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Determine which cloud ERP vendors are right for you

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If you and your organization are still up in the air about which cloud ERP vendors to choose from, read this to help find who best addresses your deployment and functional needs.

If you and your company aren’t sure which cloud ERP software is the right one for you, you’re not alone. Different vendors can have substantially different capabilities. There are different hosting options, such as using a SaaS ERP system or a two-tier approach. With options abounding, one of the critical first steps is identifying organizational needs to help filter out the cloud providers that may not be a good fit should they not be able to offer the necessary functionality or performance.

While it can be a challenge tonavigate the cloud ERP waters, there are some leaders that have emerged in the space, each with their own unique functionalities and abilities that work for a range of organizations in a variety of industry verticals.

Clearly define what you need and what you don’t need

Your company needs to develop an overarching enterprise strategy so that the IT strategy aligns with the goals of the organization. This will help not only define the direction to go in when selecting cloud ERP software, but what tools will be needed to achieve that direction. From there, system capabilities can be evaluated and filtered to understand what cloud ERPsystem makes the most sense. Thought should also be put into external considerations including customer and supplier impacts. Defining requirements and capabilities can uncover the true needs, and further prioritization can help separate real needs from wants.

In the earlier era of cloud and software-as-a-service (SaaS) ERP offerings, cloud services differed greatly in certain areas of functionality and pricing, but with the growth of cloud, those distinctions have leveled out. As it stands, the differences between traditional ERP providers moving to the cloud and born-in-cloud ERP vendors are becoming less significant. The differences that do exist are predicted to become increasingly reduced as born-in-cloud and SaaS providers mature and traditional ERP vendors continue investing in their own cloud services. As the various cloud ERP software suites are evaluated, it remains essential to articulate organizational needs and become educated in software focus and capabilities. In the following sections we’ll look at some of the options in the market today.

Cloud ERP software for larger or more complex enterprises

Larger enterprises in search of cloud ERP software generally need a system that covers a range of services. Some systems can offer robust functionality due to the various options and modules that cloud ERP vendors offer. The drawback may be that some prepackaged modules or services may not be entirely necessary.

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