As a small or mid-sized business owner, you know that technology is generally a big expense. As it constantly evolves, it’s important for any business to keep the cost of technology in check. The key is to maintain that all-important competitive edge without depleting much-needed revenue and resources.
When considering ERP software, you’re going to notice that traditional systems have limited scalability. Because ERP business software was original created for enterprise businesses, there was no real need to scale resources. An enterprise business simply doesn’t grow exponentially.
If you’re an emerging business that shows promise of significant growth in the future, you need a cloud ERP software solution that is a good fit today and scalable enough to grow alongside your company.
When you purchase a legacy ERP system, you have to pay for both the hardware and the software technology. This mean you’re incurring the entire licensing cost, which you’re then unable to write off during any lulls in the business year when the software isn’t really needed.
Also, with a legacy ERP system, building on a customized application is a challenge for any developer, as older models aren't future proofed for upgrades.
Cloud ERP: Scale Up Or Down Depending On Your Business Requirements
As a small or mid-sized business, you need the ability to adapt to constantly changing business requirements – that why, with ERP software, you must consider what you need beyond today.
With cloud-based ERP software as a hosted solution, you have the ability to add or remove users with a single click, never mind the hassle and cost of setting up hardware and software on individual computers.
Also, when you partner with a cloud-based ERP software platform that features a vast customer base, you never have to endure time-intensive and expensive ERP migrations. Worries about outgrowing your software become nil, as your cloud ERP platform should offer several built-in functional areas you may utilize today or down the road.