afford (monitoring and meeting the SLA requirements for response time, continuous backups, redundancy, SSAE 16, PCI certifications, etc.).

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Author: Victor Janulaitis

M. Victor Janulaitis is the CEO of Janco Associates. He has taught at the USC Graduate School of Business, been a guest lecturer at the UCLA’s Anderson School of Business, a Graduate School at Harvard University, and several other universities in various programs.