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Cloud ERP – getting information on the go

Traditional ERP systems have long been criticised for their high cost, lack of flexibility, and difficulty of implementation. New enterprise-grade cloud applications are fast replacing old ERP systems as companies move to become more flexible, modern and more mobile.

The world of business application software is rapidly transforming how organisations source and implement ERP systems. CIOs are rethinking their approach to the software that runs virtually every medium and large organisation in the world.

Palladium Business Solutions Managing Director Stephen Corrigan says it is thanks to modular, cloud-based business applications that offer viable alternatives to the unwieldy, inflexible, and expensive systems that have long dominated the sector.

“Cloud ERP vendors like Acumatica are now offering cost-effective solutions to companies that may not have been able to afford the on-premise software. They are already having a disruptive effect on the ERP market by offering affordable yet sophisticated, flexible, highly mobile, and easy-to-use applications,” he explains.

Sold on either a perpetual license or on a Software-as-a-Service (SaaS) subscription basis, these systems offer companies the promise of reduced costs, while giving customers, suppliers, and employees alike a better user experience, greater functionality and more control over how the systems are used.

In addition, Acumatica has a new fresh approach in that it doesn’t charge on a per-user basis, but rather one that is based on the number of system processors used.

Corrigan says this model has opened up a number of new markets in the form of professional services and project-based companies with the integrations of timesheets and the like.

“Customers, suppliers, and partners expect direct access to billing, shipping, and inventory data. They don’t want to call someone to get this information and companies don’t want to generate unnecessary customer service calls. Older systems weren’t designed for multiple user access and tend to be less customer-service oriented,” he says.

Being a true cloud solution has substantial benefits in terms of integrations with web, or Integration services, being available on every processing screen. This is one of the reasons why Acumatica was chosen by Microsoft to demonstrate the use of ERP solutions on its new Azure platform and more recently, Acumatica was used to demonstrate the release of Microsoft’s new Odata connectivity to the Microsoft Power BI product.

Employees are mobile and information also needs to be. By leveraging the potential of this decentralised world, more and more of the workforce is doing work from mobile devices on the road, using tablets, laptops, and phones.

Palladium Business Solutions has been offering tailor-made solutions to businesses throughout Africa, from the single-user SME to large multi-user, multi-site corporate customers since 2002.

About The Author

Following reverse listing, public can now acquire shareholding in Paratus Namibia

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20 February 2020, Windhoek, Namibia: Paratus Namibia Holdings (PNH) was founded as Nimbus Infrastructure Limited (“Nimbus”), Namibia’s first Capital Pool Company listed on the Namibian Stock Exchange (“NSX”).

Although targeting an initial capital raising of N$300 million, Nimbus nonetheless managed to secure funding to the value of N$98 million through its CPC listing. With a mandate to invest in ICT infrastructure in sub-Sahara Africa, it concluded management agreements with financial partner Cirrus and technology partner, Paratus Telecommunications (Pty) Ltd (“Paratus Namibia”).

Paratus Namibia Managing Director, Andrew Hall

Its first investment was placed in Paratus Namibia, a fully licensed communications operator in Namibia under regulation of the Communications Regulatory Authority of Namibia (CRAN). Nimbus has since been able to increase its capital asset base to close to N$500 million over the past two years.

In order to streamline further investment and to avoid duplicating potential ICT projects in the market between Nimbus and Paratus Namibia, it was decided to consolidate the operations.

Publishing various circulars to shareholders, Nimbus took up a 100% shareholding stake in Paratus Namibia in 2019 and proceeded to apply to have its name changed to Paratus Namibia Holdings with a consolidated board structure to ensure streamlined operations between the capital holdings and the operational arm of the business.

This transaction was approved by the Competitions Commission as well as CRAN, following all the relevant regulatory approvals as well as the necessary requirements in terms of corporate governance structures.

Paratus Namibia has evolved as a fully comprehensive communications operator in Namibia and operates as the head office of the Paratus Group in Africa. Paratus has established a pan-African footprint with operations in six African countries, being: Angola, Botswana, Mozambique, Namibia, South Africa and Zambia.

The group has achieved many successes over the years of which more recently includes the building of the Trans-Kalahari Fibre (TKF) project, which connects from the West Africa Cable System (WACS) eastward through Namibia to Botswana and onward to Johannesburg. The TKF also extends northward through Zambia to connect to Dar es Salaam in Tanzania, which made Paratus the first operator to connect the west and east coast of Africa under one Autonomous System Number (ASN).

This means that Paratus is now “exporting” internet capacity to landlocked countries such as Zambia, Botswana, the DRC with more countries to be targeted, and through its extensive African network, Paratus is well-positioned to expand the network even further into emerging ICT territories.

PNH as a fully-listed entity on the NSX, is therefore now the 100% shareholder of Paratus Namibia thereby becoming a public company. PNH is ready to invest in the future of the ICT environment in Namibia. The public is therefore invited and welcome to acquire shares in Paratus Namibia Holdings by speaking to a local stockbroker registered with the NSX. The future is bright, and the opportunities are endless.