Enterprise resource planning (ERP) systems can help companies decrease expenses, enhance productivity, improve operations, and many other key benefits that help a company run efficiently and effectively. It is well known that cloud computing has been proven to be cost-efficient, can improve productivity, and streamline processes for organizations. It only seems natural that combining ERP systems with the cloud can benefit businesses in many different ways.
That is why it is so important for any company interested in integrated their ERP system with the cloud, thus creating a Cloud ERP system, to know and understand the three options available to them for doing so. At its core, a Cloud ERP system should be designed and implemented to address the inflexibility of existing ERP solutions by allowing businesses to choose the utilization that fits their specific needs.
Private Cloud ERP
Utilizing a private Cloud ERP strategy is useful when you have a legacy system in place, which does not contain any built-in cloud computing capabilities. This strategy does require a high level of trust in a company’s IT department, as it requires close, daily monitoring to maintain its effectiveness.
Key Benefits of a Private Cloud ERP System:
- Increased security
- Less disruptive upgrades
- Hosted on-site
Hybrid Cloud ERP
The Hybrid Cloud ERP strategy works great for organizations that have built-in cloud computing capabilities already in place with an existing system. By implementing the Hybrid Cloud ERP strategy, companies are able to take full advantage of cloud-based ERP systems that are vital to their business needs. Examples include CRM systems being placed in the cloud and other Software-as-a-Service applications that are meant to improve operations, cut costs, and make the organization as a whole run more efficiently.
Public Cloud ERP
A Public Cloud ERP system is based 100 percent in the cloud. This strategy is can sometimes require the highest investment in terms of time spent setting everything up properly, but it also offers some of the greatest long-term benefits. It can help keep initial costs down due to its “pay as you go” model, which means you only pay for what you use, though you may have flexible rate options. With the Public Cloud ERP system, software updates now happen automatically and require zero intervention by an IT professional. Additionally, since the Public Cloud ERP system is not physically hosted on your company’s property, the solution is more readily adaptable and accessible across multiple devices from any location.
Cloud ERP is a flexible and cost-effective option for businesses and offers extensive benefits for growth and productivity, which include:
- Freedom to scale and grow as needed
- High-level security and privacy
- Lowers total costs, both up front and ongoing
- Latest innovations always available for use and integration
NSA offers cloud ERP solutions to meet your organization’s unique needs and budget. Contact us today to learn more or see how we could help you reach your business goals through a cloud ERP solution.