When integrated Enterprise Resource Planning (ERP) systems first became available, they were expensive to acquire and implement. ERP systems typically needed huge onsite IT infrastructure and staff to operate and maintain.
Only larger companies with established IT departments and substantial financial resources could expect a reasonable return on investment from these weighty ERP implementations. Cloud technology has dramatically changed the economic reality. Cloud Enterprise Resource Planning solutions now available for small and mid-sized Businesses (SMBs) in a Cloud SaaS configuration have changed the game. The benefits of Cloud ERP software and SaaS are clear in significantly reduced up-front acquisition and implementation costs, as well as subscription licensing.
Local Enterprise Resources Planning specialist and Chief Executive of MyERP, Stephen Corrigan is of the opinion that Cloud ERP software gives small and mid-sized businesses the same planning and execution capabilities as larger organisations, allowing them the same competitive advantages. “We have just completed our eleventh Acumatica installation with absolutely no hiccups. We were amazed at how rapid we can implement compared to the tedious traditional ERP systems.” Cloud-based Enterprise Resource Planning benefits customers by providing application scalability and reduced hardware costs.
In addition, Cloud computing technology made it easier for Acumatica to deliver ERP through a Software-as-a-Service (SaaS) model for customers who want to acquire cloud ERP and not have to manage hardware, software, and upgrades while reducing up-front expenses.
“When selecting an ERP product, it is essential that businesses beware of expensive imitations,” said Corrigan. “If it isn’t adaptable or can not be accessed through any browser without the need to install additional software, then it’s just not true modern day Cloud ERP.”