How cloud ERP can help grow your ecommerce business (Infographic)
Nada Giuffrida, digital PR specialist at Hallam Internet, discusses the power of cloud ERP and how it can enhance your ecommerce business
Cloud ERP versus onsite ERP solutions – Which is best for you?
The enterprise resource planning (ERP) solutions market is evolving at such a rapid pace that, by this time next year, it may be all but unrecognisable.
The biggest emerging trend in the ERP market is the rise of cloud ERP solutions as an alternative to traditional onsite or hosted ERP solutions.
This guide will outline some of the benefits of cloud ERP solutions, which should help you to decide which approach is best for your business.
What's the difference between cloud ERP and onsite ERP solutions?
Onsite ERP solutions
You’re no doubt already familiar with the concept of onsite ERP solutions. In fact, you might already use one to manage your business. The process essentially involves investing in a software package that is then installed on its own in-house hardware, with all the software maintenance and upgrades then being made by your business’s IT support team.
Another approach to onsite ERP involves purchasing a license to use the ERP while leaving all the installation, hosting, hardware management, maintenance, and upgrades to a third party company. This approach might also be known as a hosted ERP solution.
Some might say that onsite ERP solutions are more secure than cloud ERP solutions, but that’s not necessarily true.
Storing your data on the cloud is no less secure than storing it on your own onsite servers. And on top of that, cloud systems invariably provide automatic data backup.
So even should the unthinkable happen – say your business premises are flooded – you can rest assured that the integrity of your data has not been compromised.
Cloud ERP versus onsite ERP solutions – a side by side comparison
So which solution is right for you?
Onsite ERP solutions still offer a wealth of benefits for businesses of all sizes. However, you might consider the cloud approach if:
- You’re an SME or a start-up who wants to enjoy all the benefits of an ERP solution, but you cannot afford the large initial investment.
- You have an extensive mobile workforce, a large proportion of your staff works remotely, or you want to guarantee a good work/life balance for your team.
- You want a scalable solution that can grow at the same pace as your business.
- You’re looking to expand your business into international territories.