ERP

Is cloud-based ERP solution suitable for my business?

Business owners always struggle to match the budget of technology with their growing needs. Cloud ERP is the perfect solution to boost productivity and efficiency because it’s reliable, affordable, and easy to use. We’re introducing cloud ERP and highlighting the benefits of implementing one for your small business, so you can see whether it can improve your operations and help your business to grow.

 

What is Cloud ERP?

Cloud ERP is a software-as-a-service (SaaS) application. It offers a complete business management solution that is hosted in the cloud and can be accessed from any computer or mobile device with an Internet connection. The famous and most applied Cloud ERP in the market included Microsoft Dynamics 365, NetSuite, Odoo, SAP Oracle and more.

 
Microsoft Dynamics 365

Microsoft Dynamics 365 is one of the most widely used ERP systems on the market today. It is a feature-rich platform that combines CRM with ERP capabilities to deliver an all-in-one solution for your business. The platform is cloud-based which means it can be accessed from anywhere and on any device as long as you have an internet connection. It also offers a user-friendly and flexible user interface that makes it easy to learn and use. M

Odoo

The Odoo Enterprise Resource Planning (ERP) system is designed for all sizes of companies from all industries and fields, such as manufacturing, distribution, services, retail and more. Top successful companies are using Odoo, including Toyota, Hyundai, The World Wide Fund for Nature, Qatar Investment Authority(can change to Malaysia firm) and more. With over 8 million users growing their businesses with Odoo, you can fully trust Odoo ERP can help you to achieve your business goal. 

 

Cloud ERP VS. On-Premises ERP 

Cloud ERP provides all of the standard functionality found in traditional on-premises ERP solutions but costs significantly less and requires less maintenance than a traditional on-premise ERP system. Cloud-based solutions also come with fewer upfront costs and are easier to implement and maintain than traditional on-premises systems. In addition, you can access your system from anywhere as long as you have an Internet connection rather than having to use a physical server or computer.

It is cost-effective as most of the required hardware and software are provided by the service provider. This is a major advantage for small businesses that want to implement an ERP system but lack the resources to purchase and maintain the software and hardware required for on-premise systems. It offers all of the standard functionality found in traditional on-premises ERP solutions but costs significantly less and requires less maintenance than a traditional on-premise ERP system.

Here are 9 Advantages of implementing an ERP solution for your small business:-

1.Reduce operating costs : An ERP solution offers cost savings by eliminating the need to maintain expensive servers and reducing management costs. By using a cloud-based platform you can easily scale your business as your revenue grows without having to invest in new infrastructure or equipment.

2. Improved efficiency : With all of the data you need in one place, your staff will be able to spend less time searching and more time analysing your data to make better decisions for your business.

3. Increase productivity : With a centralised database, employees can easily access the information they need without relying on external vendors or manual data entry which can lead to costly mistakes.

4. Gain valuable insights : By integrating all of your business’ data into a centralised system you will be able to gain valuable insights that can help improve your business and drive growth.

5. Offers unlimited scalability : An ERP solution can easily accommodate the growth of your business without any additional investment or effort on your part. If you need to add new users or change user roles it can be done quickly and at little to no cost to your business.

6. Improves collaboration : With an ERP solution, your employees can have access to up-to-date data and real-time reports wherever they are located. This can enhance team collaboration and drive productivity across your organisation.

7. Offers enhanced security : Because data is securely stored in the cloud, it can be accessed from anywhere at any time without the need for on-site servers which reduces the risk of data theft and security breaches. 

8. Flexibility : Cloud-based solutions offer your employees the mobility to work remotely while providing them with access to the tools they need to do their job effectively. So they can work from either on-the-go, on site or anywhere.

9. Improve customer experience – A cloud-based solution can allow you to provide customers with self-service options which can improve response time and help to reduce customer wait times. In addition, by centralising customer data you will have a better understanding of your customers which can help you to target the products and services that best meet their needs and provide a better overall experience.

Conclusion :

Having an integrated ERP solution will enable you to streamline operations by eliminating duplicate processes, improving efficiency, and increasing productivity. This will allow you to focus on growing your business rather than spending time on administrative tasks that can take away from your core business focus.

If you are considering which ERP to implement, we are a professional ERP consulting team that can customise solutions to your business needs.