In the past, individuals would monitor their merchandise, staff, and clientele by physically being present in the office. But with the progress in technology, the terms “mobile” and “remote” have become common as they are frequently utilized. Consequently, it is now effortless to access everything from your merchandise, communication, inventory, and data, to employee and client information with just a few keystrokes.
As a result, it has become imperative for businesses to adapt to these technological advancements to remain competitive in the current business landscape. One way to achieve seamless and accessible information is by adopting a modern cloud-based ERP system.
“Cloud ERP refers to enterprise resource planning software that is available over the Internet. It is an all-in-one solution, providing innovative functionality for all core business processes.”
The Difference between SaaS and Cloud ERP
The primary distinction between traditional ERP and cloud ERP is that the latter is provided as a service, commonly referred to as software-as-a-service or SaaS ERP. In contrast, cloud ERP is operated within the ERP provider’s digital computing platform, eliminating the need for customers to concern themselves with the physical procurement of hardware to establish the system. The cloud ERP software is owned by the vendor and rented out to customers through an annual or monthly subscription fee. The vendor is responsible for managing the application, maintenance, updates, upgrades, storage, and security-related matters associated with the ERP software. This convenience allows for proper time management and the streamlining of business requirements.
IBB’s ERP solution is a cloud-based ERP system with many functionalities to support small and mid-sized organizations to sustainably expand operations and grow their business.
Contact us for more information.
The Top 3 Reasons to go for Cloud ERP Software Solutions
The Cloud ERP system incorporates cutting-edge technology that has the potential to transform businesses to become competitive and expand at faster rates. There are numerous reasons why enterprises should adopt the Cloud ERP software solution, such as increased efficiency, productivity, and cost-effectiveness.
Listed below are the three primary advantages of upgrading to the latest cloud ERP system.
If you want to know more, How Cloud ERP can Assist Small to Mid-Level Wholesalers and Distributors is a good read!
Reason #1: Cloud ERP is Efficient
Upgrading to the latest cloud ERP system is a compelling choice because it enables organizations to leverage the latest functionality and features available. The cloud ERP software is an all-in-one solution that facilitates integration across all departments and functionalities. This modern ERP solution is extremely user-friendly, allowing users to access data from any mobile device, such as PCs, laptops, tablets, or smartphones. Cloud technology eliminates the need to install the system, as data is readily available with an internet connection.
Furthermore, the cloud ERP system facilitates instantaneous data saving and updating, eliminating the need for repetitive data entry. It automates numerous tasks such as invoicing and report generation, resulting in enhanced data accuracy, reduced human errors, and data redundancy. Fast and precise reporting offered by cloud ERP solutions promotes business growth and helps enhance employee performance. Having data available with a single click aids organizations in making critical decisions and achieving better business visibility.
Reason #2: Cloud ERP is Cost Effective
As you are now aware, cloud ERP is stored and managed by the vendor, eliminating the need for organizations to invest in specific hardware for software installation, as required for on-premises ERP. This way, cloud ERP software systems can help businesses reduce their total cost of ownership. Additionally, an organization can also reduce labor costs as cloud ERP does not require a team of IT experts to manage the system, its updates, and upgrades. The cloud ERP vendor provides all services related to configuration, maintenance, and software updates. This makes the cloud ERP a value for money choice!
Reason #3: Cloud ERP is Secured
Another significant advantage of upgrading to the latest cloud ERP system is enhanced security and compliance. The cloud ERP vendor is responsible for ensuring the security of data, so you and your IT department need not worry or spend money on data security or be concerned about cyberattacks.
Cloud ERP vendors have a team of experts dedicated to implementing security measures to protect their systems and customers’ data from cyber threats, which is crucial in today’s digital landscape. By upgrading to the latest cloud ERP system, businesses can stay up to date with the latest and most trusted security protocols, including multi-factor authentication, data encryption, and consistent security updates. Furthermore, the latest cloud ERP systems are designed with regulatory compliance in mind, ensuring that organizations stay compliant with all regulatory requirements related to information technology, data protection, and customer privacy, thereby avoiding fines and penalties.
For more details on the cloud ERP security, read our article Security and Safety in Cloud-Based ERP Systems
Move Your Business to Cloud ERP Today!
Cloud ERP systems offer greater accessibility and flexibility compared to on-premise systems, enabling businesses to easily add or remove users and modules according to their changing needs. With modern technology, data is easily accessible with a few clicks. By investing in a cloud ERP system, businesses can invest in the latest technology, stay competitive, improve operational efficiency, and drive growth.
IBB-ERP provides a comprehensive and cost-effective cloud ERP system that manages your entire product life cycle from production to end-user delivery.
- Real-time data access
- Inventory management
- Point of Sale (POS) services
- Delivery management
- Warehouse management
- Order management
- Picker management
- Direct store delivery management
- Report generation.
In addition to the above, we believe that customers are the backbone of any successful business. Therefore, at IBB, we prioritize customer satisfaction above everything else. Our CRM tool is designed to support and manage all interactions and relationships with existing as well as potential customers, ensuring a seamless and personalized experience for them from start to finish. Contact our team of experts and learn more about our cloud ERP system, and the customizations we offer to suit your specific business needs. We can also schedule a demo for you to experience our ERP system in use.