Why are companies moving their businesses to Cloud?
Lower implementation costs are one of the main reasons why small and medium-sized businesses decide to move their business operations to the Cloud. There is no hardware setup and there is no need to waste IT resources on server maintenance and software upgrades.
However, apart from the lower costs, cloud ERP systems give more flexibility since users can access the data from any location without being tied to the office or only one computer. Access to critical business data anytime and anywhere enables top managers to make sound business decisions in a timely manner.
Another significant benefit of Cloud ERP systems is their scalability. Cloud infrastructure of the ERP system can grow as transactional volume increases. Companies can focus on their performance without thinking about system updates. Cloud ERP providers can provide system updates seemlessly and, at no charge.
In addition, Cloud-based ERP systems provide organizations with Business Intelligence capabilities, Real-time reporting, and the opportunity to drill-down to discover more specific information.
All these benefits lure enterprises world wide to replace on-premise ERP systems with Cloud Based ERP systems.