ERP News

What is Cloud ERP?

1.18K 0

Cloud computing (“the cloud”) is one of the leading technology topics in the world. Cloud computing, sometimes called on-demand computing, uses the Internet to provide shared computing resources and storage of records or documents. The term covers everything from emailing or photo sharing on a commercial service like Google to hosting the entire computing infrastructure of a global corporation from remote data centers. For more insight, a formal US government definition of cloud computing is provided from the National Institute of Standards (NIST).

The Cloud is particularly valuable to small and medium-size businesses (SMB’s) because it provides access to full function applications at a reasonable price, without substantial operating expenditure for hardware and software. Using the correct cloud provider, a company can rapidly scale as their business grows or a new company is added.

Cloud ERP enables a company’s accounting, operations management and reporting to run in the cloud. As one would expect, Cloud ERP vendors vary significantly in their technology, functionality and service. After researching ERP cloud vendors, it becomes clear that they have few things in common beyond hosting of an application and utilizing the internet to provide connectivity.

The Benefits of Cloud Computing

Cloud ERP has been proven to reduce costs in many ways because it

  • Avoids upfront costs for all computing infrastructure such as hardware and data servers
  • Reduces IT support services because IT is in the cloud
  • Eliminates paying upfront for application software licenses
  • Shrinks the cost of maintaining and supporting those applications since the cloud vendor handles the updates and upgrades

The most important benefits of Cloud ERP go beyond cost-savings and include

  • Paying only for the computing resources needed
  • A fixed monthly rate so companies can use their cash on other business initiatives
  • Taking advantage of Cloud ERP applications faster since installation of hardware and software on servers or user devices is not required
  • The ability to adjust the amount of cloud service as a company’s computing or storage needs fluctuate
  • Enjoying the confidence that the data has been backed up and there is a disaster recovery plan
  • Avoiding attacks on the company’s server because the data in not stored locally, but in the cloud
  • Accessing the system from anywhere makes it easy for a company to expand geographically since the Internet is everywhere and there is no need to implement hardware and software at remote locations

Learn more about the benefits of cloud computing by reading this report from the Aberdeen Group, a highly respected industry analyst firm, entitled “Improve Your Midmarket Business Operations with Cloud Applications”. It provides statistics on improvements that have been achieved by using the Cloud.

The Benefits of Acumatica’s Cloud ERP

Acumatica Cloud ERP is a flexible and cost-effective option for small and medium-sized businesses.

More importantly, it is designed to respond to and overcome the inflexibility of many existing ERP solutions. This is done by allowing CHOICE of:

  • Functionality you wish to license with the Acumatica standard suites as well as optional add-on features
  • Computing power and data storage size needed now and when the business changes
  • Deployment options ranging from SaaS, hosted in a private cloud or on-premise, which can be switched as needs change
  • Licensing models of annual subscription or perpetual license
  • Data access to copy or move the data at any time, unlike many systems
  • Device mobility to easily switch between desired mobile device such as an Apple iPad, iPhone and Google Android or use a Windows, Mac or Linux desktop computer.

For Full Story, Please click here.

Leave A Reply

Your email address will not be published.

*

code