What is Cloud ERP?
Although every organization today is unique, they all face a common challenge — to compete effectively in the modern business environment, they need access to technology that enables rapid growth and expansion. Advanced, globally connected software tools and systems are required so companies can focus more time and energy on implementing growth initiatives and less on everyday IT management.
As technology continues to advance, more and more companies are considering cloud ERP systems more than ever. ERP, or Enterprise Resource Planning, refers to software used by companies to manage activities such as procurement, accounting, risk management, project management, or supply chain operations.
How Cloud ERP simplifies your business management
If a traditional ERP system is usually hosted on in-house servers, requiring maintenance by IT staff, on-site implementation, regular updates, and hardware investments, the same does not apply to a cloud ERP system.
Delivered as SaaS (Software as a Service), hosted in the cloud (within a data center, usually owned by the ERP provider), and accessed via an internet connection, this is Cloud ERP. Maintenance, security, and upgrades are handled by the cloud provider, freeing your IT department from additional tasks.
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Benefits of DevTeam Cloud ERP systems
Reduced Costs
Security
Accessibility
Fast Implementation
Efficient Cross-Department Collaboration
Reduced Costs
Traditional ERP systems require manual maintenance and periodic updates, all of which can impact a company's budget. Cloud ERP, on the other hand, is a relatively low-cost operation. With a minimal startup fee, you can have a fully implemented cloud ERP system for your business in a timely manner.
Subscription costs for Cloud ERP are reasonable and generally designed to fit within the budget flow of small and medium-sized enterprises. With Cloud ERP, there is no need for large upfront investments.
Security
One of the biggest benefits of Cloud ERP systems is the superior security they provide to businesses of all sizes. When it comes to storing and retrieving company data, it is essential that operations remain secure at all times.
With Cloud ERP, you never have to worry about data breaches because the system tracks all activity and fully encrypts your data, with specific disaster recovery procedures in place.
Accessibility
In today’s world, as more employees work from home, businesses of all sizes are becoming increasingly decentralized.
If ERP is managed in the cloud, it allows better accessibility. This means your employees can easily access the tools they need from anywhere, at any time, using any device with an internet connection.
Additionally, companies with multiple locations will have no issues accessing a cloud ERP system.
Fast Implementation
Compared to traditional ERP systems, Cloud ERP systems can be deployed much faster. There is no time spent selecting and purchasing hardware, hiring or training IT staff, or creating new data security protocols. The implementation process for cloud solutions is much quicker and far less complex for a business.
Implementing your software in the cloud is also reliable and provides easy access to real-time data from anywhere, helping your team work more cohesively and successfully fulfill their roles.
Efficient Cross-Department Collaboration
ERP aims to improve collaboration between departments, promoting communication regardless of distance. Even when employees are in different locations, they can collaborate in real time, interacting much more efficiently.
Departments gain quick access to the necessary tools, helping them make better decisions and achieve objectives efficiently, keeping collaboration an essential component regardless of business changes in response to current trends.
Cloud ERP Migration
Most companies are already familiar with traditional ERP software, which helps organize data spread across independent departments.
Migrating to Cloud ERP solutions, which integrate some or all essential business functions into a single comprehensive ERP system, should certainly become a priority for Romanian businesses as well, enabling them to take advantage of all opportunities and save significant resources.
