Cloud based system among companies are prevalent today. The main reasons why companies are considering using an ERP system is to automate, integrate, and digitize their activities. For many years, business have been using inhouse ERP but because of several drawbacks, they are migrating their systems to the cloud. Ahead are benefits of 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 guarantee that your company is performing at peak.
When a business migrates to the cloud-based ERP; it is going to realize a substantial decrease in the operating expenses. You shall be required to purchase software and license, and equipment to support it if you are using an inhouse ERP. Additionally, you will have to hire qualified people to come and install the software in your premises. Most of small and medium-sized businesses can’t afford these costs. However, hosting the program on the cloud will only cost you only the monthly service fee. It will thus be cheap to implement the system in your company. There is no doubt that cost will reduce if you implement cloud-based ERP correctly.
Increased ERP security is another benefit of considering cloud-based solutions. It is vital always to remember that ERP software is used in the management of the day to day activities relating to the project management, risk management, supply chain operations, procurement, and accounting. You need to secure the data from unauthorized users within your company and any intruders. However, if you migrate your environment to the cloud, you are assured of safety because the provider put in measures that protect your data. Administrators in the company are provided with cloud tools that allow them to monitor anyone who is accessing their 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. Your ERP system will be easily hacked if it is obsolete. However, the cloud provider will make an effort to make sure that your cloud solutions are up to date.
Microsoft Dynamic GP cloud is the most commonly used cloud-based ERP. As you have already seen, there are many benefits of cloud-based solutions, and thus you should consider migrating your current Dynamics GP environment straight to the cloud. Isolutions is the best provider of Microsoft Dynamics GP cloud hosting services.