What is Cloud ERP anyway?
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Cloud computing has fundamentally changed the way our organizations work daily. As long as your data resides on-cloud, the work never stops!
If we had to define it at its most basic level, ERP software basically, links all the business processes from procurement to sales, finance to HR & manufacturing to services. ERP software shares common set of essential data in a company. Because better understanding of every business process affects the next stage of the process, a Cloud ERP makes your business more efficient.
On-Cloud everything is more efficient!
We all know the pains of version control. Keeping business-relevant information online spares the human error of constantly dealing with documents and files being uploaded and downloaded. On-Cloud everything can be adjusted and updated in real-time. An every-single person working from any location can be constantly in-touch with work and collaborate seamlessly.
Aberdeen Report Highlights
– Get more than just a money saver Cloud- ERP
– Create efficiency in order fulfilment using the Cloud-ERP
– Enhance visibility and traceability
– Rely on Cloud- ERP for innovation and business scalability
– Improve sales with Cloud-ERP
– Many Cloud- ERP users have reported that they can scale their business with ease due to their software’s flexible capabilities.
In the first place, the cost-saving is a compelling advantage, but there is much more to using an on-cloud ERP.
Is Cloud- ERP Right for you?
Why Are Manufacturers Switching to Cloud ERP? Manufacturers are moving towards the cloud to stay competitive that has been impacting manufacturing industry with the rise of automation and remote working.
As per the Aberdeen report, the organization using Cloud ERP stayed within their budget as compared to 12% over-budget with those using an on-premise solution; which is quite a compelling percentage.
Though cost savings are just one of the reasons for manufacturing businesses use a cloud- based ERP, the report also mentions clearly that those using an On-Cloud ERP have achieved an ROI in 24 months as compared to the 31 months for on-premise users.
Benefits noted amongst businesses of all sizes using a Cloud ERP
As compared to organizations using an on-premise ERP, a Cloud-ERP has innumerable benefits ranging from faster time to decision making, faster business processes, improved on-time shipment and increased profit margins.
Business drivers impacting Cloud decisions
According to a leading Aberdeen research, 31% stated a need for collaboration across different locations for streamlining business processes.
And because the cloud ERP manufacturing software lets you communicate and collaborate from anywhere anytime, you get a better visibility and clarity about business processes and make decisions even faster.
24% of them stated that they were looking for a solution that could be more scalable and rely on one-single software with an on-going support from their software vendor.
Lastly, 22% of them wanted to replace an ancient technology structure with a cloud solution.
The Cloud-ERP effects every-day job function in the organization, affecting sales, supply chain management, overall corporate management and governance, financial operations etc.
Let’s see it from a sales perspective! A lot of sales activities are often performed outside of office premises. In fact, a leading report suggests that 62% indicated that sales can be greatly improved through cloud technology. A sales professional can always relate to the customer’s data in real-time and that solves too many purposes. What are The Benefits of Moving to the Cloud?
Several businesses that have moved beyond the start-up phase and are likely to implement an ERP and are trying to get a hold on their Supply Chain Management the on-cloud ERP can be an asset to your business.
On choosing your Cloud-ERP manufacturing software
Choose an ERP service provider with deep knowledge who provides you with a list of engagements with your proposed product – including the modules you consider critical for your business.
Ensure that your service provider has a clear experience in your industry and market segment.
Cloud based ERP for manufacturing can go global quickly, so your services partner should have experience with remote training, international support, and regulatory issues in your overseas markets as well.
In the end, your ERP implementation is one step in a long-term relationship between you and the software vendor, thus, you should do business with companies that abode your success at the top.
Hey, if you’re looking for an ERP feel free to contact us and get a deeper insight about the best ERP for your manufacturing business.
Download eBook on, ‘Cloud vs on-premise ERP‘ if you wish to learn more about the core features of an ERP solution and how it can help your manufacturing business with its functions.