In today's fast paced world, time is money and something that saves time is considered to be even more precious than money itself as it would subsequently turn out to be saving more time which would equate to more money.
When it boils down to making a choice between a cloud-based ERP solution and an on premise legacy ERP solution there are some factors that need to be counted in.
An increasing popularity of enterprise technology and cloud computing is paving the way for transforming ERP solutions and opening up new ways for companies to do business with its clients, interact with its employees, stakeholders and suppliers.
In a market driven by competition, primarily the food industry has faced stagnation owing to a slower pace in the wholesale and food distribution processes; which chiefly focus on competitive pricing.
The cloud journey has immensely benefited organizations with virtual office. Until recent past a major challenge companies faced was deputing professionals remotely. Many professionals refute to work remotely due to a higher cost of living.
Today, innovation is an important aspect in the IT industry with respect to the competition in the market. Cloud ERP makes it comfortable for communicating and dealing with the customers in a short time.
In this era of competition, organizations need to provide highest level of customer service to satisfy the insatiable customer demands. For this reason, software is being delivered to the customers via the internet. This process includes cloud ERP and SaaS models which are highly effective.
An often quoted statistics affirms that most of the IT organizations waste at least 80% of their resources and budget on maintaining and existing infrastructure and applications, in a way known as 'Keeping the lights on'.
Inspirria Cloudtech, a cloud advisory and cloud service brokerage (CSB) firm based in Pune, India, works with cloud products companies like NetSuite, Silkroad, Workforce Software, Google, Box and Docusign.
Cloud-based accounting software’s do all the same functions as your conventional on-premises or self-install accounting software’s do; on the other hand, the key variation is that cloud-based software is hosted on remote servers, they even provide additional benefits in storage and security.
Implementing an ERP from scratch takes a considerable time and effort. Selecting the best fit ERP will actually maximize the ROI, but this is only one side of the story.
