There are a lot of business software vendors on the market today. You know you need to migrate to the next level of operational efficiency, but how do you ensure you’re adopting the right ERP software for your small to mid-sized business?
Although all ERP software systems offer a way to integrate a range of processes and functions, traditionally, these systems were created for enterprise businesses and are considered costly and time-consuming to set up. Luckily, in the last 10 years, cloud-based ERP software offers businesses an affordable and accessible alternative.
The Problem With Traditional ERP Software
Aside from notoriously being costly to businesses, traditional ERP software exists in the form of computer software. These systems are acquired via a license model and are loaded onto your internal servers and computers.
Whenever you purchase an ERP system, your worries do not end there. No matter what solution you deploy – traditional or cloud-based ERP software – it must be constantly maintained and upgraded.
Because everything is set up in-house with a traditional ERP software system, it’s up to your business to maintain both the infrastructure and the platforms. As you absorb the costs associated with server upkeep and the space these servers take up in your office, you are also financially responsible for the maintenance required to keep this complex software running smoothly.
Although an ERP system is meant to help your business streamline operations, a traditional solution brings about new problems to struggle with – and, this typically results in another drain on your resources.