Top 10 Advantages of ERP in the Cloud
There are important advantages of ERP in the cloud that organizations should consider when it’s time to upgrade your business software. The cloud has come a long way, and mature solutions like Trek Cloud ERP provide you with the comprehensive capabilities you need along with the benefits of cloud computing. Below, we’ve identified the top 10 advantages of ERP in the cloud to help you as you go through your ERP selection process.
1. Lower entry cost
Beyond the robust system capabilities of mature cloud ERP, another one of the advantages of ERP in the cloud is the lower entry cost. Organizations do not have to buy expensive hardware, software and hardware infrastructure in order to implement their new ERP system. Solutions like Trek Cloud ERP work on any device with a web browser. You can use the computers and mobile devices you already have to log in to the system.
2. Faster implementation
Without the need to install expensive infrastructure, hardware and software, your implementation timeline is significantly shortened. Your provider can create your ERP tenant and provide you with access to your system very quickly so that you can get up and running in about half the time of an on-premise ERP implementation. A shorter implementation means lower consulting fees as well.
3. Available from anywhere
Another one of the advantages of ERP in the cloud is that the software is available from anywhere that you have internet access. Your sales team and executives can log in remotely to access the data they need in order to keep business going. Employees can perform their tasks utilizing tablets and mobile devices with ease. Cloud ERP allows you to operate more effectively in today’s connected, modern business world.
4. Grow instantly
Scalability is greatly improved with cloud ERP. Your cloud ERP provider can easily provide you with the ability to scale up to meet growth demands. Trek Cloud ERP goes a step further, allowing you to adjust both upward and downward depending on your transactions and system usage, making the solution more affordable as it can be put in line with your seasonal fluctuations.
5. Reduced IT burden
Your IT staff can focus on higher value tasks and turn over the maintenance of your cloud ERP to expert providers. Trek Cloud ERP is offered in a Software as a Service (SaaS) model, which takes the burden of managing the ERP off your staff. Trek Global can also provide you with other ERP hosting options depending on your needs.
6. Enhanced security
World-class cloud ERP security is a part of the service Trek Global delivers to its customers. Fortune 500 companies around the world rely on the same cloud security to protect their businesses. As early cloud adopters, we’ve identified security measures that keep our customers’ data and systems safe and secure, so that they have the peace of mind with complete protection. Learn more about Trek Cloud ERP system security.
7. Upgrades are managed
One of the other important advantages of ERP in the cloud is that your upgrades are managed for you. This is especially a benefit if you choose a SaaS solution like Trek Cloud ERP. You won’t need to worry about whether or not you are on the most current version of the software. Security patches and bug fixes happen quickly and seamlessly. New system features roll out on a regular schedule, keeping you current and moving forward.
8. Reduced downtime
If you are currently experiencing downtime in a legacy system, you’ll find the improved uptime to be among the important advantages of ERP in the cloud. Cloud ERP solutions in general see about half the amount of data loss and downtime as on-premise ERP. Trek Cloud ERP goes even further with a record of delivering 99.9% uptime to its customers.
9. Easier integration
Web APIs like those available in Trek Cloud ERP provide you with the ability to integrate easily and quickly with just about any other solution. Integrate your webstores, point of sale system, CRM and other software for improved automation and reduced data re-entry. You’ll lower your administrative and operational overhead even further and deliver faster, improved services to your customers.
10. Return on Investment
According to an independent study, organizations that implemented cloud SaaS ERP solutions saw a 13% greater improvement in profit margins over the next 2 years compared to those who implemented on-premise ERP. The real-time, anywhere access that cloud ERP provides is part of what attributes to this improvement. Work is better streamlined and employees can make faster, improved decisions from wherever they are, which significantly impacts the bottom line.
Ready to Experience the Advantages of ERP in the Cloud?
Contact us to learn more about the advantages of ERP in the cloud. We would be glad to provide you with a free demo of Trek Cloud ERP, discuss our pricing options and help you estimate your return on investment.