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Key Benefits of Cloud-Based ERP

Cloud based system among companies are prevalent today. A large percentage of business are considering using an ERP system to integrate, digitize, and automate their process. For many years, business have been using inhouse ERP but because of several drawbacks, they are migrating their systems to the cloud. You should consider cloud-based ERP because of the following reasons.

The key reason why you should consider cloud-based ERP is because of increased performance. If you have an in-house ERP, you will require proper setup and maintenance to the software. Incorrect setup and maintenance of the ERP will subsequently lead to poor performance. However, when you are hosting the program on the cloud, the provider is going to ensure that the system is adequately maintained. Consequently, it is going to perform at peak.

There will be significant reductions in the operating cost in the company. Expenses associated with an in-house ERP solutions are the purchase of the software, permit, and hardware to supports it. Moreover, you will have to hire qualified people to come and install the program. Handling these costs will be a challenge for the small and medium-sized businesses. However, hosting the program on the cloud will only cost you only the monthly service fee. It will thus be cheap to implement the system in your company. In the situation you implement cloud-based ERP correctly, there is no doubt that expenses in your company will decrease.

Increased ERP security is another benefit of considering cloud-based solutions. Remember that the ERP system is going to help in the management of the process in your business such as procurement, supply chain management, accounting, project management, and risk management. All these processes carry critical information and you will want to ensure that it is safe. However, if you migrate your environment to the cloud, you are assured of safety because the provider put in measures that protect your data. You are going to have control on the person who is going to access the data in the cloud.

A client who opts for cloud-based ERP is going to get help from the provider at all the time. If you are experiencing an issue, it will be an easy task for you to solve it. You need to know that using outdated ERP in your company makes it vulnerable for hacking. However, the cloud provider will make an effort to make sure that your cloud solutions are up to date.

Microsoft Dynamic GP cloud is the most commonly used cloud-based ERP. With the modern cloud technology, you should migrate your existing Dynamics GP environment straight to the cloud. The best provider of cloud hosting for Microsoft Dynamic GP is Isolutions.

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