Cloud computing has taken the ERP landscape by storm

Cloud ERP Solutions
Investing in licensing, IT resources or infrastructure enhancements can be costly for any organization. And for small and mid-size organizations that have smaller budgets to work with, Cloud technologies can provide additional options that will help positively impact the bottom line.

Studies have shown that Cloud solutions deliver lower total-cost-of-ownership (TCO), time to value and quicker ROI than on-premise solutions if the technology maps directly to the business need.

With cloud computing, you can adjust users and applications up or down to meet the changing demands of your business. You can trial applications without a large capital investment and roll out new applications to groups reducing risk and spreading training costs.

Saving the organization from capital Expenditures that last longer on the balance sheet than in the server room may be the most often cited benefit, but there are some you may not have considered.

What are the cost savings associated with moving ERP to the cloud?

Capital costs are reduced because there is no need to purchase computer hardware to house your ERP system. Operational costs, including IT support power to run servers and server operating systems are reduced or eliminated. CFOs also find savings in the ability to rely on predictable monthly costs.

How does a cloud ERP solutions improve ability to scale?

With cloud computing, you can adjust users and applications up or down to meet the changing demands of your business. You can trial applications without a large capital investment and roll out new applications to groups reducing risk and spreading training costs.

As a startup, is a cloud ERP system more than we need?

Cloud ERP solution is a perfect fit for startup organizations and start up divisions within an existing company. You can use the functionality that you need and expand your use as the company grows. Since there is no capital investment and no IT team needed, you can test markets and change course if your business changes.

Conclusion here is that ERP vendor selection is an important activity. However, it is just one component of successful ERP projects and should be combined with an ERP Business Benefits Realization program to ensure business value and ROI are achieved from the implementation.

Do share with us your thoughts and feedback at business@bodhtree.com

 

 

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