Cloud-based ERP applications
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What is cloud-based ERP software?
The term Enterprise Resource Planning (ERP) was introduced in the 1990s to describe a type of software that helps manage and automate end-to-end business processes within a company, from finance to sales and production. In those early years, ERP systems were deployed on-premises, meaning on the customer’s own servers and data centers. However, the introduction of cloud ERP in the 2000s changed everything.
Cloud ERP is enterprise resource planning software accessed via the internet. As the technological backbone or “brain” of a company, cloud ERP software offers advanced functionality for all of an organization’s core processes. Hosted on a provider’s cloud computing platform, cloud ERP is typically offered as a service (software-as-a-service, or SaaS ERP). Customers do not own the software; instead, they rent it through a monthly or annual subscription. There are no upfront hardware costs, and the provider handles application maintenance, updates and enhancements, data storage, and security.
Why choose a cloud-based ERP system?
Today, customers expect faster delivery of products and services, continuous improvements, greater reliability, and lower costs. Companies often need to look beyond their own boundaries to ensure the best value for their customers. They work virtually with a broad network of partners for production, distribution, sales management, service, support, and even key business processes. As a result, they need software that not only helps them manage increasingly complex internal processes, but also manage enterprise networks worldwide. This is impossible without a cloud-based ERP.
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